Market News
Bitcoin Spike: Ethereum Price Prediction for 2018
Profit Confidential - 15 Jun 2017 19:59
Re-Evaluating Ethereum Price Predictions for 2018 Another day, another record-breaking high for Ethereum. Investors are refusing to give up their optimism on the Ethereum blockchain, even as they slash more than 10% from...
Kroger Sinks 17% As First Quarter Sales Fall And Forward Guidance Is Slashed
Forbes - 15 Jun 2017 19:01
Kroger, the number-one supermarket chain in the world by revenue that at one time enjoyed a 13-year streak of quarterly same-store sales growth, is suffering from heightened competition from Walmart and others that has c...
AMZN Stock: Amazon Could Be the First $1.0-Trillion Company
Profit Confidential - 15 Jun 2017 16:18
Tech Stocks Are the Best of the Best While most mega-caps enjoy a few years of rapid growth before sputtering to a standstill, Amazon.com, Inc. (NASDAQ:AMZN) keeps moving up and to the right. It seems untethered from the...
Cement: GST may hit volumes, while high input costs could limit margin expansion
livemint.com - 16 Jun 2017 01:45Q4 results of auto firms: BS-III inventory, input price hurt margins
livemint.com - 16 Jun 2017 01:41
From here on, higher sales volume is the only weapon for auto makers to beat the pressure on profitability
Aviation: Bumpy landing for airlines
livemint.com - 16 Jun 2017 01:36
Crude oil prices aren't expected to rise sharply in a hurry and passenger growth is decent, which may support aviation stocks that have outperformed the Sensex so far
The dark corner in private banks' earnings
livemint.com - 16 Jun 2017 01:26
Private banks such as ICICI Bank, Axis Bank, Yes Bank, Karur Vysya Bank and IDFC Bank have been slow in recognizing bad loans, keeping themselves open to risks
Telecom sector: Telcos tighten belts
livemint.com - 16 Jun 2017 01:25
For telecom firms, things may not deteriorate as badly in the future as in the December and March quarters; but at the same time, calling out the bottom will be premature
Retail: a mixed shopping cart in Q4
livemint.com - 16 Jun 2017 01:24Power: Adverse tariff order, subdued utilization
livemint.com - 16 Jun 2017 01:23
Overall power generation is up just 3.4% in the March quarter, while, comparatively, generation at India's largest producer NTPC Ltd increased 2.8%
Pharmaceuticals: US generics fail to deliver
livemint.com - 16 Jun 2017 01:22
Key triggers to watch out in the pharma space would be firms getting a green signal from USFDA for their affected plants or getting key product approvals for the US market
Why Short Sellers Hunger for Apple
Wall Street Journal - 16 Jun 2017 01:16
iPhone maker's highly cyclical business draws more short sellers looking for a peak.
Why is Indian pharma so blasé about tackling disease within?
livemint.com - 16 Jun 2017 00:03
Indian pharma still seems to be having difficulty putting to bed doubts on whether it can meet US FDA scrutiny
Oil and gas: A good quarter for the refiners
livemint.com - 15 Jun 2017 22:53
Given the muted outlook on crude oil prices in the interim, there is little to suggest a reversal in the trend of share performance of state-run oil producers ONGC and Oil India
Loxo Strikes While the Biotech Iron is Hot
Wall Street Journal - 15 Jun 2017 22:50
Biotech equity offerings at opportune moments maximize chances for commercial success.
Coming Kurdish Vote Could Change The Mid East & Oil Markets As We Know It
Forbes - 15 Jun 2017 22:37
An independent Kurdistan could not only redraw the map of the Middle East for the first time in almost a century, but also take a chunk of Iraq's oil resources with it.
Metals: good times are here, but will they last?
livemint.com - 15 Jun 2017 22:32
Realizations in both steel and non-ferrous sectors trended up, volume growth was steady, and together they contributed to good sales and profit growth
Here Are The Key Growth Drivers For Lowe's
Forbes - 15 Jun 2017 22:32
Improved macroeconomic conditions are favoring home retailers Home Depot and Lowe's. However, for Q1 2017, Lowe's posted disappointing results, indicating that it has not been able to take complete advantage of the stren...
Information technology: Gloom envelops the IT services sector
livemint.com - 15 Jun 2017 22:27
The growth outlook given by some of the IT services firms suggests there are no signs of a recovery in sight
Packaged consumer goods: Rural India lags urban recovery
livemint.com - 15 Jun 2017 22:26
The nascent recovery seen in the rural markets in October, as normal monsoon rainfall saw agricultural incomes improve, was dealt a body blow by demonetisation
Capital goods: Public sector investments the only reprieve
livemint.com - 15 Jun 2017 22:22
Capital goods firms with exposure to govt investments in power transmission, railways and infrastructure see increased order inflows, while others continue to struggle
What Qualcomm's Foray Into PCs, Data Centers Means For Intel
Forbes - 15 Jun 2017 22:15
Qualcomm's move into the mobile PC market has been talked about and anticipated for years. The company finally announced ASUS, HP, and Lenovo as the first original equipment manufacturers to develop mobile PCs powered by...