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Market News

Location American Market News for 13 April 2018

Sensex posts third straight weekly rise

livemint.com - 13 Apr 2018 23:12
Sensex posts third straight weekly rise All eyes are now on corporate earnings as Sensex, Nifty continue upward climb
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Banks Still Waiting for Tax-Overhaul Borrowing Boost

Wall Street Journal - 13 Apr 2018 22:27
Major U.S. banks saw a solid first quarter, but for their shares to keep moving higher, they need economic optimism to translate into real loan growth.
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Can The MLP Sector Catch A Break?

Forbes - 13 Apr 2018 22:06
Can The MLP Sector Catch A Break? Master Limited Partnerships in the energy sector are the classic value investment case of an industry with good fundamentals that is disliked by the investing public. Tim Plaehn, editor of The Dividend Hunter, explores w...
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A Closer Look At Cisco's Valuation

Forbes - 13 Apr 2018 20:33
A Closer Look At Cisco's Valuation Cisco has reported a decline in revenues in recent quarters, driven largely by low core product sales. Cisco has made large investments in fast-growing networking domains such as software-defined networking in order to o...
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A Look At Our $138 Price Estimate For Union Pacific Corporation Union Pacific Corporation (NYSE: UNP) has seen modest revenue growth in recent years, primarily led by price increases across its segments. The company now operates a rail network of more than 32,000 route miles. In 2017...
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Johnson & Johnson Q1 Preview: Expect Pharmaceuticals To Drive Earnings Growth Johnson & Johnson is set to report its Q1 2018 earnings on April 17, and we expect the company to post solid numbers, primarily led by continued growth in oncology drug sales...
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So Many Jobs, So Few Workers

Wall Street Journal - 13 Apr 2018 19:51
There is a reason why wages haven't taken off in the tight labor market but it may not last much longer.
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Lula For The Nobel Peace Prize? Market Thinks It's Ridiculous Nearly 100,000 people have signed a petition to get Brazil's incarcerated president a Nobel Peace Prize. Some emerging market investors think its nuts.
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Key Takeaways And Trends From BlackRock's Q1 Results BlackRock shrugged off industry headwinds to report an earnings beat for the first quarter, as continued inflows into the the company's popular iShares line of ETF offerings drove the top line yet again.
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India's forex reserves at record high of $424.864 billion India's forex reserves rose by $503.6 million to touch a record high of $424.864 billion in the week to 6 April, the Reserve Bank of India said
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Is the Yuan in China's Trade-War Arsenal?

Wall Street Journal - 13 Apr 2018 16:42
China's currency, formerly a hot-button topic, has been mostly out of the limelight in the current trade fight. Could that change if things escalate?
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Comey Adds Higher Levels Of Market Risk From Trump-Mueller Probe Jimmy "the Bull" Comey pushes GeoQuant's Mueller Risk Index off the charts for April.
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World's best-performing department store this year is in India While equities have been whipsawed for much of this year, V-Mart Retail's shares are up 47%--the most among 105 department store firms globally with a minimum market value of $200 million
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Chip Makers Are Better off Without Crypto Miners

Wall Street Journal - 13 Apr 2018 15:02
Miners of cryptocurrencies may soon stop buying chips from Nvidia and Advanced Micro Devices. But some businesses are more trouble than they are worth.
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Ashok Leyland shares gain 3% on defence ministry contract win Ashok Leyland shares closed at Rs145.45, up 3.14% on BSE, after the company won a contract from the defence ministry for supplying high mobility vehicles
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How To Protect Your Student Loans From Rising Interest Rates Interest rates are rising. Are you prepared?
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The 4 Fatal Flaws Of Most Bond ETFs

Forbes - 13 Apr 2018 14:06
The 4 Fatal Flaws Of Most Bond ETFs Want more yield and price upside in your portfolio? You can get both from bonds - if you think a little contrarian, of course.
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Proof That Multi-Billion Tech IPOs Aren't Just for the U.S.

Wall Street Journal - 13 Apr 2018 13:26
Every company that gives away its product free is getting something in return. This is true of Avast, a cybersecurity firm that plans to sell shares in May in London, joining the wave of mainly U.S.-based tech IPOs.
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HDFC Bank plans to raise Rs50,000 crore via bonds in FY19 HDFC Bank says it plans to raise Rs50,000 crore through bonds in the next 12 months to fund business expansion. The decision will be taken in the board meeting on 21 April
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Infosys shares gain over 1% ahead of earnings

livemint.com - 13 Apr 2018 11:13
Infosys shares gain over 1% ahead of earnings Infosys shares, after making a positive opening, achieved an intra-day high of Rs1,184, a gain of 1.87%
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India's Coinsecure exchange says $3 million worth of bitcoins stolen Coinsecure, an Indian cryptocurrency exchange, said around 438 bitcoins worth $3 million were siphoned off , from a password-protected virtual wallet, to an unknown destination after details were leaked online
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Fortis receives $192 joint investment proposal from Hero, Burman group Hero Enterprise and the Burman group have made a binding offer to invest a total of Rs1,250 crore through a preferential share allotment, Fortis said in an exchange filing
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