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Market News

Location American Market News for 15 May 2017

Aerie Bucking The Store Closure Trend

Forbes - 15 May 2017 16:52
Declining mall traffic and low prices offered by fast fashion retailers have been crushing apparel retailers. One notable exception has been American Eagle's Aerie brand.
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Nirmal Kotecha, friend used 15 fronts to manipulate share prices of Pyramid Saimira Theatre: Sebi Pyramid Saimira Theatre founder Nirmal Kotecha and his friend Dharmesh Shah made unfair windfall gains by manipulating the share prices, says Sebi
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Cybersecurity Stocks Often Make Investors Wanna Cry

Wall Street Journal - 15 May 2017 23:46
High-profile attacks boost interest, but security already a top priority among corporate leaders.
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EPFO looks to invest Rs18,000 crore in stocks

livemint.com - 15 May 2017 22:23
EPFO looks to invest Rs18,000 crore in stocks EPFO's decision to further stock market investments is likely to spur the ongoing bull rally, even as some analysts advice caution
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Online Sales To Boost Revenue For Urban Outfitters Urban Outfitters is scheduled to report its Q1 earnings on May 16, with the expectation for slight growth in revenue and a drop in EPS. Increased penetration of the direct-to-consumer channel, as well as higher promotion...
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Here's How Netflix Is Looking To Drive Growth In India As growth in the domestic market stagnates, Netflix's international segment is crucial for the company's long term growth. According to our estimates, by the end of our forecast period, the international streaming segmen...
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As the restaurant industry struggles to grow revenues amidst a challenging environment, brand differentiation is likely to be the key factor to drive revenues in the future. Digital platforms may help quick service resta...
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RBI not to cut rates in next monetary policy despite fall in retail inflation: economists RBI is likely to adopt a cautious stance because of concerns that inflation may quicken on rise in oil prices and implementation of the 6th Pay Panel recommendation, say economists
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Fear Not the Fear of Complacency in Markets

Wall Street Journal - 15 May 2017 20:18
High stock prices and low volatility have created a fear of complacency. That fear in itself is a healthy one, however.
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US stocks rise as oil prices jump; S&P 500, Nasdaq Composite hit record highs Dow Jones Industrial Average rises 0.43%, S&P 500 up 0.52%, Nasdaq Composite adds 0.50%; oil hits its highest in more than three weeks
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Oil prices rise above $52 as Saudi Arabia and Russia back longer supply cut Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC-led deal to support prices for longer than first agreed
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Sebi fines 8 entities for disclosure lapses in IPO documents Sebi has penalised Rushil Decor, Corporate Strategic Allianz and six others for disclosure lapses in their IPO documents
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Companies must disclose securities deals above Rs10 lakh by 31 May: Govt A company issuing shares, bonds or debentures aggregating to Rs10 lakh or more in a financial year to any person will have to make the disclosure online to the income tax department on or before 31 May 2017
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Ex-Dividend Reminder: Healthcare Services Group, Visa and United Technologies Healthcare Services Group, Inc. will pay its quarterly dividend of $0.1875 on 6/23/17, Visa Inc will pay its quarterly dividend of $0.165 on 6/6/17, and United Technologies Corp will pay its quarterly dividend of $0.66 o...
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Billionaire's Offer for Christian Dior Needs a New Look

Wall Street Journal - 15 May 2017 18:01
Luxury tycoon Bernard Arnault wants to simplify his holdings of Dior and LVMH. But his proposal is looking shabby.
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Electric dawn at the Nürburgring

CNN - 15 May 2017 17:47
An electric supercar has completed a lap of the legendary Nürburgring in six minutes 45.90 seconds, shaving off 2.1 seconds from the previous best time by a road-legal vehicle -- set by the Radical SR8LM in 2009.
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3 Best Technology Stocks from Peter Thiel Investments

Profit Confidential - 15 May 2017 17:45
3 Best Technology Stocks from Peter Thiel Investments Three Great Lessons from Peter Thiel Portfolio Rookie investors have traditionally looked up to veterans for investment advice. But where do they go when the veterans get it wrong? (I'm looking at you Mr. Buffett!) Well,...
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Gold prices slip on low demand

livemint.com - 15 May 2017 17:22
Gold prices slip on low demand Standard gold prices slipped by Rs 20 to conclude at Rs 28,035 per 10 grams from last Friday's closing level of Rs 28,055
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RBI unlikely to cut key rates despite drop in retail inflation: report RBI is unlikely to lower the key rates despite the dramatic fall in retail inflation to under 3% in April, says HSBC report
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Ctrip's Q1 2017 earnings revealed that the company is making progress in leaps and bounds in its desired market segments. Ctrip is the undisputed OTA leader in China, and it is looking to improve its presence in lower ti...
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Dunkin' Brands had a relatively disappointing Q1, with lower than expected revenues and flat comparable sales for its Dunkin' Donuts U.S. segment. In order to gain a competitive edge, Dunkin' Brands is working on faster ...
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Earnings Preview: What To Expect From Home Depot On Tuesday Home Depot is expected to earn $1.61/share on $23.67 billion in revenue. Meanwhile, the so-called Whisper number is $1.64.
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