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Market News

Location American Market News for 17 April 2017
Wall Street is betting Netflix will blow by subscriber estimates, just as it did in the fourth quarter.
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The airline operator has been at the center of a scandal that took place after the quarter ended.
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Netflix had some choice words for Amazon's strategy in its first quarter earnings release.
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Elliott Wins an Early Round Against Arconic

Wall Street Journal - 17 Apr 2017 22:46
The departure of Arconic's CEO won't end the bitter feud with Elliott Management.
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The 5 Biggest Reasons To Invest In India Now After in a dismal fourth quarter, India's stock market enjoyed a reversal of fortune this year. The largest India ETF by assets, iShares MSCI India ETF, returned an eye-popping 17% this year, through April 16, as the sto...
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T-Mobile U.S. emerged the biggest winner of the FCC's 600 MHz incentive auction that shifted airwaves from TV broadcasters to the cellular industry, agreeing to pay close to $8 billion for about 45% of the spectrum sold ...
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Even After Strong Q1 Earnings, Citigroup Looks Undervalued Citigroup reported an extremely strong start to the year late last week, as the geographically diversified banking giant made the most of resurgent debt trading activity worldwide to report earnings that were well above ...
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The Risk of Rising Consumer Borrowing

Wall Street Journal - 17 Apr 2017 20:27
A rise in various forms of consumer debt will pose issues for banks eventually.
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Beware Of The Market's 'Pump And Dump' On Turkey Post-Referendum Ashmore Group chief researcher tells investors to sell the news.
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We can be forgiven, especially this time of year, for questioning a decision our predecessors made just over a century ago. In the 1910s, Americans decided to make personal and corporate income taxes a permanent feature ...
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Jason Brady: I think the most important thing about the Thornburg Strategic Income Fund (NASDAQ: TSIAX) is to understand why we started it in 2007 and what we are trying to accomplish, both for our retail and institution...
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Is The Market At Its Top? Is It Time To Bail? There are a lot of signs that the stock market has reached a top. What should a smart investor do to prepare for the harrowing downturn?
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Standard Chartered PE sells 1.41% stake in Fortis for Rs139 crore Standard Chartered Private Equity (Mauritius) III sold a total of 73,04,455 shares, amounting to 1.41% stake, of Fortis Healthcare
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Gold prices surge Rs280 on firm global cues

livemint.com - 17 Apr 2017 16:46
Gold prices surge Rs280 on firm global cues Standard gold prices gained by Rs280 to end at Rs 29,425 per 10 grams as against Thursday's closing level
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How To Trade Goldman Sachs, IBM And Two Others That Report Earnings This Week The Dow ended last week with a negative weekly chart despite better than expected earnings from JPMorgan. Here's how to buy and sell four stocks that report report first quarter earnings this week.
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DCB Bank shares fall nearly 4% post Q4 results

livemint.com - 17 Apr 2017 16:12
DCB Bank shares fall nearly 4% post Q4 results DCB Bank shares fell by 3.56% to end at Rs 173.25 on BSE after it reported 24.3% fall in the net profit in the fourth quarter results
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What a car loan costs you

livemint.com - 17 Apr 2017 15:37
What a car loan costs you Car loans interest rates offered by different banks
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What is the net asset value of a unit of a mutual fund scheme A mutual fund scheme with a specified value divided among all the issued units results in the NAV
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Loss from house property can now be set off for eight subsequent financial years As per the recent amendments effective from the FY2017-18, the house property loss incurred in a financial year has been capped at Rs2 lakh
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NRIs can remit up to $1 million from the sale of property in India NRIs are allowed to remit up to $1 million from the sale proceeds of property in India from their NRO account
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Too many life insurance policies are being dropped prematurely Five years after life insurance policies are sold, two-thirds of them are lapsed by the buyers. Everybody loses because of this--the industry as well as the customers
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PSU stake sale: Government scouts for merchant bankers The government is looking to sell stake in bluechip companies like Indian Oil Corporation Steel Authority of India Ltd and NTPC
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