Market News
Sharing Tech Won't Vindicate UTC-Raytheon Megamerger
Wall Street Journal - 7 Aug 2019 13:04
United Technologies and Raytheon tout the advantages of combining their technological expertise through the megamerger they announced in June. A look at their patent portfolios suggests that any such gains will be scant.
Stocks to Watch: Disney, Wynn Resorts, Hertz, and Microchip Technology
Wall Street Journal - 7 Aug 2019 12:27
As the drumbeat of earnings reports continues, Disney, Wynn Resorts, Hertz, and Microchip Technology are among Wednesday's stocks to watch.
Facebook's Rebranding Could Faceplant
Wall Street Journal - 7 Aug 2019 12:00
Facebook's move to add its name to Instagram and WhatsApp platforms could fuel or cut the growth engine.
Energy Dealmakers Keeping Powder Dry In Powder River Basin
Forbes - 7 Aug 2019 22:38
Wyoming's Powder River Basin holds potential for good oil production in a fossil-fuel-friendly province. But M&A from public operators has been put on hold, thanks to lack of investor support.
Lyft Stock Spikes As It Expects To Lose Less Money In 2019
Forbes - 7 Aug 2019 22:28
Lyft's revenue beat expectations, and it lowered its loss guidance for the year.
AIG's Profit Rises, Boosted by Flagship Business
Wall Street Journal - 7 Aug 2019 22:19
American International Group posted a nearly 18% increase in second-quarter net income, with a turnaround effort at one of the world's biggest sellers of insurance gaining ground.
IAC exploring spin-off of Match Group and ANGI Homeservices
CNBC - 7 Aug 2019 22:09
IAC says it's exploring a possible distribution of its interests in Match Group and ANGI Homeservices to its shareholders.
Lyft flat despite strong earnings report
CNBC - 7 Aug 2019 22:06
Lyft beat analysts' expectations across the board for its second quarter trading on public markets.
Do Barclays, JP Morgan, And Credit Suisse Agree On Vale's Stock Price Estimate?
Forbes - 7 Aug 2019 21:52
Vale stock (NYSE: VALE) has seen some volatility this year, driven by declining iron ore volume due to production cuts following a major dam accident at one of its sites in Brazil. Overall, brokerage firms still remain b...
New York Times: Why Did The Stock Almost Triple In 3 Years?
Forbes - 7 Aug 2019 21:39
New York Times (NYSE: NYT) stock price has increased by 175% from $12.84 per share in August 2016 to $35.27 per share in August 2019. The increase in NYT's stock was primarily driven by healthy growth in the company's re...
3 Loser ETFs You Must Dump Now (And 3 Big Dividends To Buy Instead)
Forbes - 7 Aug 2019 21:38
Is last week's rate-cut temper tantrum the start of a bigger meltdown?
Soon, pay school fees via Bharat Bill Pay
livemint.com - 7 Aug 2019 21:02
Currently, service providers for electricity, water, telecom, gas and direct-to-home are enabled to use BBPS.RBI decided to reduce the risk weightage for consumer credit (other than credit card loans) from 125% to 100%
Will banks pass on rate cut benefits to you?
livemint.com - 7 Aug 2019 20:44
The transmission of policy repo rate cuts to WALRs on fresh rupee loans of banks has improved marginally since the MPC last meeting, RBI said.RBI's statement in June noted that a 0.5% cumulative cut in February and April...
Opinion | 110 bps cut later, transmission is the key now
livemint.com - 7 Aug 2019 20:32
RBI has infused liquidity in the banking system, which is currently in surplus
Of RBI rate cuts and prayers lost in transmission
livemint.com - 7 Aug 2019 20:14
So far, despite considerable reduction in key policy rates in 2019, loans haven't gotten cheaper.Mint delves into the details to tell you if better tidings are on the way
For Struggling Legacy Transit Systems, New Mobility Options Present Challenges and Opportunities
Forbes - 7 Aug 2019 18:55
Despite decades of ridership and revenue growth, the country's busiest transit systems have struggled in recent years both at the turnstile and in the farebox, even as operating costs and unmet capital needs continue to ...
Analysts Are Missing That New-Car Smell
Wall Street Journal - 7 Aug 2019 18:50
The Big Three U.S. car companies, GM, Ford and Fiat Chrysler, are no longer reporting monthly sales.
Europe's Banks Warn About Prospects
Wall Street Journal - 7 Aug 2019 18:33
Banks in Germany, Italy and Holland, warned that making money and improving operations are becoming more challenging as already-low interest rates look set to tick lower.
How The Journal Analyzed Credit Ratings
Wall Street Journal - 7 Aug 2019 18:31
Examination of deal data gives a direct comparison of rating firms' grades across a large swath of the U.S. market for structured securities
Trump's Currency Manipulator Charge Makes The 'China Fight' Global
Forbes - 7 Aug 2019 18:23
the consensus opinion going around--on this step to label China a currency manipulator--is that it's futile/ineffective. I disagree.
Inflated Bond Ratings Helped Spur the Financial Crisis. They're Back.
Wall Street Journal - 7 Aug 2019 18:22
Credit-grading agencies are giving out increasingly optimistic appraisals as they fight for market share in booming debt-securities markets. "We don't trust the ratings."
Do RWAs need to pay GST on society fee?
livemint.com - 7 Aug 2019 18:21
RWAs' GST liability depends on annual turnover, maintenance fee.If RWA members contribute less than ₹7,500 a month each, the said RWA is exempt from paying GST, irrespective of the annual turnover