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Market News

Location American Market News for 28 February 2014
Kiehl's Ultra Facial Cream Intense Hydration Product Review: Why Moisturizer Will Be The Most Sought-After Product For 2014 [PHOTOS] Have you used Kiehl's Ultra Facial Cream Intense Hydration? Megan Schaefer
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Banner Year Expected for Buffett's Berkshire

Wall Street Journal - 28 Feb 2014 22:15
Warren Buffett is poised to reveal record earnings Saturday when the billionaire investor releases Berkshire Hathaway's annual report and his much-awaited letter to shareholders.
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The S5 comes with only incremental upgrades, with a faster 2.5GHz quad-core processor and a bigger battery that should improve the overall user experience, but nothing truly revolutionary. Even the integrated fingerprint...
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In recent months, the carrier has retrofitted its airplane cabins with slimmer seats, installed winglets on its airplane wingtips, added more fuel efficient airplanes to its fleet and retired less efficient, older ones f...
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The return on this investment in the ecomagination project has also been strong for GE. Since its launch in 2005, this project, according to the company's own assessment, has generated around $160 billion in revenues wit...
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China Steps Up Effort to Weaken Yuan

Wall Street Journal - 28 Feb 2014 20:28
The yuan notched its biggest one-day fall since 2005 as China's central bank stepped up efforts to weaken the currency.
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A record-high grain harvest in Canada is causing tension between the only two railway companies in the country and the grain shippers who use them. Shippers claim that the Canadian National Railway Company and the Canadi...
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This Week In IBTimes Magazine

IBTimes - 28 Feb 2014 19:21
Here's a preview of this week's IBTimes Magazine: Mexican Cinema, On The Verge Patricia Rey Mallen reports from Mexico City on the ascent of filmmaking south of the U.S. border, and specifically one of the nominees for t...
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Mt. Gox may have fallen, but it's not all over yet for bitcoin. The digital currency had a good week in China, with the opening of the first bitcoin retail store, and a surge in trading volume at the Beijing-based Huobi....
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GrubHub Files For Up To $100 Million IPO

Forbes - 28 Feb 2014 19:05
GrubHub Files For Up To $100 Million IPO GrubHub expects to be listed on the New York Stock Exchange under the ticker GRUB.
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Govt hikes import tariff value of gold, silver

livemint.com - 28 Feb 2014 17:08
Govt hikes import tariff value of gold, silver Govt hikes the import tariff value on gold and silver to $433 per 10 grams and $699 per kg, respectively
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Euro gains as bonds fall, Europe stocks drop; S&P 500 fluctuates The US shares were little changed after a report showed the American economy grew less than forecast
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Wall Street is expecting higher profit for PDL BioPharma when the company reports its fourth quarter results on Monday, March 3, 2014. The consensus estimate is calling for profit of 41 cents a share, a rise from 34 cent...
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Analysts expect higher profit for Smith & Wesson Holding  when the company reports its third quarter results on Tuesday, March 4, 2014. The consensus estimate is calling for profit of 29 cents a share, reflecting a rise...
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Dendreon Loss Anticipated to Narrow

Forbes - 28 Feb 2014 17:00
Dendreon is expected to book a narrower loss than a year ago when it reports fourth-quarter earnings on Monday, March 3, 2014 with analysts expecting a loss of 37 cents per share, up from a loss of 40 cents per share a y...
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By Robert A. Green, CPA Managing Member of Green NFH, LLC
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Internet finance has become the newest battleground in China, as more Chinese than ever are getting online for the first time. Traditional insurers, hoping to take advantage of this new lucrative sector, are however frus...
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Following Thursday's rally, fueled by Federal Reserve Chair Janet Yellen's testimony before Congress, stocks look set for a weak opening Friday. However, data on GDP, PMI, consumer sentiment and home sales should provide...
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QR Energy to Return to Profitability

Forbes - 28 Feb 2014 16:00
When QR Energy reports its fourth quarter results on Monday, March 3, 2014, analysts are expecting to see the company back in the black. They are expecting profit of 36 cents a share after the company took a loss of 20 c...
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Invest via SIPs in gold funds to ride out price fluctuations Gold prices depend on a lot of factors
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Future of Ex-Im Bank Divides Republicans

Wall Street Journal - 28 Feb 2014 15:46
The Export-Import Bank, caught in a dispute between factions in the Republican Party, is mounting a push to try to prove its worth to the nation's economy before its charter expires just weeks ahead of this fall's electi...
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BSE's new MF platform to open on 6 March

livemint.com - 28 Feb 2014 15:20
BSE's new MF platform to open on 6 March Your IFA or MF distributor can now buy and sell units on the stock exchange directly
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