Reliance earnings crimped by weak refining business
Apr 20, 2014 at 01:37 | Source:
NEW DELHI-- Reliance Industries Ltd., India’s second largest company by market capitalization, said on Friday that its earnings were little changed in its fiscal fourth quarter, as the sliding profit in its refining and upstream oil and gas busine...
5 undiscovered banks that provide high stock returns
Apr 17, 2014 at 04:52 | Source:
Earnings season for the nation’s largest banks has been a mixed bag, with a weak quarter and stock slide for J.P. Morgan Chase & Co. (NYSE:JPM) , a solid start to the year for Wells Fargo & Co. (NYSE:WFC) , and a pleasant surprise for the cheaply ...
Gautam Adani, the baron to watch out for if Narendra Modi becomes king
Apr 10, 2014 at 10:01 | Source:
AHMEDABAD: In the late 1990s, an employee of Adani Exports took a wrong call in sugar trading, resulting in a Rs 20-crore loss. Fearing he would be sacked, he apologized for the grave mistake and handed in his resignation letter. Gautam Adani, in hi...
4 charts to make you smarter about ‘smart beta’ ETFs
Apr 08, 2014 at 16:42 | Source:
NEW YORK (MarketWatch) — Smart beta ETFs. Alternatively-weighted ETFs. Indexing 2.0. Whatever you want to call this trend in exchange-traded funds, it’s attracting more investor dollars. These ETFs offer a twist on index-based investing, a decad...
Wall St Week Ahead: Momentum names may see more pain
Apr 05, 2014 at 07:46 | Source:
NEW YORK: After their worst week in several years, high-flying stocks that defied gravity throughout 2013 look like they're in for more punishment. The reason: Despite the plunge, they still look overvalued. Familiar names such as Netflix, Facebook ...
How the Nasdaq’s changed since the tech crash in 7 charts
Apr 01, 2014 at 16:22 | Source:
A little more than 14 years ago, tech stocks started to come screaming back to earth after surging to sky-high peaks. These days, they’re enjoying another upswing. The U.S. stock index known for being tech heavy — the Nasdaq Composite (NASDAQ:CO...
Educomp surges 10% as US company plans to buy majority stake
Apr 01, 2014 at 12:46 | Source:
MUMBAI: Shares of beaten down Educomp Solutions, a diversified education services provider, surged nearly 10 per cent in trade on reports that a large US-based strategic acquirer is in fairly advanced talks to buy majority shares in the company. "Th...
Tech bubble? In some ways, it's looking like 1999
Mar 31, 2014 at 17:16 | Source:
It sure looks like a bubble. Maybe not the entire stock market, but consider this: Airbnb, an Internet middleman that connects travelers and people with rooms to rent, was recently valued at more than $10 billion. That's an impressive price tag for ...
Missing The Mark
Mar 17, 2014 at 16:42 | Source:
A collage of images of Gujarat Chief Minister Narendra Modi (left) and Congress Vice-president Rahul Gandhi. Photo source: Reuters On a cloudy January afternoon, barely two weeks into the New Year, Finance Minister Palaniappan Chidambaram met with t...
6 reasons the bull market is here to stay — for now
Mar 14, 2014 at 14:12 | Source:
The market’s behavior during the first couple of months of 2014 has exhibited some eerie similarities to its behavior in 2000, the year the dot-com bubble exploded, marking the end of a multi-decade bull market. Both periods followed a great year ...
Sun Pharma eyes partnerships, acquisitions to enter Japanese market
Mar 06, 2014 at 18:00 | Source:
Sun Pharmaceuticals Industries Ltd, country's largest drugmaker by market capitalization, is exploring opportunities to partner or acquire companies in Japan to enter the market, a senior executive told Reuters. "But we are still thi...
Uncle Sam buying mortgages? Who knew?
Mar 04, 2014 at 19:07 | Source:
SAN FRANCISCO (MarketWatch) — Hedge-fund manager Bruce Berkowitz has a point. His argument that the government baited and switched terms on how it would deliver profits from Fannie Mae and Freddie Mac ring true. He got hosed. The government initia...
Rupert Soames quits Aggreko to become Serco chief executive
Mar 04, 2014 at 15:26 | Source:
Rupert Soames is to leave engineering firm Aggreko to take up the chief executive role at Serco Group. Mr Soames, who has been Aggreko's chief executive for 11 years, said he had loved every minute of his time with the Glasgow-based company. He ...
With WhatsApp deal, Facebook is all grown up
Mar 03, 2014 at 13:32 | Source:
GRAND BLANC, Mich. (MarketWatch) — The news last month that Facebook bought a messaging service for $19 billion drew immediate attention and renewed analysis of the Facebook business model. Most American investors had never even heard of WhatsApp,...
Amazon could kill Zulily
Mar 01, 2014 at 01:02 | Source:
Starry-eyed investors in Zulily may lose their shirts if Amazon becomes more aggressive in the daily-deal business; considering Zulily's success, Amazon moving in to crush Zulily is a highly likely event. The chart illustrates the insanity that has ...
Under John Chen, BlackBerry renews focus on enterprise customers
Feb 27, 2014 at 05:07 | Source:
BARCELONA: Eric Johnson has been global sales head at BlackBerry for just over five weeks and has the enormous challenge of turning around the struggling smartphone maker in tandem with Chief Executive John Chen. But both Chen, CEO of BlackBerry sinc...