Market News
Anheuser-Busch InBev Earnings Projected to Increase
Forbes - 29 Oct 2013 16:15
Wall Street is expecting higher profit for Anheuser-Busch InBev when the company reports its third quarter results on Thursday, October 31, 2013. The consensus estimate is calling for profit of $1.32 a share, a rise from...
Dow, S&P 500 Finish at Record Highs
Wall Street Journal - 29 Oct 2013 22:58
The advance comes as analysts expect the Federal Reserve to say it will continue its extraordinary effort to support the economy after concluding its latest policy-setting meeting Wednesday.
SAC Capital to Plead Guilty To Fraud
Wall Street Journal - 29 Oct 2013 22:55
SAC will plead guilty to securities fraud as part of a landmark criminal insider-trading settlement with federal prosecutors set to be announced by next week.
Facebook Stock's Status: It's Complicated
Wall Street Journal - 29 Oct 2013 22:48
It is tough to see how the 23 cents a share Facebook earned over the past four quarters justifies the $50 that its stock fetches today.
CFTC to Drop Appeal of Position Limits Rule
Wall Street Journal - 29 Oct 2013 22:35
CFTC abandons challenge of rule limiting speculation in commodity markets
Kodak Is Coming Back To The New York Stock Exchange
Forbes - 29 Oct 2013 22:352013 Remaining Market Outlook And What To Do Next
Forbes - 29 Oct 2013 22:26LinkedIn's Growth Stays Strong, But Stock Zigzags On Outlook
Forbes - 29 Oct 2013 22:20Buttonwood Gathering Considers Best Markets For The Future
Forbes - 29 Oct 2013 21:58Nasdaq Glitch Prompts Halts
Wall Street Journal - 29 Oct 2013 21:33
The Nasdaq Composite was frozen for nearly an hour during midsession trade Tuesday after Nasdaq OMX Group experienced problems transmitting data for stock-market indexes, the latest in a series of U.S. equity market brea...
JPMorgan's $5.1 Billion Mortgage Settlement Doesn't Impact Its $60 Price Estimate
Forbes - 29 Oct 2013 21:30Banks Probed Over Foreign Exchange
Wall Street Journal - 29 Oct 2013 21:20
UBS and Deutsche Bank confirmed their involvement in a global investigation into possible manipulation of the foreign-exchange markets. The Swiss bank said it has taken against staff in connection with the investigation.
Deutsche Bank Hit by Legal Costs
Wall Street Journal - 29 Oct 2013 21:16
Deutsche Bank reported a significant fall in third-quarter profit as it put aside additional reserves for legal disputes, while investment banking revenue and profit slid.
Apple Delivers Solid Quarter On Record iPhone Sales With Increased Margin Focus
Forbes - 29 Oct 2013 21:03Industrial Production: Another Irrelevant Statistic?
Forbes - 29 Oct 2013 20:23
The economic reports delayed by the government shutdown continue to be released at a steady pace, but investors would probably be better served by not putting too much emphasis on any given set of numbers. Industrial pro...
Part of J.P. Morgan Deal at Risk of Collapse
Wall Street Journal - 29 Oct 2013 20:11
Part of a multibillion-dollar deal between J.P. Morgan and the U.S. is at risk of collapsing over a disagreement about the bank's effort to be reimbursed by a government-controlled fund, according to people familiar with...
Speculators Return As Buyers Of Gold, Silver Futures, Options In Latest CFTC Report
Forbes - 29 Oct 2013 19:18
(Kitco News) - As of Oct.8, speculators added to their bullish gold and silver futures and options contracts traded on the Comex division of the New York Mercantile Exchange, according to U.S. government data released M...
S&P at record ahead of Fed meeting, euro rises
livemint.com - 29 Oct 2013 19:05
Brent dips, holds near $109 as Libyan output stays low; markets keep tight ranges as Fed decision looms
Is The Bull Market Running Out Of Runway?
Forbes - 29 Oct 2013 19:03Home Prices Clock Fastest Annual Gain Since February 2006, Says S&P/Case-Shiller
Forbes - 29 Oct 2013 18:14Ranbaxy: profitability falls as remediation expenses spike
livemint.com - 29 Oct 2013 18:11
Investors would have expected the expenses to taper and not actually increase, especially at a time when revenue growth is under pressure
NSEL defaults in 11th payout
livemint.com - 29 Oct 2013 18:01
NSEL paid only Rs29.05 crore against its weekly settlement dues of Rs174.72 crore