Market News
DYK: Women get multiple benefits while buying property
livemint.com - 6 Mar 2014 15:50
Women pay lower stamp duty in some states, get cheaper loans
US Freezes Half-Billion Hidden By Nigeria's Former Dictator
IBTimes - 6 Mar 2014 06:21
The U.S. has frozen more than $458 million hidden in bank accounts in the Channel Islands and France by the former military dictator of Nigeria, Gen. Sani Abacha, the Department of Justice said Wednesday. The department ...
This Week In IBTimes Magazine
IBTimes - 6 Mar 2014 23:21
Here's a preview of this week's IBTimes Magazine: Chocolates For Mrs. Assad Reporter Robert Dulmers and photographer Teun Voeten set out across Syria with an audacious plan: To see if they could land an interview with em...
Which Investment Banks Made The Most Money Off Fees In 2013? [CHART]
IBTimes - 6 Mar 2014 23:21
Investment banking fees generated from advisory services, debt and equity issuance totaled $53.5 billion last year, according to Bloomberg, up almost 5 percent from 2012. The top 20 banks to have made the most money made...
Apple CEO Tim Cook, Israeli PM Benjamin Netanyahu Look To Strengthen Partnership
IBTimes - 6 Mar 2014 23:21
Israeli Prime Minister Benjamin Netanyahu was in Silicon Valley on Wednesday, where he met with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook as well as other top tech-executives in hopes of forging closer ties between his count...
Lenders Spring Up to Cater to Subprime Sector
Wall Street Journal - 6 Mar 2014 23:10
As the economic recovery continues, new entrants see an opportunity to lend at interest rates approaching 10% and sometimes much more.
Companies Rush to List Shares
Wall Street Journal - 6 Mar 2014 22:59
Companies are launching IPOs at the fastest pace in years to take advantage of booming share prices and investor demand while they last.
ECB Ready to Act
Wall Street Journal - 6 Mar 2014 21:19
European Central Bank President Mario Draghi reiterated that the central bank is ready to act if needed, but refrained from introducing new stimulus measures to help the euro-zone recovery.
Daily Dividend Report: NMFC, MITT, AE
Forbes - 6 Mar 2014 21:10
New Mountain Finance Corporation (NMFC) announced that its board of directors declared a first quarter 2014 dividend of $0.34 per share, which will be payable on March 31, 2014 to holders of record as of March 17, 2014.
Gold Retests 4-Month High Due To Dollar, Ukraine Tensions, Technicals
Forbes - 6 Mar 2014 20:28
(Kitco News) - U.S. gold futures threatened to push through the recent four-month high, boosted Thursday by a softer U.S. dollar, ongoing geopolitical tensions surrounding Ukraine and technical-chart factors.
Thursday's ETF with Unusual Volume: QCLN
Forbes - 6 Mar 2014 20:25
The First Trust NASDAQ Clean Edge Green Energy Index Fund ETF (QCLN) is seeing unusually high volume in afternoon trading Thursday, with over 289,000 shares traded versus three month average volume of about 118,000. Sh...
Merrill Lynch raises its stake in FTIL to 1.1%
livemint.com - 6 Mar 2014 19:50Thursday Sector Laggards: Agriculture & Farm Products, Cigarettes & Tobacco Stocks
Forbes - 6 Mar 2014 19:07
In trading on Thursday, agriculture & farm products shares were relative laggards, down on the day by about 3.4%. Helping drag down the group were shares of Origin Agritech (SEED), off about 12.8% and shares of Agria (...
Global stocks rise on Ukraine diplomacy, euro climbs on ECB
livemint.com - 6 Mar 2014 19:03
MSCI's world equity index up 0.6%, and the MSCI emerging market index rises 1.2%
Thursday's ETF Movers: ILF, XPH
Forbes - 6 Mar 2014 19:03
In trading on Thursday, the iShares Latin America 40 ETF (ILF) is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Companhia Paranaense de Energia...
European High-Yield Bond Volume Slows While New-Issue Yields Tighten
Forbes - 6 Mar 2014 18:17
Despite ample demand, European high-yield bond issuance slowed down in February, as 11 bonds priced totalling €3.9 billion, down from 17 bonds for €5.7 billion in January. In the year to Feb. 28 European borrowers ra...
SH, XRT: Big ETF Outflows
Forbes - 6 Mar 2014 18:03
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 S&P500 (SH), where 5,025,000 units were destroyed, or a 7.2% decr...
XLE, IGHG: Big ETF Inflows
Forbes - 6 Mar 2014 18:02
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Energy Select Sector SPDR Fund (XLE), which added 6,150,000 units, or a 6.4% increase we...
Can Tech Giants Push the QQQ Higher?
Forbes - 6 Mar 2014 17:56
The weaker-than-expected reports from ADP on employment, along with the disappointing ISM Non-Manufacturing Index, made for a mixed close as the Dow Industrials was lower, the S&P 500 was flat, and the Nasdaq 100 managed...
Vietnam Drought Triggers Coffee Headache
Wall Street Journal - 6 Mar 2014 17:48
Coffee production in Vietnam, the world's biggest producer of robusta beans, will be significantly lower than last year due to cold and dry weather in the coffee-growing region.
Thursday 3/6 Insider Buying Report: ICUI, SLRC
Forbes - 6 Mar 2014 17:45
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 ...
Icahn Fires Again In EBay Fight, Targeting Andreessen And PayPal Split
Forbes - 6 Mar 2014 17:43
Billionaire tries to return focus to PayPal split, but can't resist a few more digs at board, Andreessen.