Market News
Bradford & Bingley Nationalization: 'EU Approach' & Shareholder Compensation Backed By MPs
Forbes - 14 Sep 2017 19:30
Ten years after the run on UK bank Northern Rock, campaigners including British MPs, an MEP and an action group representing around a million dispossessed Bradford & Bingley shareholders are to approach the European Unio...
Sterling Rallies Following The Bank Of England's Interest Rate Announcement
Forbes - 14 Sep 2017 19:22
It has been an extremely busy week for UK economic data with the main highlight being the Bank of England's interest rate decision and quantitative easing programme. Interest rates were kept on hold but there were hints ...
Bitcoin Prices Plunge To Lowest In More Than 1 Month
Forbes - 14 Sep 2017 19:16
What does the sharp drop in Bitcoin prices mean for traders?
Crypto Market Down Nearly 40% From All-Time High
Forbes - 15 Sep 2017 01:04
Will cryptocurrencies surrender the sharp gains they produced this year?
Oracle's Revenue Climbs 7% As Cloud Push Brings In Billions
Forbes - 15 Sep 2017 00:31
Oracle reported better-than-expected quarterly earnings on Thursday, once again helped by its growing cloud business.
With MannKind Down Over 90%, NVIDIA Enables Nate Pile To Beat The Market
Forbes - 15 Sep 2017 00:13
Nate Pile first recommended MannKind when it was at $32. Today it is trading at $2, down over 90%. In spite of this disaster, Nate's portfolio is up 17.93% year-to-date, solidly ahead of the S&P 500's 11.93%. How can a m...
Oracle stock falls on guidance
CNBC - 15 Sep 2017 00:10
Oracle's first-quarter results were better than expected on both revenue and earnings per share.
How Big Is The Japan Opportunity For Las Vegas Sands?
Forbes - 14 Sep 2017 23:42
Japan legalized casino operations last year, and is currently formulating laws for the industry. Japan, the third largest economy in the world, presents a big opportunity for global casino operators as it is completely u...
Bottles Up: Nestle Bets Big On Hipster Roasted Java, Taking Majority Stake In Blue Bottle
Forbes - 14 Sep 2017 23:13
Nestlé is giving itself another jolt of caffeine -- this one decidedly more hipster than its other coffee brands. The food and beverage behemoth announced Thursday that it has acquired a majority stake in Blue Bottle Co...
Why Now Is A Good Time To Buy General Electric
Forbes - 14 Sep 2017 22:37
There are several reasons General Electric is an attractive buy right now.
Litecoin Prices Plunge As Crypto Markets Suffer Sell-Off
Forbes - 14 Sep 2017 21:38
Is Litecoin even more sensitive to Chinese developments than other cryptos like Bitcoin?
New Info Shows Coordinated Monetary Policy Tightening Ahead
Forbes - 14 Sep 2017 21:33
Today's news means that coordinated central bank tightening is even more likely ahead, and faster than the markets expect. This coordination, however, will lessen the volatility effect in the currency markets.
Bajaj Finance to sell over 2.6 crore shares to QIBs
livemint.com - 14 Sep 2017 21:14
Bajaj Finance Ltd has allotted over 2.6 crore shares to qualified institutional buyers (QIBs), fetching over Rs5,044 crore
Sebi slaps Rs68 lakh penalty on Premier Capital Services, 12 others
livemint.com - 14 Sep 2017 20:31
Sebi says PCSL and 12 other firms have violated various disclosure provisions of the SAST Regulations and the PIT Regulations on a number of occasions
Women Report More Financial Stress About Retirement Savings Than Men
Forbes - 14 Sep 2017 20:29
A new report by MassMutual shows some interesting differences between how men and women feel about saving for retirement, with women feeling more behind and stressed.
Attention Investors: The Stretch of Very Weak Inflation Is Over
Wall Street Journal - 14 Sep 2017 20:17
Investors have been enjoying what might best be called the Bizarro Goldilocks economy. The latest inflation report serves as a warning the fairy tale may be drawing to its close.
ICICI Lombard IPO: Firm allots shares worth Rs1,624 crore to anchor investors
livemint.com - 14 Sep 2017 20:09
Ahead of it IPO, ICICI Lombard allocated shares to 64 anchor investors at Rs661 per share
BlackRock's Alternatives Business Could Gain Significantly From Potential Calpers Deal
Forbes - 14 Sep 2017 19:55
BlackRock is reportedly in talks with Calpers to manage all or part of the latter's private equity investments - currently valued at around $26.2 billion. A possible deal between the largest asset manager and the largest...
HDFC Bank overtakes TCS to become 2nd most valuable company
livemint.com - 14 Sep 2017 19:04Why the Bank of England Has an Itchy Trigger Finger
Wall Street Journal - 14 Sep 2017 18:12
Bank of England governor Mark Carney was once dubbed an "unreliable boyfriend" by a politician when it comes to guiding expectations. September's meeting has set the stage for a real test of fidelity.
Goldman units to sell up to $110 million stake in Max Financial
livemint.com - 14 Sep 2017 17:40
Two Goldman units are offering to sell 4.42% stake in Max Financial, the share sale's floor price has been set at Rs595, which is 0.8% discount to the stock's today closing price
Here's Why The Defense Sector Is The Best Trade Today
Forbes - 14 Sep 2017 17:35
The defense industry occasionally has a bad quarter or two, but over time it outperforms.