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Market News

Location American Market News for 4 August 2017
India's forex reserves surge to record $392.86 billion India's forex reserves surged by $1.536 billion to touch a new record of $392.867 billion during the week to 28 July, RBI data shows
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Investing With The Top Biotech Managers

Forbes - 5 Aug 2017 01:08
Investing With The Top Biotech Managers Biotech stocks have taken off since President Trump took office. Through the end of July, the iShares Biotech ETF is up almost 19%, well ahead of broader market benchmarks. If your are thinking of investing in biotech st...
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Nicki Shields reports on all the electric action from New York and Montreal as the 2016/17 world championship goes down to the wire.
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We have increased our price estimate for SunPower , the second largest U.S. solar equipment manufacturer, from around $8 per share to about $10 per share, to account for some recent improvements in global solar demand an...
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Dish Network's stock declined by over 4% following its Q2 release on Thursday, August 3 as the company reported a 5.7% decline in revenues to $3.64 billion. Dish also lost 146,000 pay-TV subscribers in the quarter despit...
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Key Takeaways From Viacom's Fiscal Q3 Earnings Viacom announced mixed Q3 results on August 3, as its earnings per share came in ahead of market expectations but revenues missed. The company's stock fell 8% after the results announcement. Below we discuss some of the ...
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Yelp announced its earnings for Q2 on August 3rd, and the company once again reported solid growth as revenues grew by 20% year over year $209 million, outperforming its guidance of $202-$206 million.
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After another tight championship battle and with new major car manufacturers queuing up to join, the all-electric racing series' profile is on the up.
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Why Jobs, Wages and Savings Mean Weaker Profits

Wall Street Journal - 4 Aug 2017 20:59
The U.S. economy has reached a turning point: If companies don't start paying employees more soon, consumer spending may slow. But the alternative--faster wage growth--would raise companies' costs.
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Mahindra Logistics files for IPO

livemint.com - 4 Aug 2017 18:46
Mahindra Logistics files for IPO Mahindra will be selling 9.7 million shares while Normandy Holdings Limited will sell 9.3 million shares as part of the Mahindra Logistics IPO
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Sebi asks listed firms to inform exchanges on loan default in one working day Sebi says from 1 October, companies have to inform stock exchanges about a loan default within one working day
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Bitcoin Cash Price Prediction Making predictions in the cryptocurrency market is an easy way to look foolish. Things rise and fall with such wild swings that it's virtually a guessing game half the time because so many u...
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Ten Powerful Actions To Restore Public Trust And Confidence In The Global Economy As the global environment continues to evolve, so should the standards and regulations that govern it.
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Japanese Car Makers Pay Up to Grab U.S. Market Share

Wall Street Journal - 4 Aug 2017 15:57
Toyota, Honda and their Japanese peers once again are selling more cars than Detroit. But the cost to investors could be higher than they expect.
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Indusind Bank becomes sixth bank to cross Rs1 trillion market cap HDFC is the country's most valued bank with a market cap of Rs4.6 trillion, followed by SBI, ICICI Bank, Kotak Mahindra Bank, Axis Bank and Indusind Bank
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GoPro reported quarterly results that beat analysts' expectations on Thursday.
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New exchange-traded fund launched to sell govt stakes in 22 firms: Arun Jaitley Arun Jaitley said the ETF will have a diversified portfolio of companies from six sectors with a 20% cap on each sector and a 15% cap on each stock
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Valeant Stock Needs to Clear One More Hurdle

Profit Confidential - 4 Aug 2017 14:13
VRX Stock: One Piece Away from a Bull Market A number of bullish events have transpired since my last update on Valeant Pharmaceuticals Intl Inc (NYSE:VRX) stock. In that May 17, 2017 update, titled "Valeant Stock Is Slo...
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Ethereum vs Bitcoin Cash Following the Bitcoin hard fork, we now have a new contender vying to be one of the top cryptocurrencies on the market. Although it's young, Bitcoin Cash (BCH) controls the third-highest market s...
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Sebi order: Jignesh Shah denies any violations, alleges conspiracy Jignesh Shah denied any violation of insider trading norms following Sebi order against 13 entities, including his relatives, with regard to trading in shares of MCX and FTIL
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A constructive criticism of what we have been doing is important Pramod Gubbi on Ambit Capital's accepting its market mistakes in the past 12 months, need for constructive criticism in the mutual fund space, and more
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Gold prices jump Rs190 on global cues, jewellers' buying In Delhi, gold prices of 99.9% and 99.5% purity climbed by Rs 190 each to Rs 29,620 and Rs 29,470 per 10 grams
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