Epic Update : Jet Airways

Epic US Markets Update

The Dow Jones industrial average fell 46.23 points or 0.3 percent, to end at 15,612.13. The S&P 500 slipped 2.53 points or 0.15 percent, to finish at 1,707.14. But the NasdaqComposite Index added 3.364 points or 0.09 percent, to close at 3,692.951.

In commodities, Brent crude hovers around USD 108 per barrel. From precious metals space,gold trades around USD 1300 an ounce.
 
Epic US Markets Update

The S&P 500%u2032s decline on Tuesday was its biggest fall since June 24 as investors continued to take profits from the recent rally that drove the Dow Jones industrial average and the benchmark S&P to back-to-back record closing highs late last week.

The Dow Jones industrial average fell 93.39 points or 0.60 percent, to end at 15,518.74. The S&P 500 declined 9.77 points or 0.57 percent, to 1,697.37. The Nasdaq Composite dropped 27.182 points or 0.74 percent, to 3,665.77.
 
Epic US Markets Update

US markets recovered from their worst levels, but still closed in the red for a third session, with major averages retreating further from their recent highs, amid renewed concerns about when the Federal Reserve may start to wind down its bond-buying program.

The Dow Jones industrial average fell 48.07 points or 0.31 percent, to end at 15,470.67. The S&P 500 declined 6.46 points or 0.38 percent, to 1,690.91. The Nasdaq Composite dropped 11.761 points or 0.32 percent, to 3,654.009.
 
Epic US Markets Update

US stocks ended modestly lower as investors found few catalysts in light volume. For the week, the S&P 500 lost 1.1 percent, after several Fed officials alluded to a decline in stimulus before long. The Fed%u2019s support has been a major driver in the rally that has pushed the S&P 500 up more than 18 percent so far this year.

The Dow Jones industrial average ended down 72.81 points, or 0.47 percent, at 15,425.51. The Standard & Poor%u2019s 500 Index was off 6.06 points, or 0.36 percent, at 1,691.42. The NasdaqComposite Index lost 9.02 points, or 0.25 percent, at 3,660.11.
 
Epic Update : Jet Airways

Company in process of getting additional clearances for Etihad deal
Revenues from international operations presently at 58 percent
Have seen healthy seat factor growth during the year
Have focused on growing ancillary revenue
Have re-deployed flights on the profitable routes
Year gone by was tough for aviation industry
Need to address problems of aviation industry collectively.
 
Epic US Markets Update

The Dow and the S&P 500 indexes dipped on Monday, extending losses from Wall Street%u2019s worst week since June last week, but Apple and BlackBerry kept the Nasdaq index afloat.

The Dow Jones industrial average was down 5.83 points, or 0.04 percent, at 15,419.68. The Standard & Poor%u2019s 500 Index was down 1.95 points, or 0.12 percent, at 1,689.47. The Nasdaq Composite Index was up 9.84 points, or 0.27 percent, at 3,669.95.
 
Epic US Markets Update

US markets closed in positive territory, rebounding after Atlanta Federal Reserve president Dennis Lockhart downplayed the notion that the central bank would begin winding down its bond-buying program at its September meeting.

The Dow Jones industrial average rose 31.33 points to 15,451.01, the S&P 500 gained 4.69 points to 1,694.16 and the NasdaqComposite added 14.492 points to 3,684.443.
 
Epic US Markets Update

US markets finished near their session lows on Thursday, with the Dow dropping more than 200 points, as bond yields jumped to their highest level in two years and as the market continued to gauge when the Federal Reserve might start to reduce its asset purchases. The CBOE volatility index shot near 15.

The Dow Jones industrial average was down 225.47 points, or 1.47 percent, at 15,112.19. The Standard & Poor%u2019s 500 Index was down 24.07 points, or 1.43 percent, at 1,661.32. The Nasdaq Composite Index was down 63.16 points, or 1.72 percent, at 3,606.12.
 
Epic US Markets Update

US stocks fell slightly on Friday, and the Dow industrials posted the biggest weekly loss this year as rising bond yields hurt shares paying rich dividends and earnings from retailers disappointed investors.

The S&P 500 utilities sector, down 1.1 percent, led the day%u2019s decline as the yield on the benchmark 10-year US Treasury note rose to a two-year high, making the highest dividend-paying stocks less attractive.

The Dow Jones industrial average was down 30.72 points, or 0.20 percent, at 15,081.47. The Standard & Poor%u2019s 500 Index was down 5.49 points, or 0.33 percent, at 1,655.83. The Nasdaq Composite Index was down 3.34 points, or 0.09 percent, at 3,602.78.
 
Epic US Markets Update

US stocks lost ground on Monday, with each of the major indexes falling for a fourth straight session, as investors were hesitant to make new bets ahead of an expected shift in Federal Reserve policy that could lead to higher interest rates.

The declines marked the longest losing streak of the year for the Dow and S&P 500, while the Nasdaq matched its longest string of declines since mid-June.

The Nasdaq was positive for most of the session, spurred by gains in technology shares, such as Apple Inc
 
Epic US Markets Update

US stocks ended lower in choppy trading on Wednesday after minutes from the US Federal Reserve’s July meeting offered few clues on the timing of a reduction in its bond-buying program.

The Dow Jones industrial average fell 105.52 points or 0.7 percent, to 14,897.47, the S&P 500 lost 9.53 points or 0.58 percent, to 1,642.82 and the Nasdaq Composite dropped 13.801 points or 0.38 percent, to 3,599.79.
 
Epic Update : Jet Airways

Jet Airways’ JetPrivilege, has entered into partnership with Mobile Store, India’s first national chain of telecom retail outlets, as well as the country’s largest mobile retailer offering new opportunities for its members to earn JPMiles. This is the first of its kind of partnership wherein JPMembers will be able to earn JPMiles for purchases of mobiles phones and tablets made online on www .themobilestore. in as also through the retailer’s over 900 outlets across 100 cities in India.
 
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