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Market News

Location American Market News for 2 January 2014

Billions Vanish in Banking Scandal

Wall Street Journal - 2 Jan 2014 16:29
Kazakhstan's BTA Bank accused its former chairman of fraud and embezzlement, sparking a legal drama that includes private eyes, gendarmes disguised as gardeners and billion-dollar court judgments.
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Dimon, Zuckerberg, Obama, Bezos, And More: Memorable Quotes Of 2013 It was a memorable year for the markets and major storylines, captured in the words of those who made the news.
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Trading Alert: As January Goes, So Goes The 2014 Market With the New Year here, let?s revisit some market lore tied to this time of year.
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13 Stock Losers of 2013 Set For A 2014 Rebound Investors were eager to punish stocks that didn't keep up with the bull market of 2013 -- but these stocks, fund managers say, were punished for no good reason and are poised for an upswing in 2014.
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Angie's List Plummeting On Securities Investigation A trial firm is investigating whether or not Angie's List deceived its investors, and as a result, shares of the consumer review company are falling fast.
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Key Trends Impacting Natural Gas Prices In The U.S. The outlook for U.S. natural gas supply has changed significantly over the past few years, primarily due to the evolution of horizontal drilling and hydraulic fracturing; these techniques have enabled energy companies to...
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LVS Drops Spain Plan; Macau Growth Intact

Forbes - 2 Jan 2014 22:09
LVS Drops Spain Plan; Macau Growth Intact We believe that LVS in particular is poised to benefit from the growth in Macau as it has established a critical mass with its diverse properties and resorts there.
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13 Stock Losers of 2013 Set For A 2014 Rebound Investors were eager to punish stocks that didn't keep up with the bull market of 2013 -- but these stocks, fund managers say, were punished for no good reason and are poised for an upswing in 2014.
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Urban Outfitters And American Eagle Top Retail Picks For 2014, Jefferies Says According to one Jefferies analyst, the road for retailers like Urban Outfitters, American Eagle and Ann Taylor will improve in 2014, but the struggling Aeropostale and Abercrombie & Fitch could continue to get pummeled.
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Toronto Dominion Bank's Non-Cumulative 5-Year Rate Reset Preferred Shares, Series AA About To Put More Money In Your Pocket On 1/6/14, Toronto Dominion Bank's Non-Cumulative 5-Year Rate Reset Preferred Shares, Series AA (Toronto: TD-PRA) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 1/31/14. As a percentage of TD.P...
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For U.S. Drillers, Days of Easy Money End

Wall Street Journal - 2 Jan 2014 18:42
U.S. oil and gas companies are slashing spending as foreign investment dries up, turning to private equity and the stock market for much needed cash.
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Fiat Soars After Gobbling Up Chrysler For $4.35 Billion Fiat stock leaped over 15% on Thursday following the news, finishing the day at its highest point since 2011.
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Domestic demand still a problem, PMI data shows

livemint.com - 2 Jan 2014 18:33
Domestic demand still a problem, PMI data shows While manufacturing PMI still signified an expansion, manufacturing sector growth has clearly slowed
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2014 looks promising for IT sector, but not necessarily for IT stocks Relative returns of IT stocks could be influenced heavily by factors external to the sector
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Wall Street kicks off new year on lower note

livemint.com - 2 Jan 2014 17:35
Wall Street kicks off new year on lower note US stocks down, initial jobless claims decline slightly; Markit manufacturing increases
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What do you get when you cross Ayn Rand, Ron Paul, bitcoin and Chile? Galt's Gulch, a new community in Chile inspired by one of Rand's most famous characters. For those familiar with the works of the uber-Libertarian aut...
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Pressure to Build in 2014 on Some CEOs

Wall Street Journal - 2 Jan 2014 16:58
Shareholders and boards have become less tolerant of slow turnarounds. See six CEOs facing challenges this year.
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Tech Renegade Pushes Untraceable Currency

Wall Street Journal - 2 Jan 2014 16:55
Cody Wilson rattled lawmakers with a plastic gun he created from a 3-D printer. Now, the 25-year-old is about to launch software aimed at covering the tracks of financial transactions made with bitcoin.
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While some investors played it safe in 2013, these guys were some of the biggest winners of the year thanks to their risky or unorthodox bets: For more details on the investors and their gains, read the full story at WSJ...
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Baby steps to reach a big goal

livemint.com - 2 Jan 2014 15:11
Baby steps to reach a big goal Use widely available free tools to calculate future requirements and decide how much to save now
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De-jargoned Banking Stability Index

livemint.com - 2 Jan 2014 15:10
De-jargoned Banking Stability Index It is important for a market economy that its banking system is stable and is adequately capitalized
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Govt lowers tariff value on imported gold, silver

livemint.com - 2 Jan 2014 14:23
Govt lowers tariff value on imported gold, silver The govt has reduced import tariff value of gold and silver to $392 per ten grams and $638 per kg respectively
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