Some Essentials in Building an Investment Portfolio
The market may be volatile but there are steps to make a solid portfolio that's not only profitable but one that also gives you peace of mind.
Aug 17, 2015 5:07 AM EDT
Japan's 0.4% deflated economy, assault to 'Abenomics'
Even with Japanese Prime Minister Shinzo Abe's Abenomics, the country's declining economy cannot be uplift by his three-pronged approach. Unless he did something to make the economy rise once again, he will fail to get support rates from the upcoming Upper House election.
Buoyed with soaring profits, Spreadex ups dividend 4 times
UK betting firm Spreadex has quadrupled its dividend payout for the year ended May 2015 as significant jump recorded in sales and profits.
KKR's Samson Resources to File for Bankruptcy
KKR's Samson Resources investment will be taken over by its lenders due to bankruptcy. The company will skip its $110 million interest payment through a 30-day grace period.
Latest News
Samsung Galaxy Note 5 will be available in Q4 in the US
Samsung Note 5 which is the new addition to the Samsung Note phablet family was launched in New York. The South Korean firm has no plans of releasing the Note 5 in Europe, citing marketing reasons and a change of strategy.
Aug 17, 2015 2:00 AM EDT
GE sells online deposit platform to Goldman Sachs
GE is dismantling its financial services unit to focus on its industrial business. Goldman Sachs has agreed to buy the online deposit platform of its unit GE Capital Bank, which has been under regulatory pressure.
Aug 16, 2015 11:23 PM EDT
Goldman Sachs to shell out $272M to settle mortgage suit led by union pension funds
Ending a seven-year suit in New York southern district court, Goldman Sachs has agreed to pay $272 million to over 400 bond investors to settle the lawsuit.
Aug 16, 2015 11:21 PM EDT
India High Court favored Nestle over food regulator noodle ban
Nestle India breathes a sigh of relief when India High Court lifts the noodle ban imposed by a domestic food regulator accusing Maggi noodle with high levels of lead content. Even so, Nestle still has to submit samples from the said product for testing by accredited food regulators and once proven that the noodle is safe to eat, that is when Nestle could start again manufacturing Maggi noodles.
Aug 16, 2015 11:12 PM EDT
Majority of Wall Street investors are not tempted on solar market
Investors on Wall Street are not convinced with the popularity of solar panel technology as solar companies publicly offered in the stock market has been devalued for two weeks.
Aug 16, 2015 5:08 AM EDT
Despite jobless claims up, US 4-week average at 15-year low
The US economy witnessed a sudden rise in new application for jobless benefits. However, the four-week average eased to 15-year low indicating continuous recovery in the economy.
Aug 14, 2015 4:33 AM EDT
Street Talk: Look beyond just price, determine the market breadth, which is recently getting weaker
Market Breadth measures the health of the market. Since it turned negative from positive, people should be extra cautious.
Aug 14, 2015 4:22 AM EDT
Hard hit by plunge in Motorola sales, Lenovo to slash 10% workforce
The Beijing-based Lenovo Group has decided to cut 10% white collar jobs numbering 3,200 after the sales fell by one-third in Motorola handsets.
Aug 13, 2015 8:32 AM EDT
Funding Circle lines up $1B funding for small business lending globally
Funding Circle is prodiving hassle-free funding to small business units at low cost of borrowing globally. It also offers risk management solutions to the entrepreeurs. It has already surpassed $1-bn mark in lending and decided to lend 1-bn funds to small businesses.
Aug 13, 2015 4:40 AM EDT
iRobot's robotic lawn mower gets U.S. regulatory approval, brings grass cutting to new heights
iRobot Corp Inc recently got approval from the Federal Communications Commission to manufacture and sell their new automated lawn mower.
Aug 13, 2015 4:27 AM EDT
Ford Targets Emerging Markets with Frugal India Build, In a Bid to Compete With its Rivals in 5th Largest Auto Market
Using India-based engineering, Ford aims to penetrate the India market in a bid to compete against its Asian rival auto companies that are outselling them in the arena.
Aug 13, 2015 4:16 AM EDT
Kraft Heinz terminates 2,500 jobs in the U.S. and Canada to save costs
Kraft Heinz is cutting 2,500 jobs around the United States and Canada. Seven hundred of it will include its labor force in Northfield, Illinois.
Aug 13, 2015 4:14 AM EDT