Market News
New Jersey May Invest Pension Money In Fund With Ties To GOP Donors
IBTimes - 17 Sep 2014 06:31
TRENTON - New Jersey investment officials are already in the spotlight over ethics questions about the possible role of political influence in the awarding of pension investment contracts. Yet New Jersey's Division of In...
Endo Offers To Buy Auxilium Pharma For About $2.2 Billion
IBTimes - 17 Sep 2014 06:31
(Reuters) - Specialty health care company Endo International Plc (ENDP.O) (ENL.TO) offered to buy Auxilium Pharmaceuticals Inc (AUXL.O) for about $2.2 billion in cash and stock to expand its men's health care products bu...
A 1980s Corporate Raider Holds Off the SEC
Wall Street Journal - 17 Sep 2014 05:35
Paul Bilzerian, convicted of fraud in 1989 for his corporate takeover attempts, has used a network of trusts and partnerships to frustrate securities regulators' attempts to collect a $62 million civil judgment for illic...
Opening Bell 17 September | Stimulus from Chinese central bank sparks rally in markets
livemint.com - 17 Sep 2014 04:41
People's Bank of China has stepped up liquidity measures to top banks which has pushed down lending rates
GM, Apple And eBay Top The S&P 100 -- With Their U.S. Tax Rates
Forbes - 17 Sep 2014 23:35
While the companies seeking tax relief through inversions include the likes of Burger King, Walgreen and Mylan, a new analysis of S&P 100 companies and their tax rates reveals that when it comes to being tax burdened at ...
The S&P 100's Tax Winners And Losers
Forbes - 17 Sep 2014 23:35
A look at the S&P companies that are hit the hardest by Uncle Sam -- and also the ones that have so many tax advantages that Uncle Sam owes them!
Alibaba IPO: 5 Reasons Why China's E-Commerce Giant Is Going Public
IBTimes - 17 Sep 2014 23:31
Until this week, few Americans -- outside of tech and investment circles -- were overly familiar with Alibaba. But the Chinese company is fast becoming a household name as it prepares to launch an initial public offering...
Scotland Referendum 2014: Global Markets Relatively Calm, Expect A No Vote
IBTimes - 17 Sep 2014 23:31
Hours away from Scotland's referendum vote on splitting from the U.K., the latest polls suggest that the No contingent could prevail. Bookmakers also say a No majority vote is the odds-on favorite. And markets, which had...
12 Gurus All Hold CBS Corp
Forbes - 17 Sep 2014 23:20
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,746 13F filings for the 06/30/2014 reporting period, and noticed that CBS Corp (NYSE: CBS) was he...
Even With All The Hype, Alibaba Is The Real Deal
Forbes - 17 Sep 2014 22:03
In this report I give you my outlook and recommendation for approaching the Alibaba IPO.
Alibaba And The Long-Run Performance Of Large Company IPOs
Forbes - 17 Sep 2014 21:49
In May, I posted a column after Alibaba Group Holdings Ltd. filed to go public in the United States showing that Chinese companies going public in the U.S. have historically been lousy long-run investments. I reported th...
FMC allows MCX to launch contracts subject to conditions
livemint.com - 17 Sep 2014 21:34
New technology agreement to be signed between MCX, FTIL
Wednesday Sector Laggards: Utilities, Energy
Forbes - 17 Sep 2014 20:40
In afternoon trading on Wednesday, Utilities stocks are the worst performing sector, showing a 0.4% loss. Within that group, Southern Company (NYSE: SO) and AES (NYSE: AES) are two large stocks that are lagging, showing ...
Endo Offers To Buy Auxilium Pharma For About $2.2B
IBTimes - 17 Sep 2014 20:31
(Reuters) - Specialty health care company Endo International PLC (ENDP.O) (ENL.TO) offered to buy Auxilium Pharmaceuticals Inc. (AUXL.O) for about $2.2 billion in cash and stock to expand its men's health care products b...
Alibaba IPO: How Alibaba's Yuebao Fund Triggers Shadow Banking Concern
IBTimes - 17 Sep 2014 20:31
In the years since Alibaba emerged as one of China's marquee tech companies, Westerners have most often likened it to Amazon or eBay. But while the Hangzhou-based company, which goes public in the U.S. on Thursday, contr...
Fed Continues To View 2015 For Rate Rise
Wall Street Journal - 17 Sep 2014 20:15
Most Federal Reserve officials continue to expect the central bank to first increase interest rates some time next year, according to official projections released Wednesday.
Live: Federal Reserve Decision
Wall Street Journal - 17 Sep 2014 20:13
The Federal Reserve concludes its policy meeting with a statement, new economic projections and Chairwoman Janet Yellen's press conference. Our live blog will analyze how close the Fed is to exiting its easy-money policy...
U.S. Stocks Slip After Fed
Wall Street Journal - 17 Sep 2014 20:09
U.S. stocks fell immediately after the Federal Reserve released an update on monetary policy.
High-Speed Trader to Pay $16 Million Penalty
Wall Street Journal - 17 Sep 2014 20:05
New York-based high-frequency trading firm Latour Trading agreed to pay a $16 million penalty to settle Securities and Exchange Commission charges.
Trian Wants a DuPont Breakup
Wall Street Journal - 17 Sep 2014 19:53
An activist investor with a successful track record launched a campaign to force DuPont to break itself up after the chemical giant rebuffed repeated private calls for change.
Electronic Arts: High Hopes From Sports Titles To Drive Revenues
Forbes - 17 Sep 2014 19:48
Sports game lovers gear up for yet another sports season as Electronic Arts released its much awaited annual edition ? Madden NFL 15- on August 26 in North America and three days later in Europe. Based on National Footba...
Adobe Earnings: Revenue Growth Disappoints Markets
Forbes - 17 Sep 2014 19:45
The company said that revenue from creative division suffered as the company phased out sale of sales of the perpetual Creative Suite 6 license in Q2. Adobe continued to witness significant growth in its marketing cloud ...