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Market News

Location American Market News for 24 May 2017

Fannie and Freddie Endgame Takes Shape

Wall Street Journal - 24 May 2017 13:30
A consensus is starting to emerge between lawmakers and the Trump administration on how to reform the U.S. housing finance market.
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Glencore's Bunge Jump Only Makes One-Sided Sense

Wall Street Journal - 24 May 2017 12:35
Moving into U.S. agriculture while grain prices--and shares--are depressed might be a good move for Glencore. But unless the firm offers a nice premium, Bunge might be better off waiting.
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What You Still Don't Know About Health Law Can Hurt You

Wall Street Journal - 25 May 2017 01:12
Uncertainty for Obamacare replacement doesn't mean smooth sailing for stocks.
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What To Expect From The OPEC Meeting

Forbes - 24 May 2017 23:21
What To Expect From The OPEC Meeting How will this week's OPEC meeting in Vienna impact oil prices, gasoline prices and global economies?
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Bank of America Still Lags U.S. Banking Peers In Terms Of Core Capital Ratio A jump in investment banking profits had a positive impact on capital ratio figures for the largest U.S. banks in Q1 - helping them increase their capital buffers above the fully phased-in levels they need to achieve by ...
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US Fed ties rate hike to rebound in economy, sees balance sheet cuts in 2017 US Federal Reserve agrees should hold off on interest rate hikes until it sees evidence that a recent economic slowdown was transitory, minutes from its policy meeting showed
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Wynn Palace Could Generate Up To $4 Billion In Revenue By 2020 Wynn Palace was opened in the aftermath of casino industry trouble in Macau, which started in late 2014. Since the opening of Wynn Palace, Wynn's overall revenues and profits have grown momentously, as it was further hel...
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HSBC Reports The Best Core Capital Ratio Among European Banking Giants Improving market conditions in Europe, coupled with ongoing efforts by the largest European banks to streamline their business models, have helped these banks consolidate their core common equity tier 1 (CET1) ratio figu...
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Market round-up: Global crude steel output up by 5%, China's by 4.9% In other news, Opec wants to carry on pumping less, earning more; 10GW solar projects may face GST heat
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Why Facebook Will Maintain Its ARPU Advantage Over Snapchat In this note we take a look at some of the key performance metrics for both Facebook and Snap, and discuss whether Snap will be able to truly challenge Facebook in the market.
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Why Amazon Is Expanding Its Live TV Service To The UK Recently, Amazon announced the launch of Amazon Channels in the UK and Germany, allowing its Prime Members to add channel subscriptions for a low monthly subscription fee. These channels will be available individually, e...
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Alonso: 'I have to adapt' to IndyCar

CNN - 24 May 2017 19:36
McLaren F1 driver Fernando Alonso tells CNN he has had to quickly adapt to IndyCar driving ahead of the Indy 500.
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Demographics Will Be The Biggest Driver Of Financial Markets Going Forward Demographics are destiny, and unfortunately for Western economics, destiny isn't on their side.
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When Will AMZN Stock Split in 2018?

Profit Confidential - 24 May 2017 19:23
When Will AMZN Stock Split in 2018? Will AMZN Stock Split in 2018? Amazon.com, Inc. (NASDAQ:AMZN) has one of the highest stock prices in the entire tech industry. Coming in at well over $900.00 per share, the price can often be daunting for smaller investo...
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Southeast Asia's biggest start-up Sea said to file for $1 billion IPO Sea has filed confidentially for a potential US initial public offering that could raise about $1 billion; the deal that would be the largest technology IPO out of Southeast Asia
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Shari'ah-Compliant Crypto Gold: Could Islam Be Preparing for a New World Reserve Currency? It is not all that far-fetched to think that OneGram, or another gold-backed crypto currency like it, could be a stealthy way to introduce a new global gold standard.
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How Trump-GOP Budget Will Wreck Your Wallet

Forbes - 24 May 2017 17:16
How Trump-GOP Budget Will Wreck Your Wallet The Trump budget is an epic train wreck for most Americans. Here's why it will hurt most people.
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Bitcoin executives say digital currency rotation driving surge Bitcoin's surge is being driven partially by enthusiasts rotating out of riskier digital assets and into the more established cryptocurrency, say industry executives
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A Simple Way To Find Trending Markets

Forbes - 24 May 2017 17:03
A Simple Way To Find Trending Markets The rebound from the lows last Wednesday and early Thursday have once again reinforced the merits of being as objective and non-emotional as possible. In today's column I want to show you how they can often be used to id...
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RInfra InvIT Fund gets Sebi nod for Rs2,500 crore IPO RInfra InvIT Fund IPO offer comprises units aggregating to Rs2,500 crore with an option to retain over subscription of up to 25% of the issue size in accordance with the InvIT Regulations
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Gold prices slip by Rs 185 on low demand

livemint.com - 24 May 2017 16:46
Gold prices slip by Rs 185 on low demand Standard gold prices declined by Rs185 to end at Rs28,680 per 10 grams from Tuesday's closing level of Rs 28,865
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ESPN's Profits Can Still Grow, But Cord-Cutting Is A Real Threat As the crown jewel in Disney's entertainment business, ESPN is responsible for almost 30% of Disney's value - indicating an estimated standalone value of about $50 billion. This would explain why the rapid decline in ESP...
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