Market News
Storage Wars Seize Metals Market
Wall Street Journal - 30 Sep 2013 23:58
Controversy over the role of warehouses overshadowed the metals market, and traders and analysts are debating the likely impact of changes to storage rules now in the works.
Netflix Climbs, JC Penney Crumbles To Pace Market's Q3 Movers
Forbes - 30 Sep 2013 23:35
Stocks stumble to cap quarter, but long-running gains persist.
Kitco News LBMA Coverage: Market At A Pivotal Point: CME Metals Managing Director
Forbes - 30 Sep 2013 23:11
(Kitco News) - Asian demand is not only playing a key role in the physical gold market but also on the Comex exchange, said Harriet Hunnable, Managing Director Metals of CME Group.
Iceland Bank Seeks Loan Extension
Wall Street Journal - 30 Sep 2013 22:25
Iceland's state-owned bank Landsbanki is looking to renegotiate the terms of a $2.4 billion loan, in a move that could slow payments to foreign governments that helped bail out the country's banking sector following its ...
J.P. Morgan Employee Helps in U.S. Probe
Wall Street Journal - 30 Sep 2013 22:18
The Justice Department's pursuit of possible criminal charges against J.P. Morgan over the sale of mortgage securities is based in part on a key cooperator from inside the bank who is aiding the government.
U.S. Stocks Decline Amid Budget Standoff
Wall Street Journal - 30 Sep 2013 22:18
Stocks extended broad declines, as the close of trading approached and Congress didn't look any closer to a deal to avoid a partial government shutdown.
Five Debt-Collectors Settle Over Payday-Loan Rates
Wall Street Journal - 30 Sep 2013 21:47
New York Attorney General Eric Schneiderman's office said it reached settlements with five debt-collection firms that allegedly collected on payday loans that violate the state's ban against high interest rates.
Government Shutdown Could Disrupt Twitter's IPO Timeline
Forbes - 30 Sep 2013 21:32Why Private Placements are Still Trouble: Five Questions to Ask
Forbes - 30 Sep 2013 21:19Former employee alleges false trades at FTIL unit
livemint.com - 30 Sep 2013 20:24
Former worker seeks damages from GBOT, says trades violated Mauritius's money laundering laws
Investors Should Embrace The Market's Decline With An Opportunistic Outlook
Forbes - 30 Sep 2013 20:18
History says that while Congress may force the S&P 500 to endure another 5% or more decline, it may end up as a gift to investors. The peak-to-trough decline associated with the shutdown of the U.S. government between De...
A Top Porsche Collector Offers Classic Car Buying Tips
Forbes - 30 Sep 2013 20:17Batista's OGX Set to Miss Bond Payment
Wall Street Journal - 30 Sep 2013 20:04
Eike Batista's flagship oil company, OGX, plans to miss a $44.5 million bond interest payment due Tuesday, which would be the largest default by a Latin American firm.
Saul Centers Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon
Forbes - 30 Sep 2013 19:39Domestic pharma market sales in slow motion
livemint.com - 30 Sep 2013 19:38
Sales in September quarter are likely to underperform, affecting the domestic business of pharmaceutical companies
Has the balance of payments problem bottomed out?
livemint.com - 30 Sep 2013 19:36
The Fed putting off its taper means the roll-over risk of debt has also come down for the time being
SEC Bars Former KPMG Partner in Insider-Trading Case
Wall Street Journal - 30 Sep 2013 19:28
The SEC barred a former KPMG LLP partner from auditing public companies because of his admitted involvement with an insider-trading scheme.
Washington Standoff Threatens Recovery
Wall Street Journal - 30 Sep 2013 18:54
Washington's budget standoff is spooking businesses and consumers, threatening the recovery even if lawmakers avoid a government shutdown or a default on the nation's debt.
Sebi orders bourses to avoid trading suspension
livemint.com - 30 Sep 2013 18:52
Sebi says if a company does not comply with listing norms exchanges have to impose fines on a per-day basis