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Market News

Location American Market News for 12 October 2013

J.P. Morgan Reels From Legal Costs

Wall Street Journal - 12 Oct 2013 04:37
J.P. Morgan swung to a third-quarter loss of $380 million, compared with a profit of $5.71 billion a year earlier, as the bank reeled from more than $9 billion in legal costs.
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How Twitter Insiders Cut Their Taxes

Wall Street Journal - 12 Oct 2013 03:54
A careful reading of the Twitter prospectus shows that insiders have been making moves to minimize investment and estate taxes on their shares before the firm goes public.
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Why Institutional Money Is Often Dumb Money

Forbes - 12 Oct 2013 19:30
Why Institutional Money Is Often Dumb Money Hong Kong's richest are busy offloading local assets which institutions are happy to buy. It's exhibit A why institutional money often represents dumb money.
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It's only a matter of time before Sebastian Vettel clinches a fourth straight world title. It could, in fact, happen Sunday. But Vettel was outpaced by his teammate, Mark Webber, in qualifying for the Japanese Grand Prix...
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Gold tumbles by Rs460 on sustained selling, weak global cues Gold of 99.9 and 99.5% purity tumbled further by Rs460 each to Rs30,200 and Rs30,000 per ten grams respectively
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The Week Ahead: Is The Republican Party In A Bear Market? Fear, disbelief, and disgust were some of key sentiments expressed by the public and investors last week. Early in the week, the selling reached panic levels such as those last seen in December of 2012. As we ended the w...
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Profiting From the Standoff

Wall Street Journal - 12 Oct 2013 06:13
The crisis has been averted--for now. But as Washington continues to grapple with the shutdown and debt ceiling, both opportunities and pitfalls await investors over the next few weeks.
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Turning Daughters Into Investors

Wall Street Journal - 12 Oct 2013 03:45
Women continue to lag men in their investing confidence, despite gains in pay relative to their male peers and husbands. What makes the difference?
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