Market News
The Whole Foods And Amazon Merger Is A Sign Of The Major Trend Every Investor Should Be Aware Of
Forbes - 5 Jul 2017 18:34
If you are a shareholder in either Amazon (AMZN) or Whole Foods Market (WFM), their combination ought to please you. Both stocks rose on the merger news while the rest of the grocery industry dropped. But in the long run...
Dollar Doom and Gloom Looks Overdone
Wall Street Journal - 5 Jul 2017 11:39
Emerging-market currencies have benefited from positive economic surprises this year. Their luck may not have much room left to run.
Fed's Words Seem to Spell Worry
Wall Street Journal - 6 Jul 2017 01:01
Is the drop in inflation starting to rattle Federal Reserve policy makers? Their words suggest as much.
AAII Survey Reveals Largest Equities Allocation Since 2005
Forbes - 6 Jul 2017 00:25
Equity allocations among individual investors rose to their highest level in more than a decade last month. The June AAII Asset Allocation Survey also shows fixed-income holdings at a multi-year low.
Reality Bites for Tesla Shares
Wall Street Journal - 6 Jul 2017 00:11
Investors started to lose patience with Tesla this week after another unkept promise: the jolt from Volvo that all its cars would be electric or hybrid by 2019.
Why Smart Home Devices Are A Strong Growth Opportunity For Best Buy
Forbes - 5 Jul 2017 23:24
Recently, Best Buy announced that it is expanding space in 700 of its stores to better showcase Amazon's Echo and Google Home devices and their interaction with smart home technology.
Wells Fargo's Capital Plan Looks Like An Attempt To Attract Investor Attention
Forbes - 5 Jul 2017 23:23
Late last week, Wells Fargo broke with its tradition of announcing a vague capital return plan at the end of the Fed's annual stress test cycle by clearly spelling out how much cash it wants to return to investors over t...
U.S. Bancorp's Capital Plan Indicates Bank May Be Saving Up For Acquisitions
Forbes - 5 Jul 2017 23:21
Late last week, U.S. Bancorp announced a capital return plan for 2017 that was largely similar to what it detailed last year, with the bank looking to return $4.6 billion to shareholders over the next twelve months - mar...
Why Samsung Is Doubling Down On Memory Investments
Forbes - 5 Jul 2017 23:21
With the market for storage products booming, Samsung Electronics is doubling down on its semiconductor-focused capital investments, announcing plans to invest an additional 14.4 trillion won (about $12.5 billion) by 202...
Skip Earnings Slider Exxon Mobil And Buy Stryker Instead
Forbes - 5 Jul 2017 21:28
Sell Exxon Mobil and buy Stryker. Why? Companies that have had net income sliding downwards for two years are called Earnings Sliders. The companies are bad investments for the two years after they qualify, but are great...
National Insurance plans IPO in Q4
livemint.com - 5 Jul 2017 20:40
National Insurance chairman Sanath Kumar says the insurer is waiting for the government approval to come out with the IPO which may happen by the end of the current fiscal
Payments Business Gets a $10 Billion Jolt
Wall Street Journal - 5 Jul 2017 20:38
Proposed major cross-border deal between U.S. and U.K. payments leaders propels industry into spotlight.
Volvo Strikes Blow At Both Oil And Tesla
Forbes - 5 Jul 2017 20:38
Volvo plans to abandon the combustion engine and switch to only electric and hybrid models in 2019. How will this move impact oil markets and what does it mean for electric car maker Tesla? Plus, why might Volvo's strate...
U.S. Marijuana Market Comes to Nevada, Is the Rest of the Union Next?
Profit Confidential - 5 Jul 2017 19:38
Can the U.S. Marijuana Market Continue to Expand? One of the hottest. The post U.S. Marijuana Market Comes to Nevada, Is the Rest of the Union Next? appeared first on Profit Confidential.
Govt bonds subscription sees robust response, FPIs bid for $4.6 billion
livemint.com - 5 Jul 2017 19:12Salasar Techno IPO to open on 12 July
livemint.com - 5 Jul 2017 18:20
Salasar Techno IPO comprises 33.21 lakh equity shares of face value of Rs10 each fully paid for cash at a price of Rs108 per equity share aggregating Rs35.86 crore
Gold prices slump to six-week low on subdued demand
livemint.com - 5 Jul 2017 18:19
Prices for standard gold (99.5 purity) eased by Rs45 to end at Rs28,090 per 10 grams from Tuesday's closing level of Rs28,135
Pakistan rupee drops most in 9 years in apparent devaluation
livemint.com - 5 Jul 2017 17:54
Pakistan's rupee plunged the most in 9 years, after State Bank of Pakistan was said to have devalued the currency as South Asia's second largest economy showed signs of stress
Vantiv Strikes A $10 Billion Deal For Worldpay
Forbes - 5 Jul 2017 17:42
The acquisition would create a global payments processing company at a time when fintech upstarts like Stripe and Square are increasingly edging into the space.
Trump Meeting Putin Won't Make Russian Investments Great Again
Wall Street Journal - 5 Jul 2017 17:40
As Donald Trump and Vladimir Putin get set for their first face-to-face meeting, investors are left to ponder how little things change in Russia
How to Solve Problems of Misaligned Executive Pay
Wall Street Journal - 5 Jul 2017 17:11
Excessive, opaque pay packages for company bigwigs are a perennial problem for shareholders. A few U.K. companies are embracing a new approach: Scrap targets and make bosses long-term shareholders. U.S. boards should tak...
Activists May Spoil Clariant and Huntsman's Chemical Romance
Wall Street Journal - 5 Jul 2017 16:47
Two New York investors have teamed up to overturn the "merger of equals" planned between chemical companies Huntsman and Clariant.