Market News
Target Bites the Bullet
Wall Street Journal - 17 Aug 2022 17:33
The retailer aggressively cleared out excess inventory in its second quarter, but the job isn't finished.
Elliott Looms Over $16 Billion Philip Morris Deal
Wall Street Journal - 17 Aug 2022 15:00
Philip Morris might have to raise its bid for Swedish Match to gain full ownership of the smokeless-tobacco maker, in what could prove to be the latest instance of a hedge-fund trade often linked to Elliott.
SPAC Activity Reaches the Lowest Levels in Five Years
Wall Street Journal - 17 Aug 2022 11:30
Once-hot blank-check firms have fallen out of favor alongside cryptocurrencies and other speculative investments.
Hottest Chip Maker Sees Cooling Ahead
Wall Street Journal - 17 Aug 2022 20:06
Analog Devices' unique business model has spared it from the chip slowdown so far, but its latest results include a warning sign.
Signal Says, Buy The Dip On Intel Stock
Forbes - 17 Aug 2022 20:02
INTC could soon stage a bounce, as it's now flashing a historically bullish signal
Know your bond transactions and the tax implications
livemint.com - 17 Aug 2022 19:56
Indexation is not available on bonds, except in the case of Sovereign Gold Bonds
How many funds should I have in my MF portfolio?
livemint.com - 17 Aug 2022 19:44
Ideally, 6 to 8 funds are good enough to build your MF portfolio
Edelweiss MF to launch India's first gold and silver fund
livemint.com - 17 Aug 2022 19:31
The new fund offer for Edelweiss Gold and Silver ETF Fund of Fund (FoF) will close on 7 September
Stock Market Crash Isn't Over According To Indicator With 'Perfect' Track Record
Forbes - 17 Aug 2022 18:25
No bear market since at least 1935 has ever ended when inflation and stocks are as high as they are now, Bank of America analysts warn.
Europe's Self Inflicted Oil Crisis And The Saudis Last Laugh With U.S.
Forbes - 17 Aug 2022 18:00
Saudi's get Patriot missiles. Europe gets higher fuel costs. The U.S. needs to recognize that investors will go where energy costs are lowest.
How To Get Started Investing With Your Stimulus Check
Forbes - 17 Aug 2022 17:12
More than 15 states are issuing new stimulus checks and/or tax rebates to help offset soaring inflation.
What Does A Housing Recession Mean For Investors?
Forbes - 17 Aug 2022 17:11
According to the National Association of Home Builders (NAHB), homebuilder sentiment has dropped for eight straight months.
Crypto Lender Genesis Lays Off 20% of Workforce, CEO to Depart
Wall Street Journal - 17 Aug 2022 17:07
The moves come after the company was hit hard by the collapse of hedge fund Three Arrows Capital Ltd., against which it has a claim of $1.2 billion.
The Details On Retail Spending
Forbes - 17 Aug 2022 15:58
Following this morning's retail sales number and earnings from Walmart, Target, Home Depot and Lowes, we have a pretty good understanding of how consumers are spending money, when they spend.
Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels Recession Fears
Forbes - 17 Aug 2022 15:51
"A bona-fide recession looks more likely than not over the next year," says one economist as the housing market rapidly cools.
This Megatrend Will Change Everything In The 2020s
Forbes - 17 Aug 2022 15:21
The supply-chain chaos we're dealing with now is not going away. It's part of a megatrend I expect to last the rest of this decade, and well beyond.
Is A Fall Imminent For Walgreens Stock After An 8% Rise In A Month?
Forbes - 17 Aug 2022 15:00
This can partly be attributed to oversold conditions for WBA and a rebound in the broader markets, with the S&P 500 index rising 13% over the same period.
Student Loan Payment Pause: Education Department Confirms Biden Will Decide Soon
Forbes - 17 Aug 2022 14:30
Biden's decision on the student loan payment pause and broad student loan forgiveness could come any day.
What's Happening With Baidu Stock?
Forbes - 17 Aug 2022 14:00
Chinese Internet behemoth Baidu's stock has declined by about 6% year-to-date and remains down by 58% from its early 2021 highs., trading at levels of around $140 per share currently.
This NBFC's fixed deposits has AAA rating from Crisil, ICRA. Check latest interest rates
livemint.com - 17 Aug 2022 13:32
This Bajaj Group-backed financial services provider offers FD rates as high as 7.75%, which is inflation-beating. Alongside, the company also offers a systematic deposit plan starting at ₹5,000 with the highest rate be...
China's Housing Crisis Keeps Brewing in Beijing's Weak Tea
Wall Street Journal - 17 Aug 2022 13:22
Reports of a government backstop for new bond issues by stronger developers have lifted shares. But such measures look like weak medicine for the broader market.
What's Next For General Motors Stock?
Forbes - 17 Aug 2022 13:00
General Motors stock has rallied by almost 20% over the last month (about 21 trading days) and also remains up by about 5% over the last week.