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Market News

Location American Market News for 9 July 2013
FDIC Rule Would Force U.S. Bank Capital Levels Above International Standards On Tuesday, the FDIC approved a proposed rule to raise the leverage ratios of eight of the largest U.S. banks to 5% and 6% for an institution's insured depository subsidiaries.
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FedEx Call Options Fly On Ackman Rumors, Molycorp Bulls Take Positions Shares in FedEx rose as much as 7.25% on Tuesday morning to $106.00, the highest level since March, fueled by speculation the company may be the target of activist investor and Pershing Square Capital Management L.P. CEO...
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Not So Fast, Libor Manipulation Still A Threat Under NYSE Euronext Takeover The devil's in the yet to be seen details with the NYSE Euronext takeover of Libor responsibilities.
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Taking Another Look At Barrick Gold After Its Slump Barrick Gold Corporation's has seen its stock price plummet in the last month from about $21 to $14-15, a precipitous drop of nearly 25%. Year to date it's even uglier with the shares down 60%. It's not just Barrick Gold...
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NYSE wins Libor supervision after scandal

livemint.com - 9 Jul 2013 18:46
NYSE wins Libor supervision after scandal The decision came after the British Bankers' Association was forced to give up its role following the Libor scandal
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Shares, dollar gain on solid start to US earnings

livemint.com - 9 Jul 2013 18:28
Shares, dollar gain on solid start to US earnings Shares rise after Alcoa's solid start to US earnings season
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FedEx Flies Amid Ackman Speculation As Pershing Square Preps Next Big Bet Package shipper jumps on rumors it could be target of planned co-investment vehicles.
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Miss SPNC's $18 Secondary But Think It's A Deal At $17.50? Looking back to 74 days ago, Spectranetics Corp. (NASD: SPNC) priced a 4,750,000 share secondary stock offering at $18.00 per share. Buyers in that offering made a considerable investment into the company, expecting that...
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Miss SNH's $23.80 Secondary But Think It's A Buy At $22.50? Looking back to 167 days ago, Senior Housing Properties Trust (NYSE: SNH) priced a 10,000,000 share secondary stock offering at $23.80 per share. Buyers in that offering made a considerable investment into the company, e...
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Commit To Buy BioMarin Pharmaceutical At $42, Earn 6.3% Investors eyeing a purchase of BioMarin Pharmaceutical Inc. (NASD: BMRN) stock, but tentative about paying the going market price of $59.02/share, might benefit from considering selling puts among the alternative strateg...
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Commit To Purchase New York Times At $11, Earn 11.2% Annualized Investors eyeing a purchase of New York Times Co. (NYSE: NYT) shares, but cautious about paying the going market price of $12.64/share, might benefit from considering selling puts among the alternative strategies at thei...
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Commit To Purchase Big Lots At $25, Earn 6.6% Investors considering a purchase of Big Lots, Inc. (NYSE: BIG) shares, but tentative about paying the going market price of $34.03/share, might benefit from considering selling puts among the alternative strategies at th...
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Commit To Purchase Allscripts Healthcare Solutions At $10, Earn 8% Investors considering a purchase of Allscripts Healthcare Solutions, Inc. (NASD: MDRX) shares, but cautious about paying the going market price of $13.47/share, might benefit from considering selling puts among the alter...
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Commit To Purchase Palo Alto Networks At $37.50, Earn 18.3% Annualized Investors eyeing a purchase of Palo Alto Networks, Inc (NYSE: PANW) shares, but tentative about paying the going market price of $43.17/share, might benefit from considering selling puts among the alternative strategies ...
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Seed firms sizzle on brighter business prospects

livemint.com - 9 Jul 2013 16:52
Seed firms sizzle on brighter business prospects Steady growth in the domestic market is driving investor interest, leading to a surge in shares of seed companies
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RBI directs oil cos to buy dollars from one PSU bank Moves comes amid regulatory action to curb speculation in forex market
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Buck The Trend, Buy Chinese Stocks

Forbes - 9 Jul 2013 16:00
Buck The Trend, Buy Chinese Stocks Growth in China may be slowing but stocks are cheap. Here are five set for growth.
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Things to keep in mind before filing tax returns

livemint.com - 9 Jul 2013 15:57
Things to keep in mind before filing tax returns Ensure details are filled correctly as it needs to be matched with the IT department's database.
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Overdue RBI wealth management guidelines low on deterrence The bulk of the draft remains typically fuzzy and leaves a lot to the discretion of the bank to do.
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Plan in advance to fund your study abroad

livemint.com - 9 Jul 2013 15:55
Plan in advance to fund your study abroad There are funding options but they may not work unless you systematically pursue each of them.
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DYK: Three health insurance terms that Irda has redefined Recently Irda amended guidelines to alter the standard definition of some of the terms.
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Ulips allow free switching of funds for a few times

livemint.com - 9 Jul 2013 15:54
Ulips allow free switching of funds for a few times The switching process is simple; just write an email to the insurer and it will make the switch.
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