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Market News

Location American Market News for 25 February 2014

Target's Valuation Largely Hits the Mark

Wall Street Journal - 25 Feb 2014 23:12
Ahead of the Tape: Target's quarterly results should leave little doubt that the retailer is damaged goods. But the markdown to its stock may not be as attractive as it appears.
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'Teen Wolf' Season 3 Spoilers: Midseason Finale Promo Video Teases Major Death; Who Will Die By The End Of Episode 24? [VIDEO] Will Stiles be killed in the midseason finale of "Teen Wolf"? Teen Wolf
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(Kitco News) - Gold prices ended the U.S. day session firmer and near the daily high Tuesday. Prices scored another four-month high and were boosted in part on some weak U.S. economic data released Tuesday morning. Also...
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However, changing the architecture and implementing it across the entire network could take years, and the carrier has therefore not lowered its CapEx estimate of $21 billion for the year. Going forward, it expects the p...
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UnitedHealth Group's stock gained 3% on Monday after peer Humana announced that the government's cuts to the Medicare program would not have as severe an effect as earlier estimated. Humana's stock surged 11% following t...
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For Q4, we expect the company's revenues to be driven by strong utilization rates as well as the relatively smooth operation of the company's fleet. However, we will be closely watching the company's progress in improvin...
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Microsoft Sailing With Stiff Headwinds

Forbes - 25 Feb 2014 20:35
Microsoft (MSFT) has reportedly cut the price of Windows 8.1 by 70% for tablets and low cost computers. Original equipment manufacturers will now pay only a $15 license for Windows 8.1 if they install it on devices that ...
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India's plans to list feeder fund on LSE hit by volatile rupee Finance ministry official says proposed feeder fund in the UK is unlikely to take off because the costs are high
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(Kitco News) - Platinum group metals have not been able to benefit much from a major South African strike that is now a little more than a month old, but should if the walkout becomes more protracted and above-ground sto...
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Watch Out McDonald's, Here Comes Taco Bell's Waffle Taco Breakfast While you and I may be enjoying a wider selection of breakfast and lunch offerings, the competitive landscape is only getting tougher for McDonald's. With wages under pressure and rising costs, perhaps the Golden Arches ...
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Sina Corp (NASDAQ:SINA), an Internet company based out of Shanghai, is planning to raise about $500 million by listing its social media platform, Weibo, in the U.S., news reports said Monday. Weibo, which is similar to m...
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The values of most currencies in the "frontier markets," which include Ukraine, Kazakhstan and Nigeria, are "significantly overvalued," Bank of America Merrill Lynch said on Tuesday. "In contrast to EMFX [emerging market...
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Wall Street holds near record high, yuan weaker

livemint.com - 25 Feb 2014 17:29
Wall Street holds near record high, yuan weaker US dollar rose against the yuan on suspicion China's central bank intervened in the currency market
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Yuan Edges Lower As Euro Worries Mount

Forbes - 25 Feb 2014 16:51
Yuan Edges Lower As Euro Worries Mount Apparently, Wall Street prefers sunshine to storm clouds. While ignoring the run of weak U.S. data due to the bad weather, the Street is only too happy to focus on M&A activity across the developed stratosphere, choosing...
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Sebi makes monitoring agency compulsory for all IPO funds The move assumes significance in the backdrop of instances of misuse of IPO funds discovered by the market regulator two years back
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Mastek's generous buybacks seem to be paying off

livemint.com - 25 Feb 2014 16:09
Mastek's generous buybacks seem to be paying off Mastek shares have risen 70% since the previous buyback announcement
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Private equity investments in India up by 19% in Q4

livemint.com - 25 Feb 2014 16:03
Private equity investments in India up by 19% in Q4 PE firms invested $2.12 billion in 76 deals in India during last quarter of 2013
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FMC allows bourses to fix different transaction fee

livemint.com - 25 Feb 2014 15:50
FMC allows bourses to fix different transaction fee The move will promote competition in the market, bring in greater efficiency and lower transaction costs to market participants, said the regulator
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Why a declining power deficit is not necessarily good While electricity generation increased by 5.5% in this fiscal to January, power demand has remained almost unchanged
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MetLife Exits The U.K. Annuity Market

Forbes - 25 Feb 2014 15:50
Having been designated as a non-bank systemically important financial institution by the Financial Stability Oversight Council, the company is looking to cut down on capital intensive products, and this might be part of ...
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We believe that apart from its appealing product offerings, Gap Inc's strong direct-to-consumer channel and surge in online orders during the holiday season helped its results. We'll look for additional details on these ...
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New product launches across the Information Management domain should remain critical to Symantec's future. The company plans to announce various new offerings across the Business Continuity, Information Fabric, Storage D...
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