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Market News

Location American Market News for 24 August 2013
Nasdaq shutdown forces SEC's White into fight with market perils White vows to finish a rule proposed in March to require exchanges to test the reliability of their technology
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Wonder Material Ignites Patent Frenzy

Wall Street Journal - 24 Aug 2013 06:05
Graphene, an atom-thick flexible material that's stronger than steel and speedier with electrons than silicon, has ignited a global scientific gold rush to understand it and patent its every imaginable use.
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Lotus hopeful on Raikkonen

CNN - 24 Aug 2013 18:10
Eric Boullier, the Team Principal of Lotus F1, on the future of Kimi Raikkonen and the team's hopes for the remainder of the season.
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Hamilton counts 'blessing' at Spa

CNN - 24 Aug 2013 18:08
Lewis Hamilton couldn't believe his luck after snatching a fourth successive pole position at a rain-affected qualifying session for Sunday's Belgian Grand Prix.
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Nasdaq Flash Freeze Shows Markets Still Aren't Safe Exchange's hours-long outage does little to inspire confidence in financial markets.
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From Hungry Squirrels To The Flash Freeze: Market Mayhem Through The Years The August 22, three-hour outage on the Nasdaq stock market is just the latest example of how a technical glitch and inconsistent communication.
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Gold hits 9-month high; silver regains Rs54,000 mark

livemint.com - 24 Aug 2013 13:18
Gold hits 9-month high; silver regains Rs54,000 mark Pure gold of 99.9% purity jumped by Rs635 to end at Rs31,945 per 10 gm from Rs31,310
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European Stocks Beckon to Investors

Wall Street Journal - 24 Aug 2013 06:11
Experts say there are stock bargains to be found as EU economies rebound.
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Goldman Arrangement Muddles FireEye IPO

Wall Street Journal - 24 Aug 2013 05:42
The planned initial public offering of FireEye puts Goldman Sachs on two sides of the nine-year-old networking-security company.
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J.P. Morgan to Trim Foreign Ties

Wall Street Journal - 24 Aug 2013 04:51
The lender is looking to scale back its dealings with banks outside of the U.S. as it tries to reduce risk and tighten up controls in the face of heightened regulatory scrutiny.
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Argentina Bond Case Set for Showdown

Wall Street Journal - 24 Aug 2013 04:12
A U.S appeals court ruled in favor of Argentina's holdout creditors in their bid to be paid in full on long-defaulted bonds. That sets the stage for a Supreme Court showdown and increases the odds that Argentina will def...
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A Shift in Crackdown on Overseas Tax

Wall Street Journal - 24 Aug 2013 03:52
A high-level lawyer's guilty plea suggest a new direction for pursuit of overseas assets.
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U.S. Stocks Gain

Wall Street Journal - 24 Aug 2013 03:34
U.S. stocks ended the week on a bright note, as a drop in Treasury yields and a rally in Microsoft helped divert investors' attention from recent concerns over Fed policy.
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The Week Ahead: A Contrary Bet For 2014

Forbes - 24 Aug 2013 01:40
The Week Ahead: A Contrary Bet For 2014 It was a rough week for the exchanges as the three-hour halt in Nasdaq trading on Thursday was unprecedented. There was no comment from the Nasdaq until well after the close. On Friday, their response also seemed to be l...
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When IRAs and Startups Collide

Wall Street Journal - 24 Aug 2013 01:17
Investing in a new business using an IRA or 401(k) calls for caution.
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BofA to Investigate Intern's Death

Wall Street Journal - 24 Aug 2013 00:05
The bank will examine whether interns and other junior employees are encouraged to work overly long hours, or are pushed into unhealthily competitive environments as they vie for a limited number of jobs.
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