Bajaj Housing Finance IPO: Bajaj Housing Finance, a non-deposit taking housing financier and the wholly owned housing finance subsidiary of Bajaj Finance, is expected to make its debut on the D-Street in early September, as per information from market sources reported by livemint. Investors are eagerly anticipating details about the price band and bidding dates
Four months after the State Council, China’s cabinet, unveiled a nine-point document aimed at restoring investors’ confidence and attracting long-term funds, the market is back in a downward spiral after a relief rally. There are telltale signs of investors shunning stocks: turnover on the Shanghai and Shenzhen exchanges has plunged to a four-year low, the
ETFs, as an investment vehicle, cover all types of asset classes, and index and active funds are seeing strong adoption across diverse areas. This is especially true as the global ETF industry saw a record-breaking 1,063 new ETF launches in the first seven months, surpassing the previous record of 988 recorded in the same period
Wall Street inched toward marginal gains early Wednesday with a focus on the retail sector a day after markets suffered their first losing day in nearly two weeks. Futures for the Dow Jones Industrial Average and S&P 500 each ticked up 0.2% before the bell. Target shares jumped 13.4% after the Minneapolis retailer reported that
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: When the economic cycle actually turns, the biggest drivers of the stock market will change. An obvious statement, perhaps. But the current market rebound is being led by the same handful of Big
UBS Group AG’s (UBS Quick QuoteUBS – Free Report) division — UBS Asset Management — has entered into a definitive agreement to divest the management of its Quantitative Investment Strategies (QIS) business to Manteio Partners LLC and its affiliates. The transaction is expected to close in the fourth quarter of 2024, subject to regulatory and
By Naomi Rovnick LONDON (Reuters) – Big investors are bracing for this summer’s stock market rout to run into the autumn, fearing a broader wave of selling will follow the turmoil sparked by U.S. recession concerns and the Bank of Japan wrong-footing currency speculators. The sudden reversal of crowded equity and foreign exchange trades that
American Airlines’ (AAL Quick QuoteAAL – Free Report) financial stability is increasingly jeopardized by high operating expenses and low liquidity. Elevated costs, including labor, fuel, and repairs and maintenance, further strain the company’s bottom line. Also, low liquidity impedes its ability to meet obligations, making it an unattractive choice for investors’ portfolios. Let’s delve deeper.
Warren Buffett is considered one of the greatest investors of all time, and he has the track record to prove it. He took Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) from a struggling textile business in the 1960s to a massive conglomerate worth $900 billion today by buying highly valuable businesses at a fair price. Since
Reginald Mathalone / NurPhoto / Shutterstock.com As of the second quarter of 2024, the average sales price of homes in the U.S. was $501,700, according to Federal Reserve data. In comparison, the average sales price was $340,600 just five years ago. During certain times — such as in a recession — you may see dips