Market News
Gilead Goes to the Head of the Line
Wall Street Journal - 21 Feb 2017 20:04
Gilead Sciences's approach to the biotech deals market involves more than just waiting.
Global gold prices drop as investors await hints on timing of US rate hikes
livemint.com - 21 Feb 2017 06:32Meet The FinTech CEO Making Money Easily Available Anywhere In The World
Forbes - 21 Feb 2017 03:32
Cremfinance CEO and Co-Founder Matiss Ansviesulis discusses the vision behind his company, making money more accessible, and his plans for designing the future of consumer finance.
The Rebirth Of Burger King Has Made 3G Capital, Bill Ackman And Warren Buffett Over $14 Billion
Forbes - 21 Feb 2017 23:39
Brazilian private equity powerhouse 3G Capital, Pershing Square's Bill Ackman and Warren Buffett have made about $14 billion on the revival of Burger King.
Government Wins Flexibility on Fannie and Freddie
Wall Street Journal - 21 Feb 2017 23:35
A major court ruling underscores that what to do with Fannie Mae and Freddie Mac is a political question.
The Great Mystery Behind Tesla's Rally
Wall Street Journal - 21 Feb 2017 22:51
Tesla investors are ignoring significant risks ahead of Wednesday's earnings report, the first to reflect results from SolarCity.
Market roundup | Note ban to see informal economy contract
livemint.com - 21 Feb 2017 21:13
In other news, risings fuel prices pose risk to auto sales and hedge funds bet big on crude oil
Assessing The Likelihood Of A Sprint - T-Mobile Merger
Forbes - 21 Feb 2017 20:46
There has been increasing speculation regarding a merger between Sprint and T-Mobile since the U.S. Presidential election, given the possibility of a more conducive regulatory environment for telecom mergers under a Repu...
Ambuja Cements: higher profits are not enough
livemint.com - 21 Feb 2017 20:38
In the December quarter, Ambuja Cements's stand-alone net profit surged nearly 60% year-on-year to Rs175.88 crore, but net sales were down 6.7% at Rs2,197 crore
4 Legendary Investor Picks For The Trump Rally
Forbes - 21 Feb 2017 17:47
Value investors should look past the latest headlines in search of business fundamentals and concrete metrics. Here are four stocks that score well based on the John Neff value investing model.
A Whopper Of A Deal: Burger King Owner Restaurant Brands International Acquires Popeyes For $1.8 Billion
Forbes - 21 Feb 2017 17:17
It's a deal made in fast-food heaven: Restaurant Brands International, the corporate entity behind Burger King and Tim Hortons, is acquiring Popeyes Louisiana Kitchen for a whopping $1.8 billion.
Why Ping Is THE Mobile Service For The Chatting Generation
Forbes - 21 Feb 2017 17:17
It's 2017 and we're online more than ever. It only follows naturally that we seek to be connected anywhere we go. So what if we told you that staying connected in 160 counties in the world, would cost you just 30c a day?...
Earnings Preview: What To Expect From Priceline On Monday
Forbes - 21 Feb 2017 17:17
Priceline is expected to earn $13.11/share on $2.33 billion in revenue. Meanwhile, the so-called Whisper number is $13.32. The Whisper number is the Street's unofficial view on earnings.
How Traders And Investors Can Thrive In Low Volatility Markets
Forbes - 21 Feb 2017 16:16
Traders and investors are struggling with low volatility markets. Here are four ways to succeed when markets are seemingly not moving.
Earnings Scorecard: Apple Inc.
Forbes - 21 Feb 2017 16:05
In Q4 2016, Apple earned $3.36 per share on revenue of $78.4 billion. The Street's estimate was $3.22 per share on revenue of $77 billion. The Whisper number was $3.23/share. Apple continues to fire on all cylinders.
Reliance Jio new offer announcements batter Airtel, Idea shares
livemint.com - 21 Feb 2017 16:00Grexit Back On The Cards?
Forbes - 21 Feb 2017 16:00
With nothing to stop Brexit getting the green light, the threat of the European Union losing a few more members - either willingly or unwillingly - is adding to the crisis in Europe.
Wal-Mart's US stores just had their best quarter in more than four years
CNBC - 21 Feb 2017 15:05
Analysts had expected the low-price chain to earn $1.29 a share on $131.2 billion in revenue.
Macy's earnings beat expectations but revenue falls short
CNBC - 21 Feb 2017 15:03
Macy's kicked off department store earnings Tuesday morning.
HSBC Feels Chill Wind From Trump on Trade
Wall Street Journal - 21 Feb 2017 14:59
For a bank that says it generates nearly half its revenue from business that crosses international borders, protectionism and populism are clearly a threat.
Gold prices extend losses on weak global cues
livemint.com - 21 Feb 2017 14:50
Standard gold prices dipped by Rs 105 to settle at Rs 29,195 per 10 grams
Earnings Scorecard: Wal-Mart Q4 2016 Enjoyed Its Best Quarter In 4 Years
Forbes - 21 Feb 2017 14:37
In Q4 2016, Wal-Mart Stores earned $1.30 per share on revenue of $130.9 billion. The Street's estimate was $1.29 per share on revenue of $131.0 billion. The Whisper number was $1.32/share.