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Market News

Location American Market News for 12 November 2013
Asian shares stabilise, focus turns to China reform plan China to unveil 10-year reform plan on Tuesday; Indonesian central bank seen holding rate unchanged
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How To Invest In Twitter For Less Than $20

Forbes - 12 Nov 2013 01:11
How To Invest In Twitter For Less Than $20 Young and profit-less Twitter is a risky investment. At $42.90 a share it's not a particularly cheap investment either. ETF issuer Global X is betting it can mitigate this risk by selling you not only Twitter, but a whol...
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Elon Musk On The Tesla Fires: Headlines Are Deceiving, Model S Is Safest Car On The Road By Far Elon Musk spoke on Tuesday at the Dealbook conference, making mention of the recent Model S fires that have thrown off Tesla's stock. He has called that deceiving, noting his cars are the safest in the industry and blami...
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(Kitco News) - Gold prices ended the U.S. day session moderately lower and hit a four-week low Tuesday. Chart-based selling pressure was featured amid a lack of  bullish fundamental news for the metal. December Comex g...
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The Market Hates IBM But It's Getting Some Love Lately IBM could be considered the Dow's most hated stock right now because in addition to its downward trend in prices, it is trading at an earnings multiple well below average and sports a short ratio of over 4.5.
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Best ETFs for the Buck

Forbes - 12 Nov 2013 21:17
Best ETFs for the Buck May's best ETFs for the buck.
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Tread Carefully In Small Cap Value Funds

Forbes - 12 Nov 2013 21:17
Tread Carefully In Small Cap Value Funds Small cap value ETFs and mutual funds rank last out of twelve fund styles in my 'Style Rankings For ETFs and Mutual Funds' report.
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Mercedes on the up, says Hamilton

CNN - 12 Nov 2013 21:14
F1 driver Lewis Hamilton talks about his first year at Mercedes and his ambition to be more competitive in 2014.
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Young Turks Never Feel Swedish In Sweden

Forbes - 12 Nov 2013 21:00
Young Turks Never Feel Swedish In Sweden "This life is too safe," Mikail Topal tells me after finishing a shift at his family's restaurant in Stockholm. The 31-year-old is as handsome as a 1940s matinee idol with soft, bedroom eyes and a gentle smile that seems...
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Third Point's Dan Loeb spoke about his rivalry with Bill Ackman, trying to tone it down and say nothing is personal, but letting out a few comments that indicate he did enjoy beating his fellow hedge fund manager.
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American And US Air Make Slot Concessions To Get Merger Past DOJ Challenge US Airways and American Airlines settle with Department of Justice in antitrust suit; merger is cleared for takeoff
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A 'Bounty' Of Confusion At Procter & Gamble

Forbes - 12 Nov 2013 19:11
A 'Bounty' Of Confusion At Procter & Gamble With no new major product launches in over a decade, Procter & Gamble has bet heavily that growth will come from line extensions of existing brands. This gamble has resulted in a lack of innovation and may be the reason ...
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The Zombiefication Of Financial Advice

Forbes - 12 Nov 2013 18:48
The Zombiefication Of Financial Advice It's not only Hollywood that has embraced zombies--so has Wall Street. Most advisory firms are shilling a prototype methodology to achieve financial success.  It's a line on the floor to follow. Or a nattily-dressed sil...
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Market Moves To Watch After Veteran's Day

Forbes - 12 Nov 2013 18:40
Enough of the white stuff accumulated in Chicago Monday to qualify as the season's first snow, a little early, yes, even for those of us on the shores of Lake Michigan. It reminded me of this market. The sky opened up wi...
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The World's 29 Too Big To Fail Banks, JPMorgan At The Top The new list of too big to fail banks is here with JPM and HSBC at the top.
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Global Economy Poised For A Difficult 2014, Conference Board Says Economic growth in 2013 fell below predictions and might not pick up in 2014, new economic research says
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NSEL crisis: FTIL says FMC notice is premature

livemint.com - 12 Nov 2013 17:59
NSEL crisis: FTIL says FMC notice is premature FTIL asks for cross-examination of the forensic report on NSEL in its response to the show-cause notice
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The 'fresh' prince of motorcycling

CNN - 12 Nov 2013 17:55
"He brings so much energy, such a fresh way of behaving, a fresh mind, enthusiasm." Marc Marquez is the new crown prince of motorcycle racing, and even rival teams are impressed by his championship-winning rookie exploit...
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Wall St slips as Dow retreats from record, focus on Fed China vows 'decisive' role for markets, results seen by 2020
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Reliance Communications' opacity should irk investors The results announcement for the September quarter just adds to the opacity surrounding the company's financials
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Winklevoss Twins Say Bitcoin Market To Hit $400B, Urge Regulators Not To Push Innovation To China Cameron and Tyler Winklevoss, who are in the process of launching a Bitcoin ETF, spoke at the Dealbook conference in New York where they pushed the case for the virtual currency.
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Hindalco's domestic operations disappoint

livemint.com - 12 Nov 2013 17:15
Hindalco's domestic operations disappoint The rise in Ebitda can be attributed to an increase in profit from the copper segment, which had faced some shutdowns
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