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...
Letting hardware lead to profits: Part I
Feb 27, 2014 at 02:47 | Source:
The increasing complexity of smartphone hardware may be generating investing opportunities. But investors need to have a clear idea of what exactly counts as hardware and who is doing it well, so in a two-part series, I will look at these to aspects...
Facebook’s Zuckerberg has a lot riding on WhatsApp
Feb 24, 2014 at 21:37 | Source:
The knock against Mark Zuckerberg has always been that he was a kid who, as one Silicon Valley worker put it to me, grew up on a PC, not a mobile device. And as social networking consumers have increasingly moved to smartphones and tablets to engage...
CERC's new draft rules raise new worries
Feb 24, 2014 at 14:37 | Source:
The Central Electricity Regulatory Commission (CERC) has come out with a new draft of its proposed power tariff rules. It has rationalized tax retention rules, tariff calculations and other matters which could lead to lowering of power tariffs and a...
Crovitz: A WhatsApp Message for the Feds
Feb 24, 2014 at 06:01 | Source:
Wall Street Journal
Facebook will pay 10% of its market capitalization for a startup called WhatsApp, which lets people use mobile device cheaply to send text messages, photos and videos. Technology disruption is so fast and unpredictable that Mark Zuckerberg felt ...
Will WhatsApp buy bring Facebook value?
Feb 22, 2014 at 03:17 | Source:
Over the last several days, Silicon Valley and Wall Street pundits alike have been agog at the $19 billion buyout of Whatsapp by Facebook Inc. To me, the deal seems a bit rich. Roughly $42 per user ($19 billion divided by 450 million users currently...
Tesla is not the next Amazon
Feb 20, 2014 at 00:37 | Source:
Before it gains even more traction this week, let’s put an end to this theory now: Tesla Motors Inc. (NASDAQ:TSLA) is simply not the next Amazon.com Inc. (NASDAQ:AMZN) The media, forever prone to traffic in the cheap specter that one company...
Global shares get boost from Japan, yen lags
Feb 19, 2014 at 00:30 | Source:
LONDON (Reuters) - World stocks just held on to gains on Tuesday as weakness in Europe took the shine off a sharp rise in Tokyo after the Bank of Japan pumped more stimulus into the economy, hitting the yen.The largesse, in the form of an expanded lo...
When it comes to stocks, play follow the leader
Feb 14, 2014 at 05:07 | Source:
Momentum in the major averages slowed Wednesday, indicating price may be gearing up for a pullback within the pullback. As the below chart shows, the Nasdaq Composite's range contracted Wednesday, along with the day's price rise, the fifth-straight ...
Google passes Exxon to be second most valuable US company
Feb 10, 2014 at 21:01 | Source:
NEW YORK: Google has passed Exxon to become the second most valuable US company by market capitalization. According to FactSet data, the Internet company's market capitalization surpassed that of oil company Exxon Mobil Corp. last week. As of Friday...
ADT loses peace of mind after Meister’s corporate raid
Feb 06, 2014 at 07:17 | Source:
Hedge-fund manager Keith Meister bought his way onto ADT’s board of directors in 2012. He pushed the company to borrow $1 billion and buy back more stock as part of a broader stock repurchase plan. He then resigned from ADT’s board in late Novem...
Emerging markets outlook not rosy, but valuations tempt
Feb 04, 2014 at 07:59 | Source:
New York: Emerging markets were facing headwinds going into 2014, but January's rout surprised even the gloomiest of investors, with big declines in stocks, bonds, and currencies. Political turmoil and terrorism threats across market capitals...