Market News
What To Expect From Morgan Stanley's Q2 2019 Results
Forbes - 17 Jul 2019 17:00
Morgan Stanley reports its Q2 2019 earnings on 18th July. Consensus figures points to a 6% decline in revenues year-on-year to $9.99 billion, and a 12% drop in EPS figure to $1.14. Per Trefis, Morgan Stanley' stock has a...
Surprising Analyst 12-Month Target For The Vanguard Small-Cap Growth ETF
Forbes - 17 Jul 2019 16:25
For the Vanguard Small-Cap Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $208.45 per unit.
What Reckitt's $1.4 Billion Settlement Says About The Pharma Industry
Forbes - 17 Jul 2019 22:26
Making misleading claims about the safety and effectiveness of drugs to convince doctors to write more prescriptions has long been one of the pharmaceutical industry's favored methods of driving profits.
Will Aadhaar interchangeability for ITR make PAN redundant?
livemint.com - 17 Jul 2019 21:58
Apart from interchangeability with PAN, Aadhaar can also be quoted in other transactions that otherwise require quoting of PAN.In a few years, Aadhaar may become the primary ID for individuals and, perhaps, PAN will beco...
Netflix tanks after whiffing on global paid subscribers
CNBC - 17 Jul 2019 21:30
The company blamed its Q2 content slate and price increases for the subscriber miss.
IBM reports better-than-expected earnings, maintains full-year guidance
CNBC - 17 Jul 2019 21:30
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.
Fifth CPSE ETF tranche set to open tomorrow
livemint.com - 17 Jul 2019 21:22
The 2019 budget has proposed to include CPSE ETFs in the ELSS category that is eligible for tax deduction, but past returns have not been inspiring.Since CPSE ETFs may now come in the ELSS category, investors may have to...
Before filing your tax returns this year, calculate and pay self-assessed tax
livemint.com - 17 Jul 2019 21:02
Taxpayers are required to pay tax on the consolidated income from all the five sources of income--income from salary, business and profession, house property, capital gains and other sources.Tax can be paid either offlin...
What To Expect From Philip Morris' Q2 2019 Earnings Report?
Forbes - 17 Jul 2019 20:52
Philip Morris International (NYSE: PM) is set to release its Q2 2019 financial results on July 18, 2019, followed by a conference call with analysts. The company is expected to report revenue of $7.42 billion in Q2 2019,...
Fruits get cheaper, pulses expensive
livemint.com - 17 Jul 2019 20:40
Price of fruits that saw an inflation of 10.13% last year drastically came down and witnessed a deflation of -4.18%
How Is Union Pacific Likely To Have Fared In Q2?
Forbes - 17 Jul 2019 20:29
Union Pacific Corporation (NYSE: UNP) is set to release its Q2 financial performance on July 18. We expect the company to post a modest decline in revenues, primarily led by its Energy and Agriculture divisions, amid exp...
Despite budget sops, EVs may find few takers yet
livemint.com - 17 Jul 2019 20:28
High initial cost and lack of infrastructure are major hurdles to EV adoption in India.One of the downsides of owning an EV is that you may not be able to use it for a distance of more than 100km
If Boomers Want To Retire, They'll Have To Work With Millennials On Hard Policy Questions
Forbes - 17 Jul 2019 19:02
I recently interviewed Wall Street Journal columnist Joseph Sternberg about his provocative new book, The Theft of a Decade: How the Baby Boomers Stole the Millennials' Economic Future.
The Cloud Episode: As Microsoft, Amazon Report, Both Reach For Big DoD Contract
Forbes - 17 Jul 2019 18:23
The cloud business comes into focus as Microsoft reports earnings this week, followed by Amazon later this month. Both are competing for a huge government contract.
The Loop That Would Rocket Passengers Around Las Vegas At Great Speeds
Forbes - 17 Jul 2019 17:44
Notes from the hyperloop conference last week in Golden, Colorado, organized by the non-profit Hyperloop Advanced Research Project.
Hyperloop Would Rocket Passengers Underground Around Las Vegas: Really?
Forbes - 17 Jul 2019 17:44
Notes from the hyperloop conference last week in Golden, Colorado, organized by the non-profit Hyperloop Advanced Research Project.
UnitedHealth Group Looks Poised To Report Strong Q2 Results
Forbes - 17 Jul 2019 17:25
UnitedHealth Group will report its Q2 2019 earnings on July 18. Consensus figures points to an 8% growth in revenues y-o-y to $60.59 billion, and a 16% increase in EPS figure to $3.45. Per Trefis, UnitedHealth Group's st...
Surprising Analyst 12-Month Target For The First Trust Dow Jones Internet Index Fund ETF
Forbes - 17 Jul 2019 17:25
For the First Trust Dow Jones Internet Index Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $164.10 per unit.
Bank Of America Confirms The Trend Of Profit Erosion At Big Banks
Forbes - 17 Jul 2019 17:24
We know the second quarter was a period of profit pressures for the banks as the U. S Treasury yield curve was inverted for every day of that period.
Industry Headwinds Would Have Weighed On Honeywell's Q2 Results
Forbes - 17 Jul 2019 17:20
Honeywell is a multinational conglomerate that produces commercial and consumer products, engineering services, and aerospace systems. The company is slated to report earnings on July 18. Per Trefis, Honeywell's shares h...
Did Elliott Management And The Oracle-Microsoft Deal Impact SAP's Q2 Results?
Forbes - 17 Jul 2019 17:15
SAP (NYSE: SAP) is slated to report its Q2 results on Thursday, July 18. The company beat consensus expectations on revenue and earnings in the previous quarter. Per Trefis estimates, SAP's shares have a fair value of $1...
Over 1.46 crore I-T returns filed so far; 90.8 lakh taxpayers file ITR-1
livemint.com - 17 Jul 2019 17:14
As per data compiled by revenue dept, a total of over 7.94 lakh tax returns were alone filed on 16 July, of which over 5.26 lakh was ITR-1 or Sahaj .Officials said higher return filing is on account of convenience, mainl...