|Bid||0.00 x 1000|
|Ask||0.00 x 4000|
|Day's Range||32.38 - 32.69|
|52 Week Range||31.67 - 38.21|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.68%|
Cisco Systems (CSCO) managed to increase its Infrastructure Business segment by 2% YoY (year-over-year) in the third quarter to $7.2 billion. Cisco is losing market share to China’s (FXI) Huawei and is targeting growth in emerging markets (EEM) including India (INDA). Cisco aims to simplify and manage networks for enterprises and offers end-to-end intent-based networking portfolio solutions delivering security and automation.
The following are the major emerging market economic indicators that investors should analyze this week: India’s (INDA) Manufacturing PMI (Purchasing Managers’ Index) India’s Services PMI China’s (YINN) Manufacturing PMI China’s (ASHR) Services PMI Brazil’s (EWZ) Manufacturing PMI Brazil’s Services PMI Russia’s (RSX) Manufacturing PMI Russia’s Services PMI Indonesia’s Manufacturing PMI Mexico’s Manufacturing PMI Performance of the global market
Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India. Finance Minister Arun Jaitley celebrates a nearly 70% rise in tax filings, claiming the goods and services tax which unified national tax law across state lines, good news for future economic growth in India. Remember when the goods and services tax (GST) out of India was a "bad idea"?
Cognizant Technology Solutions (CTSH) is expected to announce its 1Q18 results on May 7. Analysts expect Cognizant to post revenue of $3.9 billion in 1Q18, a 10.1% YoY (year-over-year) rise from its revenue of $3.55 billion in 1Q17. Wall Street has a high revenue estimate of $3.92 billion and a low estimate of $3.88 billion for the company in the quarter, which ended in March 2018.
According to Markit Economics, India’s service PMI (purchasing managers’ index) improved in March after falling significantly in February, rising to 50.3 from 47.8. It beat the market estimate of 50.0.
India’s manufacturing PMI (purchasing managers’ index) fell unexpectedly in March, to 51.0 from 52.1 in February. The reading missed the market’s expectation of 52.8 and marked the slowest expansion in manufacturing activity since October 2017.
First Trust, one of the largest issuers of smart beta exchange traded funds, is throwing in the towel on the First Trust Taiwan AlphaDEX Fund. First Trust is reconfiguring, rather than shuttering, the ...
Major emerging market economic indicators that investors should watch for this week are as follows: Brazil’s (EWZ) manufacturing PMI Brazil’s services PMI India’s (INDA) manufacturing PMI India’s services PMI Russia’s (RSX) manufacturing PMI Indonesia’s manufacturing PMI Mexico’s manufacturing PMI China’s (YINN) manufacturing PMI China’s (ASHR) services PMI
The government of India (INDA) has recently announced it will raise the import tax rate on mobile phones and video cameras, which could have an adverse impact on Apple’s (AAPL) iPhone market in India. According to Reuters, India has increased its tax on imported items to curtail foreign products and encourage local production.
The government of India (INDA) has recently changed its policy regarding the import of used goods. According to the new system, India will allow import of used electronic devices for repair and refurbishment. Devices will then have to be exported outside India.
Emerging economies play an important role in global economic growth. Global growth has been improving gradually since 2H16, with the improvements in various fundamental factors of emerging economies also supporting their economic growth. The iShares MSCI Emerging Markets ETF (EEM), which tracks the performance of the emerging markets (VWO), has risen 20.7% over the past year.
Nokia now has patent-licensing agreements with smartphone manufacturers including Apple, LG, and Xiaomi. Smartphone shipments for Huawei have grown significantly over the last few years. Huawei and Xiaomi are targeting emerging markets (EEM) such as India (INDA) and China to drive shipment growth and launching smartphones in the $150 range.
The iShares India 50 ETF (NASDAQ: INDY) and the iShares MSCI India ETF (CBOE: INDA) are two big India ETFs trading in the U.S. with positive outlook. In recent years, India’s government has taken steps ...
After launching its Tez payment app (application), Alphabet’s (GOOGL) Google is planning to start a messaging service in India (INDA) through Tez. Google may be trying to provide some fierce competition to Facebook’s (FB) WhatsApp by uniting messaging and payments features in Tez.
The Indian economy is coming back in the picture. Latest data released by the statistics office reveal that the economy grew at its fastest pace in five quarters and might be recovering from the two setbacks faced, demonetization of high currency notes and the Goods and Service Tax (GST).Source: ©iStock.com/mjbs