Market News
SEC Studies Exchanges' Regulatory Role
Wall Street Journal - 3 Oct 2013 05:32
The SEC's chairman opened the door to a potential overhaul of financial-market oversight, saying the special regulatory status of U.S. exchanges may not best serve investors or public companies.
Investor Launches Attack on Sotheby's
Wall Street Journal - 3 Oct 2013 06:03
Dan Loeb is adding art criticism to his investor activism, accusing the management of auction powerhouse Sotheby's of failing to understand what kind of art sells best.
European Banks Hold Out on Detroit
Wall Street Journal - 3 Oct 2013 04:32
Banks in Germany, Belgium and Luxembourg that own about $1 billion of bankrupt Detroit's bonds are taking a page out of the hedge-fund playbook to carve out their share of the city's meager cash pile.
On Wall Street's Scoreboard, J.P. Morgan Comes in First by Far
Forbes - 3 Oct 2013 22:52
The stakes facing J.P. Morgan Chase are formidable. Just over the past 9 months of 2013 J.P. Morgan Chase ranks first in revenue,($4.66 billion) first in the underwriting of new global stocks and bonds,($384 bill...
Global markets, dollar fall as budget standoff drags on
livemint.com - 3 Oct 2013 21:52
US government still shut, debt ceiling deadline looms, Wall Street slumps
Tesco rallies despite grim earnings
Telegraph - 3 Oct 2013 21:41
The supermarket group has recovered all of the losses it experienced on Wednesday.
Layoffs Slow In September, But Health Care, Finance Hit
Forbes - 3 Oct 2013 20:57U.K. Insurance Fiasco Leads to Windfalls, Jobs
Wall Street Journal - 3 Oct 2013 20:54
The government has been forcing banks to compensate aggrieved customers, providing a bit of a boost to the moribund British economy.
Gold Could Still Gain In Rising Interest Rate Environment
Forbes - 3 Oct 2013 20:52
(Kitco News) - Gold values could still gain if interest rates rise, as long as rates are rising because inflation is also rising, said commodity market watchers on Thursday.
Ted Baker heads to Russia and Turkey as profits rise 50pc
Telegraph - 3 Oct 2013 19:48
Fashion brand sees revenues rise from £119m to £155m and profits climb from £7.8m to £11.6m.
Finding Pockets Of Strength In A Sagging Market
Forbes - 3 Oct 2013 19:39Insiders Now Seeing Red With CCG At New 52-Week Low
Forbes - 3 Oct 2013 19:27September Pops & Drops
Forbes - 3 Oct 2013 19:22Judge's Arrest Is The Latest Example Of Indonesia's Fading Allure
Forbes - 3 Oct 2013 18:50Shutdown Struggle Is A Chance To Buy Good Stocks Cheaper
Forbes - 3 Oct 2013 18:40The Twitter Frenzy #WorthIt?
Forbes - 3 Oct 2013 18:13Business news and markets: as it happened - October 3, 2013
Telegraph - 3 Oct 2013 18:07
Failure to raise debt ceiling could have worse results than financial crisis, US Treasury warns, as Washington shutdown continues