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1m
Connecticut Post
Goldman Sachs is having a rough week. On Tuesday, news broke that the firm is being sued for allegedly breaching i
Goldman Sachs is having a rough week
Connecticut Post / Posted moments ago
. On Tuesday, news broke that the firm is being sued for allegedly breaching its fiduciary duty. The private equity firm Primus Pacific Partners — a shareholder of one of Goldman's clients, the Malaysian bank EON... Read more
1m
The Hamilton Journal News
AK Steel earnings better than predictedAK Steel Holding Corp. (AKS) today reported second-quarter net income of $17.3
AK Steel earnings better than predicted
The Hamilton Journal News / Posted moments ago
AK Steel Holding Corp. (AKS) today reported second-quarter net income of $17.3 million, after reporting a loss in the same period a year earlier. On a per-share basis, the West Chester Twp.-based company said it had net income of 8 cents. The... Read more
2m
The Hindu
Maruti’s Q1 net profit rises 23%The country's largest carmaker, Maruti Suzuki’s net profit rose 23 per cent to
Maruti’s Q1 net profit rises 23%
The Hindu / Posted 2 minutes ago
The country's largest carmaker, Maruti Suzuki’s net profit rose 23 per cent to Rs 1,486.2 crore for the quarter ended June 2016 as higher sales cushioned the impact of adverse foreign exchange fluctuations. “The profit in the quarter was helped by a... Read more
5 related stories
2m
The Hindu
Unions protest bid to divert PF money to fund schemeThe Centre may reconsider its move to forfeit Provident Fund (PF) savings of em
Unions protest bid to divert PF money to fund scheme
The Hindu / Posted 2 minutes ago
The Centre may reconsider its move to forfeit Provident Fund (PF) savings of employees who fail to claim them for seven years, Union Labour and Employment Minister Bandaru Dattatreya said The minister’s assurance about taking up the issue with... Read more
4 related stories
2m
The Hindu
‘Independent RBI, a must for growth’Criticism using arguments unsupported by evidence is widespread, rues outgoing
‘Independent RBI, a must for growth’
The Hindu / Posted 2 minutes ago
Criticism using arguments unsupported by evidence is widespread, rues outgoing RBI governor An independent central bank is essential for ensuring stable and sustainable growth in any economy, said Raghuram Rajan, Governor Reserve Bank of India... Read more
7 related stories
2m
The Hindu
IDFC Bank Q1 net increases 60%Private sector lender IDFC Bank’s net profit rose 60 per cent ump to Rs.264.8 c
IDFC Bank Q1 net increases 60%
The Hindu / Posted 2 minutes ago
Private sector lender IDFC Bank’s net profit rose 60 per cent ump to Rs.264.8 crore for the quarter ended June compared with Rs.165 crore in the previous quarter, due to higher operating income. IDFC Bank, was converted into commercial bank from a... Read more
2m
The Hindu
Dr.Reddy’s Q1 net falls 76 per centDr.Reddy’s Laboratories’ consolidated net profit declined 76 per cent to Rs.153
Dr.Reddy’s Q1 net falls 76 per cent
The Hindu / Posted 2 minutes ago
Dr.Reddy’s Laboratories’ consolidated net profit declined 76 per cent to Rs.153.5 crore in the quarter ended June 30, 2016, from Rs.647.4 crore a year earlier as revenue fell and it continued to suffer on account of an ongoing issue with its business... Read more
2m
MacDailyNews
What the analysts expect from Apple’s Q316 earnings report today – MacDailyNews“Apple is on tap to report results for its fiscal third quarter after the marke
What the analysts expect from Apple’s Q316 earnings report today – MacDailyNews
MacDailyNews / Posted 2 minutes ago
“Apple is on tap to report results for its fiscal third quarter after the market closes Tuesday,” Jennifer Booton reports for MarketWatch. “Analysts on average expect Apple to report earnings per share of $1.40, down from $1.85 in the year-earlier... Read more
3m
The Hindu
Myntra buys Jabong for $70 mnAcquisition will help Flipkart compete with Amazon, Snapdeal India's biggest o
Myntra buys Jabong for $70 mn
The Hindu / Posted 3 minutes ago
Acquisition will help Flipkart compete with Amazon, Snapdeal India's biggest online retailer Flipkart is buying a smaller rival Jabong for $70 million (Rs.470 crore) in cash, according to Jabong's parent company Global Fashion Group (GFG). The... Read more
12 related stories
3m
sportsmole
RFU chief: 'Six Nations changes unlikely'Rugby Football Union chief executive Ian Ritchie has claimed that any major cha
RFU chief: 'Six Nations changes unlikely'
sportsmole / Posted 3 minutes ago
Rugby Football Union chief executive Ian Ritchie has claimed that any major changes to the Six Nations are unlikely to take place. A shift in schedule, which would see the tournament move from its current February start date to April, had been... Read more
4 related stories
5m
Zero Hedge
Why Swap Spreads Are Suddenly Blowing Out And Why This Is Good For TreasuriesOver the past week, market watchers have noticed something which otherwise coul
Why Swap Spreads Are Suddenly Blowing Out And Why This Is Good For Treasuries
