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More Bad News For Goldman Sachs: Anthony Noto Bolts For Hedge Fund

Source: Business Balla | May 13 2014, 1:10pm CDT | by Forbes

This has not been a particularly good year for Goldman Sachs. Its stock is down 9.4% in 2014. The bank’s key fixed...
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Here's The 'But' The Bulls Are Hanging On To

Oct 20 2014 4:51am CDT | Source: Business Insider

The spike in market volatility and the slide in stock prices have people freaked out we're on the verge of a bear market or perhaps even a crash. Worries include the slowing global economy, falling prices, heightened geopolitical tensions, and wild cards like the spread of the Ebola virus. However, the market's optimists have yet to capitulate. Indeed, they have a laundry list "buts," or reasons why the bull market and economic recovery are far fr ...
Full article at: Business Insider
 

 

Two MCFL investors tender 2.6% stake to Deepak Fertilisers

Oct 20 2014 4:10am CDT | Source: Business Standard

Amid a prolonged takeover battle for MCFL, the fertiliser firm's two investors, including Morgan Stanley, have tendered shares to the tune of 2.6 per cent st ...
Full article at: Business Standard
 

 

Latest stories

Repeated viewing of violence and sex 'desensitises' parents
Washington, Oct 20 (IANS) In a stunning report, researchers have revealed that when it comes to sex and violence, the more parents watch TV shows or movies with explicit scenes, the less they care about what their kids can watch. | by IANS
 
Nigeria declared free of Ebola
London, Oct 20 (IANS) The World Health Organisation (WHO) Monday officially declared Nigeria free of the Ebola virus disease after six weeks with no new cases. | by IANS
 
New Zealand fault hole revealing secrets of earth's crust
Wellington, Oct 20 (IANS) An international team of scientists drilling a 1.3-km deep hole into the Alpine Fault in New Zealand's South Island say they are already gaining valuable insights into the earth's crust less than a quarter of the way down. | by IANS
 
 

Morgan Stanley blows past estimates

Oct 17 2014 9:39am CDT | Source: USATODAY

Institutional securities, wealth management see major growth. ...
Full article at: USATODAY
 

 

Brazil Is On A Tear, And There Can Only Be One Reason Why

Oct 14 2014 3:02pm CDT | Source: Business Insider

Last month Brazil was getting killed — its currency and stock market punished by investors who feared more of the same under another Dilma Rousseff Presidential administration. Now the country's turning around, and its stock market is poised to regain all its losses from the last month. The reason is simple. Rousseff's in trouble. At least, according to recent polls. Three of four of Brazil's major polls put more market-friendly candidate, Aecio Neves, sl ...
Full article at: Business Insider
 

 

Argentina Is On The Verge Of A Huge Boom In Shale Oil Fracking

Oct 14 2014 11:19am CDT | Source: Business Insider

Argentina could be the forefront of the next shale oil revolution, according to a report Morgan Stanley published today. Of all the areas analyzed, the Latin American country displays the most favourable conditions, and the lowest investment costs (graphic above). La pampa could become the next big thing in shale oil, mainly for three reasons: Favourable geological conformation. The Vaca Muerta basin has simila ...
Full article at: Business Insider
 

 

Citigroup to exit 11 markets, mostly in Latin America, as bank continues to reduce its size

Oct 14 2014 9:47am CDT | Source: Canadian Business Online

NEW YORK, N.Y. – Citigroup said Tuesday that it will bow out of the retail banking business in 11 markets as part of its ongoing effort to restructure and slim down since the financial crisis. Citi said the markets impacted would primarily be in smaller countries in Latin America: Costa Rica, El Salvador, Guatemala, Nicaragua, Panama and Peru. It will also exit the consumer banking business in Egypt, Japan, the Czech Republic, Hungary and Guam. The b ...
Full article at: Canadian Business Online
 

 

Buffalo Wild Wings' New Pricing Strategy Could Backfire

Oct 13 2014 2:51pm CDT | Source: Business Insider

Buffalo Wild Wings' plan to combat higher chicken wing costs could backfire, according to Morgan Stanley.  The chain could experience "adverse consumer reaction to new portion sizing," a recent note said.  Buffalo Wild Wings began charging by volume rather than quantity last year. In other words, the restaurant would sell five larger wings for the same price as six smaller wings had been.  "People would see a five, 10, 15 [or] 20 count as compared to the 6, 12, 18, 24 ...
Full article at: Business Insider
 

 

Tesla Stock Has Now Dropped Over 20% From Its Peak (TSLA)

Oct 13 2014 1:21pm CDT | Source: Business Insider

You really couldn't have asked for a better show than the one Elon Musk put on last week when he unveiled the new Tesla Model D, an all-wheel-drive version of the Model S sedan. There was a giant robot arm, joyrides that showed attendees at the Los Angeles shindig of speed what 0-60 mph in 3.2 seconds feels like, and a lot of chatter about Tesla's new Autopilot features, which can among others things enable a Model ...
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