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Market News

Location American Market News for 13 May 2013

25 Top Places To Retire Rich

Forbes - 13 May 2013 23:46
25 Top Places To Retire Rich Not every retiree has to be frugal. Here are 25 top places to retire in the U.S. if money is no object.
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(Kitco News) - Comex gold futures prices ended the U.S. day session with slight losses Monday, on some mild follow-through technical selling pressure from sharp losses suffered late last week. The key outside markets wer...
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IAG slides on virus worries

Telegraph - 13 May 2013 19:36
IAG slides on virus worries The British Airways owner was the second-heaviest faller on the FTSE 100.
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Business news and markets: as it happened - May 13, 2013 Youth unemployment in the eurozone's southern states is a "tragedy", says Portugal's prime minister, as finance ministers from the 17-nation bloc meet to discuss bail-ins and Cyprus gets its first €2bn tranche from Eur...
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Forbes Earnings Preview: Deere

Forbes - 13 May 2013 17:14
Analysts have become increasingly bullish on Deere (DE) in the month leading up to the company's second quarter earnings announcement scheduled for Wednesday, May 15, 2013. The consensus earnings per share estimate has m...
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Forbes Earnings Preview: Macy's

Forbes - 13 May 2013 17:13
Optimism surrounds Macy's (M), as it gets ready to report its first quarter results on Wednesday, May 15, 2013. Analysts are expecting the company to book a profit of 53 cents a share, up from 43 cents a year ago.
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Forbes Earnings Preview: Computer Sciences

Forbes - 13 May 2013 17:13
When Computer Sciences (CSC) reports its fourth quarter results on Wednesday, May 15, 2013, analysts are expecting to see the company back in the black. They are expecting profit of 96 cents a share after the company too...
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Despite an expected dip in profit, analysts are generally optimistic about Agilent Technologies (A) as it prepares to reports its second quarter earnings on Tuesday, May 14, 2013.
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Markets Can Predict People

Forbes - 13 May 2013 16:00
Markets Can Predict People People can't predict markets but markets can predict people. Forecasts about future economic growth have no impact on the future performance of the stock market while the past performance of the stock market has an impac...
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A Top Fed Contender Faces Easy-Money Test

Wall Street Journal - 13 May 2013 15:32
The next chief of the Federal Reserve will decide when to reverse its easy-money policies, a judgment that could strangle the economic recovery if made too early or trigger runaway inflation if made too late.
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Yen Keeps Sliding: Trouble Ahead For U.S. Companies? The Japanese yen hit its weakest level versus the U.S. dollar in more than four years last week, and the trend was continuing Monday after the weekend G7 meeting indicated the world's largest economies will tolerate the ...
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Bloomberg Wall Between News, Data Came Late

Wall Street Journal - 13 May 2013 14:47
Bloomberg, whose news business has expanded in recent years, moved late to restrict its journalists' ability to look up data about subscribers to its financial terminals.
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IPOs Set to Raise Most Cash Since Crisis

Wall Street Journal - 13 May 2013 14:35
U.S. companies are on track to raise the most money through initial public offerings since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs.
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Economic Road Clearing, but Going Slow

Wall Street Journal - 13 May 2013 05:13
After four years of crises that threatened to plunge the U.S. economy back into recession, the road ahead at last looks comparatively free of roadblocks. But progress remains slow.
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Rating Firms Steer Clear of an Overhaul

Wall Street Journal - 13 May 2013 04:45
Rating firms' controversial business model looks set to escape wholesale changes as regulators struggle to agree on an alternative.
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Putting Retail Sales in Their Proper Place

Wall Street Journal - 13 May 2013 01:44
The trend in retail sales is undoubtedly soft, but the effect of this slowdown is nowhere as significant as the "70% of the economy" story would have us think.
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