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Market News

Location American Market News for 6 September 2017

China's Most Dangerous Bank

Wall Street Journal - 6 Sep 2017 15:18
Investors love China Merchants but the bank looks vulnerable as Beijing cracks down on aggressive tactics.
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Who Is Kim Dotcom? If cartoon villains entered the real world, they'd probably look a lot like Kim Dotcom, the notorious Internet entrepreneur who founded Megaupload Ltd. Not only does he live in a remote part of the wor...
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Carbonite Investors Should Make Back-Up Plans This firm's product has been commoditized. Attempts to buy its way into a very competitive new market look desperate. The disconnect between high expectations embedded in the stock price and the firm's weak competitive p...
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Bharat Road Network IPO subscribed 22% on Day 1

livemint.com - 6 Sep 2017 18:15
Bharat Road Network IPO subscribed 22% on Day 1 Bharat Road Network IPO received bids for 64,09,765 shares against the total issue size of 2,93,00,000 shares, as per data available with the NSE
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Bank fixed deposit rates: 7 September 2017

livemint.com - 6 Sep 2017 15:32
Bank fixed deposit rates: 7 September 2017 Fixed deposit rates offered by different banks for different maturity periods
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NTPC offers 2.74 crore equity shares to employees

livemint.com - 6 Sep 2017 15:05
NTPC offers 2.74 crore equity shares to employees State-run power giant NTPC offers 2.74 crore equity shares to its employees at a discounted price of Rs159.60 per scrip
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Caught Between Hurricanes Harvey And Irma: Florida Gasoline Shortages Days before Hurricane Irma likely hits Florida the state is already facing sold out gasoline stations. The shortages are not necessary and could have been avoided.
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BSE Carbonex index outperforms Sensex so far in 2017 The BSE Carbonex index has climbed 23.16% in comparison with an 18.91% jump in the benchmark Sensex so far this year
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Is Abercrombie's Stock Price Rally Justified? Abercrombie & Fitch's stock has rallied since its second quarter results announcement on August 24. In fact, the stock's upward trajectory had started a couple of days prior to its earnings, buoyed by the broadly positiv...
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Hurricanes Push Fed off Course

Wall Street Journal - 6 Sep 2017 23:03
Economic slowdown caused by Hurricanes Harvey and Irma will be enough to keep central bank from raising rates as expected in December
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How Is Nokia's Licensing Business Faring?

Forbes - 6 Sep 2017 21:42
Nokia's licensing business has been in the news over the last few months after Apple agreed to pay the company €1.7 billion (~$2 billion) upfront to settle outstanding patent licensing disputes.
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Takeaways From Costco's Strong Comparable Sales In August Costco's stock has increased slightly since it reported strong August sales last week. The retailer's net sales grew 10% year-over-year (y-o-y) to $9.8 billion in August, and the company's comparable sales increased a be...
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JPMorgan Grew Its Market Share In U.S. Credit Card Market In Q2 The U.S. card industry recovered in Q2 from the seasonal decline it witnessed over the first quarter to grow to $784 billion in size at the end of the period. And while each of the ten largest U.S. card lenders benefited...
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Why the Bank Rally Is Over

Wall Street Journal - 6 Sep 2017 19:41
For bank stocks, a host of factors from interest rates to loan growth are all looking worse.
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Stock Market Sector Winners And Losers Have A Story To Tell One of the many things I find fascinating about the stock market is how if you listen carefully, it tells you a story. At times that is a story of encouragement when despair is everywhere. Other times, it screams at you ...
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The Internet Comes To Fruition 17 Years After The Bubble Burst After years of failing to live up to their potential, investors lost patience with internet stocks in 2000. Fast forward 17 years and internet companies are challenging many industry leaders. The internet is finally livi...
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US Federal Reserve's vice chair Stanley Fischer resigns, to leave in October US Federal Reserve vice chair Stanley Fischer, who helped set the course for modern monetary policy, will step down from his position in the middle of October
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The Four Seasons Of Trump: Two Secular Trades For The Post-American Century The curious metamorphoses of D. Trump: dangerous populist, a new Reagan, an eccentric Republican, and a harmless fool What the Trump rally means The dawn of a new era for international investing
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Ex-Dividend Reminder: Kansas City Southern, Albany International and FedEx Kansas City Southern will pay its quarterly dividend of $0.36 on 10/4/17, Albany International Corp will pay its quarterly dividend of $0.17 on 10/6/17, and FedEx Corp will pay its quarterly dividend of $0.50 on 10/2/17.
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Litecoin Price Forecast and Analysis - September 6, 2017

Profit Confidential - 6 Sep 2017 17:52
LTC prices appreciated by roughly 9.5% yesterday, following what can only be characterized as a stampede out of crypto markets on the Labor Day weekend. It was broad-based industry trends, rather than a single item of Li...
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The Shanghai Composite Set Its 2017 High, Other Global Averages Lag September begins with the hype of continued new highs for the major U.S. equity averages. This occurred for the Nasdaq 100, but not the five major averages I focus on along with four overseas averages. Shanghai Composite...
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Dixon Technologies IPO subscribed 78% on Day 1

livemint.com - 6 Sep 2017 17:27
Dixon Technologies IPO subscribed 78% on Day 1 Dixon Technologies IPO received bids for 18,58,776 shares against the total issue size of 23,76,557 shares, data available with the NSE showed
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