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Market News

Location American Market News for 5 April 2014

GrubHub Shares Surge in Debut

Wall Street Journal - 5 Apr 2014 05:28
Investors' appetite proved hearty for the stock-market debut of GrubHub Inc., as shares of the operator of websites and apps for ordering takeout food online rose 31%.
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Cheap Phones, Big Data And Good Business

IBTimes - 5 Apr 2014 03:31
To get access to Africa's burgeoning middle class, some of the world's biggest multinationals are offering potential customers a special incentive -- free cellular airtime in return for filling out a survey or watching a...
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Martha Stokes, chartered market technician (CMT), co-founder and chief executive officer of TechniTrader, spoke to the International Business Times about a major shift that is currently occurring in the stock market betw...
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Holcim, Lafarge in Cement-Merger Talks

Wall Street Journal - 5 Apr 2014 11:11
France's Lafarge and Holcim of Switzerland said they are in advanced merger talks to create a global cement company that would have combined annual sales of more than $41.16 billion.
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China Restricts U.S. Pig Imports

Wall Street Journal - 5 Apr 2014 03:47
China has imposed tougher restrictions for imports of live pigs from the U.S. amid concerns about a fatal swine virus.
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Loeb and Ackman Bury Herbalife Hatchet

Wall Street Journal - 5 Apr 2014 01:37
William Ackman and Daniel Loeb didn't let opposing bets on Herbalife ruin their friendship after all.
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The Week Ahead: The Stock Market Is NOT Rigged for Investors The action in the global markets last week was lost in the uproar over the high frequency trading (HFT) controversy that resulted from the new book by Michael Lewis. Though many of his past books have been good reads, I ...
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(Reuters) - U.S. stocks fell on Friday as momentum shares like Netflix and TripAdvisor sold off for a second straight session, giving the Nasdaq its biggest daily percentage loss since early February.
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