Market News

Markets in the first half of 2018 were mixed. The Dow Jones Industrial Average, S&;P 500 and Dow Transports peaked in January and are 8.8%, 5.4% and 9.4% below their highs, respectively.

The Japanese benchmark begins July 9.6% below its high. The Chinese benchmark is in bear market territory 22.6% below its high and set a fresh 2018 low of 2,756.82 as July begins. India's benchmark is up just 1.3% year t...

Saudi Arabia is back the "swing" oil producer, ready to raise production to "stabilize" oil prices.

Is Trump's Iran policy to blame for rising gasoline prices and should consumers brace for worse?

We estimate that Pfizer's (NYSE:PFE) R&D expenses will grow in low single digits to $7.8 billion in 2018. However, we expect a slight decline in R&D expenditure as a percentage of Pfizer's gross profit. Of late, many lar...

The macro story still looks pretty intact. India is still the fastest-growing large economy in the world and the govt's focus on fiscal discipline and reforms remains undiminished, says Anuj Kapoor, MD and head of invest...

Intuitive Surgical (NASDAQ:ISRG) generates its revenues primarily from da Vinci products and accessories sales, and services, which includes full-time support to its customers for installation, repairs, and maintenance. ...

According to the company's draft prospectus, Chalet plans to raise Rs950 crore in fresh capital, while the company's promoters are looking to sell 24.68 million shares through an offer for sale

ConocoPhillips (NYSE: COP), an independent oil and gas company, has a notable exposure to crude oil and thus its share price movement remains highly correlated to the changes in the price of crude oil. Consequently, the ...

ArcelorMittal (NYSE: MT) is the world's largest steel producer and the future growth prospects of the company looks bright with its latest approval of the European Commission for its planned acquisition of Ilva. Although...

Come October of 2018 and Canada will become one of the few developed countries to legalize recreational marijuana for adult-use. This revolutionary move has not only sent a wave of joy in the people of the country, but h...

Investors were looking for a significant increase in capital returns from Bank of America after the latest round of the Fed's annual stress, and the banking giant did not disappoint as it announced plans to return as muc...

Late last week, Citigroup detailed plans to return as much as $22 billion to shareholders through dividends and share repurchases over the next twelve years, after the Fed approved the capital plan as a part of the 2018 ...

Tesla hit its Model 3 production goal, but there are plenty of lingering questions for investors to worry about.

In latest report on TAL Education out of China, Muddy Waters sounds alarm bells louder.

Sebi finds ICICI Prudential MF in violation of rules during the last day of ICICI Securities IPO, asking the fund house to pay back Rs240 crore to its five schemes

After the crisis, the Federal Reserve led the world into a monetary experiment that cut rates and stabilized asset prices. Could inflation and higher rates be exported around the globe as easily without any volatility?

If you are an S&P Index fund investor (and so many investors are), congratulations on a stellar 5-year run. Based on recent market history, you will want to strongly consider whether the next 5 years' return will be anyw...

We're in a trade war. No, we're not. Yes, we are, but it won't be so bad. I heard all those conclusions in the last few weeks as President Trump ordered tariffs on US trading partners and threatened even more. Who's righ...

If the foreign portfolio investment flows do not revive by December, the rupee will depreciate further to over Rs70 to a dollar, analysts at Bank of America Merill Lynch said in a note

Market sentiment was once again overshadowed by negativity surrounding global trade as Wall Street looked set to open the first trading day of the second half of the year on the back foot.

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