Stock Market Today


 

After a roughly 36-hour journey, a SpaceX Dragon capsule docked at the International Space Station this week, delivering over three tons of supplies.

Over the past year, an index of stocks linked to space exploration and the space industry compiled by the hedge fund analytics tool Kensho has also soared.

capsule docked dragon gained hour index journey Kensho roughly SpaceX

 

As a result, the government has already lost Rs 450 crore in revenue and, by the month's end, the total revenue loss is estimated to cross Rs 700 crore. The is purchased in Dubai, resulting in being quoted at a $2 premium there while, otherwise, the yellow metal was quoted at a discount of $1-2.

bars cent coins Dubai duty FTA import imported Korean Revenue

 

Extending the rally for a third straight session, benchmark NSE Nifty index settled the volatile trading session 6.85 points, or 0.07 per cent, higher at 9,904.15. The BSE Sensex settled 24.57 points, or 0.08 per cent, up at 31,795.46.With a rise of nearly 5 per cent, IT major Infosys topped the list of gainers in the Nifty50 pack.

airport BSE cent fund index India Infosys session settled shares

 

Will an Outsider Restructure Time Inc.? [0.04]

Posted on Aug. 17, 2017, 10:40 a.m. by 24/7 Wall St. @ [source]

The restructuring of a troubled company is often led by its chief executive officer or another very senior executive. Before that, he had stints at private equity firm KKR and the Boston Consulting Group, where he worked on client restructuring.

costs cut firm growth McKinsey quarter Revenue Schmitz Times York

 

Following moves by China and Japan to regulate digital currencies, Australia is attempting to crackdown on money laundering and terrorism financing with plans to regulate bitcoin exchanges.

The Australian government proposed a set of reforms on Thursday which will close a gap in regulation and bring digital currency exchange providers under the remit of the Australian Transactions and Reporting Analysis Centre (AUSTRAC).

Australia Australian Bitcoin currencies Exchange financing laundering money regulate terrorism

 

Right after the earnings announcement, Denbury Resources (NYSE:DNR) announced that there would be layoffs with a one-time charge of about $8 million in the third quarter. Right now, the improvement is nice, but that current margin is still in the death throes area.

boe capital cost debt Denbury flow management operations quarter sale

 

And he is locked in a battle with populists in the Trump administration.

In the battle of the billionaires over a bankrupt Texas utility operator — that’s Berkshire Hathaway’s Warren E. Buffett versus Elliott Management’s Paul E. Singer — the hedge fund manager appears to have won.

administration Berkshire Elliott Energy Future forum leaders Mr Newsletter Times Trump

 

The value of American homes compared to the mortgage on those homes continues to rise after the real estate collapse during the Great Recession.

ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Equity & Underwater Report, which shows that at the end of the second quarter of 2017 there were more than 14 million (14,038,372) U.S. properties that were equity rich — where the combined loan amount secured by the property was 50 percent or less of the estimated market value of the property — up by nearly 320,000 properties from the previous quarter and up by more than 1.6 million properties from a year ago.

equity home mortgage properties property Q2 quarter rich San underwater

 

In his recent article “ Why politics has nothing to do with economics in India ”, Ruchir Sharma , the author of the celebrated book “The Rise and Fall of Nations” having a Goodreads rating of 4.18/5, has postulated some seemingly persuasive hypothesis.First, there is little linkage between politics and economies. Corporate profits haven’t grown at all in last three years, fixed investment rate at 25 per cent is at a 15-year low, credit growth of banks at 5-6 per cent has nosedived to a 60-year low, recent RBI survey of households indicate decline in earnings to levels lower than 2013-14 and rural sector in distress.

cent economic election government growth India market Mr Modi outcome political

 

I will cover the three main reasons why I added to my WNC position in the R.I.P.

There are three main reasons why I am currently interested in building a larger position in Wabash: (1) valuation, (2) potential policy changes, and (3) benefits of the Supreme Industries (STS) acquisition.

business earnings management rate shares significant term Wabash WNC year

 

Sentiment was also upbeat across global with Asian shares advancing as tensions between the US and North Korea came off the boil, although the Federal Reserve's concerns about weak US inflation weighed on the dollar. The opportunity from recent correction and the announcement of share buy back from IT major supported the sentiment.

bank BSE index India inflation Nifty Rs shares stock YoY

 

Intel could be a technology stock worth investing in as it looks to expand its chip business in the second half, an asset portfolio manager told CNBC.

