Market News
JPMorgan To Sell $3.3 Billion Commodities Business to $100 Billion Giant Swiss Traders Mercuria
IBTimes - 19 Mar 2014 18:21
Banking powerhouse JPMorgan Chase & Co. (NYSE:JPM) has agreed to sell its commodities business to giant Swiss commodities house Mercuria Energy Group Ltd., reports the Wall Street Journal.
Budget 2014: £4.4bn wiped off insurers over annuities hit
Telegraph - 19 Mar 2014 21:48
George Osborne's radical plans for savers set to hit life insurance companies
CFTC Seeks Comment on Improving Swaps Data Stream
Wall Street Journal - 19 Mar 2014 21:36
The Commodity Futures Trading Commission is seeking public comment on ways to resolve a series of data problems that have hobbled efforts to see more clearly into the multitrillion-dollar swaps market.
Market report: Ophir slumps on dry well
Telegraph - 19 Mar 2014 21:22
Ophir Energy shares lost 14.8pc while the wider market was shaken by Budget measures
Janet Yellen Press Conference: Top 2 Things To Watch [VIDEO]
IBTimes - 19 Mar 2014 21:21
U.S. stocks were flat on Wednesday, as investors await a statement from the Federal Reserve at 2 p.m Eastern, following the Federal Open Market Committee's (FOMC) two-day policy meeting on March 18-19.
Live Blog: Fed Chair Janet Yellen Press Conference, March FOMC Meeting Decision [VIDEO]
IBTimes - 19 Mar 2014 21:21
Hello and welcome to our live coverage of the Federal Reserve's interest rate decision and the press conference that Janet Yellen, the Fed's new chief, will give a bit later in Washington, D.C.
Daily Dividend Report: STLD, RAS, ORCL, INTC, COV
Forbes - 19 Mar 2014 20:57
Steel Dynamics (STLD) declared a quarterly cash dividend of $0.1150 per common share, a five percent increase over the company's 2013 quarterly rate. The dividend is payable to shareholders of record at the close of busi...
Fed Tapers Bond Buying
Forbes - 19 Mar 2014 20:42
The Fed said that information received since the Federal Open Market Committee met in January indicates that growth in economic activity slowed during the winter months, in part reflecting adverse weather conditions. Lab...
Wednesday's ETF with Unusual Volume: JXI
Forbes - 19 Mar 2014 20:31
The iShares Global Utilities ETF (JXI) is seeing unusually high volume in afternoon trading Wednesday, with over 139,000 shares traded versus three month average volume of about 42,000. Shares of JXI were down about 0....
A Guide To South Africa's Economic Bubble And Coming Crisis
Forbes - 19 Mar 2014 20:20
A comprehensive report about South Africa's economic bubble and how it will pop.
Avoid These Investment Stumbling Blocks
Forbes - 19 Mar 2014 19:43
Do you have enough saved up to retire? Are you even on track to attempt to retire one day? Saving is part of the problem, but so is investing.
Wednesday 3/19 Insider Buying Report: ULTA, CVO
Forbes - 19 Mar 2014 19:34
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...
Stocks Edge Lower Ahead of Fed Decision
Wall Street Journal - 19 Mar 2014 19:20
U.S. stocks fell on Wednesday ahead of the Federal Reserve's monetary-policy announcement.
Marketwired to Halt Direct Feed to High-Speed Traders
Wall Street Journal - 19 Mar 2014 19:10
Marketwired, a provider of news releases such as corporate earnings and economic data, will stop providing the releases directly to high-frequency traders.
Decoding Buffett And Contrasting Carl Icahn
Forbes - 19 Mar 2014 19:03
“A bet on ever-rising U.S. prosperity is very close to a sure thing.” - Warren Buffett
Capacity constraints take toll on container volumes
livemint.com - 19 Mar 2014 18:30
Container volumes at major ports remained subdued in February
Morgan Stanley Broker, Law Clerk Charged With Insider Trading
Wall Street Journal - 19 Mar 2014 18:25
A Wall Street stockbroker and a managing clerk at a law firm face federal charges the two engaged in an insider-trading scheme that netted $5.6 million in illegal profits.
Capital goods: product firms' performance improves on exports
livemint.com - 19 Mar 2014 18:22
The growth comes after six-eight quarters as exports rise, while some credit goes to currency and base effect
S&P 500 Analyst Moves: KR
Forbes - 19 Mar 2014 17:50
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Kroger (KR) is now the #183 analyst pick, moving up by 1 spot. This rank is formed...
Dow Analyst Moves: UTX
Forbes - 19 Mar 2014 17:49
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, United Technologies (UTX) is the #2 analyst pick. United Technologies is a...
Wednesday Sector Laggards: Precious Metals, Vehicle Manufacturers
Forbes - 19 Mar 2014 17:38
In trading on Wednesday, precious metals shares were relative laggards, down on the day by about 2.1%. Helping drag down the group were shares of International Tower Hill Mines (THM), off about 8% and shares of Golden ...