Market News
Michael Dell's Next Public Battle Could Be A Takeover Of EMC
Forbes - 8 Oct 2015 18:57
Privately held PC and software giant Dell is considering a takeover of data storage specialist EMC, in a deal would combine two tech sector stalwarts responding to industry shifts towards cloud computing and mobile devic...
Alibaba Letter Seeks to Soothe Shareholders
Wall Street Journal - 8 Oct 2015 13:00
Alibaba Group is mounting a new campaign to reassure shareholders of its growth prospects after investors dumped its shares over slowing revenue growth, China's economic woes and other issues.
Harvard, Goldman Sachs, Venture Capital...Fugitive
Wall Street Journal - 8 Oct 2015 05:25
On the surface, Iftikar Ahmed appeared to be an immigrant success story. But prosecutors and regulators allege that he stole $65 million through a series of frauds over a decade.
Wells Fargo Investigated over Student Loans
Wall Street Journal - 9 Oct 2015 00:26
The Consumer Financial Protection Bureau is investigating Wells Fargo over its student loan servicing practices, according to people familiar with the matter.
Netflix's Price Increase: Gambling on Subscribers
Wall Street Journal - 9 Oct 2015 00:10
Netflix's price increase could be a sign of confidence. It could also expose the service's vulnerability to new competition.
Deutsche Bank Lesson: Time for Banks to Go Goodwill Hunting
Wall Street Journal - 8 Oct 2015 23:52
More banks need to follow the lead of Deutsche Bank and UBS in recognizing the cost of their old deal-making ways.
Fed's Rate Delay Spurred by Worry Over Low Inflation
Wall Street Journal - 8 Oct 2015 23:45
Federal Reserve officials held off on raising short-term rates at their September meeting because of worries about when inflation would rise to 2% after running below that target for more than three years.
India ideal candidate to gain importance in global trade network: Satvinder Singh
livemint.com - 8 Oct 2015 23:40
Deutsche Bank's Singh says India needs significant improvements to overcome challenges posed by creaky infra and logistics, and realize its potential as a trade and economic powerhouse
U.S. Oil Prices Briefly Top $50
Wall Street Journal - 8 Oct 2015 23:36
U.S. oil futures rose Thursday, briefly topping $50 a barrel for the first time since July, as traders looked past immediate high supplies and focused on expectations of shrinking U.S. production.
Five Gems Hidden Inside Silicon Valley Tech Giants Investors Should Know More About
Forbes - 8 Oct 2015 23:09
Here's a list of the five major businesses hidden inside Silicon Valley tech firms that should be better disclosed to investors.
Online Lenders vs. Banks: Who Gets Disrupted?
Wall Street Journal - 8 Oct 2015 23:04
Marketplace lenders like Lending Club and On Deck are growing fast--and expensively.
Socially Responsible Investing For Millennials: How To Pick Retirement Funds That Match Your Values
IBTimes - 8 Oct 2015 23:02
When the global financial crisis struck in 2008, Dustyn Lanz was in his mid-20s. It was sobering, the Toronto native says, to watch capital markets inflict so much damage on national economies and cost millions of people...
Steven Romick of First Pacific Advisors Buys 3 New Stocks in Q3
Forbes - 8 Oct 2015 22:43
Steven Romick (Trades, Portfolio), president of the $19.6 billion FPA Crescent Fund (FPACX), bought three new stocks in the third quarter, he disclosed Thursday. The value-minded investor had more than 40% of his portf...
Thursday Sector Laggards: Healthcare, Financial
Forbes - 8 Oct 2015 22:38
Looking at the sectors faring worst as of midday Thursday, shares of Healthcare companies are underperforming other sectors, showing a 0.3% loss. Within that group, Tenet Healthcare Corp. (NYSE: THC) and Universal Health...
What's Wrong With European Banks? Deutsche Bank, Credit Suisse Continue On Bumpy Road
IBTimes - 8 Oct 2015 22:35
A one-two punch from the European banking sector hit investors Wednesday and Thursday as Deutsche Bank announced a massive third-quarter net loss of 6.2 billion euros ($7 billion). Meanwhile, it was reported that Credit ...
Deutsche Bank: Tip of the Iceberg for Cutbacks at European Banks?
Wall Street Journal - 8 Oct 2015 22:28
Deutsche Bank's warning that it expects a big third-quarter loss highlights a potentially bumpy financial-reporting season looming for European banks, as a slate of new chief executives address concerns over profitabilit...
FIIs continue to cut holdings in public sector banks
livemint.com - 8 Oct 2015 22:27
Barring the occasional spike, holdings in 10 banks analysed have mostly been on the decline since Q1 FY15
Daily Dividend Report: F, CSX, LEN, DPZ, MMS, EME, TAHO
Forbes - 8 Oct 2015 22:19
Ford Motor Company declared a fourth quarter dividend of $0.15 per share on the company's outstanding Class B and common stock. The fourth quarter dividend is payable on Dec. 1, 2015 to shareholders of record at the clos...
US Fed minutes: Global worries prevented rate hike in September
livemint.com - 8 Oct 2015 22:17Thursday's ETF Movers: XOP, XBI
Forbes - 8 Oct 2015 22:13
In trading on Thursday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Sanchez Energy...
Thursday Sector Laggards: Drugs, Hospital & Medical Practitioners
Forbes - 8 Oct 2015 22:12
In trading on Thursday, drugs shares were relative laggards, down on the day by about 2.1%. Helping drag down the group were shares of Ultragenyx Pharmaceutical (RARE), down about 10.7% and shares of Aerie Pharmaceutical...
Thursday Sector Leaders: Publishing, Oil & Gas Exploration & Production Stocks
Forbes - 8 Oct 2015 22:10
In trading on Thursday, publishing shares were relative leaders, up on the day by about 2.9%. Leading the group were shares of Journal Media Group (JMG), up about 43.7% and shares of AH Belo Corporation (AHC) up about 14...