Shares of energy major Essar Oil rose over 3 per cent on the Bombay Stock Exchange today, after the company's parent firm Essar Energy
announced its plans to list on the London Stock Exchange.
After opening on a weak note, the scrip zoomed 5.59 per cent to touch a high of Rs 153.85. In a negative market, the stock pared some of its gains and finally settled the day at Rs 150.40, up 3.23 per c
Stocks News
Essar Oil jumps 3% on Essar Energy's LSE listing plan
Posted by TakashiiY 154 days ago (http://economictimes.indiatimes.com)Arrow, Apollo find new gas source
Posted by LaniMiles 154 days ago (http://www.egoli.com.au)
Arrow Energy Limited (AOE) has said that along with partner Apollo Gas Limited (AZO) they have identified a new gas resource outside of Newcastle, NSW. Arrow described the preliminary gas test results as ‘excellent’ and said it was moving ‘rapidly’ towards reserve certification.
Watch it on Kingfisher; Spicejet stabler: Ashit Suri
Posted by TakashiiY 154 days ago (http://economictimes.indiatimes.com)
Considering that Kingfisher has a current debt of almost Rs.78 crore, additional debt being taken on by Kingfisher, is this something that would possibly go down well with investors?
TriQuint: Earnings Estimate Scorecard
Posted by colemendelson 157 days ago (http://seekingalpha.com)
Estimates for TriQuint (TQNT) have been on the rise following the upgrade in outlook for the first quarter of 2010 by the company.
TriQuint now expects revenue of $175 million in the quarter, up 47% year over year and up from the previous guidance of $170 million – $175 million.
Earnings per share is now projected at 11 cents, compared to the earlier forecast of 8 – 10 cents.
TriQuint now expects revenue of $175 million in the quarter, up 47% year over year and up from the previous guidance of $170 million – $175 million.
Earnings per share is now projected at 11 cents, compared to the earlier forecast of 8 – 10 cents.
Asian shares shine; Dai-ichi Life debuts higher
Posted by colemendelson 157 days ago (http://www.marketwatch.com)
Asian shares shone across the region Thursday, with Japan's major stock index closing at a new 18-month high after a bright trading debut by Dai-ichi Life Insurance Co. and data showing improved business sentiment, while signs of a pickup in manufacturing activity boosted shares in China. The Bank of Japan's quarterly tankan survey of business sentiment released Thursday showed significantly less
3 Forces Weighing on Bonds
Posted by HassanAhmad 156 days ago (http://seekingalpha.com)
Bonds are in the “fixed-income” category, and that label describes their weakness. Their return comes from a series of unchangeable (fixed) income payments, followed by a large “face value” payment (usually $1,000 per bond) at the bond’s “maturity” date. That may sound tempting in uncertain times, but when conditions improve, bonds often don’t. (For this discussion, I am assuming the bond issuer’
Interest Rate Hike Affects on Bond and Equity Markets
Posted by HassanAhmad 156 days ago (http://seekingalpha.com)
The economy and the markets have been gaining ground, aided by a slew of governmental policies. The lax monetary policy won’t last forever and a rising interest rates will deal a blow to the bond market, but will it also deal a blow to stocks and exchange traded funds (ETFs)?
Strategists and analysts believe that policymakers will begin to incrementally raise rates in about six months, and the
Strategists and analysts believe that policymakers will begin to incrementally raise rates in about six months, and the
Stocks That Should Profit From eReaders
Posted by HassanAhmad 156 days ago (http://seekingalpha.com)
Mark Bernstein, CEO of Xerox’s (XRX) Palo Alto Research Center has described the eReader/eBook as the next disruptive technology while Steve Haber, President of Digital Reading at Sony’s (SNE) Sony Electronics unit calls it 'The beginning of the moment’.
MediaIDEAS estimates sales of eReaders worldwide to reach 6 million units in 2010 from 1.1 million in 2008. The research firm projects worldw
MediaIDEAS estimates sales of eReaders worldwide to reach 6 million units in 2010 from 1.1 million in 2008. The research firm projects worldw
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