Market News
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.
Block deal of 4.7% stake in Bhel
livemint.com - 3 Mar 2014 10:57
The price and parties to the transaction were not yet known
Oil jumps over $2 as Ukraine mobilises for war
livemint.com - 3 Mar 2014 06:40
Brent crude hit a session peak of $111.24 per barrel, its highest since 2 January
EU threatens Russia with sanctions amid market turmoil
Telegraph - 3 Mar 2014 22:53
Stock markets fall as rouble crashes to all-time low against dollar and euro, while oil prices jump
Busy Day For Québec Mining As Goldcorp, Osisko, Fraser Institute Survey Star
Forbes - 3 Mar 2014 22:42
(Kitco News) - It was a bit of a mixed bag in mining today for Québec as the province was booted out of the top 20 mining jurisdictions in the Fraser Institute’s annual mining survey, but received good news from a fe...
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 ...
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.
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...
Market report: Russian bear frightens the bulls
Telegraph - 3 Mar 2014 21:22
The FTSE 100 tumbled, with shares in Russian and Ukrainian companies hardest hit
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.
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.
Comex Gold Posts Highest Pit Close In Four Months On Safe-Haven Demand
Forbes - 3 Mar 2014 21:06
(Kitco News) - Heightened geopolitical tensions surrounding Ukraine, combined with technically oriented buying, pushed gold futures to their highest close since late October on Monday.
Crimean Crisis Clips Stocks
Forbes - 3 Mar 2014 21:01
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
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...
Estimating Growth Of LinkedIn's Talent Solutions Business
Forbes - 3 Mar 2014 20:47
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...
Mexico's Water Solution Could Be A Problem For Dr. Pepper Snapple
Forbes - 3 Mar 2014 20:46
The country recently introduced a soda tax and has vowed to improve domestic water facilities in the coming years. As Dr. Pepper's core business in Mexico includes carbonated drinks and bottled water, the country's effor...
Factors Underlying our $74 Valuation of Under Armour (Part 2)
Forbes - 3 Mar 2014 20:45
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...
Trina Solar Q4 Preview: Expect Another Good Quarter On Shipment Growth, Stabilizing Prices
Forbes - 3 Mar 2014 20:44
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...
Maximizing Retirement Income
Forbes - 3 Mar 2014 20:39
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.
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% ...
Russian Central Bank Hikes Interest Rates As Ruble Tumbles On Putin Threat To Ukraine
IBTimes - 3 Mar 2014 20:21
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.
Russian Stock, Currency Markets Hit As Putin Tightens Grip On Crimea
IBTimes - 3 Mar 2014 20:21
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 ...