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Economy

The Nifty ended the day at 9,820.25, down 87.80 points, or 0.89 %. Poor results, geopolitical issues and unwinding in mid cap stocks impacted markets. Tata Motors slumped 5.4 percent. The mid-cap company has equity capital of Rs 13.99 crore. However, software exporters such as Infosys , Wipro and TCS emerged unscathed with gains, after the rupee weakened against the dollar, helping the BSE IT index close in the green by rising 0.63 %.
  • The UK housing market is 'faltering' and price growth is 'nearing zero'

    The UK housing market is 'faltering' and price growth is 'nearing zero'

    Economy

    A net balance of 1% of surveyors reported prices increasing rather than decreasing in July, down from 7% in June, according to the Royal Institution of Chartered Surveyors. For homes listed at between £500,000 and £1m, a combined 57% of respondents said sales prices had been lower than asking prices. The annual rate of house price growth, on a three-month rolling average, slipped to 2.1%, down from 2.6% in June.
  • Investors Buy High Volume of Call Options on Encana Corporation (NYSE:ECA)

    Economy

    Jvl Advisors Llc increased its stake in Encana Corp (ECA) by 329.71% based on its latest 2016Q4 regulatory filing with the SEC. Several hedge funds and other institutional investors have recently modified their holdings of ECA. Encana Corporation had a net margin of 19.09% and a return on equity of 6.25%. During the same quarter a year ago, the firm earned $0.10 EPS. It is calculated by dividing the current market price of the stock by its earnings per share (EPS ).
  • What Happened in Office Depot's Q2?

    What Happened in Office Depot's Q2?

    Economy

    A number of other research firms also recently issued reports on ODP . Perhaps, that suggests something about why 87.40% of the outstanding share supply is held by institutional investors. New York State Common Retirement Fund owns 741,339 shares. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and worldwide copyright & trademark legislation.
  • Buster Posey's three-run homer helps lift Giants past Cubs

    Buster Posey's three-run homer helps lift Giants past Cubs

    Economy

    The Giants made Hendricks work but he was able to come up big and strand base runners when needed. Albert Almora Jr. continued his mastery of left-handed pitching by smacking a home run off Bumgarner with two out in the third. The go-ahead run scored off Duensing in the seventh when Jarrett Parker singled home Denard Span . The Cubs don't play again until Friday. The one player the Cubs could least afford to lose from their lineup could be sidelined for an extended period of time ...
  • Vantiv, Inc. (NASDAQ:VNTV) To Report Earnings

    Economy

    Bessemer Group Inc. now owns 2,334,886 shares of the business services provider's stock valued at $147,891,000 after buying an additional 797,144 shares during the last quarter. If you are viewing this report on another website, it was illegally copied and republished in violation of United States and global copyright & trademark laws.
  • Walmart apologizes for display marketing firearms as back-to-school items

    Walmart apologizes for display marketing firearms as back-to-school items

    Economy

    He declined to comment on whether Walmart officials acknowledged the connection critics were making between guns and mass shootings on school campuses. "We are very sorry and appalled that this third party seller listed their item with this description on our online marketplace", Danit Marquardt, Director, Corporate Communications & Media Relations, Walmart, said.
  • Asian stocks lower as US, NKorea nuclear tensions rise

    Asian stocks lower as US, NKorea nuclear tensions rise

    Economy

    The broad-based S&P 500 dipped to 2,474.92, and the tech-rich Nasdaq Composite Index dropped to 6,370.46. The dollar index, which tracks the greenback against a basket of six major rivals, was almost flat on the day at 93.683, remaining above last week's 15-month low of 92.548.
  • New Zealand holds interest rate at record low

    New Zealand holds interest rate at record low

    Economy

    Investing.com offers an extensive set of professional tools for the financial markets. Wheeler has had to contend with a global environment of low inflation and while major central banks' ultra-loose policy has had a role in that, he said there were other structural changes that had also kept a lid on rising consumer prices.