Market News
The Smart Way for an Executive to Exit
Wall Street Journal - 8 Aug 2015 04:45
Merger and acquisition activity is booming, and some executives may soon find themselves unemployed. Here are ways for high earners to maximize certain work-related benefits and avoid costly errors.
EPFO money in equities is long-term investment: Bandaru Dattatreya
livemint.com - 8 Aug 2015 19:39
EPFO will invest `5,000-6,000 cr in equities by the end of current fiscal year and further flow will depend on market returns
Berkshire Hathaway Nears Deal to Buy Precision Castparts
Wall Street Journal - 8 Aug 2015 19:26
Warren Buffett's Berkshire Hathaway is nearing a deal to buy Precision Castparts, in an acquisition that could be valued at more than $30 billion and rank as the storied conglomerate's largest ever.
The Week Ahead: Best Global Investment Bets
Forbes - 8 Aug 2015 14:45
The sharply higher opening last Wednesday spooked those who were short the market and encouraged the bulls to buy more especially in the market leading Nasdaq 100. The euphoria was short lived as the market dropped sharp...
Gold, silver extend gains on global cues, sustained buying
livemint.com - 8 Aug 2015 12:53
Gold of 99.9 and 99.5% purity inched up by Rs5 each to Rs25,175 and Rs25,025 per ten grams, respectively
Four Men, One Food Odyssey
Wall Street Journal - 8 Aug 2015 05:30
William Ackman's foray into Mondelez is just one step in what has been years of interest in food companies by some of the world's best-known investors.
Berkshire Hathaway's Profit Drops 37%
Wall Street Journal - 8 Aug 2015 00:59
Warren Buffett-led Berkshire Hathaway's second-quarter profit slumped 37% due to a decline in investment gains and an underwriting loss attributable to higher claims costs at Geico.
Argentine Tango With Creditors Takes a Twirl
Wall Street Journal - 8 Aug 2015 00:52
Argentine officials are hinting at a thaw in a long-running standoff with hedge-fund creditors, boosting investors' interest in the struggling South American nation ahead of a New York court date Wednesday.
Rule Would Impel Big Funds to Strengthen Controls
Wall Street Journal - 8 Aug 2015 00:40
The Treasury will soon propose rules that would force some hedge funds and other big money managers to adopt money-laundering controls.