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Bajaj Finance may hit Rs 3000 post breakout: Analysts

Bajaj Finance may hit Rs 3000 post breakout: Analysts

MUMBAI: Bajaj Finance, which hit a fresh high of Rs 2,819.65 Wednesday, has broken out of a technical pattern called pole and flag, giving traders scope of earning further 7 per cent returns over the short term, analysts said. The stock spurted from a low of Rs 2,358 on July 19 to a high of […]

Starwood to Buy a GE Energy-Finance Business for $2.56 Billion

Starwood to Buy a GE Energy-Finance Business for $2.56 Billion

Barry Sternlicht’s Starwood Property Trust Inc. agreed to buy a General Electric Co. energy-finance business for $2.56 billion to expand beyond real estate holdings. The acquisition includes a roughly $2.1 billion portfolio of 51 loans backed by assets such as pipelines, power plants and wind farms, as well as $400 million of unfunded commitments, Starwood […]

GSK's Emma Walmsley recruits HSBC finance chief Iain MacKay to her top team

GSK's Emma Walmsley recruits HSBC finance chief Iain MacKay to her top team

GSK chief executive Emma Walmsley has made a further key hire after recruiting HSBC’s finance chief Iain MacKay to her top team. Mr MacKay will join Britain’s biggest drugmaker as chief financial officer in January next year and will oversee a deep cost-cutting drive at the firm. Ms Walmsley unveiled a £1.7bn three-year restructuring in […]

Has Berkshire Hathaway (BRK.B) Outpaced Other Finance Stocks This Year?

Has Berkshire Hathaway (BRK.B) Outpaced Other Finance Stocks This Year?

Investors focused on the Finance space have likely heard of Berkshire Hathaway (BRK.B), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of BRK.B and the rest of the Finance group’s stocks. Berkshire […]

Money lessons start at home

Money lessons start at home

NEW DELHI: Including personal finance in school curricula is a favourite idea of many. They believe children should learn financial concepts at school to be better with money as adults. However, this is a difficult view to advocate. A school has its role in shaping the child, and the parents have theirs. Children pick up […]

Most US Colleges' Costs Exceed Federal Loan Limits

Most US Colleges' Costs Exceed Federal Loan Limits

With college growing more and more expensive by the day, many students have no choice but to take on debt to finance their education. And unfortunately, today’s federal loan limits keep many students from accessing the financing they need to obtain their degrees. An estimated 70% of U.S. colleges charge tuition and fees that exceed […]

Berkshire Hathaway profit surges as economy gives Buffett a boost

Berkshire Hathaway profit surges as economy gives Buffett a boost

By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said quarterly operating profit rose 67 percent, as insurance underwriting rebounded and several business units benefited from a growing economy. Results easily topped analyst forecasts. Underwriting profit at the Geico auto insurance unit more than quintupled, the BNSF […]

NRA has major financial issues – but could it really collapse?

NRA has major financial issues – but could it really collapse?

The National Rifle Association (NRA) may be the most powerful gun lobbying group in the world.  Each year, the organisation blocks significant gun control research and legislation in Congress, while influencing local and national elections through funding, media and outreach to its self-reported five millions members.  This week, however, the NRA became the focus of […]

SAIL, Titan, ONGC and Shriram City Union Finance among top stocks to track today

SAIL, Titan, ONGC and Shriram City Union Finance among top stocks to track today

NEW DELHI: Mixed Asian cues and Nifty futures on Singapore Stock Exchange (SGX) signalled a gap-up opening for the domestic equities on Friday. At 08:12 am, the Nifty futures on SGX traded 47.50 points or 0.42 per cent higher at 11,325.50. Here’s a look at the top stocks that may hog limelight in today’s session […]

Morning Brief: China's ready to retaliate to US tariff threat

Morning Brief: China's ready to retaliate to US tariff threat

Thursday, August 2, 2018 What to watch today On Thursday, 48 members of the S&P 500 will report earnings, with results from CBS (CBS) probably the most anticipated among investors. CBS CEO Les Moonves remains under intense scrutiny after The New Yorker reported last week that Moonves sexually harassed six employees in incidents dating back to […]