Market News
J.P. Morgan, U.S. Settle for $13 Billion
Wall Street Journal - 19 Nov 2013 22:16
J.P. Morgan Chase and the Justice Department agreed to a landmark $13 billion settlement that resolves a number of legal headaches for the largest U.S. bank and ends months of wrangling between the two sides.
Brent slips near $108 as Fed 'tapering' worries resurface
livemint.com - 19 Nov 2013 06:03
Fed may cut stimulus as US economy improves; US crude inventories rise by 100,000 barrels last week
Investors Should Continue to Embrace Market's Robust Advance For More Opportunities
Forbes - 19 Nov 2013 23:18
With the Dow again blasting close to new all-time highs toward 16,000 and the S&P 500 also climbing to near-record altitude toward 1,800, investors find themselves again at the crossroads, confronted with the pivotal que...
Tesla's Elon Musk Bashes Media For Bad Publicity As Model S Fires Probed By Regulator
Forbes - 19 Nov 2013 21:05
Tesla's Elon Musk took to twitter to defend his company's safety record, bashing the media for the negative publicity, and inviting regulators to investigate his Model S, yet the NHTSA, which begun a probe, denied receiv...
JPM Shares Near Decade High On $13B Settlement, But Troubles Not Over Yet
Forbes - 19 Nov 2013 20:54
JPMorgan Chase still maintains a healthy war chest to fight pending legal issues as they continue to pop up.
FOMC Minutes To Create Short-Term Volatility For Gold, Not Long-term Trend
Forbes - 19 Nov 2013 20:54
(Kitco News) - The minutes from the Federal Open Market Committee meeting in October will create some short-term volatility for gold on Wednesday but won't be help to create any medium-term trends in the marketplace, sa...
P.M. Kitco Roundup: Gold Ends Slightly Up On Short Covering; FOMC Minutes On Deck
Forbes - 19 Nov 2013 20:50
(Kitco News) - Comex gold prices ended the U.S. day session slightly higher Tuesday, on some short covering and perceived bargain hunting following recent losses. February Comex gold was last up $2.00 at $1,275.20 an ou...
Gold Sideways As Market Scans Horizon For Clues On Future Of Fed QE
Forbes - 19 Nov 2013 20:47
(Kitco News) -Gold futures have been largely sideways lately, with speculators hesitant to be too aggressive either way as they wait for more clues on just what the U.S. Federal Open Market Committee might do with its qu...
Insider Bets Paying Off At Home Depot As New 52-Week High Reached
Forbes - 19 Nov 2013 20:32
In trading on Tuesday, shares of Home Depot (NYSE: HD) touched a new 52-week high of $82.27/share. That's a 36.64% rise, or $22.06 per share from the 52-week low of $60.21 set back on 12/27/2012. That means at today's in...
How To Invest Passively For Retirement Success
Forbes - 19 Nov 2013 20:19
To invest, you have to be a wily trader, up to date on market news and a lightning-fast decision maker, right?
A Puerto Rico Bond Investor's Portfolio Gets Scarier With Potential Downgrade To Junk
Forbes - 19 Nov 2013 20:05
When a UBS Puerto Rico bond investor looks at their account these days, if they have the courage to do so, they are probably staring at losses over the past two months of 50% to 60%.
Di Montezemolo: 'Alonso? 8 / 10'
CNN - 19 Nov 2013 19:12
Their relationship may have become fraught during the 2013 Formula One season, so just how does Ferrari chairman Luca di Montezemolo rate the efforts of his star driver Fernando Alonso?
Apple's Embrace Hurts And Helps GT Advanced
Forbes - 19 Nov 2013 18:41
On the surface, the big deal with Apple seems like a windfall for GT but it has many negative aspects that seem to have gone unnoticed as reflected by the rise in the stock price.
4 Emerging Growth Stocks For Your Portfolio
Forbes - 19 Nov 2013 18:23
John Barr and Chris Retzler, Portfolio Managers, Needham Funds
World stock markets pause amid growth concerns
livemint.com - 19 Nov 2013 17:35
Worries over timing of Fed taper resurface; dollar steady amid conflicting views on Fed taper
Kinks in the non-performing assets of banks
livemint.com - 19 Nov 2013 17:27Has Bitcoin Gone Establishment?
Forbes - 19 Nov 2013 17:06
I'm not sure if this news is welcome or distressing to Bitcoin's hardcore libertarian ideologues, but the U.S. Justice Department and the SEC are about to give the virtual currency their blessing as offering a "legitimat...
GAIL's valuation factors in the positives
livemint.com - 19 Nov 2013 17:04
For now, GAIL's stock price seems to be factoring in most of the positives of the capped subsidy burden
Gold nosedives below `31,000-level, global sell-off weighs
livemint.com - 19 Nov 2013 16:36Best Buy Warns Holiday Promotions Will Hurt Fourth-Quarter Margins
Forbes - 19 Nov 2013 16:36
Best Buy reports better-than-expected profit but says fourth-quarter promotions will hurt margins, sending stock into the red
Brokers asked to issue common contract note across segments
livemint.com - 19 Nov 2013 16:28
Different segments such as capital market (CM), currency derivatives(CD) and futures and options (F&O) would have a common contract note
Home Depot Shares Build Toward All Time High After Earnings Beat
Forbes - 19 Nov 2013 16:17
Shares of handyman's haven Home Depot were up 3.6% to $82.54 in pre-market trading, as third-quarter earnings pushed shares toward a new all-time high.