Market News
WeightWatchers Gets a Makeover With Obesity-Drug Business
Wall Street Journal - 16 Apr 2023 16:00
The decision to get into the obesity-medication business for drugs such as Ozempic makes sense as it tries to turn a declining business around.
It's time to revisit some issues in the securities market
livemint.com - 16 Apr 2023 19:41
Retail investors must avoid companies that see a high level of promoter share pledges
5 Underloved Gas Plays Yielding Up To 11.8%
Forbes - 16 Apr 2023 13:30
We contrarians, we're not ashamed to admit, make our big money dumpster diving for discarded dividends.
How are bond investments reported in ITR?
livemint.com - 16 Apr 2023 19:43
An individual sold a flat and invested the taxable portion after indexation in REC bonds. LTCG must be reported in Schedule CG and any deduction claimed under Section 54EC in Part-D, serial no. 1 of Form ITR 2. TDS must ...
Fed Pause Wouldn't Necessarily Refresh Stock Market
Wall Street Journal - 16 Apr 2023 11:30
Faltering earnings growth and high valuations are factors that could undercut stocks' tendency to rise after rates peak.
Merck in Late-Stage Talks to Acquire Prometheus Biosciences
Wall Street Journal - 16 Apr 2023 06:09
Merck & Co. is in late-stage talks to acquire Prometheus Biosciences Inc., according to people familiar with the matter, a move that could give the big drugmaker promising immune disease treatments.
The math behind the right-sized loan
livemint.com - 16 Apr 2023 19:32
Banks may be willing to give you a bigger home loan. But there's a catch.The home loan amount that one can get from any lender goes down as interest rates go up. The vice versa is also true in this case
Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
Wall Street Journal - 16 Apr 2023 16:32
The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil.
SEC Targets Bittrex, Fallen Giant of U.S. Crypto Exchanges
Wall Street Journal - 16 Apr 2023 13:00
Bittrex, once ranked as the country's biggest platform for trading digital assets, is leaving the U.S.
Why Rajeev Thakkar's current strategy favours large-cap stocks
livemint.com - 16 Apr 2023 19:38
The chief investment officer of PPFAS MF says mid- and small-caps are not yet at attractive valuation levels.His allocation to equity has gone up from 82% to 84%, and a large chunk of this is in PPFAS Mutual Fund
A Last-Minute Tax Guide for Procrastinators
Wall Street Journal - 16 Apr 2023 11:30
Here are tips on how to navigate filing your return or requesting an extension by the April 18 deadline.
March Inflation: In Like A Lion; Out Like A Lamb
Forbes - 16 Apr 2023 04:01
As the Recession unfolds and deflation becomes the order of the day, the Fed will respond like all past Fed's have. A move up in rates of +25 basis points in May, if that comes to pass, will be the last of this rate hiki...