Market News
China HSBC Final PMI Falls To Six-Month Low In January As Output And New Orders Decrease, And Business Conditions Worsen
IBTimes - 30 Jan 2014 07:21
China's manufacturing activity decreased for the first time in six months in January, falling to 49.5 from December's 50.5 and from the 49.6 figure reported in a flash PMI released last week, an HSBC Bank survey revealed...
Gold Ends Down on Stronger U.S. Dollar, Rebound in Stock Market
Forbes - 30 Jan 2014 20:25
(Kitco News) - Gold prices ended the U.S. day session solidly lower Thursday, pressured by a sharp rise in the U.S. dollar index and by U.S. stock indexes rebounding from recent selling pressure. April gold was last dow...
Titan loses lustre in the December quarter
livemint.com - 30 Jan 2014 12:35
Titan sees the worst decline in sales in the past 10 years as consumers hesitated to buy gold jewellery
Drilling Decreased In UK But Increased In Norway In 2013: Petroleum Services Group at Deloitte
IBTimes - 30 Jan 2014 21:21
Petroleum drilling across Northwest Europe slipped to a total of 121 exploration and appraisal wells in 2013 compared to 2012, according to an annual report released this month by the London-based Petroleum Services Grou...
Six Essential Investment Themes To Consider For Your Portfolio
Forbes - 30 Jan 2014 21:17
2014 is off to a rocky start. What should investors do now?
NBCUniversal Drives Comcast's Q4 Earnings
Forbes - 30 Jan 2014 20:54
The company expects programming expense growth to accelerate to approximately 9%-10% in 2014 driven by several factors including increases in retransmission consent fees, higher sports programming costs and step-ups for ...
Production Ramp Ups Lift Boeing's Net & Positions It For Robust 2014
Forbes - 30 Jan 2014 20:50
Recent elimination of across the board spending cuts, called sequestration, from the U.S. government's fiscal 2014 budget will also provide short term relief to Boeing's defense business, which constitutes around 40% of ...
Facebook Jumps On Strong Results
Forbes - 30 Jan 2014 20:49
As Google's own social networking platform still hasn't made a dent in Facebook's growth, the near term risk comes from the impact of Facebook's expansion in emerging markets on its topline growth. This year's free cash ...
Corning's Revenue Dips On Declines In Display, Specialty Materials Businesses
Forbes - 30 Jan 2014 20:49
Corning anticipates the LCD price declines to be higher in the first quarter of 2014 led by competitive pricing mechanisms in its new contracts announced in late 2012. However, the declines should become moderate after t...
Gold, Stocks See Change Of Fortune In 2014 -- Will It Last?
Forbes - 30 Jan 2014 20:43
(Kitco News) - 2014 brought a role reversal of sorts for gold and equities, with the metal higher and stocks lower, in contrast to last year’s performance.
Ford Delivers Strong Profits But Remains Cautious On Outlook
Forbes - 30 Jan 2014 20:41
Extra cost associated with the changeover of the F-150 is one of the reasons why the automaker is cautious on the 2014 outlook. Ford anticipates its North American operating margins to slide to 8-9% this year, as a resul...
Emerging Markets Just Got Cheaper. Maybe It's Time To Buy.
Forbes - 30 Jan 2014 20:38
Emerging markets are risky, but perhaps not as risky as current prices suggest.
Analysts: Gold Premiums Diverging In China, India
Forbes - 30 Jan 2014 20:07
(Kitco News) - Indian and Chinese gold premiums have diverged somewhat in recent days, analysts said.
Change Of Heart: DOJ Wants $2B Instead Of $864M In BofA Fraud Case
Forbes - 30 Jan 2014 19:46
Show me the money. The government's appetite for billion dollar Wall Street settlements gets bigger.
Stock Market Valuations Make It Tough To Be Bullish
Forbes - 30 Jan 2014 19:43
Despite my bullish outlook on the economy as a whole, it's impossible to ignore the fact that valuations are getting a little stretched. In the past few months, the price to economic book value ratio of SPY reached 2.6, ...
myRA Not Needed: You Can Set Up Your Own Retirement Plans
Forbes - 30 Jan 2014 18:49
President Obama's "myRA" plan to boost savings is a decent idea, but not needed. You can get nearly all of the benefits through other vehicles.
10 Reasons To Convert To A Roth IRA
Forbes - 30 Jan 2014 18:49
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...
Where Will Strong Sectors Find Support?
Forbes - 30 Jan 2014 18:45
The weak opening Wednesday was a sign that the market rally had already fizzled, as many of the major averages are now approaching or testing the December lows. There is longer term support from early November, which, fo...
Under Armour Shares Race To Alltime High After Earnings Beat, Billionaire CEO Makes Millions
Forbes - 30 Jan 2014 18:31
With its "I Will" marketing campaign Under Armour invites athletes and customers to share how they defy expectations. But today the athletic apparel company is the one beating the odds.
How Billionaire Brands Control Your Life
Forbes - 30 Jan 2014 18:31
Billionaires influence your life in thousands of ways--from the shoes you wear, the beer your drink and the smart phone buzzing in your pocket. In fact, there?s a good chance your using a billionaire product this very mo...
US stocks rebound after sell-off; results boost Facebook
livemint.com - 30 Jan 2014 18:25
Dow Jones rises 0.43%; S&P 500 gains 0.72%; Nasdaq adds 1.22%;
SBI raises $1.28 billion selling shares to boost capital ratio
livemint.com - 30 Jan 2014 17:51
The bank will have a capital adequacy ratio of 12.8% after the share sale is completed