Market News
Cryptocurrency Bounces Back As Trader Sentiment Improves
Forbes - 20 Sep 2017 04:50
How have traders responded to the latest regulatory developments?
How the Fed's Unwind Will Ripple Through Banks
Wall Street Journal - 21 Sep 2017 00:22
The gradual wind down of the Federal Reserve's balance sheet will have far-reaching effects throughout the banking system. For the most part, major banks stand to benefit.
Bitcoin is likely to split again in November
livemint.com - 20 Sep 2017 23:44
Bitcoin is likely to splinter off again, creating a third version of the world's largest cryptocurrency as miners and developers pursue separate visions to scale its rapidly growing marketplace
Wall Street's Beginning To Look Like The End Of The Dotcom Bubble
Forbes - 20 Sep 2017 23:30
Technology rallies are usually momentum driven. And momentum rises and falls with easy money and rosy Washington politics. That's why investors should keep a close eye on both Washington and the Federal Reserve.
Follow The Money Flow For Crude Oil
Forbes - 20 Sep 2017 22:34
The crude oil market is known for its outlandish price forecasts as many rely on fundamentals to make their forecasts. It is no surprise that many of the big banks and hedge firms are often on the wrong side of crude oil...
Murky World of Drug Rebates Gets Airing in Lawsuit
Wall Street Journal - 20 Sep 2017 22:17
The closely guarded world of drug pricing is getting a public airing in a feud between two of the industry's biggest companies. The attention drawn to rebates could hurt the profits of some very successful drugs.
US Fed holds interest rates, hints at December rate hike
livemint.com - 20 Sep 2017 22:13The Fed Is Ready To Begin Chipping Away At $4.5 Trillion Balance Sheet
Forbes - 20 Sep 2017 22:03
The central bank left interest rates unchanged, as expected.
Where Is The DRAM Market Headed?
Forbes - 20 Sep 2017 21:33
The DRAM market is booming, allowing memory manufacturers like Samsung to post record quarterly profits. The near-term outlook also remains positive, amid growing demand and relatively tepid supply growth. In this note, ...
Opiant Up Nearly 30% On Favorable Zachs Report
Forbes - 20 Sep 2017 20:22The Two Sides Of Doing Nothing
Forbes - 20 Sep 2017 20:07
Complacency transforms into patience on the back of preparation.
Call It 'Fintech' and Watch the Valuation Soar
Wall Street Journal - 20 Sep 2017 19:47
China's ZhongAn insurance company wants to be seen as tech play, rather than a boring old insurer.
iPhone 8 Could Be More Lucrative For Apple Than The iPhone X
Forbes - 20 Sep 2017 19:42
While it might appear to be in Apple's best interest to maximize sales of the iPhone X given its higher price point, the iPhone 8 could actually be the most lucrative phone in the company's lineup. Below we take a look a...
UK fund sells Bank of Baroda shares worth Rs1,115 crore
livemint.com - 20 Sep 2017 18:31
Theleme Master Fund offloaded Bank of Baroda shares worth Rs1,115 crore through an open market transaction at an average price of Rs147.06
How To Trade 5 Homebuilders As Sentiment And Housing Starts Stall
Forbes - 20 Sep 2017 18:20
Builders will benefit from rebuilding and restoration projects due to Hurricanes Harvey and Irma.
Thyssenkrupp: A Success Story for European Activism
Wall Street Journal - 20 Sep 2017 18:17
Thyssenkrupp's move to join its European steel operations with those of Tata Steel paves the way for a more investor-friendly structure but investors shouldn't bank on speedy results.
Adobe's Cloud Services Boost Revenues Across Divisions Yet Again
Forbes - 20 Sep 2017 18:05
Adobe posted its fiscal Q3 results on Tuesday after market close, and its revenues increased by 26% to $1.84, once again above its guidance range. As a result, the stock price rose by close to 5% in after-market trading.
What To Make Of Bed Bath & Beyond's Q2, Guidance
Forbes - 20 Sep 2017 17:48
Bed Bath & Beyond (NASDAQ: BBBY) reported weak fiscal second-quarter results on Tuesday, September 19, as both its revenues and earnings fell short of consensus estimates, and as a result, the company's stock fell slight...
SBI Life IPO subscribed 9% on Day 1
livemint.com - 20 Sep 2017 17:21
The portions of shares reserved for institutional investors and retail investors in the SBI Life IPO were subscribed 5% and 15%, respectively
A Surprise Bump in Bad Card Loans
Wall Street Journal - 20 Sep 2017 16:57
Credit card lenders are seeing some of the highest delinquency rates in years.
Gold prices recover on renewed buying; silver surges
livemint.com - 20 Sep 2017 16:55
Gold prices recover by Rs110 to Rs29,800 per 10 grams on Wednesday, tracking a firm trend overseas amid renewed buying by jewellers demand
Reliance Capital to list home finance unit on 22 September
livemint.com - 20 Sep 2017 16:49
Reliance Capital says it will list Reliance Home Finance on 22 September on the BSE and the National Stock Exchange