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Market News

Location American Market News for 13 December 2017
U.S. SEC Stops 'Munching' Munchee's ICO After Reg Concerns Raised As the U.S. Securities and Exchange Commission (SEC) halts an initial coin offering (ICO) in San Francisco-based Munchee Inc., a blockchain-based food review service that sought to raise $15 million, SEC Chairman Clayton...
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Causeway International Value Fund Gains 3 New Holdings In 3rd Quarter Fund divests 2 other positions
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The Fed Gets It Right, for Now

Wall Street Journal - 13 Dec 2017 23:39
The biggest shock about the Federal Reserve this year is it got its prediction of interest-rate increases right. The danger for investors in 2018 is the Fed will get it wrong and rates will end up higher than expected.
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How Comcast's Cable TV Business Has Been Bucking Industry Trends Comcast has managed to drive growth in its Cable TV segment despite intense competition and secular pressures facing the industry. The company has managed to stem subscriber losses while steadily increasing its fees.
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What Is The Potential Upside To Accenture's Outsourcing Business? Accenture faces competition in the outsourcing space, from firms offering lower rates and advancements in technology such as chatbots and Artificial Intelligence. As a result, Accenture has been fortifying its outsourcin...
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Barclays, Deutsche Bank Reduce Asset Bases To Improve Core Capital Ratios The largest European banks have seen their profits improve over recent quarters thanks to a strong economic outlook, as most of the fears related to the unexpected Brexit vote last year have largely been put to rest.
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US Fed goes for 25 bps rate hike in Janet Yellen's last policy meeting The US Federal Reserve also raised its forecast for economic growth in 2018, even as it stuck with a projection for three hikes in the coming year
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An Overview Of Cisco's 2017 Performance

Forbes - 13 Dec 2017 21:04
An Overview Of Cisco's 2017 Performance Cisco has reported a decline in revenues this year, driven largely by low core product sales. The networking giant is facing pricing pressure for standalone hardware, resulting in low product revenues and compressing gro...
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Fed Raises Rates For Third Time In 2017 As U.S. Economy Chugs Along At the conclusion of the Federal Open Market Committee's two-day meeting, policymakers hiked the benchmark interest rate from 1.25% to 1.5%.
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Bitcoin Mania Comes to the Stock Market

Wall Street Journal - 13 Dec 2017 20:01
Investors are flinging cash at The Crypto Company because bitcoin is going up. At its peak on Monday, Crypto was worth more than a quarter of the companies in the S&P 500.
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Steinhoff's Sleepy Board Needs Clearing Out

Wall Street Journal - 13 Dec 2017 19:35
More heads need to roll if Steinhoff International is to regain credibility after its accounting scandal. The situation can't be resolved by the regime that failed to spot it.
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In March this year, Dish Network raised $1 billion in debt to finance wireless and spectrum-related strategic transactions. In July, reports surfaced that Dish Network and Amazon could partner to set up a narrow band Int...
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How Much Could Deutsche Bank Potentially Pay To Acquire Commerzbank? With U.S. private equity group Cerberus acquiring a 3% stake in Deutsche Bank last month, rumors about a Deutsche Bank-Commerzbank merger have picked up steam once again, as Cerberus is also one of the largest shareholde...
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Ripple Price Surges 84% In A Day To New Record High. Is XRP The Next Crypto Rocket 'To The Moon'? Ripple seizes the #4 spot with $18B market cap.
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5 Reasons Why The Litecoin Price Is Going Up So Fast. Will The LTC Surge Continue? The LTC price is way higher than it was last week--here's why.
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Canada's $255 billion fund says India stressed assets are costly Canada Pension Plan Investment Board finds the pricing in India high from a risk-return basis
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Next Orbit Ventures to invest $2 billion in India's semiconductor industries Next Orbit Ventures says around $1.5 billion for the fund will be raised from the region, while the remaining $500 million has been secured from a consortium of investors
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Honeywell forecast its fourth-quarter earnings at the top of its previous guidance and raised its forecast for both quarterly and full-year 2017 sales.
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3 Top Monthly Dividend Stocks For 2018 - And 1 To Avoid I'm going to give you 3 that should be at the top of your list.
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Eli Lilly forecast 2018 earnings and revenue largely above estimates in part due to strong demand for diabetes drug Trulicity and psoriasis drug Taltz.
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Indian inflation spike hits bonds, spurs rate policy and fiscal worries The 10-year bond yield rose as much as 6 basis points to 7.26%, the highest since July 2016, after govt data showed annual inflation spiking to a 15-month high of 4.88% in November
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Bank fixed deposit rates

livemint.com - 13 Dec 2017 13:46
Bank fixed deposit rates Fixed deposit rates offered by different banks for different maturity periods
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