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Market News

Location American Market News for 5 March 2014
U.S. stocks rose Tuesday, with the S&P 500 Index rebounding to a record after its biggest loss in a month, as concerns about a Russia-Ukraine confrontation eased. And the market recovered more than all of the previous se...
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Luis Suarez has claimed that he is committed to Liverpool, whether or not they qualify for the Champions League this season. The Uruguayan made no secret of his desire to leave the club last summer, but Liverpool steadfa...
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Supreme Court justices show little interest in overturning a key precedent behind most securities class actions.
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China is about to face its own "Bear Stearns moment," when the market started to seriously reassess subprime debt risk after the U.S. lender was bailed out in 2008. A small loss-making solar company in Shanghai warned We...
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GameStop (GME) announced that its Board of Directors approved a 20% increase of its regular annual cash dividend from $1.10 to $1.32 per share. The regular quarterly dividend of $0.33 per share will be payable on March 2...
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(Kitco News) - Nasty winter weather has played havoc on U.S. economic data, but economists expect Friday’s nonfarm payrolls report from the Bureau of Labor Statistics to show at least some rebound from weak data seen ...
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(Kitco News) - Gold prices ended the U.S. day session slightly higher Wednesday, supported by some fresh U.S. economic reports that once again favored the weak side of market expectations. Gains in gold were limited on ...
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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 cash to mak...
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Cerberus Seeks $9 Billion-Plus Deal for Safeway

Wall Street Journal - 5 Mar 2014 20:52
Private-equity firm Cerberus Capital Management LP is working to sew up a deal to buy Safeway Inc. this week, though its efforts to do so have been complicated by supermarket giant Kroger Co., according to people familia...
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Disney And Dish Ink First Of Its Kind Programming Deal; Dish To Disable AutoHop Feature Both the players are dependent on each other and a marriage eventually is the key for survival, especially for the popular networks and large pay-TV operators.
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Japan is the second largest international market for the automaker behind Canada, accounting for 10,751 unit sales in 2013. However, the company's unit sales rose only 1% year-on-year, while revenues decreased 11% in the...
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P&G Lowers Sales And Profit Guidance On Currency Translation Woes The world's leading consumer goods company expects currency translation effects to reduce all-in sales (accounting for the impact of currency movements) by 2%-3%. However, it maintained its guidance of 3%-4% growth for o...
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Wednesday's ETF with Unusual Volume: PKB

Forbes - 5 Mar 2014 20:27
The Dynamic Building & Construction Portfolio ETF (PKB) is seeing unusually high volume in afternoon trading Wednesday, with over 191,000 shares traded versus three month average volume of about 44,000.  Shares of PKB w...
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This chart throws investor sentiment behind tech and gold mining industries into sharp relief.
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Wednesday's ETF Movers: GDXJ, GXC

Forbes - 5 Mar 2014 20:18
In trading on Wednesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 2.4% on the day.  Components of that ETF showing particular strength include shares of Primero Mining (P.CA), up about 8.7...
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In trading on Wednesday, general contractors & builders shares were relative laggards, down on the day by about 1.1%.  Helping drag down the group were shares of Hovnanian Enterprises (HOV), off about 7.2% and shares of...
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In trading on Wednesday, agriculture & farm products shares were relative leaders, up on the day by about 3.9%.  Leading the group were shares of Origin Agritech (SEED), up about 11.1% and shares of Agria (GRO) up about...
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Merrill Lynch buys 235,000 shares in Financial Technologies Merrill Lynch buys FTIL shares at Rs347.76 apiece
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Ocwen Chairman Defends Business Relationships

Wall Street Journal - 5 Mar 2014 18:14
Ocwen Financial Chairman William Erbey isn't backing down from some of the strategies he's used to build the firm, despite growing criticism from regulators.
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Gold inches up after disappointing US data

livemint.com - 5 Mar 2014 18:00
Gold inches up after disappointing US data Spot gold was up 0.3% at $1,339.16 an ounce by 1542 GMT, after dropping 1.2% on Tuesday
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RWM, PSCC: Big ETF Outflows

Forbes - 5 Mar 2014 17:54
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Proshares Short Russell2000 (RWM), where 1,050,000 units were destroyed, or a 3.7...
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SCZ, RTL: Big ETF Inflows

Forbes - 5 Mar 2014 17:52
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI EAFE Small-Cap ETF (SCZ), which added 3,600,000 units, or a 5.2% increase w...
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