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J.P. Morgan leads financial stocks higher
May 22, 2013 at 20:52 | Source: Market Watch
NEW YORK (MarketWatch) – Financial stocks were up on Wednesday as Federal Reserve Chairman Ben Bernanke testifies to Congress about the state of the economy in which he confirmed his support for continuing monetary stimulus to help the economic re...
Pfizer to spin-off rest of animal health unit Zoetis to shareholders
May 22, 2013 at 20:42 | Source: DomainB
Pfizer Inc, the world's largest research-based pharmaceutical company, today said that it will spin off its majority 80.2-per cent stake in animal health unit Zoetis Inc to shareholders. The New York-based drug giant will allow shareholder to exchan...
Just Dial's 9.4 billion rupee IPO covered 11.6 times
May 22, 2013 at 20:10 | Source: DNA India
Just Dial s up to 9.4 billion rupee ($170 million) initial public offer was subscribed 11.6 times on closing on Wednesday, in what is the biggest IPO in the country so far this year. The response to the equity offering signals strong investor appeti...
Market boom! Just Dial IPO over-subscribed 11.63 times
May 22, 2013 at 19:36 | Source: FirstPost
Mumbai: In a strong investor response, the initial public offer of local search engine Just Dial, the largest offer by an Indian Internet company, was subscribed 11.63 times on the last of issue today.The Rs 950 crore IPO, the biggest issue so far th...
BSE Sensex closes weak; investors shun realty, cap goods
May 22, 2013 at 18:57 | Source: DomainB
Benchmark indices drifted lower Wednesday, as buyers chose to await cues from the US Federal Reserve before deciding on the next course of action. Renewed weakness in the rupee and tepid fourth quarter earnings from engineering major Larsen Toubro w...
May 22, 2013 at 18:57 | Source: DomainB
The initial public offer of local search engine Just Dial was subscribed 194 per cent with offers for 26.3 million share against 13.5 million shares on offer as the issue closed for subscriptions on the last day today. The company has fixed the issu...
Just Dial IPO subscribed 1.9 times
May 22, 2013 at 15:37 | Source: The Hindu BusinessLine
Mumbai, May 22: The initial public offer of local search engine Just Dial was subscribed by 1.94 times on the last day of the issue today. The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares till 1 p.m....
Local search engine Justdial IPO fully subscribed
May 22, 2013 at 15:35 | Source: Business Today
The initial public offer of local search engine Just Dial was over-subscribed by 1.94 times on the last of issue on Wednesday.The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares, against 1.35 crore shar...
Local search engine Just Dial IPO fully subscribed
May 22, 2013 at 14:25 | Source: Economic Times
MUMBAI: The initial public offer of local search engine Just Dial was over-subscribed by 1.94 times on the last of issue today. The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares, against 1.35 crore sha...
Just Dial IPO fully subscribed but retail investors lag
May 22, 2013 at 14:25 | Source: FirstPost
Mumbai: The initial public offer of local search engine Just Dial was over-subscribed by 1.94 times on the last of issue today.The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares, against 1.35 crore shar...
Morgan Stanley resumes United Spirits at 'overweight'
May 22, 2013 at 12:00 | Source: NDTV Profit
Morgan Stanley resumes coverage of United Spirits Ltd with an "overweight" rating and a target price of Rs 3,115. The investment bank says new owner Diageo Plc could implement a greater focus on profitable growth for the liquor make...
Bharti Walmart ropes in former Morgan Stanley executive Ritika Ratti to head anti-graft cell in US
May 22, 2013 at 06:21 | Source: Economic Times
NEW DELHI: Bharti Walmart has hired an international anti-corruption expert to ensure the wholesale cash-andcarry joint venture between US retailer Walmart and Bharti Enterprises follows highest ethical standards in doing business. Bharti Walmart has...
Apple shares slip, but Yahoo gains
May 22, 2013 at 05:07 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Tech stocks edged higher Tuesday, but Apple Inc. shares slipped as CEO Tim Cook took the stand at a congressional hearing in Washington, D.C. Reuters Apple shares slip as one analyst predicts that the company will fac...
Local search engine Just Dial IPO subscribed 70% on second day
May 22, 2013 at 05:07 | Source: Economic Times
MUMBAI: Local search engine Just Dial's initial public offer, the biggest issue so far this year, was subscribed 70 per cent on the second day of issue today. The Rs 950-crore IPO received bids for over 94.4 lakh shares as compared to 1.35 crore sha...
StanChart to acquire Morgan Stanley's private banking arm
May 21, 2013 at 23:47 | Source: Financial Express
Standard Chartered India today said it has agreed to acquire the private wealth management business of Morgan Stanley India for an undisclosed amount, subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's ...
Oracle Fin Services fixes floor price at Rs 2,275
May 21, 2013 at 22:27 | Source: The Hindu BusinessLine
New Delhi, May 21: IT firm Oracle Financial Services Software today announced the floor price for sale of over 44 lakh shares worth about Rs 1,009 crore to meet minimum share holding norms as mandated by market regulator SEBI. The company today said...
Apple weighs down techs; Yahoo gains
May 21, 2013 at 20:22 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Tech stocks mostly slipped to the red in early trades on Tuesday morning, weighed down by a drop at Apple Inc. prior to CEO Tim Cook taking the stand at a congressional hearing in Washington, D.C. Reuters Apple shares...
Just Dial IPO subscribed 70% on second day, offer to close tomorrow
May 21, 2013 at 18:45 | Source: FirstPost
Mumbai: Local search engine Just Dial's initial public offer, the biggest issue so far this year, was subscribed 70 per cent on the second day of issue today.The Rs 950-crore IPO received bids for over 94.4 lakh shares as compared to 1.35 crore share...
Europe stocks pause after rally; Carnival sinks
May 21, 2013 at 16:52 | Source: Market Watch
LONDON (MarketWatch) — European stock markets dropped on Tuesday, taking a breather after climbing to multiyear highs in the prior day’s session, with investors cautious about making any major moves before more clarification on the U.S. Fed’s ...
H-P investors ignore dour view on Wall Street
May 21, 2013 at 16:52 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — As Hewlett-Packard Co. prepares to post quarterly results on Wednesday, disappointing results from Dell Inc. and recent market research data on falling PC sales loom like a dark cloud. Bloomberg News Hewlett-Packard C...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
