Market News
This Market Is So Crazy Liquid, Even Belarus Is Getting Soaked
Forbes - 25 Oct 2017 16:29
American investors really looking downwind for new securities. This baby out of Belarus gets four times over-subscribed.
Gold prices fall by Rs165 on weak global cues
livemint.com - 25 Oct 2017 15:21
Standard gold (99.5 per cent purity) declined by Rs165 to close at Rs29,310 per 10 grams from Tuesday's closing level of Rs29,475 in Mumbai
India's Big Bank Boost Can't Afford to Fail
Wall Street Journal - 25 Oct 2017 14:55
India has finally sent its flailing state-owned banks the big lifeboat they need. Investors should jump aboard cautiously.
Upbeat Third Quarter Earnings Prompts A Rise In 3M's Stock
Forbes - 25 Oct 2017 22:16
The positive sentiment surrounding 3M this year continued in the third quarter, with both sales and earnings exceeding expectations. Earnings of $2.33 per share were up over 8% year-on-year, and beat consensus estimates ...
How To Play In The Have, Have-Not Game
Forbes - 25 Oct 2017 22:10
Be a have. Think like the Kochs, David and Charles, who eerily model themselves on John D. Rockefeller. He also strived to control the legislative process at state level, and kept his refineries at full tilt while pursui...
Sensex at record, new data signal a revival in sentiment
livemint.com - 25 Oct 2017 20:48
Sensex breaches 33,000-mark for the first time as investors and analysts cheered the bank recapitalisation plan and road construction push to kickstart economic growth recovery
Ross Stores Shines Like A Diamond In Rough-And-Tumble Retail
Forbes - 25 Oct 2017 20:17
This firm has proven its ability to succeed in a market where many competitors are fighting for survival. The firm's efficient distribution of off-price luxury brands to value conscious consumers has proven to be a resil...
Microsoft's Revenues Set To Grow As Cloud Services Continue To Gain Traction
Forbes - 25 Oct 2017 19:55
Microsoft is set to announce its Q1 FY 2018 earnings on Thursday, October 26. The company continues to implement its "mobile first, cloud first" strategy, which led to 9% growth in its revenues in Q4 2017.
Express Scripts Only Looks Cheap
Wall Street Journal - 25 Oct 2017 19:50
The pharmacy-benefits manager has a low valuation but that masks challenges including growth, regulation and competition.
How AMD Can Hurt Intel
Wall Street Journal - 25 Oct 2017 19:42
Intel Corp. is so big that rival Advanced Micro Devices can hardly dent its business. But good news at AMD can make investors question their optimistic outlook for the chip giant.
Short Interest In Blackrock Falls 16%
Forbes - 25 Oct 2017 19:19
The most recent short interest data has been released for the 10/13/2017 settlement date, which shows a 276,736 share decrease in total short interest for Blackrock Incorporated (NYSE: BLK), to 1,464,212, a decrease of 1...
HDFC Standard Life IPO to launch on 7 November
livemint.com - 25 Oct 2017 18:22Iran Should Go For Gold, Not A Currency Reform Illusion
Forbes - 25 Oct 2017 18:15
Last December, the Iranian government passed a bill to rename its national currency from the rial to the toman. This would require a redenomination in which a zero was lopped off Iran's unit of account. But, without mone...
'Tech Savvy' Helps Belarus Find Foreign Capital, New Markets
Forbes - 25 Oct 2017 17:42
Belarus successfully floated its first ever corporate bond by grocery chain Eurotorg. The country may have more to offer investors than meets the eye. Tech companies seem especially game.
Investors Grab Annaly Capital Management Even Cheaper Than Its Secondary Stock Offering
Forbes - 25 Oct 2017 17:23
In trading on Wednesday, bargain hunters could buy shares of NLY and achieve a cost basis 2.3% cheaper than those buyers, with shares changing hands as low as $11.72 per share.
A Common Sense Defense Of Active Investing
Forbes - 25 Oct 2017 17:17
Indexing may be the leading trend now, but there'll always be opportunities for creative, independent thinkers to beat the market.
Government to sell 5% stake in NLC India Ltd at Rs94 per share
livemint.com - 25 Oct 2017 17:12
The government's disivestment dept DIPAM has approved sale of 3% equity shares of NLC India Ltd as a base offer, with an option to sell an additional 2%
Bag This Bargain 5.3% Yielder Even Cheaper Than EVP & Chief Financial Officer Lown Did
Forbes - 25 Oct 2017 16:45
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on October 20, Navient Corp's EVP & Chief Financial Officer, Christian M. Lown,...
International Business Machines Becomes #1 Most Shorted Dow Stock, Replacing Wal-Mart Stores
Forbes - 25 Oct 2017 16:45
In our new rank based on the most recent short interest data, International Business Machines Corp (NYSE: IBM) has taken over the position of #1 most shorted Dow component, from Wal-Mart Stores, Inc. (NYSE: WMT) which is...
Ex-Dividend Reminder: Golar LNG Partners, Celanese and USA Compression Partners
Forbes - 25 Oct 2017 16:44
Golar LNG Partners LP will pay its quarterly dividend of $0.5775 on 11/14/17, Celanese Corp will pay its quarterly dividend of $0.46 on 11/9/17, and USA Compression Partners LP will pay its quarterly dividend of $0.525 o...
New India Assurance IPO's price band set at Rs770-800 per share
livemint.com - 25 Oct 2017 15:59
The price band of Rs770-800 for the New India Assurance IPO values the state-owned insurance company at Rs64,392-67,940 crore
Northrop's revenue beats, raises 2017 profit forecast again
CNBC - 25 Oct 2017 15:54
Northrop Grumman beat Wall Street estimates for revenue in the third quarter and raised its 2017 profit forecast for the third time as aircraft sales rose.