Banks in Europe are unexpectedly rallying after Draghi’s comments
European Bank stocks fell on Wednesday more than 3.5 percent, after ECB President Mario Draghi hinted that the Central Bank…
Category: Finance
Finance, finance news
Hedge fund Pagoda Asset Management shutting after four years
BOSTON (Reuters) - the Hedge Fund pagoda Asset Management is shut down at the end of the month, always the…
U.S. bank stock gains may stall after two-year rally
(Reuters) - After two years of sharp gains for U.S. banking stocks, investors betting on further big boost for the…
Corvex, Icahn to mull bid for oil and gas producer Energen
Activist hedge-Fund manager Keith Meister and billionaire investor Carl Icahn said, you can try to buy oil and gas producer…
Ackman says Pershing Square Holdings up 0.1 percent this year
Two days after billionaire investor William Ackman customer said that he was money on all his money back, he said…
Walmart agrees to a $16 billion deal to buy a majority stake in India’s Flipkart
Walmart has decided to buy a business, a majority stake in the Indian e-commerce giant Flipkart for 16 billion dollars.…
Chastened by past demons, CFTC is quick to call out potential manipulation in credit derivatives
As the global financial crisis lead to a decade ago, and learned most of the Americans the hard way, that…
Here’s what Wall Street thought about Disney’s big earnings win
Wall Street analysts praised Walt Disney 's quarterly results topped Wall Street expectations, which Was after the blockbuster movies like…
The Fed has ‘time to wait’ while hiking rates, former vice chair Fischer says
Inflation is still pretty much as subdued as it was, as Stanley Fischer joined the Fed, the former Central Bank…
Sturm Ruger shareholders approve proposal for gun-maker to report on risks of its business
A group of nuns and other faith-based investors gained shareholder voting rights on Sturm Ruger & co., one of the…