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Market News

Location American Market News for 21 August 2013
Market Treads Water Ahead Of Fed Minutes, Banks Looking Good Markets mustered a bounce on Tuesday but it was very feeble and unimpressive. The question now is whether we can hold Monday's low, or whether we could test deeper support levels. During corrective phases like this one, ...
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Insider Bets Paying Off At INSY As New 52-Week High Reached In trading on Wednesday, shares of Insys Therapeutics Inc (NASD: INSY) touched a new 52-week high of $29.94/share. That's a 357.10% rise, or $23.39 per share from the 52-week low of $6.55 set back on 12/24/2012. That mea...
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Insiders Were Right: TUES Makes New 52-Week High In trading on Wednesday, shares of Tuesday Morning Corp. (NASD: TUES) touched a new 52-week high of $14.14/share. That's a 193.36% rise, or $9.32 per share from the 52-week low of $4.82 set back on 10/23/2012. That means...
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It's for the govt to look into promoter's liability: P.R. Ramesh Officer on special duty at NSEL talks to Mint about his preparation to conduct a post-mortem of the crisis
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(Kitco News) - Minutes of the late-July meeting of the Federal Open Market Committee did not give gold traders much guidance on when policymakers might start tapering their monthly bond purchases.
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Cisco Stock Looks Good At Lower Price With Juiced Up Dividend Here are six reasons why Cisco is an attractive opportunity for the long-term investor on any further dip.
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Fed Minutes: Bernanke Looks Set For September Taper, But Not A Done Deal Central bank stands pat, taper still expected in September if employment figures stay consistent.
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Ben Bernanke

Forbes - 21 Aug 2013 21:25
Ben Bernanke Photos of the Forbes Most Powerful People
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Emerging markets all in the same boat

livemint.com - 21 Aug 2013 21:02
Emerging markets all in the same boat Little to choose between India and other major emerging markets, especially those with a current account deficit
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Fed meeting minutes offer few clues on timing of stimulus tapering Almost all FOMC members agreed a change to the stimulus was not yet appropriate in July-end meeting
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Expectations have dropped for Foot Locker's second quarter results in the month leading up to the company's earnings announcement slated for Friday, August 23, 2013. The consensus analyst estimate has dropped from 50 cen...
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Loans to infrastructure sector under severe strain

livemint.com - 21 Aug 2013 19:11
Loans to infrastructure sector under severe strain Most of the stressed loans have been given to power and telecom companies
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Sebi slaps `5 lakh penalty on 18 entities in Era Infra case Market regulator fimds that 18 entities had hiked their shareholding in Era Infra but failed to disclose as required under the norms
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Domenicali challenges Ferrari

CNN - 21 Aug 2013 18:07
Ferrari team principal Stefano Domenicali wants total commitment from his charges as the Formula One season clicks back into gear this weekend.
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Will Insiders Be Tempted To Buy More CYS At The New 52-Week Low? In trading on Wednesday, shares of CYS Investments, Inc. (NYSE: CYS) touched a new 52-week low of $6.76/share. That's a $8.27 share price drop, or -55.02% decline from the 52-week high of $15.03 set back on 09/14/2012. L...
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Sitting Tight

Forbes - 21 Aug 2013 17:51
There is an overwhelming sense of caution hovering over equity markets. As our friends at Strategas highlight, a casual scroll across recent headlines of CNBC or Barron's reveals this cautious sentiment. "The Long Term R...
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Miss APO's $25 Offering But Think It's A Steal At $20? Looking back to 104 days ago, Apollo Global Management LLC (NYSE: APO) priced a 21,100,000 share secondary stock offering at $25 per share. Buyers in that offering made a considerable investment into the company, expecti...
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Commit To Purchase Dynex Capital At $7.50, Earn 20.6% Annualized Investors eyeing a purchase of Dynex Capital, Inc. (NYSE: DX) shares, but cautious about paying the going market price of $7.92/share, might benefit from considering selling puts among the alternative strategies at their...
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Agree To Purchase Merck & Co. At $30, Earn 2.1% Investors considering a purchase of Merck & Co., Inc (NYSE: MRK) shares, but tentative about paying the going market price of $47.51/share, might benefit from considering selling puts among the alternative strategies at ...
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Commit To Purchase Best Buy At $20, Earn 5.8% Investors considering a purchase of Best Buy Inc (NYSE: BBY) shares, but cautious about paying the going market price of $34.47/share, might benefit from considering selling puts among the alternative strategies at their...
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Agree To Buy Hewlett-Packard At $15, Earn 6% Investors eyeing a purchase of Hewlett-Packard Co (NYSE: HPQ) stock, but tentative about paying the going market price of $25.56/share, might benefit from considering selling puts among the alternative strategies at thei...
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Agree To Buy Abercrombie & Fitch Co. At $32, Earn 7.5% Investors considering a purchase of Abercrombie & Fitch Co. (NYSE: ANF) stock, but tentative about paying the going market price of $47.40/share, might benefit from considering selling puts among the alternative strategi...
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