Within 18 months of leaving his trading job to open a lunchtime eatery at the Dubai financial center in 2011, Nabil Al Rantisi was back: selling stocks and rebuilding one of the city’s largest brokerages.
Coupons.com Inc., which took coupon clipping to the Web in 1998, almost doubled in its debut after the online discounter raised $168 million in its initial public offering, pricing the shares above the marketed range.
Following the Standard & Poor’s 500 Index’s record high in November, will stocks continue their ascent amid what’s likely to be lackluster global expansion in 2014? In September, the U.S. Federal Reserve’s unexpected delay in tapering its stimulus program whipsawed debt markets. Where should bond investors go for returns?
Saudi Arabia, the world’s biggest oil exporter, may allow foreigners to invest directly in stocks in the next year, said John Burbank, founder of $3.7 billion San Francisco-based hedge fund Passport Capital LLC.