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Market News

Location American Market News for 11 April 2017

United's Investors Face Different Risks Than Its Passengers

Wall Street Journal - 11 Apr 2017 21:02
United Continental's flight-removal uproar isn't the main concern investors face.
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LIC doubles profit from sale of stocks in 2016-17

livemint.com - 11 Apr 2017 23:09
LIC doubles profit from sale of stocks in 2016-17 LIC booked Rs21,000 crore in profits in FY17, compared with Rs11,000 crore in FY16
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If Everyone Is So Confident, Why Aren't They Borrowing?

Wall Street Journal - 11 Apr 2017 16:01
Economists are struggling to explain a sudden slowdown in bank lending.
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Irdai's response to Mint's column 'Irdai vs global standards in consumer protection' Mint published the column titled "Irdai vs global standards in consumer protection" on 29 March 2017. Below is Irdai's response
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Philippines Needs A Leader Dressed In White

Forbes - 12 Apr 2017 00:56
Philippines Needs A Leader Dressed In White To fight corruption, Philippines need a leader dressed in white, someone who is free of corruption. Is President Rodrigo Duterte that kind of leader?
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Market round-up: Delinquencies in auto ABS may fall by June In other news, cement prices in south recover sharply in April
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Flipkart's largest funding may also be the trickiest to navigate If Flipkart manages the new funds well, and uses it to gain scale and improve unit economics, it may continue to find new investors
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A Cable IPO for the Risk-Hungry

Wall Street Journal - 11 Apr 2017 23:38
A listing of Altice USA lets investors buy into its acquire-and-turnaround cable-TV strategy.
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How Amazon Will Be Affected By Flipkart's Recent Moves The competitive e-commerce market in India just got more exciting, and it's not particularly good news for Amazon. Flipkart, India's largest e-commerce player, has raised $1.4 billion in its latest funding round and acqu...
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Best Buy Should Benefit From HHGregg's Closure HHGregg recently announced the closure of all its 220 stores by the end of May this year. The company was facing significant declines in revenues and comparable sales over the past few years, and after its restructuring ...
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RBI releases draft note on tri-party repo on govt securities, corporate bonds Tri-party repo will enable market participants to use underlying collateral more efficiently and facilitate development of the term repo market in India, says RBI draft paper
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WhyBanks Could Regain Momentum

Wall Street Journal - 11 Apr 2017 20:34
Expectations have been lowered for major banks' first-quarter earnings, but 2017 should still be good year for the sector.
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US stocks extend losses as geopolitical risks mount

livemint.com - 11 Apr 2017 20:10
US stocks extend losses as geopolitical risks mount Three major US stocks indices fall--Dow Jones Industrial Average drops 0.46%, S&P 500 down 0.68%, Nasdaq Composite down 0.93%
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D-Mart parent Avenue Supermarts is now world's most expensive retail stock D-Mart parent Avenue Supermarts shares are currently trading at 160% over the offer price, giving the retail firm a market capitalization of Rs48,500 crore
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United Airlines shares slide as social-media firestorm spreads worldwide Swift social-media condemnation of United, which extended to Washington, was sparked because the passenger wasn't being ejected for misbehaviour or a security threat
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Cannabis Payroll And Compliance Firm 'Wurk' Bags Another $2M A Colorado startup wants to help keep the legal industry rolling with one-stop shopping for businesses' compliance and payroll needs.
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Karnataka Bank shares soar 9% as ICICI Bank picks up stake Karnataka Bank stock soared 9% to end at Rs159.30 on BSE, with market valuation too going up by Rs371.91 crore to Rs4,501.91 crore
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Not all NGOs can accept donations of land or house; check before you donate It would be advisable to confirm whether the NGO's constitutional documents permits it to accept donations in the form of immovable property
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Best health plans for you

livemint.com - 11 Apr 2017 17:01
Best health plans for you We have designed Mint SecureNow Mediclaim Ratings (MSMR) to help you buy the best health insurance plan
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Lower income is the biggest cause of worry: survey

livemint.com - 11 Apr 2017 17:01
Lower income is the biggest cause of worry: survey A total of 1,100 men and women in different age categories (22-50 years) in India participated in the study
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De-jargoned: True to label funds

livemint.com - 11 Apr 2017 17:00
De-jargoned: True to label funds A cursory glance through various mutual fund schemes would reveal to you that many of them do not appear to be true to label
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Portfolio hedging is smart but it has risks and costs Some investors adopt hedging strategies to protect returns during corrections. But know that they too are not risk-free
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