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Market News

Location American Market News for 10 April 2017

Amazon at $1,000, Wall Street's Not-So-Bold Call

Wall Street Journal - 10 Apr 2017 18:39
Ten analysts now predict Amazon's shares will eclipse the $1,000 mark in the next year, and 13 others have price targets within 5% of that goal.
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Advertising's Biggest Threat Isn't Digital Disruption

Wall Street Journal - 10 Apr 2017 17:47
Fears that Silicon Valley will "disintermediate" ad agencies are currently looking somewhat overblown. For now, investors should worry more about the impact of the New York finance industry.
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Nothing to Fear, But the Lack of Fear in Markets

Wall Street Journal - 10 Apr 2017 08:39
Investors have taken recent geopolitical events in stride, but that won't last forever.
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Govt planning tougher norms for commodities spot market The commodities spot market may also be integrated with the derivatives market to improve regulatory control
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Net inflows into mutual funds in FY17 highest in at least 11 years Net inflows in FY17 rose 155.66% from a year before to Rs3.43 trillion, the highest since at least 2005-06 when the equity market was gaining traction, AMFI data showed
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Comcast recently announced the launch of its wireless service called "Xfinity Mobile" which will leverage Verizon's wireless network and will be available to Comcast's home internet customers.
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Workplace Standard Should Help Facebook Compete With Slack And Microsoft Teams Facebook launched its enterprise social network for businesses, Facebook Workplace, in October last year, and is going to launch a free version of this product to attract small businesses onto its platform.
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Big Returns In Hassle-Free Returns

Forbes - 10 Apr 2017 21:33
Consumer demand is driving innovative solutions from upstarts like Newgistics, Inmar, and others.
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BHP Needs to Prove Oil and Iron Are Better Together

Wall Street Journal - 10 Apr 2017 21:13
BHP shares have lagged behind mining peers like Rio Tinto since the height of the commodities boom in 2011, despite a more diversified product portfolio. Hedge fund Elliott's plan to change that appears somewhat optimist...
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Episode six: Mexico's electric standoff

CNN - 10 Apr 2017 20:05
Supercharged travels to Mexico City for round four of the Formula E season.
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The $400 Million Man

Wall Street Journal - 10 Apr 2017 19:40
Is a new CEO really worth $400 million? That is what investors in Axovant Sciences are saying.
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With Sales Abuses Dating Back To 2002, Wells Fargo Board Claws Back $75 Million More From Executives Responsible Wells Fargo released its internal investigation into the improper sales practices that led to the creation of millions of unauthorized bank and credit card accounts. Bad behavior dates back to 2002, and as a result, the ...
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While The Dow Dithered, Apple, Disney And Three More Dow Components Surged The five components of the Dow Jones Industrial Average that set post-election highs last week are Apple, Disney, McDonalds, Microsoft and Wal-Mart. As a basket of stocks, this portfolio has a gain of 9.9% year to date v...
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Knight, Swift Transportation Merge To Create $5 Billion Trucking Giant Investors are cheering the deal.
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The 3 Best Strategies To Survive A Financial Crisis In Your Home Country If you live and work in the US, bank in the US, invest with a US brokerage, and hold your savings in US dollars--your eggs could use some diversification.
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What's Good For GM Is Deemed Good For Your Portfolio Discussions on how to boost GM shares are positive for giant auto maker
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Divis stock jumps 6% on USFDA import alert relief

livemint.com - 10 Apr 2017 17:01
Divis stock jumps 6% on USFDA import alert relief The Divis stock went up by 5.57% to end at Rs657.15 on BSE, while on NSE, shares of the company soared 5.79% to close at Rs658.10
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Business to consumer will remain one of the fastest-growing segments Shah on how demonetisation impacted the fund house, Jio's disruptive entry into telecom space, his future strategy, and more
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What a home loan costs you

livemint.com - 10 Apr 2017 16:07
What a home loan costs you Weigh your options well before opting for a home loan
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Agricultural land situated in specified areas is not considered a capital asset In case of inheritance, the holding period of land is taken from the acquisition date by the owner who actually acquired it
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A real estate lesson from the Unitech case

livemint.com - 10 Apr 2017 16:00
A real estate lesson from the Unitech case The recent arrest of Unitech promoters was the result of homebuyers coming together and fighting the case tooth and nail. Here's what you can learn from them
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LTCG is taxable if it is used to buy a house outside India The exemption is available only if the residential house is purchased and constructed in India
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