Zero Hedge / Posted 5 minutes ago
Over the past week, market watchers have noticed something which otherwise could be seen as a warning signal: there has been a dramatic move in swap spreads space, notably a substantial widening in recent days from what was until recently record... Read more
5m
Zero Hedge
These Are The Best And Worst U.S. Cities To Own A HouseEarlier today, in its latest update looking at March home prices, Case Shiller
These Are The Best And Worst U.S. Cities To Own A House
Zero Hedge / Posted 5 minutes ago
Earlier today, in its latest update looking at March home prices, Case Shiller pointed out that "home prices continue to appreciate across the country", at just over 5%, a pace that has held since early 2015. Actually that is an understatement: in... Read more
5m
Zero Hedge
Stocks Slide After Japan's "Helicopter Money" Plan Leaks, UnderwhelmsAt the same time that the Nikkei released its latest "market response" trial ba
Stocks Slide After Japan's "Helicopter Money" Plan Leaks, Underwhelms
Zero Hedge / Posted 5 minutes ago
At the same time that the Nikkei released its latest "market response" trial balloon, where it posted an article around 2am local time clearly meant for US market consumption according to which BOJ officials "were said to be leaning more toward... Read more
5m
Zero Hedge
Another Ugly Auction: Treasury Sells $34BN in 5Y Paper With Big Tail, Lowest Bid To Cover Since 2009The hits just keep on coming. After yesterday's ugly 2 Year auction, and follow
Another Ugly Auction: Treasury Sells $34BN in 5Y Paper With Big Tail, Lowest Bid To Cover Since 2009
Zero Hedge / Posted 5 minutes ago
The hits just keep on coming. After yesterday's ugly 2 Year auction, and following last month's less than stellar, tailing 5 Year auction, moments ago the Treasury sold $34 billion in 5 Year paper in what was another woeful issuance, one where the... Read more
5m
Zero Hedge
It's 2am In Japan, Time For Nikkei To Drop Another Tape BombYesterday at 2am local time, Japan's Nikkei reported a doubling of stimulus bei
It's 2am In Japan, Time For Nikkei To Drop Another Tape Bomb
Zero Hedge / Posted 5 minutes ago
Yesterday at 2am local time, Japan's Nikkei reported a doubling of stimulus being proposed (to 6 trillion yen) after Goldman suggest 3 trillion was not enough. That spiked USDJPY briefly. Today, at 2am, Nikkei decided to try it again... announcing... Read more
5m
Channel NewsAsia
Goldman sued over 1MDB links in Malaysian bank mergerNEW YORK: In a new development linked to the 1MDB corruption scandal, a former
Goldman sued over 1MDB links in Malaysian bank merger
Channel NewsAsia / Posted 5 minutes ago
NEW YORK: In a new development linked to the 1MDB corruption scandal, a former Hong Kong-based investment fund is suing Goldman Sachs for conflict of interest in advising a 2011 Malaysian bank merger. Primus Pacific Partners said on Tuesday (Jul 26)... Read more
7 related stories
6m
Channel NewsAsia
Drinks lift LVMH profits as fashion stallsPARIS: LVMH, the world's biggest luxury goods company, on Tuesday (Jul 26) repo
Drinks lift LVMH profits as fashion stalls
Channel NewsAsia / Posted 6 minutes ago
PARIS: LVMH, the world's biggest luxury goods company, on Tuesday (Jul 26) reported higher profits for the six months to June, helped by a strong drinks division, while fashion failed to contribute to earnings growth. LVMH's net profit rose eight... Read more
6m
Channel NewsAsia
Deutsche Boerse shareholders back London Stock Exchange mergerFRANKFURT: The Frankfurt stock exchange Deutsche Boerse on Tuesday (Jul 26) sai
Deutsche Boerse shareholders back London Stock Exchange merger
Channel NewsAsia / Posted 6 minutes ago
FRANKFURT: The Frankfurt stock exchange Deutsche Boerse on Tuesday (Jul 26) said its shareholders had backed a planned merger with the London Stock Exchange (LSE) to create a new global player. Earlier this month Deutsche Boerse lowered the... Read more
6m
Channel NewsAsia
Goldman Sachs abused trust in dealings with Libyan LIA, fund's lawyer tells trialLONDON: Goldman Sachs abused its position as a trusted adviser to Libya's sover
Goldman Sachs abused trust in dealings with Libyan LIA, fund's lawyer tells trial
Channel NewsAsia / Posted 6 minutes ago
LONDON: Goldman Sachs abused its position as a trusted adviser to Libya's sovereign wealth fund, a lawyer for the fund argued on Tuesday, in a case that has subjected the bank's dealings to a forensic degree of scrutiny. In a trial at London's High... Read more
7m
Fortune
This Incubator Is Looking to the Government for Cybersecurity ExpertiseA Silicon Valley venture capitalist, an ex-Navy SEAL and a former U.S. Central
This Incubator Is Looking to the Government for Cybersecurity Expertise
Fortune / Posted 7 minutes ago
A Silicon Valley venture capitalist, an ex-Navy SEAL and a former U.S. Central Intelligence Agency officer have banded together to form a company to fund and incubate startups that can break ground on cybersecurity and intelligence gathering. The... Read more
7m
Fortune
