US FDA penal actions hit pharma exports growth, may not exceed 5%
Apr 17, 2014 at 12:37 | Source:
HYDERABAD: The sharply higher number of import alerts by the US drug regulator against medicines produced by several large Indian pharmaceutical companies will pull down pharmaceutical exports, industry officials have said. India, which exported $14...
European stocks stay strong after weak inflation data
Apr 17, 2014 at 04:52 | Source:
LONDON (MarketWatch) — European stock markets posted solid gains on Wednesday after better-than-expected Chinese growth data encouraged investors to move back into riskier assets and weak euro-zone inflation added more pressure on the European Cen...
Is this March 2000?
Apr 17, 2014 at 00:37 | Source:
Is the recent tech selloff a precursor to another March 2000? The recent bloodbath for technology stocks has rekindled some traumatic flashbacks for those who lost large amounts of money during the bursting of the dot-com bubble in March 2000. The e...
Charting the S&P 500’s dead-cat bounce
Apr 15, 2014 at 21:27 | Source:
CINCINNATI (MarketWatch) — The U.S. markets’ April downturn has inflicted meaningful technical damage. This includes, but isn’t limited to, each major benchmark’s violation of its 50-day moving average, and the intermediate-term market bias ...
Stock futures up as Coke, J&J rise after earnings
Apr 15, 2014 at 19:42 | Source:
NEW YORK (MarketWatch) — U.S. stock futures pointed to a higher open for Wall Street on Tuesday, helped by earnings-driven gains for blue chips Coca-Cola Co. and Johnson & Johnson. Tuesday could be an eventful trading day, with investors assessing...
Will continue to see growth in US European markets: BG Srinivas, Infosys
Apr 15, 2014 at 12:51 | Source:
In an interview with ET Now, BG Srinivas, President, Infosys, shares their business outlook. Excerpts: ET Now: Europe has made a roaring comeback. Sequentially, the North America business has contracted. Is there a reason why North America has contr...
Stock futures rise on Citigroup, retail sales
Apr 15, 2014 at 09:12 | Source:
NEW YORK (MarketWatch) — Stock index futures turned higher and extended gains Friday after a well-received earnings report from Citigroup and a stronger-than-expected rise in March retail sales that reinforced ideas that soft economic data earlier...
Amazon to unveil smartphone in time for winter holidays: Report
Apr 12, 2014 at 14:01 | Source:
SAN FRANCISCO: Amazon.com Inc is preparing to launch its long-rumored smartphone in the second half of the year, the Wall Street Journal reported on Friday, citing people briefed on the company's plans. The Internet retailer would jump into a crowded...
Stocks suffer big weekly loss; Nasdaq below 4,000
Apr 12, 2014 at 13:22 | Source:
NEW YORK (MarketWatch) — The stock market is looking vulnerable after an extended selloff in tech Friday sent the Nasdaq below 4,000 and wiped 1% off the other main indexes. U.S. stocks built on sharp losses from a day earlier and were hurt by a d...
Sensex closes 86 pts lower ahead of IIP data
Apr 12, 2014 at 02:47 | Source:
The BSE benchmark Sensex on Friday fell from record levels by losing over 86 points as cautious investors booked profits ahead of inflation data and earning season amid a slide in global markets.The Sensex dropped by 86.37 points, or 0.38 per cent, ...
10 things the baby-product industry won’t tell you
Apr 12, 2014 at 01:22 | Source:
1. We’re selling stuff your newborn doesn’t need. With some 4 million babies born in the U.S. every year, companies that make baby products have a broad and ever-changing audience. Reports from retail industry monitors IBISWorld and Euromonitor ...
Stock futures weak, but trim losses after PPI data
Apr 11, 2014 at 20:02 | Source:
NEW YORK (MarketWatch) — U.S. stock futures pointed to further pain for Wall Street on Friday, slipping after weaker-than-expected earnings from J.P. Morgan Chase, though they pared some of their losses after an inflation gauge showed a bigger-tha...
U.S. stocks extend fall; S&P set for 2% weekly drop
Apr 11, 2014 at 20:02 | Source:
NEW YORK (MarketWatch) — U.S. stocks dropped again Friday after the prior session’s sharp selloff, weighed down by a disappointing earnings report from J.P. Morgan Chase & Co. and further selling in tech names. Better-than-expected profit from a...
Stock futures weak after J.P. Morgan results disappoint
Apr 11, 2014 at 17:22 | Source:
LONDON (MarketWatch) — Stock futures slipped on Friday after weaker-than-expected earnings from banking giant J.P. Morgan Chase, as it kicks off the first-quarter earnings season for banks. Futures for the S&P 500 index (GLC:SPM4) fell 12.30 poi...
In high-frequency trades, payoffs much higher than losses
Apr 11, 2014 at 04:31 | Source:
The US securities market regulator, Securities & Exchange Commission (SEC), allowed the first high-frequency trade (HFT) in 1998. Now, such trades account for almost 60-70 per cent of equity volumes in the US. A new book by Michael Lewis, called Flas...
Ranbaxy rallies over 3% as FDA approves Gurgaon Romania R D centres
Apr 10, 2014 at 10:01 | Source:
NEW DELHI: Ranbaxy Laboratories Ltd rallied as much as 3.1 per cent in trade on Thursday after reports suggested that US drug regulator inspected its two centres in Gurgaon & Romania R&D and cleared it. At 09:40 a.m.; Ranbaxy was trading 2.1 per cen...
Nifty likely to open in red after scaling 6,800
Apr 10, 2014 at 08:26 | Source:
MUMBAI: The 50-share Nifty is likely to open in the negative territory on Thursday after a sharp rally in previous session foolowiong muted trend seen in other Asian markets. However, the index may gain momentum once the session progresses and conti...
Stock futures higher ahead of Fed minutes
Apr 09, 2014 at 18:57 | Source:
NEW YORK (MarketWatch) — Stock futures moved modestly higher on Wednesday, building on gains from the previous session. Shares of Alcoa Inc. rallied premarket after it unofficially kicked off first-quarter earnings season with better-than-expected...
Sun Pharma to buy Ranbaxy Laboratories in $3.2 bn all stock deal
Apr 09, 2014 at 18:57 | Source:
(Picture for representation only) Photo: Reuters Sun Pharmaceutical Industries will fully acquire troubled Ranbaxy Laboratories, in an all-stock transaction with a total equity value of $3.2 billion."Sun Pharmaceutical Industries Ltd and Ranbaxy Lab...