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.
Judge Dismisses Lawsuit Inspired by 'Flash Boys'
Wall Street Journal - 26 Aug 2015 23:59
The city of Providence, R.I., and other investors had sued Barclays over dark pool trading described in the best-selling book.
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.
Long ignored signs point to risks in US economy
livemint.com - 26 Aug 2015 20:51
For more than a year, signs of an impending equity crisis were there for all to see, say financial experts
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...
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...
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...
How It Might Be A Lose-Lose Situation For Volkswagen In China
Forbes - 26 Aug 2015 19:39
When the tide is high, it takes out everything in sight, even the entities that once seemed formidable. Volkswagen AG has for a few years now depended on its sales in China to fuel overall growth. The group is the highes...
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