Market News
GIC Re IPO fully subscribed on final day
livemint.com - 13 Oct 2017 09:38
As of 1.10pm, the portion of shares reserved for institutional investors in the GIC Re IPO saw a subscription of 1.79 times
Netflix's Revenues Set To Grow As Subscriber Base Swells
Forbes - 13 Oct 2017 19:58
Netflix is set to announce its third-quarter results on Monday, October 16. While competition among over-the-top streaming services is intensifying, we expect Netflix to report growth in revenues and subscribers across b...
What Factors Will Drive Johnson & Johnson's Q3 Earnings?
Forbes - 13 Oct 2017 19:40
Johnson & Johnson will report its Q3 2017 earnings on October 17, and we expect the company to post solid numbers, owing to three primary factors - a ramp up in key oncology drug sales, the Actelion acquisition, and fore...
What's behind Reliance Jio's surprise Arpu, revenue and profit?
livemint.com - 13 Oct 2017 18:40
Reliance Jio's results raise more questions than answers, and the true picture of its finances is yet to emerge
Sebi bans Swasata Steel Industries, 7 directors from market
livemint.com - 13 Oct 2017 18:17
Swasata Steel Industries and seven of its directors have been barred by market regulator Sebi from the securities market for illegal fundraising
What a Shocker: General Electric Is Becoming Attractive
Wall Street Journal - 13 Oct 2017 17:59
Investor expectations for General Electric are low. GE should consider lowering them further as an ugly year gets worse.
Favorable Interest Rate Environment Boosts JPMorgan
Forbes - 13 Oct 2017 17:55
JPMorgan Chase's results for the third quarter of the year, announced on Thursday October 12, painted a largely positive picture of the banking industry over the period and gave investors a good idea of what to expect fr...
Dena Bank raises over Rs401 crore via QIP
livemint.com - 13 Oct 2017 17:42
Dena Bank said it has raised Rs401.26 crore by issuing equity shares at Rs29.30 per share through qualified institutional placement (QIP) route
Inflation Unfriends the Fed
Wall Street Journal - 13 Oct 2017 17:32
Low inflation is making the Federal Reserve's plan to raise rates one more time this year look a bit iffy.
Nike Trips On A 'Death Cross,' Sets 2017 Low As The Dow Sets All-Time High
Forbes - 13 Oct 2017 17:18
Dow component Nike is slipping into correction territory, 16% below its post election high. Here's how to trade it now.
Legal Troubles Take A $1 Billion Bite Out Of Wells Fargo Third Quarter Earnings
Forbes - 13 Oct 2017 16:46
Wells Fargo is still reeling from the legal issues that have slammed its reputation: it reported Friday that litigation costs took a $1 billion bite out of its third quarter profit. As a result, Wells shares are falling ...
Wells Fargo Falls Further Behind
Wall Street Journal - 13 Oct 2017 16:33
Wells Fargo's third-quarter earnings were a disappointment. Far from digging itself out of trouble, the bank is making a deeper hole.
What's Old Is New Again at HP
Wall Street Journal - 13 Oct 2017 16:31
About to close out its best showing in years, the question naturally hanging over HP Inc. is whether the storied tech company can pull off a repeat performance.
IWAI raises Rs660 crore through bonds
livemint.com - 13 Oct 2017 16:13
The Inland Waterways Authority of India has raised Rs660 crore through a bond sale to finance the development of national waterways
Why The Strong Market? Fewer Shares
Forbes - 13 Oct 2017 15:55
A key, often-ignored reason, for the stock market rally is the decrease in the number of shares thanks to corporate buybacks and mergers
PNC Financial's profit beats estimates on higher interest income
CNBC - 13 Oct 2017 15:42
Regional lender PNC Financial Services reported a stronger-than-expected profit as higher interest rates boosted the bank's income.
Gold prices slip on subdued demand
livemint.com - 13 Oct 2017 15:19
Standard gold (99.5 purity) dropped by Rs120 to close at Rs29,675 per 10 grams from Thursday's level of Rs29,795
Wells Fargo shares fall 3% on disappointing revenue, higher legal costs
CNBC - 13 Oct 2017 14:00
Wells Fargo reports third-quarter revenue that missed expectations, sending shares lower.
Global gold prices set for first weekly gain in five weeks
livemint.com - 13 Oct 2017 13:15IWAI raises Rs660 crore through bonds
livemint.com - 13 Oct 2017 13:13
The Inland Waterways Authority of India has raised Rs660 crore through a bond sale to finance the development of national waterways
The super-powered brains of F1 drivers
CNN - 13 Oct 2017 12:22
Dubbed "super performers," it turns out under close examination that Formula One drivers aren't like you and me.
Bank of America earnings top Wall Street estimates, but shares fall
CNBC - 13 Oct 2017 12:14
Bank of America is set to report third-quarter earnings. Here's what Wall Street is expecting from the banking giant.