Stock Market Today


 

Sprint Shareholder May Try to Buy Charter [-0.02]

Posted on July 31, 2017, 10:25 a.m. by 24/7 Wall St. @ [source]

Cable giant Charter Communications Inc. (NASDAQ: CHTR) said it won’t buy troubled wireless carrier Sprint Corp. (NYSE: S).

Bloomberg points out that a merger of Sprint and Charter would marry the number four wireless carrier and number two cable companies in the United States.

cable charter Communications companies Inc Softbank son Sprint Warner wireless

 

This image depicts the five-day outlook for two systems that both have low chances for developing into tropical storms or depressions later this week.

chances day depicts depressions developing five storms Systems tropical

 

Eight of 12 inmates who escaped from the Walker County Jail Sunday have been recaptured. The following four inmates are still at large: Christopher Micheal Smith, 19, of Jasper; Brady Andrew Kilpatrick, 24, of Cordova; Larry Inman Jr, 29, of Parrish ...

Christopher County escaped inmates jail Micheal recaptured Smith Sunday Walker

 

Joseph A. Trillo, who was chairman of President Trump's campaign in Rhode Island, has chalked up any missteps by Mr. Trump to his newcomer status. President Trump and Republicans in Washington have shaken ...

Credit Steven Senne/Associated Press.

Associated credit President press Republicans Senne shaken Steven Trump WASHINGTON

 

Meanwhile, the retail inflation rate is running well below RBI's target. Retail investors are worried whether the valuations would sustain at current levels.

bank BSE ended growth index market Rs Sensex shares trading

 

The company should use about half of its cash balance for the capital budget and associated expenses as production increases.

Lilis Energy (LLEX) is a small company with some large Permian well results.

acreage interest loan Permian principal production rate results stock wells

 

So, Ms. Whitman said she was out.

The rules were “essential and timely” to root out risky investments and sort out financial “chaos,” Mr. Guo said in a note that was posted on Fosun’s WeChat account.

chemical chief executive Dow investors merger Mr Newsletter owner plan selling

 

Many investment banks are eager to stock up on technology specialists who can advise Silicon Valley denizens on mergers, initial public offerings and other transformative transactions.

With its latest hire, however, the boutique investment bank Perella Weinberg Partners wants to court more traditional companies and help show how technology is set to disrupt them.

bank companies eager investment latest Mr partner Sherlund software stock

 

Corning's (NYSE:GLW) shares sold off about 5 percent on the day of their latest earnings announcement. With an overview of GLW's businesses in mind, we reiterate that the company has been engaged in a multi-part transformative effort to drive growth and shareholder rewards through acquisitions, its Dow Corning divestiture, capital allocation plan and new product introductions.

acquisition business earnings Glass GLW growth market optical communication profit shares

 

Last week we investigated nonperforming EU loans and an EU proposal to freeze accounts if a run on a bank starts. It is an important safeguard that can be accessed as last resort only.

bank contributions deposit EU fund Greece Greek loans Single Resolution SRF

 

Nifty Pharma index extends fall; Lupin hits 52-week low [-0.07]

Posted on July 31, 2017, 9:45 a.m. by Markets @ [source]

Shares of pharmaceutical companies continued to trade under pressure with index down more than 1% for the third straight trading sessions after firms reported a disappointing set of numbers for the quarter ended June 2017 (Q1FY18).At 2:57 pm; index, the largest loser among sectoral indices, was down 2% as compared to 0.43% rise in the Nifty 50 index. In past three trading sessions, the pharma index slipped 5.6% against 0.36% rise in the benchmark index.Sun Pharmaceutical Industries, Dr Reddy’s Laboratories, Glenmark Pharmaceuticals and were down up to 3% on the National Stock Exchange (NSE).

Dr index Pharma pharmaceutical quarter Reddy rise Rs crore Sessions trading

 

At least six people are reportedly injured after a car plowed into a crowd of people in the Mid-Wilshire neighbourhood in Los Angeles on July 30 afternoon, with one person in critical condition.

Angeles car crowd injured Los Mid neighbourhood plowed reportedly Wilshire

 

Meanwhile, the retail inflation rate is running well below RBI's target. Retail investors are worried whether the valuations would sustain at current levels.

bank BSE ended index market Nifty Rs Sensex shares trading

 

Guo's defense comes at a time when Beijing has stepped up oversight on outbound deals as money has flown offshore and regulators are reportedly looking into bank loans made to finance those acquisitions. But the company has been relatively unscathed thus far, and Guo is likely interested in keeping things that way.

Beijing China deals firm Fosun government Guo investment Outbound overseas

 

Independent analyst Kunal Bothra has buy call on Infosys with a target price of Rs 1,050.The current market price of Infosys is Rs 1,010.1.Time period given by analyst is intraday when Infosys price can reach defined target.Kunal Bothra recommended to keep stoploss at Rs 990.Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 2,29,200.62 crore) operating in Information Technology sector.Infosys key Products/Revenue Segments include Software Development Charges which contributed Rs 59,257 crore to Sales Value (99.94 per cent of Total Sales) and Software Products which contributed Rs 32 crore to Sales Value (0.05 per cent of Total Sales)for the year ending 31-Mar-2017.For the quarter ended 30-06-2017, the company has reported a Consolidated sales of Rs 17078 crore, down .25 per cent from last quarter Sales of Rs 17,120 crore and up 1.76 per cent from last year same quarter Sales of Rs 16,782 crore.Company has reported net profit after tax of Rs 3,554 crore in latest quarter. Company has BSR & Co. LLP as its auditors.

analyst Bothra cent Infosys Kunal Mr quarter Rs Rs crore sales

 

The scam-hit National Spot Exchange ( NSEL ) has urged markets regulator Sebi to resolve the Rs 5,600-crore payment crisis in the larger interest of investors.The payment crisis at NSEL -- part of Jignesh Shah-led FTIL group -- came to light in late 2013.Since then, multiple agencies including Sebi, the Directorate of Enforcement (ED) and the Reserve Bank of India (RBI) are probing the irregularities at the now-defunct NSEL.In a public notice, NSEL has requested the Securities and Exchange Board of India (Sebi) to resolve the market crisis. Yet, its impeccable credentials were reaffirmed when the group's exchange assets were bought by the world's most fit and proper," NSEL noted.NSEL has helped in tracking the assets of the defaulter and initiated disbursal of the recovered money, it said.NSEL was incorporated with Financial Technologies (India) Ltd, or FTIL, holding 99.98 per cent, with an objective of operating a pan-India commodities spot exchange platform for which it obtained licences under APMC Acts of various states.

crisis Exchange FTIL India market NSEL payment resolve Sebi spot

 

NEW YORK — Weary Republicans in Washington may be ready to move on from health care, but conservatives across the United States are warning the GOP-led Congress not to abandon its pledge to repeal the Obama-era health law — or risk a political ... Republicans try to move forward CNN Who Ate Republicans' Brains?

care Conservatives Health ready Republicans states United WASHINGTON Weary York

 

State Bank of India (SBI) has introduced a two-tier structure on deposits.

CLICK HERE TO CHECK SBI'S CREDIT-DEPOSIT (CD) RATIO deposits with since June 2011, as with most other banks, earned an interest of 4%.

analyst bank cost crore deposit development interest Rs SBI stock