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Market News

Location American Market News for 2 October 2013
Nikkei falls to two-week low, Shinzo Abe stimulus fails to inspire Nikkei falls 0.7%; SoftBank hits 13-1/2-year high
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Investors Cheer The Government Shutdown And Why Not Maybe the government shutdown will wake the politicians up
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Strategy To YieldBoost Weight Watchers International To 5.5% Shareholders of Weight Watchers International (NYSE: WTW) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the January 2016 covered call at the $55 strike and collect the premium b...
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Alcoa's $1.2 Billion Drag: Analyst Makes Case For Breakup Smelting capacity and a glut of global aluminum inventory spell trouble for the Dow reject
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(Kitco News) - Comex gold prices ended the U.S. day session sharply higher Wednesday and took back most of Tuesday's heavy losses. The anxiety regarding the U.S. government shutdown and U.S. lawmakers' impasse on agreei...
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NSEL runs risk of shutdown as tax probe progresses

livemint.com - 2 Oct 2013 20:18
NSEL runs risk of shutdown as tax probe progresses Spot exchange may be shut down if the I-T department finds anything 'adverse' in probe, says government official
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PSUs may find difficult to utilize funds that they raise overseas Three public sector financial institutions were asked to raise a total of $4 billion by selling bonds
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Tumi Stock Not Worth The Baggage

Forbes - 2 Oct 2013 20:15
Tumi Stock Not Worth The Baggage Tumi Holdings lowered full-year earnings and sales guidance in August.
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Be Wary Of Slippery Footing For Beacon Roofing Beacon Roofing (BECN - Analyst Report) has seen estimates for 2013 and 2014 fall recently. A recent downgrade has pushed the Zacks Rank to the lowest level. BECN is a Zacks Rank #5 (Strong Sell). It is the Bear of the Da...
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Cash Dividend On The Way From KKR Financial Holding Series A Preferred Shares On 10/4/13, KKR Financial Holding LLC's 7.375% Series A LLC Preferred Shares (NYSE: KFN.PR) will trade ex-dividend, for its quarterly dividend of $0.4609, payable on 10/15/13. As a percentage of KFN.PR's recent share pri...
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Vanguard Natural Resource Series A Cumulative Redeemable Perpetual Preferred Units Goes Ex-Dividend Soon On 10/4/13, Vanguard Natural Resource LLC's 7.875% Series A Cumulative Redeemable Perpetual Preferred Units (NASD: VNRAP) will trade ex-dividend, for its monthly dividend of $0.1641, payable on 10/15/13. As a percentage ...
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Cash Dividend On The Way From Toronto Dominion Bank's Class A First Preferred Shares, Series Q On 10/4/13, Toronto Dominion Bank's Class A First Preferred Shares, Series Q (Toronto: TD-PRQ) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 10/31/13. As a percentage of TD.PRQ's recent share pr...
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Billionaire Dan Loeb Blasts Sotheby's CEO For Spending 'Hundreds Of Thousands' On Luxury Lunches Dan Loeb is waging war at Sotheby's, calling for CEO William Ruprecht to step down and arguing the company is losing out to rival Christie's in every front, from online strategy to international expansion.
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Ten Chip Stocks Under $10 Set To Rebound

Forbes - 2 Oct 2013 18:45
Ten Chip Stocks Under $10 Set To Rebound These tech stocks are off their highs of recent years but have solid fundamentals. Now's a good time to get in.
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(Kitco News) - A weaker-than-forecast report on U.S. private-sector payrolls at a time of a partial government shutdown has added to doubts that the Federal Open Market Committee will taper quantitative easing this month...
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Sebastian Vettel has dominated Formula One for the past three years and looks set to win a fourth straight driver's championship -- but that could all change when the winds of change are unleashed on the sport.
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Commit To Buy McDermott International At $5, Earn 7% Investors eyeing a purchase of McDermott International (NYSE: MDR) stock, but tentative about paying the going market price of $7.46/share, might benefit from considering selling puts among the alternative strategies at ...
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Commit To Buy Office Depot At $3, Earn 13.3% Investors considering a purchase of Office Depot (NYSE: ODP) stock, but tentative about paying the going market price of $4.90/share, might benefit from considering selling puts among the alternative strategies at their ...
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(Kitco News) -Commodity indexes may have a new buddy as a physically-backed diamond investment product, available to exchanges around the world, is pushing closer to reality.
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Commit To Buy Clean Energy Fuels Corp At $10, Earn 9% Investors considering a purchase of Clean Energy Fuels Corp (NASD: CLNE) stock, but cautious about paying the going market price of $13.94/share, might benefit from considering selling puts among the alternative strategi...
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 (Kitco News) - Total assets under management in global commodity exchange-traded products rose in the third quarter for the first time in a year, said ETF Securities Wednesday.
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Commit To Purchase Apollo Group At $13, Earn 7.5% Investors eyeing a purchase of Apollo Group (NASD: APOL) stock, but tentative about paying the going market price of $21.09/share, might benefit from considering selling puts among the alternative strategies at their dis...
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