Market News
Gold 'Downgraded' By UBS Analyst: But Now May Be Time To Buy Gold Mining Company Stocks
IBTimes - 26 Nov 2013 18:04
Gold is headed down for the next few months, after the precious metal stood its ground against prevailing bearish winds in October for a short spell, according to a UBS AG (VTX:UBSN) research note from Tuesday. UBS preci...
Janet Yellen's Nightmare For 2014: Liquidating The Fed's $4 Trillion Balance Sheet
Forbes - 26 Nov 2013 03:08
Talk about creating moral hazard. The Fed has corned almost 40% of all Treasuries over 5 years in maturity. I've just discovered the bottom line for QE: the Fed's 4 years of QE, QE1, QE2, and QE3 has consolidated almos...
Apple And Four More Stocks For Holiday Cheer
Forbes - 26 Nov 2013 21:27
While there have been some rough patches along the way, it has generally been a banner year for stocks. The U.S. market indexes all have experienced sharp increases through the first 11 months of 2013.
Analysts Question Relevance Of London Gold Price Fix
Forbes - 26 Nov 2013 23:43
(Kitco News) - With regulators around the globe investigating the transparency of financial markets, some analysts and traders are wondering if it is time to transition away from the London gold price fixing.
Interested In Caterpillar? Make Use Of Copper-Coal-Canada Correlation
Forbes - 26 Nov 2013 23:02
Last Friday (11/22) I discussed the potential future gains possible from Caterpillar ("Caterpillar Is 2013's Right Place, Wrong Time Stock - Brighter Days Ahead"). Then, on Monday (11/25), Merrill Lynch raised its Cater...
Iran's Nuclear Deal and Oil: Look Out Below?
Forbes - 26 Nov 2013 22:54
Negotiators from Iran and the P5+1 (the five permanent members of the U.N. Security Council, made up of the U.S., the U.K., France, Russia, and China, plus Germany) reached an agreement to limit Iran's development of fis...
Mitsubishi Priced Cheaply, Gets Lift From Abenomics
Forbes - 26 Nov 2013 21:57
Shares of Mitsubishi trade below both book value and annual sales, and at steep discounts to historical price multiples for sales, book value and earnings.
Comex Gold Ends Near Steady; Bears Continue Holding Tight Grip
Forbes - 26 Nov 2013 21:37
(Kitco News) - Comex gold futures prices ended the U.S. day session near steady, while the spot gold market was weaker in afternoon trading Tuesday. Prices are hovering not far above Monday's nearly five-month low as ...
Facing Spiraling Inflation And Electoral Defeat, Argentina Offers Repsol $5B For YPF Compensation
Forbes - 26 Nov 2013 21:12
The Argentine government signed a preliminary agreement with Spanish energy company Repsol regarding compensation for the forced nationalization of YPF, Argentina's oil company, which is expected to total $5 billion.
Economic Forecast After The Federal Reserve Starts To Taper
Forbes - 26 Nov 2013 20:40
What will happen to the economy after the Federal Reserve begins to slow down its current quantitative easing? This is a hot topic, especially with Janet Yellen on track to become the next chairman of the Fed, as well as...
Apple Nears China Mobile Deal As 4G Launch Approaches
Forbes - 26 Nov 2013 20:20
China Mobile?s recent advertisement touting the launch of a new brand for mobile services next month has fueled fresh speculation about an imminent iPhone deal. The carrier announced late last week that it will introduce...
Embrace The Fear, Get Greedy With Intel
Forbes - 26 Nov 2013 20:20
The market is clearly wary of the once-popular chipmaker.
Bank Of Japan Ensures 'Abenomics' Stays On Track In 2014
Forbes - 26 Nov 2013 20:11
The coming of the "New Year" is a major event in the mindset of the Japanese people. Just as with many in the west, the passing of the old year and the arrival of the new is a time for reflection and a renewal of a deter...
Exclusive New Survey Shows BlackBerry's BBM Beating WhatsApp And SnapChat In Key Markets
Forbes - 26 Nov 2013 19:01
Distimo's brand new messaging app survey shows fascinating patterns from the period following BBM's launch for Apple's iOS platform. During the first month of availability, BBM was the most downloaded messaging app in UK...
3 Great Stocks Selling For Far Less Than What They Are Worth
Forbes - 26 Nov 2013 18:58
Dave Perkins, Co-Portfolio Manager, Weitz Value Fund
Five Things You (And Retailers) Might Not Know About This Black Friday Weekend
Forbes - 26 Nov 2013 18:23
Alert the media! There will be big deals this Black Friday weekend! Retailers will duke it out for share of consumers? wallets and one up one another with giant door busters!
Red Bull guru predicts spicy 2014 season
CNN - 26 Nov 2013 18:17
Formula One's top car designer Adrian Newey is predicting a spicy 2014 season thanks to major rule changes.
Global shares pressured; oil climbs on Iran doubts
livemint.com - 26 Nov 2013 17:56
Crude prices climb back above $111 a barrel; US stocks open little changed
Best Bitcoin Explanation Infographic We've Seen Yet
IBTimes - 26 Nov 2013 17:55
As Bitcoin continues to reach new heights in terms of value and investors pour money into the anonymous digital currency, Bitcoin still faces the challenge of mainstream adoption.
Comex Gold Sees Corrective Technical Bounce And Short Covering
Forbes - 26 Nov 2013 16:49
(Kitco News) - Comex gold futures prices are modestly higher and seeing an upside technical correction and short covering following recent selling pressure that on Monday drove prices to a nearly five-month low. The key...
Trading Places Men's Wearhouse Enters Bid For Jos. A. Bank
Forbes - 26 Nov 2013 16:39
The proposal comes less than two months after Men's Wearhouse rejected a unsolicited offer from Jos. A. Bank.
Climate Change Study: 31 Percent Of Global Economic Output To Come From Nations At Extreme Risk From Climate Change by 2025 (Map)
IBTimes - 26 Nov 2013 16:26
According to a recent report from research firm Maplecroft, 31 percent of the world's economic output will be based in countries deemed at "extreme risk" from climate change by 2025. According to Maplecroft's Climate Cha...