Research experts from Meristem Securities Limited have predicted the growth rate of the equities section of the Nigerian Stock Exchange for the year 2013 to be 11.05 per cent. According to the analysts, the NSE’s All-Share Index is expected to close at the level of 29,977.10 basis points at the […]
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Alibaba Said to Hire Credit Suisse, Goldman for $4 Billion IPO
Alibaba Group Holdings Ltd., China’s biggest e-commerce company, hired Credit Suisse Group AG and Goldman Sachs Group Inc. (GS) to arrange an initial public offering, said two people with knowledge of the matter. The IPO may raise $3 billion to $4 billion in Hong Kong this year, said one of […]
More upside than downside for housing in 2013: Goldman Sachs
Investors will get a fresh update on the state of the U.S. housing market later on Wednesday, with an index of sentiment among home builders set to show a tickup, though not over that key reading of 50 that shows more builders are seeing selling conditions as better, not worse. […]
