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Market News

Location American Market News for 28 March 2014
Demand for gold in China, which broke consumer records in 2013, could reach new heights in 2014, according to some analysts.
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(Reuters) - Wal-Mart Stores Inc this week sued Visa Inc for $5 billion, accusing the credit and debit card network of excessively high card swipe fees, several months after the retailer opted out of a class action settle...
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The latest season of "Real Housewives of Atlanta" will soon end. But fans may be in for a rowdy "RHOA" reunion before the show goes on hiatus. According to Radar Online, during the reunion show taping on Thursday, Porsha...
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(Reuters) - Wal-Mart Stores Inc. this week sued Visa Inc. for $5 billion, accusing the credit and debit card network of excessively high card swipe fees, several months after the retailer opted out of a class action sett...
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Weekly Market Wrap: March 28, 2014

Forbes - 28 Mar 2014 21:05
The thirteenth trading week of 2014 comes to a close as Friday morning's gains have been partially erased, though the market is still in positive territory as we head into the last hour of trading.
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Martin Lipton Names Some Activists He Respects

Wall Street Journal - 28 Mar 2014 21:00
Veteran deal lawyer Martin Lipton said some shareholder activism should be "encouraged" even while he maintained his long-standing arguments that activists harm the economy.
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We think that the deal would allow SunPower to take a small, but significant step into the burgeoning Chinese utility scale solar market, which has so far eluded most large Western solar companies. This deal would also s...
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The company result was in line with our expectation as the outsourcing revenue grew 5% year over year in constant currency to $3.43 billion, while the consulting business revenues were flat at $3.69 billion. Furthermore,...
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The main reason why HP is entering the 3D printer market now is because a host of core patents such as apparatus for producing parts by selective sintering have either expired or are expiring within a year. As a result, ...
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As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at two noteworthy recent insider buys.
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Oxford Industries (OXM) declared a cash dividend of $0.21 per share payable on May 2, 2014 to shareholders of record as of the close of business on April 17, 2014. This represents a 17% increase from the dividend paid in...
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Fernandes: "One day" Caterham could win

CNN - 28 Mar 2014 19:32
Malaysian businessman Tony Fernandes talks about the progression of his team and expectations for the 2014 season.
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Friday's ETF with Unusual Volume: QTEC

Forbes - 28 Mar 2014 19:06
The First Trust NASDAQ-100-Technology Sector Index Fund ETF (QTEC) is seeing unusually high volume in afternoon trading Friday, with over 297,000 shares traded versus three month average volume of about 51,000.  Shares ...
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In trading on Friday, rental, leasing, & royalty shares were relative laggards, down on the day by about 1.7%.  Helping drag down the group were shares of Whiting USA Trust I (WHX), off about 22.4% and shares of Researc...
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In trading on Friday, music & electronics stores shares were relative leaders, up on the day by about 2.7%.  Leading the group were shares of Gamestop (GME), up about 6.7% and shares of hhgregg (HGG) up about 3.9% on th...
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In 2012, Republican presidential candidate Mitt Romney told a small conference of supporters about "47 percent" of Americans depend on the government and provide nothing back. "My job is not to worry about those people. ...
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Gold's 13 percent crash in April 2013, representing a sudden and steep decline of $200 per ounce over two momentous days, set the floor for gold's poor performance in 2013, which saw its worst showing since 1981. The cau...
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S&P 500 Analyst Moves: FB

Forbes - 28 Mar 2014 17:59
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Facebook (FB) is now the #14 analyst pick, moving up by 1 spot.         This rank is forme...
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(Kitco News) - Any further weakness in platinum prices may well be viewed as a buying opportunity, especially with much of the world’s mine output still sidelined by a strike in South Africa, analyst said.
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Dow Analyst Moves: GE

Forbes - 28 Mar 2014 17:47
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, General Electric (GE) is the #19 analyst pick.  Within the broader S&P 500,...
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The Hidden Game Behind Professional Poker

Wall Street Journal - 28 Mar 2014 17:02
How the poker pros bet millions on their own card hands--and each other.
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US stocks rise with Europe as industrial metals gain on China S&P 500 Index added 0.8% in New York, after the gauge closed on Thursday up less than 0.1% on the year
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