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Market News

Location American Market News for 17 May 2017

Obamacare May Become Zombiecare In 2018

Forbes - 17 May 2017 18:33
Obamacare May Become Zombiecare In 2018 Bottom line: In 2018, Obamacare will still exist, but only as taxpayer-provided indigent care.
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What are India's three biggest equity mutual funds planning? We look at the three largest equity funds, how their fund managers invested so far and how are they geared for the next 3 years
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Google: The Android Everyone's Looking For

Wall Street Journal - 18 May 2017 01:19
More than two billion people now use Google's Android mobile operating system, which is remarkable considering how long it takes for the company's latest innovations to get into most of their hands. Speeding up Android's...
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How Far Can the Trump Selloff Go?

Wall Street Journal - 18 May 2017 00:36
The stock market has been banking on President Donald Trump and the Republican-led Congress delivering on tax overhaul and deregulation. What happens if trouble at the White House sends those hopes crashing?
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Market round-up: Concerns over Trump dent stocks, dollar In other news, rail freight volume expands for fourth month, office rentals jump in Navi Mumbai
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Licensing Deal With Intel Would Give Further Boost To AMD's Growth Momentum According to a recent report by Fundzilla, Intel has reached a deal to license AMD's graphics technology, though neither of the two companies have acknowledged or refuted the news.
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Facebook recently updated its Instagram app to add a new Face Filters feature, which is much like Snap's immensely popular Lenses tool. With its latest move, Facebook has effectively replicated Snap's entire experience a...
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Salesforce's performance was strong in 2016, and we expect this trend to continue when the company reports its first quarter earnings on May 18th. Its top line grew by more than 25% last year, and consensus estimates sug...
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Weibo Advertising Helps Sina Sustain Growth Momentum Sina has successfully improved operating efficiency, and its largely fixed operational costs led the company's cash operating expenses to stay flat over previous year levels.
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The Three Largest Players Have A 70% Market Share In $4 Trillion Global ETF Industry The ongoing trend of investors shifting to low-cost exchange-traded funds (ETFs) from actively-managed funds helped the global ETF industry swell to a record size of $4 trillion by the end of April 2017.
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Sobha stock sizzles on higher contracting income

livemint.com - 17 May 2017 19:37
Sobha stock sizzles on higher contracting income Realty firm Sobha Ltd's contracting business, a sure-shot revenue earner, rose 41% during the March quarter, to lift overall revenue up by 10-12% above forecasts and about 7% higher year-on-year
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Three years of Modi government: Here's how the markets have performed In the 3 years of the Narendra Modi government, stock markets have been largely on an upward march, with Sensex and Nifty currently hovering at record highs
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Tencent Faces Rising Costs to Grab Audience

Wall Street Journal - 17 May 2017 18:58
Chinese internet giant Tencent is doing a great job keeping its users glued to their smartphones, but to meet increased investor expectations, that screen time has to turn into more money.
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India Grid InvIT IPO subscribed 7% on Day 1

livemint.com - 17 May 2017 18:34
India Grid InvIT IPO subscribed 7% on Day 1 India Grid InvIT IPO received bids for 84,19,950 shares on day one, as compared to the total issue size of 12,62,78,838 shares, as per NSE's data
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Banks Can Go Higher Even Without Trump's Help

Wall Street Journal - 17 May 2017 17:46
Fundamental trends still argue in favor of owning bank shares, even if the Trump presidency disappoints.
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3 Rules For 7% Income And Market-Beating Returns In REITs Buying real estate investment trusts isn't like buying other stocks; despite their high yields and big long-term returns, REITs require a bit more attention and a bit faster action than more popular dividend-payers.
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Salvation Won't Come Cheap for Spain's Problem Bank

Wall Street Journal - 17 May 2017 17:36
There may be buyers for Banco Popular EspaƱol, but valuation will be very low.
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PSP Projects IPO subscribed 11% on Day 1

livemint.com - 17 May 2017 17:28
PSP Projects IPO subscribed 11% on Day 1 PSP Projects IPO got off to a slow start on the day one, receiving investor demand for 11% of the 10.08 million shares offer
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Gold prices rally on good buying support, global cues Standard gold prices rose by Rs 235 to finish at Rs 28,285 per 10 grams from Tuesday's closing level
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Move Over Dollar, the Euro Is in the Driver's Seat

Wall Street Journal - 17 May 2017 16:35
U.S. political turbulence and economic disappointment, combined with unrealized election fears in Europe, mean the euro could gain further against the dollar.
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This "Picks and Shovels" Stock Has 100%+ Upside

Profit Confidential - 17 May 2017 16:34
This Big Data Could Send Shares Soaring An impressive stock that I want to discuss today belongs to the semiconductor space, which has emerged as a great "picks and shovels" play. These stocks distribute to entire industries ...
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Debt private placement touches record high of Rs7 trillion in FY17: report The amount raised by 661 institutions and companies through debt market borrowing showed an increase of 43% over FY16 levels, says Prime Database
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