Market News
Hedge funds can't compete with stocks in tough Indian market, says Andrew Holland
livemint.com - 28 Jun 2017 09:31Bitquence In Crypto Crowdfund For 'Consumer-Friendly' Wallet & 'One-Click' Diversification
Forbes - 29 Jun 2017 01:53
Bitquence, a project targeting mainstream consumers with a 'user-friendly' crypto wallet, has launched a crowdfund and seeks to create a bridge between the past and future of finance. The ultimate vision is to make their...
Biotech Stocks Are Soaring, Todd Hagopian Leads The Way
Forbes - 29 Jun 2017 00:32
Todd Hagopian's Biotech Fund is up over 30% as many of his stock picks have taken off after President Trump and Senate Republicans turned their attention to healthcare.
Blue Apron IPO Tied Up by Big Tech
Wall Street Journal - 28 Jun 2017 22:20
Blue Apron Holdings is the latest startup to have a tech giant suck the air out of its public market debut. It certainly isn't the first and likely won't be the last.
What To Expect From Nike's Fourth Quarter Earnings
Forbes - 28 Jun 2017 21:55
Nike is set to report its fiscal Q4 earnings on June 29 after market close. The company has seen some tough times in the year so far. Growth in the U.S. has slowed down dramatically, while Nike faces rising pressure from...
How A Music App Can Help Dish Network
Forbes - 28 Jun 2017 21:48
Recently, Dish Network launched Dish Music, a mobile app which allows customers to sync music throughout their home via a central control. This app uses Play-Fi technology to allow customers to stream music from services...
A Closer Look At Baidu's Fintech Initiatives
Forbes - 28 Jun 2017 21:44
In December 2015, Baidu established a financial services group to enter the consumer finance, mobile payment and internet brokerage businesses. This move was made to compete effectively with other players in the region s...
Why MGM's Stock Has Rallied 30% In The Past 3 Months
Forbes - 28 Jun 2017 21:36
MGM Resorts International's (NYSE: MGM) stock has rallied nearly 30% in the last three months and has outperformed the gaming industry at large. Las Vegas Sands and Wynn's stocks have rallied as well, but to a much lesse...
Value Investing Is Not Dead If You Know How To Spot Value
Forbes - 28 Jun 2017 21:12
Today's market may be the best in many years for value investors, real value investors, that is. The real value investors analyze footnotes and balance sheets in addition to income statements.
Asian Development Bank issues Rs14 billion rupee-linked bonds
livemint.com - 28 Jun 2017 20:41
Asian Development Bank says has raised Rs14 billion, about $217 million, from a new issue of offshore rupee-linked five-year bonds
This Enterprise Software Startup Is Helping Companies Design Digital Workplaces
Forbes - 28 Jun 2017 20:21
I spoke with Blink CEO and Founder Sean Nolan about the vision behind his company, designing digital workplaces, and the future of enterprise software.
Hindustan Petroleum in dollar market to sell $500 million bonds
livemint.com - 28 Jun 2017 20:11
Though the purpose of HPCL's fund raising is not known immediately, it could be for its proposed plans to buy the stake in Russia's oil fields along with IOC, Oil India and BPRL
Govt to divest 5% in RCF on 29-30 June, to raise Rs 200 crore
livemint.com - 28 Jun 2017 19:54BlackRock's Acquisition of Cachematrix Should Strengthen Its Cash Management Unit
Forbes - 28 Jun 2017 18:44
BlackRock recently entered into a definitive agreement to acquire fintech firm Cachematrix - a move that will allow the asset management giant's cash management unit to leverage the latter's simpler technology platform t...
Illinois Taxpayers Will Pay Billions For Political Dysfunction
Forbes - 28 Jun 2017 18:37
Sometime during the third year of Illinois' downward spiral, the market began treating the state as a junk credit.
Don't Stress, Bank Stocks Should Raise Their Dividends
Forbes - 28 Jun 2017 18:30
This week, many large banks are completing stress tests. If they pass the tests, they can quickly raise their dividends. Curious about what bank stocks have a good chance of passing? DIVCON can help. Eric Ervin discusses...
Corporation Bank to raise up to Rs3,500 crore from share sale
livemint.com - 28 Jun 2017 18:29
Corporation Bank has received shareholders' approval for fundraising by way of issuance of fresh shares and/or issuance of additional Tier I or Tier II capital as per Basel III guidelines
Toshiba Can't Get Best Deal If It Doesn't Talk to Western Digital
Wall Street Journal - 28 Jun 2017 18:24
Toshiba needs to sell its memory-chip business in an expeditious way. Amping up a legal fight with its longtime joint venture partner seems an odd way to get things done.
AU Small Finance Bank IPO subscribed 18% on Day 1
livemint.com - 28 Jun 2017 18:15
AU Small Finance Bank IPO received bids for 66,27,486 shares against the total issue size of 3,76,95,520 shares (excluding the anchor portion of 15,726,649 shares)
India Is Likely To Become The First Digital, Cashless Society
Forbes - 28 Jun 2017 17:35
If the transition to a digital society can happen in India, where just 2% of transactions were non-cash a few years ago, it can happen anywhere.
Sebi allows NRIs to hedge currency risk
livemint.com - 28 Jun 2017 17:32
Sebi allows NRIs to access the exchange traded currency derivatives, or ETCD, market to hedge currency risk arising out of their investments in India
Godrej Industries to raise Rs400 crore through Godrej Agrovet IPO
livemint.com - 28 Jun 2017 17:18
In a filing to the BSE, Godrej Industries informed that its board has decided to participate in the IPO by Godrej Agrovet