From the category archives:

Stock Market

Superdry founder in line for £80m

by reporter March 12, 2010 Business News

The Superdry clothes label founder is in line for £80m as it completes a transformation from market stall to the stock market.

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Sensex ends higher by 70 points; RIL gains 0.84%

by reporter March 11, 2010 Finance

Stock market rose today with the benchmark Sensex closing with a 70-point gain after touching its highest level in a year, helped by heavyweight Reliance Industries and expectations of robust industrial growth.

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Brokers welcome physical settlement in equity derivatives

by reporter March 7, 2010 Finance

The Securities and Exchange Board of India (Sebi) decision to introduce physical settlement in equity derivatives would lower volatility in the stock market and increase trading volumes, market experts said. It is feasible and would make the borrowing and lending markets more active.

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‘Jersey Shore’ Cast Go Jaywalking On ‘The Tonight Show’

by reporter March 4, 2010 Celebrity

Perhaps not surprisingly, The Situation, Snooki and friends did not know many of the answers to Jay Leno’s questions. By Gil Kaufman The cast of “Jersey Shore” on “The Tonight Show with Jay Leno” on Wednesday Photo: NBC Jay Leno continued his streak of major celebrity bookings on his re-booted “Tonight Show” Wednesday night when the cast of “Jersey Shore” swung by to play a round of “Battle of the Celebrity All Stars: Jersey Shore Edition.” It was the second go-round for the kids — they visited Leno’s ill-fated prime-time show in December for a similar bit. This time, it was the guys versus the girls, as Sammi Sweetheart, J-Woww and Snooki took on Ronnie, Pauly D and The Situation

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Berkshire net rises, Warren Buffett sees housing rebound

by reporter February 28, 2010 Finance

Warren Buffetts Berkshire Hathaway said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 per cent as the weakened economy weighed on several businesses.

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Prudential’s $35 billion bid for AIA depends on Asian markets

by reporter February 28, 2010 Business News

LONDON/HONG KONG (Reuters) – Prudential’s bid to buy American International Group’s Asian life unit is a bet against Asian stock markets as falling share prices across the region would make the alternative of listing the business in Hong Kong less attractive.

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Berkshire net rises, Buffett sees housing rebound

by reporter February 27, 2010 Business News

NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses.

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Markets shrug off gloom, bias turns positive

by reporter February 27, 2010 Finance

After facing uncertainty for the better part of the week, the stock market finally signed off on a strong note thanks to the optimism shown over the Budget. The Sensex touched a high of 16,669, and finally ended the week with a gain of 238 points at 16,430. The budget day rally also helped the index end the month on a positive note, up 72 points.

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Payrolls, ISM may steer stocks

by reporter February 26, 2010 Business News

NEW YORK (Reuters) – Payrolls could give the U.S. stock market some direction next week as investors comb through the key report on one of the economy’s weakest areas.

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Market speaks: Health reform doesn’t matter

by reporter February 25, 2010 Finance

If you believe the stock market, health care reform is a dead subject.

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HSBC MF plans to launch Brazil fund

by reporter February 23, 2010 Finance

After Chinas stock markets, Indian investors will soon be able to take advantage of another well-performing market, Brazil. HSBC Mutual Fund is set to launch an open-ended fund of fund scheme called HSBC Brazil Equity Fund. The fund has filed an offer document with the market regulator, the Securities and Exchange Board of India.

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Asian equity markets mark time

by reporter February 23, 2010 Finance

Asian stock markets lack a clear direction as investors marke time ahead of scheduled comments from Ben Bernanke, the US Federal Reserve chairman, on the US interest rate outlook

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Americans doubt their stock-market savvy: survey

by reporter February 18, 2010 Business News

NEW YORK (Reuters) – Fewer than two in 10 Americans are confident of their ability to invest in the stock market, although 60 percent still believe equities are important in a portfolio.

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Thinksoft crashes 50%, under exchanges’ lens

by reporter February 18, 2010 Finance

The share price of software testing firm Thinksoft Global has fallen 50 per cent in the last four trading sessions following the countrys two main stock markets putting its scrips under surveillance and deciding to shift it to trade-to-trade segment from February 19. The Chennai-based company was listed on the National Stock Exchange and Bombay Stock Exchange last year.

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LIC to pump in Rs 10,000 cr in bourses by March-end

by reporter February 16, 2010 Finance

The countrys largest insurer LIC today said it would pump in about Rs 10,000 crore in the stock markets by March, taking its annual equity investment to Rs 60,000 crore this financial year.

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