Market News
Sensex jumps over 2% to record high as investors cheer BJP victory
livemint.com - 9 Dec 2013 06:00
Rupee rises to highest in four months, a day after the BJP gets majority in 3 of the 4 state assembly elections
Asian shares advance on China trade, falling yen
livemint.com - 9 Dec 2013 04:53
Asian markets look well placed in wake of Wall Street gains; Japanese shares jump as yen hits 5-year trough on euro
Gold Ends Firmer On Short Covering, Bargain Hunting; Bears May Be Exhausted
Forbes - 9 Dec 2013 23:42
(Kitco News) - Gold prices ended the U.S. day session with moderate gains Monday, on short covering from recent selling pressure and on some bargain hunting. Traders and investors are awaiting fresh news to drive the ma...
In Bankruptcy, Detroit Curses the Darkness
Wall Street Journal - 9 Dec 2013 23:29
Broken streetlights are a prime example of Detroit's decline. Nearly half of the city's 88,000 street lamps are dark, according to city estimates. A new authority aims to borrow funds to revamp the system.
Twitter Soaring Near All-Time High As It Profits Off Your Web History
Forbes - 9 Dec 2013 22:38
Twitter gained over 9% and flirted with the $50 share price mark it hit during its hot IPO a month ago.
90 Percent Of Fortune 500 Companies Are LGBT-Friendly [CHARTS]
IBTimes - 9 Dec 2013 22:08
Not only do more than 90 percent of all Fortune 500 companies have policies against discrimination on the basis of sexual orientation, but for the first time, 61 percent also included gender identity protections in their...
The Best Shorts Of 2013: JC Penney, Gold Miners And Pharma Flops
Forbes - 9 Dec 2013 22:05
Ackman's Herbalife bet has been a disaster, but plenty of other shorts have done very well this year despite a raging bull market.
Silver Saw Net ETF Inflows, Compared To Gold's Insane Decline
IBTimes - 9 Dec 2013 21:59
Silver exchange-traded funds saw modest net inflows this year, beating out their trading partner and more popular companion metal gold, which saw record outflows from ETFs. Holdings in silver specialist investment vehicl...
Early Universe Is Less Dusty Than Previously Believed, Forcing Scientists To Reevaluate Current Theories
IBTimes - 9 Dec 2013 21:50
Researchers have discovered the early universe may contain less dust than was previously assumed. Dust in early-universe galaxies affect star formation activity, and the new study indicates future theories should incorpo...
Why Not To Get Excited About Apple's China Mobile Deal
Forbes - 9 Dec 2013 21:15
The proclamations that China Mobile is a big deal are simply wrong. Take a look at the following facts and make a judgment for yourself.
Banco Santander SA's Non-Cumulative Guaranteed Series 10 Preferred Securities About To Put More Money In Your Pocket
Forbes - 9 Dec 2013 21:10
On 12/11/13, Banco Santander SA's 10.5% Non-Cumulative Guaranteed Series 10 Preferred Securities (NYSE: SAN.PRE) will trade ex-dividend, for its quarterly dividend of $0.6562, payable on 12/30/13. As a percentage of SAN....
George Weston Limited's Preferred Shares Series III Ex-Dividend Reminder
Forbes - 9 Dec 2013 21:07
On 12/11/13, George Weston Limited's Preferred Shares Series III (Toronto: WN-PRC) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 1/1/14. As a percentage of WN.PRC's recent share price of $24.26...
Ex-Div Reminder for Omnicare Trust Preferred Income Equity Redeemable Securities
Forbes - 9 Dec 2013 21:06
On 12/11/13, Omnicare Inc.'s Trust Preferred Income Equity Redeemable Securities (NYSE: OCR.PRA) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 12/16/13. As a percentage of OCR.PRA's recent share...
Public Storage's Cumulative Preferred Share of Beneficial Interest, Series P Ex-Dividend Reminder
Forbes - 9 Dec 2013 21:02
On 12/11/13, Public Storage's 6.5% Cumulative Preferred Share of Beneficial Interest, Series P (NYSE: PSA.PRP) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 12/30/13. As a percentage of PSA.PR...
Cash Dividend On The Way From Bell Aliant Cumulative 5-Year Rate Reset Preferred Shares, Series E
Forbes - 9 Dec 2013 21:02
On 12/11/13, Bell Aliant Inc's Cumulative 5-Year Rate Reset Preferred Shares, Series E (Toronto: BAF-PRE) will trade ex-dividend, for its quarterly dividend of $0.2656, payable on 12/31/13. As a percentage of BAF.PRE's r...
Ex-Div Reminder for Southern Company's 5.25% Series Preferred Stock
Forbes - 9 Dec 2013 21:00
On 12/11/13, Southern Company's 5.25% Series Preferred Stock (NYSE: MP.PRD) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 1/2/14. As a percentage of MP.PRD's recent share price of $24.91, this...
Alcoa Preferred Stock Ex-Dividend Reminder
Forbes - 9 Dec 2013 20:59
On 12/11/13, Alcoa, Inc.'s $3.75 Preferred Stock (AMEX: AA.PR) will trade ex-dividend, for its quarterly dividend of $0.9375, payable on 1/1/14. As a percentage of AA.PR's recent share price of $74.00, this dividend work...
Brookfield Office Properties Class AAA Preference Shares, Series T About To Put More Money In Your Pocket
Forbes - 9 Dec 2013 20:58
On 12/11/13, Brookfield Office Properties Inc's Class AAA Preference Shares, Series T (Toronto: BPO-PRT) will trade ex-dividend, for its quarterly dividend of $0.2875, payable on 12/31/13. As a percentage of BPO.PRT's re...
Cash Dividend On The Way From M&T Bank Corp's Enhanced Trust Preferred Securities
Forbes - 9 Dec 2013 20:56
On 12/11/13, M & T Bank Corp's 8.500% Enhanced Trust Preferred Securities (NYSE: MTB.PRA) will trade ex-dividend, for its quarterly dividend of $0.5312, payable on 12/16/13. As a percentage of MTB.PRA's recent share pric...
Innovation Pops Commodity Price Bubble
Wall Street Journal - 9 Dec 2013 20:54
Expanded supply, brought about by innovation and investment, has helped moderate commodity prices over the past year after a decade of demand from China helped push up prices.
Ex-Div Reminder for Bank of America Corp.'s Trust Preferred Securities
Forbes - 9 Dec 2013 20:54
On 12/11/13, Bank of America Corp.'s Trust Preferred Securities (NYSE: MER.PRK) will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 12/16/13. As a percentage of MER.PRK's recent share price of $25.1...
Ride US Stocks To Big Gains This Year? Banks Say Try Europe in 2014
Forbes - 9 Dec 2013 20:53
With the S&P 500 up over 25% so far this year, 2013 was fantastic for investors who put money into US stocks.