Market News
NRIs planning to return home should build India portfolio
livemint.com - 1 Aug 2013 14:24
NRIs not planning to come back anytime soon should treat India as any other market
Europe Banks Pare Cash Stockpiles
Wall Street Journal - 1 Aug 2013 23:25
The adoption of the new stability measure counterintuitively encourages banks to move out of the ultimate low-risk asset.
Stocks Climb to Records
Wall Street Journal - 1 Aug 2013 23:23
The Dow industrials and S&P 500 reached new heights in the wake of upbeat economic signals from around the globe.
Investment-Grade Firms Storm Back Into Debt Markets
Wall Street Journal - 1 Aug 2013 23:12
Highly rated companies sold more bonds in the U.S. last month than in any other July on record.
Icahn Sues to Bar Delay In Dell Vote
Wall Street Journal - 1 Aug 2013 23:09
Activist investor Carl Icahn has filed a lawsuit against Dell and its board to prevent the computer maker from further delaying a vote or changing the voting rules for a proposed buyout by Dell's founder.
The IPO Class Of 2013
Forbes - 1 Aug 2013 23:09
Facebook defined the IPO Class of 2012 with its huge, controversial offering. After an up-and-down year overall for new offerings, 2013 brings more uncertainty as market weakness in the first half could keep a lid on inv...
New Criticism of Exchanges' Dual Roles
Wall Street Journal - 1 Aug 2013 22:47
Wall Street's main lobbying group urged the U.S's top markets regulator to re-examine the bourses' dual roles as market operators and supervisors.
Tourre Interviews: Case Will 'Stay With Me Forever'
Wall Street Journal - 1 Aug 2013 22:39
"If there was something wrong with this transaction, wouldn't people have told me?," said Tourre in exclusive WSJ interviews conducted before the verdict.
Low Wages Work Against Jobs Optimism
Wall Street Journal - 1 Aug 2013 21:53
Economists expect strong jobs numbers on Friday. Unfortunately, the aggregate wages that go with those jobs leave something to be desired.
Michigan County Pulls Bond Offering
Wall Street Journal - 1 Aug 2013 20:47
Michigan's Genesee County postponed a $53 million municipal-bond offering as investors sought a higher rate, a sign of the impact of neighboring Detroit's bankruptcy filing.
FIIs dump rate-sensitive stocks, rush to export earners
livemint.com - 1 Aug 2013 20:19
FIIs have sold equity worth $2.9 billion in past two months, after pumping in $11.3 billion between Jan and April
EPR Properties's Series F Cumulative Redeemable Preferred Shares Yield Pushes Past 7%
Forbes - 1 Aug 2013 20:13Citigroup Non-Cumulative Preferred Stock, Series AA Crosses Above 7% Yield Territory
Forbes - 1 Aug 2013 20:12Credit Suisse Agrees to Sell Unit
Wall Street Journal - 1 Aug 2013 19:32
Credit Suisse Group reached an agreement to sell its roughly $20 billion private-equity investment business to Grosvenor Capital Management LP in a deal that could be announced later Thursday.
Stocks Raging With Indexes To Significant Highs
Forbes - 1 Aug 2013 19:17Five Stock Shooting Higher
Forbes - 1 Aug 2013 19:13
With stocks raging higher on Thursday, here are five to watch with exceptional momentum.
Central bank pro-growth policies lift shares, oil
livemint.com - 1 Aug 2013 18:05
Europe's apex banks follow Fed in leaving rates unchanged; MSCI's world equity index up 0.9%