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Market News

Location American Market News for 4 May 2018
One Day, India Will Beat China In E-commerce One day, India's e-commerce market will be bigger than that of China, provided that the country overcomes a number of market inefficiencies.
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No respite from woes at Tata Power

livemint.com - 4 May 2018 07:44
No respite from woes at Tata Power Adjusted for a reversal of a large impairment charge it took earlier, the profit for the March quarter is estimated to have fallen, according to two domestic broking firms
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Bank Stocks Have Peaked, Here's Why

Forbes - 4 May 2018 21:41
Bank Stocks Have Peaked, Here's Why When you discuss bank stocks, the ones to cover are the four 'too big to fail' money center banks and the five largest super regional banks. Here's how to trade them now.
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Here's How Much Money States Are Raking In From Legal Marijuana Sales As more states roll out legalization for cannabis, find out which ones are also raking in the dough.
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It seems highly likely that President Donald Trump will withdraw from the 2015 Iran nuclear deal by the May 12 deadline. The implications of such action for global oil markets are far-reaching and it's one of the primary...
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Expect Oncology And Biosimilars To Drive Pfizer's Future Growth Pfizer (NYSE: PFE) recently posted its Q1 results, which were below street estimates. The company's overall sales grew 1% while adjusted earnings grew 12%. While the Oncology segment did well, led by a ramp up in Ibrance...
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E2E Networks plans to list on NSE Emerge

livemint.com - 4 May 2018 20:26
E2E Networks plans to list on NSE Emerge IPO of E2E Networks will also mark a second major exit for Blume in less than three months, after Minjar Cloud Solutions was acquired by Silicon Valley-based cloud computing firm Nutanix
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As GreenSky Heads For An IPO, Its Rumored $5 Billion Valuation Looks A Bit Rich Last week,fintech firm GreenSky confidentially filed for an IPO with the SEC - making this the latest in a series of tech IPOs announced or undertaken this year. The company intends to go public under the ticker GSKY, al...
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What To Expect As SunPower Publishes Q1 Results SunPower is scheduled to publish its Q1 2018 results on May 8, reporting on what is likely to have been a mixed quarter for the company. In this note, we take a look at some of the trends which could drive the results.
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Key Takeaways From Intercontinental Exchange's Q1 Earnings After a decent performance through 2017, Intercontinental Exchange (NYSE: ICE) reported somewhat mixed results for Q1. Revenue, which slid marginally year-over-year in 2017, saw a 7% growth in Q1, while EPS declined by 6...
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Sebi comes out with list of over 1,800 defaulters

livemint.com - 4 May 2018 19:46
Sebi comes out with list of over 1,800 defaulters Sebi publishes details of more than 1,800 entities, including individuals, who have failed to pay penalties imposed on them for various violations
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Sebi panel proposes stricter norms for RTAs

livemint.com - 4 May 2018 19:26
Sebi panel proposes stricter norms for RTAs A Sebi panel felt that since RTAs manage sensitive investor-related data, there need to be stricter governance rules for them
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Warren Buffett's Big Apple Buy: So Maybe It's Okay To Be Overweight 'FAANG' Stocks? With $44 billion of Apple stock in its coffers, Warren Buffett decided to make Berkshire Hathaway look like your ordinary S&P 500 Index fund. And that's a good thing.
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Apple shares hit record after Warren Buffett increases investment Apple shares rose as much as 3.8% to a record $183.65 today. The stock is up about 8% so far this year
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Amazon Is Hitting New Highs

Forbes - 4 May 2018 18:46
Amazon Is Hitting New Highs CressCap's computer driven analysis has identified AMZNas the second best consumer discretionary stock out of 316. The foundation of our recommendations is to identify companies that perform best and worst on the collect...
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How To Play Commodities: Hedging With Funds Having a portfolio consisting primarily of U.S. stocks and bonds means you don't have diversification and downside protection. Commodities and inflation hedges tend to do well in the late stage of a cycle. Four newslette...
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Why a 3.9% Unemployment Rate Matters

Wall Street Journal - 4 May 2018 17:32
The drop in unemployment to multidecade lows matters because of appearances and economic substance.
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A first-quarter earnings beat and an updated full-year outlook sent Shake Shack shares soaring on Friday.
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RBI to buy up to Rs10,000 crore of government bonds on 17 May RBI says the purchase of securities will be made under the central bank's open market operations
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United Spirits seeks shareholders nod for 1:5 share split United Spirits has sought shareholders approval for splitting its each share of face value of Rs10 into five shares of face value of Rs2 each
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The Five Most Oversold Dow Stocks

Forbes - 4 May 2018 16:37
The Five Most Oversold Dow Stocks As the Dow Industrials continues to grind lower and tests its 200 day MA some investors are starting to give up on stocks. A better approach might be to look at the most oversold Dow stocks for new buying opportunities. ...
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Here Are The Fundamental And Technical Reasons Driving U.S. Stocks Lower These are the main reasons why the five major U.S. equity averages have been sliding lower since highs were set.
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