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Market News

Location American Market News for 10 February 2014
China's demand for gold exceeded 1,000 metric tonnes (1,102 short tons) for the first time in 2013, a 41 percent leap from 2012, the China Gold Association said. The surge in gold consumption, fueled by a 28 percent slid...
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Gold mining equities have become attractive to investors once more, after spending years out of fashion as respectable investments, given corporate governance problems and ballooning capital budgets.
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Four Buys Among Dow Stocks

Forbes - 10 Feb 2014 22:32
Despite the majority of stocks being overvalued, you can still find buys. Here are four.
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Hasbro's Board of Directors has declared a quarterly cash dividend of $0.43 per share. This represents an increase of $0.03 per share, or 8%, from the previous quarterly dividend of $0.40 per share. The dividend will be ...
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Why PetSmart Is A Buy

Forbes - 10 Feb 2014 21:22
PetSmart isn't off to a great start this year but here's why I think the retailer will make a turnabout.
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Original mandate restored for NPS

livemint.com - 10 Feb 2014 21:01
Original mandate restored for NPS PFRDA asks pension fund managers to invest only in Nifty and Sensex stocks, and that too through index, exchange-traded funds
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Monday Merger Roundup: RBC, LHCG, FSRV

Forbes - 10 Feb 2014 21:01
Regal Beloit (RBC) announced it has acquired Hy-Bon Engineering Company, a leader in vapor recovery solutions for oil and gas applications.
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DIIs turn net buyers of Indian equities, but no sign of trend reversal In the last five sessions, DIIs have made a net investment of `3,212.8 crore in Indian shares
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Monday's ETF with Unusual Volume: IYJ

Forbes - 10 Feb 2014 20:22
The iShares U.S. Industrials ETF (IYJ) is seeing unusually high volume in afternoon trading Monday, with over 3.8 million shares traded versus three month average volume of about 201,000. Shares of IYJ were down about 0....
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Daily Dividend Report: AVA, MCY, CLDT, SLCA

Forbes - 10 Feb 2014 21:55
Avista Corp.'s (AVA) board of directors has declared a quarterly dividend of $0.3175 per share on the company's common stock, an increase of $0.0125 per share, yielding an annualized dividend of $1.27. The common stock d...
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(Kitco News) - Comex gold futures prices ended the U.S. day session with moderate gains Monday and closed at a three-month high close. The near-term technical posture for gold continues to improve so far this year, whic...
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As sugary sodas continue to face headwinds in the domestic market, Dr. Pepper has looked to derive meaningful growth from its non-carbonated beverages and Latin America divisions. However, a lack luster NCB portfolio and...
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In Q4, it will again be the programming that includes NCIS, The Big Bang Theory and NFL On CBS, which will boost the broadcasting revenues. The media house will continue to do well in the near term with a strong lineup a...
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CVS' Earnings Preview: Generic Substitution & Specialty Drugs In Focus CVS expects its overall gross margin to be down significantly in Q4 2013 year to year, on account of a contraction in both the retail and PBM business as well as fewer new generics available to offset continued reimburse...
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While we expect Sprint to benefit from strong smartphone sales during the holiday season to continue to post a sustained increase in its ARPU levels, the carrier's postpaid net adds in Q4 will be a key metric to watch ou...
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The company plans to make some strategic investments to fuel growth, including: 1) expanding in China; 2) creating world economic graph to map 3 billion workers; and, 3) making efforts to increase user engagement on mobi...
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We believe the company's long-term growth potential is appealing. Strong sales of its high-end GPUs for PC gaming, increasing acceptance of the Kepler architecture in PCs, rising Tegra revenues, and deeper penetration in...
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The One 401(k) Move That Guarantees A Higher Return Costs matter. Vanguard founder Jack Bogle has been saying that for years and I've been echoing him every chance I get. When it comes to 401(k) expenses, costs loom large, although few pay any attention to them. Most empl...
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BoC: Disinflation Is A Bigger Risk To Global Economy Than Inflation (Kitco News) - The Bank of Canada is more worried about falling price pressures than the threat of rising inflation, said senior deputy governor of the central bank, Tiff Macklem.
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Monday 2/10 Insider Buying Report: TSC, DGX

Forbes - 10 Feb 2014 18:56
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...
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(Kitco News) - Large speculators cut all of their net-long precious metals futures and options holdings on the Comex division of the New York Mercantile Exchange and the Nymex in the latest weekly commitments of traders...
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Monday's ETF Movers: GDXJ, ILF

Forbes - 10 Feb 2014 18:37
In trading on Monday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of Perseus Mining (PRU.CA), up about 15.8% ...
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