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Market News

Location American Market News for 6 April 2017

The Chip Stocks That Don't Need a Smartphone Supercycle

Wall Street Journal - 6 Apr 2017 20:03
Complexity of new devices means Broadcom, Qorvo and Skyworks can sell more chips per phone.
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Unilever Seeks To Appease Investors By Cutting Costs, Scooping Up $5 Billion In Stock The consumer products giant is trying to win back its shareholders after a failed Kraft Heinz bid.
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Should Investors Chase Tesla's Shares?

Forbes - 7 Apr 2017 01:52
Should Investors Chase Tesla's Shares? Split sentiment on Wall Street over Tesla's stock
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The One Thing The Fed Could Do That Would Have A Bigger Effect Than Hiking Interest Rates We learned from the minutes of the last FOMC meeting that the Fed is planning something big. Much bigger than raising interest rates. If done improperly, it could cause pandemonium.
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March PMI echoes RBI's statement on economy rebounding from note ban The composite PMI is now well off the depths plumbed in December
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March Jobs Report Could be Under the Weather

Wall Street Journal - 6 Apr 2017 22:46
Economists warn that Friday's jobs report will likely be skewed by winter storm Stella.
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212 Tesla Owners Can't Be Wrong: How Tesla Can Be Worth More Than Ford On Monday, the market valued Tesla at $47 billion making it for the first time worth more than Ford ($45 billion). Despite "Sells" from Wall Street, Tesla may not be overvalued.
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Market roundup: March debt inflows highest in five years In other news, heat drives volumes on spot electricity market; infra IPOs not in favour in fiscal year 2017
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Commoditization of the Big Board seems irrepressible, moving to index funds, ETFs and algorithmic investing. Investors are losing faith in stock pickers. This applies to hedge fund operators, mutual fund money managers a...
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Payless Shoes Joins Long List Of Brick-and-Mortar Retailers Seeking Refuge In Chapter 11 Payless Shoes Joins Long List Of Brick-and-Mortar Retailers Seeking Refuge In Chapter 11
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The Indian music streaming market is growing steadily, with rapid smartphone adoption and increasing demand for streaming from younger users. Google recently launched its music subscription service - Google Play Music Al...
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Exxon Mobil's Aggressive Approach To Beating The Commodity Slump At a time when oil and gas companies across the globe are consciously weighing their actions, Exxon Mobil appears to be taking an aggressive approach to beat the ongoing commodity trough.
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RBI tightening offers path for Asian peers to follow The RBI's move to raise the reverse repo rate is aimed at draining a flood of cash in the banking system and containing inflation without jeopardizing investment
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What Are The Odds For China's A-Shares Getting The MSCI Greenlight? Don't wait for the MSCI to give its blessing to China's stock market, Matthews Asia says.
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Realty stocks gain up to 4.5% after RBI allows banks to invest in REITs, InvITs The RBI's decision to allow banks to invest in REITs and InvITs will bring sanctity to realty stocks from a retail investors perspective, says BSE Brokers Forum spokesperson
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The maker of Corona beer and Svedka vodka neared record highs after the company beat on earnings and revenue.
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Under Trump The Future Of Fiduciary Rule Is Uncertain As DOL Delays Rule Under President Trump the future of the Department of Labor Fiduciary Rule is up in the air as the rule is delayed for 60 days. However, uncertainty remains king as the future of the rule is unknown.
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1Q Borrowing Booms Across Leveraged Loan, HY, & HG Markets; M&A, Pro Rata Underwhelm Borrowing across the credit spectrum boomed in the first quarter of 2017.
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Unilever's New Look Suggests More Deals to Come

Wall Street Journal - 6 Apr 2017 17:45
The Anglo-Dutch consumer giant will probably rationalize its legal and shareholding structure in readiness for the next big deal wave in consumer goods
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Xi Should Coach Trump On How To Avoid A Trade War Let's hope President Trump can refrain from repeating his wrongheaded ideas about trade to President Xi when they meet in Mar-a-Lago.
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Gold prices slip on global cues

livemint.com - 6 Apr 2017 16:49
Gold prices slip on global cues Standard gold prices fell by 145 per ten grams to close at Rs 28,685 from Tuesday's closing level of 28,830
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Goldman Sachs Grabs Top Spot In Q1 Equity Underwriting Market Global equity capital markets saw a jump in activity over the first quarter of 2017 after enduring a weak 2016, as companies around the globe raised almost $193 billion through IPOs and FPOs for the period - a 10% increa...
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