Market News
India among the safest emerging stock markets with least trade ties to China
livemint.com - 26 Aug 2015 05:34
While equities from China to Brazil have tumbled since the yuan devaluation, Poland, Morocco and India have been the best performing developing markets
Glut of Chinese Steel Looms Large
Wall Street Journal - 26 Aug 2015 05:22
The world's biggest producers of iron ore have a problem, and it ilies in the steel that has already gone into China's cars, bridges and skyscrapers.
China Remains a Key Commodities Player
Wall Street Journal - 26 Aug 2015 05:09
The fear that China's appetite for commodities is falling is rattling markets, but the country's sheer scale means it will continue to shape the commodities trade.
MannKind And Afrezza: Can The Drug Cure The Company?
Forbes - 26 Aug 2015 22:12
I like the drug Afrezza, I am not a MannKind bull and I don't much like how the company is being run. Maybe that will change when/if Afrezza sales pick up, but predicting that is beyond my area of expertise.
BlackRock To Buy FutureAdvisor, Signaling Robo-Advice Is Here To Stay
Forbes - 26 Aug 2015 22:02
The world's largest investment manager, BlackRock, announced Wednesday that it is acquiring FutureAdvisor, a quiet but innovative player in the burgeoning robo-advice space. The deal is a reminder the BlackRock is comm...
Eight Ways Profitable Traders Save On Taxes
Forbes - 26 Aug 2015 21:52
Traders thrive on market volatility, profiting from rapid changes in prices up or down as they take long and short positions. It’s different for investors: When market indexes drop into correction or bear market mode, ...
Buying iShares China For A Rebound There Overnight
Forbes - 26 Aug 2015 21:39
Buying FXI on a China rally overnight
IndyCar crash victim 'saved six lives'
CNN - 26 Aug 2015 21:15
Tributes have continued to flow for British IndyCar driver Justin Wilson, who died of his injuries Monday.
Funding troubles spook ITNL investors
livemint.com - 26 Aug 2015 20:58
To bring debt under control, ITNL is looking to raise money through stake sales, securitization of the projects and equity issuances
Wednesday Sector Laggards: Utilities, Materials
Forbes - 26 Aug 2015 20:36
The worst performing sector as of midday Wednesday is the Utilities sector, higher by 0.4%. Within the sector, NRG Energy Inc (NYSE: NRG) and Sempra Energy (NYSE: SRE) are two of the day's laggards, showing a loss of 1.1...
Wednesday Sector Leaders: Technology & Communications, Energy
Forbes - 26 Aug 2015 20:36
In afternoon trading on Wednesday, Technology & Communications stocks are the best performing sector, higher by 2.3%. Within that group, NVIDIA Corp (NASD: NVDA) and Avago Technologies Ltd (NASD: AVGO) are two of the day...
Stock Market Downturn Good For Millennials? Risk-Averse Young People May Invest Now, Experts Say
IBTimes - 26 Aug 2015 20:32
Justin Brosseau isn't panicking about the recent stock market roller coaster. He sees it as an investment opportunity -- for himself and for his generation. "When I saw that the market was basically crashing, I knew it w...
IL&FS Financial Services acquires 17.25% stake in Sagar Cement
livemint.com - 26 Aug 2015 19:49
In a filing to the BSE, Sagar Cements said IL&FS Financial Services acquired 30 lakh pledged shares
Best Buy Surprises With Strong Sales Growth And Margin Improvement
Forbes - 26 Aug 2015 19:37
To everybody's surprise, this quarter's performance was in sharp contrast with that of the previous quarter, when sales stayed flat year-over-year and the bottom line fell due to one-time charges. As the company exceeded...
Marijuana Legalization 2015: Is It Time For The Cannabis Industry To Grow Up And Go To College?
IBTimes - 26 Aug 2015 19:36
It's a university far off the radar of the Princeton Review annual college rankings -- yet it boasts more than 25,000 graduates, all lured by the promise of careers in the rapidly-growing cannabis industry. Through sheer...
BlackRock's Plans To Finance Rental-Home Investors Should Help Alternative Investment Arm
Forbes - 26 Aug 2015 19:35
BlackRock appears keen to grab a share of the rapidly growing rental-home financing industry, and will reportedly venture into the industry through several lending partners over the coming months. This move hardly comes ...
Oracle's Cloud Strategy: If You Can't Beat Them, Buy Them
Forbes - 26 Aug 2015 19:33
Global software behemoth Oracle Corp. is continuing its trigger-happy acquisition strategy with the purchase of Maxymiser, a marketing cloud company, for an undisclosed sum. Maxymiser is a leading Cloud software that ena...
High-Frequency Trading: 'Circuit Breaker' Remedy Aimed At Avoiding Flash Crash Debacles Caused Market Mayhem In Sell-Off
IBTimes - 26 Aug 2015 19:25
It was a rare case of the cure being worse than the disease. At least some of Monday morning's extreme market volatility can be traced to recently implemented federal regluations. Investors woke up Monday to see wild pri...
Schlumberger Wants Cameron's Company in Oil Slump
Wall Street Journal - 26 Aug 2015 19:16
Schlumberger's $12.7 billion deal to buy joint-venture partner Cameron is the latest example of oil-field services companies seeking safety in numbers.
Market Bottom Or Not, There Are Compelling Reasons To Invest
Forbes - 26 Aug 2015 19:10
There are still many reasons for investors to remain optimistic and it is important to remember that even during the financial crisis, those who stubbornly held on came away unscathed.
Govt starts search for new Sebi chairman
livemint.com - 26 Aug 2015 19:06
The incumbent chairman U.K. Sinha will finish his five-year term in February 2016
Rupee well placed; one in three chance to fall to 67 per dollar: Crisil
livemint.com - 26 Aug 2015 19:00
The agency's best-case scenario is for the rupee to appreciate from the current levels to around 64 per dollar by March 2016