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Market News

Location American Market News for 30 August 2013

Nasdaq says software bug caused trading outage

livemint.com - 30 Aug 2013 08:33
Nasdaq says software bug caused trading outage Nasdaq says outage triggered by problems at NYSE Euronext's Arca exchange that led a key backup system to fail
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Hangover Of Bearish Sentiment Creates Upside For Caesars Wall Street refuses to adjust pessimistic outlook on CZR, despite its technical tear. Options players wanting to bet on further upside for Caesars Entertainment may wish to consider purchasing the equity's in-the-money D...
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Microsoft Cuts Deal With ValueAct To Take Input, Board Member From Hedge Fund After announcing CEO will leave, tech giant lets hedge fund into the tent.
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New 52-Week Low Could Prompt More Insider Buying At IRM In trading on Friday, shares of Iron Mountain Inc (NYSE: IRM) touched a new 52-week low of $25.76/share. That's a $13.95 share price drop, or -35.13% decline from the 52-week high of $39.71 set back on 05/13/2013. Large ...
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CRM's Earnings Breakout All In The Charts

Forbes - 30 Aug 2013 20:36
CRM's Earnings Breakout All In The Charts In a previous post, I outlined the power of the "pullback off highs pattern and how it can be used to forecast the market's reaction to a pending earnings report. Salesforce.com (CRM) is an excellent example of how this ...
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(Kitco News) - Economic data will help determine price direction for the gold market next week, with market participants awaiting the critical monthly nonfarm payrolls data.
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Liking The Looks Of A Special Situation At Data I/O DAIO hit a few bumps in that change road a couple of years back and missed out on a couple of crucial industry trends but it looks to me like they've managed to climb their way back to the top, setting a turnaround in mo...
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How To Hire An Investment Advisor

Forbes - 30 Aug 2013 20:04
How To Hire An Investment Advisor If you manage to save up enough money to worry about it -- and I hope you have this problem -- you eventually wonder if you need to hire an investment advisor.
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Aviva unsettled by Barclays analysts

Telegraph - 30 Aug 2013 19:54
Aviva unsettled by Barclays analysts The insurer's shares were heavy fallers in a weak market.
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Carl Icahn Raises Nuance Stake To 16.9%

Forbes - 30 Aug 2013 19:39
Carl Icahn Raises Nuance Stake To 16.9% Shares of Nuance rise as the billionaire activist investor lays the groundwork to potentially put an ally on the board, and push for change at the speech-recognition company.
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Weingarten Realty Investors's Series F Cumulative Redeemable Preferred Shares Goes Ex-Dividend Soon On 9/3/13, Weingarten Realty Investors's 6.50% Series F Cumulative Redeemable Preferred Shares (NYSE: WRI.PRF) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 9/13/13. As a percentage of WRI.PRF...
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Bank of New York Mellon Corp's Series C Noncumulative Preferred Stock Goes Ex-Dividend Soon On 9/3/13, Bank of New York Mellon Corp's Series C Noncumulative Perpetual Preferred Stock (NYSE: BK.PRC) will trade ex-dividend, for its quarterly dividend of $0.33, payable on 9/20/13. As a percentage of BK.PRC's recen...
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With Wallets Tight, Consumers Prioritize Spending On Homes And Cars Mall-based retail and even some higher-end shops are struggling as Americans narrow spending to homes, autos.
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Insiders Now Seeing Red With ACC At New 52-Week Low In trading on Friday, shares of American Campus Communities Inc (NYSE: ACC) touched a new 52-week low of $33.72/share. That's a $14.77 share price drop, or -30.46% decline from the 52-week high of $48.49 set back on 01/1...
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Drilling For Dividends Offshore With Ensco

Forbes - 30 Aug 2013 19:19
Drilling For Dividends Offshore With Ensco Shares of Ensco are historically cheap at 8.5 times expected 2013 EPS of $6.47, up 18% from 2012.
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Markets Are Saying Economic Recovery Has Peaked With economies in China and Japan, the world's second and third largest economies slowing, and economies in emerging markets and the 17-nation eurozone struggling mightily, hopes have been that the U.S. economic recovery...
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The Hottest Cars in Detroit

Forbes - 30 Aug 2013 18:34
The Hottest Cars in Detroit The best of the new products at the North American International Auto Show
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Magna Rolling Higher With Boom In Auto Sales Tesla has made cars sexy again. The auto industry is in the middle of a renaissance, and that includes the auto parts suppliers like Magna International Inc. (MGA - Analyst Report). This Zacks Rank #1 (Strong Buy) has su...
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Biotech Billionaire Takes A Beating Toying Around With JAKKS Pacific When a rich activist investor is involved in a stock, sitting on a loser tends to make them very impatient, and that can speed up the timeline of their game plan to unlock value in a company.
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Gold Survey: Higher Prices Expected For Gold Next Week (Kitco News) - Higher prices are expected for gold next week, with a slight majority of participants in the Kitco News Gold Survey citing supportive technical charts.
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(Kitco News) - Improving economic conditions in Europe are not providing much support or direction for gold prices, said analysts. Uncertainty about Greece?s economy or German elections might not be enough to drive price...
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(Kitco News) - Gold futures rose this week on geopolitical tensions surrounding Syria but gave up those gains on ideas that a military strike on the country by the U.S. and its allies may not be imminent after all.
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