Market News
Shalby IPO subscribed 32% so far on Day 2
livemint.com - 6 Dec 2017 13:46
As of 5pm, the Shalby IPO receives bids for 6,578,940 shares against the total issue size of 20,591,836 shares, according to NSE data
Are Top-Managed Companies a Good Investment?
Wall Street Journal - 6 Dec 2017 03:50
The Drucker Institute will launch an exchange-traded fund that aims to find out.
Why Uranium Miners' Glow Is Temporary
Wall Street Journal - 6 Dec 2017 00:15
Shares of Cameco and other miners soared after Kazakhstan said it would cut back exports of uranium, but it may take years to balance the market.
Why Schlumberger's Stock Is Down Despite A Rebound In Oil Prices
Forbes - 6 Dec 2017 22:16
Despite showing improvement in its quarterly results, Schlumberger's stock has dropped more than 25% since the beginning of the year, underperforming the 10% rise in crude oil prices during this period.
A Look At ICE's November Trading Volumes
Forbes - 6 Dec 2017 22:11
After a solid performance in the previous three quarters, IntercontinentalExchange's derivative trading volumes saw a year-over-year decline in November.
Nvidia Is Expensive For Good Reasons
Forbes - 6 Dec 2017 22:03
At 17 times sales and 60 times earnings, the stock market values few companies as richly as Nvidia. Bruce Pile, a Marketocracy manager who has a position in Nvidia explains why he paid the premium.
Holiday Inn operator in Kolkata seeks valuation of Rs150 crore in share sale
livemint.com - 6 Dec 2017 21:43
Jain group arm Dream Gateway Hotels, which operates the Holiday Inn, is looking to sell 2.57 million shares at a price of around Rs150 each and raise around Rs39 crore
Bitcoin Surpasses $13,000 As Momentum Remains Strong
Forbes - 6 Dec 2017 21:37
Bitcoin has climbed past $13,000. Where will it go next?
Bitcoin Could Fall 'Big Time' But Not Just Yet, Says Crypto Trader
Forbes - 6 Dec 2017 21:33
With the price of Bitcoin rising to ever new record highs and flirting with $13,000, one FX and cryptocurrency trader believes that while the digital currency's value is unlikely to be slowing near term, it will not be a...
How International ARPU Improvement Could Impact Snap's Valuation
Forbes - 6 Dec 2017 21:13
Snap Inc. is highly dependent on the U.S. market currently, with the North American segment accounting for over 80% of the company's revenues and about 85% of its value, according to our estimates.
Don't Get Left Behind in Health-Care Deal Frenzy
Wall Street Journal - 6 Dec 2017 20:59
Investors should expect health-care deal-making to continue in the wake of UnitedHealth's move to acquire DaVita Medical Group, days after CVS Health agreed to buy Aetna.
Religious Leaders, Celebrities Call For Net Neutrality Ahead Of Nationwide Protests
Forbes - 6 Dec 2017 19:59
Hundreds of musicians and actors are calling for the FCC to keep the rules, along with church leaders representing millions, who say communication is "God's great gift to humanity."
Indian Railways's agency lists bond on London Stock Exchange
livemint.com - 6 Dec 2017 19:53
IRFC's green bond raised $500 million with an annual yield of 3.835% as it listed on the London Stock Exchange's new International Securities Market
Maduro's 'Petro' Cryptocurrency Will Join Chavez's Bolivar Fuerte In the Graveyard
Forbes - 6 Dec 2017 18:29
When it comes to currencies, Venezuela has a long history of producing junk. Here's why the regime's plan to issue one backed by oil, gas, gold and diamonds is doomed to fail, which is regrettable, because it will give t...
The Fed Might Shrink To Two Members In 2018
Forbes - 6 Dec 2017 17:46
Sometime in January or by February 3, the Board of Governors might drop to only three members: Powell, Brainard and Quarles.
Indian bonds gain on RBI's more balanced tone on inflation, liquidity
livemint.com - 6 Dec 2017 17:23Asian Banking Gold Rush Might Yet Provide a Few Nuggets
Wall Street Journal - 6 Dec 2017 16:49
Asia has long been seen as the next big market for the world's megabanks. But in the past three years, more U.S. and European players have abandoned Asia-wide ambitions.
Downside Risks Now Exceed Upside Potential In Stocks Around The Globe
Forbes - 6 Dec 2017 16:42
If you follow simple tools of technical analysis I say that you can "time the market."
American Eagle forecasts strong holiday-quarter earnings
CNBC - 6 Dec 2017 16:00
American Eagle Outfitters forecast strong earnings for the key holiday season and delivered third-quarter comparable sales ahead of Wall Street targets.
Sebi to auction 12 properties of Ramel Industries in January
livemint.com - 6 Dec 2017 15:58
Sebi's move to auction the properties comes after Ramel Industries failed to return the money raised from investors through illegal collective investment schemes
November AAII Asset Allocation Survey: Lowest Level Of Cash Since 1999
Forbes - 6 Dec 2017 15:53
Individual investors' cash allocations fell last month to a level not seen in 18 years.
A Trump Tax Victory Won't Be Celebrated in China
Wall Street Journal - 6 Dec 2017 15:48
A more competitive investment environment--and rising inflation--in the U.S. could spell trouble for China.