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Market News

Location American Market News for 3 May 2017

The Number That Shows Volkswagen's Recovery Is Under Way

Wall Street Journal - 3 May 2017 18:35
Volkswagen's namesake brand, tarnished by fraudulent diesel emissions data and inefficient business practices, is suddenly looking almost as profitable as its peers.
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It's Springtime for Investing in Europe

Wall Street Journal - 3 May 2017 18:24
Europe, for all its political threats, is quietly outperforming. A lift to nominal growth should help further.
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When Will Google Stock Split in 2017?

Profit Confidential - 3 May 2017 18:12
When Will Google Stock Split in 2017? Will GOOG Stock Split in 2017? The older I get, the less certain I am about the future. Chaos is simply too powerful. But there are moments when the future seems obvious, like when Alphabet Inc's (NASDAQ:GOOG) share pric...
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Fitbit reported first-quarter results after the bell Wednesday.
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3 Facebook, which has benefitted immensely as consumers switched from PCs to smartphones, will have to work harder for its mobile sales gains.
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Shake Shack's Fat Valuation Isn't Healthy

Wall Street Journal - 4 May 2017 01:22
Shake Shack shares are down 5% so far this year and have fallen 26% since the closing price on the day it began trading in January 2015--among the worst performers of so-called fast-casual dining chains.
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Smoother Sailing as AIGAwaits New Captain

Wall Street Journal - 4 May 2017 01:03
American International Group's solid quarterly results should help reassure skittish investors that the company is headed in the right direction even as it searches for new leadership.
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Sebi board trying to solve issues that dampened employee morale Sebi board under chairman Ajay Tyagi aims to address issues such as appointment of executive directors and CBI and income tax probe against employees
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The stock has surged more than 34 percent in the past year, hitting an all-time intraday high of $19.03 a share on Tuesday.
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How To Survive The Next Time The Market Goes Crazy The market is calm lately, after a dip earlier this spring. The next time it tanks, what should you do? Here's a survival guide.
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BlackRock's Failure To Find The Next Warren Buffett Leaves Investors With A Hard Choice Should BlackRock's fund investors stick with a manager/robot with no track record?
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Fed Will Fight Even a Slow Economy

Wall Street Journal - 3 May 2017 23:40
The central bank is still on track to raise rates twice this year despite weak economic growth.
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Market round-up: Service providers lifted loan offtake in FY17 In other news, Coal India posts strong sales volume growth in April; purchasing costs rise for nineteenth month in April
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Q1 Was The Best First Quarter Ever For U.S. Investment Banks' Debt Origination Fees The 5 largest U.S investment banks generated $3.74 billion in debt origination fees in Q1 2017 - making it the best first quarter for these banks in history.
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Bristol-Myers Squibb's stock has inched up a little following its Q1 2017 earnings release last week, as the company reported better than expected results.
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Blackstone sells 7.55% stake in SH Kelkar for Rs334 crore Blackstone shares in SH Kelkar were sold at an average price of Rs306 apiece, valuing the transaction at Rs333.98 crore
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Drug Pricing Gets Worse, a Raid by the Feds Doesn't Help

Wall Street Journal - 3 May 2017 19:40
Price declines appear to be accelerating ahead of earnings for big drug companies.
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What Apple Can't Buy

Wall Street Journal - 3 May 2017 18:47
In the case of Apple's growing cash hoard, there is actually less than meets the eye because most of it resides offshore.
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Apple drags US stocks lower

livemint.com - 3 May 2017 18:18
Apple drags US stocks lower Apple shares dropped nearly 2% to $144.75 after the company also forecast current-quarter revenue below estimates
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Expedia Stock Has Just Broken Out

Profit Confidential - 3 May 2017 17:54
Expedia Stock Has Just Broken Out EXPE Stock: In Bullish Alignment I have been waiting for indications on the Expedia Inc (NASDAQ:EXPE) stock chart that would suggest that higher Expedia stock prices are on the horizon. I am extremely excited to report m...
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IRB InvIT Fund IPO subscribed 7% on Day 1

livemint.com - 3 May 2017 17:52
IRB InvIT Fund IPO subscribed 7% on Day 1 IRB InvIT Fund IPO, which has a price band of Rs100-102, received bids for 1,72,75,000 shares against the total issue size of 25,09,90,397 shares
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Gold prices fall by Rs 80 on global cues

livemint.com - 3 May 2017 17:12
Gold prices fall by Rs 80 on global cues Standard gold prices fell by Rs 80 to end at Rs 28,570 per 10 grams
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