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Market News

Location American Market News for 28 January 2020
Under the Income Tax Act, tax exemption, rebate and deduction are all different terminologies.You can maximise your tax savings by investing and spending wisely
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Fund That Lost $700 Million on Bearish Bets Fined

Wall Street Journal - 28 Jan 2020 01:17
Catalyst Capital Advisors and its CEO Jerry Szilagyi agreed to pay $10.5 million to settle regulatory claims that the mutual-fund manager misled investors.
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Pfizer reported a 9% drop in fourth-quarter revenue, hurt by intense competition for its pain treatment Lyrica that lost patent protection last year.
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Bond Rally Takes Breather Despite Coronavirus Fears

Wall Street Journal - 28 Jan 2020 23:30
A global bond rally paused after fears around the fallout from a viral outbreak in China pushed yields on U.S. government debt to their lowest levels in months.
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What's Up With WhatsApp And More: Facebook To Post Earnings Wednesday Facebook (FB) enters Wednesday afternoon's earnings release with what seems like the same-old-same-old clouds hovering over it. They range from government investigations to privacy protections to political brouhaha that'...
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The U.S. Markets' Lack Of Reaction To China's Coronavirus Is Frightening This morning on CNBC, Patrick Perret-Green of AdMacro noted that, during the SARS crisis, China sported a $1.5 trillion GDP, representing about 4% of global GDP.
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Las Vegas Sands Stock Could Bounce Back

Forbes - 28 Jan 2020 21:23
Las Vegas Sands Stock Could Bounce Back A bullish technical signal just flashed for Las Vegas Sands (LVS) stock
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Coronavirus Hits Big Business: These Companies Are Cutting Operations And Restricting Travel To China As Disease Spreads Numerous companies are closing shops in China.
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Stock Market's January Barometer Is Still Bullish

Wall Street Journal - 28 Jan 2020 19:53
If the S&P 500 can eke out a gain this month, history indicates bigger gains might be in store for 2020.
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Near-Zero Interest Rates Ain't No Death Kiss Over half a century, I've dodged Federal Reserve Board bullets of ratcheting interest rates and excessive margin requirements, a recurrent nightmare for market operators.
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UTC Risks Decision Fatigue in a Transformative Year

Wall Street Journal - 28 Jan 2020 19:25
Strong results from United Technologies' core aerospace business only highlight unanswered questions about its merger with defense company Raytheon.
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Why Capex Can't Catch a Break

Wall Street Journal - 28 Jan 2020 18:57
One-off issues keep getting in the way of a capital spending revival. It is time to ask if those issues aren't the real problem.
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Harley-Davidson Enters Oversold Territory

Forbes - 28 Jan 2020 18:45
Harley-Davidson Enters Oversold Territory shares of HOG entered into oversold territory, changing hands as low as $32.45 per share.
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Mint Globetrotter Index: Take a trip to Bangkok

livemint.com - 28 Jan 2020 18:09
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
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How much tax do you pay on your bond investments?

livemint.com - 28 Jan 2020 17:54
Among debt instruments in India, there are various types of bonds available, with different features--duration, tax benefits, coupon rates, and lock-ins.Take a look at the applicable taxation before investing
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Facebook users are clicking on more and more ads according to the company's own tools that are provided to advertisers.
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World Health Organization Says No Need To Evacuate Wuhan As Market Panic Subsides Stay put, says WHO director. Meanwhile, markets bored with bad news. Hong Kong tests a coronavirus vaccine.
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TPG Sixth Street Partners, which was founded in the depths of the financial crisis by a group of former Goldman Sachs investors, is in talks to buy back a sizable portion of TPG's minority stake.
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Washington Tightens Stranglehold On Iranian Oil, And Its Buyers Washington is squeezing the last dollar out of the last ounce of Iranian oil. Take your pick, world: Tehran, or the U.S. financial system?
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Gold Stays Steady as Coronavirus Fears Linger

Wall Street Journal - 28 Jan 2020 17:18
Gold prices hovered near their highest level since April 2013, preserving a monthslong rally that has seen investors flock to the safe-haven metal with uncertainty about geopolitics and now the coronavirus swinging marke...
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Apple, Starbucks Face Different Challenges In Coronavirus Outbreak Starbucks and Apple are going to be facing a new set of questions about challenges in China on their first earnings calls of 2020.
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Charged Up: Tesla To Report Q4 With Stock In A Hyperbolic Rally Very few stocks have seen a rally as turbocharged as Tesla (TSLA) these past few months, but this Wednesday afternoon we'll get to see if the numbers might back it up. The question is whether the earnings data and guidan...
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