Stock Market Today


 

The (SAT) on Friday rejected beleaguered businessman Vijay Mallya's appeal against Securities and Exchange Board of India's (Sebi) order that had barred him from holding any board position in a listed company.

The appellate tribunal has dismissed all appeals against the order saying that considering the gravity of the matter, the market regulator was justified in invoking its extraordinary power of passing an ex-parte order.

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Estill Officer Quincy Smith survived his wounds, and Malcolm Orr was ...

Estill Malcolm Officer ORR Quincy Smith survived wounds

 

Atlanta police officer Tommy LeFever on why he is challenging the gym owner who banned police officers and military personnel from his gym to a boxing match.

Atlanta banned challenging gym LeFever military Officer owner police Tommy

 

Global Blood Therapeutics (GBT) has made solid progress since going public, but that progress has not been fully reflected in its share price.

What’s the thesis for Global Blood Therapeutics?

Blood data drug GBT IPF market oxygen patient phase trial SCD

 

Stocks were indicated to open marginally lower on Friday after some selling pressure emerged this week after the markets kept hitting new highs. Still the one trend that dominated more than half of the eight-year bull market is that investors have managed to keep finding new reasons to buy stocks on weakness and after every sell-off.

analyst downgraded Friday maintained Neutral raised rating reiterated stock trading

 

The last quarter confirms that the turnaround is on pace, but the stock hasn't responded yet. For full-year 2017 (its fiscal year ends earlier than the calendar year), the company earned $1.74, up 34% from last year – that's powered by heavy cost-cutting, savings on interest expenses, and the share buyback.

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The summer of hell for IPOs [0.04]

Posted on Aug. 11, 2017, 12:34 p.m. by Trader Talk with Bob Pisani @ [source]

It's the summer of hell for IPOs as the mood turns sour despite record high markets.

IPOs started the year with great promise, but have fizzled on high profile disappointments from Snap and Blue Apron and the refusal of tech unicorns to go public and face lower valuations from a stingy investment community.

Apron companies demand IPO lower market private public Smith valuation

 

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The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 1.7 percent.

consumer CPI energy food forecast index items months rose Urban

 

Mumbai: Public sector lender Bank of Baroda has reported a 52% fall in net profit from last year amid a surge in provisions against loans for which repayments are not happening on time and no rise in income from its lending business.The bank posted a net profit of Rs 203.4 crore against Rs 423.6 crore last year, while its provisions went up 18% to Rs 2368 crore against Rs 2004 crore in the same period.A rise in provisions also helped the bank reduce its net NPA or non performing assets by a small margin, having reduced to 5.1% from 5.7% last year, however its gross bad assets rose to 11.4% from 11.1% as a share of its total assets deployed.In absolute terms net NPA stood at Rs 19519.3 crore against Rs 20783.7 crore a year earlier.The bank’s net interest margin or the measure of its profitability stood at 2.5% for the first quarter of this year.The bank also reported a less than 1% increase in net interest income or the difference between interest earned and interest expended of Rs 3405 crore 3372 crore last year.The bank’s share of low cost deposits or deposits from current accounts and savings accounts increased to 38.7% of its total deposits from 33.8% last year. The total domestic deposits with the bank reached to Rs 4.3 lakh crore against Rs 3.9 lakh crore a year ago.The total advances deployed by the bank increased 4% to stand at Rs 3.7 lakh crore against Rs 3.6 lakh crore in the same period.The bank’s stock ended at Rs 142.5 having fallen 3.9% in intra day trading.

assets bank crore deposits interest lakh net provisions Rs The

 

Early movers: JCP, APRN, NVDA, SNAP, JWN & more [-0.07]

Posted on Aug. 11, 2017, 12:24 p.m. by Investing @ [source]

J.C. J.C. Penney reported a loss of 9 cents a share, more than the expected loss of 5 cents a share.

expected Penney posted quarterly results sales stock Street than Wall

 

To anyone looking at the biggest of pictures, 1981's rates are clearly a one-off aberration. To anyone paying closer attention, it's nearly impossible.

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The share price of Nevsun Resources (NSU) declined by more than 20% early after the market opened on Thursday, as the company announced several negative news items.

On Thursday, shortly after the markets opened, the share price declined by more than $0.6, hitting a new 7-year low at $2.

Bisha mine guidance issues management mine Nevsun PFS production project Timok

 

The signs have jabbed at other strength ...

 

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While I am on vacation I have combed through the archives to find the best articles that also stand the test of time. But it is not enough to just find the opportunity.

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The Mediocre EAFE [0.02]

Posted on Aug. 11, 2017, noon by Morningstar Articles @ [source]

The proliferation of index funds has been a tremendous benefit to individual investors. But the assumption that these characteristics cause index funds to outperform a majority of active managers has been weaker for those that track the MSCI EAFE Index.

category category relative EAFE Index fund index large blend market MSCI EAFE relative performance stock

 

The proliferation of index funds has been a tremendous benefit to individual investors. But the assumption that these characteristics cause index funds to outperform a majority of active managers has been weaker for those that track the MSCI EAFE Index.

category category relative EAFE Index fund index large blend market MSCI EAFE relative performance stock

 

After a dreadful 2016, Textainer Group Holdings (TGH) is finally showing some signs of life. Textainer saw its profitability collapse through 2016 as rental rates dropped and leases were renewed at much lower levels.

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