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Market News

Location American Market News for 24 July 2013

RBI's rupee rescue mission may hurt government

livemint.com - 24 Jul 2013 18:51
RBI's rupee rescue mission may hurt government Government faced with sudden rise in borrowing costs as RBI sells short-term treasury bills at double-digit yield
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UBS Ex-Employee Is Sentenced

Wall Street Journal - 24 Jul 2013 22:19
A former UBS employee was sentenced to 18 months in prison and fined $1 million in a municipal bond-rigging case.
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Bid Clouds Plans for Empire State Building

Wall Street Journal - 24 Jul 2013 22:05
An investor has made a bid for a Manhattan building controlled by the Malkin family, which could interfere with the family's plan to sell the Empire State Building as part of a public offering.
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If Apple can stay above $432-$434, it would be constructive, but for it to be truly different it would need to take out and close above $440.
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Expectations have dropped for DTE Energy's second quarter results in the month leading up to the company's earnings announcement slated for Friday, July 26, 2013. The consensus analyst estimate has dropped from 81 cents ...
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Analysts expect higher profit for Digital Realty Trust when the company reports its second quarter results on Friday, July 26, 2013. The consensus estimate is calling for profit of $1.17 a share, reflecting a rise from $...
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Ventas (VTR) Earnings Projected to Increase

Forbes - 24 Jul 2013 20:52
Analysts expect higher profit for Ventas when the company reports its second quarter results on Friday, July 26, 2013. The consensus estimate is calling for profit of $1.02 a share, reflecting a rise from 95 cents per sh...
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Newell Rubbermaid reports its second quarter earnings on Friday, July 26, 2013.
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Analysts have become increasingly bearish on American Electric Power in the month leading up to the company's second quarter earnings announcement scheduled for Thursday, July 25, 2013. The consensus analyst estimate has...
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Helmerich & Payne is expected to report third quarter earnings on Friday, July 26, 2013 with analysts expecting a 1% drop in earnings from a year ago. The consensus estimate is $1.35 per share, down from earnings of $1.3...
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Earnings for Aon (AON) Projected to Rise

Forbes - 24 Jul 2013 20:48
Wall Street is high on Aon, expecting it to report earnings that are up 8% from a year ago when it reports its second quarter earnings on Friday, July 26, 2013. The consensus estimate is $1.10 per share, up from earnings...
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Despite an expected dip in profit, analysts are generally optimistic about Tyco International as it prepares to reports its third quarter earnings on Friday, July 26, 2013.
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Expectations have dropped for Weyerhaeuser's second quarter results in the month leading up to the company's earnings announcement slated for Friday, July 26, 2013. The consensus analyst estimate has dropped from 32 cent...
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Despite an expected dip in profit, analysts are generally optimistic about Stanley Black & Decker as it prepares to reports its second quarter earnings on Friday, July 26, 2013.
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Leading up to United Continental Holdings' announcement of its second quarter earnings on Thursday, July 25, 2013 analysts have become more wary as expectations have fallen over the past month to earnings of $1.44 per sh...
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Analysts foresee LyondellBasell Industries announcing decreased profits on Friday, July 26, 2013, when it reports its second quarter earnings. Despite this, they are generally optimistic about the stock.
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Wall Street is high on CBRE Group, expecting it to report earnings that are up 26% from a year ago when it reports its second quarter earnings on Thursday, July 25, 2013. The consensus estimate is 34 cents per share, up ...
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The Evolution Of Facebook

Forbes - 24 Jul 2013 19:38
The Evolution Of Facebook How has Facebook changed since 2004? Here's a look at some of the site's most notable redesigns and features.
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Options Players Bet On Post-Earnings Jumps In Qualcomm, Facebook Options volume on Facebook is marching higher today ahead of the social network operator's second-quarter earnings report after the close this afternoon.
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401(k) Letters Could Expose The Worst Retirement Plans Did your employer recently receive a letter from Yale Prof. Ian Ayres regarding your 401(k) plan?
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US stocks slip on poor earnings, dollar gains on data Dow Jones down 0.02%, S&P 500 down 0.05%, Nasdaq up 0.52%
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Miss Portland General Electric's $29.50 Secondary But Think It's A Deal At $25? Looking back to 42 days ago, Portland General Electric Co. (NYSE: POR) priced a 11,100,000 share secondary stock offering at $29.50 per share. Buyers in that offering made a considerable investment into the company, expe...
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