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Market News

Location American Market News for 13 June 2018
Fed Language Accompanying Expected Rate Hike Is More Hawkish The Fed didn't surprise markets with its rate hike, but its language is sounding more hawkish
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How Is Lear Corporation Likely To Grow In The Next 2 Years? Lear Corporation, (NYSE: LEA), a leading supplier of automotive seating and electrical systems globally, has had a strong start to 2018. Lear's stock price has gained close to 16% since the beginning of the year and we e...
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Why Is Home Depot Making A Considerable Investment In Its Supply Chain? Home Depot (NYSE: HD) has stated its intention of investing roughly $1.2 billion into its supply chain over the next five years. Given the changing retail landscape, the company believes "a great customer experience depe...
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Mutual funds stock up on IT and NBFC scrips

livemint.com - 13 Jun 2018 20:23
Mutual funds stock up on IT and NBFC scrips HDFC was the top buy among large caps, with mutual funds stocking up ₹1,515.16 crore worth shares of the mortgage lender in May
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What Today's Fed Rate Hike Means For Your Debt The Fed just boosted interest rates by a quarter-point. Here's what this means for your credit card debt, student loans, and mortgage.
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Will Big Banks Yield Big Bucks?

Forbes - 13 Jun 2018 19:46
Will Big Banks Yield Big Bucks? As the stock market waits for the FOMC announcement many are wondering how the financial sector, and especially the big banks will react. From a technical perspective is there any sign that they are ready now to yield bi...
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How Whole Foods Gives Amazon a Boost

Wall Street Journal - 13 Jun 2018 19:36
Amazon's acquisition of Whole Foods last year freaked out rival supermarkets, but the real surprise is how much the grocery chain has helped Amazon grow.
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How Will Steel Tariffs Impact Caterpillar?

Forbes - 13 Jun 2018 19:36
How Will Steel Tariffs Impact Caterpillar? U.S. President Donald Trump in March announced that the U.S. would levy a 25% tariff on steel imports and a 10% duty on aluminum. The implementation of these tariffs will no doubt increase the costs for companies like Ca...
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RV Stocks Look Attractive Following Recent Decline After falling out of bed at the close of 2018, RVs sales are booming and investors might take a fresh look at the industry leaders.
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Oberoi Realty launches QIP to raise ₹1,200 crore

livemint.com - 13 Jun 2018 18:35
Oberoi Realty launches QIP to raise ₹1,200 crore Oberoi Realty says it has set a floor price of ₹509.29 per share for the QIP offering
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How Does HSBC's New Growth Plan Impact Its Key Value Drivers? HSBC recently unveiled the growth strategy it intends to pursue over the coming years. The growth plan marks the end of the large-scale reorganization the geographically diversified banking giant has been undergoing sinc...
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Blackstone raises $9.4 bn for Asia realty, PE funds

livemint.com - 13 Jun 2018 18:22
Blackstone raises $9.4 bn for Asia realty, PE funds Blackstone  closes first Asia PE fund at $2.3 bn, while separately raising $7.1 bn for realty fund
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After Trump-Kim Love Fest, Zero Bounce For South Korea South Korea has yet to see a sentiment shift following the historic summit.
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Retail Relief: Changes Coming To NYC's Hottest Shopping Strips As Rents Drop Retail rents are dropping in some of Manhattan's major retail corridors, recent reports show, allowing for new luxury brands on streets like Madison Avenue and a possible massive revitalization in SoHo.
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Truecaller buys Chillr, looks to expand digital payments services Chillr is Truecaller's first ever acquisition in the India market
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Investors are panicking over H&R Block's new financial guidance.
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Yet Another Debt Crisis Is Brewing

Forbes - 13 Jun 2018 16:42
Yet Another Debt Crisis Is Brewing The Institute of International Finance (IIF) has released a worrisome report about the state of global debt, which includes this note about US corporate debt:
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Can The Fed's 'Suicide Squad' Create A Recession? Here comes the next rate hike. Will higher interest rates derail the Trump economy?
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Bitcoin Price Support And Resistance Levels, Made Easy A quick analysis of bitcoin price action based on 3 charts, each with different time frames.
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Trade Wars, Oil, Denuclearization And How Trump Can Win Them All Iranian oil could become the latest bargaining chip in Trump's trade war with China and could even play into talks with North Korea.
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As Investors Await Fed Decision, Market Appears Upbeat On AT&T-Time Warner Ruling A judge gave the go-ahead for the AT&T-Time Warner deal, and Wall Street appears to be loving it. Meanwhile, investors are awaiting an expected rate hike by the Fed and looking for clues about a fourth rate hike.
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Bitcoin hits 4-month low after currency exchange theft After Coinrail announced the theft, the price of bitcoin dropped $500 in an hour and it has continued to slide
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