Market News
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.
Bitcoin Prediction 2030: Kim Dotcom Says $100,000 Bitcoin Price Is Possible
Profit Confidential - 6 Sep 2017 19:22
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...
Carbonite Investors Should Make Back-Up Plans
Forbes - 6 Sep 2017 19:51
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...
Bharat Road Network IPO subscribed 22% on Day 1
livemint.com - 6 Sep 2017 18:15
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
Bank fixed deposit rates: 7 September 2017
livemint.com - 6 Sep 2017 15:32NTPC offers 2.74 crore equity shares to employees
livemint.com - 6 Sep 2017 15:05
State-run power giant NTPC offers 2.74 crore equity shares to its employees at a discounted price of Rs159.60 per scrip
Caught Between Hurricanes Harvey And Irma: Florida Gasoline Shortages
Forbes - 7 Sep 2017 01:04
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.
BSE Carbonex index outperforms Sensex so far in 2017
livemint.com - 7 Sep 2017 01:03
The BSE Carbonex index has climbed 23.16% in comparison with an 18.91% jump in the benchmark Sensex so far this year
Is Abercrombie's Stock Price Rally Justified?
Forbes - 6 Sep 2017 23:33
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...
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
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.
Takeaways From Costco's Strong Comparable Sales In August
Forbes - 6 Sep 2017 21:38
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...
JPMorgan Grew Its Market Share In U.S. Credit Card Market In Q2
Forbes - 6 Sep 2017 21:33
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...
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.
Stock Market Sector Winners And Losers Have A Story To Tell
Forbes - 6 Sep 2017 19:41
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 ...
The Internet Comes To Fruition 17 Years After The Bubble Burst
Forbes - 6 Sep 2017 19:26
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...
US Federal Reserve's vice chair Stanley Fischer resigns, to leave in October
livemint.com - 6 Sep 2017 19:20The Four Seasons Of Trump: Two Secular Trades For The Post-American Century
Forbes - 6 Sep 2017 19:18
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
Ex-Dividend Reminder: Kansas City Southern, Albany International and FedEx
Forbes - 6 Sep 2017 18:16
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.
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...
The Shanghai Composite Set Its 2017 High, Other Global Averages Lag
Forbes - 6 Sep 2017 17:52
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...
Dixon Technologies IPO subscribed 78% on Day 1
livemint.com - 6 Sep 2017 17:27
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