Market News
U.S. Shale Threatens Chemical Element of Aramco's IPO
Wall Street Journal - 26 Jul 2017 19:00
An expected surge in U.S. petrochemicals output challenges one of the main pillars of the energy giant's plans to list.
RBI restricts FIIs from buying shares in Capital First
livemint.com - 26 Jul 2017 17:21
RBI restricts foreign investors from buying further shares in non-banking finance firm Capital First as FIIs/FPIs have crossed the maximum permissible investment limit
Nifty closes above 10000, but is India less attractive for FIIs now?
livemint.com - 27 Jul 2017 01:25
A comparison of stock valuations with those of emerging markets shows India has now become relatively less attractive for foreign investors
Our Most Precious Of Precious Metals
Forbes - 27 Jul 2017 00:50
We know that precious metals are uncorrelated assets. But while we wait for inflation, Palladium is our most precious of precious metals.
US Fed holds policy rates steady, says balance sheet unwind to start soon
livemint.com - 27 Jul 2017 00:06Will First Solar's Module Business See Improvement?
Forbes - 26 Jul 2017 23:38
First Solar , the largest U.S. solar equipment manufacturer, is expected to publish its Q2 2017 earnings on July 27, reporting on what is likely to have been an interesting quarter for the solar industry amid some price ...
Switching, Services Help Juniper Deliver Positive Results
Forbes - 26 Jul 2017 23:30
Juniper Networks announced its Q2 2017 results on July 25, reporting 7% annual growth in revenues to over $1.3 billion. Services revenues were up 9% y-o-y to $392 million, while combined product revenues rose by 6% to $9...
Here's What Drove AT&T's Earnings Beat
Forbes - 26 Jul 2017 23:23
AT&T posted a stronger than expected set of Q2 earnings, despite mounting competition in the postpaid wireless space, as it focused on improving wireless margins and reducing postpaid churn. In this note, we provide some...
Seagate's Stock Tumbles After Lackluster Results, Tepid Guidance
Forbes - 26 Jul 2017 23:21
Seagate announced its fiscal Q4 and full year results on Tuesday, July 25, reporting a 9% year-on-year decline in revenues to $2.4 billion. Seagate's Enterprise and Client Compute segments witnessed revenue declines, whi...
JetBlue's Strong Quarter Led To Positive Unit Revenue For First Time In Two Years
Forbes - 26 Jul 2017 23:10
JetBlue started the year off in somewhat disappointing fashion, with earnings plummeting by about 59% in the first quarter.
Ahead Of Amazon Merger, Whole Foods Same-Store Sales Fall For 8th Consecutive Quarter
Forbes - 26 Jul 2017 23:05
Whole Foods revealed Wednesday that despite edging above the Wall Street forecasts with its top- and bottom-line third quarter results, its same-store sales declined for the eighth consecutive quarter.
Market round-up: Allocation to India by Asia ex-Japan funds down
livemint.com - 26 Jul 2017 22:28
In other news, EVs can alleviate utilities' financial pain; wind capacity additions may fall sharply this year
Interest Rate Forecast 2017: Time For The Fed To Go On Vacation
Forbes - 26 Jul 2017 22:19
The Federal Reserve is likely to keep interest rates unchanged through the end of 2017, despite their current intentions to tighten once or twice more. The economic data are coming in at a mild pace of growth, so the Fed...
Wall Street's Smart Money Continues To Bet On The New Financials From BlackRock To Blackstone
Forbes - 26 Jul 2017 22:09
The biggest and best performing investors on the planet are beginning to look beyond banks and instead are placing major bets Wall Street's new financials, from Blackstone to BlackRock.
Greece arrests Russian suspected of running $4 billion bitcoin laundering ring
livemint.com - 26 Jul 2017 21:56
Greek police arrest Alexander Vinnik, 38, sought by US authorities for allegedly helping criminals launder at least $4 billion using bitcoin
Shares of Outback Steakhouse owner plummet 8% as company struggles to woo diners
CNBC - 26 Jul 2017 21:37
Casual dining restaurant sales may be on the mend, but the sector's upturn wasn't enough for Bloomin' Brands.
Wall Street Loves Facebook Into Earnings Tonight
Forbes - 26 Jul 2017 21:27
Will you like Facebook Q2 earnings tonight?
Ford earnings top Wall Street expectations; raises full-year forecast
CNBC - 26 Jul 2017 20:20
Ford reported quarterly earnings and revenue that beat analysts' expectations on Wednesday.
Turn Pocket Change Into Millions With Seven Dividend-Paying Stocks
Forbes - 26 Jul 2017 20:19
We'll show you how even small amounts--your pocket-change--can turn into millions of dollars invested over the long-term in high-quality dividend-paying stocks that offer direct investment plans (where you can contribute...
Activists Like Nelson Peltz Taking On Procter & Gamble Is What Happens To ROIC Laggards
Forbes - 26 Jul 2017 20:11
Linking executive compensation to ROIC could create immediate shareholder returns and drive a long-term commitment to the lean and disciplined corporate structure that Peltz wants P&G to adopt.
Redfin's Valuation Requires Viewing It As Tech Firm, Not Brokerage
Forbes - 26 Jul 2017 20:09
In light of its optimistic valuation and the downside risk associated with the business ultimately being viewed as a traditional real estate brokerage with fancy apps, this upcoming IPO is in the Danger Zone this week.
IMF to launch new form of aid, with no money
livemint.com - 26 Jul 2017 20:00
Instead of providing cheap loans to countries, IMF's Policy Coordination Instrument will serve as a good housekeeping seal of approval for a government's reform programme