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Market News

Location American Market News for 12 June 2017
Algo-trading case: Sebi asks NSE why it didn't cooperate in probe on unfair access NSE hasn't cooperated with Sebi, expert committee and forensic auditor investigating the algo-trading case, says Sebi in a showcause notice
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Wells Fargo's Recent Loan Growth Has Been Sluggish Compared To Peers The five largest U.S. banks reported $3.67 trillion in outstanding loans worldwide in Q1. This represents more than 40% of all outstanding loans across U.S. commercial banks, according to quarterly data compiled by the F...
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US tech gloom triggers Monday blues

livemint.com - 12 Jun 2017 23:12
US tech gloom triggers Monday blues Friday's gloom in US markets, triggered by a sell-off in technology shares, engulfed Asian stocks and Indian shares were no exception, as global investors turned wary of risk
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Verizon is expected to close its $4.5 billion purchase of Yahoo's Internet assets on June 13, after Yahoo shareholders approved the deal last week. The deal should allow the company to play a lager role in the fast growi...
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What Lies Ahead For Baidu's Online Video Business In this article we take a look at the online video streaming market in China and where Baidu's iQiyi stands in this fast-growing market.
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BSE to move 52 companies under S+ framework from 14 June The S+ framework is for enhanced monitoring of BSE companies exclusively traded on the bourse's main board and not in the ambit of graded surveillance measures
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US tech sell-off worsens, crude oil rallies

livemint.com - 12 Jun 2017 19:43
US tech sell-off worsens, crude oil rallies The Nasdaq 100 Index's two-day loss topped 3.3%, an abrupt turnaround after closing at a record on Thursday with a 21% gain for the year.
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Use These ETFs To Trade Five Major U.S. Equity Averages The bulls were in control of the U.S. stock market last week, but not without some potential reversal action on Friday afternoon.
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GE's Challenge: Bring Good Things Back to Life

Wall Street Journal - 12 Jun 2017 19:32
A fresh face will be leading General Electric. Next up for the industrial giant: freshening up shareholder returns.
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The Financial Survival Guide: How To Be Prepared If Disaster Strikes No one likes to think about frightening what-if scenarios, but being prepared by taking these steps now will minimize the financial and emotional effects should disaster strike.
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U.K. Drifts Away From Europe's Recovery

Wall Street Journal - 12 Jun 2017 17:54
The U.K. wants to separate from Europe. Judging by economic and political outcomes, it looks like it is getting its wish.
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Raoul Pal: Bitcoin Is Mania And Not A Store of Value... I Sold-Out Last Week The price of Bitcoin has risen by 210% since March to over $2,900... and one of the world's most successful investment strategists is warning investors to stay away.
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Axis Bank plans to raise Rs5,000 crore via debentures Private sector Axis Bank says it proposes to raise Rs5,000 crore from debentures to fund business growth
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Tencent slumps to lead China tech sell-off as volatility climbs Tencent and AAC Technologies were among the biggest losers on Hong Kong's benchmark stock index, falling at least 2%
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Here's Why Deregulation Will Be Bad For Stocks If your investment strategy counts on deregulation to boost stock prices, you might want to reconsider.
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Can VIX Finally Break Higher?

Forbes - 12 Jun 2017 17:12
Can VIX Finally Break Higher? VIX is threatening to break through some near term resistance. The lack of hedging coming into Thursday's Events as well as the sudden inability of treasuries to rally on every stock market decline - may be the impetus V...
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Alibaba Stock Likely to Continue Surprising to the Upside

Profit Confidential - 12 Jun 2017 17:04
Alibaba Stock Likely to Continue Surprising to the Upside BABA Stock: Lift Off Alibaba Group Holding Ltd (NYSE:BABA) stock surged by 13.29% following an investors day conference where the company announced that it expected this year's fiscal revenue to grow between 45%-49% over...
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The Cloud Stock with Triple-Digit Upside

Profit Confidential - 12 Jun 2017 16:47
The Cloud Stock with Triple-Digit Upside Make a Killing on This Next Cloud King Today's stock is a good example of another one of my favorite strategies--investing in "venture capital" stocks. There are the stocks of small, emerging firms that provide solutions...
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Here's How To Trade 9 Global Equity Averages, 5 In The U.S., Japan, China, India And Germany The nine major averages around the globe have been amazingly resilient. All have positive weekly charts, with six overbought. Here's how to trade them now.
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Celgene Stock Has Now Reached That Moment of Truth

Profit Confidential - 12 Jun 2017 16:44
Celgene Stock Has Now Reached That Moment of Truth CELG Stock: Bullish Expectations I have been watching Celgene Corporation (NASDAQ:CELG) stock for quite some time, waiting upon an indication that will suggest that this investment is set to advance. CELG stock is now ap...
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Power Finance Corp. gets nod to issue bonds exempt from capital gains PFC has got the government approval for issuing bonds, redeemable after three years and eligible for exemption from capital gains tax
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This City Will Help Pay Your Student Loans

Forbes - 12 Jun 2017 16:02
This City Will Help Pay Your Student Loans This city has a revolutionary plan to help pay your student loans - and it's taking a lesson from corporate America.
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