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Market News

Location American Market News for 22 March 2021

Oil Giant Aramco's Shares Remain a Curiosity

Wall Street Journal - 22 Mar 2021 15:11
While Aramco will likely continue to play its role as the central banker of oil, its stock-market listing is more a curiosity than a reality for global investors.
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The Federal Reserve's Easy Money Policy Is Becoming Irrelevant, So Adopt A Wise Investment Strategy It is time to plan and act for the changes coming
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Don't forget to add nominee when opening online trading account Many tend to delay the process, and it can create problems for the legal heirs if the account holder dies without appointing a nominee.If you are opening an online demat account, don't delay sending the physical nominati...
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What Are SPACs, And Why Is Everyone Talking About Them Right Now? We're not quite three months into 2021, and yet U.S. SPACs have already raised more money than the record $83.4 billion that was raised in all of 2020.
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IRS Will Send Second Round Of Stimulus Payments This Week--Including Paper Checks And Debit Cards New direct deposits will clear on March 24, the agency said.
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Not a Bad Time to Lose a Major Chip Deal

Wall Street Journal - 22 Mar 2021 18:22
Applied Materials' prospects look strong with a chip shortage boosting equipment demand.
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Flutter Entertainment To Explore Partial Initial Public Offering For FanDuel In The U.S. The company's clarifi cation is a response to the recent press speculation concerning a potential IPO of FanDuel.
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Deliveroo Aims for $12 Billion Valuation in London IPO

Wall Street Journal - 22 Mar 2021 17:57
The Amazon-backed U.K. startup set a price range for its planned listing, posing a test for continued investor appetite in online food-delivery services following the strong market debut of U.S. peer DoorDash.
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Top Stocks To Short Today As Tech Shares Rise As bond yields finally drop and tech stocks climb, the deep learning algorithms at Q.ai have crunched the data to give you today's best short plays.
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Private Homecare Giants Taking Stock Of Going Public The Covid-19 pandemic has been bad for nursing homes but great for home health. The companies that are taking care of the elderly and sick in the comfort - and now relative safety - of their own homes, are being rewarded...
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Bill Gates Wants Rich Countries To Move To 100% Synthetic Beef, But Here's The Opportunity Behind This Trend Want to help save the planet? Stop eating beef. At least, that's what Bill Gates says.
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Turkey's Central Bank Chooses the Wrong Kind of Heterodoxy

Wall Street Journal - 22 Mar 2021 16:20
Economic policy is undergoing a bit of a revolution right now, with many once-heterodox ideas about growth, inflation and monetary policy finding validation. Turkey's faith that it can tame inflation by lowering interest...
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Four Bargain Recovery Stocks Paying Between 4% And 10% As we Americans reemerge from our homes, select "return to normal" dividend payers are poised to deliver big gains.
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Why Uber, DoorDash And Carvana Got Riskier Post Earnings The latest earnings reports for these stocks reveal no real good news and confirm our original Danger Zone thesis for each of them.
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What Is Missing From Purdue Pharma's Audacious, Proposed Bankruptcy Plan Purdue Pharma's latest proposal to settle its liability for the opioid crisis has some major problems that should be addressed before it is approved.
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Tech Stocks Rise Again As More Than $50 Billion In Deals Take Hold The broader market, meanwhile, is largely muted.
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Yields In Driver's Seat: Early Dip Could Support Tech, Weigh On Financials It was interesting to see some merger action in the railroad industry over the weekend, because that's a sector where you don't see deals very often. The industry could come into more focus if Congress gets an infrastruc...
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Turkish Lira Plunges 15% In Just A Few Hours--Here's What's Going On The sudden losses were triggered by President Erdogan's abrupt firing of the head of the central bank--the third in two years.
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Leon Black Steps Down as Apollo Global Chairman

Wall Street Journal - 22 Mar 2021 15:01
Mr. Black, who the firm had previously said would be staying on as chairman, is ceding that role to former SEC Chairman Jay Clayton.
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Nio Stock Looks Attractive After Falling 25% Last Month Nio stock is down by almost 25% over the last month, trading at levels of around $42 per share. The stock is also down by about 34% from its all-time highs. So what's driving the correction? Firstly, there has been a bro...
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Pension fund managers can charge more

livemint.com - 22 Mar 2021 14:54
Pension fund managers can charge more Under PFRDA rules both direct and indirect ownership has to be considered while calculating the FDI cap
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Here's Why Honeywell Stock Is Overpriced At $215 Levels Honeywell Stock looks fully valued at current levels of $215, as it has gained 2x from the levels it was at on March 23, 2020, when broader markets made a bottom due to the spread of Covid-19. This marks an outperformanc...
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