Market News
For Some Luxury Brands, Selling Up May Be as Important as Selling
Wall Street Journal - 30 Sep 2022 13:22
Burberry's new creative designer Daniel Lee could lure new shoppers--and perhaps a deep-pocketed buyer too.
Down 74% This Year, What's Next For Xpeng Stock?
Forbes - 30 Sep 2022 13:00
Over the last month, the stock has declined by about 26% amid concerns about interest rate hikes, continued high inflation, and signs of a weakening global economy.
Is Citigroup Stock Attractive At The Current Levels?
Forbes - 30 Sep 2022 11:00
Citigroup's stock (NYSE: C) has lost 28% YTD, as compared to the 22% decline in the S&P500 over the same period.
What's Happening With FedEx Stock?
Forbes - 30 Sep 2022 14:00
FedEx stock (NYSE: FDX) has plunged 31% in a month, underperforming its peers, with UPS, XPO, and CHRW stocks down between 13 and 15% and the broader S&P500 index down 8%.
Barclays to Pay $200 Million SEC Fine Over Debt-Sale Snafu
Wall Street Journal - 30 Sep 2022 00:22
The flub involved the sale of structured notes, or debt instruments linked to an underlying reference such as the S&P 500 index, and exchange-traded notes.
Hoping For A Fed Rescue Plan?
Forbes - 30 Sep 2022 22:21
Another record-breaking month has left many strategists confused as well as frustrated. One well-known strategist thinks the Fed could stabilize the market and the Viper Report's Tom Aspray addresses their concerns.
Lawmakers Step Up Efforts to Advance Bill Taking on Visa, Mastercard
Wall Street Journal - 30 Sep 2022 22:14
Two senators are pushing to include proposed credit-card routing rules in a defense-spending bill.
ESG Investors Should Support Big Oil
Forbes - 30 Sep 2022 21:37
ESG investors should consider investing in well regulated big oil and gas if they want to get us safely to a renewable future.
Rates To Blame For Recent Market Volatility?
Forbes - 30 Sep 2022 21:34
What's driving recent market volatility? Commonwealth CIO Brad McMillan says it's all about interest rates.
Société Générale Names Slawomir Krupa as New CEO
Wall Street Journal - 30 Sep 2022 19:04
The French lender named its investment-banking head as its next chief executive, replacing Frédéric Oudéa.
Atal Pension Yojana (APY) to end for taxpayers from today: What's now for them?
livemint.com - 30 Sep 2022 17:38
The Government of India's Atal Pension Yojana (APY), a pension programme, is targeted at employees in the unorganized sector.
What Nintendo's Stock Split Means For Investors
Forbes - 30 Sep 2022 17:29
The company hopes that the move will make Nintendo shares more affordable for homegrown investors.
Higher Rates Will Put the Kibosh on Consumption Growth
Wall Street Journal - 30 Sep 2022 17:23
Americans consumers are coping with inflation, but higher rates could be a different story.
United Airlines Holdings Stock Looks Set For A Come Back
Forbes - 30 Sep 2022 17:00
United Airlines Holdings Inc. stock (NASDAQ: UAL) is down 6.1% in the past week, strongly underperforming the S&P 500 which was down 1.8% over this period.
U.S. Wage Growth Fails To Keep Up With Rising Prices For 17 Consecutive Months
Forbes - 30 Sep 2022 16:59
While CEOs have seen a real hourly wage increase in recent years, American workers have seen a decrease when you factor in inflation -- it's bad for the economy and investors, here's why.
Carnival Stock Plunges 20% To 30-Year Low After Worse Than Expected Loss
Forbes - 30 Sep 2022 16:46
Morgan Staley has warned shares of the debt-loaded cruise liner could plunge to $0 in a worst-case scenario.
How RBI's repo rate hike will impact the economy and your personal finance?
livemint.com - 30 Sep 2022 16:36
On September 30, the Monetary Policy Committee (MPC) increased interest rates by 50 basis points, as anticipated, to 5.90% while maintaining its FY23 inflation prediction of 6.7 percent.
What's Happening With Roche (RHHBY) Stock?
Forbes - 30 Sep 2022 16:00
This can be attributed to Biogen's success with its Alzheimer's treatment - Lecanemab - in late-stage clinical trials.
More Trouble for China's Export Juggernaut
Wall Street Journal - 30 Sep 2022 15:07
China is more dependent on exports for growth than it has been in years. But the export boom is starting to lose steam.
HDFC hikes lending rate by 50 bps; EMIs to go up
livemint.com - 30 Sep 2022 15:01
HDFC hikes lending rate by 50 bps
This E-Commerce Giant Is A Better Pick Over Walgreens Stock
Forbes - 30 Sep 2022 15:00
There is more to the comparison, and in the sections below, we discuss why we believe AMZN stock will offer better returns than WBA stock in the next three years.
Wary Investors Struggling to Find Places to Hide
Wall Street Journal - 30 Sep 2022 15:00
Nervous investors are questioning how to evade further pain in this year's widespread market tumult.