Market News
Asian Shares Mostly Higher
Wall Street Journal - 23 Nov 2015 07:08
Australian shares are nearing their highest level since late October on Monday, though falling commodities prices muted gains triggered by stimulus hopes in Europe.
Why the government's gold scheme did not work
livemint.com - 24 Nov 2015 01:00Tilton Seeks Bankruptcy Protection for Fund
Wall Street Journal - 23 Nov 2015 07:10
Lynn Tilton's Patriarch Partners filed involuntary chapter 11 bankruptcy petitions against Zohar-I, a part of her investment operation that has been caught up in a fight with bond insurer MBIA Inc.
VIDEO: Cash Is King For American Holiday Shoppers
IBTimes - 24 Nov 2015 01:53
Seven in 10 American shoppers are using either cash or a debit card to pay for most of their holiday shopping this year. According to a survey of 1,000 shoppers by Bankrate.com, 39 percent of Americans plan to buy gifts ...
Fund's Successful Bet on AIG Triggers a Big Tax Bill for Investors
Wall Street Journal - 24 Nov 2015 01:47
The $4.8 billion Fairholme Fund expects to pay out between $11 and $11.75 a share in capital gains.
Govt bonds oversubscribed as FPIs put in bids worth Rs521 crore
livemint.com - 24 Nov 2015 01:26
At the end of a two-hour auction on Monday evening, 18 bids were declared successful
Pfizer and Allergan: How the Deal Adds Up
Wall Street Journal - 24 Nov 2015 00:59
The $155 billion combination of Pfizer and Allergan will face some hurdles. Price doesn't seem to be one of them
Recent track-record belies hype in wind energy
livemint.com - 24 Nov 2015 00:57
While the renewed interest in wind energy is encouraging, the underwhelming performance of the sector in recent years calls for caution
Baltic Dry Index hits 30-year low
livemint.com - 24 Nov 2015 00:49
The BDI, a measure of shipping rates, fell to 498 points on Friday, signalling that the recovery of the world economy is some distance away
Don't Get Scalded by Campbell Soup
Wall Street Journal - 24 Nov 2015 00:35
Slowing sales and a chunky valuation suggest Campbell needs to cool off before investors take another spoonful
Fed's Tarullo to Biggest Banks: Stress Tests Likely Will Get Harder
Wall Street Journal - 24 Nov 2015 00:16
The Federal Reserve's point man on bank regulation said the central bank's annual stress tests are likely to get harder for the very largest banks.
Jarden Corporation Destroys Shareholder Value While Making Insiders Rich
Forbes - 23 Nov 2015 23:45
Jarden Corporation (JAH) is executing a roll-up scheme that lines the pockets of insiders and Wall Street banks while destroying shareholder value.
Monday Sector Leaders: Consumer Products, Energy
Forbes - 23 Nov 2015 23:32
The best performing sector as of midday Monday is the Consumer Products sector, up 0.9%. Within that group, Tyson Foods, Inc. (NYSE: TSN) and Kellogg Co (NYSE: K) are two large stocks leading the way, showing a gain of 9...
What Elliott Is Up to at Alcoa
Wall Street Journal - 23 Nov 2015 22:58
Activist investor Elliott Management is used to shaking things up but that might not be why it has disclosed a stake in Alcoa
European Watchdog Eyes 45 Potential Cases of Energy Market Abuse
Wall Street Journal - 23 Nov 2015 17:31
A European regulator is examining 45 potential cases of abuse in one of the world's largest energy markets, but faces a big hurdle in pursuing them: Many countries aren't prosecuting the alleged wrongdoing.
Wheat Futures Contracts Hurt by Full French Silos
Wall Street Journal - 23 Nov 2015 07:36
Three wheat silos in France that store the grain that underpins Europe's benchmark wheat futures contract are full. This means that buyers can't cash in their futures contracts and instead they have to roll over into new...
Defence companies gain after Cameron's pledge on spending
Telegraph - 23 Nov 2015 22:57
Market Report: Defence stocks jump on SDSR, while commodity stocks hit as copper slumps to six-and-a-half year lows.
Daily Dividend Report: CBU, LUV, WLK, UGI, ORI, GME, DCI, CINF
Forbes - 23 Nov 2015 22:50
Community Bank System (CBU) declared a quarterly cash dividend of $0.31 per share on its' common stock. The dividend will be payable on January 11, 2016 to shareholders of record as of December 15, 2015.
What Are The Key Drivers Of Growth For Estee Lauder?
Forbes - 23 Nov 2015 22:46
Focus on the online sales channel, digital initiatives, and revival of its travel retail channel, will be the key drivers for Estee Lauder?s growth in the future. While travel retail showed tremendous growth in 2014, the...
Key Growth Areas For Ameritrade; October Metrics In Focus
Forbes - 23 Nov 2015 22:44
Brokerage firm TD Ameritrade reported a sustained period of higher trade volumes in the latter half of its fiscal 2015 ended September. Average daily trade volumes were up by 8% and 19% on a y-o-y basis for the quarters ...
Weekly Internet Notes: Groupon, Zynga and Baidu
Forbes - 23 Nov 2015 22:42
Groupon, Zynga, and Baidu saw significant developments over the past week. Groupon exited four key Nordic markets, amidst its ongoing efforts to trim its international portfolio, while Baidu announced its entry into the ...
Q3 2015 U.S. Investment Banking Round-Up: Equity Trading
Forbes - 23 Nov 2015 22:40
The third quarter of 2015 was a mixed period for the equity trading business. The slump in equity markets around the globe ? which was quickly followed by a strong rally ? drove demand for trading services. While investm...