Market News
Financial Abuse in the Age of Smartphones
Wall Street Journal - 7 Dec 2019 16:00
Smartphones and tracking devices have given abusive partners more tools to surveil and control their spouses. At the same time, though, technology is also helping victims discover hidden assets.
Time For 2020 Market Forecasts, Most Will Be Wrong
Forbes - 7 Dec 2019 15:30
It's the time of year when market forecasts are issued by the the big banks and brokerage houses. These forecasts are more often wrong than right. Here's why.
Employees Provident Fund (EPF) subscriber? Don't forget to complete KYC
livemint.com - 7 Dec 2019 03:53
It is in your interest to update your KYC details in the Employees' Provident Fund Organisation (EPFO) portal.Here is how to update your KYC for your EPF account online
Earnings Preview: What To Expect From Costco On Thursday
Forbes - 7 Dec 2019 19:01
Costco Wholesale is expected to report a gain of $1.70/share on $37.43 billion in revenue. Meanwhile, the so-called Whisper number is $1.74. The Whisper number is the Street's unofficial view on earnings.
Earnings Preview: What To Expect From Lululemon On Wednesday
Forbes - 7 Dec 2019 18:54
Lululemon Athletica is expected to report a gain of $0.93/share on $896.50 million in revenue. Meanwhile, the so-called Whisper number is $0.98. The Whisper number is the Street's unofficial view on earnings.
Apple's New Buds Sing an Old Tune
Wall Street Journal - 7 Dec 2019 16:00
Hot demand for new AirPods show Apple retains its hardware chops despite focus on services.
GFY: An "Orphaned Position" In The Closed-End Fund Market
Forbes - 7 Dec 2019 15:00
As nominal treasury rates and global interest rates continue their downward trend, opportunities for attractive, risk-adjusted returns in today's market are seemingly few and far between. However, the closed-end fund mar...
Clients Pull Money at Hedge Fund That Helped Kill Toys 'R' Us
Wall Street Journal - 7 Dec 2019 15:00
Solus Alternative Asset Management, a New York hedge fund best known for its role in the bankruptcy of Toys "R" Us, is under pressure from investors unhappy with its performance.
The Four Most Overbought Dow Stocks
Forbes - 7 Dec 2019 14:16
As the Dow Industrials made another new high in November it is important to analyze the stocks that make up the average to see which stocks are the most overbought. This analysis can identify which stocks may be the most...
Personal income tax rate cut soon, hints Nirmala Sitharaman
livemint.com - 7 Dec 2019 10:06
When asked how soon there will be a relief on personal income tax, Finance Minister Nirmala Sitharaman said, 'wait for the Budget'.A cut in personal income taxes would put more pressure on government's finances, especial...
SBI to soon block old ATM-cum-debit cards
livemint.com - 7 Dec 2019 04:02
SBI customers can replace their ATM-cum-debit card by either by visiting their Home Branch or through internet banking.SBI has also informed its customers that they don't have to pay anything for upgrading their card to ...
Senior citizen bank fixed deposit (FD) rates at 9.5%. Check interest rates here
livemint.com - 7 Dec 2019 04:02
All the top lenders including, State Bank of India (SBI), ICICI Bank, HDFC Bank and others give 50 basis point to senior citizens.Senior citizen bank FD rates: The interest rate offered by small finance banks are higher ...
File your belated ITR this month or pay higher penalty from January
livemint.com - 7 Dec 2019 03:55
You have time till March 2020 to file you belated income tax returns (ITR) for FY 2018-19.Filing of belated ITR by December 31 can save you ₹5,000 in penalty
Finance Executives Regained Confidence In The U.S. Economy For 2020
Forbes - 7 Dec 2019 01:47
A report released Thursday found that half of the finance experts surveyed are optimistic about the outlook, up from 42% last quarter, but a notable decrease from 79% early last year.
SEC Rejects NYSE Plan to Expand Direct Listings
Wall Street Journal - 7 Dec 2019 01:21
The SEC rejected a proposal from the New York Stock Exchange to create a new type of direct listing that would let companies raise capital.
Alphabet, Campbell, Expedia: Stocks That Defined the Week
Wall Street Journal - 7 Dec 2019 00:31
Stock indexes finished the week near flat after a strong jobs report sent shares higher Friday. Here are seven individual stocks that moved on news during the week.