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Market News

Location American Market News for 15 January 2018

3 BDCs With Shocking Yields Up To 12%

Forbes - 15 Jan 2018 16:12
3 BDCs With Shocking Yields Up To 12% BDCs are one of the market's top sources of yield. Unfortunately for income hunters, in 2017, this industry also was one of Wall Street's greatest sources of disappointment.
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Barbeque Nation gets Sebi's nod for IPO

livemint.com - 15 Jan 2018 15:41
Barbeque Nation gets Sebi's nod for IPO Barbeque Nation Hospitality's IPO comprises fresh issue of shares worth Rs200 crore and an offer for sale of up to 6,179,000 equity shares, according to the draft red herring prospectus
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There's A Great Future In Plastics...For Oil If EVs take over the car market, how will big oil companies pivot? Saudi Aramco is making plastics, in a joint venture with Dow at the Sadara Chemical Company.
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Tony Mitchell Is Buying Facebook On Friday's Pullback After the market closed last week Thursday, Facebook announced changes to their newsfeed, prioritizing social engagement over viral videos. On Friday, the stock pulled back $8.40 closing at $179.37. Tony is using this 4....
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The Economy Is Running Out Of Room

Forbes - 15 Jan 2018 21:08
The Economy Is Running Out Of Room The economy is running out of ready capacity for expansion. It may not mean an immediate end to this expansion. This year looks good, in fact. But it does signal the beginning of the expansion's end.
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Sebi may ask bourses to cut co-location charges in bid to level playing field The aim is to ensure that all brokers, including the smaller ones, get equitable access to algorithmic trading--a fast-emerging market trend globally
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Sebi summons individuals raided over leak of earnings reports on WhatsApp Sebi has started seeking explanations on the data dump recovered from the electronic devices that were seized during the raids
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JM Financial appoints banks for $100 million QIP

livemint.com - 15 Jan 2018 20:15
JM Financial appoints banks for $100 million QIP JM Financial appoints Credit Suisse and IDFC Bank for its qualified institutional placement (QIP) offering
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Obama's Federal Debt Grew At A Slower Rate Than Reagan, H.W. Bush Or W. Bush President Obama's Federal debt actually grew at a slower annual rate than any of the Republican Presidents even though there were events that started before he became President
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Newgen Software IPO: Rs127.39 crore raised from anchor investors Shares were allocated to nine investors at Rs245 apiece, the upper end of the price band of Rs240-245 for the Newgen Software IPO
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Max Ventures to raise Rs450 crore via rights issue

livemint.com - 15 Jan 2018 17:43
Max Ventures to raise Rs450 crore via rights issue The board of directors of Max Ventures has approved raising of funds by way of offer and issue of equity shares on rights basis for an amount aggregating Rs450 crore
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No Trade War With China, Barclays Predicts

Forbes - 15 Jan 2018 16:34
No Trade War With China, Barclays Predicts Trade war with China? Don't bet on it.
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The Dollar's Decline Has a Flipside for Markets

Wall Street Journal - 15 Jan 2018 15:47
It isn't a happy new year for dollar bulls, with the currency starting 2018 by falling to a three-year low. The weak dollar has consequences elsewhere for central banks and markets--but isn't necessarily something to be ...
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China is said to escalate crackdown on cryptocurrency trades The Chinese government plans to block domestic access to homegrown and offshore platforms that enable centralized trading in cryptocurrencies
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Sebi to auction 11 properties of Pancard to recover Rs7,000 crore Sebi has lined up as many as 11 properties of Pancard Clubs and its late CMD for an online auction next month at a total reserve price of Rs253 crore
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The mysterious Twitter user drawing a swarm in Japan

livemint.com - 15 Jan 2018 13:32
The mysterious Twitter user drawing a swarm in Japan Okasanman, an anonymous Twitter account, though only points to already available information, the speed at which it does it has built a following that's larger than that of the BoJ
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What a car loan costs you

livemint.com - 15 Jan 2018 13:32
What a car loan costs you Interest rates for car loans vary across banks. Here are the interest rates offered by few of the major ones
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Gift from employer, exceeding Rs5,000, is taxable and tax is to be withheld from salary Any gift received from the employer, of a sum exceeding Rs5,000, is treated as taxable compensation in your hands
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Public Provident Fund proceeds can be credited to an NRO account If you are able to close the PPF account, under the Income-tax law, any amount received from PPF account is exempt from Income-tax in India
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We are trying to build a customer base that is not based on higher interest rates alone: Samit Ghosh, Ujjivan Small Finance Bank Samit Ghosh on small finance bank operations, how the transition has been like, new services offered, road ahead, and more
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Is claim settlement by insurers a worry?

livemint.com - 15 Jan 2018 13:32
Is claim settlement by insurers a worry? Life insurers have to pay all claims arising 3 years after policy issue. But a third of the claims are filed before this, and insurers' claim settlement record remains a concern
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Tuition fees paid for child education can help reduce taxes This deduction is available only for full-time courses and for fees paid to a recognized university, college, school or other educational institution in India
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