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Market News

Location American Market News for 20 February 2014

IRFC raises $500 million overseas bonds

livemint.com - 20 Feb 2014 17:16
IRFC raises $500 million overseas bonds The five-year bond maturing on 26 February 2019 is offering a yield of 3.91% and will be listed in Singapore
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On Wednesday, Facebook announced that it will purchase mobile-messaging company WhatsApp for $16 billion in stock and cash.
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The 10 Names Retail Investors Traded Most In 2013 Apple was the most actively traded stock every month of 2013.
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Tesla, which currently produces 600 cars a week, plans to raise its production to 1,000 cars a week by the end of the year. Investors were also anticipating updates related to Model X. However, the delivery of Model X ha...
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ETFs Gain Ground on Index Mutual Funds

Wall Street Journal - 20 Feb 2014 19:19
Innovations in passive investing are helping ETF assets catch up with index mutual funds. But that doesn't mean index mutual funds are losing favor with financial advisers.
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KKR Looks to Fill India's Credit Needs

Wall Street Journal - 20 Feb 2014 19:16
With India's economy downshifting and credit hard to come by as the country's big banks struggle with bad loans, companies are scrambling for funding. For KKR, that means opportunity.
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Natural Gas Drops After Storage Report

Wall Street Journal - 20 Feb 2014 23:26
Natural-gas futures retreated from five-year highs Thursday after government data showed that storage levels were slightly higher than expected last week.
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The acquisition positions VMware strongly in the mobile-cloud computing space, as AirWatch is one of the market leaders in the domain. The main advantage that VMware now has over competitors in the MDM market is its abil...
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These statistics are jaw dropping, and at some level may even appear to justify Facebook's proposal. However, stacking valuation per user in tandem with revenue per user for WhatsApp against that for Facebook and Twitter...
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The violent political uprising in Ukraine is hurting the country's bond market and currency, as doubts flood the region about whether Russia will continue to provide financing to its former satellite state. Dozens of Ukr...
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Dollar, US stocks gain; shares elsewhere fall on mixed data Dow Jones rises 0.34%, S&P 500 gains 0.31%, Nasdaq adds 0.29%
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Can Gold's Rally Continue?

Forbes - 20 Feb 2014 18:28
Can Gold's Rally Continue? Stocks are trading lower overnight as another weak report on China's manufacturing is again making the markets nervous. The Asian markets were hit hard with Japan's Nikkei 225 down over 2%. So far, the losses in Europe a...
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Stock futures suggested the continuation of a weak performance for stocks, and a downbeat mood among investors worried about fresh fears of a slowdown in the world economy, especially in China's manufacturing sector. On ...
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December quarter performance of exporters, domestic firms shows deep divide Profit of dollar-denominated firms in the Nifty grew much faster than other firms in the index in the December quarter
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We believe that most of the revenue growth will be driven by the expected ramp-up in the company's oncology drug sales. This will be complemented by a slight moderation in R&D (research and development) expenses, unlocki...
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Too many banking apps, too few users

livemint.com - 20 Feb 2014 15:47
Too many banking apps, too few users Number of smartphone users and ease of use is what will increase the popularity of banking apps
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The shutdown will also help Alcoa reach its stated goal of lowering its position on the global aluminum cost curve to the 38th percentile by 2016. While there will be an impact on the company's sales figures, the net pro...
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One Minute Guide to closed-end funds

livemint.com - 20 Feb 2014 15:46
One Minute Guide to closed-end funds By law, all closed-end funds are listed on the stock exchanges
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Expanding residential footprint

livemint.com - 20 Feb 2014 15:44
Expanding residential footprint The micro market in and around Panvel comprises of areas such Ulwe, Kamothe, Kalamboli, and so on
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F1 chief backs Putin on gay rights

CNN - 20 Feb 2014 15:37
Vilified by the the international community for his government's attitude on gay rights, Russian president Vladimir Putin has found himself an ally in Formula One supremo Bernie Ecclestone.
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Oil India faces royalty risk

livemint.com - 20 Feb 2014 14:45
Oil India faces royalty risk OIL shares may also be at a similar risk as ONGC shares if other states adopt Gujarat suite over royalty payments
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Indian bonds snap three-day gains as hope dims for more OMOs The benchmark 10-year bond yield closed up 2 basis points at 8.79%
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