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Market News

Location American Market News for 14 September 2017
Bradford & Bingley Nationalization: 'EU Approach' & Shareholder Compensation Backed By MPs Ten years after the run on UK bank Northern Rock, campaigners including British MPs, an MEP and an action group representing around a million dispossessed Bradford & Bingley shareholders are to approach the European Unio...
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Sterling Rallies Following The Bank Of England's Interest Rate Announcement It has been an extremely busy week for UK economic data with the main highlight being the Bank of England's interest rate decision and quantitative easing programme. Interest rates were kept on hold but there were hints ...
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Bitcoin Prices Plunge To Lowest In More Than 1 Month What does the sharp drop in Bitcoin prices mean for traders?
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Crypto Market Down Nearly 40% From All-Time High Will cryptocurrencies surrender the sharp gains they produced this year?
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Oracle's Revenue Climbs 7% As Cloud Push Brings In Billions Oracle reported better-than-expected quarterly earnings on Thursday, once again helped by its growing cloud business.
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With MannKind Down Over 90%, NVIDIA Enables Nate Pile To Beat The Market Nate Pile first recommended MannKind when it was at $32. Today it is trading at $2, down over 90%. In spite of this disaster, Nate's portfolio is up 17.93% year-to-date, solidly ahead of the S&P 500's 11.93%. How can a m...
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Oracle stock falls on guidance

CNBC - 15 Sep 2017 00:10
Oracle's first-quarter results were better than expected on both revenue and earnings per share.
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Japan legalized casino operations last year, and is currently formulating laws for the industry. Japan, the third largest economy in the world, presents a big opportunity for global casino operators as it is completely u...
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Bottles Up: Nestle Bets Big On Hipster Roasted Java, Taking Majority Stake In Blue Bottle Nestlé is giving itself another jolt of caffeine -- this one decidedly more hipster than its other coffee brands. The food and beverage behemoth announced Thursday that it has acquired a majority stake in Blue Bottle Co...
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Why Now Is A Good Time To Buy General Electric There are several reasons General Electric is an attractive buy right now.
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Litecoin Prices Plunge As Crypto Markets Suffer Sell-Off Is Litecoin even more sensitive to Chinese developments than other cryptos like Bitcoin?
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New Info Shows Coordinated Monetary Policy Tightening Ahead Today's news means that coordinated central bank tightening is even more likely ahead, and faster than the markets expect. This coordination, however, will lessen the volatility effect in the currency markets.
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Bajaj Finance to sell over 2.6 crore shares to QIBs

livemint.com - 14 Sep 2017 21:14
Bajaj Finance to sell over 2.6 crore shares to QIBs Bajaj Finance Ltd has allotted over 2.6 crore shares to qualified institutional buyers (QIBs), fetching over Rs5,044 crore
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Sebi slaps Rs68 lakh penalty on Premier Capital Services, 12 others Sebi says PCSL and 12 other firms have violated various disclosure provisions of the SAST Regulations and the PIT Regulations on a number of occasions
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Women Report More Financial Stress About Retirement Savings Than Men A new report by MassMutual shows some interesting differences between how men and women feel about saving for retirement, with women feeling more behind and stressed.
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Attention Investors: The Stretch of Very Weak Inflation Is Over

Wall Street Journal - 14 Sep 2017 20:17
Investors have been enjoying what might best be called the Bizarro Goldilocks economy. The latest inflation report serves as a warning the fairy tale may be drawing to its close.
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ICICI Lombard IPO: Firm allots shares worth Rs1,624 crore to anchor investors Ahead of it IPO, ICICI Lombard allocated shares to 64 anchor investors at Rs661 per share
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BlackRock is reportedly in talks with Calpers to manage all or part of the latter's private equity investments - currently valued at around $26.2 billion. A possible deal between the largest asset manager and the largest...
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HDFC Bank overtakes TCS to become 2nd most valuable company At the close of trade, HDFC Bank's market capitalisation stood at Rs4,75,802.34 crore, which was Rs92.3 crore more than TCS' Rs4,75,710.04 crore valuation
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Why the Bank of England Has an Itchy Trigger Finger

Wall Street Journal - 14 Sep 2017 18:12
Bank of England governor Mark Carney was once dubbed an "unreliable boyfriend" by a politician when it comes to guiding expectations. September's meeting has set the stage for a real test of fidelity.
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Goldman units to sell up to $110 million stake in Max Financial Two Goldman units are offering to sell 4.42% stake in Max Financial, the share sale's floor price has been set at Rs595, which is 0.8% discount to the stock's today closing price
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Here's Why The Defense Sector Is The Best Trade Today The defense industry occasionally has a bad quarter or two, but over time it outperforms.
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