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Market News

Location American Market News for 15 March 2022

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.
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Universal Health Services: Labor Challenges Will Pass, Profits Will Stay This stock still presents excellent risk/reward and could be worth $228+/share today - a 58%+ upside.
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Carnival Stock Falls 26% Due To High Oil Prices, Geopolitical Uncertainty. What Next? Carnival, the largest cruise line operator, has seen its stock price decline by close to 26% over the last month, considerably underperforming the S&P 500, which was down by about 6.5% over the same period. The recent se...
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Chinese 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.
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China as Russia's Backdoor to Western Sanctions As Western sanctions bite deep into the core of Russia's economy, China is increasingly being viewed as Vladimir Putin's economic lifeline to sustain the nations economy.
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Big 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.
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Vladimir Putin: What's Behind His Invasion Into Ukraine? Why did Putin invade Ukraine? What's his end game? While we cannot say with certainty, there is a great deal of evidence to suggest Ukraine is not the final chapter.
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How much tax do you pay on equity investments?

livemint.com - 15 Mar 2022 22:30
How much tax do you pay on equity investments? 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
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ETF returns can be more volatile than underlying assets Investors should study average trading volumes and check if there is a large bid-ask spread before investing in ETFs
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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.
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Run, Don't Walk, To Buy Treasury I Bonds Paying Over 7% To Beat Inflation With inflation looking like it won't cool down anytime soon U.S. Treasury I Bonds are paying over 7%. If you have cash you don't need for a year these are a great place to park it.
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How is royalty from book sales treated for income-tax? Income/royalty from book sales can be categorized as income from other sources (IOS) or profits and gains from business and profession (PGBP)
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A short guide to stock idea generation

livemint.com - 15 Mar 2022 18:19
A short guide to stock idea generation First source of idea generation can come from capacity expenditure or capex stories
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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.
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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...
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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.
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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.
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This 7.7% Dividend Is A Rock In Worrying Times I'm hearing from a lot of investors who are concerned about protecting their portfolios, and their income streams, from the worrying times we're facing today.
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The Good And Bad: Hanesbrands & KBR Inc.

Forbes - 15 Mar 2022 15:35
The Good And Bad: Hanesbrands & KBR Inc. See two of the featured stocks from this month's model portfolios.
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What's Happening With QuantumScape Stock?

Forbes - 15 Mar 2022 15:00
What's Happening With QuantumScape Stock? QuantumScape stock, a startup that is working on solid-state lithium metal batteries for electric vehicles, has had a tough year so far, declining by about 33% year-to-date. The recent movement in the stock is largely dr...
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How To Improve Your Portfolio Strategy Amid The Russia-Ukraine Conflict The Russian invasion of Ukraine has led to instability in global financial markets. Here's what you can do about it.
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Biden May Extend The Student Loan Payment Pause, But These Republicans Want To End Student Loan Relief Now Borrowers want more student loan relief. These legislators want to end the student loan payment pause.
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