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Dow, S&P 500 rally with energy; Alphabet drops| Reuters

Feb 04, 2016 at 04:45 | Source: FirstPost

U.S. stocks staged a late-day rally on Wednesday as an 8-percent jump in oil prices lifted beaten-down energy shares and financials rebounded.The Nasdaq stayed weaker but ended well off the day's lows.Oil prices LCOc1 CLc1 snapped a two-day rout as i...

Alphabet overtakes Apple in market value - for now| Reuters

Feb 02, 2016 at 23:45 | Source: FirstPost

Alphabet Inc (GOOGL.O) might win the market cap battle against Apple Inc (AAPL.O), but will it win the war?Maybe not.The median share price forecast of 31 analysts who raised price targets after Alphabet reported strong results on Monday was $924, su...

Sponsored: What are the types of mutual funds?

Dec 28, 2015 at 17:44 | Source: FirstPost

Sharath, an enthusiastic entrepreneur, has started his business immediately after his graduation. He is running his business for the last 2 years and the business has started doing reasonably well in the last couple of months resulting in positive ca...

What are the types of mutual funds?

Dec 28, 2015 at 17:44 | Source: FirstPost

Sharath, an enthusiastic entrepreneur, has started his business immediately after his graduation. He is running his business for the last 2 years and the business has started doing reasonably well in the last couple of months resulting in positive ca...

Sponsored: How many funds do you need for adequate diversification?

Dec 28, 2015 at 13:45 | Source: FirstPost

You would have come across a number of articles in the media by financial experts recommending diversification in your investment portfolio. Perhaps your own financial advisor would also often be advocating this. By diversification, they mean that yo...

How many funds do you need for adequate diversification?

Dec 28, 2015 at 13:45 | Source: FirstPost

You would have come across a number of articles in the media by financial experts recommending diversification in your investment portfolio. Perhaps your own financial advisor would also often be advocating this. By diversification, they mean that yo...

Sponsored: Choosing funds on the basis of market capitalisation

Dec 28, 2015 at 12:41 | Source: FirstPost

Mutual funds are collective investment schemes that pool money from a large number of investors and invest it according to their mandate. Equity funds are those that invest in shares of companies that run business for a profit. These companies come i...

Choosing funds on the basis of market capitalisation

Dec 28, 2015 at 12:41 | Source: FirstPost

Mutual funds are collective investment schemes that pool money from a large number of investors and invest it according to their mandate. Equity funds are those that invest in shares of companies that run business for a profit. These companies come i...

Yahoo shelves plan to spin off Alibaba stake| Reuters

Dec 09, 2015 at 23:15 | Source: FirstPost

Yahoo Inc said on Wednesday it had shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd, citing tax concerns, and will instead create a separate company to hold the rest of its assets.The new publicly traded compa...

Exclusive: Moelis clinches Pfizer advisory role with help from Eric Cantor - sources| Reuters

Nov 17, 2015 at 01:15 | Source: FirstPost

Former U.S. Representative Eric Cantor helped Moelis & Co, the investment bank he joined last year, secure an advisory role with Pfizer Inc on its merger talks with Allergan Plc, three people familiar with the matter said.The appointment illustra...

Exclusive: Guggenheim, JPMorgan clinch key roles in Pfizer-Allergan talks| Reuters

Nov 03, 2015 at 00:30 | Source: FirstPost

NEW YORK/LONDON Investment banks Guggenheim Partners LLC and JPMorgan Chase & Co have secured key roles in Pfizer Inc's merger negotiations with Allergan Plc, according to people familiar with the matter, in what would be the biggest ever deal in...

Drugmakers Pfizer, Allergan considering a combination - WSJ| Reuters

Oct 29, 2015 at 09:45 | Source: FirstPost

REUTERS - Drugmakers Pfizer Inc and Allergan Plc are considering combining in what could be the biggest merger in the healthcare industry in already busy year, the Wall Street Journal said on Wednesday. Pfizer recently approached Botox-maker Allergan...

Nasdaq 100 index may see record with Apple earnings due Tuesday| Reuters

Oct 24, 2015 at 05:45 | Source: FirstPost

NEW YORK The Nasdaq 100 .NDX index, dominated by U.S. technology stocks, may set a record high next week, helped by good earnings from Apple Inc (AAPL.O) expected on Tuesday. Technology shares led the U.S. stock market's recovery this week from its ...

Western Digital in advanced talks to acquire SanDisk: Sources

Oct 20, 2015 at 10:33 | Source: FirstPost

Hard disk drive maker Western Digital Corp is in advanced talks to acquire memory chipmaker SanDisk Corp, people familiar with the matter said, as a frenzy of deal making in the semiconductor sector continued.Western Digital has so far prevailed over...

Dell in talks to buy data storage bigwig EMC: Report

Oct 08, 2015 at 09:50 | Source: FirstPost

Dell Inc is in talks to buy EMC Corp and is also talking with banks to finance an all-cash offer for the data storage company, a person familiar with the matter told Reuters on condition of anonymity because the negotiations are confidential.The term...

PC maker Dell in talks to buy EMC: Report

Oct 08, 2015 at 09:50 | Source: FirstPost

Dell Inc is in talks to buy EMC Corp and is also talking with banks to finance an all-cash offer for the data storage company, a person familiar with the matter told Reuters on condition of anonymity because the negotiations are confidential.The term...

Citrix in last-ditch attempt to sell itself: Sources

Sep 23, 2015 at 11:28 | Source: FirstPost

Citrix Systems Inc , the U.S. cloud computing company targeted by activist hedge fund Elliott Management, is making a final attempt to sell itself as a whole before it embarks on asset sales, according to people familiar with the matter.Citrix, which...

Brewer AB InBev seeks $275 billion tie-up with SABMiller| Reuters

Sep 17, 2015 at 03:45 | Source: FirstPost

BRUSSELS/LONDON Anheuser-Busch InBev (ABI.BR), the world's largest brewer, has approached rival SABMiller (SAB.L) about a takeover that would form a colossus producing a third of the world's beer.A merged group would have a market value of around $27...

Hedge funds added Apple shares in 2nd quarter, filings show| Reuters

Aug 15, 2015 at 00:30 | Source: FirstPost

BOSTON Top U.S. hedge funds added to their positions in Apple Inc during the second quarter, even as shares of the iPhone maker were flat during the period.Filings with the U.S. Securities and Exchange Commission released on Friday showed Philippe L...

Hedge funds added Apple shares in second quarter, filings show| Reuters

Aug 14, 2015 at 23:45 | Source: FirstPost

BOSTON Top U.S. hedge funds added shares of Apple Inc in the second quarter, even as shares of the iPhone maker were flat during the period.Filings with the U.S. Securities and Exchange Commission released on Friday showed Philippe Laffont's Coatue ...

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