Exclusive: Another Shakeup at Highland Capital PartnersLast fall we discussed how Highland Capital Partners, a venture capital firm hi
Exclusive: Another Shakeup at Highland Capital Partners
Fortune / Posted 7 minutes ago
Last fall we discussed how Highland Capital Partners, a venture capital firm historically based in Massachusetts, had named Silicon Valley partner Peter Bell as its sole managing partner. The move seemed to predicate a westward shift of focus,... Read more
7m
USA Today
Beer giant AB InBev ups offer for SABMillerBelgium-based Budweiser maker AB InBev raised the cash-only component of its of
Beer giant AB InBev ups offer for SABMiller
USA Today / Posted 7 minutes ago
Belgium-based Budweiser maker AB InBev raised the cash-only component of its offer for British-South African rival SABMiller from 44 pounds per share to 45 pounds per share. SABMiller's board had tentatively agreed to accept the original deal, but... Read more
54 related stories
8m
McDonough County Voice
Aldermen recommend electrical repairsMACOMB — Extra money was recommended Monday for electrical wiring at the city s
Aldermen recommend electrical repairs
McDonough County Voice / Posted 8 minutes ago
MACOMB — Extra money was recommended Monday for electrical wiring at the city sewer plant after exposed wiring was found in what is known as the Grit Building. Plant Manager Josh Peters said the wiring was originally installed in the '80s."It's good... Read more
11m
Memphis Commercial Appeal
Final vote on county’s tax rate set for WednesdayThe Shelby County Commission will convene a special called meeting at noon Wedn
Final vote on county’s tax rate set for Wednesday
Memphis Commercial Appeal / Posted 11 minutes ago
The Shelby County Commission will convene a special called meeting at noon Wednesday to hold the third of three votes on the county's property tax rate ordinance. The county's tax rate is $4.37 per $100 of assessed value. No change is proposed. The... Read more
12m
Market Watch
Could gold fall to $850 an ounce if Trump made America great again?The sole objective of this article is to help investors make money on gold whil
Could gold fall to $850 an ounce if Trump made America great again?
Market Watch / Posted 12 minutes ago
The sole objective of this article is to help investors make money on gold while staying politically neutral, so I am arguing neither for Donald Trump nor for Hillary Clinton as the next president of the U.S. A call from ABN Amro on July 22 for gold... Read more
12m
Market Watch
TerraForm Power unveils preliminary earningsTerraForm Power released preliminary quarterly earnings Tuesday -- the first re
TerraForm Power unveils preliminary earnings
Market Watch / Posted 12 minutes ago
TerraForm Power released preliminary quarterly earnings Tuesday -- the first results in more than eight months -- as the company deals with the bankruptcy of its parent, solar company SunEdison Inc. TerraForm Power reported first-quarter revenue of... Read more
12m
Market Watch
Bull trend intact, S&P 500 stages garden-variety pullbackEditor’s Note: This is a free edition of The Technical Indicator, a daily Marke
Bull trend intact, S&P 500 stages garden-variety pullback
Market Watch / Posted 12 minutes ago
Editor’s Note: This is a free edition of The Technical Indicator, a daily MarketWatch subscriber newsletter. To get this column each market day, click here. Technically speaking, the U.S. markets’ bigger-picture backdrop continues to support a... Read more
12m
Market Watch
LVMH profit was flat in first halfMILAN -- LVMH Moët Hennessy Louis Vuitton said Tuesday its first-half net profi
LVMH profit was flat in first half
Market Watch / Posted 12 minutes ago
MILAN -- LVMH Moët Hennessy Louis Vuitton said Tuesday its first-half net profit was flat compared with a year earlier, dragged down by the fashion and leather goods division. The company, a bellwether for the luxury-goods industry, reported net... Read more
13m
Salon.com
Verizon 2Q profit hurt by strike; revenue disappointsNEW YORK (AP) — Verizon Communications said Tuesday that a strike by 40,000 emp
Verizon 2Q profit hurt by strike; revenue disappoints
Salon.com / Posted 13 minutes ago
NEW YORK (AP) — Verizon Communications said Tuesday that a strike by 40,000 employees hurt its results in the second quarter, and the company’s revenue fell short of analyst projections. The largest U.S. cellphone carrier’s profits were hurt by a... Read more
17 related stories
15m
Dallas Morning News
Based on this time last year, Dallas home prices rising at blazing paceDallas-area home prices are growing at one of the fastest rates in the country,
Based on this time last year, Dallas home prices rising at blazing pace
Dallas Morning News / Posted 15 minutes ago
Dallas-area home prices are growing at one of the fastest rates in the country, according to the latest nationwide comparison. Dallas prices were 9 percent higher than a year ago in the latest Standard & Poor's/Case-Shiller Home Price Index. It was... Read more
11 related stories
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