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Market News

Location American Market News for 31 March 2017

China's Tectonic Shift in Bank Funding

Wall Street Journal - 31 Mar 2017 12:53
Most Chinese banks have long relied on deposits to fund their lending. But those once-ample trapped savings are withering away.
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Don't Mistake A Bubble For Sustainable, Organic Economic Growth President Donald Trump is praising the U.S. auto boom, but he doesn't realize it's an unsustainable bubble driven by subprime debt.
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YouTube May Need to Change its Tune

Wall Street Journal - 31 Mar 2017 23:19
Google's embattled YouTube business could use all the friends it can get these days. In the music industry, it may need to buy some.
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Rising Rates Not An Automatic Death Sentence For Stocks What bond and stock investors should do during the trend toward higher interest rates.
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3 Attractive Healthy Dividend-Paying Market Gems Beaten-down healthcare stocks among top payers
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AAII Survey: Bearish Sentiment Back Above Historical Average Pessimism bounced back after two weeks of declining, according to the latest AAII Sentiment Survey. At the same time, neutral and bullish sentiment declined compared to last week.
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Why Americans Aren't Spending Like They Used To

Wall Street Journal - 31 Mar 2017 21:55
For many Americans, the big lesson from the financial crisis was that they needed to be more careful with their money. That pattern wasn't something they were going to unlearn just because of a changing of the guard at t...
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In November 2015, McDonald's started testing fresh beef burgers in selected restaurants in Dallas, as part of its strategy aimed at improving its food quality
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Here's Why Netflix Is Looking For Translators Netflix's international segment accounts for nearly 45% of its valuation, according to our estimates. By 2023, we estimate that more than half of Netflix's revenues will come from its international segment, and its inter...
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Snapdeal sounds out SBI Caps, Kotak Capital, 3 others for 2019 IPO: report Snapdeal sounded out five merchant bankers, including SBI Caps and Kotak Mahindra Capital, to work on an IPO that is likely to hit the market in the second half of 2019
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What the rate cut on small savings schemes, including PPF, means for you Expert say a 0.10% decrease in the interest rate of PPF is not huge in the current falling interest rate scenario given that PPF still offers a 7.9% tax free interest rate
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Ex-Dividend Reminder: JPMorgan Chase, Cisco Systems and ABM Industries Looking at the universe of stocks we cover at Dividend Channel, on 4/4/17, JPMorgan Chase & Co (NYSE: JPM), Cisco Systems Inc (NASD: CSCO), and ABM Industries, Inc. (NYSE: ABM) will all trade ex-dividend for their respec...
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Taiwan's Foxconn saw annual revenue fall last year by 2.8 percent, the first decline since the company listed shares on the Taiwan Stock Exchange in 1991.
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Sensex rises 16% this fiscal leaving investors richer by Rs 26 trillion While Sensex rose 16% in the fiscal year ending 31 March, the Nifty rose 18.55% during the same period
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Rupee caps best first quarter since 1975 amid $12 billion inflow Foreign holdings of rupee-denominated govt and corporate bonds climbed by Rs359.4 billion in first quarter, with Rs272 billion coming in March alone
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Chesapeake Energy Could Have A Tough Year

Forbes - 31 Mar 2017 16:38
Chesapeake Energy Could Have A Tough Year Chesapeake Energy, the second largest natural gas producer in the US, has been struggling to keep up with the commodity downturn over the last two years. The company's stock, which traded at over $30 per share in mid-201...
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South Africa: Big Political Challenge Could Present Opportunity

Wall Street Journal - 31 Mar 2017 16:10
Investors have seen South African finance ministers come and go before. But their recent bullishness on emerging markets makes the firing of Pravin Gordhan a bigger challenge.
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Kohl's Strategy For Boosting Online Sales? Open More Stores While many rivals are closing stores, Kohl's is adding to its numbers. CEO Kevin Mansell believes Kohl's future success is dependent on omnichannel performance which falters when stores customers don't have stores nearby...
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Canada's BlackBerry, reported a smaller quarterly loss on Friday as operating costs nearly halved.
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India gold imports cross 560 tonnes in 10 months of FY17 Gold imports aggregated to 968.06 tonnes in the entire 2015-16 fiscal and 915.47 tonnes in 2014-15, says MoS for finance Arjun Ram Meghwal in the Lok Sabha
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Gold prices fall Rs 190 on global cues

livemint.com - 31 Mar 2017 13:34
Gold prices fall Rs 190 on global cues In Delhi, gold prices of 99.9% and 99.5% purity slumped by Rs 190 each to Rs 29,060 and Rs 28,910 per 10 grams
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Reliance Industries shares rise as much as 5% on last day of Jio offer Reliance Industries shares rose as Jio prepares to charge for services from 1 April
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