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Market News

Location American Market News for 26 June 2013

Bottom Is Falling Out of Copper Prices

Wall Street Journal - 26 Jun 2013 01:15
Heard on the Street: Copper's world is coming apart. The price has fallen 16% so far this year, as the global forces propelling the metal's stunning rise over the past decade are shifting.
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George Zimmer Fires Back In Men's Wearhouse War Of Words Ousted founder isn't going quietly.
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5 Reasons Retirees Should Be Psyched About Rising Interest Rates This could be the beginning of better times for retirees.
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Afren gushes on Nigeria hopes

Telegraph - 26 Jun 2013 20:22
Afren gushes on Nigeria hopes Investors were piling into shares in oil and gas explorers today.
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How Will Bonds Fare As Interest Rates Rise?

Forbes - 26 Jun 2013 19:55
How Will Bonds Fare As Interest Rates Rise? Bonds have been an integral part of investors portfolios for decades. But their glory days are coming to an end. How will rising interest rates affect bond values? Find out by reading this article!
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Spending Review 2013: as it happened

Telegraph - 26 Jun 2013 19:00
Spending Review 2013: as it happened Chancellor commits to £50bn of capital investment for roads, railways, bridges, broadband, science and schools to drive growth in the economy but business questions if he can deliver.
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(Kitco News) - Another tough day at the office for metals continues to fuel questions about whether or not the ?commodity super-cycle? over the last decade is coming to an end.
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5 Unusual IRA Investments Options

Forbes - 26 Jun 2013 18:15
5 Unusual IRA Investments Options Investopedia story
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Options Traders Bet On Soaring Raptor, Apollo Liftoff And More Pop For Pandora P ? Pandora Media ? Shares in Pandora are spiking today, up as much as 8.3% in the early going to a one-month high of $17.78, after the stock was raised to ?Outperform? from ?Market Perform? at Cowen with a 12-month targ...
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Copper hit by weak demand

livemint.com - 26 Jun 2013 17:46
Copper hit by weak demand Prices on the decline as the global refined metal output increases, but demand fails to keep pace
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First Quarter GDP Revised Down To 1.8%: Bernanke's Taper Talk Came Too Soon A big revision to first quarter GDP, which expanded at a measly 1.8%, suggests it will be difficult for the Federal Reserve to taper quantitative easing in the near term, as its own projections for GDP growth won't be me...
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Three Trend-Bucking Picks

Forbes - 26 Jun 2013 17:18
Three Trend-Bucking Picks The stock market rebound Tuesday helped calm the very nervous bulls, and the futures are higher again in early Wednesday trading. This rebound can clearly go further but the daily technical studies still suggest that thi...
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5 Fantastic Stocks For Fretters

Forbes - 26 Jun 2013 17:00
5 Fantastic Stocks For Fretters We are halfway through the bull market with about four years to go. There's still time to buy.
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There are further signs of a rebound in the speculative-grade secondary corporate market this morning after the deep drubbing on Monday as global financial markets sputtered. Tuesday's tenuous recovery was notable given ...
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3 Small Bank Stocks With Takeover Potential

Forbes - 26 Jun 2013 16:30
3 Small Bank Stocks With Takeover Potential Merger and acquisitions activity will be the catalyst that makes small-cap bank stocks dance.
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Forbes Earnings Preview: KB Home (KBH)

Forbes - 26 Jun 2013 16:05
KB Home (KBH) reports its second quarter earnings on Thursday, June 27, 2013.
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Forbes Earnings Preview: Accenture (ACN)

Forbes - 26 Jun 2013 16:05
Accenture (ACN) reports its third quarter earnings on Thursday, June 27, 2013.
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McCormick (MKC) reports its second quarter earnings on Thursday, June 27, 2013.
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Stocks Start Hot After Slashed Estimate Shows Q1 GDP Increased 1.8% U.S. stocks immediately bounded higher this morning, after a revised estimate showed the economy grew slower than originally thought in the first quarter.
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Income arising from buyback of unlisted shares is tax free This amount of exemption should be disclosed in your personal tax return.
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DYK: How to claim health insurance benefit from two policies The total amount that you can claim can't be more than the actual cost of hospitalization.
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Wait longer for safe bank cards

livemint.com - 26 Jun 2013 15:41
Wait longer for safe bank cards Some may have already got the new card. In the transition period you can use both old and new cards
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