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Market News

Location American Market News for 23 November 2012

Vettel eyes historic treble

CNN - 23 Nov 2012 23:26
Sebastian Vettel finished second fastest in Friday's practice ahead of Sunday's title showdown with Fernando Alonso.
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Blue-chips surge into the weekend

Telegraph - 23 Nov 2012 20:25
Blue-chips surge into the weekend The FTSE 100 booked its biggest weekly rise this year.
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Report: Feds Tried To Get Martoma To Turn On SAC Capital's Cohen Authorities have snared a number of former associates of hedge fund heavyweight Steve Cohen on insider trading charges, but to date have not charged the billionaire himself with any wrongdoing. That may not be for lack o...
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Dow's Black Friday: Up 100 Points

Wall Street Journal - 23 Nov 2012 19:43
Stocks looked set to mark their biggest weekly gain since June, as major indexes rose broadly in an abbreviated session after the Thanksgiving holiday.
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Weekly Market Wrap November 23, 2012

Forbes - 23 Nov 2012 18:58
This forty seventh trading week of 2012 comes to a close with investors keeping a close eye on retailers as the holiday shopping season kicks off.
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In trading on Friday, general contractors & builders shares were relative laggards, down on the day by about 0.3%. Helping drag down the group were shares of Beazer Homes Usa (BZH), down about 1.9% and shares of Mdc Hold...
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In trading on Friday, cigarettes & tobacco shares were relative leaders, up on the day by about 2%. Leading the group were shares of Star Scientific (STSI), up about 7.9% and shares of Alliance One International (AOI) up...
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Guttierez ready to spice up Sauber

CNN - 23 Nov 2012 18:31
Mexico's Esteban Gutierrez will replace Kamui Kobayashi at Sauber next season after being promoted from his role as reserve driver.
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NASCAR's 'Bad Brad'

CNN - 23 Nov 2012 17:19
NASCAR champion Brad Keselowski talks to CNN's Carol Costello about winning and honoring the tradition of the sport.
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Brad Keselowski's 15th-place finish Sunday in Florida was more than enough for him to cinch his first ever Sprint Cup championship as NASCAR's top driver this year.
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Andretti: Poverty drove me on

CNN - 23 Nov 2012 16:37
Don Riddell talks with car racing legend Mario Andretti about his career and his operatic talents.
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Fangio vs. Senna: Who is the greatest?

CNN - 23 Nov 2012 16:36
Seven-time world champion Michael Schumacher, quadruple title winner Alain Prost, and contemporary pacesetters Sebastian Vettel and Fernando Alonso were all contenders in CNN's quest to find the greatest Formula One driv...
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Forbes Earnings Preview: Ralcorp Holdings

Forbes - 23 Nov 2012 16:23
Analysts expect decreased profit for Ralcorp Holdings (RAH) when the company reports its fourth quarter results on Tuesday, November 27, 2012. Although Ralcorp reported profit of $1.34 a year ago, the consensus estimate ...
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Green Mountain Coffee Roasters (GMCR) is hoping its fourth quarter earnings report on Tuesday, November 27, 2012 will help continue the momentum its stock price has enjoyed. Shares have risen 10.5% over the last three mo...
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PICC Sees Strong Demand for IPO

Wall Street Journal - 23 Nov 2012 13:27
The initial public offering of People's Insurance Co. of China, one of the biggest offerings in the world this year, is already largely sold just a day into order-taking.
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Lenders Rev Their Engines

Wall Street Journal - 23 Nov 2012 13:24
The booming market for auto lending is causing deal makers to kick into high gear.
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SABMiller shares bubble higher on upgrades

Telegraph - 23 Nov 2012 12:16
SABMiller shares bubble higher on upgrades The group has benefited from strong first-half results.
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Authorities Tried to Flip Trader in Insider Case

Wall Street Journal - 23 Nov 2012 12:08
A year before prosecutors charged Mathew Martoma with insider trading, they tried to get him to turn against his former boss and the founder of SAC, Steven A. Cohen.
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Investing in a Triple-A-Free Bond World

Wall Street Journal - 23 Nov 2012 11:45
Brussels Beat: Moody's downgrading of France reinforced a conundrum for many of Europe's top investors: how to cope with an increasing scarcity of prime-rated bonds, writes Stephen Fidler.
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Microwave Heats Up Market Speed

Wall Street Journal - 23 Nov 2012 07:27
Three of the largest exchange operators are looking to join the race to beam market data to traders via ultrafast microwave links.
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Venues for Bonds Fight for Traders

Wall Street Journal - 23 Nov 2012 07:27
Few money managers so far are signing up for a slew of new bond-trading systems. They first want to be sure which will succeed.
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EU Leaders Gird for Budget Brawl

Wall Street Journal - 23 Nov 2012 07:09
EU leaders brandished demands and threats as they arrived at their summit to get a deal on the bloc's budget, with the U.K. leading a pack of malcontents who talked down hopes of agreement.
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