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Market News

Location American Market News for 5 December 2013
Global currency volatility climbs to 8-week high before US data, ECB Investors weigh the potential impact of growth indicators, monetary policy decisions in the world's biggest economies
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Myanmar will allow some foreign banks to operate in a limited scope next year, representing the latest move of the impoverished Southeast Asian nation's bid to open its financial sector.
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Testimony Sheds Light on SAC's Trading

Wall Street Journal - 5 Dec 2013 04:55
SAC Capital placed such importance on information gathered from company executives when deciding which stocks to buy or sell that it offered training sessions led by 'intelligence professionals' on how to use meetings to...
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Fast Food Workers Strike: We Can't Survive On $7.25 On Monday in Brooklyn, workers from a handful of fast food chains including McDonald's, Wendy's and Domino's Pizza walked out of the job over what they call poverty wages.
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Sina Stands Out As Best China Web Play

Forbes - 5 Dec 2013 23:39
SINA is one of the largest online media portals in China, providing users with a broad selection of information, communications and entertainment choices, while providing advertisers and content holders with a massive au...
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Madoff Employees Took Great Care Constructing Fake Trades

Wall Street Journal - 5 Dec 2013 23:33
High-ranking employees at Bernard L. Madoff's securities firms allegedly used a Yiddish vulgarity to describe the process of entering fake trades in some customer accounts after the fact, according to court testimony.
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Taper Fears Flog American Capital Agency

Forbes - 5 Dec 2013 23:32
Mortgage REITs have long been favorites of dividend investors, and especially before taper concerns came back into the picture. Securities in this space often pay double-digit yields, and with such a sluggish market for ...
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This Week In IBTimes Magazine

IBTimes - 5 Dec 2013 23:18
Here's a preview of this week's IBTimes Magazine: One Millionaire's Audacious Plan To build a high-end, self-contained city in a conflict zone. Kate Shuttleworth visits the mega-development known as Rawabi under construc...
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Analysts are looking for decreased profit for American Eagle Outfitters when the company reports its results for the third quarter on Friday, December 6, 2013. American Eagle reported profit of 41 cents a year ago, but t...
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Blurring Boundaries Between Pay-TV And Online Video To Benefit Netflix Not surprisingly, Hulu is in discussion with several pay-TV service providers to bundle its service, or make it available on their set-top boxes. Netflix has been making a similar effort of partnering with Comcast (read ...
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Upcoming national regulatory changes are expected to dramatically alter cities' pension reporting and accounting procedures, which will likely decrease funding for city pension plans that are already running low on cash....
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Don't Fear Aggressive Tapering By The Fed

Forbes - 5 Dec 2013 22:17
Don't Fear Aggressive Tapering By The Fed The Federal Reserve?s Beige Book, a collection of qualitative information from the 12 Federal Reserve Districts, painted a continued boring color for the U.S. economy. Just like previous reports, it said that the economy...
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Seeing The Light In Alliance Fiber Optic

Forbes - 5 Dec 2013 22:11
Alliance Fiber Optic was profiled back on August 2, and since that time, the stock rose as much as 45%, but has fallen all the way back to the original price. The ride isn't over for this fiber optic play and it is again...
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Facebook, Celgene And Blackrock: Bagging Strong Stocks At Good Prices In today's choppy market, it pays not to chase stocks, but instead to let stocks come to you via orderly and constructive pullbacks and buy them as they emerge from low risk buy points.
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Six Stocks On The Move

Forbes - 5 Dec 2013 21:33
Geron Corporation (GERN) is edging higher, and was up 26 cents, or 4.7%, on 3.3 million shares on Wednesday. It has had 5 waves up, with the 5th being a spike-up and then pullback. It is in a bullish consolidation, and o...
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IFC plans onshore rupee-bond for India

livemint.com - 5 Dec 2013 21:16
IFC plans onshore rupee-bond for India IFC is in talks with the govt 'to get the right waivers and approvals' for the onshore rupee-bond issue
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Marking Modi to market

livemint.com - 5 Dec 2013 20:59
Marking Modi to market Markets welcome exit polls predicting a likely victory for the BJP in four states, or at least three out of four states
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As the year wraps up, ETF Channel has once again sorted through more than 800 exchange-traded funds to find funds with significant year-to-date returns coupled with low expense ratios. For purposes of the article, we loo...
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We view JNJ as uniquely situated wih unmatched depth and breadth in growing global health care markets with solid positions in drugs, medical devices, and consumer products.
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Welcome To The Risk & Reward Blog

Forbes - 5 Dec 2013 20:30
This might seem like an unusual time to launch a blog about risk. Despite the occasional market wobble, it appears that investors are finally reaping the rewards of all the painful economic changes they have endured sinc...
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Two top Wall Street banks opened coverage of digital currency bitcoin on Thursday, mulling its potential as a serious global currency. Bank of America Merrill Lynch's currency strategist David Woo published a report this...
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How To Make Money In Any Market And 5 Stocks To Buy Right Now Thomas H. Forester, CFA, Chief Investment Officer, Forester Capital Management
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