Market News
Men's Wearhouse Reaches $1.8 Billion Deal To Acquire Jos. A. Bank
Forbes - 11 Mar 2014 18:58
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.
Five Mistakes Your Company is Making in China... Right Now
Forbes - 11 Mar 2014 18:54
By Chris Deri
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.
Ukraine Crisis: Banking Sector Still The Economy's Weakest Link
IBTimes - 11 Mar 2014 21:21
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...
U.S. Investors And Workers May Feel At Odds On Tapering, Earnings, Wage Growth: Citi
IBTimes - 11 Mar 2014 21:21
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 ...
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.
Men's Wearhouse Finally Snags Rival, But Jos. A. Bank Is The Real Winner
Forbes - 11 Mar 2014 20:50
While Men's Wearhouse is finally buying its smaller rival, but it was Jos. A. Bank's game all along.
RBI to conduct 21-day term repo auction
livemint.com - 11 Mar 2014 20:49Gold Up on Safe-Haven Demand, Bullish Technicals
Forbes - 11 Mar 2014 20:29
(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...
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...
Tuesday 3/11 Insider Buying Report: DWSN, SANW
Forbes - 11 Mar 2014 19:39
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 ...
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...
Tuesday Sector Laggards: Defense, Education & Training Services
Forbes - 11 Mar 2014 19:33
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...
Gold: Power and Allure, 4,500 Years of Gold Treasures from Across Britain
Forbes - 11 Mar 2014 19:30
Gold exhibition at the Goldsmiths' Hall in London
President Obama On 'Between Two Ferns' With Zach Galifianakis: Watch The Awkward Interview Here [VIDEO]
IBTimes - 11 Mar 2014 18:21
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 ...
Stat Of The Day: 81 Percent Of Of Management In The Finance Industry IsWhite
IBTimes - 11 Mar 2014 18:21China Banking Reform: 10 Private Companies Including Alibaba And Tencent Allowed To Set Up Private Banks
IBTimes - 11 Mar 2014 18:21
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...
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.
Gold rises on concern over Ukraine crisis, Chinese growth
livemint.com - 11 Mar 2014 18:02
Traders expect gold to stay supported between $1,330 and $1,350 ahead of the Fed's policy meeting on 18-19 March
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% ...
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...
FMC gives commodity bourses extra time to register their warehouses
livemint.com - 11 Mar 2014 16:54
FMC gives six national commodity exchanges time till 30 Sep to register their warehouses