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Market News

Location American Market News for 28 September 2017

CMS Info Systems files IPO papers with Sebi

livemint.com - 28 Sep 2017 14:14
CMS Info Systems files IPO papers with Sebi CMS Info Systems IPO will see a sale of 4,44,00,000 equity shares by existing shareholders
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Duterte's Philippines, Still Corrupt And Less Competitive Philippines President Rodrigo Duterte has been fighting corruption the harsh way, by killing democracy. It hasn't work.
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3 Stocks Like Apple Was 10 Years Ago: Tesla, Nvidia, And Alibaba When Apple launched the iPhone 10 years ago the stock was at $22 and Wall Street considered it overvalued. Today it trades at $153. If you are looking for stocks like Apple for the next 10 years, take a close look at Tes...
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Buffett's Synchrony Leads Gains In Financials As Fed Grows Hawkish Berkshire's latest pick jumps as Fed signals an interest rate increase
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GoPro Needs to Tame the Thrills

Wall Street Journal - 29 Sep 2017 00:25
GoPro wants to be a little boring. For investors, that is not such a bad thing.
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From Boom To Bust To ... Stability? The Future Of Oil Prices What's behind the collapse in oil prices? Commonwealth CIO Brad McMillan looks at parallels from the past to shed light on where the energy industry is going.
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All Of A Sudden, Russian Private Companies Falling To Pieces Three Russian companies have either filed for bankruptcy are on the cusp of doing so in less than a month.
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Intent is on the right track, but implementation is messy: Rajiv Biswas Asia-Pacific chief economist at IHS Economics and Country Risk Group Rajiv Biswas on why India should look at an interim stimulus package to kick-start growth
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Massachusetts Takes on the Drug Industry

Wall Street Journal - 28 Sep 2017 21:47
Massachusetts Medicaid system said it wants the right to refuse to reimburse for some drugs, citing rising costs. Investors should take note because it could imperil smaller drug companies, and other states could follow ...
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Micron's Fiscal Year Ends On A High Note

Forbes - 28 Sep 2017 21:11
Hitting record revenue, non-GAAP earnings per share, and operating cash flow, Micron reported another solid quarter.
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The Market's Helping Hand for Oil Prices

Wall Street Journal - 28 Sep 2017 21:05
A recent shift in the financial market for oil provides insights into the physical market, and could boost oil prices beyond normal impact of supply and demand.
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LIC sells 2.27% stake in Reliance Infrastructure

livemint.com - 28 Sep 2017 19:52
LIC sells 2.27% stake in Reliance Infrastructure LIC sold a 2.27% stake in Reliance Infrastructure for about Rs263 crore
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I recently caught up with Kera Van Valen, portfolio manager and senior research analyst at Epoch Investment Partners, to discuss her firm's investment strategies and some of the companies she currently favors.
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Sebi mulls continuous listing norms for stricter oversight Sebi is looking to set up a working group to study the various aspects of creating a framework for continuous listing norms
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Bengaluru, Delhi, Mumbai top in prime office rental yields globally: report In the list of 34 leading international markets, Bengaluru topped the table with 10% prime office yields followed by Delhi at 9.20% and Mumbai 8.50%
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GST collection worries misplaced: UBS report

livemint.com - 28 Sep 2017 17:26
GST collection worries misplaced: UBS report UBS report says even if the GST refund and credit claims are deducted, full-year revenue could still be in line with or very near the budgeted amount
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HG Infra files IPO draft papers with Sebi

livemint.com - 28 Sep 2017 17:13
HG Infra files IPO draft papers with Sebi HG Infra IPO comprises fresh issue of equity shares worth Rs300 crore besides an offer of sale 60 lakh scrips by the existing shareholders
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Meet The CEO Who Says Excessive CEO Pay Is Trashing America -- And Hurting Investors Steven Clifford is on a campaign to reign in excessive pay packages--and restore American income equality.
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H&M's Old Formula Needs a New Look

Wall Street Journal - 28 Sep 2017 17:00
Fashion retailing giant H&M has opened over 40 new stores this year in the U.S. and China, the two markets shifting most rapidly online.
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RBI increases foreign investment limits for sovereign bonds RBI will increase limits for long-term investors in government bonds by Rs6,000 crore and for general investors by Rs2,000 crore
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Screen Blues Aren't Over for Many of Apple's Suppliers

Wall Street Journal - 28 Sep 2017 15:46
Display makers such as Japan Display, LG Display and Sharp are falling behind in the screen arms race as Apple shifts to OLED technology.
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Gold prices plunge Rs250 on global cues, low demand

livemint.com - 28 Sep 2017 14:26
Gold prices plunge Rs250 on global cues, low demand Gold prices fall Rs250 to Rs30,750 per 10 grams at the bullion market , largely on weak trend overseas amid waning demand from local jewellers
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