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Market News

Location American Market News for 22 November 2017
HP Inc. Continues To Outperform The PC and Printing Industry HP Inc. announced its fiscal Q4 results on Tuesday, November 21. The results were in line with our expectations, as both the Personal Systems and Printing divisions reported growth in revenues and improvements in both ma...
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Who Needs a Tax Cut? Companies Are Spending Anyway

Wall Street Journal - 22 Nov 2017 19:50
Tax cut or no tax cut, companies could be spending a lot more money in the year ahead.
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Building on its strong growth momentum over the last few years, Salesforce reported record revenue and earnings for Q3. Innovation and solid execution has enabled Salesforce to grow faster than the market by expanding it...
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In October, Amazon was reported to be testing out its own delivery service - Amazon Seller Flex - in an attempt to reduce its reliance on third-party logistics companies, and increase the amount of third-party merchandis...
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EPFO meet today to decide on exit policy for equity investments The EPFO will decide an exit policy for its equity investments but is not going to decide on the EPF interest rate for 2017-18 in the meeting, says labour secretary M. Sathiavathy
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Good as It Gets for Deere Stock

Wall Street Journal - 22 Nov 2017 19:49
More strong results for agricultural giant, but stock rally is aging.
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Last week, BlackBerry said that it had entered into an agreement with Teletry, a unit of patent licensing company Marconi Group, to sub-license its patents to global smartphone vendors.
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Thanksgiving For Investors: Finally Getting Paid To Own Safe Assets The rise in short-dated yields in the US has brought joy back to savers. Investors can finally earn a positive inflation-adjusted return. What are the implications for risk assets?
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The Significance Of Wal-Mart's Move Into High-End Fashion Wal-Mart recently announced that it will be selling Lord & Taylor's products on its website from early 2018. The interesting part of this partnership is that Lord & Taylor will have a dedicated store on Wal-Mart's websit...
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BIS to frame hallmark standards for 24 carat gold jewellery Consumer affairs minister Ram Vilas Paswan says the BIS has been asked to frame hallmarking standards for jewellery made from 24 carat gold
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Who Knew the Paint Industry Could Be This Exciting?

Wall Street Journal - 22 Nov 2017 17:41
The otherwise quotidian world of paint is turning into a feeding frenzy of merger activity. Money is to be made betting on the prime targets.
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U.K. Budget Shifts Course

Forbes - 22 Nov 2017 17:22
U.K. Budget Shifts Course Will the measures announced in today's Budget help to address the UK's productivity challenge?
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EPFO relaxes norms for pensioners to file life certificates The new EPFO norms allow pensioners to submit physical life certificates and those who have not submitted Jeevan Parmaan digitally even once, can do so within this month
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Ex-Dividend Reminder: CenturyLink, MKS Instruments and Matthews International CenturyLink Inc will pay its quarterly dividend of $0.54 on 12/11/17, MKS Instruments Inc will pay its quarterly dividend of $0.18 on 12/8/17, and Matthews International Corp will pay its quarterly dividend of $0.19 on 1...
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UBI gets Sebi approval for Rs1,000 crore equity issue via QIP The United Bank of India (UBI ) approved allotting over 5.49 crore shares to qualified institutional buyers at issue price of Rs23.22 per share
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Gold, silver recover on renewed demand in Mumbai

livemint.com - 22 Nov 2017 16:57
Gold, silver recover on renewed demand in Mumbai Standard gold (99.5 purity) rose by Rs80 to finish at Rs29,440 per 10 grams from Tuesday's level of Rs29,360 in Mumbai
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Guess released its third quarter fiscal 2018 results on November 21. The company's revenues grew by 3% to $554 million while its operating income grew by 33% to $36 million. As expected, Guess' performance was boosted by...
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Meg Whitman's Latest Turn Signal

Wall Street Journal - 22 Nov 2017 16:37
Hewlett Packard shareholders should be used to the fact by now that Meg Whitman sometimes changes her mind. That doesn't always work out too badly.
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Electronic Arts Can Come Back From the Dark Side

Wall Street Journal - 22 Nov 2017 15:26
Loss of "Star Wars Battlefront II" microtransactions is manageable for Electronic Arts in light of strong digital growth overall.
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Sundram Fasteners Board gives nod to raise upto Rs500 crore through NCDs Sundram Fasteners says its Board of Directors have given its consent to raise funds through issue of NCDs not exceeding Rs500 crore on Private Placement basis
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Sensex, Nifty post gains for fifth day, Adani Ports, HDFC, SBI top gainers BSE Sensex and NSE Nifty closed on the upside for the fifth day on Wednesday as upbeat Asian shares and a record close in the US created room for buoyancy
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To buy, or rent a home, that is the question

livemint.com - 22 Nov 2017 13:32
To buy, or rent a home, that is the question How does one decide whether to buy a house now, later, or rent it instead? Good price and affordability are not sufficient reasons to buy a property. Find out why
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