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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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Shorts Throw In The Towel On Tesla, But They Could Come Back Tesla Motors shares raced higher last week, as short sellers rolled over following a surprise profit from the electric carmaker. But will the short squeeze have longer legs?
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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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Gold Finally A Tarnished Asset After 12-Year Bull Run Long secular bull markets in any asset class tend to fool us into believing their prices only go up. Tulip bulbs, Beanie Babies, baseball cards, Florida real estate, internet stocks. And they do only go up and it's excit...
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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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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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