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Market News

Location American Market News for 12 December 2022

The ignored need of insurance by small businesses

livemint.com - 12 Dec 2022 16:58
The ignored need of insurance by small businesses As I was thinking about topics for this column, I was in two minds whether to write about the need for insurance for small businesses or not
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Union Bank hikes MCLR by 5 bps, home loan interest rates revised On home loans, Union Bank stated that the approved rate of interest will be effective for all new Union Home and Union Awas loan customers (including switchover from other Benchmark, viz. MCLR / Base Rate / BPLR to EBLR)...
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Is the rise of AIFs the barometer of growing income inequality in India? The AIF space has witnessed the sharpest growth in the investment industry with 50% CAGR in the past 5 years
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Where Is Travelers Stock Headed?

Forbes - 12 Dec 2022 15:00
Where Is Travelers Stock Headed? Travelers' stock (NYSE: TRV) has gained roughly 20% YTD, as compared to the 17% drop in the S&P500 index over the same period.
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Higher Prices Or Tough Sledding For Stocks Ahead? The plunging bank stocks last week caught many by surprise as bank CEOs added to the selling pressure. With just two weeks left before Christmas, the Viper Report's Tom Aspray evaluates the technical outlook after last w...
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Oracle beats on top and bottom lines

CNBC - 12 Dec 2022 23:41
Oracle reported better-than-expected results in the fiscal second quarter, as cloud infrastructure revenue jumped.
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Investors Buy 12.2% Of Homes In 2022, Rents Up 7.9% In November - Hamptons The percentage of buy-to-let investors purchasing homes is at its highest for six years, the estate agent said.
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First Test for Amgen: Fix Horizon's Growth Problem

Wall Street Journal - 12 Dec 2022 19:10
Sales of Horizon's thyroid-eye disease drug Tepezza have plateaued, a challenge its new owner will need to contend with.
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Startup Podium Adds To The Growing List Of Tech Layoffs Podium - the software designed to help small businesses "build their online reputation" - is joining the growing list of tech companies laying off staff. What are the impacts of recent tech layoffs? And how should invest...
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How Much Has Inflation Increased In 2022? And Are Prices Still Rising? Inflation continues to go up in 2022, and we're all feeling the effects of prices that seem to have skyrocketed over the last twelve months. Many worry about future price increases and their own ability to keep up. Here'...
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This Stock Has A 9.71% Yield And Sells For Less Than Book For example, the recent HPP share price of $10.30 represents a price-to-book ratio of 0.5 and an annual dividend yield of 9.71% -- by comparison, the average stock in Dividend Channel's coverage universe yields 4.2% and ...
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Stocks Have Plenty To Digest This Week

Forbes - 12 Dec 2022 17:19
Stocks Have Plenty To Digest This Week This week will not lack for potential market catalysts.
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8 Great Low-Vol Stocks Yielding 5%-9%

Forbes - 12 Dec 2022 17:15
8 Great Low-Vol Stocks Yielding 5%-9% We are heading into the most telegraphed recession in American history....
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Small Banks Warn They Might Have to Drop Zelle

Wall Street Journal - 12 Dec 2022 17:00
Credit unions and community banks say they might not be able to afford the cost of repaying customers targeted in payment scams.
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Coal's Spark Flickers but It Is Still Burning

Wall Street Journal - 12 Dec 2022 16:26
Coal prices will probably continue their downward journey next year. But it would be a mistake to expect them to fall back down to pre-Ukraine war levels.
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Inflation down to 11-month low. Now, the other part and what about your EMIs The RBI has raised interest rates by 225 basis points in the current monetary tightening cycle, including a 35-basis-point hike last week
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November's Inflation Expectations Could Be Too Aggressive Last month's October CPI reading was much better than expected, which led to huge increases in stock prices. Don't expect the same result in November's report on Tuesday morning.
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Year End Portray: What should be the tax and retirement planning strategies for 2023? It could be time for retail investors to think seriously about their tax and retirement plans for the upcoming year 2023 as the end of the year gets closer
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Half-Price Tesla Stock Is Still No Bargain

Wall Street Journal - 12 Dec 2022 15:25
Even after a roughly 50% decline this year, the electric-vehicle pioneer's shares price in an unusual level of industry dominance.
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Stock Futures Edge Up With Inflation, Rate Outlook in Focus

Wall Street Journal - 12 Dec 2022 15:10
U.S. stock futures edged higher as investors geared up for a pivotal week for markets that will include consumer-price data and a Federal Reserve policy update.
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Investors Are Losing Faith in Cathie Wood's ARK

Wall Street Journal - 12 Dec 2022 15:00
The ETF founder is seeing a drop in large holdings such as Tesla and Zoom.
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Microsoft Takes Stake in London Stock Exchange

Wall Street Journal - 12 Dec 2022 14:58
The deal brings together one of the U.S.'s biggest tech companies with Europe's biggest market exchange.
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