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Market News

Location American Market News for 11 March 2014
At long last, the saga of the two men's suits retailers who just couldn't seem to get along has reached a conclusion: Men's Wearhouse has entered a $1.8 billion deal to acquire rival retailer Jos. A. Bank.
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Five Mistakes Your Company is Making in China... Right Now By Chris Deri
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Activist Investors Put Bondholders in Crossfire

Wall Street Journal - 11 Mar 2014 07:30
Activist shareholders are spooking some bondholders, and the companies they target are seizing on the fears to rebuff their attacks.
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Ukraine's banking sector has withstood the political crisis in better shape than feared, but it remains the economy's weakest link, according to Capital Economics. "Credit conditions are likely to tighten sharply over th...
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Some investors fear that more U.S. jobs could spell the end of corporate profits and recent remarkable equity rallies, noted Citigroup Inc. (NYSE:C) in a research note on Tuesday. In other words, the interests of equity ...
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SAC Renames Itself Point72

Wall Street Journal - 11 Mar 2014 21:03
SAC Capital Advisors will rebrand itself Point72 Asset Management, the latest change for the firm that pleaded guilty last year to insider trading.
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While Men's Wearhouse is finally buying its smaller rival, but it was Jos. A. Bank's game all along.
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RBI to conduct 21-day term repo auction

livemint.com - 11 Mar 2014 20:49
RBI to conduct 21-day term repo auction The term-repo auction is valued at Rs50,000 crore
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(Kitco News) - Gold prices ended the U.S. day session moderately higher Tuesday, on some more safe-haven demand that surfaced amid the simmering geopolitical situation in Ukraine. Chart-based buying was also seen as the...
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Tuesday's ETF with Unusual Volume: SLY

Forbes - 11 Mar 2014 20:02
The SPDR S&P 600 Small Cap ETF (SLY) is seeing unusually high volume in afternoon trading Tuesday, with over 122,000 shares traded versus three month average volume of about 26,000.  Shares of SLY were down about 0.6% o...
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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 Movers: ICF, XOP

Forbes - 11 Mar 2014 19:35
In trading on Tuesday, the iShares Cohen & Steers REIT ETF (ICF) is outperforming other ETFs, up about 0.8% on the day.  Components of that ETF showing particular strength include shares of Boston Properties (BXP), up a...
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In trading on Tuesday, defense shares were relative laggards, down on the day by about 3.2%.  Helping drag down the group were shares of Arotech (ARTX), off about 15.2% and shares of Astrotech (ASTC) off about 8.8% on t...
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Gold: Power and Allure, 4,500 Years of Gold Treasures from Across Britain Gold exhibition at the Goldsmiths' Hall in London
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On Tuesday, Zach Galifianakis hosted President Barack Obama as a guest on his show "Between Two Ferns," a comedy series that appears on the website Funny or Die. The show has a cult following online, and it's famous for ...
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Stat Of The Day: 81 Percent Of Of Management In The Finance Industry IsWhite The financial services sector is not a very diverse place  U.S. Governent Accountability Office
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China's powerful tech giants, Alibaba Group Holding Ltd. and Tencent Holdings Ltd (HKG:0700), will likely become more powerful in the future but in a separate sector. The two companies are among the ten that were granted...
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Jos. A. Bank Nears Deal to Be Bought by Men's Wearhouse

Wall Street Journal - 11 Mar 2014 18:18
Jos. A. Bank is nearing a deal to be bought by Men's Wearhouse for roughly $1.8 billion, in an agreement that would end a colorful takeover battle between the rival suit retailers.
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Gold rises on concern over Ukraine crisis, Chinese growth Traders expect gold to stay supported between $1,330 and $1,350 ahead of the Fed's policy meeting on 18-19 March
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XHB, EIS: Big ETF Outflows

Forbes - 11 Mar 2014 17:02
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Homebuilders ETF (XHB), where 2,700,000 units were destroyed, or a 4.0% ...
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XLF, RSXJ: Big ETF Inflows

Forbes - 11 Mar 2014 17:01
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 45,850,000 units, or a 5.8% increas...
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FMC gives commodity bourses extra time to register their warehouses FMC gives six national commodity exchanges time till 30 Sep to register their warehouses
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