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Market News

Location American Market News for 8 January 2014
As we watch wireless companies consolidate, the question of whether Telephone & Data Systems will sell has often emerged.
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10 Reasons To Convert To A Roth IRA

Forbes - 8 Jan 2014 18:38
10 Reasons To Convert To A Roth IRA In a Roth conversion, you take funds out of a traditional pre-tax individual retirement account, pay the federal, state and local income taxes owed and deposit the funds in a Roth IRA, where your savings grow tax free. I...
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Finding Fertile Ground For Dividend Hunters With U.S. Treasury yields around 3%, income-producing stocks are attractive. Here's where some money managers are finding opportunities.
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Macy's Slashing 2,500 Jobs In Effort To Save $100 Million Per Year Macy's sees holiday season sales increase, but is cutting 2,500 positions and shuttering five stores in an attempt to cut costs.
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Sugar Set To Snap Downtrend, Elliott Wave Suggests Bottom Nigh "Raw sugar prices on ICE slumped to a 3-1/2 year trough on Wednesday, extending a long-term downtrend on heavy technical selling and bearish options dealings."
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Astronomers using NASA's Chandra X-ray Observatory observed what they describe as the death of a star at the hands of black hole. A flare seen in a dwarf galaxy 800 million light-years from Earth, inside the Abell 1795 g...
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No News Is Bad News: JC Penney Tanks After Saying Zilch About Holiday Sales If you don't have anything nice to say, don't say anything at all. Unless you're a struggling retail brand.
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The 10 Retailers That Have the Most To Gain -- And Lose -- This Holiday Season This holiday season, all eyes are on J.C. Penney, Sears, The Gap and Uniqlo.
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Gold prices are falling, and yet investors and collectors can't seem to buy enough of the precious metal. Gold prices fell to a six-month low heading into 2014 (standing at $1,228.60 per ounce Wednesday morning). On Wedn...
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Samsung's Weak Earnings Forecast Heightens Smartphone Worries Even As Chipset Prices Soar Given the magnitude of the decline, which pushed Samsung's operating profits down to its lowest level in over a year, it is likely that sales in the company's handset division were somewhat subdued by heightened competit...
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(Kitco News) - Gold prices ended the U.S. day session moderately lower Wednesday, pressured by a higher U.S. dollar index and on fresh, upbeat U.S. economic data. February gold was last down $9.20 at $1,220.40 an ounce....
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Connection To Madoff Scheme Costs JPMorgan $2.6 Billion Combined with the fact that a large part of this settlement does not entail a tax benefit, JPMorgan will see a $850 million reduction in its results for the fourth quarter and full-year 2013, which it releases on January...
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With Elpida On Board & Improving Market Condition Micron Reports A Solid Q1'14 Micron claims that the industry fundamentals for both DRAM & NAND products remain solid, and it is getting strong demand signals from a majority of its customers. With a large and diverse memory product portfolio across ...
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A glimmer of hope on company earnings

livemint.com - 8 Jan 2014 21:01
A glimmer of hope on company earnings The earnings revision indices of MSCI and IBES have been trending up since last quarter
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Feeling Fine Owning Stocks And Shorting Treasury Bonds The leaders for 2014 will look a lot like last year's. U.S. and developed market foreign equities should continue to outperform.
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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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Oil demand falls to decade low in 2014

livemint.com - 8 Jan 2014 20:50
Oil demand falls to decade low in 2014 Overall demand growth for oil products slowed to 0.5% due to hikes in diesel prices and reduction in LPG subsidies
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Consumption growth in 2014 fiscal estimated at lowest in decade Demand has remained weak and there is little to suggest a sharp improvement in the trend
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With Madoff, DOJ Off Its Back, Will JPM's Legal Drama Slow In 2014? JPMorgan Chase investors are hoping 2014 is less about lawsuits and settlements and more about revenue and profits.
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Emerging market funds limp into 2014

livemint.com - 8 Jan 2014 20:24
Emerging market funds limp into 2014 2013 saw funds flowing out of emerging market assets and US bonds into developed market equities
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In The Run Up To An IPO, New Relic Appoints Financial Whiz To Board Maybe it's just the cool-factor of a startup named by an anagram of its founders name but New Relic, the high-aiming software monitoring company, just keeps gaining attention. Its founder and CEO (and said donator of the...
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Danger Rises With Market As Investors Lose Sense Of Fear The current AMSI reading of 66, when taking into account the interaction of its component parts, indicates growing market complacency, which is indicative of generally increasing market risk.
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