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Market News

Location American Market News for 13 September 2017

Western Digital's Flashing Pain

Wall Street Journal - 13 Sep 2017 23:40
Western Digital is learning that there is a price for friendship or, in the case of Toshiba, a lack of it.
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Bitcoin Trading: Smart Or Stupid?

Forbes - 13 Sep 2017 19:23
Bitcoin Trading: Smart Or Stupid? Bitcoin trades can be both smart and stupid. It just depends on the point of entry to the Bitcoin market for any particular investor -- provided that big governments and big banks don't shut the market down.
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Goldman Faces Fight in Finding New Trading Clients

Wall Street Journal - 13 Sep 2017 19:39
Goldman Sachs' plan to turn around its trading operations depends on its ability to take market share from other banks.
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Market round-up: Better outlook for oil demand in 2017 In other news, US inflation's cold streak seen ending for real; China's banks lead surge in overseas lending
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Apart From China, Where Else Can EA Expand?

Forbes - 13 Sep 2017 21:33
It has been often talked about how Electronic Arts (NASDAQ: EA) can tap the Chinese market to fuel growth going forward. China's 50-point plan to turn the country into an $813 billion sports industry, with a special focu...
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Last week, Comcast's stock declined by 5% in a single day after Matthew Strauss, executive vice president for Comcast's Xfinity services, said that the company expects to report a loss of 100,000-150,000 subscribers in Q...
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Apple launched a trio of new iPhones on Tuesday called iPhone 8 and 8 Plus - which are essentially upgraded versions of last year's iPhone 7 - as well as an all new smartphone called the iPhone X, which features Apple's ...
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BlackBerry entered the fleet management market last year, launching its Radar solution, as it looks to compensate for revenues declines in its smartphone and services access fee business.
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In what comes as the latest step by Goldman Sachs to diversify away from its core investment banking operations into the less risky and less volatile retail banking business, the investment bank is currently working on a...
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Venezuela Owes Bond Lords Over $180 Million On Friday Nicolas Maduro has threatened to ditch dollar financing, but that won't stop him from owing foreign investors a boat load of money, equal to more than a third of the country's dwindling central bank foreign currency rese...
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Bitcoin slides on 'fraud' warning from JPMorgan CEO Jamie Dimon Bitcoin slid by more than 10%, as investors sold the cryptocurrency after a warning by JPMorgan CEO Jamie Dimon that it 'is a fraud' and will eventually 'blow up'
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United Technologies Overpaid For Rockwell Collins Simply put, the price UTX will pay for this acquisition - which comes to ~$33 billion when accounting for all forms of debt and unfunded pension liabilities - makes it almost impossible for the deal to create long-term v...
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SBI Life Insurance IPO aims for Rs70,000 crore valuation The SBI Life Insurance IPO will see stakeholders SBI and BNP Paribas Cardif sell 8% and 4% stake to raise Rs8,400 crore at the upper end of the price band of Rs685-700 per share
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Govt bond yields hit 14-week high as rate cut hopes fall As rising retail inflation doused hopes of a rate cut by the RBI, the government bond yields ended Wednesday at 6.584%, a level last seen on 6 June
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Sebi asks bourses and clearing corporations to frame new outsourcing policy Sebi says stock exchanges and clearing corporations often take help of third-party service providers to carry out certain processes and therefore, they must formulate an outsourcing policy
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Ex-Dividend Reminder: General Electric, Amphenol and Greif General Electric Co will pay its quarterly dividend of $0.24 on 10/25/17, Amphenol Corp. will pay its quarterly dividend of $0.19 on 10/11/17, and Greif Inc will pay its quarterly dividend of $0.42 on 10/1/17.
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Capacit'e Infraprojects IPO subscribed 1.30 times on Day 1 Capacit'e Infraprojects' Rs400 crore IPO received bids for 14,815,320 shares against the total issue size of 11,428,572 shares
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US Government's Promised Entitlements Exceed The Budget 7x In States Like Kentucky Remember, in a crisis you don't sell what you want to sell; you sell what you can sell.
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RadNet Stock Is Up 43.50% in 5 Weeks, Is More to Come?

Profit Confidential - 13 Sep 2017 17:49
RDNT Stock: Further Gains Are Expected It was only five weeks ago that I covered RadNet Inc. (NASDAQ:RDNT) stock. In the publication, titled "RadNet Stock Is All Set for an Epic Advance," I outlined that a number of deve...
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3 Blue-Chip Dividend Stocks With 20%-Plus Downside Some of Wall Street's biggest names are increasingly looking vulnerable to massive pullbacks should the market buckle under pressure.
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Matrimony.com IPO subscribed 4.22 times on last day

livemint.com - 13 Sep 2017 17:18
Matrimony.com IPO subscribed 4.22 times on last day The Matrimony.com IPO received bids for 11,854,905 shares against the total issue size of 2,811,280 shares on the last day of the bidding
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Valtteri Bottas has been rewarded with a one-year contract extension for his excellent start to life as a Mercedes driver.
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