Good morning from the WSJ City desks in London. WSJ City is the app that delivers concise, smart news on business and finance for mobile. Download for iPhone or Android. Here’s essential reading on today’s developments. MUST READS …
The Dow Jones Industrial Average opened higher on Friday as the stock benchmarks attempted to shake off concerns about rising bond yields and inflation to finish the week on an uptrend. The Dow was up about 150 points, or 0.6%, at …
Take a look at this chart. It shows the performance of the most successful company in the world. One dollar invested in this company in 1968 was worth $6,638 yesterday (including dividends). That's an annual return of 20.6% per year for …
“After making historical highs around $180 on January 19, shares of Apple have quickly retreated by nearly 10% from those levels, and bearish momentum seems to be accelerating,” Andres Cardenal writes for The Motley Fool. “Stock prices …
Last week, the Securities and Exchange Board of India pulled up promoters of four companies -- Welspun Corp, Ackruti City, Murli Industries and Brushman India -- for allegedly rigging their own stocks. The promoters of these companies …
Our Safest Dividend Yields Model Portfolio underperformed the S&P 500 last month. The Model Portfolio rose 1.6% on a price return basis and rose 2.4% on a total return basis. The S&P 500 rose 4.5% on a price return and total return …
You have to marvel at the lengths to which the radio station operator Emmis Communications has gone to strip its preferred stock of voting rights and accrued dividends worth millions. And deal watchers will salivate over the clever legal …
There is no real gain from the grandfathering clause if stock itself crashes by a huge margin even if there are gains, which will be taxed at a later date and hence leaving investors with lower gains in hand The S&P BSE Sensex saw deep cuts …
The Trade Desk proved mortal following its third-quarter report. The stock plummeted 21% that week as weak guidance spooked investors. It was an odd sight, as The …
If recent comments made by Egypt's foreign minister are any indication, his divorce from reality may be near completion. Sameh Shoukry, Egypt's highest ranking diplomat, complained in a recent exclusive interview with Foreign Policy that …