Market News
Why GE's Stock Has Underperformed In 2017
Forbes - 7 Jul 2017 23:48
General Electric's (NYSE: GE) stock has declined nearly 10% since the start of the year, significantly underperforming compared to the broader market. Goldman Sachs also downgraded GE recently, stating that the company m...
How Coca Cola's 'Bridge' Program Can Help Over The Long Run
Forbes - 7 Jul 2017 23:48
New technologies are impacting consumer companies in several ways. From improving the customer experience by bringing in convenience and personalization, to streamlining the production and employee training processes, ne...
Team Cannabis' Latest Recruits Are Greece, Canadian AIDS Research, And Pets
Forbes - 7 Jul 2017 23:34
As ever more of the world warms up for cannabis legalization, life on the sidelines can at least provide a good view of the game--and this week, news broke that a diverse group of players has entered the field.
Why Alibaba's Stock Has Surged This Year; Price Estimate Revised To $118
Forbes - 7 Jul 2017 21:40
Alibaba has been one of the fastest growing large-cap stocks over the last few months. Alibaba's stock has surged from less than $90 at the beginning of the year to $145 currently - with its market cap growing from aroun...
Tesla's Skid Is Coming at the Worst Time
Wall Street Journal - 7 Jul 2017 21:34
The recent slide in Tesla's share price and looming cash needs for the Model 3 sedan present a challenge for Elon Musk.
Samsung Projects Record Profits Amid Components Boom, Can The Trend Continue?
Forbes - 7 Jul 2017 21:32
Samsung Electronics just published its Q2'17 earnings guidance, projecting record operating profits of around 14 trillion won ($12.1 billion), marking an increase of about 72% year-over-year. The company also estimates t...
RBI allows foreign investors to buy up to 74% in Fortis Healthcare
livemint.com - 7 Jul 2017 21:31
RBI has allowed foreign investors to buy more shares in Fortis Healthcare as the company's board has hiked their investment limit to 74%
Markets Not Ready for Jump in Jobs
Wall Street Journal - 7 Jul 2017 20:51
The June employment report was good news for American workers. For investors, the message is mixed.
After IPO, CDSL surges 122.25% from issue price
livemint.com - 7 Jul 2017 20:37
During the week, CDSL's market value rose by Rs726.80 crore to Rs3460.52 crore, from Rs2733.72 crore on the day of listing
Elliott Doubles Down on Akzo Nobel---And Noisy Activism
Wall Street Journal - 7 Jul 2017 18:57
Hedge fund giant Elliott upped its stake in paint giant Akzo Nobel to more than $2 billion, while aggressively going after the company's chairman. Patience might be a better path.
Janet Yellen Just Gave Banks A Secret Hint To Pay Out $100 Billion In Dividends
Forbes - 7 Jul 2017 17:34
In an ideal world, we wouldn't have to worry about unstable banks. We wouldn't have to deconstruct central bankers' statements. We might not even have central banks.
These 7% Dividends Just Got The Ultimate "Buy" Rating
Forbes - 7 Jul 2017 16:23
Something strange happened recently, and it's set up a terrific--and almost totally overlooked--profit opportunity for you.
Reliance shares rise over 3%, market valuation up by Rs16,104 crore
livemint.com - 7 Jul 2017 16:22
Shares of Reliance Industries surge over 3% to hit a nine-year high, adding Rs16,104 crore to the company's market valuation
The World's Most Profitable Tech Company? Not Apple
Wall Street Journal - 7 Jul 2017 14:59
The South Korean tech giant has surpassed Apple in profitability, but needs its U.S. peer's fortunes to stay healthy.
Tata should take a leaf out of SoftBank's book while negotiating with Airtel
livemint.com - 7 Jul 2017 14:08
The Tatas should propose a sizeable investment in Airtel, just as SoftBank has reportedly done with Flipkart, and in the process it can still have skin in the game as far as telecom goes
Gold prices jump Rs220, silver weakens further
livemint.com - 7 Jul 2017 14:06
In Delhi, gold of 99.9% and 99.5% purity rebounded by Rs220 each to Rs 29,150 and Rs 29,000 per ten gram
What Separates Microsoft Stock from Apple Stock
Profit Confidential - 7 Jul 2017 14:00
Mossberg Gives a Window into MSFT Stock A man called Walt Mossberg retired this year. Don't worry if that name means nothing to you, because Mossberg isn't a household name. He is, or rather was, one of the best technolo...
Global gold prices edge down, set for biggest weekly drop in two months
livemint.com - 7 Jul 2017 12:30
Spot gold prices edged 0.2% lower to $1,221.76 per ounce at 12.36pm
Bank credit contracts in April-May in worst performance in last five years
livemint.com - 7 Jul 2017 08:23
Bank credit growth is usually tepid in the first few months of the fiscal year, as the economy recovers from accelerated spending at the end of the previous fiscal year
Markets Live: Sensex, Nifty trade lower, pharma stocks rise
livemint.com - 7 Jul 2017 08:17
BSE Sensex fell on Friday, while the Nifty traded above 9,600 points. Here are the latest updates and developments from the markets
Red flags emerge for India's bond market as farmer bailouts rise
livemint.com - 7 Jul 2017 08:03
Investors are concerned that waiving billions of dollars in farm loans will worsen already strained states' finances
Rupee strengthens marginally against US dollar
livemint.com - 7 Jul 2017 07:49
At 9.15am, the rupee was trading at 64.75 a dollar, up 0.05% from its Thursday's close of 64.78.