Market News
UBS Penalties Slashed by Around $3 Billion in French Tax Case
Wall Street Journal - 13 Dec 2021 16:34
An appeals court ordered UBS to pay around $2 billion for helping wealthy clients in France evade taxes, reducing the size of an earlier penalty of around $5 billion.
Why Are Tesla's Self Driving Software Sales Slowing Down?
Forbes - 13 Dec 2021 14:00
Firstly, Tesla has been increasingly emphasizing its Model 3 and Y vehicles, which have a lower starting price and this could be reducing attach rates for the self-driving package, which is likely a more popular option o...
Credit Suisse Fills Leadership Slots in Post-Archegos Reshuffle
Wall Street Journal - 13 Dec 2021 12:51
The Swiss banking giant rehired veteran banker Francesco De Ferrari to head its wealth-management arm catering to the world's rich.
JPMorgan in Talks to Pay $200 Million Fine Over Staffers' Texts
Wall Street Journal - 13 Dec 2021 21:42
The settlement would be the first to emerge from a regulatory sweep of how banks track employee communications.
GameStop, AMC Fall in Blow to Meme-Stock Investors
Wall Street Journal - 13 Dec 2021 21:24
Data suggest that individual investors continued to buy the stocks amid last week's selloff after both companies reported news that hurt their share prices.
Holiday vs mobile phone: which is a better deal?
livemint.com - 13 Dec 2021 21:21
Economics provides us with a way of thinking and coming to a decision
Why is it important to have an emergency fund account?
livemint.com - 13 Dec 2021 21:21
A sufficient amount of funds should be kept aside, depending on the financial capacity of individuals and their family requirements.You may need an emergency fund because your income may reduce overtime due to uncertaint...
After A Dismal Performance Last Month, Diodes Incorporated Looks Set To Rally
Forbes - 13 Dec 2021 20:45Will Bears Rule Halliburton Stock Amid Covid Scare?
Forbes - 13 Dec 2021 20:00Returns on my investments
livemint.com - 13 Dec 2021 19:16
Building a portfolio is a complex exercise, and it has to be maintained too
What Is Next For Baidu's Stock?
Forbes - 13 Dec 2021 19:15
Overall, subject to the regulatory issues, we believe Baidu at the current price has an upside potential due to expected revenue growth.
Here's how TDS can impact your fixed deposit maturity amount
livemint.com - 13 Dec 2021 19:06
Where TDS is applicable, amount so deducted loses benefit of compounding for the remaining investment tenure
5 Little Things You Can Do That Have Compounding Effects On Your Savings
Forbes - 13 Dec 2021 18:49
The earlier you take these steps, the longer they have to work--and the greater your outcomes will be later.
UBS Should Pay Its $2 Billion Fine and Move On
Wall Street Journal - 13 Dec 2021 18:24
The Swiss banking giant has an affordable opportunity to draw a line under its French tax evasion case. It should take it.
At $153, Travelers Stock Has Limited Upside
Forbes - 13 Dec 2021 17:45
[Updated 12/10/2021] Travelers Valuation Update Travelers stock (NYSE: TRV) has gained 9% YTD, and at its current price of $153 per share, it is trading 6% below its fair value of $163 - Trefis' estimate for Travelers' v...
These Stocks Can Offer Better Returns Over Corning
Forbes - 13 Dec 2021 17:00
Corning's current price-to-operating income ratio (P/EBIT) of 17x is higher than levels of 16x for EnerSys (NYSE: ENS), 14x for BWX Technologies (NASDAQ: BWXT), and 9x for Brunswick (NYSE: BC).
Friday's Consumer Price Index (CPI) Report Could Prompt The Fed To Taper Faster
Forbes - 13 Dec 2021 16:54
Equity index futures point higher as the Fed, Bank of England, European Central Bank, and the Bank of Japan are all scheduled to meet this week. Inflation continues to be a focus after Friday's Consumers Price Index (CPI...
Muddled Priorities and Monetary Policy in Beijing
Wall Street Journal - 13 Dec 2021 16:19
China has significant scope to fight off a deepening economic slowdown--if it is willing to be realistic about what is needed.
Overstated Operating Earnings Increase Downside Risk For The S&P 500
Forbes - 13 Dec 2021 16:16
The Operating Earnings from S&P Global (SPGI) for the S&P 500 overstate Core Earnings, which increases downside risk for the index.
Will Honeywell Stock Rise Following A 9% Fall In A Month?
Forbes - 13 Dec 2021 16:15
Industrial stocks, such as Honeywell and General Electric, have exposure to the Aerospace segment, with airlines being one of the worst hit sectors during the pandemic.
Why Bristol Myers Squibb Is A Top Socially Responsible Dividend Stock
Forbes - 13 Dec 2021 15:58
Bristol Myers Squibb has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.5% yield
Omicron Oil Demand Impact Will Be 'Mild and Short-Lived,' OPEC Says
Wall Street Journal - 13 Dec 2021 15:50
The new variant's impact on global oil markets won't be as seismic as initially feared, because governments and businesses are now better adapted to dealing with the coronavirus. the cartel said.