Market News
The Best Defense Stock to Buy for 2016
Forbes - 7 Nov 2015 18:36
Many first-level investors hear “defense stocks” and immediately start worrying about budget cuts.
How Low Copper Goes Would Depend On Chilean Output
Forbes - 8 Nov 2015 01:10
As the dollar spiked following a positive US jobs report, industrial metal futures – in sync with much of the wider commodities complex that uses the greenback as its preferred currency – continued to head lower. Cop...
Never Overpay For An Investment
Forbes - 8 Nov 2015 00:19
What's the "right" amount to pay for an investment? Aren't investments free or nearly so? You might be surprised to learn that what you pay for your investments can vary dramatically, and not always for good reasons. Whi...
4 More Tech Stocks for Solid Dividends
Forbes - 7 Nov 2015 18:18
The most interesting offering from Big Tech actually isn't the latest phone, app, platform, watch or tablet – it's dividends. Tech darlings Microsoft (MSFT), Apple (AAPL), International Business Machines (IBM) and Cisc...
The Week Ahead: Why New Highs Could Send A Warning
Forbes - 7 Nov 2015 17:56
It was a good week for the stock market heading into the monthly jobs report though comments mid-week from Fed Chair Yellen again raised the possibility of a December rate hike. The other economic data for the week was m...
Gold tumbles Rs220 on global cues; silver plunges
livemint.com - 7 Nov 2015 14:42
Gold of 99.9 and 99.5% purity plunged by Rs220 each to Rs26,110 and Rs 25,960 per 10 grams, respectively
Stock Week Ahead: Consumer Data to Test Improved Hiring Picture, Fed Outlook
Forbes - 7 Nov 2015 14:00
The S&P 500 (SPX) logged a sixth straight weekly gain even after a challenging Friday—a streak that most analysts think could have some backbone. Challengers could peck at those gains, however, spurred by uncertainty f...
China Posts Increase in Foreign Currency Reserves As Markets Rebound
IBTimes - 7 Nov 2015 12:45
China's stockpile of foreign exchange grew for the first time in six months, rising to $3.53 trillion at the end of October from $3.51 trillion in September, according to People's Bank of China (PBoC) data released Satur...
Shares guru Jim Slater: eight books that will make you a better investor
Telegraph - 7 Nov 2015 11:03
Whether you are experienced in the workings of the financial markets or have no finance background at all there's a title out there to suit you
Billionaire Ron Baron Thrills Investors With Lady Gaga And Alicia Keys, But Tesla's Elon Musk Gets Biggest Charge
Forbes - 7 Nov 2015 05:05
At Baron Capital's annual investment conference star musicians and comedians were overshadowed by Tesla's Elon Musk.
Apollo's Deal for Control of Schorsch Real-Estate Empire Falls Apart
Wall Street Journal - 7 Nov 2015 03:36
Apollo Global Management's deal to take control of Nicholas Schorsch's real-estate investment business with roughly $19 billion of assets has fallen apart, according to people familiar with the matter.
Berkshire's Profit Surges on Big Investment Gain
Wall Street Journal - 7 Nov 2015 02:02
Berkshire Hathaway's profit more than doubled in the third quarter, bolstered by a $4.4 billion gain it booked in connection with the merger between Heinz and Kraft Foods.