We can’t say enough about the joy of having a sharp, articulate, and charming president lead this country through this crisis. Every time we watch Obama speak, our confidence is restored. That said, we wish Obama didn’t spend so much time hanging out with …
Continue reading...ANALYSIS – Asia’s equity rally may run out of steam
By Eric Burroughs and Kevin Plumberg HONG KONG (Reuters) – Asian equity markets are likely to run out of steam after leading a one-month rally in global stocks, with the full brunt of the deep global recession yet to be fully …
Continue reading...DLF customers take to Gandhigiri to get money back!!
Chennai: Customers who have booked flats in New Town Heights project, being developed by country’s largest real estate developer DLF Ltd, at Gurgaon, near Delhi, is planning to take Gandhigiri route to show their “disappointment” in executing the project. Around 200-300 DLF’s cust…
Continue reading...Satyam still among top 5, says MCA official
Maytas Infra appoints K Ramalingam as chairman and Anil K Agarwal on the board Satyam Computer Services Ltd continues to retain its position among India’s top five software service providers, according to a senior Ministry of Corporate Affairs (MCA) official …
Continue reading...Current market rally to peak off soon: Experts
Speaking on the current rally, S Naganath, President and CIO, DSP BlackRock Investment Managers, said the road ahead will be a little more bumpy and in that regard, therefore, this rally probably will be peaking out right now. He, however, added that maybe a mild correction will be …
Continue reading...Economy has bottomed out; see +ve IIP no in April: Expert
The Index of Industrial Production (IIP) for February has come in at -1.2% as against 9.5% year-on-year and negative -0.5% month-on-month. Atsi Sheth, Chief Economist, Reliance Equities, said the worst was however behind the economy. “IIP at -1.2% was actually …
Continue reading...Americans Were “Living in a Fool’s Paradise” That’s Gone Forever, Soros Says
If nothing else, the credit crisis of the past 18 months has debunked the notion of financial market being an all-knowing, self-correcting mechanism that perfectly allocates capital. Even Alan Greenspan admitted as much. …
Continue reading...Wells Fargo earnings surprise sends market higher
NEW YORK (AP) — Stocks bounded higher Thursday after banking giant Wells Fargo & Co. surprised the market with an early profit report that blew past analysts’ expectations thanks to a strong pickup in its lending business. …
Continue reading...Mkt unlikely to sustain gains after gap up opening: Bhamre
Siddharth Bhamre, Angel Broking: The market might open gap up but is unlikely to sustain gains. I would not advise investors to open fresh shorts now. Data suggest that FIIs have created fresh shorts …
Continue reading...No Way You’re Getting Me Back in This Market – Wallstreet
After the biggest 4-week bull market since 1933, stocks have taken a pause. But the debate is still raging: Was that it? The bottom? The end of the second-worst bear market ever? Should you get in …
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