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Market News

Location American Market News for 27 June 2017

SoftBank Should Hurry to Rid Itself of Sprint

Wall Street Journal - 27 Jun 2017 17:02
Japanese tech giant SoftBank has higher priorities than its 83% stake in struggling U.S. telecom operator Sprint.
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The uneasy rise of renewables

livemint.com - 28 Jun 2017 00:21
The uneasy rise of renewables The ambitious renewable energy capacity addition targets may bring along execution challenges
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Bearish iron ore not a worry for Indian steel

livemint.com - 28 Jun 2017 00:14
Bearish iron ore not a worry for Indian steel Indian steel firms will benefit from the safety net of anti-dumping duties which will ensure domestic iron ore prices don't fall beyond a certain level
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Market round-up: China's growth looks like it has peaked for 2017 In other news, city gas demand to more than double in five years; oil's drop could leave a stain on earnings
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Rare Diseases: Biotech's High Risk, Highest Reward Sub-Sector Companies developing drugs for rare diseases have attracted negative publicity for their often sky-high drug prices creating what Todd Hagopian believes is biotech's high risk, highest reward sub-sector.
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The Importance Of Time Horizons For Investing (And Beyond) Commonwealth's CIO Brad McMillan discusses the importance of time horizons, in investing and beyond.
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A menu that suits changing customer preferences and a focus on technology to improve restaurant efficiency are the two key pillars of McDonald's transformation. The company is likely to launch digital ordering later this...
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Broad-Based Growth In Shipments To Drive Top Line Growth For Rail Companies U.S. rail shipments have risen considerably in the first half of 2017, reflecting strengthening economic conditions in the U.S. Per the American Association of Railroads data, U.S. rail shipments have risen 4.6% year-ove...
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The Western Digital And Toshiba Saga Is Far From Over Will Western Digital prevail in winning Toshiba's chip unit?
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Sebi tweaks offer-for-sale norms to encourage employees' participation Sebi allows companies' promoters to sell shares within two weeks from the offer-for-sale (OFS) transaction to their employees
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BSE to suspend trading in 11 companies for violating norms As many as 11 companies are facing trading suspension for failing to comply with certain Sebi norms for December 2016 and March 2017 quarters
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Surface Devices Could Lead To Upside For Microsoft Microsoft recently rolled out its Surface Pro and Laptop to 25 markets. While the new convertible Windows 10 tablet, Surface Pro, starts at $799, the Surface laptop starts at $999 and goes up to $2199. These launches clo...
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A Closer Look At Bristol-Myers Squibb's Oncology Business Cancer drugs (oncology business) account for nearly 60% of Bristol-Myers Squibb's valuation, according to our estimates. Empirically and fundamentally speaking, the stock's performance is highly tied to clinical trial re...
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Netflix's International Streaming Business Could Be Profitable By Next Year Netflix's international streaming business accounts for about 42% of the company's value, according to Trefis estimates. While the business is currently generating losses, we expect the company's total international subs...
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The Fed Has Undermined The Economy's Ability to Grow The Fed has created very significant unintended consequences, which have undermined the US [economy's] ability to grow and lift the standard of living.
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Micron Will Keep Defying the Skeptics

Wall Street Journal - 27 Jun 2017 18:20
It's telling that just when Micron is back to making serious money, the first question is: how long can that last? A strong memory market has boosted sales and earnings for the chipmaker, and the shares are still worth b...
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Ratings Farce: Illinois Bonds Should Be Junk-Rated Despite What The Agencies Say Investors should use bond ratings only as a suggestion and not the Holy Grail the agencies would have you believe.
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Consumer Credit Gone Wild, Bank of England Slaps It Down

Wall Street Journal - 27 Jun 2017 17:53
The Bank of England tightened the screws on bank lending to consumers, a key driver of the post-Brexit economy.
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Home-Price Growth Slows Slightly In April, Says S&P/Case-Shiller Home prices rose slightly less than expected in April, yet were roughly in line with the breakneck growth that has fueled concerns about a housing bubble.
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Gold prices decline on reduced demand, silver rallies Standard gold prices fell by Rs 65 to close at Rs 28,725 per 10 grams from last Friday's level
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Shares of Darden Restaurants pop after the company posts better-than-expected earnings.
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28 June 2017: Best health plans for you

livemint.com - 27 Jun 2017 16:12
28 June 2017: Best health plans for you Go through our Mint SecureNow Mediclaim Ratings designed for you to choose the best health insurance plans
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