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Market News

Location American Market News for 25 September 2013

'I did it my way,' says F1's 'Lazarus'

CNN - 25 Sep 2013 23:51
He was given last rites by a priest after suffering life-threatening injuries in a race accident, but returned to the track just 42 days later and went on to win two more world titles. Niki Lauda reveals how he defied hi...
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Twitter leaning towards NYSE market debut for IPO listing Twitter's planned IPO has set off a horse race for the high-profile deal
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Why You Should Take A Bite Of This Flavor Developer Be watchful and wary, but stay fully invested.
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Ten Ratios To Make You Money In Stocks

Forbes - 25 Sep 2013 22:50
Ten Ratios To Make You Money In Stocks Evaluating stocks to buy and sell can be a tricky business, even with all of the data available at your fingertips. Out of the dozens of ratios and metrics that give clues to the financial health of a company, a few of t...
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KITCO NEWS INTERVIEW: Demand For Physical Gold Could Last Decades - New WGC Chairman (Kitco News) -The strong physical demand for gold that started in April, after the worst price drop in 30 years, is just the start of a new trend that could last for decades said Randall Oliphant the new chairman of the...
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J.P. Morgan Discussing $11 Billion Settlement

Wall Street Journal - 25 Sep 2013 21:42
J.P. Morgan Chase is in discussions to settle probes related to mortgage-backed securities for $11 billion. The amount being discussed would include $7 billion cash and $4 billion in relief to consumers.
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U.S. Stocks Broadly Lower

Wall Street Journal - 25 Sep 2013 21:35
Wal-Mart Stores weighed on the Dow industrials and buyers remained cautious after strong quarterly gains.
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Rules to avail swap facility on foreign currency borrowings eased Minimum maturity requirement to avail swap facility for banks' foreign currency borrowings lowered to one year
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(Kitco News) - Comex gold futures prices put on a late-morning surge and held those gains into the close Wednesday, to finish solidly higher in the day. The market saw more short-covering, bargain hunting and a technica...
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Believe auditor reports at your own peril?

livemint.com - 25 Sep 2013 20:44
Believe auditor reports at your own peril? Deloitte Haskins and Sells on Tuesday said FTIL's financial results for fiscal year 2012-13 should no longer be relied upon
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Sebi set to probe FTIL statements

livemint.com - 25 Sep 2013 20:37
Sebi set to probe FTIL statements Market regulator's investigation to see if FTIL misrepresented facts and figures to shareholders
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ICAP Fined $87 Million in Libor Probe

Wall Street Journal - 25 Sep 2013 20:23
U.S. and U.K. regulators leveled the fines against the London-based brokerage for the firm's role in the manipulation of benchmark interest rates. The U.S. also charged three former ICAP brokers with criminal fraud.
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FHA Likely Faces Reserve Shortfall

Wall Street Journal - 25 Sep 2013 20:23
The Federal Housing Administration, which emerged as a major provider of residential mortgages throughout the housing downturn, is likely to require at least $1 billion from the Treasury Department at the end of the mont...
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U.K. Tussle Shows Pitfalls of Investor-Led Bank Rescues

Wall Street Journal - 25 Sep 2013 18:38
A conflict between bondholders, regulators and executives over saving U.K. lender Co-operative Bank shows it isn't easy to make investors shoulder the burden of saving banks.
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Top 40 Buffett Quotes: Inspiration To Become A Better Investor Many people are already working at the type of companies Buffett is searching for. They have an intimate knowledge of the business, management, and the prospects for the company. Yet, it's funny because they are more lik...
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Regulator Drops Probe of Silver Trading

Wall Street Journal - 25 Sep 2013 18:11
U.S. commodity regulators have closed a high-profile investigation into alleged manipulation of the silver market without charging any firms or individuals, concluding there is no "viable basis" for a case.
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For a Yellen Fed, Smooth Transition Will Be Tall Order

Wall Street Journal - 25 Sep 2013 18:10
Capital: Columnist David Wessel outlines the challenges the presumptive Fed nominee Janet Yellen would face in taking over the central bank, including managing the exit from years of easy money and a discordant message f...
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Miss WPZ's $49 Secondary But Think It's A Buy At $45? Looking back to 54 days ago, Williams Partners L.P. (NYSE: WPZ) priced a 21,500,000 share secondary stock offering at $49.00 per share. Buyers in that offering made a considerable investment into the company, expecting t...
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Commit To Buy Shutterfly At $37.50, Earn 9.1% Investors eyeing a purchase of Shutterfly (NASD: SFLY) stock, but cautious about paying the going market price of $57.49/share, might benefit from considering selling puts among the alternative strategies at their dispos...
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Commit To Purchase Fusion-io At $8, Earn 9.4% Investors considering a purchase of Fusion-io (NYSE: FIO) stock, but cautious about paying the going market price of $14.12/share, might benefit from considering selling puts among the alternative strategies at their dis...
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Agree To Purchase Southern Company At $33, Earn 3.2% Investors considering a purchase of Southern Company (NYSE: SO) shares, but tentative about paying the going market price of $41.97/share, might benefit from considering selling puts among the alternative strategies at t...
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Is the worst over for Jain Irrigation?

livemint.com - 25 Sep 2013 17:42
Is the worst over for Jain Irrigation? The operating environment is expected to be better for the rest of the year, helped by a good monsoon and more buoyant outlook among farmers
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