News Reality

The Vampire Squid Versus The Sun: Structural Factors And Behavioral Biases

by www.forbes.com
Last Friday, Goldman Sachs – nicknamed “The Vampire Squid” by journalist Matt Taibbi – issued an industry report with opinion changes on several solar power companies. An IOI member – a retired solar power executive who owns a significant stake in one of Goldman’s downgraded firms – called me to try to make sense of the analyst’s change of opinion and to frame the valuation arguments the analyst was making.
Read Full Article On www.forbes.com
Latest
The principality of Monaco on the Mediterranean nestled between France remains the top city globally by 'Millionaire density' despite witnessing a slip in 2017 according to new analysis. It heads Swis
In late April and early May the charts and technical indicators pointed to higher stock prices in May. It has been a good month especially for tech stocks So what are the charts now saying about June?
When the “Bond God” Jeffrey Gundlach speaks, yield hounds listen. And earlier this month, the preeminent income investor on the planet shared his favorite stock idea with a private audience.
Trading was light after Thursday's heavy sell-off and ahead of the long weekend break in the United States and Britain.
Analysts say there was caution in the markets ahead of a meeting of leaders from the world's richest economies.
They have identified clothes such as a skirt and top, costing from £12, which are part of Sainsbury's Pisa collection inspired by the Italian Riviera and Dolce & Gabbana.
The firm, which hosts international exhibitions and events, said it had run 14 of its top 20 events in the first four months of this year and received more than 90 per cent of is budgeted revenue.
Hundreds of thousands of customers have bought vehicles under personal contract purchase plans – often sold by forecourt salesman who make commission by flogging these finance deals.
Blue chips gained 0.4 per cent to end the day up 29.92 points at 7547.63, as the pound dived 1.2 per cent to $1.2791 after a poll showed a narrowing Conservative lead for the general election.
Alfa Financial Software joined the market yesterday, in a move that valued the company at £975m. It handed the co-founder and chief executive a £254m payday.
The troubled lender – which is backed by aristocrat Graham Wellesley – allows savers to lend their cash to housing developers. It has faced fears about the quality of its loans.
Russia sanctions not going away anytime soon, if Washington is to be believed. Others in the market say, look to France.
This is a weekly recap of the financial news in the cannabis industry for the week ending 5/26/2017.
Costco reported solid fiscal third quarter results on Thursday, May 25, as both its revenues and earnings came in ahead of consensus estimates. This note discusses key takeaways from earnings, and wha
Data compiled by the FDIC about U.S. bank failures shows a rather discomforting trend: 5 U.S. commercial banks have failed so far in 2017 – equaling the total number of bank failures for full-year 201
Although the Las Vegas Strip is the third-largest casino market globally, Las Vegas Sands (NYSE: LVS) derives just around 13% of its revenues from the region. The company has focused on expanding inte
The BSE Sensex has gained 25.5% since the Narendra Moidi govt took charge in 2014
In the three years since Narendra Modi was sworn in as prime minister, the mood in the primary market has improved. Fifty seven Initial Public Offers of equity (IPOs) have hit the market in this perio
Overall stock market has grown from little over Rs 75 lakh crore to more than Rs 125 lakh crore now
Verizon’s CEO recently indicated that the carrier plans to launch its own over-the-top streaming TV service later this year. The move is not surprising, as video has been a major theme in the wireless
The past few weeks saw two major steel companies, U.S. Steel and ArcelorMittal, release their first quarter results, and there was a stark contrast between the results of the two companies, specifical
It isn’t America, but the rest of the world, that is driving corporate earnings growth.
Nifty scales 9,600-mark for the first time; metals, energy stocks post smart gains
YES SecuritiesVoltas (Accumulate)CMP: ?499.90Target: ?545Voltas’ 4QFY17 consolidated sales rose 10 per cent y-o-y to ?2,040 crore, owing to 28 per cent/15 per cent rise in Unitary Cooling Products (U
Shares of Maan Aluminium will remain in focus, as its board on Friday approved issue of bonus shares via capitalisation of free reserves. The bonus issue will be in the ratio of 1:1. The decision ...
The Centre is set to hire Citigroup, Deutsche Bank, Goldman Sachs, ICICI Securities and SBI Capital for a 3-per cent stake sale in Indian Oil Corporation to raise about ?6,400 crore, a Thomson Reuter
Mercator informed the exchanges on Friday that it has been awarded a contract by the New Mangalore Port Trust for maintenance dredging at the New Mangalore Port for a period of three years. The aggre
Pharma funds posting a 7% negative return raises many questions
The rupee on Friday continued its upmove against the dollar for the third straight day, surging 18 paise to end at a one-week high of 64.44, buoyed by stocks that soared as the Modi government comple
The world has changed immeasurably, and continues to. Old solutions to tackle economic problems won’t yield results and new tools must be contemplated, which requires fresh approaches. In earlier r..
However, bonus issues almost double
Release of pepper held in exchange warehouses for long pulled spot pepper prices down further on Friday, market sources told BusinessLine.On the terminal market 10 tonnes were traded. Spot prices dec
Weak futures and slack physical demand dragged edible oils prices on Friday. Liberty’s rates for Palmolein Ex STC / Shapur were ?572 / ?573 for May. Super palmolein at ?593 for May . Allana’s rates..
Visiting the Gujarat International Finance Tec-City (GIFT City), Union Minister of State in Finance and Corporate Affairs, Government of India, and Chairman of the International Financial Services Cen

