Market News
HDFC AMC IPO: How to check allotment status
livemint.com - 1 Aug 2018 08:02
HDFC AMC IPO garnered a strong demand from investors and the issue was subscribed 83 times. The retail segment was subscribed 6.6 times.
Hedge Funder David Einhorn, Down Over 18%, Retests Athenahealth Short Despite Buyout Bid
Forbes - 1 Aug 2018 02:16
Struggling hedge funder David Einhorn is re-opening his short bet against Athenahealth, despite a cash buyout offer from Elliott Management and an ongoing sales process.
IMF Produces Another Bogus Venezuela Inflation Forecast
Forbes - 1 Aug 2018 02:00Tesla hits Model 3 production goals, plans to churn out 6,000 weekly by end of August
CNBC - 1 Aug 2018 22:27
Tesla hits Model 3 goals, is able to make 5,000 weekly and at a slight profit
Tesla shares surge as upbeat Musk sees profitable second half
CNBC - 1 Aug 2018 21:53
Model 3 sales fueled revenues, but the company still spent heavily during the quarter.
Fitbit jumps after earnings beat
CNBC - 1 Aug 2018 21:33
The fitness tech company also gave better-than-expected third-quarter outlook.
Square earnings beat: 13 cents per share, vs. 11 cents expected EPS
CNBC - 1 Aug 2018 21:33
Payment company Square reported second-quarter earnings that beat analysts' expectations on Wednesday.
Roche Holdings Will Likely See Steady Earnings Growth Despite Loss Of Patents For Key Drugs
Forbes - 1 Aug 2018 21:32Holding It Steady: Fed Leaves Rates Unchanged Amid Positive Growth Talk
Forbes - 1 Aug 2018 21:24
The Fed probably didn't surprise too many when it left rates unchanged Wednesday. It pointed out what it said is strong economic and labor growth, while noting that inflation is near its 2% target.
If Tesla Falls, Other Electric Vehicles Could Thrive
Forbes - 1 Aug 2018 21:15
While dire predictions for Tesla are rising, a stumble for this electric vehicle maker may be just the help the overall EV industry and market needs.
Trade War Update: Trump To Raise China Tariffs Higher?
Forbes - 1 Aug 2018 21:10
Headline news on China trade tariffs changes by the day, making it incredibly hard for investors to position. No one knows what's coming next.
Beat Private Equity to the Punch on This Value Opportunity
Forbes - 1 Aug 2018 21:07
This week, we're highlighting another cheap retailer that was recently confirmed as a buyout target. This firm also has a high and sustainable dividend yield and upside potential even without an acquisition.
Strong Organic Growth Drives A Beat For Johnson Controls
Forbes - 1 Aug 2018 20:55Socialist Venezuela Falling Apart As President Maduro Shockingly Blames Party
Forbes - 1 Aug 2018 18:43
As Democrats embrace socialist policies here at home, the biggest socialist experiment in Latin America is falling to pieces.
M&A Advisory Fees For Largest U.S. Banks Crossed $2.7 Billion In Q2
Forbes - 1 Aug 2018 18:38Cheesecake Factory craters 13% as labor costs, medical and legal fees squeeze earnings
CNBC - 1 Aug 2018 17:12
Labor pressure and unpredictably high medical and legal expenses weighed heavily on Cheesecake Factory's second-quarter earnings.
Ahead of Fed, Investors Appear to Weigh Strong Apple Results, Trade Worries
Forbes - 1 Aug 2018 16:30
Earnings season and trade tensions appear to be sparring for the market's attention early even as investors await word from the Federal Reserve after the central bank's two-day meeting concludes this afternoon.
Apple market cap near $1 trillion as shares hit record high
livemint.com - 1 Aug 2018 15:46
Apple shares jump 4.3% Wednesday on iPhone sales projection, market cap rises to $970.42 billion
At What Level Do Institutional Buyers Join The Bitcoin Rally?
Forbes - 1 Aug 2018 15:42
Bitcoin buyers jump back into the trade at a specific price level and the CFTC net position data not only highlights these price level but provides sufficient evidence to support this. We are heading that way again and b...
Chesapeake Energy reports quarterly loss on lower natgas prices
CNBC - 1 Aug 2018 15:36
Chesapeake Energy posted a quarterly loss as a drop in natural gas prices and higher expenses ate into the company's margins.
Pullback Or Bear Market: A Look At The Risks
Forbes - 1 Aug 2018 15:10
Several analysts from leading banks have suggested that a bear market is on its way--and sometime soon. Does this mean we should start preparing for the worst? Not so fast, says Commonwealth CIO Brad McMillan, who thinks...
Sprint profit beats on strong wireless growth
CNBC - 1 Aug 2018 14:57
Sprint on Wednesday topped analysts' estimates for quarterly profit.