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Market News

Location American Market News for 5 June 2017
Prostate Cancer Drug About To Confront Insurers With Sovaldi-Size Problem Abiraterone shows dramatic effects on survival in patients with metastatic prostate cancer. Can we afford it? Who is going to pay?
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Alphabet's Stock Tops $1,000 To Hit Record High Google founders Larry Page and Sergey Brin each added roughly $360 million to their fortunes.
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Cash Flow And Profits Make Knoll An Attractive Stock Despite improving profits, margins, and ROIC, the market recently punished this stock for "missing expectations." Add in improving market conditions and prudent cost management to this backdrop of lowered expectations, a...
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Chinese Banks Face Up to Funding Squeeze

Wall Street Journal - 5 Jun 2017 09:10
Household deposits, long the foundation of China's economy, are now fleeing the country's banking system.
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Markets likely to consolidate, RBI policy to keep traders busy Apart from RBI policy, the market will also watch the progress of monsoon and movement on the implementation of goods and services tax (GST)
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Marriott CEO On Plans For Sheraton Hotels, SPG Members & Why 30 Brands Are Not Enough Arne Sorenson says a single loyalty program is on the way, and why the travel ban is bad for business.
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Apple's HomePod Cranks Up the Price

Wall Street Journal - 6 Jun 2017 01:11
Apple has arguably perfected the art of the up-sell. That is good, as its new home speaker offering, called the HomePod, will test that ability.
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Nasdaq 10,000. Disruption. Disintermediation. Innovation. Technology Are we ready to concede the fact that the Nasdaq will hit 10,000 in the very near future? Probably within the next couple years. The companies driving technological change today have the very best revenue growth and the ...
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Ocado Shares Fly On First International 'Retail Deal' Involving Smart Platform Tech With retailer Ocado's shares hitting a day high of £3.40 in London today as news surfaced that the UK operator had struck its first international deal involving its Ocado Smart Platform with an unidentified European ret...
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With President Trump announcing that the U.S. is withdrawing from the Paris Climate Agreement, the administration seems to be following through on campaign promises to create favorable business conditions for American in...
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Shares of Google parent Alphabet follow in Amazon's footsteps, top $1,000 Shares of Google parent Alphabet Inc. passed $1,000 six days after Amazon.com Inc. crossed the same threshold
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Broadcom Still Cheap Given Rapidly Rising Wall Street Earnings Estimates Despite the pop in Broadcom shares, opportunity is still knocking.
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How Funds Are Beating This Market

Wall Street Journal - 5 Jun 2017 20:48
Active fund managers are beating the market for the first time in years. But the way they are getting the gains doesn't inspire confidence that their winning streak will go on for much longer.
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Ray Dalio, Billionaire Head Of World's Largest Hedge Fund, Slams Trump Over Paris Accord Exit With CEOs from Apple to Disney criticizing Trump's Paris Accord exit, billionaire Ray Dalio sees a presidency at risk with negative consequences for the majority of Americans.
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How To Trade 'Dogs Of The Dow' Chevron, IBM, Verizon And Exxon In Correction Territory Here's a look at how the eight 'dogs of the Dow' are doing so far this year and how you should trade them now.
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Birla Sun Life Mutual Fund bets on RBI overestimating inflation threat Birla Sun Life Mutual Fund stacks up longer-dated government bond holdings in a bold, contrarian bet that RBI is wrong to expect an acceleration in inflation
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Ex-Dividend Reminder: Kimberly-Clark, Flowers Foods and Coach Kimberly-Clark Corp. will pay its quarterly dividend of $0.97 on 7/5/17, Flowers Foods, Inc. will pay its quarterly dividend of $0.17 on 6/23/17, and Coach Inc will pay its quarterly dividend of $0.3375 on 7/5/17.
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How to Invest in the Hidden Value of Big Trucks

Wall Street Journal - 5 Jun 2017 18:34
The car market is in the doldrums but trucks are the place to be. That should increase the pressure on Freightliner-owner Daimler and MAN-owner Volkswagen to unlock the value in their sizeable trucking units.
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AAII Asset Allocation Survey: Fixed-Income Falls To Two-Year Low Individual investors' fixed-income allocations fell to a two-year low last month.
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Mint50 best funds schemes to invest in

livemint.com - 5 Jun 2017 17:40
Mint50 best funds schemes to invest in Here's a list of schemes that made it to Mint50
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What's in: Funds that made an entry in Mint50

livemint.com - 5 Jun 2017 17:40
What's in: Funds that made an entry in Mint50 Here is a list of schemes that have entered the Mint50 Best Funds list
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What's out: Funds that exited Mint50

livemint.com - 5 Jun 2017 17:40
What's out: Funds that exited Mint50 A list of different mutual funds schemes that have exited Mint50
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