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Market News

Location American Market News for 11 April 2014
The Justice Department is investigating whether a Citigroup unit in California failed to alert the government to suspicious banking transactions along the U.S.-Mexico border.
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For U.S. Banks, Winter Chill Lingers

Wall Street Journal - 11 Apr 2014 03:49
Ahead of the Tape: Thanks to enfeebled bond trading, low loan growth, and an uncooperative interest-rate environment, first-quarter bank results aren't likely to impress.
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Documents released Friday in conjunction with a House Energy and Commerce Committee investigation show that General Motors CEO Mary Barra received an email in 2011 regarding potential steering troubles in cars that were ...
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(Reuters) -- U.S. consumer sentiment rose in April to its highest level in nine months as both current conditions and expectations brightened, a survey released on Friday showed. The Thomson Reuters/University of Michiga...
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5 Places For Your Cash Instead Of Money Markets & Treasurys EverBank World Markets of St. Louis, Mo. recommends these alternative fixed income investments instead of U.S. money market accounts or even long term Treasury bonds that pay under 2.2% interest.
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How To Avoid the Worst Banking Abuses

Forbes - 11 Apr 2014 21:40
How To Avoid the Worst Banking Abuses It wasn't too long ago that banks would do nearly anything to get your business and worked hard to keep it.  Imagine getting a toaster for opening an account! Oh boy, those were the days.
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The market remained positive, near its December peak for three months, primarily based on hopes.
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Weekly Market Wrap: April 11, 2014

Forbes - 11 Apr 2014 21:11
The fifteenth trading week of 2014 comes to a close with US Markets sharply lower in late afternoon trading.  Big names such as JP Morgan Chase, General Motors, J.C. Penney and Advanced Micro Devices are taking a hit.
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Angie's List Getting Clobbered, Bigger Drop Suggested A change of heart among bulls could create technical headwinds for ANGI
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MCX discloses financial details to JM Financial

livemint.com - 11 Apr 2014 20:35
MCX discloses financial details to JM Financial MCX releases earnings to stock exchanges in response to information sought by FTIL's adviser JM Financial
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Fitch affirms India's rating on growth

livemint.com - 11 Apr 2014 20:17
Fitch affirms India's rating on growth Agency affirms "BBB-" rating with a stable outlook, citing higher growth than peers, a strong external position and a projected pick up in inward investments
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NSE prescribes reference, execution limits for F&O contracts The reference and execution range for futures and options contracts will be applicable from 5 May
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(Kitco News) - Gold traders will be watching a full slate of U.S. economic data closely next week now that the Federal Open Market Committee has seemingly muddied the waters on how quickly it will start hiking U.S. inte...
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Fiscal 2014 was Rite Aid's second profitable year in more than five years as the company benefited from its ongoing health and wellness transformation. Though its fiscal 2014 revenue increased only marginally, net income...
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The tightening of credit by the Chinese government to steel mills which are not performing well has limited their capacity to buy iron ore. As a result, rising iron ore inventories at ports may limit scope for growth in ...
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Who Will Be the New Market Leaders?

Forbes - 11 Apr 2014 19:41
Who Will Be the New Market Leaders? arnage in the technology and biotechnology stocks continued on Thursday as the major averages erased all of Wednesday's gains. Selling was heavy and there were some signs of panic liquidation. The ARMS Index closed at 2....
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The move comes following its acquisition of Whatsapp, the largest mobile messaging service in the world in terms of active users. As the company has allowed Whatsapp to operate independently as of now, it needs to ensure...
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With the two biggest soda consumers, the U.S. and Mexico, strengthening their resolve against widespread obesity and cutting down sugar intake, carbonated soft drink volumes for Coca-Cola might register another year-over...
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Weyerhaeuser Company (WY) declared a dividend of $0.22 per share on the Common Stock of the company, payable in cash on May 30, 2014 to holders of record of such common shares at the close of business on May 9, 2014.
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Colin Edwards announces retirement

CNN - 11 Apr 2014 19:08
MotoGP riders lead tributes to Colin Edwards after the American rider announced plans to retire at the end of 2014.
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Euro Lenders Ditch Covenants To Keep LBO Deals From Heading To US By Edith Fishta
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Tumi Holdings (TUMI) is a special-situation mid-cap stock that both growth and value investors are looking for as an alternative to the tired large-cap or momentum stocks.
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