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Market News

Location American Market News for 22 May 2017

When Will Priceline Group Inc Stock Split in 2017?

Profit Confidential - 22 May 2017 14:00
When Will Priceline Group Inc Stock Split in 2017? Why Will Priceline Split Its Stock? Shares of Priceline Group Inc (NASDAQ:PCLN) are trading above $1,700 at the moment. And if you think that's expensive, you are not alone. Many investors are craving a Priceline stock s...
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How Suzlon Energy avoided Inox Wind's predicament

livemint.com - 22 May 2017 06:24
How Suzlon Energy avoided Inox Wind's predicament The March quarter results of Suzlon Energy and Inox Wind indicate a dichotomy that persists in India's wind power sector
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Why Donald Trump Doesn't Scare the Market

Wall Street Journal - 23 May 2017 01:23
The VIX has stayed low not because the market isn't worried, it is because the market doesn't know exactly what to worry about.
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Former MotoGP world champion Nicky Hayden has died five days after being involved in a cycling accident in Italy, according to Italy's ANSA news agency and Red Bull Honda, a sponsor of Hayden. He was 35.
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NetApp's Product Hardware Sales To Remain Subdued As Ancillary Segments Drive Growth NetApp is scheduled to report its fiscal Q4 earnings on Wednesday, May 24. Through the course of last year, NetApp has witnessed a decline in net revenues driven by low product sales.
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Hewlett-Packard Incorporated is set to announce its fiscal Q2 results on May 24. While we expect the company to report an improvement in PC revenues due to the tepid growth in PC shipments, printer hardware and supplies ...
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Why We Revised Our Price Estimate For Western Digital To $75 Given the strength in Western Digital's recent quarterly results, higher-than-anticipated cost synergies and a robust outlook for future quarters, we've revised our price estimate for Western Digital's stock to $75.
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Reports suggest that Dish is looking to use this spectrum for a wireless service, in collaboration with Amazon and T-Mobile USA. In the deal, Dish would bring the spectrum, T-Mobile would contribute to the roll-out and A...
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Consumption stocks are the most expensive as investors sniff revival in sector Five of the 10 most expensive stocks on BSE 200 are of consumer-focused firms as investors remain optimistic about domestic consumption revival
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Euro gains on Angela Merkel comments; global stock markets, oil rise Euro rises to a more than six-month high on German Chancellor Angela Merkel comments, MSCI's gauge of stocks across the globe gains 0.43%
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Another Gloomy Day for Amgen

Wall Street Journal - 22 May 2017 20:57
Nothing is going right for Amgen these days. It now says its experimental osteoporosis treatment, Evenity, is unlikely to win approval from the Food and Drug Administration this year.
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Oil rises to one-month high as Saudi Arabia sees output curbs into 2018 Oil has climbed as Saudi Arabia and non-Opec member Russia rally support for a nine-month extension to the deal to curb output by Opec and its allies
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Ford's New Boss Won't Bring Quick Fixes

Wall Street Journal - 22 May 2017 18:58
Ford's new boss comes from the future side of the business. That implies more long-term investment, not a quick profit fix for suffering shareholders.
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Ex-Dividend Reminder: Nokia, NetEase and FLIR Systems Nokia Corp will pay its annual dividend of $0.1816 on 6/14/17, NetEase, Inc will pay its quarterly dividend of $1.08 on 6/2/17, and FLIR Systems, Inc. will pay its quarterly dividend of $0.15 on 6/9/17.
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Huntsman-Clariant: A Chemical Experiment Worth Pursuing

Wall Street Journal - 22 May 2017 18:41
Huntsman and Clariant think they offer the perfect mix: a $14 billion merger of equals without overlapping businesses or rivalries but with hugely valuable cost savings.
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Sebi disposes of case against Aurobindo Pharma's promoter Sebi disposes of case against Aurobindo Pharma promoter Sumanth Kumar Reddy Mettu in an insider trading case as the firm has already fined him in the matter
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How To Trade Apple, Home Depot, McDonald's And Wal-Mart, Which Hit Post-Election Highs Is the Dow Jones Industrial Average topping out or has the benchmark simply stalled before another leg up?
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Uday Kotak sells $261 million stake in Kotak Mahindra Bank Uday Kotak sold 18 million shares or less than 1% stake in the Kotak Mahindra Bank for Rs16.87 billion, lowering his ownership of the bank to 29.79%
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Baidu Falls Behind in Race to be China's Netflix

Wall Street Journal - 22 May 2017 16:53
Baidu could miss out as Chinese tech majors try to build up their online video content.
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Gold prices recover marginally on global cues

livemint.com - 22 May 2017 16:46
Gold prices recover marginally on global cues Standard gold prices rose by Rs 5 to close at Rs 28,640 per 10 grams from last Friday's level of Rs 28,635
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FMCG stocks continue rally on GST push, jump up to 14% FMCG stocks surge after the GST Council finalised rates for bulk of the items last week
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Auto loan collections return to normalcy after demonetisation: Fitch Ratings In an Indication that stress of demonetisation is over, Fitch Ratings said vehicle loan collections returned to normal in February
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