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Market News

Location American Market News for 20 August 2013

Meet F1's 'Mr. Consistency'

CNN - 20 Aug 2013 13:39
He may hate the attention off the track, but it's hard to avoid the media glare when you've been driving as well as Kimi Raikkonen this season.
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Best Buy Strengthens The Case For Its Unlikely Turnaround Once written off for dead, everything seems to be falling into place for Best Buy.
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Protect Yourself From Wall Street Insiders

Forbes - 20 Aug 2013 22:59
Protect Yourself From Wall Street Insiders Insider trading is deeply woven into the fabric of Wall Street. Recent revelations about the illegalities of information flows at expert networks and hedge funds like SAC Capital signal, I hope, a long overdue decline in...
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13-F Portfolio Changes Show Big Cats Swishing Long Tails Something?s in the marketplace I've never seen before - octogenarians flexing quads and biceps as if they just took an injection of monkey glands in Switzerland plus steroids in south Florida. Starting with Warren Buffet...
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Sebi to streamline financial reporting for listed companies Firms will have to mandatorily disclose book value of their shares and cash flow statements every six months
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Ways Professional Traders Can Save Big At Tax Time Learn the mistakes traders and tax preparers make before planning and filing taxes, and how to avoid them.
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Analysts expect higher profit for Patterson Companies when the company reports its first quarter results on Thursday, August 22. The consensus estimate is calling for profit of 48 cents a share, reflecting a rise from 45...
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Expectations have dropped for Toll Brothers' third quarter results in the month leading up to the company's earnings announcement slated for Wednesday, August 21. The consensus analyst estimate has dropped from 29 cents ...
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Forbes Earnings Preview: Staples (SPLS)

Forbes - 20 Aug 2013 21:38
Staples reports its second quarter earnings on Wednesday, August 21, and the consensus earnings per share estimate is 18 cents per share.
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Analysts are looking for decreased profit for Autodesk when the company reports its results for the second quarter on Thursday, August 22. Autodesk reported profit of 35 cents a year ago, but the consensus estimate calls...
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Forbes Earnings Preview: J.M. Smucker (SJM)

Forbes - 20 Aug 2013 21:37
J.M. Smucker reports its first quarter earnings on Wednesday, August 21, and the consensus earnings per share estimate is $1.20 per share.
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(Kitco News) - The combination of investment and industrial demand means silver has two ponies hitched to its wagon rather than one, enabling the metal to race ahead much faster than gold over the last two weeks, analyst...
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(Kitco News) - Comex gold futures prices ended the U.S. day session moderately higher Tuesday, supported by some mild safe-haven demand and due to a lower U.S. dollar index. Technical buying was also seen as the gold bul...
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Apple Has A Near $50 Billion Opportunity In China Considering that Apple is expected to launch a cheaper iPhone for the emerging markets that should mitigate China Mobile's subsidy concerns, a deal should materialize sooner than later.
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Sesa Goa gains most in 8 years on Hindustan Zinc, Balco stake sale expectations Sesa Goa, Sterlite Industries soars on optimism the govt will expedite its plan to sell stakes in Hindustan Zinc and Balco
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(Kitco News) - Silver-coin demand has been strong in 2013, and the U.S. Mint said this year could be a record setter for sales of its American Eagle silver bullion coins.
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A fascinating trend is emerging in the Windows smartphone market: brand new, premium Windows phones are now fading even as the old, Windows Phone 7 era models keep losing share. Sales are not shifting from old premium mo...
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And they all fall down

livemint.com - 20 Aug 2013 17:59
And they all fall down Things are looking bleak for India, whether one looks at economic data, financial markets or external vulnerability indicators
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KKR Bets On Open Waters With New Maritime Financing Unit Private equity giant KKR sees big opportunity in the maritime industry and is launching a new financing business to capitalize on it.
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Tesla Stock Looks Bubbly, Beware The Inevitable Burst TSLA is priced for enormous profit growth despite not having demonstrated consistent profitability.
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Campbell Soup Is Good Stock

Forbes - 20 Aug 2013 17:06
Campbell Soup Is Good Stock An unwinding of such a heap of bearish bets could give CPB a boost on the charts
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Rite Aid Not The Right Prescription In Drugstore Stocks Rite Aid (RAD) is not a stock to own right now. Bullish investors and analysts have focused on the aging U.S. population, the increasing sales of higher margin generic drugs, and the many newly insured potential customer...
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