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Market News

Location American Market News for 1 December 2017

Warren Buffett's Biggest Losers

Forbes - 1 Dec 2017 23:46
Warren Buffett's Biggest Losers A few stocks in his portfolio have lower prices in strong year for the legendary investor
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The Week Ahead: How High Can The Market Forecasts Go? The stock market's strong gains over the past few weeks may have convinced some sidelined investors to finally get into the stock market but does history indicate they should be following the forecasts of Wall Street str...
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Surprise! Why Economists Can't Be Optimistic Enough

Wall Street Journal - 1 Dec 2017 22:58
The current bout of more synchronized growth around the world offers economists more reasons to be cheerful. But they find their habitual pessimism is hard to shake.
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Value Is in the Eye of the Beholder at Ulta

Wall Street Journal - 1 Dec 2017 21:02
That may have to do with the fact that investors are overwhelmingly men.
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Unlike many competitors, Under Armour has barely improved its international reach in recent years. While Nike and Adidas look for a balance between their domestic and international businesses, Under Armour has focused on...
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Netflix has seen its stock rise by nearly 60% this year, significantly outpacing the S&P 500, which is up by less than 21% year to date.
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VMware announced its fiscal Q3 earnings on Thursday, November 30, reporting an 11% annual increase in revenues to just under $2 billion.
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Companies such as General Motors are investing heavily in battery technology to launch cheaper and better electric vehicles. However, Toyota Motors is focusing on hydrogen fuel cell vehicles with its Mirai brand.
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Sentiment Survey: Earnings Growth, Tax Reform, Washington Politics, Among Investor Concerns Bullish sentiment, neutral sentiment and bearish sentiment are all within a few percentage points of their historical averages, but investors have a lot weighing on their minds.
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General Motors Tries on the Language of Silicon Valley

Wall Street Journal - 1 Dec 2017 18:20
Silicon Valley isn't just prodding General Motors into making electric cars--and soon driverless ones. It has also steered it toward a more audacious approach to setting goals.
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New BIS chief Agustin Carstens plans to train his sights on bitcoin The BIS will devote a lot of resources to virtual assets, which traditionally are called crypto-currencies
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The Secret To Safe 6% And 7% Bond Returns

Forbes - 1 Dec 2017 15:34
The Secret To Safe 6% And 7% Bond Returns Let's walk through some of the most popular fixed-income plays today - and replace each with something that yields more (with superior price upside to boot).
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Chinese Battery Champion Has Fully Charged IPO

Wall Street Journal - 1 Dec 2017 15:13
China has the world's largest market for electric cars and wants its companies to dominate globally when it comes to the batteries that power these vehicles. That makes the initial public offering of a turbocharged playe...
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Power Finance mobilises $400 million through maiden green bond Power Finance Corp. has raised $400 million through its maiden green bond issue and these funds will be used to promote renewable energy in the country
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Sensex closes 316 points lower, Nifty down 1% despite positive GDP data BSE Sensex and NSE Nifty suffered losses for a fourth straight session as upbeat second-quarter GDP numbers failed to dispel concerns over a widening fiscal deficit
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Edelweiss launches AIF focused on IPO-bound companies Edelweiss Group launches an alternative investment fund that will invest in companies looking to go public in the near-term and is targeting to raise a corpus of Rs1,750 crore for the fund
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Gold prices slump Rs150 on weak global cues, tepid demand Gold prices tumble by Rs150 to Rs30,250 per 10 gram, hit by a subdued trend overseas and falling demand from local jewellers
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Bank of France warns on bitcoin speculation

livemint.com - 1 Dec 2017 10:57
Bank of France warns on bitcoin speculation Bank of France governor Francois Villeroy de Galhau says bitcoin is in no way a currency, or even a cryptocurrency
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Bitcoin pauses below record peak, gained 55% in November Bitcoin hovers around $9,600 in volatile trade after tumbling about 15% from an all-time high this week as some investors warn of a bubble and further falls in the stratospheric cryptocurrency
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Sebi puts in framework to improve governance for mutual funds According to new Sebi norms, an independent director or independent trustee is now allowed to hold only two consecutive five-year terms
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An Update On The Santa Claus Rally

Forbes - 1 Dec 2017 06:58
An Update On The Santa Claus Rally All of the major U.S. stock indices are in confirmed uptrends with very little resistance overhead.
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IDFC Focused Equity Fund to restrict inflows in excess of Rs2 lakh lump sum IDFC Focused Equity Fund (IFEF), an open-ended diversified equity fund, has restricted inflows for amounts exceeding Rs2 lakh per application in lump sum from 4 December
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