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Market News

Location American Market News for 26 May 2013

Indy 500 drought ends for Kanaan

CNN - 26 May 2013 23:39
There were a record 68 lead changes in the Indianapolis 500. But when it was all over, Brazilian Tony Kanaan was the one drinking the milk given to the winner.
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A Truce Needed for Europe's Banking Union

Wall Street Journal - 26 May 2013 22:42
Simon Nixon: Germany and the European Central Bank have drifted apart over the euro zone's proposed banking union, with Berlin once again cast as bad guy.
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Wise for central banks to be flexible over stimulus steps, however investors react To anyone observing the financial markets from the outside, the events of the last few weeks must seem baffling.
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Rosberg prevails in Monaco

CNN - 26 May 2013 16:58
Nico Rosberg was on pole for the Monaco Grand Prix, and this time he went on to win. But the race was far from smooth, as one crash prompted a 20-minute stoppage.
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Is this the end of the FTSE 100 bull run?

Telegraph - 26 May 2013 08:00
Is this the end of the FTSE 100 bull run? The FTSE had a wobble this week but some shares still offer value. Emma Wall gets some expert tips
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Pennon treads water but growth is in the pipeline Compared with the other two listed UK water companies, Pennon shares have underperformed following a profit warning last year relating to its Viridor unit.
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GKN is driving ahead

Telegraph - 26 May 2013 07:00
GKN is driving ahead Engine maker GKN remains a buy, writes Garry White.
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