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Market News

Location American Market News for 1 November 2012

AIG Swings to Profit, Beats Expectations

Wall Street Journal - 2 Nov 2012 01:19
American International Group swung to a third-quarter profit of $1.9 billion, driven by a drop in costs tied to natural disasters and improvements in several lines of business.
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GM Cruises On U.S. And China Strength But Europe Is Still A Worry General Motors announced its Q3 earnings on Wednesday and showed that European losses worsened but North America continued to churn out decent profits. GM’s results are similar to Ford Motors' which were announ...
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America's Best Cities For Finding A Job

Forbes - 2 Nov 2012 01:07
America's Best Cities For Finding A Job Juju.com releases a monthly Job Search Difficulty Index, which measures the difficulty of finding employment in 50 major cities around the country. The Index is calculated by dividing the number of unemployed workers in ...
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Centamin shares lose their shine as trading resumes Investors were free to trade shares in the FTSE 250 gold miner
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The Impact of Hurricane Sandy

Forbes - 1 Nov 2012 22:15
The Impact of Hurricane Sandy A look at the wake of one of the biggest storms to ever hit the East Coast.
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Sandy Aftermath: Insurers Could See A Quarter Of Earnings Wiped Out Estimates of the financial toll of Hurricane Sandy are already in the tens of billions of dollars and likely to rise further. Insurers and reinsurers are expected to have exposure to about half the total, but for investo...
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The World's 25 Biggest Oil Companies

Forbes - 1 Nov 2012 21:38
The World's 25 Biggest Oil Companies Not just the usual suspects; state-owned giants dominate this list
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Despite Election Worries Chartist Says To Go All In On Stocks Famed money manager and prescient bubble spotter Jeremy Grantham is worried about the market. He wants nothing to do with the stocks in 2013 --except the very biggest blue chips. Hedge fund great Jim Rogers is likewise f...
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12 Safe Dividend Stocks For The Market Storm High-yielding dividend stocks for opportunistic investors.
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10 Blue Chip Stocks With Fat Dividends

Forbes - 1 Nov 2012 18:47
10 Blue Chip Stocks With Fat Dividends DividendChannel.com creates a proprietary ''DividendRank'' by screening through our coverage universe of large cap, dividend paying stocks, to look at a variety of data ? dividend history & yield, book value, quarterly e...
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Stocks Shoot Higher As Data Reinforce Recovery Strength U.S. stock stocks are trading higher Thursday morning after encouraging employment data. ADP reported that the economy added 158,000 private sector jobs last month, while new jobless claims fell 9,000 to 363,000.
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Stocks Jump On Jobs Numbers: Rising ADP Sparks Hope For Nonfarm Payrolls After a quiet resumption of trading Wednesday the U.S. stock market got off to a fast start Thursday, as investors embraced a pair of improved reports on the job market.
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Earnings help bolster FTSE 100

Telegraph - 1 Nov 2012 14:57
Earnings help bolster FTSE 100 BT, Lloyds and BSkyB gave a lift to the blue-chip index.
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Long Recovery Ahead for Battered Region

Wall Street Journal - 1 Nov 2012 08:19
Tens of millions of people braved traffic and patchy public transit to return to work after Sandy's destructive passage, while others sought only to create a semblance of modern life without electricity, running water an...
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Japanese Banks Look Overseas

Wall Street Journal - 1 Nov 2012 08:18
The focus to finance investment abroad is partly driven by the lack of domestic demand for loans. But heftier profit margins have played a part, too.
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Wall Street Sputters Back to Life

Wall Street Journal - 1 Nov 2012 06:53
Powered by generators, surrounded by flooding and staffed at partial strength, the Big Board cranked back to life for the first time since Sandy swept the East Coast. The Dow industrials closed down 10.75 points at 13096...
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Greek Austerity Pressure Rises

Wall Street Journal - 1 Nov 2012 06:13
Greece's parliament narrowly approved a law giving the government greater flexibility to privatize public utilities, but the fractious vote underscored a widening rift within the ruling coalition.
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The New York Stock Exchange got it right closing for two days in response to the storm on the East Coast, writes David Weidner.
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Banks See Mortgage Requests Rising

Wall Street Journal - 1 Nov 2012 05:14
Americans are increasingly asking their banks for mortgages but banks are wary of lending money to buy homes, a trend that could crimp the housing recovery.
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MetLife Posts Loss on Annuity Charge

Wall Street Journal - 1 Nov 2012 03:30
MetLife swung to a third-quarter loss as the life insurer recorded a hefty impairment charge, though operating profit improved.
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