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Market News

Location American Market News for 19 May 2017

VR Headsets Get Stuck on Shelves

Wall Street Journal - 19 May 2017 22:38
Virtual reality was supposed to be the next big thing, but headsets haven't exactly been flying off the shelves. The question is, why?
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Recent Inflation Data Shows Signs of Weakness The latest CPI report gives us more clues into our economy and it will be interesting to see if the Fed references the report ahead of their June 13-14 meeting.
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U.S. vs Europe: The Political Risk Reverses in Markets

Wall Street Journal - 19 May 2017 17:57
U.S. political turmoil, set against relative eurozone calm, is steadily narrowing the gap between U.S. and German bond yields.
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Salesforce's Impressive Growth Continues

Forbes - 19 May 2017 23:09
Salesforce continues to see strong growth across product categories, which showed in its recent earnings.
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BlackBerry has had an interesting couple of weeks, following its surprise $815 million arbitration award from Qualcomm in mid-April.
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A Closer Look At The Largest Credit Card Issuers In The U.S. The ten largest card issuers in the U.S. accounted for almost 88% of total outstanding card balances in the country at the end of Q1 2017 - highlighting the extremely consolidated nature of the card industry in the U.S.
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FDI inflows rose 9% to record $43.5 billion in fiscal year 2016-17 Mauritius remained India's top source of FDI equity inflows at $15.7 billion, followed by Singapore at $8.7 billion during 2016-17
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The Secret Sauce To Wealth Creation

Forbes - 19 May 2017 22:35
The Secret Sauce To Wealth Creation Having these two things can lead to success for for both individuals and societies.
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Better Late Than Never for Oil-Service Providers

Wall Street Journal - 19 May 2017 22:18
Analysts and investors got ahead of themselves when translating a drilling boom to oil-field-services companies' profits, but the bonanza is merely delayed, with executives are sounding more bullish, especially when it c...
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Do SBI's fourth quarter results indicate a turnaround in economy? State Bank of India's (SBI) fourth quarter results resembled an oasis in a banking system ravaged by rising bad loans and deteriorating profitability
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Don't Count on the Fed If the Market Tumbles

Wall Street Journal - 19 May 2017 20:04
A healthy economy and high stock valuations mean the central bank won't be quick to step in to calm volatile markets.
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Why The 200-Day Moving Average Is A Good Worry Signal As market volatility continues, Commonwealth's Brad McMillan says we're nowhere close to the worry zone.
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Gemfields Gets Unsolicited Takeover Bid From Its Biggest Shareholder Pallinghurst Resources is offering approximately $150 million in its shares for the remaining stake in Gemfields, a London-based colored gemstone mining and marketing company.
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T-Mobile (NASDAQ:TMUS) CEO John Legere has been a crusader against hidden fees, sneaky charges, and non-optional line items that appear on wireless bills.
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A graduation gift you can give a loved for a lifetime of wealth.
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Silver Wheaton's Name Change Reflects Opportunities In Both Gold And Silver Silver Wheaton began trading under its new name, Wheaton Precious Metals, on the New York Stock Exchange earlier this week. The new name reflects the transformation of Silver Wheaton from a largely silver-focused streami...
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The 'godfather' of Formula E

CNN - 19 May 2017 17:17
Jean Todt, who recently announced his intention to seek a third term as President of the FIA, talks about the evolution of Formula E since its creation.
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Do China's Iron-Ore Futures Mean Anything?

Wall Street Journal - 19 May 2017 16:57
In recent weeks, global investors have been fixated on the extreme gyrations in China's commodity markets, especially iron ore. That attention would be better invested elsewhere--at least for iron futures traded on the u...
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Brazil Should Jolt Investors Out of Emerging-Market Complacency

Wall Street Journal - 19 May 2017 16:56
The country's latest political scandal should serve as a warning after a rush into emerging-market bonds the past year.
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What Delinquent Auto Loans Say About Loose Lending

Wall Street Journal - 19 May 2017 16:53
Auto loans are getting worse, and while the delinquency rate remains low, the increase is surprising given the strong employment picture.
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SBI shares rise nearly 2% on Q4 results

livemint.com - 19 May 2017 16:39
SBI shares rise nearly 2% on Q4 results SBI shares rose by nearly 2% after its fourth quarter net profit more than doubled to Rs 2,814.82 crore
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BSE includes Kotak Mahindra Bank, Tata Motors DVR in Sensex Kotak Mahindra Bank and Tata Motors DVR (Differential Voting Right Share) will be included in the BSE's benchmark Sensex from 19 June
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