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Market News

Location American Market News for 28 August 2013

BRIC Countries Can Do No Right

Forbes - 28 Aug 2013 17:06
BRIC Countries Can Do No Right The BRIC countries, especially Brazil, India and China are all experiencing a change of fortune.
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In one corner there is the brilliant octogenarian Martin Lipton, founder of one of the nation's most powerful and influential law firms, Wachtel, Lipton, which made it's name in the giant merger and acquisition battles o...
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Emerging markets stocks drop to seven-week low on Syria as rupee slumps Stocks, currencies sink on as speculation grows that the US will take military action in Syria
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All I wanted to do was sign up for Time Warner's Signature service to obtain 3 services for one price, internet, cable tv and telephone. I signed up in May and asked them not to tell my telephone carrier, AT&T, explainin...
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Sebi reviews IPO norms for stock exchanges

livemint.com - 28 Aug 2013 20:33
Sebi reviews IPO norms for stock exchanges Sebi allowed stock exchanges to float IPOs last year, but many clauses are ambiguous and make listing unviable
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NSEL makes public list of 10 defaulters, clients

livemint.com - 28 Aug 2013 20:21
NSEL makes public list of 10 defaulters, clients Investors stage protest against NSEL even as exchange's promoter says all commitments will be honoured
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(Kitco News) - Comex gold futures prices are modestly higher in afternoon trading Wednesday, recovering from a mild profit-taking and corrective pullback seen in late-morning trading. More safe-haven investor demand and ...
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Searching For The Next Short Squeeze In RadioShack, ITT When you find stocks with strong momentum coupled with high short interest as a percentage of float, you have situations where a short squeeze could be imminent.
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Options Traders See More Sparkle In Zale And Chico's ZLC - Zale Corporation - Shares in jewelry retailer, Zale Corp., are soaring today, rallying as much as 23.6% during morning trading to touch a new four-year high of $11.08 after the company posted a narrower than expect...
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Insiders Seeing Green With ENDP At New 52-Week High In trading on Wednesday, shares of Endo Health Solutions Inc (NASD: ENDP) touched a new 52-week high of $40.51/share. That's a 61.98% rise, or $15.5 per share from the 52-week low of $25.01 set back on 01/04/2013. That m...
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Avago Closes In On New Highs With Push From Blowout Quarter The company has had a long-term relationship with Apple. Apple has been using power amplifiers from Avago in its iPhones.
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Crude Rises After Inventory Data

Wall Street Journal - 28 Aug 2013 18:34
Oil futures rose as traders continued to worry that a potential military strike in Syria could lead to crude supply disruptions.
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U.S. crude climbs over $110 for first time since May 2011.
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Miss BKU's $25.25 Secondary But Think It's A Deal At $25? Looking back to 173 days ago, BankUnited Inc. (NYSE: BKU) priced a 19,600,000 share secondary stock offering at $25.25 per share. Buyers in that offering made a considerable investment into the company, expecting that th...
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Miss ETP's $48.05 Secondary But Think It's A Deal At $40? Looking back to 145 days ago, Energy Transfer Partners L P (NYSE: ETP) priced a 12,000,000 share secondary stock offering at $48.05 per share. Buyers in that offering made a considerable investment into the company, expe...
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Commit To Purchase Autodesk At $28, Earn 7.4% Investors eyeing a purchase of Autodesk (NASD: ADSK) stock, but cautious about paying the going market price of $36.95/share, might benefit from considering selling puts among the alternative strategies at their disposal...
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Commit To Buy Groupon At $5, Earn 12%

Forbes - 28 Aug 2013 17:41
Commit To Buy Groupon At $5, Earn 12% Investors eyeing a purchase of Groupon (NASD: GRPN) stock, but tentative about paying the going market price of $10.09/share, might benefit from considering selling puts among the alternative strategies at their disposal...
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Commit To Purchase Vivus At $8, Earn 17.1%

Forbes - 28 Aug 2013 17:40
Commit To Purchase Vivus At $8, Earn 17.1% Investors considering a purchase of Vivus, Inc. (NASD: VVUS) shares, but cautious about paying the going market price of $12.25/share, might benefit from considering selling puts among the alternative strategies at their...
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Commit To Purchase Sarepta Therapeutics At $23, Earn 17.4% Investors eyeing a purchase of Sarepta Therapeutics Inc (NASD: SRPT) shares, but tentative about paying the going market price of $34.74/share, might benefit from considering selling puts among the alternative strategies...
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(Kitco News) - Gold futures backed down from their overnight highs Wednesday on apparent long liquidation and are oscillating slightly on either side of unchanged levels, but with the market hanging onto most of its rece...
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Insights From The New-Low List

Forbes - 28 Aug 2013 17:24
Insights From The New-Low List As suggested by the technical evidence after Monday's close, stocks got hammered on Tuesday with very negative market internals as the ARMs Index closed at 2.47, reflecting heavy selling pressure. Asian markets were also...
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Senna vs. Fangio: Who is the greatest?

CNN - 28 Aug 2013 17:23
Senna vs. Fangio: Who is the greatest?
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