STOCKS NEWS MIDEAST-Egypt tumbles 5.1 pct on capital gains tax – Yahoo Maktoob News
Aramark announced the pricing of the previously announced secondary offering of 20,000,000 shares of its common stock to be sold by certain of its stockholders at a price to the public of $25.50 per share. In addition, certain of the selling stockholders have granted the underwriters an option to purchase up to 3,000,000 additional shares of common stock. The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by Aramark.
$10K investment in NetScout Systems shares on January 2nd of this year is worth $13,478 as of market close Friday, leading all 55 companies in this index. Worst performing stocks in the index year-to-date include Marketo (NASDAQ: MKTO), down 37.47%; Veeva Systems (NYSE:VEEV) down 34.7%, BrightCove (NASDAQ:BCOV) down 33.03%, Barracuda Networks (NYSE:CUDA) down 25.68% and Cornerstone OnDemand (NASDAQ: CSOD) down 24.61%. $10K invested in Marketo (NASDAQ: MKTO) shares on January 2nd of this year is worth $6,095 today; in Veeva Systems (NYSE:VEEV), $6,483.00. Whos Delivering The Best Returns The following graphic compares the value of $10,000 invested on January 2ndof this year in the highest performingcloud computingstocksin addition toIBM,Microsoft,OracleandSAP. Please click on the graphic to expand for easier reading.
3 simple rules to make money in stocks – Rediff Getahead
The tax plan is “putting at risk all optimism” related to Egypt’s political transition and last week’s election to the presidency of former army chief Abdel Fattah al-Sisi, who was favoured by the market, Mourad said. “The damage is done.” Although Sisi’s victory was favoured by the market, unexpectedly low voter turnout disappointed some investors by suggesting his popular mandate might not be as strong as initially hoped. —————————————————— 0650 GMT – Most stocks in the United Arab Emirates and Qatar added to MSCI’s emerging market index pull back after making a sustained surge ahead of the upgrade. Dubai port operator DP World heads losers, tumbling 6.7 percent. Abu Dhabi Commercial Bank and National Bank of Abu Dhabi drop 5.7 and 3.2 percent respectively.
Best- And Worst-Performing Cloud Computing Stocks May 23rd To May 30th And Year-To-Date – see here Forbes
SOLAR ECLIPSE: Sunglasses retailer Pacific Sunwear dropped 52 cents, or 17 percent, to $2.42. The company warned investors that would report a two-cent loss this quarter versus the two-cent profit that analysts had expected. SLOW LANE: Clothing chain Express sank $1.23, or 10 percent, to $12.40 after the company also cut its full-year forecast. Express also said it plans to close roughly 50 stores.
Stocks slip on consumer spending, sentiment data – Yahoo Finance
Recently I met somebody who wanted to invest about Rs 10 lakh to 15 lakh. I gave him 3 to 4 names. He wanted more. He wanted about 8 companies in which he would invest Rs 15 lakh — about Rs 2 lakh per company.