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Market News

Location American Market News for 22 February 2022

Macy's Opts for Smaller Makeover

Wall Street Journal - 22 Feb 2022 20:52
The activist investor pushing for an e-commerce spinoff at the department-store chain didn't get what it wanted, but the push seems to have helped boost investors' perception of the company as a serious online retailer.
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Is NPS ripe for a pension-tech boom?

livemint.com - 22 Feb 2022 20:39
Is NPS ripe for a pension-tech boom? Unlike mutual funds, the PFRDA allows pension funds to double up as PoPs in the National Pension System
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How much tax do you pay on debt investments?

livemint.com - 22 Feb 2022 22:30
How much tax do you pay on debt investments? Equity investments tend to give higher returns than all other asset classes over the long run, but they are also riskier Here's a look at the tax rules that apply to some debt-related investment products
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Volkswagen's Porsche IPO Won't Put Investors First

Wall Street Journal - 22 Feb 2022 21:39
A deal to give the luxury-car brand its own stock-market listing would be more about raising money for VW's electric-vehicle push than unlocking value for shareholders.
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Tech Stock Crash Could Get Worse--But Microsoft, Nvidia And More Are Worth Buying Now, Bank Of America Says A massive sell-off that's pushed the Nasdaq down as much as 17% may get worse for names like Tesla and eBay, but some tech stocks are worth buying, Bank of America told clients Tuesday.
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Peloton Shares Fall After Major Outage Temporarily Hits Bikes And Treadmills The outage lasted just over an hour before getting resolved, but shares fell on the news.
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How NFTs Can Move Beyond Arts and Entertainment

Wall Street Journal - 22 Feb 2022 20:08
Nonfungible token have great potential in education and healthcare, and to drive social-impact efforts.
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Lowe's Stock To Trade Higher Post Q4?

Forbes - 22 Feb 2022 20:00
Lowe's Stock To Trade Higher Post Q4? Factors such as an increase in remote working, online school classes, and colder weather should bode well for the company's continued sales momentum into the fourth quarter as well.
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All you need to know about 'interest-only' home loans Borrowers of Standard Chartered with a home loan ticket size of ₹35 lakh to ₹3.5 crore can choose to pay only the interest amount via equated monthly installments (EMIs) for an initial period of 1-3 years
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It's advantage now for NRIs selling property

livemint.com - 22 Feb 2022 18:58
It's advantage now for NRIs selling property The Union Budget has proposed to cap the surcharge on LTCGs at 15%
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NCR Corp To Explore Strategic Alternatives For Its Business Units NCR, $42.14, Market Capitalisation: $5.6 billion), a leading enterprise technology provider for retail stores, restaurants and self-directed banking, announced that its board of directors has unanimously approved a compr...
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Standard General to Buy TV Broadcaster Tegna for $5.4 Billion

Wall Street Journal - 22 Feb 2022 18:45
Tegna owns 64 U.S. TV stations in 51 different markets. It also owns the True Crime, Twist and Quest networks.
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Ex-Dividend Reminder: Honeywell International, Thomson Reuters And Exelon On 2/24/22, Honeywell International, Thomson Reuters, and Exelon will all trade ex-dividend for their respective upcoming dividends.
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After Mixed Results In Q4, Is Morgan Stanley Stock A Buy? Morgan Stanley's stock (NYSE: MS) has lost 2% YTD, outperforming the S&P500 over the same period (down 8%). However, it still has an upside potential of 21% to its fair value of $116 - Trefis' estimate for Morgan Stanley...
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Stocks Fall, Oil Prices Surge After Putin Orders Troops Into Eastern Ukraine Investors remain spooked about the escalating tensions between Russia and Ukraine.
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HSBC Faces Crucial Test From Rising Rates

Wall Street Journal - 22 Feb 2022 17:45
Cost control in the face of rising revenues is a key proof point of a successful turnaround of the Asia-focused bank.
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3 Overlooked 7.7%-Yielding Funds That Pay You Every Month If you're relying on income from your portfolio, you know how annoying it is to manage a collection of quarterly dividend payers.
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Not Just Oil: Threat Of War Fuels Surging Aluminum, Gold Prices As Experts Warn Inflation 'Shock' Could Tank Stocks Rising geopolitical tensions are "further amplifying" commodities prices across the board, JPMorgan analysts said as oil prices soared toward $100.
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Up 25% In A Month, Will Corcept Therapeutics Stock Continue Its Upward Trajectory? The stock price of Corcept Therapeutics (NASDAQ: CORT), a relatively small pharmaceuticals company with a market capitalization of $2.6 billion, focused on the treatment of severe metabolic, oncologic, and neuropsychiatr...
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Stocks And Oil Futures Volatile On Russian Troop Movements Equity Index and Oil Futures Volatility Ahead of Open on Russian Troop Movements
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Intel: Too Big To Fail Goes High-Tech

Forbes - 22 Feb 2022 16:12
Intel: Too Big To Fail Goes High-Tech Despite struggles to launch new products, rising geopolitical pressure, and increased competition, this company is making the necessary investments to address the challenges it faces.
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Allbirds: Another Falling Knife That Could Cut Your Portfolio Since the opening price on IPO date, the stock is down 46% while the S&P 500 is up 1%, and Allbirds' shares could fall another 75%.
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