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Market News

Location American Market News for 3 December 2013
The Fed After Ben: Janet Yellen, The Challenge Of Tapering And A Bloated $3.6 Trillion Balance Sheet Janet Yellen is set to take the lead role at the Federal Reserve once Chairman Ben Bernanke steps down, and her challenge is set up for her: how to taper and begin exiting the Fed's easy stance without spooking the marke...
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Critical illness diagnosed in waiting period is not covered Waiting period is the number of days after you first buy the insurance
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The Markets Are Seeing Red -- Is It A Preview Of Equity Struggles To Come? The markets continue their rocky stretch, closing to a third day of declines Tuesday afternoon.
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Detroit Eligible for Bankruptcy Protection

Wall Street Journal - 3 Dec 2013 23:07
Detroit was declared eligible for bankruptcy protection, clearing an important hurdle for the cash-poor city to restructure billions of dollars in long-term debt.
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Forbes Life Elon Musk

Forbes - 3 Dec 2013 22:15
Forbes Life Elon Musk At Home With The Bachelor Billionaire
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Tesla Rebounds After Germany Clears Model S Fires, But NHTSA Investigation Still Looms Tesla received great news this week as German regulators concluded their investigation, noting "no manufacturer-related defects could be found."
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These Charts Hold The Key To Gold And Silver's Next Move Gold and silver are at a make-or-break point that could lead to a sharp move in the next few months.
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A Commitment To Dividends And Share Repurchases Boosts 3M's Total Returns 3M's stock price has increased 47% from $90.65 on November 29, 2012 to $133.50 on November 27, 2013, producing a gain of $42.85 for an investors who choose these entry- and exit-points. Yes, it has been a good year for t...
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The Coming 401(k) Lawsuits

Forbes - 3 Dec 2013 20:38
The Coming 401(k) Lawsuits The latest suit brought by employees who are dissatisfied with the 401(k) their own company offers.
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Key Trends Underlying Twitter's Cash Flow Growth The market enthusiasm towards Twitter's stock can also be attributed to the strong trend of increasing Internet usage, the proliferation of mobile devices, social networking platforms becoming the preferred choice for sh...
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Madoff Lieutenant Describes Ploy to Outwit Auditor

Wall Street Journal - 3 Dec 2013 20:01
A top lieutenant to Bernard L. Madoff explained in detailed testimony the lengths required to maintain the firm's massive Ponzi scheme.
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In Fracking, Sand Is the New Gold

Wall Street Journal - 3 Dec 2013 19:52
The race to drill for oil is creating another boom--in sand, a key ingredient in fracking.
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The world's largest gold-mining company is about to take on an entirely new look. Barrick Gold Corp. (TSE:ABX) this week will get a new chairman and a new chief operating officer. Further, in the spring at least two dire...
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Jobs And Volatility: Will They Both Be Higher This Week? The S&P 500 continued to notch new record highs in a methodical grind in November. In fact, the average daily move in the index last month was a thin 8 points, or 0.045%. The focus in early December now turns to economic...
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Stocks tumble on US stimulus watch; treasuries up

livemint.com - 3 Dec 2013 18:57
Stocks tumble on US stimulus watch; treasuries up All eyes on US Nov jobs data due on Friday; fear of Fed paring between Jan-Mar drive stocks lower
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As Cyber Monday Destroys Records, iOS Drives Over 5x Higher Sales Than Android Mobile accounted for over 17% of Cyber Monday sales, a 55.4% increase from 2012.
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A federal judge Tuesday ruled that Detroit is officially eligible for bankruptcy protection, a move that the once-mighty but now debt-choked city took in July. The decision lets the city walk away from an array of debts ...
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Driven By Truck Demand Chrysler, GM And Ford Report November Sales Growth The Big Three automakers reported better than expected November sales growth. Shares, however, are down slightly following the news.
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PowerGrid follow-on offer may spark revival in primary market If the stock sale sails through, it may bring back the confidence among retail investors, say bankers and analysts
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NSE to suspend trading in 10 securities from 10 Dec

livemint.com - 3 Dec 2013 17:40
NSE to suspend trading in 10 securities from 10 Dec Trading will be suspended in shares for not complying with various provisions of the listing agreement
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Potential Healthcare Headache?

Forbes - 3 Dec 2013 17:17
Potential Healthcare Headache? Stocks sagged to start off the new month, though the losses in the major averages were slight with the S&P 500 down 0.37% but the Russell 2000 was one of the weakest, down 1.07%. Only the Dow Jones Transportation bucked ...
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ESugar at three-year low as Indian dispute ends

livemint.com - 3 Dec 2013 17:14
ESugar at three-year low as Indian dispute ends Speculation that exports from India will now speed up drove the trend in London
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