Recent News

Singer Will Young reveals pornography addiction

He also opened up about his exit from Strictly Come Dancing.
Read Full Article

Uma Thurman presides over Un Certain Regard prize ceremony at Cannes

The festival has honoured some of its most unique entries.
Read Full Article

Coronation Street to air six times a week from the autumn

Prepare for an extra episode a week from the cobbles.
Read Full Article

Southern rock music pioneer Gregg Allman dead at 69

(Reuters) - Gregg Allman, whose soulful vocals made the Allman Brothers Band one of rock's top acts in the 1970s with songs such as "Whipping Post," in a career also marred by tragedy and drug abuse,
Read Full Article

Azerbaijan celebrating May 28 Republic Day

Today, Azerbaijan marks the national holiday, the Republic Day.
Read Full Article

Man shouting racial slurs kills two in train stabbing

Two people have died and another is wounded following a stabbing on a light-rail train after a man yelled racial slurs at two young women who appeared to be Muslim, police said.
Read Full Article

Thousands stranded as British Airways grounds planes amid global IT crash

Thousands of holidaymakers were stranded after British Airways suffered a global IT crash, grounding scores of planes.
Read Full Article

UK breaks solar power record AGAIN, thanks to sunny weather

It tops the previous record which was set on May 10.
Read Full Article

Executives earn millions despite losses at nuclear projects

Some shareholders upset about board's decision to award incentives to execs in light of losses at Kemper n Mississippi and the Vogtle in Georgia.             
Read Full Article

Popular Finance

Gregg Allman dies at 69; Southern rock trailblazer co-founded band marked by tragedy

Gregg Allman, the gravel-voiced singer who helped lift the Allman Brothers Band to prominence with a hard-churning brand of soulful rock that became part of the soundtrack of the 1960s and ’70s an
Read Full Article

Britain lowers terror threat level to ‘severe' as police make more arrests in Manchester bombing case

Britain reduced its terrorism threat level a notch, from “critical” to “severe,” on Saturday as authorities said they had made major progress in unraveling the plot behind the Manchester concert b
Read Full Article

Today in Entertainment: Greg Allman passes away; Ariana Grande will play Manchester benefit show

Read Full Article

The lead singer of the Allman Brothers Band passed away in Savannah, Ga.

Read Full Article

24-year-old man and juvenile are suspects in violent home invasion robbery in Santa Monica

Santa Monica police on Saturday identified a man who was arrested following a home invasion robbery that left two people hospitalized, one with serious stab wounds. The robbery occurred about 6:20
Read Full Article

As anniversary approaches, Hurricane Andrew's legacy remains strong in South Florida

There was no air conditioning and parts of the roof were gone, so the mosquitoes would swarm in on those hellishly hot nights. People had their guns ready for the looters. There were also monkeys,
Read Full Article

Cars whose leases are up are flooding the market, pushing prices down

In 2014, Infiniti leased more than 28,000 Q50 luxury sedans for as little as $329 a month in a growing U.S. market. The leases accounted for more than three-quarters of Q50 sales. Now they're comi
Read Full Article

Jim Bunning, Hall of Fame pitcher and member of Congress, dies at 85

Jim Bunning, a former Hall of Fame pitcher who went on to serve in Congress, has died. He was 85. Bunning's death was confirmed by Jon Deuser, who served as chief of staff when Bunning was in the
Read Full Article

Carcass of 79-foot blue whale washes ashore in Northern California

The carcass of a 79-foot blue whale has washed ashore in Marin County, and experts are trying to determine why it died. The whale was discovered off Agate Beach in Bolinas on Thursday. Scientists
Read Full Article