For entrepreneurs, it's not always easy to know if and when they should sell their company. But it's "one of the biggest questions you can be posed as an entrepreneur," Twitter co-founder Ev Williams recently wrote on Medium.
MUMBAI: Online marketplace Snapdeal is in talks with US online payment system PayPal to sell Freecharge, three people with knowledge of the development told ET. The deal would value the online recharge company at around $500 million, they said, compared with the $400 million that Snapdeal paid for it in 2015. "This will free up to a great deal Snapdeal’s desperate need for funds at a time when investors are not willing to put money into its business," one of people said.
Oslo (AFP) - Norway's state pension fund, the world's biggest sovereign wealth fund, will have to sell its stakes in companies with a significant exposure to the global coal sector, a parliamentary committee said.
MOST of the news out of the American economy has been relatively good, of late, at least by comparison to the news we were getting over the summer. Consumer confidence is up. Third quarter GDP rose by more than originally estimated. There are even hints that the labour market may be close to a recovery speed sufficient to actually bring down the unemployment rate. Things are far from rosy, but they're rosier than they've looked in some time.
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“Use your brain” might just be bad investment advice.
That’s right, Einstein – it’s possible to think too much when it comes to trading.
Sometimes we can’t help ourselves. Human curiosity gets the best of us and we get caught up in why and forget about what.
With stocks soaring, now that the "Brainard" risk factor has been fully unwound after the Fed governor's surprisingly dovish speech which has essentially killed any probability of a September rate hike and unleashing today's ""Violent Rally In Risk" Today" as predicted earlier, one would expect that there is only smooth sailing not only until the September 21 FOMC meeting, leaving only the post-election December 13-14 Fed meeting potentially in play.
Bidding Wars StopWith cash-paying investors on full retreat, existing home sales dropped 1.8% in August, according to the National Association of Realtors. Lawrence Yun, NAR chief economist says that's a good thing because "first-time buyers have a better chance of purchasing a home now that bidding wars are receding and supply constraints have significantly eased in many parts of the country.”
ByRichard Cox:When we look at the currency markets, one of the biggest stories of the year has been the massive reversal in the Euro versus the Dollar (the EUR/USD forex pair). At its heights, the EUR/USD came within a few ticks of the closely watched 1.40 mark, only to stall and begin falling shortly after. Moves like this are not altogether surprising, as the forex markets are often directed by buy or sell orders that are placed within close proximity to big round numbers.