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Market News

Location American Market News for 8 April 2013

Thatcher's European Vision

Wall Street Journal - 8 Apr 2013 23:55
Margaret Thatcher's record shows there are other ways to revive a broken economy besides inflating or deflating out of a crisis.
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WeiboPay Helps Sina Reach $57 With Foray Into China's Online Payments Market Sina recently launched an online payment service 'WeiboPay', which has deepened its entry into the Chinese e-commerce market. The latest move also puts an end to rumors regarding possible partnership between Alibaba and ...
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Few Companies Sign Up to Trade Swaps

Wall Street Journal - 8 Apr 2013 22:37
With a deadline looming, about 80% of companies that traded derivatives in the past have yet to register to be able to stay in the market, a trade group estimates.
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Busting the Sell in May and Go Away Myth

Forbes - 8 Apr 2013 18:31
Busting the Sell in May and Go Away Myth MythBusters is a popular Discovery channel television program. It uncovers the truth behind widely held myths and legends from whether it's possible to beat police radar detectors to whether a bull really causes destruct...
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Alcoa's Earnings: Can It Navigate Weak Aluminum Prices? Alcoa will kick off this quarter's earnings season when it announces its Q1 results after the market closes on Monday, April 8. Alcoa's results are closely eyed as it usually is the first Dow company to post earnings. We...
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Can Earnings Revive a Weakening Market?

Forbes - 8 Apr 2013 17:10
Can Earnings Revive a Weakening Market? The stock market took quite a shot after Friday's dismal jobs report as the already weak S&P futures quickly dropped another 11 points before they started to stabilize.
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Don't Put Too Much Stock In Alcoa For Earnings Season Insight Alcoa will provide the informal kickoff to first-quarter earnings season Monday afternoon as the first Dow Jones industrial average component to report figures for the January-March period. But investors shouldn't count ...
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(Kitco News) - Gold prices are holding near steady levels in early U.S. trading Monday. The market is seeing chart consolidation following Friday's solid gains in the wake of a much-weaker-than-expected U.S. jobs report....
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China Fund Chief Says U.S. Isn't Welcoming

Wall Street Journal - 8 Apr 2013 06:21
The U.S. is telling China's $500 billion sovereign-wealth fund, CIC, to "go away," according to the fund's top executive, in the latest sign of strained investment ties between the world's two largest economies.
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This Russian Tycoon Is All About Business

Wall Street Journal - 8 Apr 2013 05:07
Russian tycoon Mikhail Fridman of Alfa Group isn't planning to spend the proceeds of the group's sale of its stake in oil giant TNK-BP on yachts or sports teams. For him, nothing matches the thrill of business.
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Hedge-Fund Star Gets a Hip Check

Wall Street Journal - 8 Apr 2013 05:04
Jeffrey Vinik's Tampa Bay Lightning are struggling, but that isn't the veteran stock-picker's only worry. Investors have asked to pull around $1.5 billion from his hedge-fund firm after a period of poor performance.
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Credit Suisse Warns German Clients

Wall Street Journal - 8 Apr 2013 03:52
Credit Suisse is telling German clients it will stop doing business with them if they don't provide evidence their accounts comply with tax reporting rules, as Swiss lenders look to ease international pressure over the i...
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OJ Futures Prices Climb

Wall Street Journal - 8 Apr 2013 01:53
Expectations that Florida might produce far fewer oranges this year have boosted frozen concentrated orange-juice prices to their highest level in more than 11 months.
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Champion Lorenzo wins MotoGP opener

CNN - 8 Apr 2013 00:13
Jorge Lorenzo starts the new MotoGP season just as he did in 2012 -- with victory under lights in the Qatar Grand Prix.
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