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Market News

Location American Market News for 1 April 2014
(Reuters) - Russian natural gas producer Gazprom announced a more than 40 percent increase in the price of gas for Ukraine on Tuesday, stepping up economic pressure on Kiev in its crisis in relations with Moscow. Price r...
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MCX share sale gets complicated

livemint.com - 1 Apr 2014 17:22
MCX share sale gets complicated MCX eagerness to rope in new investors via a share sale of its own appears to be driven by a 30 April deadline given by FMC to ensure FTIL's stake in the exchange is brought down to 2%
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Pimco Fund Sees March Outflow

Wall Street Journal - 1 Apr 2014 23:40
Investors pulled $3.1 billion out of Pimco's Total Return Fund in March, marking 11 straight monthly net redemptions, according to data released by fund tracker Morningstar Inc.
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'Flash traders' investigated by FBI as book blows lid on their methods to billion-dollar profits Federal agents investigating high-frequency traders as new book reveals high-tech trading tactics they use to make huge profits     
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Market report: FirstGroup falls on Thameslink concerns Worries about the impact of the potential loss of the franchise hit the shares     
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The TJX Companies (TJX) has raised the amount of its quarterly dividend by 21% from the last dividend paid. The Board declared a regular quarterly dividend in the amount of $.175 per share, payable June 5, 2014, to share...
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Tuesday's ETF with Unusual Volume: FXU

Forbes - 1 Apr 2014 20:29
The First Trust Utilities AlphaDEX Fund ETF (FXU) is seeing unusually high volume in afternoon trading Tuesday, with over 756,000 shares traded versus three month average volume of about 58,000.  Shares of FXU were off ...
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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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Markets End First Quarter Like A Lamb But Kick Off Q2 Like A Lion U.S. equities barely finished 2014?s first quarter with gains, but expectations are high for the second quarter, leading some to believe that the bull market party is not over yet.
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Is Pandora's Price Hike Meaningful?

Forbes - 1 Apr 2014 19:46
Overall, it appears that the price hike will have moderate impact this year. Subscriber ARPU (average revenue per user) will definitely go up meaningfully next year as most subscribers migrate to the new pricing structur...
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While sales for Dr. Pepper?s packaged beverage segment decreased last year, the concentrates segment witnessed a small rise in sales. The beverage maker might look to substitute ailing soda sales by increasing consumptio...
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We estimate that TBS and TNT U.S. contribute more than 20% to Time Warner's stock value. We expect this ratings uptrend to continue, given the networks? continued focus on better content and original programming. Higher ...
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The general consensus is that the sales momentum will continue into 2014 and that the company is likely to witness further operational improvements. In addition to the Mercedes-Benz brand, the company also sells buses an...
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India reduces tariff value of gold, silver

livemint.com - 1 Apr 2014 18:33
India reduces tariff value of gold, silver Import tariff on gold reduced to $421 per 10 grams, on silver to $644 per kilogram
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FBI Investigates High-Speed Traders

Wall Street Journal - 1 Apr 2014 18:21
The FBI has launched an investigation into whether high-frequency traders are engaging in insider trading by taking advantage of fast-moving market information unavailable to other investors.
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Tuesday's ETF Movers: BBH, IDU

Forbes - 1 Apr 2014 18:08
In trading on Tuesday, the Biotech ETF (BBH) is outperforming other ETFs, up about 2.3% on the day.  Components of that ETF showing particular strength include shares of Pharmacyclics (PCYC), up about 8.5% and shares of...
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In trading on Tuesday, defense shares were relative laggards, down on the day by about 1.3%.  Helping drag down the group were shares of Arotech (ARTX), off about 9.5% and shares of Alliant Techsystems (ATK) down about ...
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In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 2.2%.  Leading the group were shares of M/I Homes (MHO), up about 5% and shares of Beazer Homes USA (BZH) up abo...
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UPL signals change in strategy, sells Brazil JV stake for `351 crore UPL's exit from Brazilian JV will have limited impact on the company's earnings
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S&P 500 Analyst Moves: VRTX

Forbes - 1 Apr 2014 17:49
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Vertex Pharmaceuticals (VRTX) is now the #71 analyst pick, moving up by 2 spots.         T...
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Dow Analyst Moves: HD

Forbes - 1 Apr 2014 17:48
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Home Depot (HD) is the #10 analyst pick.  Home Depot Inc also comes in abov...
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RBI allows foreign investors to hedge currency risk in India The central bank bars foreign  investors from investing in treasury bills, where most of the foreign money has rushed in
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