Business News
SpiceJet: ghost from the past?
livemint.com - 8 Dec 2014 17:22
Worries about SpiceJet being the next Kingfisher have grown
This Is How Fracking Works
The Huffington Post - 8 Dec 2014 07:00Rupee return seen best in Asia as oil cuts deficit
livemint.com - 8 Dec 2014 17:24
UBS estimates the shortfall in India's current-account will narrow to 0.2% of GDP in fiscal year ending March 2015 and be at 0.3% the following 12 months
De-jargoned: Anchor tenant
livemint.com - 8 Dec 2014 15:11
It is also sometimes referred to as a traffic generator or magnet store
Funds Added To AbbVie Positions
Forbes - 8 Dec 2014 22:02
At Holdings Channel, we have reviewed 3,603 13F filings for the 09/30/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
BP plc (ADR) (BP) Layoffs Start As Falling Oil Prices Take Toll
Bidness etc. - 8 Dec 2014 17:08
BP plc (ADR) (NYSE:BP) is planning to cut back employment in a number of its offices in light of plunging oil markets and the oil spill in the Gulf of Mexico. The official announcement is expected to be made Wednesday.
Avoid the multinationals that fall foul of the 'Google tax'
MoneyWeek - 8 Dec 2014 15:10
Corporate tax avoidance is a bigger danger to company profits than many investors think, says Merryn Somerset Webb. The post Avoid the multinationals that fall foul of the ‘Google tax’ was first published on MoneyWee...
Falling Oil Prices Spur Bets on Growth
Wall Street Journal - 8 Dec 2014 06:18
Many of the world's top policy makers are rewriting their economic forecasts for the U.S., Europe, Japan and elsewhere, betting plummeting oil prices will lead to an overall boost in the global economy.
Credit Suisse evaluates prime brokerage business as part of October cuts: source
Reuters - 8 Dec 2014 00:07
(Reuters) - Credit Suisse AG is considering scaling down its prime brokerage business as part of already announced efforts to reduce risk in its investment banking division, a person familiar with the matter told Reuters...
Seahawks Player Rips Mark Sanchez After Blowout Win
Business Insider - 8 Dec 2014 18:40
The Seattle Seahawks had another impressive defensive performance Sunday afternoon, beating the Philadelphia Eagles 24-14. The Eagles came into the game fifth in the NFL in yards per game, but Seattle limited them to onl...
EU Draws Up $1.6 Trillion Investment List: Document
IBTimes - 8 Dec 2014 18:31
(Reuters) - The European Union has drawn up a list of almost 2,000 projects worth 1.3 trillion euros (1.02 trillion pounds) as potential candidates for an investment plan aimed to revive the continent's stagnating econom...
Chicago wants to help you upgrade your drafty apartment
Chicago Tribune - 8 Dec 2014 17:42Will Pfizer Inc End Up Buying Bristol-Myers Squibb As Its Interest In AstraZeneca Fades?
Bidness etc. - 8 Dec 2014 14:52
Mergers and acquisitions (M&A)-related activity in the healthcare sector this year appears to be never-ending. Word on the Street now is that Pfizer Inc. (NYSE:PFE) may be looking into acquiring its New York-based neighb...
McDonald's Corporation: Struggle To Pull In Customer Traffic Continues
Bidness etc. - 8 Dec 2014 18:27
McDonald's Corporation (NYSE:MCD) stock is down 3.38% in the first hour of trading today, following the release of weak comparable sales (comps) for November, which declined 2.2%. Investors were hoping that the fast-food...
Warren Buffett becomes world's 2nd-richest man
Market Watch - 8 Dec 2014 18:24
Warren Buffett becomes the world's second-richest man after shares of Berkshire Hathaway hit a record high on Friday.
Government Internet Censorship Isn't Just Ineffective: Here's Proof It Backfires Horribly
Fast Company - 8 Dec 2014 18:18
We can thank Barbra Streisand. Singer Barbra Streisand and the governments of Turkey and Pakistan have little in common. But there is one thing: All have tried to censor the Internet, and all have failed miserably. Read ...
Somerville Sues Gaming Commission Over Wynn License
Boston - 8 Dec 2014 16:16
Somerville Mayor Joe Curtatone has never been too fond of the state's expanded gambling plans.
The Person Whose Drone Nearly Hit An Airbus At Heathrow Risked £500,000 In Fines
Business Insider - 8 Dec 2014 11:45
A mystery drone nearly collided with a commercial passenger jet at Heathrow yesterday. The Civil Aviation Authority (CAA) gave the incident an "A" rating, the BBC says, which means there was a "serious risk of collision"...
See Which 11 Guru Fund Managers Hold Apple
Forbes - 8 Dec 2014 22:03
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,603 13F filings for the 09/30/2014 reporting period, and noticed that Apple (NASD: AAPL) was held...
Monday Sector Laggards: Energy, Technology & Communications
Forbes - 8 Dec 2014 21:33
Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 4.6% loss. Within that group, Denbury Resources (NYSE: DNR) and ONEOK (NYSE: OKE) are two l...
Monday Sector Leaders: Utilities, Financial
Forbes - 8 Dec 2014 21:32
In afternoon trading on Monday, Utilities stocks are the best performing sector, higher by 0.3%. Within that group, Ameren (NYSE: AEE) and Wisconsin Energy (NYSE: WEC) are two large stocks leading the way, showing a gain...
Wall Street Week Ahead: Dow Jones Industrial Average Flirts With 18,000 Milestone
IBTimes - 8 Dec 2014 21:31
U.S. stocks eased slightly Monday after Japanese and Chinese economic reports painted a mixed picture of the global economy. The modest decline follows Friday's stronger-than-expected U.S. jobs data that boosted the Dow ...