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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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It's Not 2008 For Chinese Companies — It's Worse

Sep 19 2014 12:38pm CDT | Source: Business Insider

If you think we saw bad things out of China this week, brace yourselves. It's going to get worse. A recent slew of economic data out of the country showed that industrial production had slowed to its lowest level since 2008. Retail, investment, housing — all the numbers pointed to a slow down. The Chinese government responded by injecting about $81 billion into the top five Chinese banks, a ta ...
Full article at: Business Insider
 

 

Tesla Is Having A Tough Week As Analysts Express Skepticism (TSLA)

Sep 19 2014 10:11am CDT | Source: Business Insider

Tesla is hitting some skepticism from analysts. This week, Morgan Stanley's Adam Jonas expressed some "sobering factors" about the company's future — and the stock promptly fell almost 9%. On Friday, Goldman Sach's Patrick Archambault expressed some more substantial reservations about CEO Elon Musk's electric carmaker (via StreetInsider): Into 2016, spending for the gigafactory accelerates and Model 3 spending begins. Beyo ...
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Latest stories

Pakistanis prominent winners at UK's Asian achievers awards
London, Sep 19 (IANS/RAY) Persons of Pakistani-origin emerged as prominent winners at the 2014 Asian Achievers Awards in Britain Friday while Sir Tejinder Singh Virjee, a professor of physics at Imperial College, London, headed the list of Indian-origin recipients. | by IANS
 
Sierra Leone launches 'stay at home' drive to fight Ebola
Freetown, Sep 19 (IANS) Sierra Leone started a three-day "stay at home" campaign to raise awareness about the Ebola virus that has killed close to 500 people in the West African country. | by IANS
 
Kenya to have security, health centre with EU's $65 help
Nairobi, Sep 19 (IANS) The European Union Friday said it will provide 65 million dollars to build a new regional security and health center in Kenya. | by IANS
 
 

There's More To An Emerging Market Than Whether Its A Commodity Exporter Or Importer

Sep 18 2014 2:50pm CDT | Source: Business Insider

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Don't Let Your Risk Tolerance Drive Your Portfolio Mix (Morningstar) One of the major problems that investors have is that they let their risk tolerance (or the ability to withstand short-term losses) drive their portfolio mix. Behavioral finance research shows that "investors c ...
Full article at: Business Insider
 

 

Insurance sector: On brink of tech-related change

Sep 17 2014 1:55pm CDT | Source: Business Standard

The insurance sector is on the brink of a major technology-driven change, according to a research report on insurance and technology by the Morgan Stanley and Boston Consulting Group (BCG). The report says technology-driven change c ...
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Rackspace ends buyout speculation, vows to stay independent

Sep 17 2014 7:06am CDT | Source: San Antonio Business Journal

Rackspace Hosting has ended its pursuit of a suitable buyout offer and says it is now determined to stay independent. The company announced it is pulling the plug on a process started in May in which investment banker Morgan Stanley had been tapped to vet and evaluate buyout proposals and other strategic alternatives. Rackspace shares were down 16 percent in after hours trading. The company has also promoted its ...
Full article at: San Antonio Business Journal
 

 

Impact Investing Is Kind Of A Big Deal

Sep 16 2014 5:54pm CDT | Source: Forbes Real Time

The world is awaking to impact investing. Finally. More and more we are seeing institutional investors allocating substantial sums to impact. Audrey Choi, CEO of Morgan Stanley's Institute for Sustainable Investing explains the underlying drivers as a confluence of circumstances, "While the concept of adapting one’s investment philosophy to align with [. ...
Full article at: Forbes Real Time
 

 

Analyst Says Tesla's Competition Is The 'Entire Auto Industry'

Sep 16 2014 2:17pm CDT | Source: Business Insider

Morningstar analyst David Whiston is cautiously optimistic about Tesla's prospects. In a note published Monday, he writes:  Although we stress the uncertainty in investing in Tesla today, the company's competitive position is better than some may expect from a tech startup that makes automobiles... And yet: ...Although Tesla's long range gives it a huge advantage over pure EVs on the mar ...
Full article at: Business Insider
 

 

The Looming Scottish Referendum Is Scaring Investors Out Of UK Stocks

Sep 16 2014 10:57am CDT | Source: Business Insider

Bank of America Merrill Lynch's latest survey of fund managers is out now, and it's not a pretty picture for the UK, ahead of Scotland's referendum. "As opinion polls indicated the referendum for Scottish independence was too close to call, negativity towards UK stocks deepened," said Michael Hartnett, the bank's chief investment strategist. UK equities are the least popular of all major classes this month. 16% more investors are underweight t ...
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Lille to stage 2014 Davis Cup Final
London, Sep 19 (IANS) The Stade Pierre-Mauroy in the French city of Lille will stage the Davis Cup World Group Final between France and Switzerland Nov 21-23. The tie will be played indoors under a retractable roof...
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Scottish First Minister resigns after defeat in referendum (Roundup)
Edinburgh, Sep 19 (IANS) Scottish First Minister Alex Salmond Friday announced his resignation after his Yes campaign's defeat in the independence referendum, Xinhua reported. Addressing a press conference broadcast...
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UN Security Council calls for international support against IS
United Nations, Sep 20 (IANS) The UN Security Council Friday urged the international community to "further strengthen and expand support" for Iraqi government in fighting Islamic State (IS) in Iraq and Syria. In a...
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