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Market News

Location American Market News for 24 October 2013

Tesla's Amazonian Attributes

Wall Street Journal - 24 Oct 2013 17:10
There are echoes of the tech bubble in the long-dated forecasts underpinning Tesla Motors' valuation.
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Madison Avenue Meets Wall Street: Trading Advertising Inventory As A Commodity I just spent the last couple days in Chicago, during my time in the city I had the chance to catch up with some of my friends and colleagues who work in commodities industry. During the discussions, a number of intriguin...
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Broker Bambi Holzer Is Suspended

Wall Street Journal - 24 Oct 2013 02:27
Bambi Holzer, a Beverly Hills, Calif., financial broker, has been suspended from practicing after dozens of consumer complaints dating back more than two decades.
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Nearly 50% Of All Home Sales Now Cash, As Institutional Investor Activity Hits New High Nearly half of all home purchases in the month of September were paid for in cold hard cash, as tight lending conditions continue edge out traditional buyers and investors continue to scoop up inventory.
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Vijay Mallya lives for Formula One. He runs his own team and is proud to have it race on home soil at this weekend's Indian Grand Prix -- but will it be the country's last chance in motorsport's elite division?
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Amazon Shares On Fire After 24% Revenue Increase Amazon stock surges on better-than-expected third quarter revenue
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Janet Yellen: What's Ahead For The Fed?

Forbes - 24 Oct 2013 22:29
The following post was published on the Knowledge@Wharton website on October 23, 2012.
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NQ Mobile A 'Massive Fraud' Worth $0, Muddy Waters Says As $500M Is Wiped Out In Minutes Chinse mobile firm NQ Mobile is in trouble after research firm Muddy Waters called the company an absolute fraud, putting a price target below $1 on it and noting it is a house of cards. Shares fell 50% in minutes, wipin...
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CPM Group Alleges Whistleblower Maguire Has No Metals History - Silver Summit (Kitco News) - (Spokane) -- The famed whistleblower who allegedly told U.S. regulators that gold and silver prices are manipulated by the likes of JPMorgan Chase has no background as a metals trader, according to precio...
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(Kitco News) - The bad news for the gold market -- India is not importing as much metal as usual during the run-up ahead of the Diwali gift-giving season, analysts said.
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Small firms, start-ups can list without IPOs

livemint.com - 24 Oct 2013 19:54
Small firms, start-ups can list without IPOs The decision is expected bring relief to PE, VC funds that have been looking for easier exit options
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Cigna Suffers Slippage, Bad Vibrations For Dawson Geophysical Cigna is looking pretty ugly. It broke down after a very long parallel up-channel that took it from $40 to almost $85.
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Improving Europe Warrants Brighter Ford Outlook, Analysts Say Ford Motors may be an American classic, but Europe is driving positive sentiments on the stock.
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India's Grand Prix passion

CNN - 24 Oct 2013 19:23
CNN's Ben Wyatt explores the popularity of F1 in India and what the future might hold.
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An Energy Boost and Declining Health

Forbes - 24 Oct 2013 19:12
An Energy Boost and Declining Health My colleague, John Manley, and I just updated our sector recommendations for energy and health care.
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Anticipated Earnings Increase for FMC

Forbes - 24 Oct 2013 19:09
Wall Street is expecting higher profit for FMC when the company reports its third quarter results on Monday, October 28, 2013. The consensus estimate is calling for profit of 83 cents a share, a rise from 79 cents per sh...
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Wall Street is expecting higher profit for Plum Creek Timber when the company reports its third quarter results on Monday, October 28, 2013. The consensus estimate is calling for profit of 42 cents a share, a rise from 3...
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Earnings Expected to Increase for Herbalife

Forbes - 24 Oct 2013 19:08
Wall Street is optimistic about Herbalife, which is slated to report its third quarter results on Monday, October 28, 2013. Analysts project a profit of $1.14 a share, a rise from $1.04 per share a year ago.
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Leading up to Hartford Financial's announcement of its third quarter earnings on Monday, October 28, 2013, analysts have become more bullish as expectations have improved over the past month from 78 cents per share to t...
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Optimism surrounds Roper Industries, as it gets ready to report its third quarter results on Monday, October 28, 2013. Analysts are expecting the company to book a profit of $1.45 a share, up from $1.24 a year ago.
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Earnings for Merck Expected to Fall

Forbes - 24 Oct 2013 19:07
Merck is expected to report lower third quarter earnings on Monday, October 28, 2013 with analysts expecting a 7% drop in earnings from a year ago. The consensus estimate is 88 cents per share, down from earnings of 95 c...
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Loews Profit Expected to Fall

Forbes - 24 Oct 2013 19:07
Despite an expected dip in profit, analysts are generally optimistic about Loews as it prepares to reports its third quarter earnings on Monday, October 28, 2013. The consensus earnings per share estimate is 77 cents per...
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