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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The pullout by FPIs started in October 2016 from equities following uncertainty over US election results and was felt across emerging markets
ONGC and RIL emerging as the biggest gainers.
The stock market's behavior is revealing indications of downside risk.
The asset base of gold exchange traded funds dropped to Rs 5,737 crore at the end of November
The outflow meant asset under management (AUM) of gold funds plunged by more than 5 per cent last month
Exxon CEO Rex Tillerson may be a unique private sector pick for Secretary of State but his experience and skills in the global energy industry would be an asset.
South African billionaire Christo Wiese, who has been busy snapping up a raft of high street groups in Britain, has seen his fortune shrink by £400 million due to the slump in the pound.
Five years ago Sports Direct boss Mike Ashley threatened to ‘finish off’ his main rival, JD Sports. But buoyant JD Sports is set to end the year worth almost twice as much as billionaire Ashley’s ch
Sky bosses Jeremy Darroch and Andrew Griffith are in line to share a bumper £38 million payday if a proposed takeover of the company by Rupert Murdoch’s 21st Century Fox goes ahead.
The Global Restructuring Group, RBS’s business recovery arm, has long stood accused of mistreating small firms in difficulty, and even driving some firms into insolvency.
A 60-day consultation between the firm and unions into the future of the pension scheme starts this week.
For investors 2016 is likely to be the best Christmas in many years especially in light of how the year started out. The stock market's perception of how stocks will benefit in the new Trump world has
Says aflatoxin level was not maintained within specified limit
With the election in the rear-view—and Inauguration Day just a few weeks off—plenty of investors have asked me what they should do with their portfolios now. I’ll name five bargain dividend growers th
What investors should watch the week of December 12-16.
You can take it to the bank: interest rates are going up. Everyone from Janet Yellen to Donald Trump says it needs to happen. Traders betting through the Fed futures markets agree, pegging the odds of
If you could earn 5% to 6% in income every year from a stock you don’t have to watch … you’d hold it today, right? Well, if you don’t already, here’s your wake-up call. Preferred stocks are a rarely t
Fed week is here, but one could be forgiven for thinking it seems anti-climactic. We haven’t spent much time recently talking about odds for a December rate hike, quite simply because it already seems
Crop growers could get discouraged with decline in prices, may slow down acreage under wheat
Liquefied natural gas (LNG) prices increased this week on the back of the OPEC oil production deal reached on November 30. However, given the on-going LNG supply glut, the upward tick in gas prices co
The end is nigh for Italy’s most troubled bank. Trading in the shares of Monte Dei Paschi Di Siena (MPS) was suspended today when the share price tumbled on news that the ECB had refused to give the b
The headhunter said profit for the year to the end of November would be slightly above the top end of market guidance of £37.3million to £39million.
Administrators liquidating the final assets of the department store are trawling through three years of payments in a bid to claim back any deals that could have disadvantaged creditors.
His windfall comes months after the company cancelled its dividend for the year. He set up Petra in 1996, helping it grow from a junior explorer worth less than £10m to its current £905m.
Yesterday the Polish ministry of justice published draft legislation which suggests changes to the amount that lenders can charge their customers.
Photo-Me, which operates more than 26,000 booths across the world, revealed it was in talks to provide a service that allowed travellers to upload passport pictures via its kiosks.
Crowdfunders – dubbed lend-to-save firms – allow consumers to pool their money and give it to businesses as a loan or in exchange for shares.
On Friday, Athene listed its shares on the New York Stock Exchange, raising $1.1. billion at a $7.4 billion valuation and setting the stage for a growth spurt that should fuel Apollo’s bottom line for
The oldest fruit company in the world, which deals in bananas, melons, pineapples and mushrooms, is being bought by a conglomerate that dominates the Asian banana market.
The British brand founded in 1884 captured the niche for elegant, flattering basics for discerning shoppers. It earned its place in fashion history in 1919 when it introduced the camel hair coat.
After circling Sky for years, 21st Century Fox has finally pounced and it isn’t overpaying for the European pay-TV leader.

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Popular Finance

Bulgaria keen to get familiar with investment opportunities in Iran's Yasouj

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Economy of Resistance vital for flourishing petrochemical industry

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Official: Assaluyeh Port ready to host biggest ships

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Italian holding company eyes constructing hotels in Iran

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UPDATE 1-Italy president likely to ask Foreign Minister Gentiloni to try to form govt

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Football: Los Angeles Coach Eric Scott teaches life lesson

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China Great Wall, seeking IPO, enters 'new era' as a joint-stock firm

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