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Market News

Location American Market News for 17 January 2018
India's trade gap blowout gives hope to hibernating rupee bears Rupee falls to the lowest in almost three weeks, despite foreign flows and a weak US dollar, amid worries that worsening terms of trade would be a drag on the current-account deficit
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Ripple Falls Below $1, Down 75% From All-Time High What caused XRP's price to plunge below $1?
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The Big New Player Feeding America's Sweet Tooth

Wall Street Journal - 17 Jan 2018 15:13
Ferrero's purchase of Nestlé's U.S. confectionery business marks a hat-trick of deals for the Italian company behind Nutella spread but aggressively expanding in America at a time of rapid market change is a daring stra...
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Strongman Xi Jinping Now a Big Risk for China's Economy

Wall Street Journal - 17 Jan 2018 23:57
China's most powerful leader in decades has shown he can tackle economic issues that have plagued weaker predecessors. But that much power in one pair of hands creates its own problems
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Schlumberger Likely To Post Strong Q4 Backed By Commodity Recovery Schlumberger, the world's largest oilfield services company, is set to begin the earnings season for the industry by releasing its December quarter and full year 2017 financial performance on January 19.
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The Trefis price estimate for U.S. Steel was recently revised upward, primarily due to changes to the tax rate forecast.
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Why E-Trade's Interest Income Is Its Largest Value Driver E*Trade Financial fared well in 2017, with over 20% growth in revenue in the first 9 months of the year and a more than 40% surge in its stock price over the year. We attribute this growth primarily to revenues from inte...
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How Sensitive Is T-Mobile's Valuation To Changes In Its Postpaid Market Share? T-Mobile's impressive growth in the postpaid phone space has helped the company more than triple its stock price over the last five years. The carrier's postpaid phone market share, as a percentage of the overall U.S. wi...
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How Significant Is The Residential Business For SunPower? SunPower's residential business has faced some headwinds in recent years, amid sluggish shipments, particularly to the U.S. market where regulatory uncertainty surrounding net metering and lower electricity prices have i...
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Analysts: Bitcoin's Sharp Decline A Temporary Pullback Bitcoin plunged lately, but is this pullback only temporary?
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Disruptive ETFs: First Stop, Commodities

Forbes - 17 Jan 2018 20:07
These disruptive ETFs could fundamentally change the way people gain access to certain parts of the market.
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Can Mark Zuckerberg Bend Facebook Without Breaking It?

Wall Street Journal - 17 Jan 2018 20:00
Mark Zuckerberg's main challenge now is fixing the social network without breaking it. That dilemma was apparent last week when the 33-year-old chief executive announced changes to the company's News Feed tool.
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These ETF 'Pairs' Have A Story To Tell About Market Risk (And Reward) I will highlight here are some ETFs that, through their returns and return patterns last year, tell us a lot about market sentiment and possibly where some extremely overvalued and undervalued market areas lie. You see, ...
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I present the Danger Zone highlights of 2017, followed by the lowlights.
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7 Exchange-Traded Funds Outperforming The S&P 500 These sector ETFs are doing better the S&P 500 and set new highs. While three had daily key reversals.
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Sensex crosses 35000 as govt moves to contain fiscal deficit Sensex rallies to 35,081.82 points on hopes of a corporate earnings recovery and government's effort to contain India's fiscal deficit by reducing additional borrowing
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Mishra Dhatu Nigam files IPO papers with Sebi

livemint.com - 17 Jan 2018 16:40
Mishra Dhatu Nigam files IPO papers with Sebi Mishra Dhatu Nigam IPO will see sale of up to 46,835,000 equity shares, or 25% stake, by the company's promoter, the DRHP filed with Sebi showed
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This Beaten-Down Sector Will Explode In 2018 There is a way to grab those steady rent checks without taking on a second job. The key isn't owning physical real estate.
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Amber Enterprises IPO fully subscribed on Day 1

livemint.com - 17 Jan 2018 15:36
Amber Enterprises IPO fully subscribed on Day 1 The Amber Enterprises IPO received bids for 50.93 lakh shares against the total issue size of 49.27 lakh shares, registering a subscription of 1.03 times
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This 30-Year-Old Couple Repaid $120,000 Of Student Loans In 3 Years This 30-year-old couple paid off $120,000 of student loans in 3 years.
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Newgen Software IPO gets 70% subscription on Day 2

livemint.com - 17 Jan 2018 15:30
Newgen Software IPO gets 70% subscription on Day 2 The Newgen Software IPO received bids for 85.54 lakh shares against the total issue size of over 1.22 crore shares, registering a subscription of 70%
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The New Whole Foods Adopts One Of Old Grocery's Most Condemned Practices Reports suggest Whole Foods is mandating that its vendors pay fees to assure good shelf positions, display space and sampling in its stores, a practice -- known in the industry as "slotting" -- that is often blamed for t...
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