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Market News

Location American Market News for 5 April 2013

Rookie outshines MotoGP stars

CNN - 5 Apr 2013 23:12
World champion Jorge Lorenzo may have thought new teammate Valentino Rossi would be his biggest threat of the new MotoGP season, but a surprise name will be at the head of the grid for Saturday's revamped final qualifyin...
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In trading on Friday, precious metals shares were relative leaders, up on the day by about 1.6%. Leading the group were shares of International Tower Hill Mines L (THM), up about 8.4% and shares of Almaden Minerals Limit...
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With Frozen DoE Loan Payment Looming, Electric Automaker Fisker Lays Off Workforce: Reports Less than a month after the sudden departure of its founder and chairman, Fisker Automotive has reportedly laid off the majority of its rank-and-file employees, retaining top management to pursue a sale of its remaining ...
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Franco-Nevada Ex-Dividend Reminder

Forbes - 5 Apr 2013 16:20
Franco-Nevada Ex-Dividend Reminder Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Franco-Nevada Corp (NYSE: FNV) will trade ex-dividend, for its monthly dividend of $0.06, payable on 5/24/13. As a percentage of FNV's recent sto...
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Gold Resource Corp About To Put More Money In Your Pocket Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Gold Resource Corp (AMEX: GORO) will trade ex-dividend, for its monthly dividend of $0.06, payable on 4/25/13. As a percentage of GORO's recent s...
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Potash Corp. of Saskatchewan Goes Ex-Dividend Soon Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Potash Corp. of Saskatchewan Inc. (NYSE: POT) will trade ex-dividend, for its quarterly dividend of $0.28, payable on 5/2/13. As a percentage of ...
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Aetna Ex-Dividend Reminder

Forbes - 5 Apr 2013 16:11
Aetna Ex-Dividend Reminder Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Aetna Inc. (NYSE: AET) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 4/26/13. As a percentage of AET's recent stock pri...
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Bag SEP Even Cheaper Than Its Secondary?

Forbes - 5 Apr 2013 16:08
Bag SEP Even Cheaper Than Its Secondary? Looking back to 2 days ago, Spectra Energy Partners LP (NYSE: SEP) priced a 4,500,000 share secondary stock offering at $37.25 per share. Buyers in that offering made a considerable investment into the company, expecting...
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Grab Ares Capital Corporation Even Cheaper Than Its Secondary? Looking back to 2 days ago, Ares Capital Corporation (NASD: ARCC) priced a 16,650,000 share secondary stock offering at $17.61 per share. Buyers in that offering made a considerable investment into the company, expecting...
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Potash Corp. of Saskatchewan Ex-Dividend Reminder On 4/9/13, Potash Corp. of Saskatchewan Inc. (Toronto: POT) will trade ex-dividend, for its quarterly dividend of $0.28, payable on 5/2/13. As a percentage of POT's recent stock price of $40.12, this dividend works out t...
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Richelieu Hardware About To Put More Money In Your Pocket On 4/9/13, Richelieu Hardware Ltd. (Toronto: RCH) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 4/25/13. As a percentage of RCH's recent stock price of $39.58, this dividend works out to approxi...
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Ex-Div Reminder for Franco-Nevada Corp

Forbes - 5 Apr 2013 16:01
Ex-Div Reminder for Franco-Nevada Corp On 4/9/13, Franco-Nevada Corp (Toronto: FNV) will trade ex-dividend, for its monthly dividend of $0.06, payable on 4/25/13. As a percentage of FNV's recent stock price of $44.48, this dividend works out to approximately ...
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BOJ Easing Jolts Japan's Markets

Wall Street Journal - 5 Apr 2013 14:24
A day after the Bank of Japan announced a massive monetary policy easing program, Tokyo stocks soared in early Friday trading, hitting their highest level in four years and seven months. The Nikkei was up 4.3%.
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Treasury Prices Hit Highs for Year

Wall Street Journal - 5 Apr 2013 13:14
Prices for U.S. Treasury bonds hit their highest levels this year as investors poured into the ultra-safe bonds following a downbeat jobless-claims report and a sharp turn in Japan's monetary policy.
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Money Spigot Opens Wider

Wall Street Journal - 5 Apr 2013 03:18
The Bank of Japan will join major central banks that since the financial crisis have been testing the limits of their powers in a grand--and some say risky--experiment to stimulate the sluggish global economy.
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Probes Launched Into Leak of Health-Care Policy Shift

Wall Street Journal - 5 Apr 2013 03:06
A federal agency and a senator launched probes into whether news of an important government announcement was improperly leaked to traders about 30 minutes before it was made public.
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Golden Moment Wanes for Investors

Wall Street Journal - 5 Apr 2013 02:11
Prices for the yellow metal ended at a nine-month low, even as the Bank of Japan announced aggressive stimulus plans.
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Fears Over Pension Funding

Wall Street Journal - 5 Apr 2013 02:08
Some companies are pushing to withdraw their workers from a giant Teamsters pension plan that faces a deep funding shortfall and questions about its long-term viability.
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Jobless Data May Throw Market a Curve

Wall Street Journal - 5 Apr 2013 02:07
Given Opening Day has just passed, the phrase "spring slump" conjures up thoughts of a struggling baseball team. In the context of economics, though, it is the fear a resurgent economy and stock market will follow last y...
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LightSquared Showdown Looms

Wall Street Journal - 5 Apr 2013 02:07
A hedge fund with ties to satellite mogul Charlie Ergen is headed for a bankruptcy-court showdown with financier Philip Falcone over his LightSquared wireless venture, opening another front in the battle for airwaves for...
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Skilling Could See Shorter Sentence

Wall Street Journal - 5 Apr 2013 01:58
Former Enron chief Jeffrey Skilling and prosecutors are discussing a possible agreement related to his 24-year prison term ahead of a court-ordered resentencing, raising the prospect he may get out earlier than expected.
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Brisk Pace of Rule Making Slows at CFTC

Wall Street Journal - 5 Apr 2013 01:10
Rule making at the Commodity Futures Trading Commission has slowed sharply in recent months amid internal squabbling, lobbying pressure from the financial industry and the sheer complexity of the rules themselves.
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