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Market News

Location American Market News for 27 December 2013

Options Show Bullish Tilt on Forest Labs

Wall Street Journal - 27 Dec 2013 22:24
Hefty demand for options that would benefit if shares of the drug developer extend a rally suggests that some investors think it could be bought out.
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Confidence Pushes Key Bond Rate Above 3%

Wall Street Journal - 27 Dec 2013 23:22
A closely tracked U.S. Treasury bond yield that serves as a reference for global interest rates closed above the 3% mark for the first time in more than two years on Friday, underscoring growing confidence that the econo...
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Regulators Consider Changes to Volcker Rule

Wall Street Journal - 27 Dec 2013 23:16
Regulators are evaluating whether to drop provisions of the Volcker rule that may force banks to divest certain debt investments following pushback from the industry.
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Oil Jumps on Strong Demand

Wall Street Journal - 27 Dec 2013 23:09
U.S. oil futures surged above the $100 a barrel mark after data showed that demand was stronger than anticipated last week.
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U.S. Stocks Lower Ahead of Close

Wall Street Journal - 27 Dec 2013 22:46
Shares remained on track to finish the holiday-shortened week higher.
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Stock Picker Keeps Focus on the Basics

Wall Street Journal - 27 Dec 2013 22:29
Sam Eisenstadt, a pioneer of the individual-stock-ranking system at Value Line, remains bullish.
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Nvidia's Upgraded Tegra Note 7 To Expand Its Presence In Mobile Computing Powered by the Tegra 4 processor, the company claims that the device will be the world's fastest 7-inch tablet.
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SAC Portfolio Managers Moving to Rival

Wall Street Journal - 27 Dec 2013 22:25
Three London-based SAC Capital portfolio managers agreed to join rival hedge-fund Balyasny Asset Management.
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Mining Weakness Could Continue To Weigh On Caterpillar's Results In 2014 The company forecasts its 2014 sales to remain flat, compared to 2013, with growth from its construction equipment sales offset by additional decline in its mining equipment sales.
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New year holds out promise for rupee as fundamentals improve Rupee has lost 11.08% so far since January, and is coming off a year in which it plumbed new depths
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BlackBerry BBM Usage Surprisingly Strong In Asia BlackBerry's messaging app has been available for Apple's iOS and Google's Android devices for more than two months by now. That's why the post-Christmas app store results are fascinating; this is the busiest app downloa...
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Dump The Performance Fairy

Forbes - 27 Dec 2013 20:24
Dump The Performance Fairy Like any other superstition, the Performance Fairies lack any shred of credible evidence. But, the various voodoo priests, shamans, witch doctors, false profits, and charlatans, are so loud, persistent and prominent that...
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Best Investments For A Strong Retirement

Forbes - 27 Dec 2013 19:43
Best Investments For A Strong Retirement Retirees, understandably, are concerned with largely two things: safety and income. Retirement investments often combine these features, but at a cost.
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The Race To Develop A Brain Cancer Treatment Takes An Interesting Turn Biotechnology stocks have produced some of the biggest gains during the past couple of years.  While many analysts don?t expect that trend to change anytime soon, investors should still do all they can do to identify ar...
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2014 And The Only Chart You Need To See

Forbes - 27 Dec 2013 18:14
2014 And The Only Chart You Need To See If you pay technical analysis even an iota of attention, then you'll be encouraged by this chart.
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US 10-year yield at 2-year high, stocks rally

livemint.com - 27 Dec 2013 18:09
US 10-year yield at 2-year high, stocks rally US 10-year bond yield above 3%, Yen hits 5-year lows; euro rises to 2-year high at $1.3892
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Twitter's stock downgraded by Macquarie after post-IPO surge Shares jumped 40% since Macquarie initiated coverage on 11 December, without any improvement in Twitter's fundamentals
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The Nine Most Overbought Nasdaq 100 Stocks

Forbes - 27 Dec 2013 17:21
The Nine Most Overbought Nasdaq 100 Stocks As stocks continue to accelerate to the upside those under-invested money managers are wondering how they can "dress up" their portfolios by the end of the year. The Dow Industrials led the charge, Thursday, gaining 0.75...
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Would Elon Musk Sell Tesla To GM Or Ford In PayPal Redux? Tesla stock is up nearly 360% this year as the company rolled out its award-winning Model S to thousands of new customers.
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(Kitco News) - Gold prices are trading near unchanged levels in early U.S. trading Friday. The gold and silver bulls are disappointed their metals have received no upside price push from a sharply lower U.S. dollar inde...
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Jaypee gets FMC nod to sell 5.30% stake in NCDEX to Oman India FMC norms do not allow shareholders having over 1% of the shares in a bourse to trade on it
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Oil prices steady before US data

livemint.com - 27 Dec 2013 14:30
Oil prices steady before US data New York's main contract, WTI for delivery in February, edged up three cents to $99.61 a barrel
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