Market News

American Apparel Inc. (NYSEMKT:APP) adopted a poison-pill strategy Saturday to prevent former CEO Dov Charney from seizing control of the company.

Pressure appears to be building within the Republican Party to reauthorize the Export-Import Bank rather than letting it expire Sept. 30, The Hill reported. Reps. John Campbell (R-Calif.) and Stephen Fincher (R-Tenn.) ar...

The Bank for International Settlements in Basel, Switzerland, Sunday warned investors are driving up the prices of stocks and other assets to dangerous levels in their quest for earning better returns than interest rates...

Below is the June 29th "Thoughts from the Frontline" newsletter, republished in full.  

Omaxe to dilute promoters' stake by 8-10% depending on the market conditions

Note that the proportion of FII holdings is currently much higher than what it was even at the height of the bull run in 2006 and 2007

That the firm beat revenue and bookings estimates indicates signals about the demand environment are positive

The street has recognized Ashok Leyland's efforts to improve operating performance and cash flows, but the equity dilution has been a dampener

The launch of Diovan may give confidence to investors that Ranbaxy can make good its commitment of exploiting its US first-to-file pipeline