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Market News

Location American Market News for 15 August 2022
Pick Either UPS Stock Or Its Peer - Both May Offer Similar Returns This gap in the valuation is largely justified given UPS' superior profitability and lower financial risk, as discussed below.
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Stock Futures Fall as China's Economy Slows

Wall Street Journal - 15 Aug 2022 12:26
Stock futures and commodity prices fell as slowing growth in China raised concerns about the global economy and demand in the world's biggest consumer of raw materials.
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Stocks This Week: Buy EQT And ATI Technologies The S&P is headed higher-here are a pair of stocks that are likely to be leaders.
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Chronicling the investment journey of Sapient Wealth's Amit Bivalkar 'I don't invest in small-cap funds, and I prefer to take the flexi cap route; my average holding is seven years'
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What Is The Semiconductor CHIPS Act, And Why Does The U.S. Need It? Global demand for chips is growing at an alarming rate and will only accelerate as more and more devices are designed to be "smart" and connected. There are an estimated 40 billion connected devices right now, and by 203...
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Returns on my investments

livemint.com - 15 Aug 2022 19:02
Returns on my investments Building a portfolio is a complex exercise, and it has to be maintained too
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Earnings Preview: What To Expect From Home Depot On Tuesday Earnings Preview: What To Expect From Home Depot Before Tuesday's open.
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Is it fair to ban the transfer of physical shares?

livemint.com - 15 Aug 2022 18:54
Is it fair to ban the transfer of physical shares? This complete ban on the process deprives genuine claimants
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Elliott Management Has Large Position in Cardinal Health

Wall Street Journal - 15 Aug 2022 18:50
The activist investor is seeking a handful of seats on the medical-products distributor's board, according to people familiar with the matter.
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How is remittance in NRO accounts taxed?

livemint.com - 15 Aug 2022 18:45
How is remittance in NRO accounts taxed? Whether or not your income will be taxable in India, will depend upon your residential status in India, the source of such income and also its place of receipt
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ITR filing: You can still face fine of ₹5,000 even if income tax return filed on time The Income Tax Department has been guiding taxpayers to always verify their ITRs once filed, which is the final process for the completion of the filing of the returns.
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Dan Loeb's Third Point Buys New Stake in Disney

Wall Street Journal - 15 Aug 2022 18:11
The hedge fund is urging Disney to buy Comcast's minority stake in Hulu before a contractual deadline in 2024 and to spin off ESPN.
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Shopping For A Rally

Forbes - 15 Aug 2022 17:56
Shopping For A Rally Retail sales, investment and industrial output were all weaker than expected; however, it's worth noting stringent lockdowns in China to combat Covid may have contributed to the disappointing number.
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Berkshire Hathaway Keeps Spending Through Volatile Markets

Wall Street Journal - 15 Aug 2022 17:39
Oil prices have come well off their highs, but that hasn't stopped Warren Buffett's Berkshire from pouring money into the energy sector.
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Housing Market Recession Is Here: Home Builders Slash Prices As Buyers Cancel Contracts, Mortgage Rates Rise Home builders may need to impose "hefty" price cuts to manage excess inventory as sentiment collapses to a two-year low, one economist says.
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Aramco's Actions Undercut Its Rosy Predictions

Wall Street Journal - 15 Aug 2022 17:04
Flush with cash, the world's largest oil company is predicting demand growth this decade, but its investment plans suggest less confidence.
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For Sinopec, West's Russian Oil Boycott is a Gift

Wall Street Journal - 15 Aug 2022 17:01
China's largest refiner, whose shares are cheap by historical standards, is shaping up as one of the biggest beneficiaries of the conflict in Ukraine.
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For a Luxury Fashion Bargain, Buy Secondhand With RealReal

Wall Street Journal - 15 Aug 2022 16:31
Shares of the online clothing reseller have fallen, despite its exposure to more resilient luxury spenders.
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Despite Sales Growth, NortonLifeLock Stock Has Failed To Outperform The S&P- Here's Why NortonLifeLock Inc. (NASDAQ: NLOK) stock price dropped 14% from $28 in 2017 end, to around $24 currently, primarily due to unfavorable changes in its P/S multiple.
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The Good And Bad: Williams-Sonoma And Fiesta Restaurant Group See two of the featured stocks from this month's model portfolios.
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What To Expect From Snap Stock?

Forbes - 15 Aug 2022 15:00
What To Expect From Snap Stock? Snap's stock (NYSE: SNAP) has lost approximately 76% YTD as compared to the 12% drop in the S&P500 index over the same period.
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Student Loan Payments Restart In 15 Days, But Biden Remains Silent The student loan payment pause ends on August 31.
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