Market News
BlackRock Unit Gets Approval to Take Russia-Linked Firm's Stake in Cybersecurity Company
Wall Street Journal - 20 Aug 2019 23:34
A national-security panel that oversees foreign investment in U.S. businesses approved the transfer of a stake in cybersecurity company Cofense from a Russia-linked private-equity firm to funds managed by BlackRock.
Shrinking U.S. Crude Discount Threatens Exports
Wall Street Journal - 20 Aug 2019 17:38
The discount of the U.S. crude-oil benchmark to the global Brent price has fallen to its lowest level in more than a year, driven by an expansion in pipelines.
Investors Don't Love Elanco's New Tricks
Wall Street Journal - 20 Aug 2019 17:06
Elanco is smart to buy Bayer's animal-health business, but a high deal price could mean shares languish.
Political Turmoil Creates Profit Opportunities
Forbes - 20 Aug 2019 23:34
AES Corp announced guidance-beating second quarter results. Telefonica S.A. posted accelerating revenue and cash flow growth that topped most analysts' estimates. CLP Holdings affirmed long-term profit targets and raised...
This Fund Turns Plunging Interest Rates Into A Growing 8.4% Dividend
Forbes - 20 Aug 2019 21:40
This fund trades at a huge discount that's going to disappear soon.
The Rise of 'Stakeholders' Isn't So Sudden
Wall Street Journal - 20 Aug 2019 21:32
Public companies have been talking up their so-called stakeholders long before the Business Roundtable decided to make it official.
Here's How Another 50% Drop In Uber Stock Could Happen
Forbes - 20 Aug 2019 21:04
Uber (NYSE: UBER) stock has declined by about 24% since it debuted in May 2019, amid significantly slowing revenue growth and mounting losses. In this analysis, we break down some of the key factors driving the company's...
The Case For Lower U.S. Rates
Forbes - 20 Aug 2019 20:12
Whether through headlines online or in print, talking points on TV or gyrating tickers, you've likely been made aware of the recent volatility in global equity markets. But there's another prevalent piece of the equation...
Madison Square Garden Shares Have Trouble Scoring
Wall Street Journal - 20 Aug 2019 20:03
Shares of Madison Square Garden, home to the New York Knicks basketball team, fell 9.3% in recent trading Tuesday, on track for the biggest single-day decline on record.
Tax notices to soon carry an identification number
livemint.com - 20 Aug 2019 19:42
DIN is likely to improve transparency and bring down the processing time of notices.DIN won't be limited to new tax notices. It will also be issued to all the pending cases after they get computerized
Tax on your gold and real estate investments
livemint.com - 20 Aug 2019 19:28
If you choose to reduce exposure to gold and real estate, do pay attention to the tax rules that will apply.Here is a look at the taxes that apply to short-term and long-term gains from these two asset classes
The Bond Markets Are Telling You To Sell Stocks
Forbes - 20 Aug 2019 19:19
As stocks require economic growth to expand in price (in theory, anyway,) that led to the capper of my headline: "And You Should Sell Your Stocks."
Opinion | Riding out the slowdown roller coaster
livemint.com - 20 Aug 2019 19:07
Whatever the situation, make an emergency fund and unlock the money in bad places
U.S. Government Bonds Rise on European Turmoil
Wall Street Journal - 20 Aug 2019 18:34
Treasurys climbed after Italy's coalition government dissolved, adding to the array of risks facing global investors.
Volatility for Retailers Isn't Over, Options Indicate
Wall Street Journal - 20 Aug 2019 18:24
It has been a wild earnings season for retailers, and options traders are bracing for bigger stock swings for some shops.
Amazon Needs To Make A New High For This Bull Market To Continue
Forbes - 20 Aug 2019 18:18
If you want to know if we're still in a bull market, watch Amazon's stock price.
Signal Says EXACT Sciences Stock Can Stay Hot
Forbes - 20 Aug 2019 18:17
EXACT Sciences stock has pulled back to a historically bullish trendline
Mint Globetrotter Index: Take a trip to Paris
livemint.com - 20 Aug 2019 18:11
The Mint Globetrotter index compares the cost of 25 essential travel spends for 50 cities across regions.Here, Mint Money will list these 25 spends for a city and compare it with Delhi
Textron To Review Strategic Alternatives To Spin-Off Its Kautex Business Unit
Forbes - 20 Aug 2019 17:59
On August 5, 2019, Textron Inc. (NYSE: TXT), which owns the Germany based unit of the Kautex, announced that it is reviewing the strategic alternatives for the business unit. . Spin-Off Research, founded by Joe Cornell, ...
Recession Fears Take a Rest at Home Depot
Wall Street Journal - 20 Aug 2019 17:53
For Home Depot, a mixed second quarter was enough to send its stock sharply higher Tuesday. Investors had apparently steeled themselves for worse results.
United States: Politics Continue To Weigh On Yield Curve
Forbes - 20 Aug 2019 16:39
Forward-looking highlights from GeoQuant's high-frequency political risk intelligence platform.
Regulators Flesh Out Volcker Rule Changes
Wall Street Journal - 20 Aug 2019 16:34
U.S. regulators unveiled final changes to Volcker-rule restrictions on proprietary trading by financial firms, removing a provision opposed by the biggest banks and giving some regulatory relief to smaller firms.