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Market News

Location American Market News for 4 September 2019

Jeep Sales Are in the Breakdown Lane

Wall Street Journal - 4 Sep 2019 18:12
Ample Jeep Wrangler inventory from a two-year-old model may hold back any revival in sales.
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Uber's Nightmare Has Just Begun

Forbes - 4 Sep 2019 15:33
Uber's Nightmare Has Just Begun Uber is worth no more than $20 to $22/share. And that's currently 30% below its price. That's where I see the stock going in the coming years.
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Senators Scrutinize U.S.-China Ethane Supply Deals

Wall Street Journal - 4 Sep 2019 13:00
A pair of U.S. senators are probing an energy company that wants to export ethane from a riverfront facility in Texas to China.
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Is Roche In Trouble With $21 Billion In Sales Nearing Patent Expiry? Roche Holding's (NASDAQ:RHHBY) key blockbuster drugs - Herceptin and Avastin - will lose their market exclusivity in 2019, while another blockbuster drug, Rituxan, has already lost its exclusivity. These three drugs are ...
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An All-American Pickup Fight Is Revving Up

Wall Street Journal - 4 Sep 2019 11:17
So far, Tesla's efforts to disrupt the auto industry have caused more trouble in the luxury-sedan hub of Germany than in Detroit. But that is starting to change.
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How to check income tax returns (ITR) status

livemint.com - 4 Sep 2019 04:52
Checking the status of your ITR on the income tax department's e-filing website is simple.Here is a step-by-step guide on how to check ITR status and track refunds
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Bank of Baroda (BoB) has revised interest rates on fixed deposits with effect from 31 August.Bank of Baroda offers special interest rate on FD for senior citizens
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How To Create A Low-Cost, Diversified And Global Portfolio For Under 0.09% In Fees How to get started with just 3 ETFs to build a portfolio holding thousands of stocks and bonds.
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2019 Theme Of 'Slowing But Growing' Continues Don't be surprised to see both economic and earnings growth rates slow from the torrid pace they set in 2018 and likely slow down further in 2020.
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You've Got Income Forever With These Recession-Proof 6.5% Dividends Are you worried that you're going to outlive your money?
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Home Office Tax Deductions Are Fantastic: Learn How To Do It The home office deduction is no longer a red flag. Countless taxpayers run businesses from home, and the IRS understands this. Employees can exclude reimbursements from the employer for home office expenses from taxable ...
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Slack's revenue got impacted in its first earnings report as a public company by service issues that caused the company to offer credits to customers.
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Options Clearing Corp. to Pay $20 Million to SEC, CFTC

Wall Street Journal - 4 Sep 2019 20:41
The central clearinghouse serving as a backstop for trades in the options market has agreed to pay a $20 million fine and strengthen its compliance programs to settle U.S. regulatory investigations.
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Are U.S. Treasuries An Assassin's Mace Or China's Trump Card? Weaponizing Treasuries In A Trade War Is China holding the ultimate 'Trump Card' in the form of U.S. Treasury Securities? Find out how China could potentially strike at the U.S. Dollar with an unlikely approach.
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Rewire your money habits to become your own guru

livemint.com - 4 Sep 2019 19:47
This Teacher's Day, find out how you can teach yourself the right financial lessons.Take a holistic view of your financial life and habits, then eliminate the ones that are holding you back
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Starbucks Is Cooling Off in Bad Sign for Corporate Profits

Wall Street Journal - 4 Sep 2019 19:45
Starbucks served up a weak outlook to shareholders for next fiscal year's earnings, adding to an increasingly hazy view around corporate-profit growth beyond 2019.
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The term was used by an MPC member during RBI's policy review meeting last month
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Apple Leads Corporate Bond Bonanza

Wall Street Journal - 4 Sep 2019 19:25
Apple joined U.S. companies taking advantage of the steep decline in benchmark interest rates and a surge in investor demand.
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Don't use ELSS for goal-oriented saving

livemint.com - 4 Sep 2019 19:18
All tax-saving options come under Section 80C of the I-T Act which covers other products such as life insurance premium, home loan repayment, PF, NPS and others.For long-term portfolio, you can consider a mix of large-ca...
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Over-exposure to FDs is not good, and you need to assess your asset allocation and goals to decide how much money you should park in them.Here is a list of banks that offer the highest FD rates for deposits up to 1 crore...
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Armchair Players Can Beat The Smartest Guy In The Room One of the largest and richest hedge fund operators shorted the bond market this year and dropped a ton of money. No matter his name. He made a bad macro call and I'm not aware the position is unwound.
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Next Up In China Trade War: Biotech Purge?

Forbes - 4 Sep 2019 18:08
Next Up In China Trade War: Biotech Purge? The Pentagon is making Chinese biotech an issue. Nasdaq listed biotech company Tyme is an example of why to worry, and why not to.
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