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Market News

Location American Market News for 24 October 2017
General Motors reported third-quarter earnings and revenue that beat analysts' expectations.
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New India Assurance IPO to open on 1 November

livemint.com - 24 Oct 2017 10:26
New India Assurance IPO to open on 1 November New India Assurance IPO comprises sale of 9.6 crore shares by the government, besides fresh issue of 2.4 crore shares
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China Is Catching Up With America's Silicon Valley China and America top the unicorn list.
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The stock is down 18 percent this year as AT&T awaits regulatory approval to close an $85 billion deal to acquire Time Warner.
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Chipotle Mexican Grill shares tumbled after the restaurant chain reported quarterly earnings that missed analysts' expectations.
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Market round-up: China's steel output growth slows in September In other news, global bond funds find a new target in India; IEA sees South-East Asia oil demand growing
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How Corning Beats Cisco Systems

Forbes - 24 Oct 2017 21:39
How Corning Beats Cisco Systems Corning's innovation strategy, which is based on nurturing talent, beats Cisco's strategy -- talent acquisition.
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Mahindra Logistics seeks Rs3,000 crore valuation in IPO Mahindra Logistics has set a price band of Rs425-429 per share for the IPO, which values it at Rs3,023-3,052 crore
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Tax Cut Plan May Help Boost Value Stocks

Forbes - 24 Oct 2017 20:35
Tax Cut Plan May Help Boost Value Stocks What investors can expect from the tax cuts
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Wells Fargo's Preferred Stock, Series A Shares Cross 6% Yield Mark In trading on Tuesday, shares of Wells Fargo & Co.'s 6.375% Cumulative Perpetual Preferred Stock, Series A (NYSE: WFE.PRA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5938), with sha...
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WeWork's Lord & Taylor Deal: Savvy Move or Top of the Market?

Wall Street Journal - 24 Oct 2017 20:05
Real estate startup WeWork is buying Lord & Taylor's flagship New York City location for $850 million and intends to convert the landmark building into its office headquarters. Heard on the Street examines the pros and t...
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Comcast's Revenues Likely To Grow Despite Subscriber Losses Comcast is scheduled to report its Q3'17 earnings on October 26th. In the first half of 2017, Comcast's consolidated revenues grew by 9% and operating profit grew by 11.4%.
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Key Trends That Drove T-Mobile's Q3

Forbes - 24 Oct 2017 19:55
T-Mobile U.S. posted a stronger than expected set of Q3 2017 results, driven by its growing subscriber base and strong service revenue growth. The continued momentum comes despite mounting competition from market leaders...
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We have revised our price estimate for Abbott Labs' stock upwards to $49 in light of its recently announced third quarter results.
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5 Short-Term Investing Solutions For The Risk Averse What to do with the money you want to use in the next five to 10 years.
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Energy Transfer Equity Crosses Critical Technical Indicator In trading on Tuesday, shares of Energy Transfer Equity LP (NYSE: ETE) entered into oversold territory, changing hands as low as $16.37 per share.
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HDFC Bank Q2: Rising NPAs a smudge on an otherwise stellar record HDFC Bank has reported a cool 20% growth in profit and an eye-popping 22% credit growth in Q2 when the rest of the banking industry is struggling to reach even mid-single digits
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Ex-Dividend Reminder: Coca-Cola Bottling Consolidated, Williams Sonoma and Signet Jewelers Coca-Cola Bottling Co. Consolidated will pay its quarterly dividend of $0.25 on 11/10/17, Williams Sonoma Inc will pay its quarterly dividend of $0.39 on 11/22/17, and Signet Jewelers Ltd will pay its quarterly dividend ...
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Ahead of IPO, Reliance Nippon AMC gets Rs462 crore from anchor investors Reliance Nippon has finalised allocation of 1,8,360,000 equity shares to 24 anchor investors at Rs252 each totalling Rs462.67 crore
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President Trump's Trickle-Down Tax Cuts Further Fuel Economic Inequality As presidential candidate, Trump committed to penalizing companies that relocate or build new facilities offshore. As president, he wants to reward those same companies with a tax holiday on the profits they earned while...
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How Our Choice In Music Moves The Stock Market (Or Not) As with dieting, exercising, and balancing your checkbook, there are no reliable shortcuts to success with disciplined long-term investing. Diversify your investments appropriately across stocks, bonds, and cash.
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3M tops Street third-quarter forecasts

CNBC - 24 Oct 2017 15:51
3M on Tuesday reported a third-quarter profit of $1.43 billion.
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