Market News
Ackman Pitches ADP, Herbalife, Fannie Mae At Dallas Investor Conference
Forbes - 4 Oct 2017 22:27
Ackman gave best theses at high-priced event featuring Thomas Russo and David Einhorn
Why Google's Gadgets Are Worth the Reach
Wall Street Journal - 4 Oct 2017 22:04
Expanding product lineup helps the web giant get services into more hands.
Intel Shouldn't Worry Too Much About Apple's Chip Ambitions
Forbes - 4 Oct 2017 21:33
Industry experts and analysts have talked for some time now about Apple contemplating manufacturing its own chips. Recently, an article in Nikkei Asian Review touched on this topic, citing Apple's acquisitions in recent ...
Market round-up: State bonds don't reflect finances of states
livemint.com - 4 Oct 2017 20:41Why F5 Networks' Stock Is Worth $135
Forbes - 4 Oct 2017 19:33
F5 Networks has reported steady growth in revenues over the last few years, driven by robust demand for its offerings. The company has been one of the largest players in the application delivery networking market, comman...
Morgan Stanley Retains Top Spot In Equity Underwriting Despite Industry Headwinds
Forbes - 4 Oct 2017 18:54
The rally in global equity markets over the third quarter failed to boost equity underwriting volumes for the seasonally slow period, as companies around the globe raised $189 billion through IPOs and FPOs for the period...
ICICI Bank raises Rs475 crore via bonds
livemint.com - 4 Oct 2017 18:28
ICICI Bank alloted 4,750 Basel III compliant unsecured subordinated perpetual additional tier I bonds aggregating Rs4.75 billion on private placement basis
HR Outsourcing Growth, Improving Interest Rates Drove Paychex's Results
Forbes - 4 Oct 2017 18:22
Paychex announced its Q1 fiscal 2018 results on October 3, reporting a 4% annual increase in its revenues to $817 million. While the majority of the top line growth was driven by strong demand for HR outsourcing solution...
FDI proposals of Wockhardt, Coastal Local Area Bank, KPB Holdings approved
livemint.com - 4 Oct 2017 17:57
KPB Holdings and Coastal Local Area Bank have received DIPP's approval for issuance of shares to NRIs, Wockhardt can now issue ESOPs to NRIs
Rich Dividends From 2 Retailers On The Mend
Forbes - 4 Oct 2017 17:31
Don't count out the ability of incumbent retail giants to adapt to the new Millennial-focused era.
Curb Your Enthusiasm About the Jobs Report
Wall Street Journal - 4 Oct 2017 17:26
The way the stock market reacts to Friday's jobs report may say more about the stock market than it does about jobs.
How A Slower Than Expected Production Ramp For Model 3 Could Impact Tesla's Stock
Forbes - 4 Oct 2017 17:10
Tesla published its production and delivery figures for Q3 2017, indicating that it manufactured just 260 Model 3 cars since it began production in late July, well below its guidance of 1,500 units.
Investor Asset Allocation: Equity Rebounds, Fixed-Income Dips
Forbes - 4 Oct 2017 17:00
Equity allocations among individual investors rebounded to a three-month high last month, according to the September AAII Asset Allocation Survey.
Even Tougher Choices Ahead for Teva After FDA Shocker
Wall Street Journal - 4 Oct 2017 16:43
A surprise move from the Food and Drug Administration means that a recovery for Teva Pharmaceutical Industries just got much more difficult.
RBI gives foreigner investors reasons to cheer in monetary policy review
livemint.com - 4 Oct 2017 16:20
RBI said in its policy review that a detailed review of rules on overseas investment in debt markets will be conducted by policy makers
I Would Keep Selling Tesco As Sales Slow Again
Forbes - 4 Oct 2017 16:20
The warnings signs are back at Tesco as sales slip again in the most recent quarter. What should you do?
Gold price dips on subdued demand, silver recovers
livemint.com - 4 Oct 2017 16:19
Standard gold (99.5 purity) fell by Rs75 to close at Rs29,425 per 10 grams from Tuesday's level of Rs29,500 in Mumbai
Bonds slide in India after RBI holds rates
livemint.com - 4 Oct 2017 16:15
After the RBI kept interest rates unchanged, the yield on the benchmark 6.79% bonds due 2027 climbed six basis points to 6.70% while the rupee rallied 0.8% to 65.01 per dollar
Secretary Ross and the Commerce Department Wrongly Conclude NAFTA Rules are Bad for the U.S.
Forbes - 4 Oct 2017 16:09
Luis de la Calle offers a rebuttal to Secretary of Commerce Ross' op-ed on NAFTA.
AT&T About To Put More Money In Your Pocket
Forbes - 4 Oct 2017 16:08
on 10/6/17, AT&T Inc (NYSE: T) will trade ex-dividend, for its quarterly dividend of $0.49, payable on 11/1/17.
RBI says fiscal stimulus can stoke inflation, imperil economic stability
livemint.com - 4 Oct 2017 15:32
RBI pointed out that farm loan waivers, combined with a fiscal stimulus , can result in a 1 percentage point slippage in fiscal deficit
Economic Forecast 2018-2019: Business Capital Spending Waits A While
Forbes - 4 Oct 2017 15:30
My overall economic forecast anticipates better growth in 2019, at which time industrial capacity will need to be expanded. For 2018, suppliers of equipment and software can focus on products that increase efficiency. In...