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Market News

Location American Market News for 21 November 2017

Is it good to take instant credit for buying online?

livemint.com - 21 Nov 2017 13:28
Is it good to take instant credit for buying online? While many use credit cards for daily shopping on e-commerce portals, ICICI Bank and Paytm have joined hands to let those without credit cards avail the same benefit. We examine tis facility
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By How Much Can AMD Boost Its Value By Focusing On AI? Intel currently dominates the server (or data center) market, but the advent of artificial intelligence and machine learning has opened up doors for graphics maker Nvidia . The company has seen strong growth lately due t...
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How Did Chinese Wireless Carriers Fare In October? October turned out to be a strong month for the Chinese wireless industry, with the three major carriers together adding close to 10 million subscribers. China Telecom , the smallest of the three wireless players fared t...
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Salesforce beat analysts' estimates with 39 cents in earnings per share and $2.68 billion in revenue for the quarter that ended on Oct. 31.
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Roche's hemophilia A therapy - Hemlibra - was recently approved by the FDA. This is a big win for Roche, as the drug's estimated peak sales are touted to be as high as $5 billion.
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Buffett, Klarman And Watsa Sit On Huge Cash Stockpiles Trio is prepared for market downturns
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Kohl's Shares Cross 5% Yield Mark

Forbes - 21 Nov 2017 22:14
Kohl's Shares Cross 5% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Kohl's Corp. (NYSE: KSS) were yielding above the 5% mark based on its quarterly dividend (annualized to $2.20), with the st...
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Axis Asset Management looks to raise pre-IPO fund of Rs750-1,000 crore Axis Asset Management has tied up with ASK Group for distribution of the pre-IPO fund among the latter's strong network of wealth clients
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A Closer Look At Juniper's R&D Budget

Forbes - 21 Nov 2017 21:39
A Closer Look At Juniper's R&D Budget Networking giant Juniper has long been a market leader in the networking and telecom hardware industry. However, the company has observed a slowdown in product sales in recent years, a trend observed by many IT hardware ...
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PSU banks line up QIPs after recapitalisation plan, Moody's rating upgrade After the govt announced the bank recapitalisation plan on 24 October, PSU banks have announced plans to raise more than Rs13,000 crore through QIPs as against a total of Rs8,419 crore raised in the last four years
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Jon Lagrew Strengthens Rex Jacobsen's Case For Nvidia's $310 Target Price In Rex Jacobsen's Target Price For Nvidia Is $310, Rex said that ASICs were faster than Nvidia's chips for mining bitcoin. Jon Lagrew, a Forbes reader, provided the key to understanding Nvidia's speed is not the disadvan...
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Alibaba Takes Next Step In 'New Retail' With $2.9 Billion Investment Alibaba announced its plans to invest HK$22.4 billion ($2.9 billion) for a 36% stake in Sun Art Retail Group, the largest operator of supermarkets or hypermarkets in China. In this note we take a look at how this move fi...
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Hold the Confetti for Biotech Stocks

Wall Street Journal - 21 Nov 2017 20:00
Strong biotech index performance masks investor disappointment.
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UBS is reportedly working on a new fee structure which will require its wealth management clients in the U.S. to pay more for the Swiss banking giant's services. UBS's decision makes sense given the fact that it had made...
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These 17 Stocks Are Boosting The Market, Why Investors Should Beware 1999 is a memorable year for anyone who was involved in financial markets at the time, as what followed was the first and only instance in modern US stock market history in which the broad market fell for 3 consecutive y...
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Smart Contracts On The Blockchain: Can Businesses Reap The Benefits? Companies and individuals alike can no longer avoid the hype around blockchain and crypto currencies. While all hypes should be taken with a pinch of salt, some elements of blockchain, such as smart contracts, are being ...
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Bull Market Has Long Memory of Bearish Times

Wall Street Journal - 21 Nov 2017 17:08
The dark days of the global financial crisis cast a long shadow over a key stock-market measure.
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Nasdaq opens at record on gains in technology stocks

livemint.com - 21 Nov 2017 17:06
Nasdaq opens at record on gains in technology stocks Wall Street indexes opened higher on Tuesday, with the Nasdaq hitting a record high, led by gains in technology stocks
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Small Business Saturday: Why Banks And Businesses Need To Start Playing Offense With Small Business Saturday and the holidays fast approaching, now is a perfect time for small businesses to pull out all the stops to make sure they are seen and heard.
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Switzerland Is The World's Largest Hedge Fund The SNB has bought roughly $17 billion worth of U.S. stocks so far this year. And it has no formula; it is just trying to manage its currency.
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Charles Schwab's Chief Investment Strategist, Sonders On The Markets While markets appear healthy, Sonders discusses wider asset class correlations, the importance of diversification and opportunities for selective, active management.
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Gold, silver slip on sluggish demand in Mumbai

livemint.com - 21 Nov 2017 16:14
Gold, silver slip on sluggish demand in Mumbai Standard gold (99.5 purity) dropped by Rs290 to close at Rs29,360 per 10 grams from Monday's level of Rs29,650
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