News > All

Daily Scan: Stocks fall flat; Germany ends soccer game after bomb threat
Capital Markets
Updated throughout the day November 17, 2015 U.S. stocks ended the day flat after an initial boost early on. Wal-Mart's earnings beat expectations, sending its shares up 3.5% Tuesday. The U.S. Consumer Price Index rose 0.2% in October, as expected. But industrial production fell 0.2% in October, after expectations it would remain flat. The meeting minutes from the Federal Reserve's October…
Overheard on Twitter: Where all this M&A activity is leading us
Capital Markets
From Dealogic: US targeted M&A volume has reached $2.03tr in 2015 YTD, up 55% from $1.31tr announced in 2014 YTD. This marks the first time on record any country has passed $2tr in targeted M&A volume in a calendar year To which, Twitter responds: @firstadopter named Berkshire Hathaway — Bob Brinker (@BobBrinker) November 17, 2015 Photo: thetaxhaven 
Billionaire gives $177M to fight dementia
Lifestyle
Billionaire co-founder of Duty Free Shoppers, Chuck Feeney, wants to take on dementia. Feeney's philanthropic organization, The Atlantic Philanthropies, anonymously gives tens of millions of dollars to charities world wide, reports Forbes. The group publicly announced Monday it is giving $177 million in a multi-year grant to the University of California at San Francisco and Trinity College Dublin to focus…
Aberdeen grasps for revival
Asset Management
Aberdeen Asset Management is desperately trying to revive itself after seeing its shares fall 25% in 2015 as emerging markets wobble. CEO Martin Gilbert says he's not looking to sell the company, despite the rumors. Gilbert's plans for reviving the firm in 2016 will include four or five small acquisitions to diversify away from emerging markets, reports Reuters. Some non-investment…
Ahead of Black Friday, enthusiasm for retail ETFs wanes
Asset Management
On the back of some recent, dismal earnings reports from the retail sector, it is not surprising that exchange traded funds such as the SPDR S&P Retail ETF (NYSE: XRT) are sagging. Nor is it surprising that investor enthusiasm for such ETFs is waning. XRT, the largest dedicated retail ETF, has shed 5 percent over the past week and more
Video: 'Me-too' startups face challenges in raising money; West Coast dreams big
Venture Capital
<p>The market is becoming saturated with "me-too" startups and are facing an uphill battle when it comes to fundraising, says Shayne Veramallay, venture pipeline manager for DLA Piper. In an interview with NexChange, Veramallay contrasts trends on the East Coast and West Coast.</p>
Daily Scan: Asia ends on a high; Auto sector helps drive up Euro markets
Capital Markets
Updated throughout the day November 17, 2015 Asian markets continued to soar until the final bell Tuesday, wiping out most of the losses from Monday when investors overestimated the market impact of Friday’s terror attacks in Paris. Hong Kong’s Hang Seng Index and Australia's S&amp;P/ASX 200 rose 1.2% and 2.3%, respectively, while Japan’s Nikkei Stock Average rose 1.2% on the&hellip;
Hedge funds making a killing with tech giants
Hedge Funds
While private investors behind some of the most overvalued startups are feeling pangs of regret,  hedge funds backing Silicon Valley's publicly-listed old guard are laughing all the way to the bank. On Monday, Business Insider reported that Microsoft and Amazon are both reaping big rewards for their hedge fund backers: Barry Rosenstein's Jana Partners and Chase Coleman's Tiger Global. Jana's&hellip;
The next financial crisis -- how good rules go bad
Capital Markets
Karen Shaw Petrou’s Federalist Society speech titled, “The Next Financial Crisis – How Good Rules Go Bad” It is an honor to speak here today with Senator Gramm, a man whose name graces many of the most important banking and budgetary bills enacted during the decades he represented Texas voters – I know they miss him still. He has just&hellip;
Blackrock says overweight European equities
Asset Management
There was already a lot for investors to weigh up. Now heightened geopolitical risk following the Paris terrorist attacks add to anxieties about interest rates, China's economic growth and the accumulation of dollar debt by emerging countries. In his weekly commentary, Blackrock chief investment strategist Russ Koesterich offers a sober guide for asset allocators: Outlook: Equity Market Divergence Asset Class View Notes Equities: Overweight United States  U Prefer&hellip;