Market News
Consumer goods giant Unilever sees accelerated sales growth
CNBC - 1 Feb 2018 10:19
Unilever reported a bigger-than-expected acceleration in fourth-quarter sales growth.
Govt lays all bets on the farm
livemint.com - 1 Feb 2018 19:47
The proposed measures can create employment opportunities and improve rural incomes, especially for small and marginal farmers
Tax reckoner FY2018-19
livemint.com - 1 Feb 2018 17:49
This is how Union Budget 2018 will impact your tax outgo in the coming fiscal
Budget 2018: Corporate tax cut to 25% to benefit MSMEs, not big corporates
livemint.com - 1 Feb 2018 10:34Apple sold fewer iPhones than a year ago
CNBC - 1 Feb 2018 23:32
That's down from the 78.3 million it sold in the year ago quarter.
Apollo And Blackstone Pick Insurance As Their Next Bet To Disrupt Wall Street
Forbes - 1 Feb 2018 23:22
Private equity giants like Apollo and Blackstone are eyeing insurance as their next big disruption of Wall Street.
Amazon cloud revenue jumps 45 percent in fourth quarter
CNBC - 1 Feb 2018 23:21
Amazon Web Services beat analysts' expectations in the fourth quarter, reporting $5.11 billion in sales.
Trump's Promise To Revive Appalachian Coal Jobs Founders Without Opioid Plan
Forbes - 1 Feb 2018 22:51
Debtwire Investigations recently travelled to West Virginia to tell the story of how the opioid crisis is impacting the coal industry labor force in Appalachia, including how it nearly hobbled one of the region's largest...
AT&T's Postpaid Phone Business Turns A Corner
Forbes - 1 Feb 2018 22:33
AT&T published its Q4 2017 results on Wednesday, January 31, reporting a stronger than expected set of results that were driven by the new U.S. tax law and a strong performance from the lucrative postpaid phone business.
Alphabet drops on earnings miss
CNBC - 1 Feb 2018 22:32
When Alphabet reports its Q4 earnings investors will be focused on Google's advertising metrics while looking for details on its cloud business
Amazon shares jump after earnings
CNBC - 1 Feb 2018 22:32
Amazon is set to report fourth quarter earnings on Thursday after the bell.
GoPro shares fall after results miss Street expectations
CNBC - 1 Feb 2018 22:32
The company already guided expectations lower in January and announced it would be laying off 250 employees.
Key Takeaways From Ericsson's Q4
Forbes - 1 Feb 2018 22:30
Ericsson posted generally worse than expected Q4 2017 results on Wednesday, on account of lower LTE deployments in Mainland China and broader headwinds in the market for radio access network equipment. Below we provide s...
eBay Sustains Growth Across Segments, Robust Guidance For Q1
Forbes - 1 Feb 2018 22:16
eBay announced its fourth quarter results on Wednesday, January 31, reporting a 9% increase in net revenue to $2.6 billion. Growth came from both the transaction and marketing services businesses.
Key Takeaways From CME's Q4
Forbes - 1 Feb 2018 22:11
After a decent performance through Q3 2017, CME Group announced mixed Q4 results on Thursday, February 1. The exchange's trading volumes saw a dip in November and December, with its Q4 daily volumes coming in 2% below th...
Budget 2018: Private equity, venture capital funds give a thumps up to LTCG tax
livemint.com - 1 Feb 2018 21:00
The long-term capital gains tax on listed shares proposed in the Budget 2018 may attract more funds to private equity and venture capital funds
How Alibaba Built Its Way to Record Sales
Wall Street Journal - 1 Feb 2018 19:09
China's e-commerce giant Alibaba delivered another record quarter, though investors should worry about how it got there.
Crypto Watch: Bitcoin Prices Fall Amid Reports Of India Crypto Regulation
Forbes - 1 Feb 2018 19:08
Impending legal action or temporary FUD?
Budget 2018: Bitcoin prices slump to lowest this year after India clampdown
livemint.com - 1 Feb 2018 19:03Budget 2018: BofA-ML says LTCG tax to bring Sensex down to 32,000 by December
livemint.com - 1 Feb 2018 18:44
BofA-ML on Thursday warned that the Sensex would fall to 32,000 by December 2018 due to the LTCG tax on equity investment
Companies With Deferred Tax Liabilities Big Tax Reform Winners
Forbes - 1 Feb 2018 18:30
Most public companies should benefit from the new tax law and some of the biggest winners will be companies with large deferred tax liabilities (DTLs).
ConocoPhillips swings to a profit, helped by rising crude prices
CNBC - 1 Feb 2018 18:07
ConocoPhillips swung to a profit, helping the U.S. oil and gas producer boost its dividend and expand a share buyback program.