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Market News

Location American Market News for 11 October 2013

Boomtime: Britain bounces back

Telegraph - 11 Oct 2013 21:48
Boomtime: Britain bounces back Shares, houses, cars... the country has started spending again. Harry Wallop and Theo Merz report     
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Let Google And Facebook Tell You Whether To Buy Twitter In mid-November, Twitter will make its IPO. So do you just go out and buy it the first day and hope for the best?
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Michael Kors Dressed For Success On The Long Side A strong earnings report could lead Wall Street to change its position on KORS. Option speculators wanting to target Michael Kors for additional upside might consider trading the in-the-money January 2014 65-strike call,...
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Buy Emerging Markets, But Carefully

Forbes - 11 Oct 2013 20:38
Buy Emerging Markets, But Carefully In the interest of full disclosure, my newsletter and subscribers have positions in the VanGuard Emerging Markets etf, symbol VWO.
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Survey Participants Bearish On Gold Prices For Next Week (Kitco News) - Bearish technical charts and negative general sentiment about gold is expected to weigh on prices next week, said a majority of participants in the weekly Kitco News Gold Survey.
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Gold Plummets After Rocky Trading Day

Forbes - 11 Oct 2013 20:13
Gold Plummets After Rocky Trading Day Gold lost some of its luster on Friday, losing $25 in two minutes and hitting a three-month low
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Croda distracts from Royal Mail IPO

Telegraph - 11 Oct 2013 20:04
Croda distracts from Royal Mail IPO The chemicals group was the biggest faller in the FTSE 100 today.     
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Any delay in resolving the debt ceiling crisis that last several weeks or months "would cause great damage to the U.S. economy and the world economy," Mario Draghi President of the European Central Bank warned this week ...
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Stocks In Hyperdrive As Wall St Looks To Obama And GOP To End Shutdown Stocks were back in rally mode for a second day as Wall Street remained optimistic that Obama and the Republicans in Congress could reach an agreement to raise the debt ceiling. Wells Fargo and JPMorgan Chase posted trou...
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How To Invest In Stocks, Worry-Free

Forbes - 11 Oct 2013 19:35
How To Invest In Stocks, Worry-Free One of the major problems with stock investing is your own emotions. It's important to invest in the stock market, of course, but how to invest in stocks is an open question.
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Pyramid Saimira: Sebi orders attachment of promoter's bank accounts The market regulator ordered the attachment in order to recover an amount of Rs1.27 cr
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(Kitco News) -Canada's newest copper-gold mine, Thompson Creek Metals Co. Inc.'s (TSX:TCM)(NYSE:TC) Mt. Milligan mine, is on pace to begin commercial production in the fourth quarter.
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US debt deal hopes steady stocks, short-dated bills pressured Wall Street stocks rise after equity gains in Europe, Asia; dollar fades on view Fed tapering could be delayed
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Royal Mail share float: as it happened - October 11, 2013 Royal Mail shares close up 38pc at 455p, the biggest one day rise of a privatised company, as systems buckled under demand and traders saw 48m buyers line up against 1.2m sellers     
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NSEL was running a ponzi scheme: Mumbai police

livemint.com - 11 Oct 2013 18:42
NSEL was running a ponzi scheme: Mumbai police Police say four to five people involved in the exchange used to get 3% commission on each deal
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Kaltenborn on the death of De Villota

CNN - 11 Oct 2013 18:37
Monisha Kaltenborn, F1's only female team principal, reacts to the death of former driver Maria de Villota.
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How do drivers get to F1?

CNN - 11 Oct 2013 18:19
Amanda Davies attends a World Series by Renault event to find out why it's been such a successful breeding ground for F1.
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Vettel quickest at subdued Suzuka

CNN - 11 Oct 2013 17:25
Champion elect Sebastian Vettel records the fastest time in practice Friday for the Japanese Grand Prix during an afternoon session overshadowed by the news of the death of Maria de Villota.
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Two Bare Bones Strategies to Boost Retirement Savings It's simply not true that you can't save enough for retirement.
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Retirement Planning For Late-Starters

Forbes - 11 Oct 2013 16:59
Retirement Planning For Late-Starters You're in your 50s and haven't saved for retirement. Don't panic, but do get going and take these steps now.
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Gold premiums in India jump on festive demand, supply crunch All-India Gems and Jewellery Trade Federation says the premiums to London prices jumped to $30 to $40 an ounce
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Avoid The Noise, Watch The Numbers

Forbes - 11 Oct 2013 16:12
Avoid The Noise, Watch The Numbers The panic selling early in the week reflected the changing views of many investors and traders. While some were dumping stocks, others were turning bearish as financial giant Fidelity got lots of press over dumping its s...
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