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Market News

Location American Market News for 11 May 2017
Markets live: Sensex, Nifty extend gains, Bharti Airtel down, Hero MotoCorp rises BSE Sensex trades higher by 103.70 points, or 0.34%, to 30,351.87, while the Nifty 50 rises 39.65 points, or 0.42%, to 9,446.95. Here are the latest updates from the markets
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BHP Finds Staying Together Is Hard to Do

Wall Street Journal - 11 May 2017 13:29
Voices calling for BHP to get partly--or wholly--out of the oil business have gotten louder in recent weeks. Oil exposure delivers some advantages, but a tighter focus on core iron-ore and copper assets could pay dividen...
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Brookfield's Bruce Flatt Takes A Contrarian View On The Death Of The Mall Brookfield's Bruce Flatt spots opportunity amid talk of another great American mall die-off. The death of real estate is greatly exaggerated, he says.
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Nordstrom reported better-than-expected earnings on Thursday.
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Friday's retail-sales report will likely show consumer spending rebounded swiftly in April following yet another difficult start to the year.
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Why Index Funds Are Almost Always Better Than A Multi-Manager Fund The Mutual Fund Observer reports that 40 mutual funds changed their management teams in April. Mutual fund companies largely expect shareholders to accept these changes without asking questions, and most of the time that...
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If Benjamin Graham Were Alive, What If you applied Benjamin Graham-style methods to today's stock market, you might be surprised.
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Billionaire Seth Klarman Sells Innoviva Days After Activist Stakeholder Defeat Activist fails to get nominees voted to board of Glasko-linked company
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Market round-up: US bond volatility lowest since August 2014 In other news, April records highest PE/VC monthly exits; cybersecurity threats may hurt fintech in India
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With Fiscal 2018 Off To Strong Start, Nvidia Sees More Room For Growth In the last few years, Nvidia has managed to diversify its business, creating new markets for its GPUs. While the company continues to derive a significant portion of its revenue from PCs, it has managed to carve out sol...
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Snap Investors May Start Looking Beyond User Growth Snap published its first set of quarterly earnings as a public listed company on Wednesday, missing market expectations on revenues, earnings and the crucial daily active growth metric. The stock plunged by close to 23% ...
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How John Archer Turned His Performance Around After a disappointing performance in 2016, John Archer reevaluated every stock in his TAB portfolio to make sure he had his capital in his best ideas. The happy result is that he has bounced back with a market-beating pe...
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Investors Are Losing Patience With Teva

Wall Street Journal - 11 May 2017 20:42
Teva Pharmaceuticals Industries has gone one quarter too many without taking the drastic action needed to reverse its decline. It risks losing investor confidence, which is a bad thing for a heavily indebted company.
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Debt funds instead of fixed deposits?

livemint.com - 11 May 2017 19:50
Debt funds instead of fixed deposits? Experts tell you why you should consider debt funds in your financial portfolio instead of FDs
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8 biggest investment mistakes: planner survey

livemint.com - 11 May 2017 19:50
8 biggest investment mistakes: planner survey Here are eight of the most common mistakes that investors make, according to financial planners. Time to take corrective action
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Retail-mageddon: Macy's Ugly Earnings Drag Down Entire Sector Retail might not be dead, but the sector's market performance Thursday morning doesn't do much for the bull case. Shares of Macy's, Kohl's, Nordstrom, J.C. Penney and Sears are all in sharply negative territory Thursday ...
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US Federal Reserve will gradually increase interest rates: William Dudley US Fed will gradually increase rates if the economy continues to grow in line with expectations, says Federal Reserve Bank of New York CEO William Dudley
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AIG Gets a CEO Who Can Stand Up to Icahn

Wall Street Journal - 11 May 2017 19:35
American International Group is poised to choose a strong hand to restore confidence in the insurance giant. AIG plans to name industry veteran Brian Duperreault as chief executive, The Wall Street Journal has reported.
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At one point, Macy's shares huge drop took the stock below $26 for the first time more in than 5½ years.
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Snap Fails First Test as Public Company

Wall Street Journal - 11 May 2017 17:48
Snap's first quarter of results as a public company shows competition from Facebook is taking its toll on user and revenue growth.
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How To Secure An 8% Rising Yield

Forbes - 11 May 2017 17:44
How To Secure An 8% Rising Yield When a stock trades sideways with an ever-rising dividend, its current yield rolls higher quickly.
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Kohl's posts a 14 percent jump in adjusted quarterly profit, fueled by higher traffic in stores in March and April.
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