Unstructured Finance

Auto index jumps 1.5 percent

April 30, 2010

The BSE Auto Index gained 1.5 percent on Friday with Hero Honda and Tata Motors posting gains of over 3 percent.

Check Out Line: What’s significant?

April 30, 2010

Check out Avon’s dose of disclosure.

Andrea Jung 2010The world’s top direct seller of cosmetics (led by Chairman and CEO Andrea Jung, shown here) topped analysts’ expectations with its quarterly profit.

Firm trading session for banking stocks

April 29, 2010


It was a good day for banking counters with the Bankex gaining 1.6 percent and ending as the second best sectoral performer.

Rich guys love their manSpanx for looking thin

April 29, 2010

neiman-marcusTo the relief of many women (and men for that matter) out there, Spanx introduced its cotton-compression undershirts for men in February this year.

Check Out Line: A smorgasbord of consumer earnings to parse

April 29, 2010

tide1Check out the smorgasbord of quarterly earnings in the consumer sector.

Among the many companies to report earnings on Thursday were P&G, Burger King, OfficeMax, Colgate,  Fortune Brands, Bunge, Kellogg, Safeway and Mead Johnson. As usual, there was something for investors of all stripes.

Gabbert spots side letters loophole

April 29, 2010

Earlier this month we reported that the Hedge Fund Standards Board had voiced its concerns over the increased use of so-called “side letters” — preferential deals offered to some clients that could disadvantage others.

DealZone Daily

April 29, 2010

Hewlett-Packard announces a $1.2 billion deal to buy Palm Inc. The deal is a bet that HP can resuscitate the struggling smartphone maker to compete with the likes of Apple and RIM. Reuters story here.

Morning line-up: Goldman, shorts and an overpaid nanny

April 29, 2010

News and views on the fund industry from Reuters and elsewhere:

tea.jpgThe overpaid nanny – Times

Profits buoyant in US – Reuters

Top 10 shorts and squeezes –  DataExplorers

Goldman in settlement talks – FT

Regulation summit kicks off – Reuters

Bad day for realty stocks

April 28, 2010

The BSE realty index ended 3.5 percent lower while the broader index dropped 1.7 percent to 17,380 points.