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Showing posts from June, 2013

The IPO for fast-casual restaurant Noodles & Company opened for trading at $32 after pricing 5,357,143 shares at $18, above the expected $15-$17 range

Positive rumors about TEVA, RKUS and XIDE prices going up

Lenevo in talks to acquire BBRY

BlackBerry - ready for a funeral

Stock exchange CRASH 2014 predicted @ 98%

Joy Global JOY, a mining equipment manufacturer - takeover rumors

Rumors about Makerbot Acquisition in the air, however Makerbot declined to comment on the rumor

Carmike Cinemas Inc. have the value to attract a takeover bid. Regal Entertainment Group, Cinemark Holdings Inc. and AMC may be the potential acquirers

IPS All Natural, food company based in LA, has launched chips made with egg white

Drought impact lessens, SunRice profits up

30% stake of Egypt's Edita Food being acquired by Actis for $102m

Arbor Investments, US-based private equity firm acquired The New French Bakery

Kellogg launches frozen foods in US

Oaktree acquires Panrico

Nestlé plans for establishment of a new global Product Technology Center (PTC) with an investment of $53m.

General Mills plans for a range of new products this week as it improve sales, specially in the yoghurt division.

McCormick views India and China for growth

EU car sales hit 20-year low in May - Ford to recall 465,000 vehicles,Nissan recalls over 800,000 vehicles & Chrysler to recall 2.7m Jeeps

Spyker, the owner of Saab plans new court action against General Motors which claims to have lost $3bn (£1.95bn)

Production @ Bajaj Auto's plant near Pune stagnant for the second day on Wednesday

Amtek Auto grabs 51.3% stake in JMT Auto

Rane Diecast Ltd (RDL) will be merged with Rane (Madras) LtdBSE -1.57 % (RML) with retrospective effect from April 1, 2013

CIPLA is a very slow mover and requires lot of patience

Aurobindo Pharma to produce key HIV drugs

Sun Pharmaceutical Industries Ltd. to rise by 30 to 35 units with the downfall of Ranbaxy

ONGC expected to increase about Rs. 8,000 crore in profits annually bcus of the increase in gas prices

S&P 500 closed Friday's session with its strongest first half of any year since 1998

Morgan Stanley Asia purchased 10.80 lakh shares of Vijay Mallya's United Spirits Ltd for an estimated amount of Rs. 229 crore.

US stock exchanges are expected to open on Wednesday

Centrum Finance - about to give 5:1 bonus

Hero MotoCorp and BPCL are ready to fly high again

HDFC - pick right now; IndusInd Bank - the short-term investment

Two factors can possibly take the markets up in upcoming days. 1. The Hindustan Unilever ( HUL ) buyback; if there is a decent response to it and 2. We see dollars coming in and the rupee hardening a bit more

All airlines (except Air India) reduced fares on key domestic routes such as Delhi-Mumbai, Delhi-Bangalore, Mumbai-Bangalore.

GAS price hike The natural gas prices would double from the current $4.2 mmBtu (million British thermal unit) to $8.4-8.5 per mmBtu. This is the first hike in gas prices in three years and will come in effect from April 1, 2014.

The yen continues to improve over USD this week, and is expected to improve further

Dollar price to go further high to INR 60 in the upcoming days

Union government announced an increase in the gold import duty to 8% from 6% in the beginning of June

United Spirits hiked by 1.62% to Rs 2,370.95 at 15:22 IST on BSE after 0.17% equity changed hands in four bulk deals on the BSE on 14 June 2013.

RInfra Central Disaster Control Room starts operation to handle monsoon exigencies

BHEL - one-time Rs 870 cr expense with BHPV amalgamation

CBI files case against Jindal Steel, shares down by 15.4 percent