Market News
Greece Could Run Out of Cash in Weeks
Wall Street Journal - 7 Feb 2015 07:24
A request by Greece to raise an extra $5 billion in short-term debt was immediately rejected by the European Central Bank. Eurozone finance ministers will meet Wednesday in the hope of moving closer to a deal.
New York Hotel Gets Record Price From Chinese Buyer
Wall Street Journal - 7 Feb 2015 07:21
China's Sunshine Insurance Group has agreed to acquire the Baccarat Hotel in Manhattan for more than $2 million a room, a record valuation.
The hidden risks of adopting a cosy approach to investment
Telegraph - 7 Feb 2015 17:48
The headlines may be full of existential angst about the future of the eurozone, but Germany's DAX index has never been higher and the FTSE 100 is within a whisker of finally smashing through its 15-year-old glass ceilin...
Ireland Repays Significant Part Of IMF Debt 4 Years Early
IBTimes - 7 Feb 2015 13:05
Ireland on Friday repaid a significant part of its debt to the International Monetary Fund (IMF) four years early, with a total of 3.5 billion euros ($3.9 billion), according to media reports. Friday's payment comes shor...
Govt announces capital infusion of Rs6,990 crore in public sector banks
livemint.com - 7 Feb 2015 11:17
Nine public sector banks to get capital infusion; SBI to get Rs2,970 crore in the current fiscal
US oil workers' strike expands to BP plants with talks on hold
livemint.com - 7 Feb 2015 07:47
The nine US plants on strike and the two refineries headed for a walkout together total about 13% of the country's refining capacity
TurboTax Pauses E-Filings on Fraud Concerns
Wall Street Journal - 7 Feb 2015 03:50
The largest online tax-software company in the U.S. temporarily halted electronic filing of all state returns after more than a dozen states spotted criminal attempts to obtain refunds through its systems.
Oil Companies in the Cross Hairs in Libya
Wall Street Journal - 7 Feb 2015 03:01
Unrest in the North African country has increasingly targeted oil companies and their assets, upending long-term investments by Western companies and driving down production.
Dow Jones Industrial Average Drops After S&P Downgrades Greece, But Closes Out Best Week Since January 2013
IBTimes - 7 Feb 2015 01:03
U.S. stocks closed lower Friday, with the Dow briefly dropping more than 100 points during the last hour of trading after Standard & Poor's downgraded Greece's credit rating with a negative outlook, reigniting concerns a...
GE A Holding Of Latest 13F Filers
Forbes - 7 Feb 2015 00:11
At Holdings Channel, we have reviewed the latest batch of the 47 most recent 13F filings for the 12/31/2014 reporting period, and noticed that General Electric Co (NYSE: GE) was held by 26 of these funds. When hedge fund...