Market News
The Biggest U.S. IPOs Of The Last 25 Years
Forbes - 29 Aug 2013 16:06
Facebook's splashy debut raised the second-most money of any American company since 1986.
Nasdaq blames massive trading halt on software bug
Telegraph - 29 Aug 2013 22:18
The Nasdaq's massive trading halt last week was due to a software bug and other internal technology issues triggered by problems at NYSE Euronext's Arca exchange that led a key backup system to fail, the exchange operato...
P.M. Kitco Roundup: Gold Ends Moderately Lower On Profit Taking, Stronger U.S. Dollar Index
Forbes - 29 Aug 2013 21:26
(Kitco News) -Gold prices ended the U.S. day session moderately lower but up from the daily low Thursday, on some profit taking and a technical correction after recent gains that saw the market hit a 3.5-month high Wedne...
Nasdaq Accepts Blame For Outage, Says Data Surge From NYSE Arca Was Prime Cause
Forbes - 29 Aug 2013 21:25Why Union Pacific's Profit Margins Keep Chugging Higher
Forbes - 29 Aug 2013 21:24Facebook's International Business Has Significant Upside
Forbes - 29 Aug 2013 21:15Nasdaq Calls Freeze 'Unacceptable'
Wall Street Journal - 29 Aug 2013 21:14
Nasdaq officials believe a market failure like Aug. 22's couldn't recur after changes that were made in its wake.
Verizon Deal Could Happen Within a Week
Wall Street Journal - 29 Aug 2013 21:07
Verizon Communications is in talks to pay as much as $130 billion for Vodafone's stake in their U.S. wireless venture in a deal that could be completed within a week.
Sprint Now Faces An Uphill Battle For Subscribers
Forbes - 29 Aug 2013 21:00Zurich Chairman Steps Down After Death of Finance Chief
Wall Street Journal - 29 Aug 2013 20:51
Zurich Insurance Group Chairman Josef Ackermann has resigned following the death this week of group Chief Financial Officer Pierre Wauthier.
U.S. Stocks Climb
Wall Street Journal - 29 Aug 2013 20:39
Stocks advanced as the threat of immediate military action against Syria waned and following a strong reading on the pace of U.S. economic growth.
Treasurys Rebound After Auction
Wall Street Journal - 29 Aug 2013 20:04
Treasurys turned positive after a mixed seven-year auction as investors fret over the future of the Fed's bond-buying program.
Strategists warn of further turbulence
Telegraph - 29 Aug 2013 19:59
Bank of America Merrill Lynch asked whether a crash was on the horizon.
J.P. Morgan Investigating its Hiring in Asia
Wall Street Journal - 29 Aug 2013 19:30
J.P. Morgan Chase has set up a task force to probe its hiring practices in Asia as a result of a U.S. investigation into its employment of relatives of connected Chinese political officials.
FOCUS: Emerging Market Rout May Hit Gold Purchases
Forbes - 29 Aug 2013 19:25
(Kitco News) -Emerging markets are under significant pressure as investors flee the currency, equity and bond markets of those nations, spurred by the discussion of when the Federal Reserve may begin to curb some of its ...
Insiders Seeing Green With GMCR At New 52-Week High
Forbes - 29 Aug 2013 19:12Options Players Bet On Vodofone Verizon Hook Up, Sour On Fresh Market
Forbes - 29 Aug 2013 19:0710 Bizarre Investment Strategies
Forbes - 29 Aug 2013 19:07
There are plenty of options for people who'd prefer to avoid traditional plans--but tread carefully.
China Banks Fear Bad Loans Could Rise
Wall Street Journal - 29 Aug 2013 18:43
Chinese bank executives signaled concern that bad loans could rise, as earnings continued to slow. Slower economic growth, borrower overcapacity are weighing on asset quality.
A month of market misery
livemint.com - 29 Aug 2013 18:42
Markets remained under severe stress as the rupee lost around 9%, deepening fears about the country's fiscal condition
Caesars And Zale Still Have Gas In The Tank
Forbes - 29 Aug 2013 18:23
Zale had a monster day on Wednesday, exploding on earnings out of a major-consolidation zone of the last three months, up 30% on 7.2 million shares, and closed at the upper end of the range.
Business news and markets: as it happened - August 29, 2013
Telegraph - 29 Aug 2013 18:05
Dollar jumps on news US economy grew much more than previously thought in second quarter.