Market News
Sensex slips nearly 50 points after Fed meeting sparks fears
livemint.com - 20 Mar 2014 06:14
Fed meeting is likely to squeeze liquidity from US markets that could lead to investors pulling out from emerging markets
China's Highsee Iron And Steel Group Possibly Facing Bankruptcy: Report
IBTimes - 20 Mar 2014 05:21
China's largest private steel maker has failed to repay a 3 billion yuan ($3.75 billion) debt, which means yet another high-profile company in China will likely face bankruptcy.
Nike Brand Apparel Division In Focus
Forbes - 20 Mar 2014 14:39
According to our analysis, the company is expected to record revenues of $27.7 billion in 2013, an ~12% year-on-year increase. Late in 2013, the company's management announced its revenue target for 2017 - it expects to ...
Fed 'Stress Test' Passes 29 of 30 Big Banks
Wall Street Journal - 20 Mar 2014 23:18
The Fed's annual test of big banks' financial health showed the largest U.S. firms are strong enough to withstand a severe economic downturn, potentially clearing the way for banks to reward investors with dividends and ...
Symantec Shares Sink After CEO Is Fired
Forbes - 20 Mar 2014 23:02
Antivirus and security software company Symantec has fired its CEO effective immediately, and as a result of the termination shares of its stock are falling fast in Thursday's after-hours trading session.
Daily Dividend Report: RTN, GES, UDR, SUI
Forbes - 20 Mar 2014 21:16
Raytheon Company's (RTN) increased the company's annual dividend payout rate by 10 percent, from $2.20 to $2.42 per share. The Board also authorized payment of a quarterly cash dividend of $0.605 per outstanding share of...
Thursday's ETF with Unusual Volume: ICLN
Forbes - 20 Mar 2014 21:03
The iShares Global Clean Energy ETF (ICLN) is seeing unusually high volume in afternoon trading Thursday, with over 189,000 shares traded versus three month average volume of about 28,000. Shares of ICLN were trading f...
TEFAF's Annual Report: Who Matters In The Art Market?
Forbes - 20 Mar 2014 20:58
A closer look at TEFAF's latest annual report reveals that it is regular folk who sustain the global art market, not multi-millionaires.
PE deal: CIPEF may buy 15% in Balaji Wafers
livemint.com - 20 Mar 2014 20:57
Stake sale talks are in an advanced stage and the transaction may be closed within a month, says company official
Thursday 3/20 Insider Buying Report: CDR, MEI
Forbes - 20 Mar 2014 20:35
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...
NFO bidding: CPSE ETF gets bids of over `2,400 crore till Day 3
livemint.com - 20 Mar 2014 20:28
Bidding was buoyed by strong demand from retail and institutional investors
House Of Mandela Launches New Collection of Fair Trade Wines
IBTimes - 20 Mar 2014 20:21
When beloved South African icon Nelson Mandela died on Dec. 5 at age 95, he left behind a legacy of leadership, tolerance and social activism. He's remembered in different ways. One of them is wine. His daughter Makaziwe...
Guess's Sales Will Continue To Stumble Amid Sluggish Economic Environment
Forbes - 20 Mar 2014 20:17
Over the past few quarters, the company hasn't done well in any of its main markets and this trend is likely to continue in the fourth quarter as well. In the U.S., a huge decline in foot traffic, weak consumer sentiment...
Sebi to increase fees in fiscal year 2014-2015
livemint.com - 20 Mar 2014 20:02
The market regulator will focus on strengthening investor awareness and enhancing reach among investors through regional and local offices
HP Could Enter 3D Printing Market In June, But Is It Getting In After The Gold Rush?
Forbes - 20 Mar 2014 20:01
A bastion of old-school printing, Hewlett-Packard, has announced its intentions to enter the 3D printing marketplace this year, as early as June. But with 3D printing giants like 3D Systems, ExOne and Stratasys strugglin...
Govt to buy back `5,000 crore of government securities
livemint.com - 20 Mar 2014 19:53
To prematurely redeem government stocks by utilizing surplus cash balances
Stocks Snap Back After Yellen Scare, Banks Push Higher
Forbes - 20 Mar 2014 19:49
Higher interest rates could help for banks' earnings power, to an extent.
Comcast Will Continue To Benefit From U.S. Broadband Growth
Forbes - 20 Mar 2014 19:43
We note that there is enough room left for broadband to penetrate in the U.S. Currently, broadband coverage is around 70%. It is estimated to reach 74% of U.S. households in the next four years and cover more than 90% in...
Qualcomm To See Near-Term LTE Market Share Gains in China But Regulatory Uncertainties Remain
Forbes - 20 Mar 2014 19:41
Qualcomm, which is the industry leader in LTE baseband shipments and has the most mature and widely used portfolio of five-mode chipsets, should benefit from a near-term spurt in baseband demand from China Mobile as loca...
JPMorgan Finalizes Sale Of Physical Commodities Unit For $3.5 Billion
Forbes - 20 Mar 2014 19:40
The bank's quick exit from the physical commodities business comes on the heel of a debate sparked off last year in the Senate of whether banks that accept deposits should be allowed to trade in physical commodities. JPM...
Price-Based Competition In The Grocery Segment Weighs On Kraft
Forbes - 20 Mar 2014 19:39
The company's sales in the grocery segment declined by ~3% y-o-y, as it lost market share amid intense price-based competition from the private label brands. We expect similar market conditions to continue to weigh on it...
Bitcoin May Die But The Technology Could Survive -- Rickards
Forbes - 20 Mar 2014 19:25
(Kitco News) - The future of Bitcoin does not rest with the currency itself but with the network that is being created because of it, said a world-renowned investor and author.