Dalal Street: Dalal Street Week Ahead: Market to stay highly stock specific

In the previous technical commentary and forecast, it was anticipated that this week may see some ranged consolidation. It was also expected that such consolidation may have ranged moves and some profit-taking bouts from the higher levels. However, the downsides were expected to stay limited. While dancing exactly to these tunes, the markets spent the … Read more

Twitter v. Musk: Why the Court of Chancery Will Never Order Specific Performance.

Text size A court could compel Tesla chief executive Elon Musk to purchase Twitter, but could it compel him to operate it in the best interest of shareholders? Al Drago/Bloomberg About the author: Carliss Chatman is associate professor at Washington and Lee University School of Law. When Elon Musk decided to terminate his $44 billion … Read more

Consumer duty rules will not enforce use of specific comms channels

The Financial Conduct Authority (FCA) has ruled out forcing financial services companies to use specific communication channels. It has instead insisted communications should be effective regardless of the channel of communication used – whether face-to-face, on the telephone or online. In its consumer duty guidance, published today (27 July), the regulator said each communication should … Read more

This investing veteran says hot inflation and a tight Fed call for a shift in strategy. He likes 3 specific areas for protection

‘The tide has changed’: This investing veteran says hot inflation and a tight Fed call for a shift in strategy. He likes 3 specific areas for protection 2022 continues to give growth stocks — particularly those in the tech sector — a blunt reality check. The tech-centric Nasdaq index is down 24% year to date, … Read more