Market News
Regulatory Crackdown Hits China Shares
Wall Street Journal - 20 Jan 2015 06:20
A mountain of debt built up by Chinese investors eager to cash in on the soaring stock market crumbled, sending the stock market down 7.7%, its worst day in six years.
New Activist Hedge Fund Has CEO Backing
Wall Street Journal - 20 Jan 2015 07:25
Two Wall Street deal makers are starting an activist hedge fund with a collaborative approach to management, hoping that financial backing from chief executives as well as their own experience advising boards under fire ...
Tax Treatment Of Forex Losses In Wake Of Swiss Surprise
Forbes - 20 Jan 2015 23:54
If you are one of many who got caught on the wrong side of the forex trade when the Swiss National Bank (SNB) surprised the markets with a huge policy change this week, you probably incurred significant losses. Here’s ...
As China Economy Slows, Producers Take Blame For Plunge In Copper, Iron Ore
IBTimes - 20 Jan 2015 23:31
Global economic developments this week are raising questions about what's driving the steep drop in energy and metals commodities. Economists are blaming the price declines on producers, who they say are causing a global...
Cyclical stocks likely to remain top mutual fund picks
livemint.com - 20 Jan 2015 21:44
Mutual funds expect to benefit from anticipated economic recovery, but cut back holdings in export-oriented sectors
New highs as market looks for business-friendly budget
livemint.com - 20 Jan 2015 21:12
While expectations of higher liquidity as a result of quantitative easing in Europe are driving global markets, the fact that India has outperformed this month suggests domestic factors are at work
Halliburton Q4 Preview: North American Completions and Production Could Drive Earnings
Forbes - 20 Jan 2015 20:44
We do not expect the weakness in the oil markets to have impacted Halliburton's Q4 earnings, since upstream activity typically responds to sharp oil prices declines with a delay, given the contract-driven nature of oilfi...
Verizon Earnings Preview: Postpaid Subscriber Adds, Margins, Churn In Focus
Forbes - 20 Jan 2015 20:38
For the fourth quarter, the company expects postpaid gross adds to grow both sequentially as well as year-over-year. Verizon's postpaid gross adds in Q3 2014 and Q4 2013 were 1.53 million and 1.65 million, respectively. ...
Fox News Returns On Dish Network But The Feud Led To Lower Ratings
Forbes - 20 Jan 2015 20:36
Both the companies reached a new distribution agreement, ending almost a month long black out of the most watched U.S. cable news network. The news network had been unavailable to 14 million Dish subscribers since Decemb...
Wall Street's Week Ahead: Dow Jones Industrial Average Wavers After China's Economy Expands At Its Slowest Pace Since 1990
IBTimes - 20 Jan 2015 20:31
U.S. stocks fell slightly on Tuesday, with the Dow Jones Industrial Average currently down more than 90 points in morning trading after news that China's economy expanded at its slowest pace since 1990. Although China's ...
Mobile Banking Market In Sub-Saharan Africa Could Be Worth $1.3B In Four Years
IBTimes - 20 Jan 2015 20:31
For many mobile phone users, sending and receiving money by phone is a faster way to pay for a morning coffee or shop online, but for millions in sub-Saharan Africa--where many people don't have access to traditional ban...
Vikram Pandit, others invest $75 mn in Bitcoin firm Coinbase
livemint.com - 20 Jan 2015 18:41The Hottest Startups of 2014
Forbes - 20 Jan 2015 18:29
Forbes calculates the fastest-growing startups by valuation.
2015 Global Outlook: Convergent & Uncertain
Forbes - 20 Jan 2015 18:12
Last year was marked by major divergence between the U.S. and the rest of the world, in everything from economic growth to the returns of major stock and bond indexes. In 2015 we will likely see the convergence of perfor...
US stocks fluctuate as energy slump offsets ECB speculation
livemint.com - 20 Jan 2015 17:24
IMF cut its estimate for growth next year to 3.7%, compared with 4% in October.
Three Market Leading Healthcare Picks
Forbes - 20 Jan 2015 17:15
The strong rally late Friday encouraged the stock market bulls as many of the daily technical studies turned higher. The major averages were able to close above their quarterly pivot levels so avoided weekly sell signals...
Rubber prices tumble
livemint.com - 20 Jan 2015 17:14
Demand is slack in India as automobile growth rates have moderated and are likely to swing back only a year from now
Mindtree: is investors' euphoria justified?
livemint.com - 20 Jan 2015 16:53Johnson & Johnson Facing Headwinds From A Stronger Dollar
Forbes - 20 Jan 2015 16:48
For Johnson & Johnson, the stronger dollar has been a drag on the money it's been able to make from international sales.
Bearish India bets jump to 14-month high as stocks reach record
livemint.com - 20 Jan 2015 16:45
The 50-stock Nifty rallied 1.7% to an all- time high of 8,695.60, capping a fourth day of gains
How Wrong Could GDP Forecasts Be?
Forbes - 20 Jan 2015 16:45
Economists missed the Swiss surprise and the oil price drop. Their upward bias could burn you on GDP and stock prices.
Kotak Mahindra Bank's lending business shows improvement
livemint.com - 20 Jan 2015 16:44
Consolidated advances rose 21% from a year ago in the December quarter after a 19% pace in the three months to September