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Market News

Location American Market News for 1 November 2013
Should Bambi Be Your Adviser?: Four Easy Things To Check In Your Broker's Record Beverly Hills financial adviser Bambi Holzer has a long history of complaints filed by her customers -- some 100 pages worth.
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Goldman Sachs Wheels to a Top Grade

Wall Street Journal - 1 Nov 2013 06:17
The Wall Street firm was awarded an "outstanding" rating by regulators for its commitments to the Community Reinvestment Act.
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CFTC Delays Cases in Funding Squeeze

Wall Street Journal - 1 Nov 2013 05:36
The CFTC is so cash-starved that it is being forced to delay cases, shelve certain probes and decided not to file charges against two men in the "London whale" trading mess, a top official said.
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ETF Funds That Generate Income For Your Portfolio Investors tend to think about appreciation when they think ETF funds. And that make sense: The first ETF in the United States tracked the S&P 500, a straight stock investment.
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Fed tapering will be a legitimate worry in a few months, but should not be yet.
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GM, Ford And Chrysler Report October Sales Growth Despite Shutdown Despite the government shutdown the Big Three automakers reported strong year-over-year October sales growth. But only General Motors managed to beat Street estimates.
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How To Prepare Your Car For Sale 2013

Forbes - 1 Nov 2013 21:04
How To Prepare Your Car For Sale 2013 f you want to sell your used car for a fair price with the minimum amount of hassle, you need to meet your buyers where they live: on the information superhighway. Here are seven tips on How To Prepare Your Car For Sale.
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The simmering row between departing Kimi Raikkonen and his Lotus team comes to a boil Friday as the Finn threatens to boycott the final two races of the F1 season because he has not been paid.
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Forex Probe Widens With Barclays, RBS Suspensions

Wall Street Journal - 1 Nov 2013 20:15
Barclays and RBS put a number of traders on leave amid an escalating probe into potential manipulation of foreign-exchange markets. Citigroup also confirmed it's under investigation.
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Kodak Is Back On The Big Board After Bankruptcy Kodak was delisted from the New York Stock Exchange when it filed for bankruptcy. Today, it came back. Here are 10 other companies who also pulled off market revivals.
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There And Back Again: 10 Stocks That Returned To The Market After Bankruptcy Kodak was delisted from the New York Stock Exchange when it filed for bankruptcy. On November 1, 2013, it came back. Here are 10 other companies who also pulled off market revivals.
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Nasdaq Options Outage Continues

Wall Street Journal - 1 Nov 2013 18:33
A Nasdaq options-market breakdown stretched into a second hour Friday, the latest in a series of technical problems at the exchange operator.
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In trading on Friday, precious metals shares were relative laggards, down on the day by about 2.9%. Helping drag down the group were shares of Great Panther Silver (GPL), down about 10.4% and shares of Mag Silver (MVG) o...
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Gold Survey: Lower Gold Prices Forecast For Next Week -- Kitco News Gold Survey Participants (Kitco News) - Gold prices are expected to fall next week, a majority of participants in the weekly Kitco News Gold Survey said.
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(Kitco News) - China's net gold imports from Hong Kong declined marginally in September but overall are considered strong, with one investment bank citing this as an example of the continued shift toward more demand in E...
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Bubble Trouble for Tesla

Wall Street Journal - 1 Nov 2013 18:16
Tesla's stock carries an extraordinarily high valuation and turns over rapidly--two characteristics of irrational investor exuberance.
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Despite an expected dip in profit, analysts are generally optimistic about Sempra Energy as it prepares to reports its third quarter earnings on Tuesday, November 5, 2013. The consensus earnings per share estimate is $1....
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Wall Street is high on Host Hotels & Resorts, expecting it to report earnings that are up 24% from a year ago when it reports its third quarter earnings on Tuesday, November 5, 2013. The consensus estimate is 26 cents pe...
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Wall Street is expecting higher profit for Rowan Companies when the company reports its third quarter results on Tuesday, November 5, 2013. The consensus estimate is calling for profit of 43 cents a share, a rise from 39...
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Leading up to FirstEnergy's announcement of its third quarter earnings on Tuesday, November 5, 2013 analysts have become more wary as expectations have fallen over the past month to earnings of 92 cents per share from ea...
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When Hecla Mining reports its third quarter results on Tuesday, November 5, 2013, analysts are anticipating a drop into the red. They are expecting a loss of two cents a share after the company booked a profit of one ce...
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Optimism surrounds Denbury Resources, as it gets ready to report its third quarter results on Tuesday, November 5, 2013. Analysts are expecting the company to book a profit of 41 cents a share, up from 33 cents a year ag...
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