Market News
IBM Earnings Preview: Revenues To Decline As Business Environment Remains Challenging
Forbes - 16 Apr 2015 19:40
Considering the challenging business environment, we expect that revenues across different divisions will continue to decline in Q1. However, we are closely monitoring the new signings in the services business as this wi...
The changing face of Zuari Agro Chemicals
livemint.com - 16 Apr 2015 14:50Even the Tax Man Has a Taxing Time
Wall Street Journal - 16 Apr 2015 03:30
Joe Garrett's personal and professional lives converged last month when the Alabama state tax official discovered he had become one of the millions of victims of tax identity theft.
Sales and pricing power deteriorating in tandem
livemint.com - 16 Apr 2015 21:28
When demand is weak and there is ample spare capacity, falling inflation can erode pricing power
Foreign portfolio investors cut stake in 21 banks in Q4
livemint.com - 16 Apr 2015 20:59Thursday Sector Laggards: Utilities, Technology & Communications
Forbes - 16 Apr 2015 20:33
In afternoon trading on Thursday, Utilities stocks are the worst performing sector, showing a 0.5% loss. Within that group, CenterPoint Energy, Inc (NYSE: CNP) and AGL Resources Inc. (NYSE: GAS) are two large stocks that...
Thursday Sector Leaders: Financial, Consumer Products
Forbes - 16 Apr 2015 20:32
The best performing sector as of midday Thursday is the Financial sector, up 0.4%. Within that group, UnitedHealth Group Inc (NYSE: UNH) and Aetna Inc. (NYSE: AET) are two large stocks leading the way, showing a gain of ...
Netflix: The Dangers of Fundamental Investing
Forbes - 16 Apr 2015 19:57
The much dreaded earnings season is getting off to a better start than most were expecting. Of course, there have been some stocks that have disappointed as the Bank of America (BAC) missed on revenues and the stock drop...
Seagate Earnings Preview: Weak Consumer Electronics Business May Offset Growth In Enterprise Storage
Forbes - 16 Apr 2015 19:44
In the most recent quarter, Seagate witnessed strong growth in shipments for storage units in notebook and enterprise drives, which were both up 17% and 24% over the prior year quarter, respectively. The company expects ...
JPMorgan Posts Strong Q1 Results On The Back Of Debt Trading Gains
Forbes - 16 Apr 2015 19:38
The highlight of JPMorgan's results was the strong revenues churned out by its FICC (fixed income, currencies and commodities) trading desk. While the cyclical investment banking business normally generates maximum cash ...
Nokia's $16.6 Billion Acquisition Of Alcatel-Lucent Explained
Forbes - 16 Apr 2015 19:36
In addition to positioning it as a top player in the telecom gear market, the deal will help Nokia expand its product portfolio in the domains of optical transmission and Internet Protocol (routers and switches), which a...
GE Earnings Preview: Oil & Gas Expected to Remain Slow, Other Segments to Push Overall Growth
Forbes - 16 Apr 2015 19:34
In Q1 2015, we expect GE's aviation, healthcare and transportation businesses to drive growth in its results. We believe that this growth will be partially offset by the oil and gas segment's continually falling orders. ...
NCDEX plans to set up exchange in GIFT City
livemint.com - 16 Apr 2015 19:09
An agreement was signed between GIFT SEZ and NCDEX on Thursday at Gandhinagar, according to a joint media statement
US, European stocks fall as Greek crisis lifts bonds
livemint.com - 16 Apr 2015 18:16
Euro zone yields at new lows, German 10-year nears zero; oil touches 2015 high
Drop in growth momentum at TCS is worrying
livemint.com - 16 Apr 2015 17:58
TCS's revenue growth has fallen considerably short of the Street's already toned down expectations
The Greater Fool Theory Meets Mr. Market
Forbes - 16 Apr 2015 17:48
We have the makings of a perfect storm.
IPO Update: Etsy Inc (ETSY), Party City Holdco Inc (PRTY), Virtu Financial Inc (VIRT)
IBTimes - 16 Apr 2015 17:43
Etsy Inc. (NASDAQ:ETSY) soared more than 120 percent in its first hours of trading Thursday, as the Brooklyn, New York, e-commerce platform for handmade and vintage goods made its stock market debut. Its initial public o...
Take small steps towards small stocks
livemint.com - 16 Apr 2015 16:20
Good small-cap stocks are difficult to identify and track, and suffer from higher volatility
This Overlooked, Undervalued Territory Is In A Stealth Bull Market, Says Jefferies
Forbes - 16 Apr 2015 16:01
Jefferies -- which hailed as Business Insider's No. 1 stock picker on Wall Street in 2012 -- is bullish on investing in Taiwan's stock market. Companies in Taiwan ETFs are trading at cheap valuations compared to foreign ...
UnitedHealth Boosts Full-Year Outlook After Strong Q1 Results
Forbes - 16 Apr 2015 15:55
Citing broad growth across its business units, UnitedHealth Group reported higher-than-expected first quarter earnings and revenue Thursday morning, and also announced that it is raising its full-year guidance. As a resu...
IndusInd Bank surprises on asset quality
livemint.com - 16 Apr 2015 15:51
The increase in slippages was outpaced by recoveries, upgrades and write-offs, and thus had an effect of actually improving the bank's asset quality
High Prices Keep Buyout Deals In Check Despite Plentiful Capital
Forbes - 16 Apr 2015 15:49
Private equity (PE) buyout activity has been remarkably flat since the latest expansion cycle kicked into gear back in 2010, a trend that shows little sign of changing. Unlike in past cycles, when deal making steadily ga...