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Market News

Location American Market News for 3 March 2014

Standard Chartered Nears Deals to Sell Units

Wall Street Journal - 3 Mar 2014 18:52
Standard Chartered is nearing deals to sell roughly a half-dozen units in Europe, Asia and the Middle East, amid an emerging-markets slowdown.
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Block deal of 4.7% stake in Bhel

livemint.com - 3 Mar 2014 10:57
Block deal of 4.7% stake in Bhel The price and parties to the transaction were not yet known
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Oil jumps over $2 as Ukraine mobilises for war

livemint.com - 3 Mar 2014 06:40
Oil jumps over $2 as Ukraine mobilises for war Brent crude hit a session peak of $111.24 per barrel, its highest since 2 January
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Red Bear Rising

Forbes - 3 Mar 2014 22:26
Just last week Russia was showcasing it’s $51 Billion dollar investment in Sochi as the world watched the XXII Winter Olympics. Yet no matter how much Russia tried to show the world its softer side, Vladimir Putin was ...
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Week Ahead Market Report: March 3, 2014

Forbes - 3 Mar 2014 21:46
The US markets are sharply lower this Monday as investors keep an eye on the unfolding tensions in the Ukraine.
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Daily Dividend Report: MJN, NUS, JE

Forbes - 3 Mar 2014 21:36
Mead Johnson Nutrition Company (MJN) announced that its board of directors has declared a regular quarterly dividend of $0.375 per share for the quarter ending March 31, 2014, a 10 percent increase from the prior rate of...
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Monday 3/3 Insider Buying Report: ANF, ODP

Forbes - 3 Mar 2014 21:20
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at two noteworthy recent insider buys.
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PNC Receives Subpoenas

Wall Street Journal - 3 Mar 2014 21:08
PNC Financial Services Group has received subpoenas from prosecutors over mortgage-lending practices and its relationships with merchants for payment-processing services.
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Ukraine Crisis Roils Global Markets

Wall Street Journal - 3 Mar 2014 21:06
Oil prices rose and investors rushed into perceived haven assets. Russian markets saw heavy losses, and shock waves were felt across European stocks.
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Crimean Crisis Clips Stocks

Forbes - 3 Mar 2014 21:01
Crimean Crisis Clips Stocks The market flashed a sell signal on Friday as the Ukraine escalation seemed to intensify. There were a lot of reversals to the downside combined with weakness in biotech and some momentum names
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Good February Usually Sets Up Marvelous March In Stocks By Rocky White
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Investor Fires Salvo Against Fannie, Freddie

Wall Street Journal - 3 Mar 2014 20:54
Bruce Berkowitz, a prominent mutual-fund investor, sent letters to the boards of Fannie Mae and Freddie Mac scolding directors for not protecting the rights of shareholders, upping the ante in his bid to let investors sh...
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In this analysis, we look at the total addressable market and estimate additional upside for the company under a different penetration level. We conclude that LinkedIn's revenues from talent solutions business could grow...
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Gross margins in footwear are 30% lower than in other categories. So far, the company has only been able to sell shoes at lower prices. Future plans to roll out shoes in medium and in high price ranges will therefore req...
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We expect the company's earnings to improve on a year-over-year basis, driven by strong demand in the Chinese market, stabilizing solar panels prices, as well as some improvements on the cost front. During the third quar...
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Maximizing Retirement Income

Forbes - 3 Mar 2014 20:39
Maximizing Retirement Income One of the fundamental challenges of retirement is making the switch from retirement investor to retiree. That means shifting from stocks to income investments in timely and secure fashion.
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Monday's ETF with Unusual Volume: JXI

Forbes - 3 Mar 2014 20:35
The iShares Global Utilities ETF (JXI) is seeing unusually high volume in afternoon trading Monday, with over 457,000 shares traded versus three month average volume of about 27,000.  Shares of JXI were down about 1.1% ...
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Russian stocks fell almost 10 percent on Monday as the nation's military encroachment in to Ukraine spooked investors. Reuters reported that the nation's stocks plunged and its central bank intervened with a $10 billion ...
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Russia's central bank on Monday unexpectedly hiked its main interest rate by the most since 1998 after the ruble hit an all-time low, as investors grew fearful over the consequences of military action in Ukraine.
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China's Yuan Move Leads to Liquidity Boost

Wall Street Journal - 3 Mar 2014 20:00
China's sudden move to engineer a weaker yuan has led to an unexpected and undesirable upshot: a sharp increase in cash flowing into its financial system.
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EWJ, KIE: Big ETF Outflows

Forbes - 3 Mar 2014 19:47
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Japan ETF (EWJ), where 3,600,000 units were destroyed, or a 0.3% dec...
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XLF, PSL: Big ETF Inflows

Forbes - 3 Mar 2014 19:46
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Financial Select Sector SPDR Fund (XLF), which added 14,050,000 units, or a 1.8% increas...
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