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Market News

Location American Market News for 18 September 2017

Clovis Up 10% On Double Normal Volume

Forbes - 19 Sep 2017 00:02
Clovis Up 10% On Double Normal Volume Last month, Todd Hagopian named Clovis Oncology as 1 of 3 takeover candidates. Today CLVS is trading around $76, up more than 10% on double its' normal daily volume making it the third largest position in Todd's Biotech ...
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How Is First Solar's Series 6 Transition Progressing? First Solar is getting ready to roll out its Series 6 modules next year. The panels are viewed as one of First Solar's most important product launches in years, as they allow it to compete more directly with silicon-base...
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Bristol-Myers Squibb's oncology business accounts for over 60% of the company valuation, according to our estimates. The performance of pharmaceutical stocks is highly tied to clinical trial results, and for BMY the upta...
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Adobe is set to announce its Q3 results on Tuesday, September 19. In Q2, the company reported 27% growth in revenues to $1.77 billion, which was above its guidance range
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Tata Motors to sell shares worth Rs2,000 crore in block trade According to a media report, Tata Motors is selling shares equivalent to around 1.7% stake to an undisclosed buyer
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Indigo parent InterGlobe Aviation's share sale raises $591 million InterGlobe Aviation, which runs IndiGo airline, sold about 22.4 million new shares, while its shareholders offered about 11.2 million existing shares
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Should You Invest As Usual When Stocks Are This High? Some much-needed perspective when the market keeps climbing.
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Cryptocurrency Is A Bubble: What's Next?

Forbes - 18 Sep 2017 19:29
Cryptocurrency Is A Bubble: What's Next? Is cryptocurrency a fraud? Jamie Dimon thinks it is, but I disagree and think cryptocurrency will grow and grow.
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Why $1 Million Aint' What It Used To Be

Forbes - 18 Sep 2017 19:08
Why $1 Million Aint' What It Used To Be Once, having $1 million meant you were rich. Not so much anymore. Why is that, and what can you do about a wealth shortfall?
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ICICI Lombard IPO subscribed 98% on Day 2

livemint.com - 18 Sep 2017 17:51
ICICI Lombard IPO subscribed 98% on Day 2 The ICICI Lombard IPO shares reserved for institutional investors was subscribed 2.37 times, while those set aside for retail investors saw 62% subscriptions
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Boeing Flies To Record Altitude, Here's How To Trade It The Dow Jones Industrial Average set another all-time intraday high on Friday helped by Boeing, which also set its altitude record. Here's how to trade the giant aircraft maker.
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Bitcoin Surpasses $4,000 As Cryptocurrencies Rise In Value Does Bitcoin's recent rise over $4,000 point to the cryptocurrency's continued strength?
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Sebi allows REITs, InvITs to raise funds through bonds Sebi has approved an amendment to REITs and InvITs regulations to raise funds by issuing debt securities in order to facilitate growth of such trusts
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Caterpillar Bulldozed To An All-Time High On Friday, Here's How To Trade It Now While the Dow Jones Industrial Average set another all-time intraday high on Friday, Caterpillar was plowing its way to an all-time high of its own. Here's how to protect your gains.
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Khadim receives Sebi approval for IPO

livemint.com - 18 Sep 2017 17:08
Khadim receives Sebi approval for IPO Khadim India has received approval from the Securities and Exchange Board of India (Sebi) to raise an estimated Rs550-650 crore through an IPO
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Maybe Markets Shouldn't Be So Scared of ECB Tapering After All

Wall Street Journal - 18 Sep 2017 17:05
For markets fretting about a world with less central-bank stimulus, Portugal has given a hint that it might not be that bad after all.
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The Untold Reason Why Stocks Keep Climbing

Forbes - 18 Sep 2017 17:02
The Untold Reason Why Stocks Keep Climbing The financial media is churning out doom-and-gloom stories 24/7--and that's keeping many folks on the sidelines when they should be buying.
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US Fed seen staying on track for December rate increase: The US Federal Reserve will leave interest rates unchanged at its meeting this week and is expected to begin winding down their $4.5 trillion balance sheet in October
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A $15 Billion Merger at Risk From Shareholders Who Don't Vote

Wall Street Journal - 18 Sep 2017 16:44
The merger of chemical giants Huntsman and Clariant could trip up on weak turnout in a Swiss shareholder vote.
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New India Assurance IPO gets Sebi approval

livemint.com - 18 Sep 2017 16:42
New India Assurance IPO gets Sebi approval According to the draft papers, the government will be selling 9.6 crore shares, whereas New India Assurance itself will be selling 2.4 crore shares through the IPO
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The Dow, S&P 500 And Nasdaq Set All-Time Intraday Highs, Here Are Targets For 9 Global Averages Investment strategies for the Dow, S&P 500 and seven other global indexes.
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How To Protect Yourself From The Next Equifax Financial Scam Financial scammers want to cash in on the Equifax credit breach. Here's how to stop them in their tracks and protect your money.
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