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Market News

Location American Market News for 1 May 2017

Coach Browses the Sale Rack

Wall Street Journal - 1 May 2017 22:17
As Coach's turnaround takes shape, a buying spree might be next.
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An Awkward Embrace for AXA and AllianceBernstein

Wall Street Journal - 1 May 2017 22:50
A management shake-up at AllianceBernstein brings it closer to majority shareholder AXA, but it is unclear why.
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China Looks to Export Auto Overcapacity on Slow-Growth World

Wall Street Journal - 1 May 2017 12:28
China makes too many cars and wants to make even more. Auto makers everywhere should worry about the spillover effects.
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AMD Chips Away at the Hype

Wall Street Journal - 2 May 2017 01:54
Chip maker AMD anticipates growth for this year, but stock has run too far ahead of itself.
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Sebi plans to give up powers to regulate ponzi schemes Sebi has decided to relinquish powers to regulate collective investment schemes, or Ponzi schemes, after failing to successfully close even a single case
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Ken Griffin Argues Finance Would Become More Competive With Big Bank Breakup "My fantasy is we actually break up the big banks," billionaire Ken Griffin of Citadel, told an audience of big name investors and corporate executives at the Milken Global Institute Conference on Monday.
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Market round-up: Truck rentals retain growth momentum In other news, water reservoir levels in South India drop to 10%; Saudi Arabia may cut light crude price in June
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We have increased our price estimate for Samsung Electronics from $1,420 to about $1,810, which is roughly in line with the current market price, amid a stronger performance of the firm's semiconductor and display busine...
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The Hard vs. Soft Data Debate Rages On

Forbes - 1 May 2017 21:40
The Hard vs. Soft Data Debate Rages On Investors are downright ebullient today
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It was a long time coming but Valtteri Bottas' maiden Formula One win can be the start of something very special, according to long-time mentor and fellow Finn Mika Hakkinen.
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'Dogs Of The Dow' Chevron, Verizon And Exxon Need To Be Rescued By Investors The eight stocks designated as the "Dogs of the Dow" for 2017 have an aggregate gain of just 0.5% year to date at the end of April, underperforming the gain of 6% for the Dow Jones Industrial Average.
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Which 401(k) Power Moves Work Best

Forbes - 1 May 2017 17:17
Which 401(k) Power Moves Work Best Three powerful features dominate the best 401(k) plans and help you save more. Here's what they are.
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AAII Sentiment Survey: Optimism Rebounds But Is Still Below Historical Average Recent upward momentum in stocks may have lessened concerns among individual investors about stock prices dropping in the very short term.
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Cash holding in mutual funds schemes

livemint.com - 1 May 2017 16:14
Cash holding in mutual funds schemes Here is a list of different mutual fund schemes with their cash holding
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Aetna Stock Is All Set for an Accelerated Run to the Upside

Profit Confidential - 1 May 2017 16:00
Aetna Stock Is All Set for an Accelerated Run to the Upside AET Stock: Ready, Set, Go Aetna Inc (NYSE:AET) stock is gorgeous. Yes, this is a strange way to describe a potential investment, but in my world, such a compliment isn't difficult to justify. I have looked Aetna stock up...
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5Paisa Capital to list shares on BSE, NSE in June

livemint.com - 1 May 2017 16:00
5Paisa Capital to list shares on BSE, NSE in June 5Paisa Capital said it will increase its customer base by adding 50,000 new customers over the next 12 months after getting listed on BSE, NSE
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How to port a health insurance policy

livemint.com - 1 May 2017 15:58
How to port a health insurance policy You can port your mediclaim policy from one insurer to another. That's the good news. The bad news is, many are not able to. Let's find out how to do it
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In many situations, capital gains arising from sale of agricultural land can attract tax The exemption is available only where the land that was sold was being used for agricultural purposes in the 2 years preceding the sale
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Pension paid by the Government of India to NRIs is taxed in India Pension paid by Government of India in respect of services rendered to the Government of India is taxable only in India
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You might have to switch funds if you had invested to avail instant redemption facility Sebi took a decision in its board meeting on 26 April that only liquid funds can now offer instant redemption facility
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Earnings Preview: What To Expect From Apple On Tuesday Apple Inc. is expected to report $2.01/share on $52.61 billion in revenue. Meanwhile, the so-called Whisper number is $2.07.
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Juniper Stock Has Begun Its Climb Towards Higher Prices

Profit Confidential - 1 May 2017 15:34
Juniper Stock Has Begun Its Climb Towards Higher Prices JNPR Stock: Picture Perfect Today is a special day, and aside from the Nasdaq index venturing on to uncharted grounds as it creates new all-time highs, I have stumbled upon a number of very interesting price charts. One ...
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