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Market News

Location American Market News for 6 August 2013
Ultra HNIs spending less in weak economy: Kotak-CRISIL study The survey found that a large percentage of HNIs have turned cautious and are postponing big-ticket purchases
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How To YieldBoost Toro To 15.7%

Forbes - 6 Aug 2013 17:29
How To YieldBoost Toro To 15.7% Shareholders of Toro Co. (NYSE: TTC) looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the September covered call at the $50 strike and collect the premium based on the 90 cents bid...
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New Features of the iPhone 5

Forbes - 6 Aug 2013 17:07
New Features of the iPhone 5 Apple returned to the Yerba Buena Gardens in San Francisco to introduce its latest device, the long-awaited iPhone 5. Here are some of the new features they revealed.
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Yen strengthens against dollar, Nikkei falls

livemint.com - 6 Aug 2013 05:04
Yen strengthens against dollar, Nikkei falls Asian shares dip, could post first loss in four days; dollar extends losses against yen, Nikkei down
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Bank Of America Sold $850M In Bank of America's legal troubles just got more complicated today as US regulators accuse it of fraud over mortgage securities.
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High Yield Bond Prices Slide Again, Erasing July Gains The average bid of U.S. high-yield flow-name bonds in the secondary market fell 67 bps over the past three sessions, to 101.02% of par, yielding 7.77%, on Aug. 6, from 101.69% of par, yielding 7.61% on Aug 1, according t...
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Europe And Asia Have Valuation Advantage On U.S. Stocks Look to own companies for their attractive dividend yields and underlying assets. We are finding stocks outside the U.S. selling at low earnings multiples and pay dividends of 4% or 5% or more. By comparison, all U.S. st...
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(Kitco News) - Comex gold futures prices ended the U.S. day session solidly lower, hit a three-week low and closed below the key $1,300.00 level. Bearish technical postures for both gold and silver incited more chart-bas...
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Sirius acts to clarify broker relationship

Telegraph - 6 Aug 2013 20:32
Sirius acts to clarify broker relationship Shares in the Sirius Minerals slumped following an unsettling note from Jefferies.
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American Eagle Signals Rough Quarter Ahead Of Back-To-School Season A sea of red engulfed retail stocks after American Eagle's guidance cut.
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Wall Street falls, dollar tumbles vs yen with Fed in focus Index of world stocks falls 0.3%, dollar hits six-week low against the yen
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Business news and markets: as it happened August 6, 2013 The International Monetary Fund has warned Germany against pursuing austerity with too much zeal, warning that it must be ready to miss its deficit reduction target if the economy needs extra stimulus.
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Zambian Government Conflict Didn't Stop Kagem Emerald Mine From Posting Solid Annual Growth Gemfields has been in an ongoing debate with the Zambian government over where to hold its emerald auctions. The government issued a directive for Gemfields to hold its auctions within the country's borders, citing capit...
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Miss ROSE's $42.50 Offering But Think It's A Steal At $25? Looking back to 110 days ago, Rosetta Resources, Inc. (NASD: ROSE) priced a 7,000,000 share secondary stock offering at $42.50 per share. Buyers in that offering made a considerable investment into the company, expecting...
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Miss ISIS's $19 Offering But Think It's A Deal At $15? Looking back to 90 days ago, Isis Pharmaceuticals, Inc. (NASD: ISIS) priced a 9,000,000 share secondary stock offering at $19.00 per share. Buyers in that offering made a considerable investment into the company, expecti...
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Miss EQM's $43.50 Offering But Think It's A Buy At $40? Looking back to 20 days ago, EQT Midstream Partners LP (NYSE: EQM) priced a 11,000,000 share secondary stock offering at $43.50 per share. Buyers in that offering made a considerable investment into the company, expectin...
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Miss ACAD's $12.50 Secondary But Think It's A Deal At $12? Looking back to 83 days ago, Acadia Pharmaceuticals Inc (NASD: ACAD) priced a 8,000,000 share secondary stock offering at $12.50 per share. Buyers in that offering made a considerable investment into the company, expecti...
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YieldBoost Watsco From 1.1% To 13.4%

Forbes - 6 Aug 2013 17:30
YieldBoost Watsco From 1.1% To 13.4% Shareholders of Watsco Inc. (NYSE: WSO) looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the November covered call at the $95 strike and collect the premium based on the $3.20 bid,...
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YieldBoost CLC To 5.5%

Forbes - 6 Aug 2013 17:28
YieldBoost CLC To 5.5% Shareholders of Clarcor Inc. (NYSE: CLC) looking to boost their income beyond the stock's 1% annualized dividend yield can sell the March 2014 covered call at the $60 strike and collect the premium based on the $1.55 bid...
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YieldBoost Knight Transportation To 10%

Forbes - 6 Aug 2013 17:28
YieldBoost Knight Transportation To 10% Shareholders of Knight Transportation Inc. (NYSE: KNX) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the December covered call at the $17.50 strike and collect the premium based...
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Wall Street is high on Cedar Fair, expecting it to report earnings that are up 30% from a year ago when it reports its second quarter earnings on Thursday, August 8, 2013. The consensus estimate is 83 cents per share, up...
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Analysts expect disappointing news from Stratasys when it reports its second quarter earnings on Thursday, August 8, 2013. They project a loss of five cents a share after the company booked a profit of 29 cents a year ag...
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