Market News
December quarter not so colourful for paint companies
livemint.com - 17 Feb 2015 16:29
Sluggish discretionary demand and an early festival season dragged down revenue growth for paint makers
Tuesday Sector Laggards: Precious Metals, Transportation Services
Forbes - 17 Feb 2015 18:18
In trading on Tuesday, precious metals shares were relative laggards, down on the day by about 2.2%. Helping drag down the group were shares of Gold Fields (GFI), off about 7% and shares of Harmony Gold Mining Company ...
Expanding residential footprint: Bengaluru
livemint.com - 17 Feb 2015 15:31
Jayanagar is one of the most prominent traditional residential areas in Bengaluru
Greek Exit From the Euro A Step Closer as Funding Talks Collapse
Forbes - 17 Feb 2015 00:55
European Central Bank Decision on Emergency Assistance Looms
Wall Street Banks Could Suffer Under New CFTC Rules For Massive Swaps Market
IBTimes - 17 Feb 2015 23:46
U.S. financial regulators will soon announce rules that could transform the $700 trillion swaps market. The change would likely force major Wall Street banks, currently dominant in the swaps trade, to cede business to in...
Greece Bailout Crisis 2015: 4 Things To Know
IBTimes - 17 Feb 2015 22:38
Europe's Greek drama continues to play out as Greece and eurozone finance ministers attempt to reach agreement over the country's debt program. The negotiations ended in a standoff Monday, and the lack of a consensus mea...
FTSE 100 hits highest level in 15 years
Telegraph - 17 Feb 2015 22:14
Britain's benchmark index now stands just 32 points from its closing record of 6,930.2, which was reached on the final trading day of 1999 at the height of the dotcom bubble
Standard Chartered lags on capital worries
Telegraph - 17 Feb 2015 21:43
The Asia-focused lender was a faller as the FTSE 100 powered to its highest close in 15 years
Tuesday Sector Laggards: Utilities, Services
Forbes - 17 Feb 2015 21:33
In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.4% loss. Within the sector, NRG Energy (NYSE: NRG) and AES (NYSE: AES) are two large stocks that are lagging, showing a loss ...
Earnings of financial services firms more than double in Q3
livemint.com - 17 Feb 2015 21:17
A Mint analysis of eight such firms saw their aggregate net profit jump 147% in the December quarter from a year ago to Rs473.98 crore
Bourses' profits rally on increased market activity
livemint.com - 17 Feb 2015 21:11Repo in the times of low WPI
livemint.com - 17 Feb 2015 20:53Dan Loeb makes another audacious bet on Greece
Telegraph - 17 Feb 2015 20:47
US billionaire, who made a $500m windfall from a bet on Greek bonds in 2012, has taken a 20pc stake in Hellas Direct, despite eurozone fears
Lower Investment Income Pressures AIG's Earnings
Forbes - 17 Feb 2015 20:46
During the quarter, the company recorded a loss on extinguishment of debt of $824 million on an after-tax basis. Reductions in workers' compensation discount as well as adverse prior year reserve development led the comp...
Priceline Might Benefit From Its Strategic Investments In Q4, But Weak Euro Likely To Thwart Growth
Forbes - 17 Feb 2015 20:44
Priceline has guided to a slow to moderate pace of growth in Q4 2014, primarily because of the scenarios affecting its operation in recent times. The threat of Ebola and certain Asian disasters like the fire in Vietnam a...
Federal Regulators Are Seeking To Finalize Clawback Incentive-Pay Rules For Wall Street
IBTimes - 17 Feb 2015 20:42
Federal regulators plan to finalize rules governing employee compensation on Wall Street, potentially concluding one of the most divisive outstanding issues in financial reform. The rules, mandated by the Dodd-Frank Act ...
West Coast Disruptions To Temper Union Pacific's Intermodal Volumes
Forbes - 17 Feb 2015 20:42
Maritime Association, which represents shipping companies, recently shut down operations at 29 U.S. West Coast ports from Thursday through Monday, excluding Friday. Such shutdowns have begun to impact Union Pacific's int...
Tuesday 2/17 Insider Buying Report: ARIA, DAL
Forbes - 17 Feb 2015 20:32
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
Daily Dividend Report: JWN, GPC, IPG, LEA, DSW, ITW, BAX, HAL, SYY, WY, WHR, SWK
Forbes - 17 Feb 2015 19:18
Nordstrom (JWN) approved a quarterly dividend of 37 cents per share, an increase of 12% over the previous quarter's dividend, payable on March 13, 2015 to shareholders of record at the close of business on February 27, 2...
Stocks Still Winning With Greece In Limbo
Forbes - 17 Feb 2015 19:09
February’s first two weeks sure have rewarded patient investors. But an impasse in Greek debt talks may grate on some nerves and once again grab headlines away from domestic issues and earnings results. With Greece in ...
Are Fund Managers Too Optimistic About Europe?
Forbes - 17 Feb 2015 19:02
Following the promise of monetary stimulus from the ECB last month, fund managers are overwhelmingly more bullish on Europe.
Euro recovers, gold falls on hopes of Greek deal
livemint.com - 17 Feb 2015 18:53
Global markets waver but Greek stocks cut their losses, oil falls below $61 barrel as other commodities weigh