Market News
Gold Market Could Suffer As S&P 500 Continues To Hit Record Highs - Analysts
Forbes - 13 May 2014 18:22
(Kitco News) - The rally in U.S. equity markets could leave investors indifferent to gold as the yellow metal remains range bound, said analysts.
Upside Surprises In Frothy Markets: Contemporary Art And The Big Board
Forbes - 13 May 2014 23:05
Maybe, I should be talking about downside surprises, as the market flirts with 1,900, but I'm not. The W formation of the S&P 500 Index, starting in 2000, then plumbing the depths of 2008 – ‘09 and the subsequent rec...
Rackspace Stock Trades In The Clouds But Analysts Warn The Party Could Slow
Forbes - 13 May 2014 22:25
Cloud-computing company Rackspace traded in the clouds on the heels of better-than-expected first quarter earnings results. But as the company celebrates its earnings beat and stock rally, more than a few analysts have i...
Govt accepts proposal to loosen rules on sale of depository receipts
livemint.com - 13 May 2014 21:46
The proposal seeks liberal regime for Indian companies to access funds from overseas markets through sale of DRs
Oil Exports Face Washington Bottleneck
Wall Street Journal - 13 May 2014 21:24
Energy Secretary Ernest Moniz's comments about "considering" U.S. oil exports don't offer real support for crude prices.
Rights Groups Slam 'Right to be Forgotten' Ruling as Censorship
IBTimes - 13 May 2014 20:31
The Court of Justice of the European Union ruled on Tuesday that in certain cases, Google and other search engines will have to remove content when requested to do so by EU citizens. While the majority of people have wel...
Russia Won't Tap Into Foreign Debt Markets: Finance Minister Anton Siluanov
IBTimes - 13 May 2014 20:31
Russia's finance minister said Tuesday that the country won't be borrowing from foreign sovereign debt markets this year, according to Bloomberg.
Weak Retail Sales Data Puts A Wrinkle On US Growth Outlook
IBTimes - 13 May 2014 20:31
(Reuters) - U.S. retail sales barely rose in April, tempering hopes of a sharp acceleration in economic growth in the second quarter.
Rebound In U.S. Dollar Index Spooks Gold Market Bulls
Forbes - 13 May 2014 20:31
(Kitco News) - Gold prices ended the U.S. day session modestly lower Tuesday. The metal got an early lift from a U.S. retail sales report that showed only tepid growth and did not meet market expectations. However, the ...
Benefits Of Using An S-Corporation For Trading
Forbes - 13 May 2014 19:44
In my last blog dated May 8, “Business Structure Dictates Tax Treatment For Professional Traders,” I recommended electing S-Corportation tax treatment for a management company or trading business. I wanted to expand ...
Chinese Carriers To Team Up Again, This Time In Mobile Gaming
Forbes - 13 May 2014 19:44
This joint effort by the carriers, following their discussions for a joint telecom infrastructure company last week, can be seen as an attempt to cater to the changing customer needs and business dynamics of the telecom ...
Toyota Motors Earnings Review: Strong Sales In Japan, Weak Yen Propel Toyota To Profitability But Outlook Cautious
Forbes - 13 May 2014 19:41
The disparity between revenue growth and income growth highlights just how much the automaker gained from the devaluation of the yen and increased sales in key markets such as North America and China. Toyota has benefite...
Forgetting Could Get Expensive For Google And Others
Forbes - 13 May 2014 19:39
Why should Google be allowed to publish or publicize by linking to information that is old or inaccurate and perhaps no longer relevant?
Prosecutors Seek Prison Sentence for SAC Employee
Wall Street Journal - 13 May 2014 19:06
Federal prosecutors are seeking a prison sentence of more than five years for Michael Steinberg, a senior employee of SAC Capital Advisors who was found guilty of insider trading.
Hopes of a stable govt improve demand for Indian overseas bonds
livemint.com - 13 May 2014 18:52
Yields on foreign currency bonds sold by Indian companies have dropped to a six-month low
Dr Reddy's goes long on research
livemint.com - 13 May 2014 18:32
Dr Reddy's Laboratories saw its research/sales ratio jump to 9.4% in FY14 from 6.6% in the earlier year
EU Court Says People Can Ask Search Engines To Remove Links With Personal Reference
IBTimes - 13 May 2014 17:31
The EU's highest court on Tuesday ruled that individuals may ask Google Inc. (NASDAQ:GOOG) to remove links to content such as news articles, court rulings and various other documents from search queries that include thei...
Ommegang Lets You Choose New 'Game Of Thrones' Beer And The Result Is Sweet Revenge
IBTimes - 13 May 2014 17:31
Happy American Craft Beer Week! It's time to celebrate craft beer -- "Game of Thrones"-style. If, for some reason, you've misplaced your Valyrian steel sword or put your dragons in daycare for the week, you can still get...
It's A Market Of Stocks: Apple Vs. Twitter And Why You Should Think Again Before Selling In May And Going Away
Forbes - 13 May 2014 17:23
Why we believe investors should not Sell in May and Go Away.
Trust But Verify: Regulators Demand Banks Verify Brokers' Background
Forbes - 13 May 2014 16:43
Readers of my blog know I am a vocal critic of the investment industry because of its lack of transparency. I’ve not only taken investment banks to task for their lack of transparency, but questioned the effectiveness ...
Asset quality improvement in public banks hides slippages, recasts
livemint.com - 13 May 2014 16:22US stocks advance; S&P 500 scales new intraday high
livemint.com - 13 May 2014 16:11
The S&P 500 climbs to a fresh intraday high of 1,902.17 despite a soft US retail sales report