Washington ranks as most well-read city
Washington is not only the political capital of the United States, it is also the most literate city in the nation, according to a study released on Monday.
AutoNation: US automakers to take more share: AUTOSHOW
US automakers will take market share from their Japanese rivals this year in a growing market, the chief executive of the No. 1 US car retailer said on Monday.
Michael Douglas says tumor gone, cancer may be beat
Oscar-winning actor Michael Douglas, who revealed in August that he had throat cancer, said on Monday that his tumor is gone and chances are good he has beaten cancer.
Large AIG share sales on track this year: Source
American International Group Inc shares are expected to settle back to a level in the mid-USD 40 range once the company's recently approved warrants begin trading, a person familiar with the situation said on Monday.
Big tech should keep profit growth, economy a risk
Major technology companies should manage to keep up sales and profit growth in 2011, but economic troubles in the United States and Europe could temper results.
Intel pays Nvidia $1.5 bn in license dispute
Intel Corp said it is paying graphics chip designer Nvidia Corp a USD 1.5 bn licensing fee, settling a legal dispute over a license to make chipsets.
Autoshow: GM sees China growth 10%-15% next five years
China's burgeoning auto market could grow at a sustainable 10% to 15% rate over the next five years, the president and managing director of General Motors GM China Group said on Monday.
China's 2010 trade surplus dips, but little comfort
China's global trade surplus narrowed in 2010 for the second straight year, giving Beijing grounds to rebuff US pressure for faster currency appreciation ahead of a visit to Washington next week by President Hu Jintao.
2010 ad revenue up at magazines, 1st time in 3 yrs
The magazine industry is back on the upswing as advertising revenue grew for the first time in three years in 2010, thanks to automakers.
US housing finance: Sharp splits presage slow revamp
The Obama administration plans to lay out its vision for overhauling the US housing finance system later this month, but the gargantuan undertaking could take years given sharp ideological differences on Capitol Hill and the fragility of the housing market.
Sarkozy assures Obama he sees dollar as 'No 1'
French President Nicolas Sarkozy assured President Barack Obama on Monday he recognized the US dollar's role as the world's 'No 1 currency,' as the two leaders pledged to coordinate ideas for reforming the international economic system.
Hyundai rebranding Apple's 'premium' image: AUTOSHOW
South Korea's Hyundai Motor unveiled a new brand slogan at the Detroit auto show on Monday, seeking to transform its image as a maker of value-for-money vehicles into one that evokes "new premium" at affordable prices.
ABC News chief says open to Bloomberg partnership
The new head of ABC News said on Monday he was open to a possible partnership with Bloomberg News as the news network seeks to expand its links with social and other media after a major restructuring in 2010.
Deal bonanza heralds optimism for 2011 M&A
A clutch of deals worth nearly USD 21 bn were struck over the past day ranging from enzymes to bunny ears, fueling Wall Street optimism that M&A volumes could rise for the second year in a row.
World Player of the Year: Lionel Messi
Factbox on Barcelona and Argentina forward Lionel Messi who won the World Player of the Year award for the second time in a row on Monday.
Some optimistic about US retail sales in 2011
US retail sales rose 4% in the 2010 holiday selling season and should rise 2.2% in the first quarter of this year, a group that measures customer traffic in retail locations said on Monday.
Morgan Stanley to spin off prop trading unit
Morgan Stanley will spin off its proprietary trading business into an independent firm in 2012, joining a host of Wall Street banks scrambling to comply with new rules that bar making market bets with their own capital.
Hedge funds kept taking in money at end-2010
Investors poured USD 13 bn of new money into hedge funds in November and likely kept up the pace with more inflows in December, research firms TrimTabs Investment Research and BarclayHedge said on Monday.
Slick South Koreans beat Bahrain in Asian Cup
South Korea began their campaign for a first Asian Cup title in 51 years with a polished passing display to beat Bahrain 2-1 in Qatar on Monday.
Film directors pick nominees for best movie
Hollywood's Oscar race narrowed further on Monday when a key directors' group picked their top five movies and filmmakers, including David Fincher with his Facebook film 'The Social Network.'
Nifty likely to witness range of 5865-5660: Bhambwani
The coming session is likely to witness a range of 5865 on advances. Support is likely at the 5660. The wide range is due to the unusually high base effect of Monday's range.
Stocks in news: Greaves Cotton, R Power, IVRCL, Nag Fert
Hexaware | M&M Financial | Goodyear | Ashoka Buildcon | Pennar Industries | Allied Digital | Bharti Shipyard | Tata Steel | Greaves Cotton | Reliance Power | IVRCL Infrastructure | Hindustan Dorr-Oliver | Hero Honda and Nagarjuna Fertilisers are stocks, which are in the news today.
Support for Nifty at 5738-5689: Gaba
The support for the Nifty is at 5738-5689 and resistance at 5850.
10-year yield seen between 8.15-8.20%: Bagla
Bonds are currently under-owned due to high inflation and imminent rate hike fears. All eyes would be on the buyback announced by the RBI. Liquidity too has been improving over the last few days. The 10-year yield is seen between 8.15-8.20%, says Sandeep Bagla, ICICI Securities Primary Dealership.
Ganeshaspeaks: Market prediction for Jan 11
Today Moon is in the Uttara bhadrapada nakshatra of the Rashi Meen.
