Wall Street jumps 1 percent, looks beyond Paris attacks| Reuters
Nov 17, 2015 at 02:30 | Source:
Wall Street surged over 1 percent on Monday as investors bet Friday's deadly attacks in Paris would have little long-term effect on the U.S. economy and corporate earnings.U.S. oil prices rose after French air strikes in Syria in reaction to multiple...
Wall St rises as little impact seen from Paris attacks| Reuters
Nov 16, 2015 at 23:45 | Source:
U.S. stocks were higher in early afternoon trading on Monday after a choppy start as investors absorbed the impact of Friday's deadly attacks in Paris.Oil prices rose after French air strikes in Syria but soon reversed course amid concerns of an over...
InterGlobe Aviation IPO a top draw, over-subscribed 6.14 times
Oct 29, 2015 at 21:46 | Source:
Mumbai: In the biggest IPO in nearly three years, the Rs 3,018-crore public offer of IndiGo's parent InterGlobe Aviation saw strong demand and was over-subscribed by 6.14 times on the last day of bidding today.The IPO generated demand worth about Rs ...
Goldman to release results on website, not BusinessWire - source| Reuters
Oct 09, 2015 at 00:15 | Source:
Goldman Sachs Group Inc (GS.N) will release its third-quarter results next week through its website and Twitter, not through BusinessWire, as it seeks more control over the handling of sensitive information, a person familiar with the matter said.Gol...
Bill Gates is America's richest man for 22nd straight year
Sep 30, 2015 at 09:34 | Source:
WashingtonMicrosoft co-founder Bill Gates retains the top spot on the Forbes list of America's 400 richest people for the 22nd straight year with Republican presidential frontrunner Donald Trump ranked 121st with $4.5 billion.While Gates' worth is as...
China and Buffett fuel Wall Street rally, dollar steady| Reuters
Aug 10, 2015 at 23:30 | Source:
SAN FRANCISCO Wall Street rallied on Monday after a major M&A deal and on weak data out of China that boosted hopes for fresh stimulus from Beijing, while expectations of a U.S. interest rate hike kept the dollar near a four-month high.All three ...
Berkshire profit falls 37 percent on investment, insurance slump| Reuters
Aug 08, 2015 at 03:45 | Source:
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) said on Friday second-quarter profit fell 37 percent, reflecting a significant decline in investment gains and an underwriting loss from insurance.Net income for the Omaha, Nebraska-based insu...
Buffett donates record $2.84 billion to Gates, family charities| Reuters
Jul 06, 2015 at 23:31 | Source:
REUTERS - Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc (BRKa.N) stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth.The 10...
News Corp must face Dial, Heinz ad monopoly class action - judge| Reuters
Jun 19, 2015 at 22:45 | Source:
NEW YORK News Corp has been ordered by a Manhattan federal judge to face a class action lawsuit accusing it of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States.U.S. District Judge William Pauley sa...
World's second richest man may want a piece of India's telecom pie
May 28, 2015 at 11:55 | Source:
The Warren Buffett of Mexico and the world's second richest man Carlos Slim maybe eyeing India for his next big investment and theSlim-controlled America Mvil, the world's fourthlargest telecom company by subscriber base, might already have taken its...
Sensex volatility is no reason for panic; smart money isn't going anywhere
May 08, 2015 at 12:46 | Source:
Explaining the markets short-term direction is a mugs game. Even before one has finished explaining why the Bombay Stock Exchange Sensex went down like a stone the other day, today (8 May) it is seems buoyant. After Wednesdays 723-point drop, around ...
Buffett celebrates 50th year at Berkshire, faces tough questions| Reuters
May 03, 2015 at 12:15 | Source:
OMAHA, Neb. (Reuters) - Berkshire Hathaway Inc (BRKa.N) shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he i...