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Market News

Location American Market News for 7 August 2024
Warner Bros. Discovery reports earnings after the bell.
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Stocks Drop With Traders on Edge After Global Selloff

Wall Street Journal - 8 Aug 2024 00:32
Walt Disney and Airbnb shares fall after the companies' earnings reports.
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How the rival running mates manage their money and investments.
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Disney's Blockbusters Can't Smooth Parks' Rough Ride

Wall Street Journal - 7 Aug 2024 20:52
Weakening consumer spending is hurting the Mouse House in its most profitable business: theme parks.
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ITR filing: How can taxpayers check their income tax refund status online? A step-by-step guide The income tax department usually takes four to five weeks to issue a refund. But if you do not receive the refund on time, you can check the intimation received from the income tax department.
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The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
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U.S. Crude Oil Inventories Fall for Sixth Straight Week

Wall Street Journal - 7 Aug 2024 18:53
U.S. crude oil inventories fell for a sixth consecutive week, dropping by 3.7 million barrels, while product stocks rose as refineries increased their capacity use.
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Sunrun posted a surprise profit and sees opportunity to gain market share.
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LTCG amendment: Experts cheer decision to restore indexation benefit for property. Why this govt move matters LTCG Amendment: Experts consider the latest amendment a positive move since the government has given the flexibility to choose the method of tax calculation based on what leads to a lower tax liability on the properties ...
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What Market Upheaval? Companies Are Selling Debt Just Fine

Wall Street Journal - 7 Aug 2024 17:00
Corporate bond prices and issuance are recovering after the recent rout.
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Regulators Probing Big Banks' Handling of Zelle Scams

Wall Street Journal - 7 Aug 2024 17:00
Investigation examines whether JPMorgan Chase, Bank of America, Wells Fargo and others do enough to shut down accounts controlled by bad actors.
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SoftBank's Latest Big Purchase Could Be One of Its Best

Wall Street Journal - 7 Aug 2024 16:29
With its stake in chip maker Arm worth more than its own market value, a $3.5 billion buyback announcement was cheered by investors.
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CVS said higher medical costs are weighing on its insurance business, and announced Aetna President Brian Kane will step down.
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Sebi's proposed new asset class is just the ticket for affluent Indians The new product would offer risk-tolerant investors access to innovative strategies such as long-short equity and inverse ETFs. .With a minimum ticket size of ₹10 lakh, it would bridge the gap between mutual funds and ...
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Property sold at loss: Expert advice on tax filing and investments Any capital gain or loss arising on the transfer of a capital asset is taxable in the hands of the person who had actually provided the funds for the investment.
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Hiroki Totoki, Sony's chief financial officer, said the tech giant has no plans to submit a revised offer for Paramount.
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A Labor Department rule is forecast to curb commissions on annuities sharply. The products are sold as a way to convert retirement savings including an IRA into an often-guaranteed income stream that can carry hefty char...
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Big Food Would Benefit from Private Ownership

Wall Street Journal - 7 Aug 2024 13:30
Mars's bid for Kellanova highlights the benefits of being out of public view.
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Scripbox's fee-based advisory: A potential challenger for Groww, Zerodha Coin? Scripbox's fee-based advisory service challenges the commission-driven mutual fund models. By offering this service, Scripbox aims to address the pitfalls of execution-only platforms, such as of Groww and Zerodha Coin, p...
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FTSE 100 leaps as Bank of Japan moves to stem global stocks rout The FTSE 100 has jumped higher after the Bank of Japan helped steady the global stocks rout as it insisted it will not raise interest rates while the financial markets are unstable.
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Sony reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations.
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Novo Nordisk on Wednesday announced its second quarter earnings for 2024.
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