Market News
A slight recovery at Titan doesn't justify its rich valuations
livemint.com - 13 Mar 2014 14:49
Titan has had relief rallies in the past year too, but it remains to be seen if there is a genuine recovery at the company
UniCredit Caught on Horns of Dilemma
Wall Street Journal - 13 Mar 2014 22:30
Executives at the Italian bank faced an unpleasant decision about fourth-quarter results: announce a record-breaking loss or run the risk of displeasing investors and Italian regulators.
Barclays (BARC) To Lay Off Thousands In Massive Overhaul Of Giant Investment Bank: Report
IBTimes - 13 Mar 2014 22:21
Barclays PLC (LON:BARC), the world's seventh-largest bank by assets, will lay off thousands of staff as it overhauls the iconic but troubled financial institution, the Financial Times reported Thursday. The London-based ...
All eyes on today's WPI inflation data
livemint.com - 13 Mar 2014 21:31Market report: GKP slumps on estimate cut
Telegraph - 13 Mar 2014 21:24
The oil explorer tumbled as much as 28.8pc amid disappointment with its resources
Cat allergy group raises £200m in float
Telegraph - 13 Mar 2014 21:21
Oxford-based Circassia valued at around £581m after floating at top of price range
PSU ETF to be launched on 18 March
livemint.com - 13 Mar 2014 21:10
Goldman Sachs India AMC will start selling India's first mutual fund scheme aimed at helping the govt divest part of its stake in state-run companies
Gold Takes Cues From Rates, Not Wars
Forbes - 13 Mar 2014 20:45
Ukraine is a sideshow. For now. Real 10-year U.S. bond yields have fallen from 1.5% above inflation when gold bottomed below $1,200 per ounce last New Year's Eve to 1.0% or so today. Making U.S. debt less attractive as a...
Government to buy back bonds worth `15,000 crore
livemint.com - 13 Mar 2014 20:33Daily Dividend Report: CL, TGT, YUM, SWY, BEN
Forbes - 13 Mar 2014 20:18
Colgate-Palmolive (CL) increased the ongoing quarterly common stock cash dividend by 6%. The increase will be effective as of the second quarter, 2014. The new rate of $.36 per share is up from $.34. The Board declared t...
Prettiness of CAD was big trigger for markets: Devika Mehndiratta
livemint.com - 13 Mar 2014 19:54
ANZ senior economist for Asia-Pacific region says India's economy may have put the worst behind it, but will not see a sharp upswing this year
Thursday's ETF with Unusual Volume: XSD
Forbes - 13 Mar 2014 19:50
The SPDR S&P Semiconductor ETF (XSD) is seeing unusually high volume in afternoon trading Thursday, with over 245,000 shares traded versus three month average volume of about 25,000. Shares of XSD were off about 1.9% o...
Thursday 3/13 Insider Buying Report: CHGG, MPLX
Forbes - 13 Mar 2014 19:40
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
Business news and markets: as it happened - March 13, 2014
Telegraph - 13 Mar 2014 19:23
Ireland saw its economy shrink by 0.3pc in 2013, official data showed on Thursday, suprising analysts who expected growth of 0.4pc
Weaker Yuan Hurting Chinese Investors And Copper Prices -- Analysts
Forbes - 13 Mar 2014 19:23
(Kitco News) - Continued weakness and rising volatility in the Chinese yuan is being felt in the copper markets, a trend that some analysts are expecting to continue as investors adjust to higher risks and more open Chin...
'The China Market' Becomes 'The China Global Demographic'
Forbes - 13 Mar 2014 19:15
China is a market. The place where brands and retailers from around the world build stores, work with distributors, engage in e-commerce and advertise, market and sell their products to more than 1 billion people. Mo...
Thursday Sector Laggards: Diagnostics, Shipping Stocks
Forbes - 13 Mar 2014 18:03
In trading on Thursday, diagnostics shares were relative laggards, down on the day by about 1.6%. Helping drag down the group were shares of Provident Service (PRSC), off about 15.8% and shares of Addus Homecare (ADUS)...
Thursday Sector Leaders: Precious Metals, Electric Utilities
Forbes - 13 Mar 2014 18:02
In trading on Thursday, precious metals shares were relative leaders, up on the day by about 1.9%. Leading the group were shares of Sandstorm Gold (SAND), up about 6.5% and shares of Golden Star Resources (GSS) up abou...
Is Your Portfolio Well-Positioned?
Forbes - 13 Mar 2014 17:44
The lack of much economic data so far this week has likely helped to reduce the volatility from last week and there were signs late Wednesday that the selling was starting to dry up. The S&P futures made their lows in th...
Bharti Airtel raises 350 million Swiss francs via six-year bonds
livemint.com - 13 Mar 2014 17:09
The bond, issued at a 3% coupon rate, is rated at "BBB-", on par with India's sovereign rating
EWH, SVXY: Big ETF Outflows
Forbes - 13 Mar 2014 16:55
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Hong Kong ETF (EWH), where 2,325,000 units were destroyed, or a 2.1%...
UWM, TECS: Big ETF Inflows
Forbes - 13 Mar 2014 16:54
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Proshares Ultra Russell2000 (UWM), which added 5,775,000 units, or a 38.3% increase week...