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Market News

Location American Market News for 4 March 2014
In the latest chapter of the MtGox saga, a London law firm has filed a class-action lawsuit against MtGox CEO Mark Karpeles. The bitcoin exchange filed for bankruptcy Friday, stating that more than 850,000 bitcoins, 100,...
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Russian markets plunge 10.8% as Vladimir Putin tightens Crimea grip Central bank spends as much as $12 billion of its reserves to prop up rouble as investors reacted to tensions
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Sensex recovers slightly as Ukraine crisis continues to weigh The BSE benchmark rises around 0.2% as risk aversion continues
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'How I Met Your Mother' Season 9 Spoilers: Episode 20 Promo Leaked; Will 'Daisy' Give More Clues About 'The Mother's' Death Theory? [VIDEO] Will more clues about "The Mother's" theorized death be mentioned in episode 20 of "How I Met Your Mother"? How I Met Your Mother
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The only other large capitalization property that sells anywhere near Salesforce's premium is Adobe, which I throw up my hands as unanalyzable.
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Facebook Follows Amazon, Google Into Drones With $60 Million Purchase Time to hop on the drone bandwagon -- before it flies off without you.
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It's not just about selling your story, it's about making sure you have the right kind of investors.
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Merger Roundup: VMI, LCUT, IBM, MITL

Forbes - 4 Mar 2014 21:22
Valmont Industries (VMI) has acquired privately-held DS SM A/S, a market leader in Northern Europe for the manufacture of heavy complex steel structures for a diverse range of industries including wind energy, offshore o...
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RadioShack will be closing up to 1,100 stores across the country. More closings could be on the way.
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Individual investors' allocation to equities stayed above 60% for the 11th consecutive month.
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It makes sense for eBay to raise its stake as Snapdeal.com is expanding rapidly and expects to grow its gross merchandise volume from INR5 billion in 2013 to INR30 billion in 2014. We expect India's e-commerce market to ...
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Even after adjusting for the difference in price realizations, the company's cash margins improved by $2.35 per BOE, which implies more than 9% year-on-year growth. The key trend behind this spectacular margin expansion ...
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Both domestic and international revenues declined. Additionally, the company saw non-GAAP diluted EPS of $1.24 in Q4, which was better than expected, as it continued to record cost savings through the Renew Blue program.
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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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Tuesday's ETF with Unusual Volume: PBD

Forbes - 4 Mar 2014 20:31
The Global Clean Energy Portfolio ETF (PBD) is seeing unusually high volume in afternoon trading Tuesday, with over 249,000 shares traded versus three month average volume of about 39,000.  Shares of PBD were up about 3...
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Pimco Sees Outflows Even as Bonds Regain Favor

Wall Street Journal - 4 Mar 2014 20:29
Pimco's flagship bond fund continued to see outflows in February, even as investors have started returning to bond funds.
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American markets are feeling the jolt from geopolitical tensions in Russia and Ukraine, but companies like Caterpillar Inc. (NYSE: CAT) have even more to worry about. After fighting for years to improve U.S. trade relati...
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Russia is playing the money card. Sergei Glazyev, an adviser to Russian President Vladimir Putin, said on Tuesday that the country could sell all the U.S. government bonds it owns should the country impose sanctions on R...
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Some Thai Rice Farmers to Get Relief

Wall Street Journal - 4 Mar 2014 19:40
Thailand's Election Commission approved the government's request to disburse $616 million to pay farmers for rice bought months ago in a now-troubled subsidy program.
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Banks make lower provisions for bad debts to buoy profits Loan-loss coverage for banks has declined over the past many quarters
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Tuesday's ETF Movers: IWC, GDXJ

Forbes - 4 Mar 2014 18:59
In trading on Tuesday, the iShares Micro-Cap ETF (IWC) is outperforming other ETFs, up about 3% on the day.  Components of that ETF showing particular strength include shares of FuelCell Energy (FCEL), up about 24.9% an...
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S&P 500 Analyst Moves: PWR

Forbes - 4 Mar 2014 18:56
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Quanta Services (PWR) is now the #16 analyst pick, moving up by 1 spot.         This rank ...
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