Market News
John Gutfreund, Former 'King of Wall Street,' Dies at 86
Wall Street Journal - 10 Mar 2016 01:04
The death of John Gutfreund at age 86 marks the formal end of an era on Wall Street when swashbuckling bond traders made huge bets using house money.
European Corporate Bonds Are Clear Winners After ECB Move
Wall Street Journal - 10 Mar 2016 23:44
Credit markets in Europe soared after the ECB surprised investors by saying it would begin buying corporate debt under its massive bond-buying program.
Warren Buffett Doesn't Play This Silicon Valley Earnings Game. Why Should You?
Wall Street Journal - 10 Mar 2016 23:42
Twitter's move to reset pay packages to retain employees is a reminder that stock-based compensation is a real expense for investors.
Top Buys by Directors: Renda's $256.2K Bet on CASY
Forbes - 10 Mar 2016 22:12
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
Aging Bull Market Has Fed in Its Corner
Wall Street Journal - 10 Mar 2016 21:56
Central banks will dictate when this seven-year bull market will come to an end.
Keystone Overshadows Possible TransCanada Bid for Columbia Pipeline
Wall Street Journal - 10 Mar 2016 21:47
TransCanada's reported plans to bid for Columbia Pipeline Group come at both a good and bad time. The assets are cheap, but it is suing the U.S. government over Keystone XL.
Fear Of The Federal Reserve Raises Its Ugly Head
Forbes - 10 Mar 2016 21:41
A deep dive into a sea of red
Stocks Drop, Euro Surges After ECB Cuts Rates
Wall Street Journal - 10 Mar 2016 21:36
The euro surged and stocks fell after the European Central Bank announced a series of fresh stimulus measures to boost eurozone inflation Thursday.
Thursday Sector Leaders: Utilities, Consumer Products
Forbes - 10 Mar 2016 21:32
Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, up 0.8%. Within that group, Columbia Pipeline Group Inc (NYSE: CPGX) and NRG Energy Inc (NYSE: NRG)...
Jindal Steel and Power: default lines
livemint.com - 10 Mar 2016 21:18
Jindal Steel and Power equity investors appear unperturbed by the company's debt getting a default rating, if the share price is a reliable indicator
Global Art Sales Fell In 2015, But What About Returns?
Forbes - 10 Mar 2016 21:16
A new report from the European Fine Art Foundation shows that global art sales fell 7% last year to $63.8 billion, the first drop since 2012, but what about art returns?
Crompton: succour from sale of ailing overseas biz
livemint.com - 10 Mar 2016 21:12
Crompton Greaves on Wednesday inked an agreement for the sale of its international power business for €115 million, which has brought a ray of hope for investors in the beleaguered firm
Hydrocarbon policy: what's in it for investors?
livemint.com - 10 Mar 2016 21:08
The government announced a slew of measures in the hydrocarbon sector on Thursday that are expected to have a positive impact on the Indian energy sector in the long run
Borders in a Borderless World
Forbes - 10 Mar 2016 20:59
This article was originally published at Stratfor.com.
Why the ECB's Big Guns Can't Win This War
Wall Street Journal - 10 Mar 2016 20:44
The ECB surprised markets, but surprisingly, markets swooned. Questions about extraordinary monetary policy will persist.
Gold Rallies On Safe-Haven Demand As ECB Moves Rattle Marketplace
Forbes - 10 Mar 2016 20:26
Gold prices were solidly higher and poised to close at or near a 13-month high close in late U.S. trading Thursday.
ChemChina's Global Shopping Spree Is Debt-Fueled
Wall Street Journal - 10 Mar 2016 19:48
In the past year China National Chemical has asked bankers for more than $43 billion in loans for global acquisitions, most recently $35 billion to take over Swiss pesticide maker Syngenta.
Buy The Rumor, Sell The News: Draghi's Bazooka Fires A Blank
Forbes - 10 Mar 2016 19:32
Before Thursday's open, the ECB fired another shot from their easy money bazooka. The move was short lived.
Negative Rates Stir Japanese Bonds From Slumber
Wall Street Journal - 10 Mar 2016 19:19
The adrenaline rush Japanese bonds felt this week may keep coming.
Oil meeting on output freeze unlikely without Iran progress
livemint.com - 10 Mar 2016 19:13
OPEC member Iran is yet to say whether it would participate in 20 March meeting
Will Tesla Stock Rally Into So-Called Everyman Car Unveil On March 31?
Forbes - 10 Mar 2016 19:13
Tesla should deliver come March 31
ECB Announces Raft of New Measures
Wall Street Journal - 10 Mar 2016 19:03
The European Central Bank announced a package of six measures to revive inflationary pressure in Europe, cutting all of its key interest rates and increasing its monthly bond purchases under its asset-buying program.