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Market News

Location American Market News for 8 September 2022
How to claim tax benefit on double tax treaty with Sweden? In case of any double taxation on the gains from the sale of shares, mitigation of double taxation can be explored as per provisions of section 90 of Article 13 (Capital Gains) and Article 24 of the DTAA
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With Porsche IPO Around The Corner, Is VW Stock Worth A Look? Volkswagen stock (OTCMKTS: VWAGY) has declined by close to 35% year-to-date, roughly in line with other automotive majors, as the company continues to be impacted by the component supply shortage and concerns about a bro...
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California Averted A Power Crisis By Using Fossil Fuels And Cell Phones The old and the new came into play when California's power demand hit record levels.
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What a fitness trainer learnt on his investment journey Kumar's journey explains why discipline and patience are the key to wealth creation
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Tata AMC enters pension fund management business

livemint.com - 8 Sep 2022 19:41
Tata AMC enters pension fund management business We want to ensure that the long-term capital is protected. We do not want to take any risks regarding the money we manage, says Kurian Jose, CEO, Tata Pension
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ELSS vs PPF: Which is a better tax-saving instrument under section 80C? One of the most well-known and favored tax deductions available to taxpayers is section 80C, which enables them to claim up to ₹1.5 lakh per year from their total taxable income by making investments that reduce their ...
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Should I repay my home loan using mutual fund, FD savings? If account has been inactive for more than 24 months, it will be treated as inoperative or dormant by the bank
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Why allocation to long-short funds makes sense in the sideways market Investing in long-short funds is one of the effective ways to manage market volatility
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Stocks Waver Amid New Fed Comments

Wall Street Journal - 8 Sep 2022 18:55
U.S. were mixed as Federal Reserve Chairman Jerome Powell made a public appearance and the European Central Bank took forceful action of its own to tamp down inflation.
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Crypto Startup Mysten Labs Raises $300 Million

Wall Street Journal - 8 Sep 2022 18:07
Year-to-date venture investment in crypto companies has already outpaced last year's total.
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Earnings Preview: What To Expect From Zscaler On Thursday Zscaler is scheduled to report earnings after Thursday's close. Here's a closer look.
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With the boom in renewable energy, many of the credits that trade hands merely represent a transfer of money from one profitable enterprise to another, critics say.
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Earnings Preview: What To Expect From RH On Thursday Earnings Preview: What To Expect From RH On Thursday. Here's a closer look.
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AT&T's Dividend-Loving Investors Are Dialing the Wrong Number

Wall Street Journal - 8 Sep 2022 17:14
The telecom giant's media spinoff has made its dividend more secure, but at what cost?
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EY Leaders Green Light Split Plan

Wall Street Journal - 8 Sep 2022 17:13
The breakup of Ernst & Young's auditing and consulting businesses will generate windfalls for the firm's partners if successful.
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PVH Stock Down 15% Over Last Week. What's Happening? PVH Corp's stock (NYSE: PVH), formerly Phillips-Van Heusen Corporation, owns brands such as Van Heusen, Tommy Hilfiger, and Calvin Klein.
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The idea of linking prizes to savings is nothing new. But it's becoming more popular.
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What's Driving Coca-Cola Stock Higher?

Forbes - 8 Sep 2022 16:30
What's Driving Coca-Cola Stock Higher? Coca-Cola stock (NYSE: KO) has seen a 3% rise this year, far better than the broader S&P500 index, which is down 18%.
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Earnings Preview: What To Expect From Docusign On Thursday Docusign Inc. is scheduled to report earnings after Thursday's close. Here's a closer look.
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How Peter Thornhill Retired On $400K In Yearly Dividends Peter is an investing legend.
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Mortgage Rates Hit 5.89%, Highest Level Since 2008

Wall Street Journal - 8 Sep 2022 16:18
The rate on a 30-year mortgage topped an earlier high in June. This time last year, rates were below 3%.
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Pfizer's Peer Appears To Be A Better Pharmaceuticals Pick There is more to the comparison, and in the sections below, we discuss why we believe MRK stock will offer better returns than PFE stock in the next three years.
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