Market News
Wells Fargo CEO Charles Scharf Gets 20% Pay Raise
Wall Street Journal - 15 Mar 2022 00:21
His compensation for 2021 totaled $24.5 million. The bank's stock price soared 59% last year.
Universal Health Services: Labor Challenges Will Pass, Profits Will Stay
Forbes - 15 Mar 2022 15:30Carnival Stock Falls 26% Due To High Oil Prices, Geopolitical Uncertainty. What Next?
Forbes - 15 Mar 2022 15:00Chinese Stocks Imploded. It's Too Early to Buy the Dip.
Wall Street Journal - 15 Mar 2022 14:16
Chinese stocks are facing a perfect storm of Omicron, geopolitics and regulatory blowback.
China as Russia's Backdoor to Western Sanctions
Forbes - 15 Mar 2022 23:32Big Lots Shares Rise as Investor Pushes for Sale
Wall Street Journal - 15 Mar 2022 23:12
Investment company Mill Road Capital disclosed a 5.1% stake in the discount retailer.
Vladimir Putin: What's Behind His Invasion Into Ukraine?
Forbes - 15 Mar 2022 23:11How much tax do you pay on equity investments?
livemint.com - 15 Mar 2022 22:30
Given that different equity assets have different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too
ETF returns can be more volatile than underlying assets
livemint.com - 15 Mar 2022 21:47
Investors should study average trading volumes and check if there is a large bid-ask spread before investing in ETFs
Big Four Accounting Firms Come Under SEC Scrutiny
Wall Street Journal - 15 Mar 2022 20:45
The Securities and Exchange Commission has launched a probe into how accounting firms manage conflicts of interest caused by the sale of nonaudit services.
Run, Don't Walk, To Buy Treasury I Bonds Paying Over 7% To Beat Inflation
Forbes - 15 Mar 2022 19:53How is royalty from book sales treated for income-tax?
livemint.com - 15 Mar 2022 18:41
Income/royalty from book sales can be categorized as income from other sources (IOS) or profits and gains from business and profession (PGBP)
A short guide to stock idea generation
livemint.com - 15 Mar 2022 18:19
First source of idea generation can come from capacity expenditure or capex stories
SEC Commissioner to Depart Once Successor Is Confirmed
Wall Street Journal - 15 Mar 2022 17:17
Allison Lee is one of the three Democrats on the Securities and Exchange Commission and the timing of her departure would ensure the continuation of the agency chairman's agenda.
Ukraine War Could Severely Hurt Global Growth and Oil Demand, OPEC Says
Wall Street Journal - 15 Mar 2022 17:02
In a rare move, the cartel said the situation in Ukraine remains too fluid for it to accurately attach numbers on what the effects would be. It said its forecasts for 2022 global oil-demand growth, non-OPEC supply growth...
War, Pandemic, Inflation: Markets Struggle When Narratives Collide
Wall Street Journal - 15 Mar 2022 15:45
For years, investors have only had to deal with one overarching market narrative at a time: Covid, then reflation, then supply-chain inflation, then a tardy Fed, then war. Now things are getting more complicated.
Chinese Stocks Sink Further as Challenges Mount
Wall Street Journal - 15 Mar 2022 15:44
The main indexes fell to their lowest levels in years, and the battered shares in China's two biggest tech companies tumbled by double-digit percentages.