Investment Management
* Google Inc. is initiating talks with nine U.S. metropolitan areas about bringing its high-speed broadband Internet service to consumers, as the search provider steps up competition with cable and phone companies. * The potential regions include 34 cities, from Portland, Oregon, and San Jose, California, on the West Coast to eastern U.S. cities Atlanta and Charlotte, […]
* Facebook Inc., the world’s largest social network, agreed to acquire mobile-messaging startup WhatsApp Inc. for as much as $19 billion in cash and stock, seeking to expand its reach among users on mobile devices. * The purchase would be the biggest Internet deal since Time Warner’s $124 billion merger with AOL in 2001, according to data compiled by […]
* Praj Industries Ltd., backed by billionaires Vinod Khosla and Rakesh Jhunjhunwala, plans to sell more water purification and waste-treatment plants to pharmaceutical companies and textile makers in India * The Pune-based company known for its ethanol plants expects to earn as much as a fourth of revenue in India from its water business in five years, Chairman Pramod Chaudhari said in […]
* On 21 Jan 2014 we advised to Buy GBP/CAD between $1.7980 and $1.8000. Target: $1.8500. Time Horizon: 1 Month Attainable Profit: 2.80%: http://www.bluephoenixfinancials.com/foreign-exchange-strategies/gbpcad-buy-ahead-jobs-data-vodafone-deal/ * At the time of our trade alert GBP/CAD was trading at $1.8000 * On 28 Jan 2014, GBP/CAD traded as high as $1.8563, above our target price of $1.8500 * GBP/CAD […]
* Danone, the world’s biggest yogurt maker, agreed to pay 486 million euros ($663 million) to more than double its stake in China Mengniu Dairy Co. as the nation’s demand for dairy products rises * Mengniu shares jumped the most in more than eight months to a record after the maker of Activia yogurt and […]
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