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Market News

Location American Market News for 30 October 2013
5 Rules Of The Road: How To Invest A Conservative Portfolio In The Current Environment Conservative investors with a healthy allocation to municipal bonds have done very well for themselves over the past two decades without having to grapple with the increasing volatility in the equity markets.  Rates hav...
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Bitcoin goes mainstream with ATM in Vancouver coffee shop The first Bitcoin ATM offers an almost instant way to exchange the world's leading virtual money for cash
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Glitch freezes Nasdaq index while shares trade

livemint.com - 30 Oct 2013 06:11
Glitch freezes Nasdaq index while shares trade Nasdaq Composite Index was frozen for nearly three-quarters of an hour due to a 'human error'; shares traded normally
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New Store Openings Push Starbucks Revenue Up 13% Starbucks beats the Street on fourth quarter EPS and sees revenue boost due to new store openings and higher operating margins
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Visa Reports Lower Earnings, Shares Slide

Forbes - 30 Oct 2013 23:16
Visa Reports Lower Earnings, Shares Slide Shares of credit card giant Visa are down 2.2% in after hours trading due to a sharp drop in earnings.
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Forbes Earnings Preview: InterMune (ITMN)

Forbes - 30 Oct 2013 22:24
InterMune reports its third quarter earnings on Wednesday, October 30, 2013, and the consensus earnings per share estimate is 71 cents per share.
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Analysts have become increasingly bearish on Chevron in the month leading up to the company's third quarter earnings announcement scheduled for Friday, November 1, 2013. The consensus analyst estimate has moved from $3.1...
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Editor's Note: Quotes attributed to Andrew Maguire were not edited and appear in the story as were presented in his letter. (Kitco News) - The famed precious metals whistleblower has taken a stand against the allegation...
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(Kitco News) - A statement from the Federal Open Market Committee Wednesday was described as dovish and thus overall constructive for gold, but the metal nevertheless backed down since the Fed did not offer more fuel fo...
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Bernanke Keeps The Printing Press At Full Speed As Taper Decision Likely To Fall On Yellen The Federal Reserve decided to keep its pace of monthly asset purchases at $85 billion, with Bernanke once again choosing not to taper QE, pushing equities further into negative territory.
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(Kitco News) - Gold prices were trading modestly lower in afternoon dealings Wednesday, following the much-anticipated statement from the Federal Reserve's Open Market Committee that was deemed a bit bearish by the raw ...
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When It Comes To Investing, The Tortoise Really Does Beat The Hare Thoughts on long-term investing.
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Don't Buy Quest Diagnostics Until You See Higher Earnings Estimates Quest Diagnostics has continued to occupy the cellar of the Zacks quantitative model since February.
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Citigroup Non-Cumulative Preferred Stock, Series AA Goes Ex-Dividend Soon On 11/1/13, Citigroup Inc's 8.125% Non-Cumulative Preferred Stock, Series AA (NYSE: C.PRP) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 11/15/13. As a percentage of C.PRP's recent share price...
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Boston Properties Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket On 11/1/13, Boston Properties, Inc.'s 5.25% Series B Cumulative Redeemable Preferred Stock (NYSE: BXP.PRB) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 11/15/13. As a percentage of BXP.PRB's ...
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RBI sells Rs1,000 crore of inflation indexed bonds

livemint.com - 30 Oct 2013 19:32
RBI sells Rs1,000 crore of inflation indexed bonds RBI says it received bids of close to four times the amount on offer
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Shares drift, dollar dips ahead of Fed decision

livemint.com - 30 Oct 2013 19:24
Shares drift, dollar dips ahead of Fed decision World equities index hits highest in almost 6 years; brent crude up on Libya concern
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Negative Surprises Darken Picture For Cree

Forbes - 30 Oct 2013 19:16
Negative Surprises Darken Picture For Cree Cree has posted two consecutive negative earnings surprises and has seen earnings estimates slide.
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New 52-Week Low Could Prompt More Insider Buying At DLR In trading on Wednesday, shares of Digital Realty Trust, Inc. (NYSE: DLR) touched a new 52-week low of $48.50/share. That's a $25.50 share price drop, or -34.46% decline from the 52-week high of $74.00 set back on 04/22/...
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(Kitco News) -Canadian miner Yamana Gold Inc. (TSX:YRI)(NYSE:AUY) expects to see a rise in gold equivalent production in the fourth quarter, the chief executive said in conjunction with the release of third-quarter earn...
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Meet The Magic Indicator: The LEI Don't Lie

Forbes - 30 Oct 2013 17:08
Meet The Magic Indicator: The LEI Don't Lie A trusted signal shows no reason to believe in any fear-based babble.
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Fewer Private Jobs Added In October, But Don't Rush To Blame The Shutdown The private sector added 130,000 jobs in October and September's figures were revised down -- but it might not be the shutdown's fault
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