News Reality

XLF, QEFA: Big ETF Inflows

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Financial Select Sector SPDR Fund (XLF), which added 9,950,000 units, or a 1.6% increase week over week.  Among the largest underlying components of XLF, in morning trading today Berkshire Hathaway Class B (BRK.B) is off about 0.4%, and JP Morgan Chase (JPM) is lower by about 0.2%.
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Shares of JK Cement will remain in focus on its fund-raising plans. The board of JK Cement will meet on Friday to approve, amongst other items, raising of funds by issuing of equity shares and/or su.
The board of directors of Can Fin Homes, set up under the sponsorship of Canara Bank, is scheduled to meet on Friday to consider a proposal of further issue of shares. Investors will keep an eye on .
Wockhardt and its subsidiaries Wockhardt UK Holdings and CP Pharmaceuticals have settled an ongoing litigation with Teva Pharmaceuticals, US, in the High Court of London. The litigation, relating to
7 of 10 stocks have seen a significant valuation re-rating in the past three years
The investors who have sunk many billions into Uber can take at least some comfort in the reality that scale still matters—by a lot.
Adobe posted its fiscal Q2 results on Tuesday after market close, and its revenues increased by 27% to $1.77, above its guidance range. As a result, the stock price rose by close to 5% in after-market
China’s crackdown on lending to its biggest deal makers means the “China bid,” which has kept global deal making humming, will take an even longer breather than previously thought.
MSCI says the Kingdom is on its way to becoming a full-fledged market for investors.
The move follows controversy over rating actions on firms like Reliance Communications
Unfortunately for big liquor groups, craft distilling is following the trail blazed by craft brewing
A conservative yet savvy grandma in the Midwest raking in more monthly income than my boy, on a modest $387,000 in savings.
The global price of gold is again around the same level as a year before, just before a majority of British citizens voted to exit the European Union.In June 2016, speculation on the Brexit vote pulle
The financial industry has been all over Artificial intelligence (AI) supporting front end trading processes, leaving much of the rest of the business in the last century. That won’t be true for much
The Gulf carrier would scoop up the company's stock on the open market.
Switzerland is now the eighth-largest public holder of US stocks.
McDonald’s is working overtime to transition itself from a strictly fast food destination to more of a fast casual dining restaurant. Over the past year, the company has introduced several healthier m
Barrick Gold announced the completion of a 25% stake sale in the Cerro Casale gold mining project to Goldcorp earlier this month, with the two companies (now both holding a 50% stake) looking to joint
The Gulf carrier would buy the company's stock on the open market.
As it navigates through a challenging industry environment with increasing competition, Dunkin’ Brands has set out on a six-part plan to grow revenues.
Fees charged for each service must also be clearly separated
A section of equity mutual fund investors - mainly the smart investors - have either redeemed their units thus far this year or there is a lot of re-alignment of funds in their portfolios resulting in
As per SEBI guidelines, government stake in PSUs should be 75 per cent or less by August 2017.
The budget Hungarian airline will house one of its new Airbus A320s at Luton airport as it adds routes to Israel, Kosovo and Georgia to its existing 39 destinations.
Since 2014, MSCI has been considering adding the A-shares to its indices
Is gold losing its age-old status as a store of value? Sanjeev Prasad, head of Kotak Institutional Equities, believes so. He points to the less than satisfactory return it has shown as an investment o
In comparison, the figure was Rs 90,014 crore at the end of May 2016
RCom, which is saddled with Rs 45k cr of debt, has got a 7-month reprieve from banks to service it
The rupee was trading weak at 64.56 against the dollar due to continued capital outflows amid growing demand for dollar from importers. However, the rupee's losses were contained because of a weak...
Oil keeps a lid on European shares
Intesa Sanpaolo has proposed a takeover of two small banks’ good assets, but the deal is almost too good to be true
European stock markets fell for a third straight day on Thursday, as battered oil prices hovered near seven-month lows hit overnight on worries about a supply glut and falling demand. Britain's FTS..
The New Zealand dollar was the main mover in an otherwise dormant market in major global currencies on Thursday, up half a per cent after the country's central bank made no clear effort to talk the c
The broader markets underperformed benchmarks, with the BSE Midcap and Smallcap indices falling 0.6 percent each.
Gold prices rose for a second straight day on Thursday as risk averse sentiment amid weaker oil prices drove up the demand for the metal, with a softer dollar and weakness in US Treasury yields also

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