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Market News

Location American Market News for 26 December 2017

Don't Expect Plain Sailing For Emerging Markets in 2018

Wall Street Journal - 26 Dec 2017 02:27
The asset class had a terrific year in 2017. But investors shouldn't overlook lurking risks for next year.
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Your mobile is now your bank: keep the data and the phone safe The year saw banks and other financial services companies compete in offering faster and easier services.
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Bitcoin extends drop as investors pare wagers amid holidays Bitcoin extends its decline over the long holiday weekend, failing to reverse a selloff that began after an unprecedented rally fell short of breaching $20,000
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Qualcomm is expected to move some of its chip production orders away from Samsung Electronics to Taiwan's TSMC next year, according to a report from Nikkei.
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Bad Buybacks Can Destroy Shareholder Value

Forbes - 26 Dec 2017 22:50
Bad Buybacks Can Destroy Shareholder Value Companies often buyback shares when their stock is at the highest point, and they sometimes pass up profitable investments or even go into debt to do the buybacks.
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CNN has decided to stop producing its Snapchat daily news story, which launched just about four months ago. CNN was one of Snap's original partners for the Discover program, which launched in January 2015.
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Is This as Good as It Gets for Retailers?

Wall Street Journal - 26 Dec 2017 22:30
It is almost a Christmas miracle. Retailers have taken a beating in the last year, with falling stocks and gloomy predictions of their impending death. Yet in the weeks leading up to Christmas, retail stocks rallied.
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Nvidia Beats Amazon

Forbes - 26 Dec 2017 20:44
Nvidia Beats Amazon Amazon's innovation isn't enough to catch up with Nvidia on Wall Street.
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Nevada's Recreational Marijuana Market Hits $38M, Soars Past Colorado Recreational marijuana sales are hitting new highs thanks to the tourist-heavy Las Vegas. The Silver State's regulated cannabis market -- only four months old -- is poised to keep booming.
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The Next Deal Target in Health Care

Wall Street Journal - 26 Dec 2017 17:42
The deal boom in the health-care industry is showing no signs of slowing. That could help one beaten down stock reverse its fortunes.
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Investors Diving Into Risky Bank Bonds

Wall Street Journal - 26 Dec 2017 17:23
Cocos are hot again. The junior bonds that are designed to help shore-up banks during a crisis are ending 2017 with yields near record lows but they can become risky in sudden and unexpected ways.
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North Korea's likely achievement of a viable nuclear deterrent next year will give rise to a new and more unstable era of containment. As the specter of war looms in the Asia-Pacific, China and Russia will band together ...
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Sebi disposes of case against OPG Securities in Prakash matter Sebi says since it is not established that GKN had entered into self-trades repetitively to create artificial volume in the scrip, there is no case to draw any adverse inference on OPG
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Sebi may ease FPI norms, plans new governance model for mutual funds With regard to FPIs, Sebi may consider simplifying regulatory requirements pertaining to access norms, with a view to easing direct registration for FPIs
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Pidilite board approves Rs500 crore buyback offer

livemint.com - 26 Dec 2017 13:50
Pidilite board approves Rs500 crore buyback offer Pidilite's board has formed a buyback committee and has delegated powers to the committee in connection with the buyback
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Experts' views on what changed in the banking and fintech sector in 2017 The one thing in banking and fintech that happened in 2017, and which will continue to have a lasting impact in 2018
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What a personal loan costs you: 27 December 2017

livemint.com - 26 Dec 2017 13:48
What a personal loan costs you: 27 December 2017 Personal loan interest rates of some public and private sector banks
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The year bitcoin grew, and grew

livemint.com - 26 Dec 2017 13:48
The year bitcoin grew, and grew Praveen Kumar of Belfrics Global SDH on how the year was for cryptocurrencies, its acceptance worldwide, regulatory challenges, and more
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Profits from selling a redeveloped house can attract short-term capital gains tax The rate and final taxability will depend on various factors like individual share, other income and reinvestment into other property or specified bonds
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'With Aadhaar we have been able to cut the umbilical cord with the employe' V.P. Joy, central provident fund commissioner, took us through the big bang reforms that took place in 2017
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China's Bid to Dominate Oil Pricing Will Fail

Wall Street Journal - 26 Dec 2017 13:35
Chinese regulators say they are on the cusp of launching their own oil futures contract, priced in yuan. Chinese future markets are already key in setting iron and coking coal prices--but a yuan denominated oil contract ...
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Bitcoin price crosses $15,000 as rebound begins

livemint.com - 26 Dec 2017 12:11
Bitcoin price crosses $15,000 as rebound begins Bitcoin rallied past $15,000 on Tuesday as the world's biggest digital currency sought to draw a line under its roller coaster five-day slump
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