Market News
China Shares Headed for Worst Month in Over Two Years
Wall Street Journal - 31 Jul 2015 05:10
China shares were headed for their worst month in over two years on Friday, after confidence in a government-led recovery wavered earlier this week, knocking shares lower.
BOE Appointee Vlieghe to Sell Stake in Brevan Howard
Wall Street Journal - 31 Jul 2015 23:30
The newest appointee to the Bank of England's interest rate-setting panel said Friday that he will sell his stake in hedge fund firm Brevan Howard Asset Management to avoid any impression of a conflict of interest.
Athens Is Lifting Stock-Trading Halt
Wall Street Journal - 31 Jul 2015 23:20
Trading in Greek stocks will resume Monday on the Athex exchange, ending a more than monthlong closure during which the country struggled to avoid an exit from the eurozone.
A 'Therapeutic' Approach to Financial Planning
Wall Street Journal - 31 Jul 2015 22:55
Financial planners are borrowing techniques from psychologists to help clients get in touch with the often messy feelings behind their relationships with money.
U.S. Economy, Corporate Profits And Personal Income Revised Downward
Forbes - 31 Jul 2015 22:08
The U.S. economy is weak, corporate profits are down, growth in personal income is low, and the global economy is slowing. The U.S. is not exactly on a path to economic nirvana. Why? We'll examine these and other issues ...
Oil Prices Fall as U.S. Rig Count Rises
Wall Street Journal - 31 Jul 2015 21:49
Oil prices fell to new multi-month lows Friday as data showed U.S. producers put more drilling rigs to work despite a lingering world-wide glut.
Weekly Market Wrap: July 31, 2015
Forbes - 31 Jul 2015 21:13
The thirtieth full trading week of 2015 comes to a close with the Dow Jones and S&P 500 lower and the NASDAQ composite slightly higher on the day, in mid-afternoon trading on Friday.
Why Larsen and Toubro missed estimates
livemint.com - 31 Jul 2015 20:54
Its June quarter results clearly saw the adverse impact of falling crude oil prices and the glut in global commodity markets along with weak commodity prices on corporate activity
Exxon's M&A Edge Over Chevron Amid Low Oil Prices
Wall Street Journal - 31 Jul 2015 20:40
Big Oil's resiliency is strained amid low oil prices, but Exxon could yet capitalize via acquisitions.
Friday Sector Laggards: Energy, Technology & Communications
Forbes - 31 Jul 2015 20:39
The worst performing sector as of midday Friday is the Energy sector, showing a 1.1% loss. Within that group, Murphy Oil Corp (NYSE: MUR) and Chevron Corporation (NYSE: CVX) are two large stocks that are lagging, showing...
Sebi cautions investors against fraud public offers
livemint.com - 31 Jul 2015 20:36
Since January 2013, Sebi has taken action against 193 entities that made a public offer without complying with the necessary regulatory framework
Have Investors Become Reckless Rock Stars?
Forbes - 31 Jul 2015 20:25
Nothing is more cliché than a reckless, irresponsible rock star. The most recent train wreck involved Wes Scantlin, lead singer of the rock group, ‘Puddle of Mudd’ who became involved in a high speed car chase throu...
Vale Q2 Earnings Review: Lower Iron Ore Prices Negatively Impact Results
Forbes - 31 Jul 2015 19:44
As expected, the sharp decline in iron ore prices over the course of the last year negatively impacted the company's results. However, a boost in quarterly iron ore shipments driven by record Q2 production levels, in add...
Sequels Around Marvel, Lucasfilm & Disney Characters Will Drive Growth In Disney's Studio Business
Forbes - 31 Jul 2015 19:41
We believe that the studio's popular franchises and characters such as Captain America, Avengers, Thor and Frozen, should continue to do well in the coming years. There were no signs of a lull in their recent sequels and...
Deutsche Bank Q2: Strong Investment Banking, Asset Mgmt. Performance Help Overcome Legal Charges
Forbes - 31 Jul 2015 19:39
Deutsche Bank reported better-than-expected results for a second consecutive quarter on Thursday, July 30, thanks to another solid run by the investment banking arm and a record performance by the asset management divisi...
AB InBev Earnings Review: Brewer Shaky Amid Macroeconomic Headwinds In Key Markets
Forbes - 31 Jul 2015 19:38
The gist of the quarterly results was the weaker performance in the top markets. In the U.S., Brazil, and Mexico - three of the four largest markets for AB InBev - the brewer holds 50% or more volume share. It's tough fo...
Facebook Recorded Healthy Growth Across Most Metrics During Q2
Forbes - 31 Jul 2015 19:36
The company's top-line growth is expected to slow in the coming quarters, owing to difficult year-over-year comparisons, currency headwinds, as well as a decline in the PC gaming business. At the same its margins could c...
Amgen to Undergo Experimental Treatment
Wall Street Journal - 31 Jul 2015 19:18
Amgen shareholders should be watching the development of U.S. biosimilars carefully.
Steep Losses Hit Carlyle Commodity Hedge-Fund Firm
Wall Street Journal - 31 Jul 2015 18:56
Private-equity firm Carlyle Group has split with the founders of its Vermillion commodity hedge-fund firm after its flagship fund shrank from $2 billion to less than $50 million in assets.
Govt names Additional Secretary to RBI board in place of Financial Secretary
livemint.com - 31 Jul 2015 18:32Daily Dividend Report: HON, BLK, EMC, LUV, HCN, HCP, STX, AME, ETR, HAS
Forbes - 31 Jul 2015 18:19
Honeywell (HON) has declared a regular quarterly dividend of $0.5175 per share on the company's outstanding common stock. The dividend is payable on September 10, 2015 to shareowners of record at the close of business on...
Pursuing Priceline
Forbes - 31 Jul 2015 18:11
All systems go