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Market News

Location American Market News for 18 March 2013
Wall Street Institutions Behind Home Price Surges In Markets Like Phoenix It's no secret that Wall Street has been bullish on real estate. Housing stocks have surged over the past year, many teetering on the edge of overbought, and billionaire investors like Warren Buffett have been exceedingl...
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Daily Wrap: 3/18/2013

Forbes - 18 Mar 2013 22:59
Stocks dropped again today, but were off earlier lows as investors worried about Cyprus' plan to take money from bank deposits in order to find a bailout. Throughout the day, amendments to the original plan seemed to cal...
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Salem Communications Corporation (SALM) announced its quarterly dividend of 5 cents per share, an increase of about 43% over its prior dividend in December of 3.5 cents. The cash distribution will be paid on April 1, 201...
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Gold: Power and Allure, 4,500 Years of Gold Treasures from Across Britain Gold exhibition at the Goldsmiths' Hall in London
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Blue Chips Slide

Wall Street Journal - 18 Mar 2013 22:35
Bank shares led stocks lower as investors weighed whether Cyprus's bailout plan would lead to broader weakness in the euro zone's financial system.
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Salem Communications Corporation (SALM) announced its quarterly dividend of 5 cents per share, an increase of about 43% over its prior dividend in December of 3.5 cents. The cash distribution will be paid on April 1, 201...
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Cyprus Postpones Debate on Deposit Tax

Wall Street Journal - 18 Mar 2013 22:10
Cyprus put off for another day a debate on a bank-deposit levy and said its banks would remain closed until Thursday, as the government sought more time to avert a collapse of its banking sector.
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Yen Shows Off Its Safe-Haven Status

Wall Street Journal - 18 Mar 2013 21:56
The beaten-down yen showed Monday it hasn't given up a status that has defined it through turbulent markets in recent years: a safe-haven currency.
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SAC to Investors: Scrutiny Isn't Over

Wall Street Journal - 18 Mar 2013 21:28
SAC President Tom Conheeney said on a conference call Monday that while the recent $616 million insider-trading settlement are "an important step forward," it doesn't mean "everything is cleared up."
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Argentina Accuses HSBC of Facilitating Money Laundering

Wall Street Journal - 18 Mar 2013 20:56
Argentina's government says it has filed charges against the local subsidiary of British bank HSBC, accusing the company of helping third parties to engage in tax evasion and money laundering.
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Analyst Moves: HMA, ODP

Forbes - 18 Mar 2013 20:55
Health Management (HMA) was upgraded by Jefferies (JEF) to buy with a price target of $14.50 as recent health care reform issues should serve as a catalyst for growth.
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Analyst Moves: ABC, SJM

Forbes - 18 Mar 2013 20:31
AmerisourceBergen (ABC) was downgraded to neutral by UBS (UBS) as the company is trading at a premium to its peers, and projected EPS growth does not seem to justify this.
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The Lower Cost Way To Play Apple, Google And Amazon: Mini Options Hit The Market Investors are getting a new addition to their toolkit this week, with the debut of mini options contracts on a handful of individual tickers – three stocks, the popular S&P 500 SPDR and the GLD gold trust.
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(Kitco News) - The change in speculative positioning for precious metals was mixed in the most recent reporting period for data compiled by the Commodity Futures Trading Commission, with traders adding to bullish gold...
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Inside eBay Billionaire Pierre Omidyar's Battle To End Human Trafficking Can a portfolio solve one of the world's biggest scourges? The billionaire founder of eBay and his wife, Pam, are going after human trafficking in the boldest test yet of philanthropic investing.
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No Accounting For Auditor PwC At Levin's Whale Hearing You might think that when shareholders pay a firm $105.5 million in audit and audit-related fees for an opinion on whether the financial statements presented fairly, in all material respects, the financial position of�...
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In trading on Monday, waste management shares were relative leaders, up on the day by about 1%. Leading the group were shares of Swisher Hygiene (SWSH), up about 14.3% and shares of Veolia Environnement (VE) up about 0.1...
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Is The End Of Gigantic, Unfair, And Absurd CEO Pay Near? CEO (Chief Executive Officer) pay is like an out of control wildfire with firefighters who have seemingly all but giving up combating a blaze they deemed too infernal to extinguish. With great help from Forbes statistici...
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Best Bull Market Sectors

Forbes - 18 Mar 2013 16:21
Best Bull Market Sectors Being in the right sector since the bull market started in March 2009 has made a big difference in your portfolio?s performance and MoneyShow?s Tom Aspray reviews what signals identify the market leading sectors.
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The Benefits of Free Trade Defined: The Consumer Always Wins Free trade is beneficial, but first you must understand that "Voluntary trade benefits both sides." Anyone who has taken a basic macroeconomics course has listened to, repeated and written this maxim dozens of times. Yet...
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Cyprus Sets Up Opportunity To Buy The Dip

Forbes - 18 Mar 2013 15:24
Cyprus Sets Up Opportunity To Buy The Dip At this point, I'm sure everyone has read or heard more than they need to about the Cyprus tax/bailout scenario, so I'm not going to get into it. I think that it's good that they are holding the entire country accountabl...
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Top Value Stocks in the Emerging Markets

Forbes - 18 Mar 2013 15:24
Top Value Stocks in the Emerging Markets A weekly look at the highest ranked stocks to buy in the big emerging markets of Brazil, Russia, India and China, based on the valuation models at equity forecasting firm ValuEngine.com. In other words, these company nam...
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