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Market News

Location American Market News for 21 June 2013
Commit To Purchase Level 3 Communications At $13, Earn 8.5% Investors eyeing a purchase of Level 3 Communications, Inc. (NYSE: LVLT) shares, but cautious about paying the going market price of $21.00/share, might benefit from considering selling puts among the alternative strateg...
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Developer Asks China for Help With Tower

Wall Street Journal - 21 Jun 2013 06:01
Developer Gary Barnett has nearly completed one of the most expensive condo towers in history. Now he is looking to China to back an even larger and taller tower a block away.
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Pension Fund Takes Neighborly Advice

Wall Street Journal - 21 Jun 2013 03:02
Montgomery County, Pa., troubled by its pension fund's recent performance, turned to Vanguard founder John C. Bogle for advice. His take: Park money in low-cost index funds. The fund is taking his advice.
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(Kitco News) - Treasury yields and the amount of bargain hunting that emerges after this week?s sell-off will be closely watched by gold traders next week.
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KAMN: Insiders vs. Shorts

Forbes - 21 Jun 2013 20:35
KAMN: Insiders vs. Shorts The most recent short interest data was recently released by the NASDAQ for the 05/31/2013 settlement date, and Kaman Corp. (NYSE: KAMN) is one of the most shorted stocks of the Russell 3000, based on 14.46 "days to cove...
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(Kitco News) - U.S. gold futures bounced on short covering Friday as traders exited positions ahead of a weekend, with the metal, at least temporarily, stabilizing in the aftermath of a sharp sell-off the day before that...
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American Capital Agency Series A Cumulative Redeemable Preferred Stock Crosses Above 8% Yield Territory In trading on Friday, shares of American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (NASD: AGNCP) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), wi...
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Public Storage's Cumulative Preferred Share of Beneficial Interest, Series V Yield Pushes Past 6% In trading on Friday, shares of Public Storage's 5.375% Cumulative Preferred Share of Beneficial Interest, Series V (NYSE: PSA.PRV) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.3438),...
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Royal Bank of Scotland Non-cumulative Dollar Preference Shares, Series T Shares Cross 8% Yield Mark In trading on Friday, shares of Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series T (NYSE: RBS.PRT) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.8125)...
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Friday's ETF with Unusual Volume: PIZ

Forbes - 21 Jun 2013 19:35
The DWA Developed Markets Technical Leaders Portfolio ETF (PIZ) is seeing unusually high volume in afternoon trading Friday, with over 1.5 million shares traded versus three month average volume of about 147,000. Shares ...
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PLL: Insiders vs. Shorts

Forbes - 21 Jun 2013 19:17
PLL: Insiders vs. Shorts The most recent short interest data was recently released by the NASDAQ for the 05/31/2013 settlement date, and Pall Corp. (NYSE: PLL) is the #117 most shorted of the S&P 500 components, based on 4.68 "days to cover." Th...
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Karvy launches hedge fund, to raise Rs100 crore

livemint.com - 21 Jun 2013 18:55
Karvy launches hedge fund, to raise Rs100 crore Systematic Edge Fund will target wealthy individuals and institutional investors
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Mercedes punished for tire test

CNN - 21 Jun 2013 18:49
Mercedes and tire supplier Pirelli have been punished by world motorsport's governing body after conducting an unsanctioned tire test.
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FIIs pull out $3 billion from Indian debt market in June During 3-14 June, FIIs bought debt securities worth Rs4,092 cr, while they sold bonds amounting to Rs21,213 cr
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Sebi bars Pan Asia Advisors, promoter for 10 years from capital market Case relates to irregularities observed in the issuance of GDRs of Asahi Infra, Avon Corp., Cat Technologies, IKF Technologies, K Sera Sera and Maars Software International
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Stocks stumble, treasuries yields at nearly two-year high MSCI's broad world stock index was off 0.7%, Europe's broad FTSE Eurofirst 300 index provisionally ended down 0.7%
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Miss ALNY's $20.13 Secondary But Think It's A Buy At $20? Looking back to 157 days ago, Alnylam Pharmaceuticals Inc (NASD: ALNY) priced a 8,000,000 share secondary stock offering at $20.13 per share. Buyers in that offering made a considerable investment into the company, expec...
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Commit To Buy OpenTable At $47.50, Earn 11.6% Investors eyeing a purchase of OpenTable Inc. (NASD: OPEN) stock, but tentative about paying the going market price of $63.56/share, might benefit from considering selling puts among the alternative strategies at their d...
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Commit To Buy LinkedIn At $115, Earn 10.3%

Forbes - 21 Jun 2013 17:43
Commit To Buy LinkedIn At $115, Earn 10.3% Investors eyeing a purchase of LinkedIn Corp (NYSE: LNKD) shares, but cautious about paying the going market price of $171.13/share, might benefit from considering selling puts among the alternative strategies at their d...
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Commit To Buy American Capital Agency At $15, Earn 10.7% Investors considering a purchase of American Capital Agency Corp (NASD: AGNC) shares, but tentative about paying the going market price of $23.34/share, might benefit from considering selling puts among the alternative s...
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Commit To Purchase Coinstar At $40, Earn 10.8% Investors considering a purchase of Coinstar, Inc. (NASD: CSTR) shares, but cautious about paying the going market price of $57.58/share, might benefit from considering selling puts among the alternative strategies at th...
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Commit To Purchase Invesco Mortgage Capital At $10, Earn 10.5% Investors considering a purchase of Invesco Mortgage Capital Inc. (NYSE: IVR) shares, but tentative about paying the going market price of $17.65/share, might benefit from considering selling puts among the alternative s...
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