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Market News

Location American Market News for 9 April 2014

Drop in supply may support aluminium prices

livemint.com - 9 Apr 2014 19:16
Drop in supply may support aluminium prices Falling aluminium prices in 2014 have forced aluminium companies to revise their strategies to protect profitability
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Goldman strategist sees high chance of 10% market drop Next year will be better in David Kostin's view, with a gain of 11% to 2,100 from his 2014 forecast
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Undue advantage tilts the scale

livemint.com - 9 Apr 2014 15:44
Undue advantage tilts the scale Payments for insurance marketing firms uneven
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Ignore Momentum Advice -- Buy Real Growth Stocks “They” are at it again, trying to trip up our investment plans. A deluge of articles warns that “momentum” investing (i.e., investors chasing performance) created a bubble-like environment that is now popping. Th...
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Opening the Box on Tech Stocks' Next Move

Wall Street Journal - 9 Apr 2014 21:59
Watch the IPO market for clues on whether the tech selloff is for real.
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Lindsey Graham Used The Comcast-Time Warner Senate Hearing To Replace His DirecTV Cable executives may have been surprised by the questions posed by the South Carolina senator.
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Which Corporations Pay The Highest Taxes?

Forbes - 9 Apr 2014 21:24
Which Corporations Pay The Highest Taxes? The 25 biggest tax bills go to the likes of Apple, ExxonMobil, Microsoft and General Electric.
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MCX decides not to issue preferential shares

livemint.com - 9 Apr 2014 20:54
MCX decides not to issue preferential shares Move had aroused the ire of parent FTIL, which is in the process of cutting its stake in MCX
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Why Organized Conservative Opposition To The Comcast Time Warner Deal Misfires Comcast and Time Warner seek a $45 billion merger deal. The typical "big and bad" arguments are being raised and countered.
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To counter this strengthening competition from domestic players and retain their market share, global beauty companies have been on an ?acquire-to-grow? strategy in the Chinese market. L?Oréal announced its acquisition ...
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Wednesday's ETF Movers: XBI, GDXJ

Forbes - 9 Apr 2014 19:46
In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 2.7% on the day.  Components of that ETF showing particular strength include shares of Inovio Pharmaceuticals (INO), up about...
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Although the terms of the acquisition were not disclosed, we believe that it could be beneficial to Baker Hughes as it would allow it to better cater to oil and gas companies, who have been increasingly focusing on maxim...
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The collaboration with Atmel provides Corning access to touch-based technology for consumer electronics. Combined with flexible display glass, Willow, and the capability to mold Gorilla glass into any form, Corning might...
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The increased levels, combined with the inclusion of additional assets towards the calculation of a bank?s leverage ratio, will mean that these eight banks will need to raise as much as $68 billion in fresh capital to co...
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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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In trading on Wednesday, cigarettes & tobacco shares were relative laggards, down on the day by about 0.9%.  Helping drag down the group were shares of Lorillard (LO), down about 2.9% and shares of Alliance One Internat...
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U.S. stocks opened higher on Wednesday, following stronger-than-expected earnings results from Alcoa Inc. (NYSE:AA).
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In trading on Wednesday, drugs shares were relative leaders, up on the day by about 2.7%.  Leading the group were shares of Hyperion Therapeutics (HPTX), up about 11.8% and shares of Tetralogic Pharmaceuticals (TLOG) up...
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Facebook Bulls Sniffed Rebound In The Options Call options expiring in May were the most active trades in social media giant Facebook.
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Dow Analyst Moves: MMM

Forbes - 9 Apr 2014 18:20
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, 3M (MMM) is the #21 analyst pick.  Within the broader S&P 500, when compone...
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S&P 500 Analyst Moves: R

Forbes - 9 Apr 2014 18:19
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Ryder System (R) is now the #39 analyst pick, moving up by 3 spots.         This rank is f...
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Kolte-Patil Developers: are investors building castles in the air? Investors should be cautious as no real turnaround is seen for the economy, nor are interest rates likely to come down
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