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Market News

Location American Market News for 5 May 2017

TSLA Stock: Will There Be a Tesla Stock Split in 2017?

Profit Confidential - 5 May 2017 17:25
TSLA Stock: Will There Be a Tesla Stock Split in 2017? Should Tesla Stock Split in 2017? Tesla stock bears are living a nightmare. Every morning they wake up to see Tesla Inc (NASDAQ:TSLA) stock crossing a new price milestone. It's a joyride many of us yearn to take now, but...
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How GM Might Unlock a Tesla-Like Valuation

Wall Street Journal - 5 May 2017 14:47
An idea to separate GM's future-technology projects from its core production business would help meet investor demand for car-tech plays
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Screws Tighten on Risky Chinese Insurance

Wall Street Journal - 5 May 2017 07:19
In China, lucrative bets are usually followed by a regulatory clampdown. So it was only a matter of time before China's acquisitive and unlisted life insurers started feeling the pain.
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Activision Continues To See Solid Growth

Forbes - 5 May 2017 21:44
Activision Continues To See Solid Growth Gaming giant Activision Blizzard carried the momentum of a stellar 2016 into the first quarter and posted better than expected results on May 4.
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LendingClub: Where's the Growth?

Wall Street Journal - 5 May 2017 20:59
The online lender isn't immune to broader problems in consumer credit.
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A Secular Turning Point: The End Of The Great U.S. Cycle U.S. assets just experienced a secular period of outperformance: the tide has now turned in favor of Europe and Emerging Markets.
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How To Buy Top Blue Chips For 16% Off

Forbes - 5 May 2017 20:12
How To Buy Top Blue Chips For 16% Off I'm going to show you why the pundits have this market rally all wrong--and how a group of little-known investments called closed-end funds (CEFs) are the best way to cash in as stocks head higher from here.
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Tight Jobs Market Equals Higher Pay, Lower Profits

Wall Street Journal - 5 May 2017 19:54
The job market's move from tightening to tight could mark a change for investors used to being the winners in the long-running battle between capital and labor.
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Why Robo-Advisors Don't Worry Me

Forbes - 5 May 2017 19:36
Why Robo-Advisors Don't Worry Me In a market ripe with uncertainty, would you prefer a login and password or a person that intimately knows your financial history?
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Reliance Infrastructure files fresh InvIT IPO papers, lowers target to Rs2,500 crore Reliance Infrastructure's InvIT IPO comprises units aggregating to Rs2,500 crore with an option to retain over subscription of up to 25% of the issue size
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IRB InvIT IPO fully subscribed on final day

livemint.com - 5 May 2017 18:51
IRB InvIT IPO fully subscribed on final day IRB InvIT Fund IPO received bids for 490 million shares versus the 251 million shares offered, helping raise Rs5,040 crore
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Adam Abelson: Stralem & Company is a boutique money manager. We opened our doors in 1967 -- so we are currently celebrating our 50th year in business! With $980 million under management, our flagship product is the U.S. ...
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Thirty-year India bond veteran expects RBI rate cut

livemint.com - 5 May 2017 18:29
Thirty-year India bond veteran expects RBI rate cut Bank of America Merrill Lynch MD Jayesh Mehta says the RBI will cut its policy rate by 25-basis points this year
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Underperforming Amid Favorable Business Conditions: The Curious Case Of U.S. Steel U.S. Steel dismayed investors with an underwhelming Q1 earnings release last week. The company reported an unexpectedly steep decline in shipments for its U.S. Flat-rolled steelmaking operations, which account for around...
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Costco: Fiscal 2017 First Half In Review

Forbes - 5 May 2017 16:36
Costco: Fiscal 2017 First Half In Review Costco has had a relatively disappointing first half of fiscal 2017 (fiscal year ends August 2017) so far, with the company missing earnings per share and revenue estimates in both quarters.
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The day I wished I had bought more bits

livemint.com - 5 May 2017 15:53
The day I wished I had bought more bits The value of a bitcoin has breached the Rs 1 lakh mark, making me wish I had bought more bits--or fragments of a bitcoin that one can buy and sell
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Tata Motors shares fall 4% on Jaguar Land Rover sales drop Tata Motors shares dipped as much as 4.22% to Rs 418.05. The stock was the top loser among the BSE 30-share components
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HCC shares fall 8% on poor Q4 results

livemint.com - 5 May 2017 15:04
HCC shares fall 8% on poor Q4 results HCC shares tanked 7.97% to end at Rs 42.75 on the BSE
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3 Charts Show Facebook Stock Could Be the Best Tech Stock in 2017 Facebook Stock Is Poised for Triple-Digit Gains Figuratively speaking, the phrase "recession-proof" has sedative properties. Add it next to the major money matters of your life (job or investments) and you may sleep soun...
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Varun Beverages shares rally as much as 5% after new Pepsi units starts operations Shares of PepsiCo's India franchisee Varun Beverages climbed 23.16% in 3 months, jumping 27.21% in 2017
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Govt set to dominate IPO fund-raising this fiscal

livemint.com - 5 May 2017 13:45
Govt set to dominate IPO fund-raising this fiscal Early estimates suggest the government could raise as much as Rs18,000 crore this fiscal through IPOs
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Gold prices extend losses on global cues, muted demand In Delhi , gold prices of 99.9% and 99.5% purity drifted lower by Rs30 each to Rs28,850 and Rs28,700 per 10 grams, respectively
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