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Market News

Location American Market News for 16 October 2017
Berkshire Hathaway And 6 Other Piggyback Stocks To Profit From Seven buy list stocks from some of the greatest value investors.
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IBM's Blockchain 'Cross-Border' Payments Initiative With Silicon Valley Firm To Drive Efficiencies IBM - 'Big Blue' - has announced a new regional cross-border blockchain payments solution with a Silicon Valley based partner and blockchain services firm to slash the cost of making global payments for banks and custome...
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New Sebi panel to review stock exchange norms

livemint.com - 16 Oct 2017 22:51
New Sebi panel to review stock exchange norms Sebi's review of stock exchange norms assumes significance in the wake of MCX and BSE getting listed and a likely NSE IPO next year
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Credit Suisse cut its third-quarter EPS estimates by 5 percent, citing CBS' softer Sunday NFL ratings.
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Qualcomm had a busy week on the legal front after it was fined about $773 million by the Taiwanese government, which accused it of licensing its standard-essential patents in an unfair manner.
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Wells Fargo's Shrinking Loan Portfolio, Swelling Expense Ratio Remain A Drag On Earnings Wells Fargo reported underwhelming results for the third quarter of the year late last week, as the third-largest U.S. bank in terms of assets missed revenue expectations and barely met earnings expectations as it contin...
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The T-Mobile and Sprint merger appears to be on track, with Nikkei reporting that Sprint's parent company Softbank has reached a broad agreement to merge Sprint with T-Mobile U.S., while noting that a deal could be annou...
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What Drove Samsung's Record Quarter?

Forbes - 16 Oct 2017 21:39
Samsung Electronics recently published its Q3 2017 earnings guidance, projecting record operating profits for the second straight quarter, likely driven by soaring memory prices, strong demand for its display components ...
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Citigroup's Geographical Diversification Helped Its Q3 Results Citigroup recently reported results for the third quarter of 2017 that were comfortably ahead of investor expectations. The earnings beat was primarily because of strong gains in Citi's global retail banking operations (...
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Big Banks Big Favorites To Win Fintech Revolution Large incumbent financial firms will continue to control the bulk of the value in the industry, but the structure of the value chain and the way these firms compete will change drastically.
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What global finance chiefs are saying about the world economy As IMF forecast better global economic growth, central bankers feel improved expansion will ignite inflation
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Govt debt limit auction attracts strong demand from FPIs Government bonds attracted bids worth over $1 billion from foreign portfolio investors in an auction of investment limits for such securities, much higher than the $763 million on offer
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Cement Company Should Go With Solid Choice

Wall Street Journal - 16 Oct 2017 17:37
Bull markets bring riches and temptation alike. Materials investors ought to be wary of the latter.
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Four Falling Knifes Worth Catching

Forbes - 16 Oct 2017 16:59
Four Falling Knifes Worth Catching These stocks lost ground in the third quarter but look attractive going forward.
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How To Trade Caterpillar, McDonald's And 2 Other Dow Components Before Reporting Earnings These four stocks hit postelection highs last week. Here's how to trade them before they report third quarter earnings next week.
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Reliance Nippon Life AMC's IPO proceeds to fund inorganic growth: Official The IPO of Reliance Nippon Life AMC, a joint venture of Reliance Group and Japan's Nippon Life, aims to raise around Rs1,500 crore through its proposed IPO
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Sebi sets norm for physical settlement in commodity derivatives Sebi asks stock exchanges to prefer physical settlement system for commodity derivatives contracts as it will help hedgers manage risk better and curb excessive manipulation
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Momentum Is Rising Around The World For 9 Major Global Equity Averages Here are investing strategies of nine global indexes.
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Gold prices up Rs185 on renewed buying, silver crosses Rs40,000 mark Gold prices rose by Rs185 while silver recaptured the Rs40,000 per kg mark by climbing Rs255 on increased offtake by industrial units
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BSE to auction investment limits for Rs10,500 crore corporate bonds on Tuesday The corporate bond auction for foreign investors will be conducted on BSE's ebidxchange platform from 3.30pm to 5.30pm Tuesday
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Drugstore Favorites May Be Catching the Common Consumer Cold

Wall Street Journal - 16 Oct 2017 14:42
Customers may be starting to shop for over-the-counter drugs in the same way they shop for groceries--with a keener eye for cost and content--and this could be painful for consumer-health companies.
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HDFC Standard Life receives Sebi approval for IPO

livemint.com - 16 Oct 2017 14:18
HDFC Standard Life receives Sebi approval for IPO HDFC Standard Life receives approval from the Securities and Exchange Board of India (Sebi) to raise an estimated Rs7,500 crore through an initial public offering (IPO)
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