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Market News

Location American Market News for 1 February 2018
Unilever reported a bigger-than-expected acceleration in fourth-quarter sales growth.
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Govt lays all bets on the farm

livemint.com - 1 Feb 2018 19:47
Govt lays all bets on the farm The proposed measures can create employment opportunities and improve rural incomes, especially for small and marginal farmers
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Tax reckoner FY2018-19

livemint.com - 1 Feb 2018 17:49
Tax reckoner FY2018-19 This is how Union Budget 2018 will impact your tax outgo in the coming fiscal
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Budget 2018: Corporate tax cut to 25% to benefit MSMEs, not big corporates The Union Budget 2018 has reduced the corporate tax rate for companies with an annual turnover of up to Rs250 crore to 25%
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That's down from the 78.3 million it sold in the year ago quarter.
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Apollo And Blackstone Pick Insurance As Their Next Bet To Disrupt Wall Street Private equity giants like Apollo and Blackstone are eyeing insurance as their next big disruption of Wall Street.
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Amazon Web Services beat analysts' expectations in the fourth quarter, reporting $5.11 billion in sales.
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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...
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AT&T's Postpaid Phone Business Turns A Corner 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.
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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
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Amazon shares jump after earnings

CNBC - 1 Feb 2018 22:32
Amazon is set to report fourth quarter earnings on Thursday after the bell.
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The company already guided expectations lower in January and announced it would be laying off 250 employees.
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Key Takeaways From Ericsson's Q4

Forbes - 1 Feb 2018 22:30
Key Takeaways From Ericsson's Q4 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...
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eBay Sustains Growth Across Segments, Robust Guidance For Q1 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.
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Key Takeaways From CME's Q4

Forbes - 1 Feb 2018 22:11
Key Takeaways From CME's Q4 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...
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Budget 2018: Private equity, venture capital funds give a thumps up to LTCG tax 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
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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.
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Crypto Watch: Bitcoin Prices Fall Amid Reports Of India Crypto Regulation Impending legal action or temporary FUD?
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Budget 2018: Bitcoin prices slump to lowest this year after India clampdown Bitcoin declined as much as 8.7% on Thursday to $9,100, the lowest since November, after FM Arun Jaitley announced in Union Budget 2018 that cryptocurrencies are not legal tender
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Budget 2018: BofA-ML says LTCG tax to bring Sensex down to 32,000 by December BofA-ML on Thursday warned that the Sensex would fall to 32,000 by December 2018 due to the LTCG tax on equity investment
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Companies With Deferred Tax Liabilities Big Tax Reform Winners 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).
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ConocoPhillips swung to a profit, helping the U.S. oil and gas producer boost its dividend and expand a share buyback program.
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