Master Capital Services’ Independence Day Pick Is These Two Small-Cap Companies

Master Capital Services has determined that the two best small-cap stocks for Independence Day 2024 are Platinum Industries and Suyog Telematics. Over the past year, Suyog Telematics has experienced a 146% growth in share price, and Platinum Industries has had a 100% increase. Since the previous Independence Day, a number of factors have coalesced in […]

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Nikkei Rises As Asian Markets Advance After Japan’s GDP Exceeds 

 Japan’s GDP increased by 0.8% in the second quarter, above market expectations on a quarter-over-quarter basis. Economists surveyed had predicted a 0.5% increase.  The Bureau of Labor Statistics reported on Wednesday that U.S. consumer prices rose 2.9% year over year, the lowest level since March 2021 and down from 3% in June. Over a given

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Hawaiian Holdings’ Stock Rises After A Closer Examining Alaska Airlines’ Acquisition

Recently, it was announced that the parent companies of Hawaiian Airlines, Hawaiian Holdings Inc. (NASDAQ:HA) and Alaska Air Group Inc. (NYSE:NYSE:ALK), had reached an understanding extending the review time for their proposed merger till August 16, 2024. The firms had originally planned for the merger process to end by August 5, 2024, but this is

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Mars-Kellanova Deal Increases Stocks In The Grocery Aisle

The announcement on Wednesday that Mars Inc. would be purchasing snack producer Kellanova for $36 billion helped to raise the stock prices of the corporations that control the center aisles of supermarket stores in America. With a rise of more than 7%, Kellanova was the S&P 500’s best-performing stock during morning trading on Wednesday. ConAgra

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Asian Paints And Cummins India Are Among Four Stocks With Short Covering; Check Full Details

Short covering is the purchase of stocks to settle an existing short position, indicating a shift from severe bearishness to bullishness. Four equities experienced short covering during the trading session on Wednesday. Here’s the list of the four stocks with short covering. 1. Indiamart Intermesh Indiamart Intermesh provides a platform and tools for over 12.5

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Allstate Divests Its Employer Voluntary Benefits Unit; Stocks Increased By 5%

Following the announcement on Wednesday that the insurance company had sold its Employer Voluntary Benefits division to privately held StanCorp Financial Group, popularly known as The Standard, for $2 billion, Allstate (ALL) shares hit an all-time high. The insurer announced on Tuesday that this action marked the beginning of its plan to merge its three

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FirstCry & Unicommerce Make Outstanding Debut In The Market

Modern businesses, such as e-commerce software provider Unicommerce and omnichannel retailer FirstCry, made a spectacular stock market entrance on Tuesday, highlighting a healthy primary market. FirstCry’s parent company, Brainbees Solutions, commenced trading on the BSE for ₹625 per share, 34% higher than the ₹465 price of its IPO (initial public offering). Unicommerce Esolutions, situated in

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Australian Shares Upsurge As Positive News On US Producer Prices Raises Hope For A Rate Cut

For the fourth straight day, Australian stocks increased on Wednesday as expectations of a September interest rate decrease by the Fed Reserve were bolstered by weaker U.S. producer price data. In broad-broad buying, the S&P/ASX 200 index increased 0.6% to 7,872.2 by 00:18 GMT. Because less expensive services offset an increase in the cost of

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On August 14 Indus Towers’ Rs 2,600 Crore Share Repurchase Offer Would Start

The tower company announced in an exchange filing on Tuesday that the share buyback offer of Indus Towers will begin on Wednesday, August 14, and end on August 21.  “To eligible shareholders who held equity shares of the company as on August 9 (the Record Date), the company has e-mailed the Letter of Offer today,

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US Stock Market Fear Subsides, But Historical Evidence Suggests A Swift Return To Calm

After a spike in U.S. stock volatility last week, panic seems to have subsided, but if past performance is any indication, markets could stay nervous for months.  The Cboe Volatility Index (.VIX), which is Wall Street’s most widely watched indicator of investor worry, has quickly reduced after closing at a four-year high last week and

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