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Market News

Location American Market News for 15 July 2013
Polaris shares rise on report Tech Mahindra may buy unit Shares of Polaris jump as much as 4.4%, headed for the biggest gain since 17 June
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The ABC's of foreign exchange risk management

IBTimes - 15 Jul 2013 22:48
One of the biggest and most liquid of all financial markets is the foreign exchange market. With a daily transaction worth almost US$1.5 trillion, there is great opportunity for gain as well as high risk of loss to be su...
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Daily Market Wrap: July 15, 2013

Forbes - 15 Jul 2013 22:24
Stocks finished in positive territory as weaker than expected retail sales raised hopes the Fed may delay tapering its market-boosting policies. The Dow and S&P 500 finished up around .13% and the Nasdaq closed up just o...
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The Thai government has embarked on a disastrous and costly rice subsidy program to benefit its rice farmers - the program cost the government $4.4 billion last year - but an unexpected beneficiary turned out to be Myanm...
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Wells Fargo & Co. (NYSE:WFC) dethroned Wal-Mart Stores Inc.'s (NYSE:WMT) seven-year run as the country's top corporate philanthropist, giving $315.8 million in cash to charity programs compared to the big-box retailer's ...
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"Fabulous Fab" is headed to court on Monday, but he has a better chance of winning than his former clients did, according to charges from the Securities & Exchange Commission. Fabrice Tourre, a former trader for Goldman ...
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Wall Street edged up in mid-day trading on Monday as data painted a mixed picture of the U.S. economy after retail sales rose less than expected, while growth in New York State's manufacturing sector accelerated in July....
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Ex-Div Reminder for Gladstone Investment Series A Cumulative Term Preferred Stock On 7/17/13, Gladstone Investment Corp's 7.125% Series A Cumulative Term Preferred Stock (NASD: GAINP) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 7/31/13. As a percentage of GAINP's recent sha...
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Gladstone Capital Series 2016 Preferred Stock Ex-Dividend Reminder On 7/17/13, Gladstone Capital Corporation's 7.125% Series 2016 Preferred Stock (NASD: GLADP) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 7/31/13. As a percentage of GLADP's recent share price ...
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Gladstone Commercial Series B Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon On 7/17/13, Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock (NASD: GOODO) will trade ex-dividend, for its monthly dividend of $0.1562, payable on 7/31/13. As a percentage of GOODO's recen...
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SLM Corp.'s Cumulative Redeemable Preferred Stock, Series A Ex-Dividend Reminder On 7/17/13, SLM Corp.'s 6.97% Cumulative Redeemable Preferred Stock, Series A (NASD: SLMAP) will trade ex-dividend, for its quarterly dividend of $0.8712, payable on 7/30/13. As a percentage of SLMAP's recent share price...
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Fitch Ratings downgraded Europe's financial stability to AA+ from AAA on Monday, three days after the agency stripped France of its top-notch AAA rating. The European Financial Stability Facility, a fund set up by the br...
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Oxford Lane Capital Corporation's Preferred Stock Series 2017 Ex-Dividend Reminder On 7/17/13, Oxford Lane Capital Corporation's 8.50% Preferred Stock Series 2017 (NASD: OXLCP) will trade ex-dividend, for its monthly dividend of $0.1771, payable on 7/31/13. As a percentage of OXLCP's recent share price...
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Ex-Div Reminder for Urstadt Biddle Properties Series F Cumulative Redeemable Preferred Stock On 7/17/13, Urstadt Biddle Properties Inc's 7.125% Series F Cumulative Redeemable Preferred Stock (NYSE: UBP.PRF) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 7/31/13. As a percentage of UBP....
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Wall Street is high on Bank of America, expecting it to report earnings that are up 32% from a year ago when it reports its second quarter earnings on Wednesday, July 17, 2013. The consensus estimate is 25 cents per shar...
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Wall Street is optimistic about US Bancorp, which is slated to report its second quarter results on Wednesday, July 17, 2013. Analysts project a profit of 76 cents a share, a rise from 71 cents per share a year ago.
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SLM (SLM) Earnings Expected to Rise

Forbes - 15 Jul 2013 18:17
Wall Street is high on SLM, expecting it to report earnings that are up 41% from a year ago when it reports its second quarter earnings on Wednesday, July 17, 2013. The consensus estimate is 69 cents per share, up from e...
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Forbes Earnings Preview: eBay (EBAY)

Forbes - 15 Jul 2013 18:17
Ebay (EBAY) reports its second quarter earnings on Wednesday, July 17, 2013.
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Wall Street is optimistic about Northern Trust, which is slated to report its second quarter results on Wednesday, July 17, 2013. Analysts project a profit of 83 cents a share, a rise from 74 cents per share a year ago.
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Analysts expect higher profit for American Express when the company reports its second quarter results on Wednesday, July 17, 2013. The consensus estimate is calling for profit of $1.21 a share, reflecting a rise from $1...
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Analysts expect higher profit for PNC Financial Services when the company reports its second quarter results on Wednesday, July 17, 2013. The consensus estimate is calling for profit of $1.64 a share, reflecting a rise f...
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Forbes Earnings Preview: Xilinx (XLNX)

Forbes - 15 Jul 2013 18:16
Xilinx (XLNX) reports its first quarter earnings on Wednesday, July 17, 2013.
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