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Market News

Location American Market News for 21 December 2013
HC decides to hear petition of FTIL, Jignesh Shah on 8 Jan Bombay high court asks FMC to file its reply on FTIL's petition by 6 January
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Gold recovers on low-level buying, global cues

livemint.com - 21 Dec 2013 12:18
Gold recovers on low-level buying, global cues Gold of 99.9 and 99.5% purity recovered by Rs240 to Rs30,400 and Rs30,200 per ten grams, respectively
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Facebook, investors to raise $3.85 billion in share sale Facebook said it will use the proceeds for working capital and other corporate purposes
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Brazil's Vale Reduces Stake in Controversial Dam

Wall Street Journal - 21 Dec 2013 06:39
Vale, the world's leading producer of iron ore, agreed to form a joint venture with power company Cemig to manage some energy assets and will sell part of its stake in a controversial hydroelectric dam in the Amazon.
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Mine Closures Set to Give Zinc a Boost

Wall Street Journal - 21 Dec 2013 04:02
Prices of zinc, a metal used to coat steel, rose to a nine-month high amid a flurry of mine closures that are expected to tighten supplies.
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The Week Ahead: Will 2014 Be a Buy-&-Hold Year? The FOMC caught many by surprise last Wednesday, myself included, as stock prices exploded to the upside and closed with impressive gains. It appears that the FOMC struck a good medium between slightly reducing their bon...
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Five Reasons It's Time To Buy Bonds Again

Forbes - 21 Dec 2013 01:39
Five Reasons It's Time To Buy Bonds Again Bonds in 2013 finally got their comeuppance. After a long, pleasing ride of income + price gains, the bond market decided the party was over. It only took four months for the 10-year U.S. Treasury note to drop the equiva...
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Facebook, Zuckerberg Follow-On Offering Priced At $55.05 Thursday, Facebook shared that an additional 70 million units of its stock would be made available for public trade. Friday, the social network revealed the price of that offering.
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The Evolution Of Facebook

Forbes - 21 Dec 2013 00:35
The Evolution Of Facebook How has Facebook changed since 2004? Here's a look at some of the site's most notable redesigns and features.
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