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Market News

Location American Market News for 5 October 2017
Yum China Holdings quarterly same-store sales beat estimates, and the company said its CEO Micky Pant would step down.
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You don't respond to supply shocks by adding demand: JPMorgan's Jahangir Aziz On India's state of economy, trigged by the slowest GDP rate of 5.7% in three years, JPMorgan Chase chief Asia economist Jahangir Aziz says both policymakers and analysts haven't got the diagnosis right
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General Motors recently announced that it is working towards "an all-electric future" with zero emission vehicles. The company is introducing two new all electric vehicles in the next eighteen months, which will incorpor...
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European regulators are turning up the heat on bad loans and Italy's banks will feel it most.
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Our focus was on boards, auditors and the regulator, says Krishnamurthy Subramanian Krishnamurthy Subramanian, a member of the Sebi panel, says that the committee was focused on the three gatekeepers of corporate governance--board, auditors and the regulator
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Market round-up: Lower coal imports hurt business at ports In other news, Australia's stock market shrank this decade; second-hand ship sales boost recovery hopes
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Is The Housing Market Rally Over? Or More Room To Run? The housing market has been rallying nicely since housing prices bottomed in late 2011. It is important to keep in mind that the housing bubble (from the early 2000's) helped create the 2008-2009 financial crisis and the...
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How Facebook Plans To Improve Revenue And Engagement Levels Going Forward Facebook (NASDAQ: FB) has been facing somewhat of a "context collapse," as many users have been less willing to share data and personal content in the face of increasing advocacy for privacy. This could potentially erode...
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Largest U.S. Banks Captured Over 36% Of Global Equity Capital Market In Q3 There was a visible decline in the volume of global equity capital market deals over Q3 2017 compared to Q2 2017 - something that can be partially attributed to the fact that the third quarter is a seasonally weak period
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Two Techs And Two Biotechs Breaking Out

Forbes - 5 Oct 2017 18:24
Here are two biotech and two tech stocks that are breaking out technically.
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SBI Life shares slip below IPO price

livemint.com - 5 Oct 2017 16:55
SBI Life shares slip below IPO price Shares of SBI Life Insurance on Thursday fell by over 1% at Rs692 to settle below its issue price Rs700
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Fullerton India raises Rs500 crore from IFC through masala bonds IFC has invested Rs500 crore in 5-year unrated masala bond issuances of Fullerton India
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Gold prices recover modestly on global cues, silver slips Gold prices recovered modestly by Rs20 per 10 grams at the bullion market in Mumbai on fresh demand from stockists and retailers amid bullish global cues
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Dhanteras: NSE extends trade in gold ETFs, sovereign gold bond NSE is conducting an extended live trading session on Dhanteras, which falls on 17 October, for trading in gold ETFs and sovereign gold bonds
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Munis For Dotards

Forbes - 5 Oct 2017 15:30
Munis For Dotards Nuveen, Alliance Bernstein, Wells Fargo. Is your muni bond manager dumping garbage into your portfolio?
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Market Bets On Catalonia's Split From Spain Investors are giving up on Spain as Catalonians win the sympathy vote, even in Germany.
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Looking for Bubbles in All the Wrong Places

Wall Street Journal - 5 Oct 2017 15:21
A key European junk-bond index yields less than 10-year U.S. Treasurys, the global benchmark for risk. It's worth looking a little closer at this apparent through-the-looking-glass moment.
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The Jones Act Is One Of Many Dead Weeds That Hold Our Economy Back The Jones Act is a good example of well-intentioned laws that have outlived their usefulness.
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Over 50% of large-cap equity funds underperform their indices More than 50% of the large-cap and mid/small equity funds underperform their respective benchmark indices for one year period ending 30 June, says a report
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Gold prices slump by Rs225 on muted demand from jewellers Gold prices fall by Rs225 to Rs30,375 per 10 gram on muted demand from local jewellers even as the metal strengthened overseas
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Gold prices little changed in quiet trade ahead of US jobs data Gold prices hold within a tight trading range as the US dollar remains firm on strong US services sector growth, with markets awaiting the key US non-farm payrolls report
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Godrej Agrovet IPO subscribed 89% so far on second day Godrej Agrovet IPO received bids for 16,045,056 shares against the total issue size of 18,027,464 shares, as of 12.30pm
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