James Gautrey, portfolio manager and global sector specialist at asset management firm Schroders, said that the semiconductor industry made investors "particularly excited," and that Nvidia was a "poster child for the AI (artificial intelligence) revolution".

asset Gautrey Intel Investing manager portfolio Schroders semiconductor stock worth

 

The CEO of The Peebles Corporation says he regrets keeping an open mind about Trump. Trump says he ended both of his administration's councils of ...

Donald Trump's response to violent protests from white supremacist groups received widespread criticism.

Donald groups protests received response supremacist Trump violent White widespread

 

A man fell to his death on Wednesday at the Port of Los Angeles after he led police on a chase before he climbed a crane where he stripped, danced and did acrobatics during a hours-long standoff, local media reported.

Angeles Chase death fell led Los man police port Wednesday

 

The rabbi who oversaw Ivanka Trump's conversion to Judaism has co-written a scathing letter to his congregation about President Trump's response to the deadly unrest in Charlottesville, Va. "We are appalled by this resurgence of bigotry and ...

co conversion Ivanka Judaism letter oversaw rabbi scathing Trump written

 

Sentiment was also upbeat across global with Asian shares advancing as tensions between the US and North Korea came off the boil, although the Federal Reserve's concerns about weak US inflation weighed on the dollar.

Investors also took cues from Reserve Bank of India's minutes of August 02 meeting.

bank BSE index India Nifty Rs shares stock trading YoY

 

Trump Lawyer Forwards Email Claiming There 'Literally Is No Difference' Between Robert E. Lee and George ...

Just like George Washington, if Washington had rebelled against fellow Americans who wanted to end slavery. After President Trump reverted to his claim that “both sides” are responsible for the violence in ...

Photo: Buyenlarge/Getty Images.

Buyenlarge claiming forwards George Getty Images lawyer photo Trump WASHINGTON

 

Apollo Hospitals hits 34-month low [0.01]

Posted on Aug. 17, 2017, 9:20 a.m. by Markets @ [source]

CLICK HERE TO READ FULL REPORT Meanwhile, in past three trading sessions, the stock of healthcare services company tanked 12% after the company’s net profit more-than-halved in June 2017 quarter (Q1FY18).The standalone net profit of the company declined 51% year-on-year (YoY) to Rs 35 crore from Rs 72 crore in the corresponding quarter of previous fiscal. Income from operations grew 15% to Rs 1,684 crore from Rs 1,465 crore in year ago quarter.“Earnings before interest, taxation, depreciation and amortisation (EBITDA) declined 7% YoY to Rs 165 crore, affected by regulations on stent pricing, loss from its newly operational Mumbai hospital, higher doctor guaranteed fees and one-time settlement charges,” analyst at Elara Capital said in quarterly update.The company says price rationalization will take at least 3-4 quarters to recover from the impact of regulations on stent pricing, added report.At 02:46 pm; the stock was down 7% at Rs 1,076 on BSE, as compared to 0.31% rise in the S&P BSE Sensex.

BSE declined net profit quarter report Rs crore stock The trading

 

The Srei Equipment Finance, a hundred per cent subsidiary of Srei Infrastructure Finance , will dilute 25 per cent of its equity by way of fresh issue of shares and offer for sale (OFS) by the parent firm.

cent dilute equipment equity Finance fresh hundred infrastructure Srei subsidiary

 

Mumbai: Srei Equipment Finance, the Kolkata based financier of infrastructure equipment will sell equity shares as it seeks to raise money to fund its fledging growth prospects, the company said.The company which is a wholly-owned subsidiary of the listed Srei Infrastructure Finance will dilute 25% of its share capital by the end of this fiscal year, vice chairman Sunil Kanoria said.“We will do both a primary as well as a secondary issue. Srei Infra the parent company will also sell some of its stake and the remaining will be sold to new investors.Listing norms say that a minimum of 25% of the shares have to be diluted and we will do only that much,” Kanoria said.French banking group BNP Paribas held a 50% stake in Srei Equipment until December 2015.

equipment Finance growth infrastructure Kanoria said shares Srei stake The