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Market News

Location American Market News for 9 December 2013
Sensex jumps over 2% to record high as investors cheer BJP victory Rupee rises to highest in four months, a day after the BJP gets majority in 3 of the 4 state assembly elections
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Asian shares advance on China trade, falling yen

livemint.com - 9 Dec 2013 04:53
Asian shares advance on China trade, falling yen Asian markets look well placed in wake of Wall Street gains; Japanese shares jump as yen hits 5-year trough on euro
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(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...
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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.
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Twitter Soaring Near All-Time High As It Profits Off Your Web History Twitter gained over 9% and flirted with the $50 share price mark it hit during its hot IPO a month ago.
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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...
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The Best Shorts Of 2013: JC Penney, Gold Miners And Pharma Flops Ackman's Herbalife bet has been a disaster, but plenty of other shorts have done very well this year despite a raging bull market.
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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...
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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...
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World's biggest investor BlackRock says US rally nearing exhaustion World's largest investor has advised clients to be ready to pull out of global stock markets at any sign of serious trouble     
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Extreme Optimism Good Reason For Pessimism

Forbes - 9 Dec 2013 21:27
Extreme Optimism Good Reason For Pessimism Investors Intelligence poll showed extreme optimism. The biggest underperformance appears to occur at the six-month time frame.
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Why Not To Get Excited About Apple's China Mobile Deal 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.
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Banco Santander SA's Non-Cumulative Guaranteed Series 10 Preferred Securities About To Put More Money In Your Pocket 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....
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Ex-Div Reminder for Omnicare Trust Preferred Income Equity Redeemable Securities 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...
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Digital Realty Trust Series E Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon On 12/11/13, Digital Realty Trust, Inc.'s 7.000% Series E Cumulative Redeemable Preferred Stock (NYSE: DLR.PRE) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 12/31/13. As a percentage of DLR.P...
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Public Storage's Cumulative Preferred Share of Beneficial Interest, Series P Ex-Dividend Reminder 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...
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Cash Dividend On The Way From Bell Aliant Cumulative 5-Year Rate Reset Preferred Shares, Series E 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...
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Ex-Div Reminder for Southern Company's 5.25% Series Preferred Stock 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...
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Alcoa Preferred Stock Ex-Dividend Reminder

Forbes - 9 Dec 2013 20:59
Alcoa Preferred Stock Ex-Dividend Reminder 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...
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Brookfield Office Properties Class AAA Preference Shares, Series T About To Put More Money In Your Pocket 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...
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Cash Dividend On The Way From M&T Bank Corp's Enhanced Trust Preferred Securities 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...
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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.
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