Market News
Why Didn't Coke Buy All of Monster?
Wall Street Journal - 16 Aug 2014 04:47
Why didn't Coke go all the way? That's the big question everybody is asking about the Atlanta-based soft drink giant's news that it would acquire a 17% stake in Monster Beverage in an asset swap, after years of speculati...
Shake Shack IPO: Burger Chain Preparing Floatation: Scources
IBTimes - 16 Aug 2014 07:31
(Reuters) - Shake Shack, the fast-food restaurant chain famous for its hamburgers and milkshakes, is preparing to go public, seeking to tap stock market demand for popular casual dining companies, according to people fam...
The Week Ahead: Are Wall Street Pros Too Negative?
Forbes - 16 Aug 2014 02:04
As I discussed last Thursday, the AAII ?bullish percentage jumped from 30.89% to 39.81% last week, while the number of bears dropped sharply from 38.23% to 26.96%.? I pointed out that ?the reversal in sentiment is consis...
Gold extends losses on weak global cues; low demand
livemint.com - 16 Aug 2014 11:16
Gold of 99.9 and 99.5% purity fell further by Rs100 each to Rs28,700 and Rs28,500 per ten gram respectively
Rackspace May Have To Get Used To More Modest Trading Multiples
Forbes - 16 Aug 2014 00:17
Rackspace is a viable independent company but at a lower share price than it once had.