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Market News

Location American Market News for 16 March 2018

Alibaba's Homecoming May Not Prove a Home Run

Wall Street Journal - 16 Mar 2018 10:26
Alibaba's investors may feel excited about its plan to list on a mainland Chinese stock exchange. In reality, there may not be much to celebrate.
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HAL IPO: Modest valuations but what about growth?

livemint.com - 16 Mar 2018 04:14
HAL IPO: Modest valuations but what about growth? On the HAL IPO, a few brokerages have recommended investors subscription with a long-term review, which is simply a polite way of saying they can't expect decent returns anytime in the near future
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Profitable Plans Afoot to Carve Rump of Yahoo

Wall Street Journal - 16 Mar 2018 22:35
The $76 billion Alibaba stake owned by the rump of Yahoo could finally be unwound. Recent corporate tax cuts may end up being the catalyst to close one of the hedge-fund industry's highest-profile trades.
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3 Factors That Drive Performance In Your Portfolio Here are three factors that drive performance in your portfolio: beta exposure, low costs and tax management.
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A Look At ConocoPhillips' Growth Prospects

Forbes - 16 Mar 2018 21:22
A Look At ConocoPhillips' Growth Prospects ConocoPhillips (NYSE: COP) had displayed a remarkable growth in revenue in 2017 backed by a rise in volume shipment and commodity price growth.
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Subscription Revenues Continue To Boost Adobe Adobe announced Q1 earnings on March 15, reporting a 24% increase in net revenue to $2.1 billion. Growth came from subscription revenues, which were up nearly 30% on a y-o-y basis to $1.8 billion for the quarter.
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Don't Be Fooled by Tiffany's Slowdown

Wall Street Journal - 16 Mar 2018 19:04
Investors are overreacting to a January slowdown despite Tiffany's success with new products.
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Key Takeaways From China Unicom's 2017 Results China Unicom, the second largest Chinese wireless provider, published its full-year 2017 results on Thursday, reporting year-over-year profit growth, driven by the improving performance of its wireless business.
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Oracle Earnings Preview: Cloud Services To Drive Top Line Growth, Profits Oracle is scheduled to announce its Q3'18 results on March 19. The company has reported a strong performance from its Cloud Services division in recent quarters, a trend which is likely to continue through the January en...
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Sensex, Nifty dive on TDP's NDA exit, robust IPO market Sensex Nifty plunge as TDP quits NDA, vibrant primary market diverts investor interest
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Appellate Court Deals Fiduciary Financial Advice Rule Major Blow A new court ruling out of the Appellate division vacates the DOL fiduciary rule, leaving the future of fiduciary advice and the rule in further limbo.
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'Shock Prediction': Putin Wins Russian Presidential Election. What's Next? What to expect from Putin Round Four.
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These 3 Big Headwinds Are Facing The Stock Market Right Now With the Nasdaq hitting new highs, why are the other indices lagging? It could be these three items.
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Three Stock Experts Take On The Online Travel World Global travel has been powered by years of expansions: destinations, technologies, consolidations and desires by travelers to get away. Three leading advisors and MoneyShow.com contributors share ideas on stocks in the d...
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Drinkers Go Crazy for Gin, Investors for Tonic

Wall Street Journal - 16 Mar 2018 14:29
It's party time in the gin industry--but buying a gin producer may not be the best way for investors to join the fun.
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NSE IFSC launches debt securities; lists IREDA's masala bonds The bond issue by IREDA is the first debt security to be listed on the NSE IFSC and will offer high cost efficiency as well as enable issuers to access international investors
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What Happens If AT&T Beats the Government?

Wall Street Journal - 16 Mar 2018 13:31
No matter who wins, the blockbuster antitrust trial pitting AT&T against the U.S. government will reshape the media landscape. What it won't do is end the upheaval of an industry contending with new competitors and new t...
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Li Ka-shing Has Already Left China Behind

Wall Street Journal - 16 Mar 2018 12:47
The tycoon, still one of Asia's richest men, has been channeling money out of the region and into steady developed market investments in recent years.
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Tiffany & Co missed analysts' estimates with quarterly same-store sales numbers and forecast a full-year profit largely below expectations.
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Asia's worst-performing bonds find a buyer in ICICI Prudential ICICI Prudential chief investment officer Manish Kumar says, with yields recently nearing 8%, it's time to go long
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Yes Bank sells 2.17% stake in Fortis Healthcare

livemint.com - 16 Mar 2018 09:59
Yes Bank sells 2.17% stake in Fortis Healthcare Yes Bank had acquired 17.31% stake in Fortis Healthcare following invocation of nearly 9 crore pledged shares last month
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It's an exodus as foreigners join Indian banks in dumping bonds Foreign holdings of government and corporate notes are set to drop for a fifth week, having fallen Rs14,660 crore ($2.3 billion) since 9 February
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