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Market News

Location American Market News for 14 March 2014

Latest Bitcoin Craze? Actual Bank Vaults

Wall Street Journal - 14 Mar 2014 03:04
Silicon Valley startup Xapo, one of a handful of young companies trying to become the Fort Knox of the digital currency bitcoin, raised $20 million in a funding round led by venture-capital firm Benchmark Capital.
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Social Media Transform Bank-Customer Relations

Wall Street Journal - 14 Mar 2014 03:42
A recent Twitter exchange between J.P. Morgan Chase and a customer illustrates the important role social media now play in bank-customer relations.
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Pressures Over Sale to Russian Firm

Wall Street Journal - 14 Mar 2014 03:35
Russia's intervention in Ukraine signals trouble for OAO Rosneft's bid to buy Morgan Stanley's oil-trading unit, according to people involved in the deal and others familiar with the U.S. government's approval process.
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The 10 Worst Restaurant Chains for Customer Satisfaction Diners are increasingly dissatisfied with many big, national sit-down restaurant chains, and like fast-food brands better, according to the recently released 2012 American Customer Satisfaction Index. Here's a look at th...
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Market report: IMI rises above turbulent market

Telegraph - 14 Mar 2014 21:39
Market report: IMI rises above turbulent market Shares in the FTSE 100 engineer were buoyed by a broker upgrade     
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Surge in Oil From U.S., Canada Helps Meet Demand

Wall Street Journal - 14 Mar 2014 21:27
The dramatic increase in oil supply from the U.S. and Canada--coupled with a surprise surge in Iraqi output--helped stave off demand from a cold U.S. winter and nervousness about tension between Russia and Ukraine.
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FTSE 100 suffers worst week since June

Telegraph - 14 Mar 2014 21:12
FTSE 100 suffers worst week since June Worries about Ukraine and China have wiped £46.4bn off the benchmark index this week     
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Weekly Market Wrap: March 14, 2014

Forbes - 14 Mar 2014 20:48
The eleventh trading week of 2014 comes to a close with investors digesting the producer price report, and still focusing their worries on the unfolding situation in Ukraine.
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Daily Dividend Report: KYN, LHO, NYMT, SLG

Forbes - 14 Mar 2014 20:29
Kayne Anderson MLP Investment Company (KYN) declared a quarterly distribution of $0.625 per share for the quarter ended February 28, 2014. This distribution represents an increase of 2.5% from the prior quarter's distrib...
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Viktor Zubkov, the chairman of the board of Russian energy giant Gazprom, sold his entire stake in the company on February 11 for about $127,000, according to a statement filed by the company and reported by Russian medi...
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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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Most people, once they get safely past their teenage years, have a pretty concrete list of risks they don't care to take.
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Friday's ETF with Unusual Volume: XSD

Forbes - 14 Mar 2014 19:12
The SPDR S&P Semiconductor ETF (XSD) is seeing unusually high volume in afternoon trading Friday, with over 80,000 shares traded versus three month average volume of about 29,000.  Shares of XSD were up about 0.6% on th...
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Business news and markets: as it happened, Friday March 14, 2014 Markets are sliding as the threat of Russian military action in Ukraine intensifies     
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Govt switches more bonds to longer tenor

livemint.com - 14 Mar 2014 18:29
Govt switches more bonds to longer tenor RBI says the bonds were sold to a single institutional investor
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Will be all be driving F1 cars soon?

CNN - 14 Mar 2014 18:14
The big winners of this Formula One season could be road drivers rather than F1 racers, according to one former world champion.
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In trading on Friday, education & training services shares were relative laggards, down on the day by about 1%.  Helping drag down the group were shares of ITT Educational Services (ESI), off about 2.9% and shares of Ed...
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In trading on Friday, cigarettes & tobacco shares were relative leaders, up on the day by about 1.3%.  Leading the group were shares of Vector Group (VGR), up about 2% and shares of Reynolds American (RAI) up about 1.6%...
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BDC Yield Hogging

Forbes - 14 Mar 2014 17:46
Here's one way to add higher yields to your portfolio.
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FMC suspends futures trading in agri-commodities on Saturdays FMC allows evening trade in globally-linked farm items on weekdays with effect from 1 April
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Problems with U.S. railroad traffic amid a harsh winter are disrupting the flow of natural resources across the country, reports the Wall Street Journal.
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Russia's 10 richest individuals lost as much as $6.6 billion, or 4.7 percent of their combined net worth since last Monday, according to a new report published by Wealth-X, after the country's ruble-denominated MICEX ind...
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