By Scott Murdoch and John Biju SYDNEY (Reuters) -Australia’s Orora Ltd shares spiked more than 15% after it said on Tuesday it had rejected a A$3.42 billion ($2.25 billion) takeover offer from U.S. private equity firm Lone Star Fund, claiming the offer materially undervalues the packaging products maker. Under the offer, Orora shareholders would have…
STOCK (FUTURE / CASH / OPTION ) NIFTY (FUTURE / OPTION) BANK NIFTY (FUTURE / OPTION) FUTURE STOCK TIPS: AARTIIND (AUG. FUT.) BUY ABOVE 736 TGT 738/740/742 S/L 735 AND SELL BELOW 734 TGT 710/690/670 S/L 735 MARICO (AUG. FUT.) BUY ABOVE 638 TGT 640/650/660 S/L 637 AND SELL…
I’m going to start today’s article with a digression into Chinese history and military psychology. I hope you get the drift of how the story relates to trading gold stocks. So bear with me… It is 198 AD in Ancient China. The prime minister, Cao Cao, was consolidating his power in the Yellow River basin….
Dear {% if user.firstname == blank %}Reader{% else %}{{user.firstname | capitalize }}{% endif %}, Тhey [Romans] were forced to debase the currency. Debasing the currency for them was the same as borrowing is for us. It basically shifts the cost of solving your problems on to the future. Now, you can do that if the…
A trader who continues to build his following with timely altcoin calls believes one Solana (SOL)-based memecoin is gearing up for a massive upside move. Pseudonymous analyst Bluntz tells his 268,500 followers on the social media platform X that dogwifhat (WIF) looks to be setting up to break out from a falling wedge formation. The…
As the release of the Consumer Price Index (CPI) report looms, traders are bracing for potential market volatility. The CPI is one of the most closely watched economic indicators, as it provides insights into inflation trends that can significantly influence market movements. In today’s Trading Digest, we’ll explore the implications of the upcoming CPI report…
by Calculated Risk on 8/12/2024 07:10:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Effectively Unchanged to Begin New Week Today was completely different than the previous Monday in that it was a normal, boring day with essentially no change in mortgage rates over the weekend.…This could change in the coming days as…
(Any views expressed here are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Water, water, every where, And all the boards did shrink; Water, water, every where, Nor any drop to drink. – Coleridge,…
Image source: Getty Images How much cash do you need to live off of dividend income? It’s a question that many Canadians are asking these days. The Canada Pension Plan (CPP) doesn’t pay enough to live off of, and apart from the Government, employers don’t usually pay defined benefit (DB) pensions anymore. So, you need…
Financial services industry consultant John Reed Stark has raised concerns about Morgan Stanley’s recent move to permit its wealth advisors to recommend spot Bitcoin ETFs to clients. Stark, president of a consulting firm based in Bethesda, Md., warned that this decision could invite substantial regulatory scrutiny. In a post on X, Stark suggested that Morgan…