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Market News

Location American Market News for 26 September 2013
Kingfisher shares jump 10% on foreign investment hopes Shares rise after Kingfisher said it is in talks with a "foreign" investor to get funds for a restart
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Candy Crush creator King files for IPO in America Exclusive: King, the British computer games maker behind Candy Crush Saga, has quietly filed documents for an initial public offering in the US.     
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Nike Breaks Into Record Territory As Sales In Europe Offset Weakness In China And Japan Nike delivered solid first quarter earnings, beating bottom line estimates as its products sold well across the globe, and particularly in Europe, contrasting with weakness in China and Japan.
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Sebi set to overhaul listing, M&A norms

livemint.com - 26 Sep 2013 20:18
Sebi set to overhaul listing, M&A norms Sebi to fine-tune the listing agreement norms, regulations related to the issue of capital and disclosure requirements
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Nations with twin deficits under scrutiny: Selena Ling OCBC's Selena Ling on why the US remains strategically important for Asia and comparisons of the current crisis with the 1997 Asian financial crisis
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FT group's stake in Dubai-based DGCX falls to 31%

livemint.com - 26 Sep 2013 19:54
FT group's stake in Dubai-based DGCX falls to 31% FTIL, MCX stake down from 44% after they chose not to subscribe to the West Asian bourse's rights issue
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WANdisco raises £19m from investors

Telegraph - 26 Sep 2013 19:52
Shares in the big data group have surged since its flotation last year.     
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Sun Communities Series A Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket On 9/30/13, Sun Communities, Inc.'s 7.125% Series A Cumulative Redeemable Preferred Stock (NYSE: SUI.PRA) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 10/15/13. As a percentage of SUI.PRA's r...
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Kimco Realty Class I Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon On 9/30/13, Kimco Realty Corp.'s 6.00% Class I Cumulative Redeemable Preferred Stock (NYSE: KIM.PRI) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 10/15/13. As a percentage of KIM.PRI's recent ...
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Cash Dividend On The Way From Bank of Nova Scotia Halifax's Non-cumulative Preferred Shares Series 12 On 9/27/13, Bank of Nova Scotia Halifax's Non-cumulative Preferred Shares Series 12 (Toronto: BNS-PRJ) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 10/29/13. As a percentage of BNS.PRJ's rece...
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BCE Series AF Preferred Shares About To Put More Money In Your Pocket On 9/27/13, BCE Inc.'s Series AF Preferred Shares (Toronto: BCE-PRF) will trade ex-dividend, for its quarterly dividend of $0.2838, payable on 11/1/13. As a percentage of BCE.PRF's recent share price of $22.40, this divi...
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Ex-Div Reminder for Federal Agricultural Mortgage Non-Cumulative Preferred Stock, Series A On 9/30/13, Federal Agricultural Mortgage Corp.'s 5.875% Non-Cumulative Preferred Stock, Series A (NYSE: AGM.PRA) will trade ex-dividend, for its quarterly dividend of $0.3672, payable on 10/17/13. As a percentage of AGM...
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(Kitco News) - Five years after the credit crisis and subsequent financial market crashes, the need for portfolio diversification remains an important lesson.
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Denver (Kitco News) -The recently announced high-grade ounces added to SEMAFO Inc.'s (TSX: SMF) Siou deposit, located within the company's Mana gold reserves in Burkina Faso, are just the beginning.
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Denver (Kitco News) -The manager of a gold mutual fund anticipates that mining companies will report "OK" earnings for the third quarter and is hopeful that the combination of spending cuts and currency factors will lea...
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China Prepares Big Bang Financial Reforms

Forbes - 26 Sep 2013 18:30
China Prepares Big Bang Financial Reforms There's growing speculation that China will soon announce an overhaul of its financial system to address increasing risks from escalating debt.
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Use Quarterly Pivots To Stay On Track

Forbes - 26 Sep 2013 18:19
Use Quarterly Pivots To Stay On Track tocks had another feeble rally attempt on Wednesday but closed weak, and while Durable Goods were better than expected, prior months were revised downward. New Home sales were better than expected, but the focus seemed t...
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Business news and markets: as it happened - September 26, 2013 US GDP grew by 2.5pc in the second quarter, following a 1.1pc expansion in the first quarter, according to the US commerce department.     
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FII investment in MCX meets trigger limit, says RBI

livemint.com - 26 Sep 2013 18:11
FII investment in MCX meets trigger limit, says RBI RBI did not provide the trigger limit up to which FIIs can purchase equity shares in MCX
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Facebook And Zynga Go From Dogs To Darlings

Forbes - 26 Sep 2013 17:57
Facebook And Zynga Go From Dogs To Darlings Facebook is continuing its move, up another $1.01, or 2%, to $49.46, on 87.6 million shares. That was only 8 cents off the day's high and the post-IPO all-time high.
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Thursday's ETF Movers: XBI, GDXJ

Forbes - 26 Sep 2013 17:57
In trading on Thursday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Pharmacyclics (PCYC), up about 8.3% and s...
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In trading on Thursday, precious metals shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of Vista Gold (VGZ), down about 11% and shares of Golden Star Resources Limite...
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