Market News
IRFC raises $500 million overseas bonds
livemint.com - 20 Feb 2014 17:16
The five-year bond maturing on 26 February 2019 is offering a yield of 3.91% and will be listed in Singapore
What's Up With WhatsApp: Facebook Takes Another Shot At Mobile Messaging Success
IBTimes - 20 Feb 2014 06:16
On Wednesday, Facebook announced that it will purchase mobile-messaging company WhatsApp for $16 billion in stock and cash.
The 10 Names Retail Investors Traded Most In 2013
Forbes - 20 Feb 2014 22:57
Apple was the most actively traded stock every month of 2013.
Tesla's Optimistic Guidance Cheers Market; Stock Up 12%
Forbes - 20 Feb 2014 20:49
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...
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.
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.
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.
VMware's AirWatch Acquisition To Enhance Mobility In End-User Computing
Forbes - 20 Feb 2014 20:51
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...
Did Facebook Pay The Right Price For WhatsApp?
Forbes - 20 Feb 2014 20:47
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...
Ukrainian Chaos Descends On Nation's Bond Market And Currency, Both Reeling After Violent Political Unrest
IBTimes - 20 Feb 2014 20:16
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...
Dollar, US stocks gain; shares elsewhere fall on mixed data
livemint.com - 20 Feb 2014 19:04
Dow Jones rises 0.34%, S&P 500 gains 0.31%, Nasdaq adds 0.29%
Can Gold's Rally Continue?
Forbes - 20 Feb 2014 18:28
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...
US Stock Futures Point To Subdued Opening As Global Economic Data Hint At Renewed Slowdown, Especially In China; Earnings, Data Continue To Remain In Focus
IBTimes - 20 Feb 2014 17:16
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 ...
December quarter performance of exporters, domestic firms shows deep divide
livemint.com - 20 Feb 2014 16:01
Profit of dollar-denominated firms in the Nifty grew much faster than other firms in the index in the December quarter
Oncology, Streamlined R&D Will Help Pfizer Going Forward
Forbes - 20 Feb 2014 15:51
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...
Too many banking apps, too few users
livemint.com - 20 Feb 2014 15:47
Number of smartphone users and ease of use is what will increase the popularity of banking apps
Alcoa's Shutdown Of Australian Smelter Will Reduce Production Capacity And Revenues
Forbes - 20 Feb 2014 15:47
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...
One Minute Guide to closed-end funds
livemint.com - 20 Feb 2014 15:46
By law, all closed-end funds are listed on the stock exchanges
Expanding residential footprint
livemint.com - 20 Feb 2014 15:44
The micro market in and around Panvel comprises of areas such Ulwe, Kamothe, Kalamboli, and so on
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.
Oil India faces royalty risk
livemint.com - 20 Feb 2014 14:45
OIL shares may also be at a similar risk as ONGC shares if other states adopt Gujarat suite over royalty payments
Indian bonds snap three-day gains as hope dims for more OMOs
livemint.com - 20 Feb 2014 14:29
The benchmark 10-year bond yield closed up 2 basis points at 8.79%