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Market News

Location American Market News for 7 May 2018
The Top Stock And Industry Themes From The 2018 Berkshire Shareholders Meeting Warren Buffett shares insights on his stock holdings at the Berkshire Hathaway Shareholders Meeting. In 2018 he discussed Wells Fargo, Apple and his views on the U.S. healthcare sector.
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Starbucks and Nestlé: A Bold Blend

Wall Street Journal - 7 May 2018 23:24
Nestlé will pay up for Starbucks packaged beans to boost growth, setting up a battle with rival JAB in the U.S. and globally.
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Analyzing What Warren Buffett & Charlie Munger Said About Value, Price, Formulas And Bitcoin The topics of value, price, formulas and bitcoin came up at the Berkshire Hathaway annual meeting -- Buffett and Munger have intriguing comments.
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HSBC's Has Substantial Growth Potential Thanks To Tailwinds On Several Fronts HSBC reported a mixed performance for the first quarter of 2018 late last week. While revenues were largely around expected levels, higher operating costs coupled with one-time legal provisions resulted in an earnings mi...
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Oil Market May Get Blindsided by Iran Deal

Wall Street Journal - 7 May 2018 20:27
The oil market has surged on the expectation that President Trump will reimpose sanctions on Iran. No matter what Mr. Trump decides, oil bulls and other beneficiaries of higher prices shouldn't get too confident.
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Strong Franchises Continue To Drive Activision Blizzard's Growth Activision Blizzard (NASDAQ: ATVI) recently posted a better than expected Q1 performance with a 14% jump in sales, led by strong performance of the Activision segment. The company's other segments did well with high-sing...
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RInfra shares jump over 6% on Mumbai sea link project win Reliance Infrastructure shares on Monday closed on the BSE at Rs448.40, up 6.24% from the previous close
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How interest rate hikes by US Fed can affect India

livemint.com - 7 May 2018 19:55
How interest rate hikes by US Fed can affect India A rate hike in the US will lead to a stronger dollar and a weaker rupee, which will lower investment returns for foreign investors and prompt them to sell
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EOG Reports Strong Q1 Results From Higher Crude Oil Prices And A Focus On Premium Drilling Locations EOG Resources (NYSE: EOG) reported its first quarter 2018 results on 3rd May and conducted a conference call with analysts the following day. Higher oil prices and production volume coupled with lower per unit cost enabl...
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A Look At The Largest U.S. Investment Banks' Q1 Securities Trading Revenues The five largest U.S. investment banks churned out their best securities trading performance in five years to report combined revenues just shy of $24 billion for the first quarter of 2018.
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What To Expect From Disney's Q2

Forbes - 7 May 2018 19:24
What To Expect From Disney's Q2 Disney (NYSE: DIS) is scheduled to announce its fiscal second quarter results on Tuesday, May 8.
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Emerging Markets To Drive Growth For Anheuser-Busch Anheuser-Busch InBev is expected to report its first quarter results on May 9, wherein growth in both revenue and earnings is expected. This growth can be expected to be driven by its presence in emerging markets....
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Carlyle may close new Asia fund at $6.5 billion

livemint.com - 7 May 2018 18:49
Carlyle may close new Asia fund at $6.5 billion Carlyle Group is set to close its biggest ever Asia private equity fund at $6.5 billion in a deal that adds to the record levels of funds seeking deals in the region
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It is a necessary move for the U.S. retailer to establish an e-commerce presence in a fast-growing market.
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NRIs must convert resident FDs to NRE accounts when going abroad NRIs must not hold resident FDs
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Bitcoin Builds Momentum In Run To $10,000

Forbes - 7 May 2018 16:41
Bitcoin Builds Momentum In Run To $10,000 When will Bitcoin reach $10,000 again?
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Chains of veterinary practices have been through two waves of private-equity-driven consolidation this decade, but the fragmented and recession-proof market has years of M&A ahead.
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Five Low-Debt Stock Buys

Forbes - 7 May 2018 16:06
Five Low-Debt Stock Buys In the era of super-low interest rates, companies took advantage of low rates to borrow a lot of money. That wasn't necessarily wise. Companies without much debt enjoy strategic flexibility.
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How High Are Those Investment Fees You're Paying Anyway? When you purchase an investment, like a mutual fund, fees are tucked in with the price. They whittle down your returns, so you need to know what they are before you buy. Here's how to get that vital information.
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Must-Read Scorecard For The 30 Stocks Of The Dow The Dow Jones Industrial Average fell into correction territory last week but did not stay there thanks to new all-time intraday highs for Apple and Visa on Friday.
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Warren Buffett bashes bitcoin as nonproductive, thriving on mystique Warren Buffett says the mystique behind the cryptocurrency has driven a surge in its price
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Six Months After 'Privatization' Sale, Russia's Rosneft Loses Two Big Buyers Chinese kicked off the Rosneft deal.
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