Market News
Buffett's Berkshire Joins Cable Frenzy
Wall Street Journal - 15 Feb 2014 06:43
Warren Buffett's Berkshire Hathaway joined the investment frenzy around cable companies, disclosing that it scooped up shares in John Malone's international holding company Liberty Global in the fourth quarter.
Will Oxy Strand a Top Trader?
Wall Street Journal - 15 Feb 2014 03:45
Occidental Petroleum is re-evaluating its four-year relationship with top oil trader Andy Hall after deciding to pull back from placing bets on the direction of crude and other commodity prices.
Hedge Funds Invest Heavily In EBay, Facebook And Others
IBTimes - 15 Feb 2014 21:31
Ebay, the e-commerce consumer-to-consumer marketplace, became a favorite of investors recently, in advance of activist-investor Carl Icahn's urgings to sell off its PayPal subsidiary. According to a CNBC report, leading ...
SBI cuts deposit rates in select tenures
livemint.com - 15 Feb 2014 12:21
Deposits more than Rs1 crore in the 61 days to less than one year tenure will yield 7% interest from Tuesday down from 7.75% earlier
Buffett's Berkshire dumps stake in Dish, Glaxo
livemint.com - 15 Feb 2014 07:52Want Some Mafia With Your Pizza? How The Mob Is Taking Over Rome's Restaurants
IBTimes - 15 Feb 2014 04:31
ROME -- Pizza Ciro, a picturesque restaurant in the heart of Italy's capital, still displays the colorful tiles and fake ancient paintings of Neapolitan landscapes it was known for in its heyday. Nestled between the Span...
Gold and Silver Fever Returns
Wall Street Journal - 15 Feb 2014 01:54
Gold and silver prices climbed to their highest levels in three months, as U.S. economic worries continued to weigh on the dollar and boosted prices for precious metals.
Jos. A. Bank to Acquire Eddie Bauer for $825 Million
Wall Street Journal - 15 Feb 2014 01:40
Jos. A. Bank agreed to acquire retailer Eddie Bauer for $825 million, the latest development in its continuing takeover battle with Men's Wearhouse.
Tom Perkins: The Rich Deserve More Votes Than The Poor
IBTimes - 15 Feb 2014 00:31
Should the rich get more votes than the poor? It sounds ridiculous, but according to venture capitalist and founder of Kleiner Perkins Caufield & Byers Tom Perkins, the wealthy should have more votes than everyone else. ...
Commodities Fare Best So Far This Year In Otherwise Sluggish Market: Deutsche Bank
IBTimes - 15 Feb 2014 00:31
Unpopular natural resources have made a comeback in early 2014, beating out other asset classes, said Deutsche Bank AG (FRA:DBK) in a Friday note. "The majority of commodity indices are now posting positive returns since...