Stocks

GST is here. Is it time to look at logistics stocks?

As the nation prepares for implementation of the goods and services tax (GST) laws, the performance at the bourses of transport and logistics companies – once considered as one of the key beneficiaries under the one nation, one tax regime – has been a mixed bag thus far in calendar year 2017 (CY17).   Five of the 10 stocks in ... Read More »

Bank of America Reports Earnings Drop in Q1, Stock Dips

Bank of America has announced its first-quarter results and the outcome is not very positive. The multinational banking corporation has reported a 13 percent decline in first-quarter profit. On a positive note though loan growth and expense cuts have prompted investors to be hopeful about the future. “It wasn’t a great quarter, but it was a normal quarter,” Nancy Bush, ... Read More »

Need to Move Summer Stock? Follow Amazon Prime Day Model

Today, Amazon celebrates Prime Day for members of its Prime program. The special service offers customers free two-day shipping and other benefits. And on this special day — some are calling a Christmas in July and Black Friday in July — members get even better deals. It’s turning into a big shopping day online, to be sure. Small business owners can learn ... Read More »

4 Stocks In Buy Range Ahead Of Earnings Reports: Investing Action Plan

Here’s your Investing Action Plan for Tuesday: what you need to know as an investor for the coming day. Fan favorites like Apple (AAPL) and Facebook (FB) give current stockholders reason to cheer but are well above buying range. Even Apple bull Warren Buffett wouldn’t buy its shares again now and is skittish about Amazon.com (AMZN), despite admitting that he ... Read More »

ICICI, Axis, SBI Gain, RBI To Get Power To Act Against Loan Defaulters

Shares of public and private sector lenders were witnessing good buying interest in trade today a day after the Union Cabinet empowered the Reserve Bank of India (RBI) to act against wilful defaulters. The Union Cabinet cleared an ordinance empowering the Reserve Bank of India (RBI) to act against wilful defaulters. The ordinance has been sent to the president for ... Read More »

RERA and realty stocks: Should you invest?

Shares of real estate companies were in focus on Tuesday with the Nifty Realty Index gaining nearly 3% on the National Stock Exchange (NSE) in intra-day deals. By comparison, the Nifty 50 moved up 0.3% to 9,352 levels. Thus far in calendar year 2017 (CY17), the Nifty Realty index has rallied 56%, as compared with 14% rise in the Nifty ... Read More »

Stocks Fade, But Facebook Soars; Why These 2 Medicals Are Up Big

The stock market was modestly lower heading into Friday’s close, with small caps taking a beating following a heavy slate of earnings reports. The Nasdaq composite fell fractionally as some of its major components such as Amazon.com (AMZN) and Alphabet (GOOGL) enjoyed post-earnings rallies while others fell on disappointing results. Amazon was well off its Friday intraday high, but still above ... Read More »

Buy, Sell, Hold Analysts have these 4 stocks on their radar today

Citi maintained its buy call on the stock with an increase in its bull case target to Rs 1,923 due to higher Jio valuation and lower peak net debt. It believes that the company’s outperformance could sustain as the earnings are an at an inflection point. Among key risks to the stock are weakening in refining fundamentals and global petrochemical ... Read More »

IMF members delete anti-protectionism pledge, keep currency commitments

Member countries of the International Monetary Fund on Saturday pledged to work to reduce global imbalances but failed to repeat their past pledge to resist all forms of protectionism. The International Monetary and Financial Committee, the IMF’s steering body, also repeated its past commitments on currency exchange rates. “We will refrain from competitive devaluations, and will not target our exchange ... Read More »

Buy, Sell, Hold: Here are 3 stocks that analysts are tracking today

Yes Bank Macquarie has maintained an outperform rating on the stock with an unchanged target of Rs 1,800. It believes that the asset quality slippage in the bank’s Q4 is disappointing, while the net profit was in line with its estimates. The negative surprise in the results could have a bearing on the stock performance. The research firm has made ... Read More »