Bharti Infratel scrip slips 1% on merger news
Posted on Wednesday April 25, 2018

Indus’s merger into Infratel is expected to close by March 2019. Airtel said it may sell stake to potential private equity players post the deal closure.

Nasdaq open to cryptocurrency exchange in future, says CEO
Posted on Wednesday April 25, 2018

Nasdaq on Wednesday announced a surveillance deal with Gemini Trust Company to monitor cryptocurrency trading on its exchange for potential market manipulation and fraud.

Sterlite Tech Q4 profit jumps 77% to Rs 112 crore
Posted on Wednesday April 25, 2018

The company had posted a net profit of Rs 63.66 crore in the same period a year ago.

1,847 entities, individuals default on penalty payments: Sebi
Posted on Wednesday April 25, 2018

The list of defaulters issued by the regulator on Tuesday contains the odest case from 1998 and some from the year 2000.

Indiabulls Real Estate Q4 profit at Rs 1,648 crore
Posted on Wednesday April 25, 2018

Total revenue for the quarter rose to Rs 2,068 crore from Rs 545.1 crore a year ago.

Bonds slip, call rates turn higher
Posted on Wednesday April 25, 2018

The 7.17 per cent 10-year benchmark bond maturing in 2028 slid to Rs 96.1575 from Rs 96.52.

ETMarkets Evening Podcast: Market falls; what's your next step?
Posted on Wednesday April 25, 2018

Mahindra Finance Q4 profit jumps 82% YoY to Rs 425 crore
Posted on Wednesday April 25, 2018

Asset under management rose 18% to Rs 55,000 crore.

Rupee crashes 52 paise to 14-month low against US dollar
Posted on Wednesday April 25, 2018

The domestic unit tumbled following panic dollar buying by corporates and importers.

Fear factor in gold trade fading, investors play game of patience
Posted on Wednesday April 25, 2018

No new demand from the US meant the capital diversion from gold to equities continued.

Wall Street struggles for footing on cost worries, rising yields
Posted on Wednesday April 25, 2018

NEW YORK (Reuters) - Wall Street climbed into positive territory on Wednesday as optimism over a spate of upbeat earnings was dampened by jitters over rising bond yields and corporate costs.

Chipotle rallies ahead of debut report from new CEO
Posted on Wednesday April 25, 2018

SAN FRANCISCO (Reuters) - Shares of Chipotle Mexican Grill rallied on Wednesday ahead of the company's first quarterly report under a new chief executive hired to turn around the struggling burrito chain.

Chevron evacuates Venezuela executives following staff arrests
Posted on Wednesday April 25, 2018

(Reuters) - U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.

Comcast confirms $31 billion bid for Sky, sparking battle with Fox
Posted on Wednesday April 25, 2018

LONDON/NEW YORK (Reuters) - U.S. media group Comcast submitted a 22 billion pound($30.7 billion) bid for Sky on Wednesday, prompting the European pay TV group to drop its support for a lower offer from Rupert Murdoch's Twenty-First Century Fox .

Trump and Apple CEO Cook meet at White House with trade the focus
Posted on Wednesday April 25, 2018

WASHINGTON (Reuters) - President Donald Trump met with Apple Inc Chief Executive Officer Tim Cook on Wednesday to discuss trade issues as the technology industry grapples with a U.S. spat over import tariffs with China, a manufacturing hub for the iPhone maker and other companies.

Nasdaq open to cryptocurrency exchange in future, says CEO
Posted on Wednesday April 25, 2018

(Reuters) - Nasdaq Inc is open to launching a cryptocurrency exchange in the future as the regulatory environment evolves, the head of the exchange operator said on Wednesday.

Volatile ruble encourages McDonald's to cook up Russian fries
Posted on Wednesday April 25, 2018

LIPETSK, Russia (Reuters) - French fries at McDonald's restaurants from Moscow to Murmansk will be Russian from now on, as the American fast-food chain turns to homegrown potatoes to deal with rouble volatility caused by fluctuating oil prices and Western sanctions.

Volkswagen reaches $33.5 million diesel emissions settlement with Maryland
Posted on Wednesday April 25, 2018

WASHINGTON (Reuters) - Volkswagen AG has reached a $33.5 million settlement with Maryland over state claims related to the German automaker's excess emissions, court documents show.

Twitter shares fall on outlook of slower growth, rising costs
Posted on Wednesday April 25, 2018

(Reuters) - Twitter Inc shares fell about 5 percent Wednesday after the social network said its revenue growth would slow this year and costs rise as it works to fight the spread of hate speech and allegations of election manipulation through its service.

Boeing cruises past forecasts, sees no sign of cost trouble
Posted on Wednesday April 25, 2018

(Reuters) - Boeing Co's profit surged past Wall Street estimates in the first quarter and booming demand for commercial jets pushed the world's biggest planemaker to raise forecasts for cash flow and earnings in what promises to be another record year.

