Market News
IDFC PE partially exits Parag Milk Foods through IPO, earns Rs180 crore
livemint.com - 19 May 2016 17:30
IDFC PE will continue to hold 7% stake in Parag Milk Foods
European Tour Operators Caught in the Geopolitical Crossfire
Wall Street Journal - 19 May 2016 18:22
Shares in package-holiday specialist Thomas Cook took a dive Thursday after it warned that troubles in Turkey would hit its full-year profits.
Meet Mr. Monaco
CNN - 19 May 2016 15:24
Jackie Stewart pays tribute to his former teammate, five-time Monaco winner Graham Hill.
Gap Inc reports earnings in line with Street expectations, announces 75 store closings
CNBC - 19 May 2016 22:35
Gap said Thursday that it is closing 75 stores, primarily internationally, by the end of fiscal 2016.
India's biggest task is to find capital to fund growth: Piyush Gupta
livemint.com - 19 May 2016 22:04
DBS Group Holdings CEO Piyush Gupta on how India is at the bottom of a curve that is going to take off and why Raghuram Rajan should stay on at RBI
SpiceJet: adjusted numbers top estimates
livemint.com - 19 May 2016 21:33
SpiceJet's revenue is expected to increase at a 12.7% compound annual growth rate between FY15 and FY18 as it turns around
Sobha Developers' share buyback: much ado about nothing
livemint.com - 19 May 2016 21:17
Rs330 a share for the share buyback, about 2.32% of the paid-up equity share capital, that Sobha Developers offers, is underwhelming being a mere 8% higher than current price
FDA spectre haunts Lupin investors
livemint.com - 19 May 2016 21:07
Investor fears centre around Lupin's Goa facility, which has important products lined up for the US market
Little Reason to Cheer for Deere
Wall Street Journal - 19 May 2016 20:58
The slump in U.S. farm machinery demand is likely to take another toll on Deere's fiscal second-quarter earnings on Friday.
Wal-Mart Joins Amazon in Squeezing Retail Rivals
Wall Street Journal - 19 May 2016 20:14
Wal-Mart's strong quarter may represent less of a bellwether for other retailers than a tolling bell.
Will Alaska Air-Virgin America Face Antitrust Issues?
Forbes - 19 May 2016 19:48
Alaska Air and Virgin America, which together signed a merger agreement last month for a deal valued at $2.6 billion, have received a request to furnish more information about the proposed transaction from the US Departm...
Thursday's ETF with Unusual Volume: IPW
Forbes - 19 May 2016 19:39
The SPDR S&P International Energy Sector ETF (IPW) is seeing unusually high volume in afternoon trading Thursday, with over 343,000 shares traded versus three month average volume of about 28,000. Shares of IPW were down...
Thursday's ETF Movers: XME, IBB
Forbes - 19 May 2016 19:37
In trading on Thursday, the SPDR S&P Metals and Mining ETF (XME) is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of United States Steel (X), up abo...
Here's Why PepsiCo Is Increasing Focus On In-house Content Development
Forbes - 19 May 2016 19:34
Two years after its launch, PepsiCo is now increasing focus on its in-house content development segment called “Creators League”. The company recently opened its own 4,000 square feet state of the art studio in New Y...
Thursday Sector Leaders: Apparel Stores, Trucking Stocks
Forbes - 19 May 2016 19:33
In trading on Thursday, apparel stores shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of American Eagle Outfitters (AEO), up about 16.9% and shares of Urban Outfitters (URBN) up ...
Gold Sinks to 3-Week Low in Aftermath of Hawkish FOMC Minutes
Forbes - 19 May 2016 19:25
Gold prices ended the U.S. day session solidly lower and scored a three-week low Thursday, on follow-through selling pressure in the wake of bearish FOMC minutes that were released Wednesday afternoon.
RBI eases norms around FDI in credit information companies
livemint.com - 19 May 2016 19:11Have Your Cake and Eat It Too... With 3 Low-Volatility, High-Yield ETFs
Forbes - 19 May 2016 19:04
A triple-whammy storm of threats has slammed into our shores: Political uncertainty and polarization in an election year unlike any other … Global economic malaise … deflation, negative interest rates, slowing growth...
Monsanto and Bayer: A Tough Row to Hoe
Wall Street Journal - 19 May 2016 18:31
Bayer's unsolicited bid for Monsanto appears to be a long shot.
Dow Analyst Moves: WMT
Forbes - 19 May 2016 18:11
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Wal-Mart Stores (WMT) is the #28 analyst pick. Within the broader S&P 500, w...
S&P 500 Analyst Moves: AYI
Forbes - 19 May 2016 18:09
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Acuity Brands (AYI) is now the #57 analyst pick, moving up by 2 spots.
See How Wal-Mart Stores Ranks Among Analysts' Top Dow 30 Picks
Forbes - 19 May 2016 18:08
A study of analyst recommendations at the major brokerages shows that Wal-Mart Stores, Inc. (NYSE: WMT) is the #28 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ET...