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Market News

Location American Market News for 17 September 2018

IL&FS: It's time for a surgery, not band-aid

livemint.com - 17 Sep 2018 03:09
IL&FS: It's time for a surgery, not band-aid An IL&FS bailout will bring the firm out of the cash crunch. But unless the fundamental issues are addressed, it is just about kicking the can down the road
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Trump's Tariffs Will Hurt American Consumers, Workers And U.S. Banks US bank regulators should require that banks evaluate their credit and market exposures to China and to increase capital to sustain unexpected losses. Waiting for further escalation in the current conflict for bank risk ...
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Oracle reported revenue that missed analysts' estimates even as profit was better than expected.
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The Fall In The Value Of The Indonesian Rupiah -- Déj Vu 1998? In 1998, thanks to President Bill Clinton and the IMF, the Indonesian rupiah collapsed, and inflation surged. I know every act in this play because I had a front row seat as Suharto's Special Counselor. The prospect of a...
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Is Dunkin' Brands An Acquisition Target?

Forbes - 17 Sep 2018 20:45
Is Dunkin' Brands An Acquisition Target? The recent acquisition announcement of Costa Coffee by beverage giant The Coca-Cola Company (NYSE:KO) has led to speculation regarding Dunkin' Brands (NASDAQ: DNKN) being a takeover target. These rumors have led to a mar...
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What Differentiates Canadian Online Cannabis Retailer Namaste Technologies From Other Pot Stocks? Unlike the Canadian cannabis producers who have been gearing up for the legalization of recreational marijuana since last year, Namaste Technologies (CVE:N), a leading online retailer of ancillary hardware cannabis produ...
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Motilal Oswal real estate arm raises ₹575 crore for latest fund The money will be used to develop affordable residential real estate in India's top six cities, while a smaller amount will selectively be invested in commercial projects
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Govt proposals fail to calm markets; rupee, stocks continue slide Stocks were also hit as Goldman Sachs changed its investment view on Indian equities from overweight to marketweight
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Coca-Cola Goes Back to the Future

Wall Street Journal - 17 Sep 2018 19:41
Many were surprised to see that Coca-Cola, the world's largest beverage company, is considering dipping its toes into the cannabis market.
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Is This Just The Calm Before The Storm?

Forbes - 17 Sep 2018 18:59
Is This Just The Calm Before The Storm? Markets are subdued right now, with the S&P 500 having gone more than 55 days without a 1 percent move in either direction. Trading volumes are also lower-than-average, suggesting Wall Street is in wait-and-see mode befo...
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Why Apple Is Worth $230 Per Share

Forbes - 17 Sep 2018 18:50
Why Apple Is Worth $230 Per Share We have increased our price estimate for Apple from about $194 per share to $230 per share, to account for a strong revenue cycle over FY'19 driven by the company's three new iPhones, continued strong Services momentum a...
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Transocean's Deal-Making Activity Is A Sign Of Growing Confidence In The Offshore Recovery Earlier this month, Transocean announced that it planned to acquire offshore drilling contractor Ocean Rig in a cash-and-stock deal valued at about $2.7 billion, as it looks to strengthen its ultra-deepwater fleet ahead ...
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The Remarkable, Steady Uptrend In The Price Of Oil The price of a barrel of oil is up dramatically since 2016. Can this continue? Here are the price charts.
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Recession in 2020? Keep an Eye on the Data

Forbes - 17 Sep 2018 18:07
Recession in 2020? Keep an Eye on the Data Are we headed for a recession in 2020? Commonwealth CIO Brad McMillan says while a downturn may be ahead, we need to focus on the data, not the date.
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Twitter shares sink after analyst flags accounting 'smoke and mirrors' Twitter's stock dropped as much as 5.6% to the lowest intraday in about five months, taking other large-cap technology firms down with it
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Cannabis Hot On Consolidating To Build Scale Mid-sized US and Canadian producers feel threat from majors
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Apple's New iPhones Fail To Impress Consumers Consumer reaction to the Apple keynote event has been a phenomenal predictor of company revenues and stock price over the last five years. The response to the 2018 keynote suggests that Apple may be in for an uphill batt...
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Coca-Cola Is Considering CBD For Infused Beverage Line The Atlanta-based world beverage leader could soon add non-intoxicating cannabidiol to its ingredient list for certain products.
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Listed In London, Drilling In Denver: Meet The Oilman Who Covets Barrels As Much As Technology For many investors, Robert Price's Highlands Natural Resources offers a gateway to the U.S. shale boom, but there's more to the independent upstart than just cashing in on barrels.
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Dow Transports Set New High, Parabolic Bubbles Spread To Dow Industrials, S&P 500 And Nifty 50 The Dow Jones Industrial Average), S&P 500, Nasdaq Composite, Dow Jones Transportation Average and the Russell 2000 have positive but overbought weekly charts with the Dow and S&P 500 showing a stochastic reading above 9...
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Offshore rupee bonds get tax exemption on interest payment Move seeks to improve capital inflow, help the rupee strengthen against the US dollar
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Report: Google's China Platform Logs Phone Numbers, Censors Results, Drove Engineer To Quit Google's 'Dragonfly' project would reportedly allow easier government access to search logs, and tie them to users' mobile numbers.
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