U.S. Treasury yield curve flattening to intensify with U.S. pension plan bond-buying
Posted on Wednesday April 25, 2018

NEW YORK (Reuters) - Corporate pensions are shifting a chunk of their $1.55 trillion in assets into fixed income, which may be sizeable enough to flatten the yield curve further.

Global banks fear China will limit JV control through new rules
Posted on Wednesday April 25, 2018

HONG KONG/SHANGHAI (Reuters) - Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about...

Millennials turn to parents to navigate money milestones
Posted on Wednesday April 25, 2018

April 25 (Reuters) - - Amanda Farris got an ATM card from her father when she was about 13. Her dad told her to treat it like cash and taught her how to tap her allowance and the money she made...

Credit Suisse delivers best quarter since Thiam's revamp
Posted on Wednesday April 25, 2018

ZURICH (Reuters) - Credit Suisse delivered its best quarterly results on Wednesday since Chief Executive Tidjane Thiam launched his restructuring plan for Switzerland's second-biggest bank in 2016,...

DoubleLine's Gundlach says U.S. Treasuries 'not attractive'
Posted on Tuesday April 24, 2018

NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that U.S. Treasuries were "not attractive" even though the 10-year yield <US10YT=RR>, a...

Wells Fargo investors back leaders despite protests
Posted on Tuesday April 24, 2018

DES MOINES, Iowa/NEW YORK (Reuters) - Wells Fargo & Co investors gave strong backing to the bank's directors and executives on Tuesday, indicating they are ready to give its revamped leadership time...

No love for U.S. bank stocks as Treasury yield hits four-year high
Posted on Tuesday April 24, 2018

(Reuters) - Shares in the biggest U.S. banks, typically buoyed by rising interest rates, dipped Tuesday after the benchmark U.S. Treasury yield topped 3 percent for the first time in four years and...

High-profile investors bet on stocks tied to millennials: Sohn Conference
Posted on Tuesday April 24, 2018

NEW YORK (Reuters) - Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the...

Gundlach says buy oil producers, bet against Facebook: Sohn Conference
Posted on Monday April 23, 2018

NEW YORK (Reuters) - Billionaire investor Jeffrey Gundlach on Monday said investors should consider betting against Facebook Inc because the prospect of regulation still hangs over the social media...

Zurich court backs Julius Baer in East German assets row
Posted on Tuesday April 24, 2018

ZURICH (Reuters) - A Swiss appeals court has ruled in favor of private bank Julius Baer in a suit by a German agency hunting East German assets that went missing after the fall of the Berlin Wall,...

Southwest gets high marks for its 'sincere' response to fatal accident
Posted on Wednesday April 25, 2018

Southwest Airlines has come across as "sincere" and not defensive in its response to the fatal accident that left a passenger dead, the Dallas Business Journal reports.

NYSE suspends trading in Amazon, Alphabet on floor because of issue with their $1,000 stock prices
Posted on Wednesday April 25, 2018

New York Stock Exchange had a technical issue with floor trading in some stocks Wednesday.

Check out this A.I. company's high-tech Sydney HQ — get your fingerprint ready
Posted on Wednesday April 25, 2018

Biometric ID passes are one of several innovative features built into the Australian data firm's Sydney headquarters.

European stocks close lower as rising yields put investors on edge
Posted on Wednesday April 25, 2018

European stocks closed lower Wednesday, as rising yields in the bond markets offset excitement surrounding corporate earnings.

Trump made dairy access a big issue, but NAFTA 2.0 may bring only 'marginal' concessions from Canada
Posted on Wednesday April 25, 2018

Canada's dairy market is protected by high tariffs and has been a key bone of contention, but experts expect only slight concessions from Ottawa in NAFTA talks.

Wynn CEO: I'm hopeful 'wounds will heal' with Elaine Wynn, our largest shareholder and co-founder
Posted on Wednesday April 25, 2018

New Wynn Resorts CEO Matt Maddox says he has reached out to Steve Wynn's ex-wife several times.

Stocks making the biggest moves premarket: BA, CMCSA, TWTR, ANTM, VIAB & more
Posted on Wednesday April 25, 2018

Names on the move ahead of the open.

A.I. could lead to a nuclear war by 2040, think tank warns
Posted on Wednesday April 25, 2018

AI in the future could encourage human actors to make catastrophic decisions, researchers at the nonprofit RAND Corporation said.

Boeing shares pop after crushing earnings estimates, raising 2018 forecast
Posted on Wednesday April 25, 2018

Boeing says first-quarter earnings were driven by faster production in its commercial air division.

Kate Hudson urges action ‘now’ and calls for legal steps to follow the Time's Up movement
Posted on Wednesday April 25, 2018

"It actually makes me kind of angry that there aren't enough women on boards," said the actress.