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Market News

Location American Market News for 19 February 2018
Stock Bubbles Have Popped And Correction Is Consolidating, What's Next? The correction ended on Feb. 9 when the S&P 500 tested its 200-day simple moving average.
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3 Questions To Ask Regarding Market Volatility investors aggressively sold stocks after an incredible run. In addition to making sure your assets are allocated properly and making sure you have a plan for the next bear market, here are three questions to ask regardin...
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General Electric: Barron's Shouts 'Beware!' That Settles It - Time To Buy Barron's "beware" advice becomes a GE buy signal. A contrarian stance now could produce excellent returns.
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Is Reckitt's Deal Machine Still Up to Snuff?

Wall Street Journal - 19 Feb 2018 17:18
As the battle to buy Pfizer's $20 billion consumer business heats up, Lysol-owner Reckitt Benckiser is trying to convince investors that its acquisition record is clean.
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Buy These 3 Beat-Up High Yielders On The Dip While many investors might see this sudden burst of volatility as a reason to run or duck for cover, I see it as a chance to go hunting in high-yield dividend stocks.
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3 REITs That Scream 'Sucker Yield'

Forbes - 19 Feb 2018 14:00
3 REITs That Scream 'Sucker Yield' As part of my job as a REIT analyst, I am trained to analyze the underlying safety of the company's dividend, the ability for the dividend to grow, and the overall merit of the stock.
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ModiCare will raise insurance awareness

livemint.com - 19 Feb 2018 13:35
ModiCare will raise insurance awareness The push to bring 500 million people under insurance umbrella will not only transform the insurance beneficiaries but the healthcare industry too
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New regulator should move away from micro-managing

livemint.com - 19 Feb 2018 13:33
New regulator should move away from micro-managing The regulator can mandate the surrender value for a customer but beyond that the industry needs flexibility to design products and compensation
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JPMorgan says inflation, rising wages actually good for stocks JPMorgan's global equity strategist argues that it is the outlook for both production and sales volumes rather than higher wages that determine the impact on profitability
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Sensex, Nifty decline over 1% dragged by PSU bank stocks Allahabad Bank fell 11%, Union Bank of India 10%, PNB 9%, Syndicate Bank and UCO Bank 9% each, and Bank of India and SBI were down 7% and 5%, respectively
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Gitanjali Gems shares plunge 10%, fall for the fourth straight session Gitanjali Gems shares tumble 9.99% to Rs33.80--its lower circuit limit --on BSE
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PNB shares tank over 7%, market cap declines Rs10,781 crore in 4 days PNB shares slump further 7.16% to its 52-week low of Rs116.65 on BSE, extending the fall for the fourth straight session following the Rs11,400-crore fraud
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Indian banks erase over $10 billion in market cap since PNB fraud PSU banks continue to bleed after more lenders report exposure to the $1.8 billion PNB fraud, involving billionaire jeweller Nirav Modi
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Global gold prices inch up on weaker dollar, inflation outlook Spot gold prices rise 0.2% to $1,350.28 an ounce on a weaker US dollar and as investors looked to hedge against inflation
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SGX to launch products to succeed SGX Nifty

livemint.com - 19 Feb 2018 06:22
SGX to launch products to succeed SGX Nifty SGX says before its contract with NSE expires in August 2018, it will launch products that will succeed the Nifty family of products
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Mutual funds sell financial stocks the most as markets soared in January Mutual funds locked in gains in financial stocks the most among the top stocks in January, taking advantage of the run-up in the pack and record high levels in the overall market
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Markets stare at volatile week, PNB developments key

livemint.com - 19 Feb 2018 05:44
Markets stare at volatile week, PNB developments key Indian markets are likely to take cues from global markets in the week ahead, and focus on the PNB saga, with December quarter results out of the way
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Opening bell: Asian stocks trade higher; Binani Cement, Prestige Estates in news PNB fraud threatens to create liquidity problems in gems, jewellery sector, while Reliance Industries plans industrial area in Maharashtra
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Has the downward trend in corporate earnings revisions reversed? A look at the recent one-year forward consensus earnings per share (EPS) estimates for the Nifty shows a mixed picture
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Diamonds would rob banks of their profits in Q4

livemint.com - 19 Feb 2018 04:09
Diamonds would rob banks of their profits in Q4 Irrespective of whether banks or even PNB get back their dues, all lenders having direct or indirect exposure to the clutch of companies declared as fraudulent will have to make 100% provisioning in the fourth quarter of...
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Stagnant exports, burgeoning imports

livemint.com - 19 Feb 2018 04:02
Stagnant exports, burgeoning imports While higher global growth is expected to improve exports, it hasn't happened so far
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Recovering money from Gitanjali Gems won't be easy

livemint.com - 19 Feb 2018 03:54
Recovering money from Gitanjali Gems won't be easy Gitanjali Gems's financial position does not look very healthy, and recovering their money is not going to be an easy task for the banks
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