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Market News

Location American Market News for 8 February 2015
Alternative investment funds industry doubles in size in a year AIFs report fastest growth among traditional investment vehicles such as mutual funds and market-linked insurance products
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The President's Impact

Forbes - 8 Feb 2015 17:30
Nearly all of us want to make a positive impact. We hope to make a meaningful difference in the lives of others and leave the world a better place because we were in it.
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A big boost in debt in the crude-oil industry may be a more important factor than supply-and-demand issues are in the collapse of the commodity's pricing during the past eight months, the Bank for International Settlemen...
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Are your grievances being heard?

livemint.com - 8 Feb 2015 16:54
Are your grievances being heard? There is no single authority to address all complaints regarding financial products and services
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Diversified funds can shuffle positions across sectors They are best placed to anticipate changes and shuffle positions across sectors that hold potential
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Product crack: LIC Nomura MF Mid Cap Fund

livemint.com - 8 Feb 2015 16:53
Product crack: LIC Nomura MF Mid Cap Fund It will invest in medium-sized companies and its benchmark index is the CNX Midcap
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'Wish I'd known' lessons from finance gurus

livemint.com - 8 Feb 2015 16:53
'Wish I'd known' lessons from finance gurus Starting early is the easiest and smartest financial lesson. Even leaders of the industry agree
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(Reuters) - The oil price crash has meant slashed budgets, staff layoffs and mothballed projects for big producers, but oil traders will celebrate their best market for years this week. As hundreds of dealers flock to Lo...
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(Reuters) - The winning numbers for one of the richest Powerball jackpots ever offered were drawn late on Saturday for a cash prize that soared to $394 million after the previous drawing failed to produce a winner. The w...
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(Reuters) - New Greek Prime Minister Alexis Tsipras will lay out his radical left-wing government's policies in a speech later on Sunday, firmly rejecting any more austerity forced on his debt-strapped country by its eur...
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Apollo Tyres' performance skids on weak sales

livemint.com - 8 Feb 2015 15:40
Apollo Tyres' performance skids on weak sales Consolidated net revenue dropped 10% to `3,104.8 crore, skidding 12% below Bloomberg's consensus estimates
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Bleak hopes of recovery at European operations weigh on Crompton Greaves Consolidated net sales declined 1.7% to `3,333 crore from a year ago, clocking the largest drop in around two years.
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Black money in stock markets: Sebi to suspend shell companies Sebi has decided to suspend trading in listed companies that are found to be used by entities for evading taxes and laundering black money
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Regulators need to be careful of unintended consequences Tokio Marine's Tsuyoshi Nagano speaks about how the company views the Indian insurance market
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John Whitehead, Former Goldman Chairman, Dies

Wall Street Journal - 8 Feb 2015 02:00
John Whitehead, a Wall Street stalwart who would help define Goldman Sachs Group's culture and usher in the firm's modern era, died Saturday at his home. He was 92 years old.
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Greece Could Run Out of Cash in Weeks

Wall Street Journal - 8 Feb 2015 00:30
A request by Greece to raise an extra $5 billion in short-term debt was immediately rejected by the European Central Bank.
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