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Market News

Location American Market News for 14 May 2014
U.S. student debt rose to an unprecedented $1.1 trillion for the first quarter of 2014, the Federal Reserve Bank of New York reported Tuesday, according to the Washington Examiner. The record-breaking number came after t...
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Let's say you were in an elevator with celebrities who got into a fistfight. You taped it. Now, how do you monetize your good luck and fast reflexes?
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The Miami Heat are one victory away from advancing to their fourth straight Eastern Conference finals. On Wednesday night, they'll host the Brooklyn in Nets in Game Five with a chance to close out their second-round seri...
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New American Freedom Defense Initiative Sponsored Anti-Islam Ad Hits Public Bus In D.C A new ad calling for the defeat of "savage" jihadists is set to appear in New York City subways next week. American Freedom Defense Initiative
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Sebi planning to relaxing some norms to revive primary market Regulator plans to ease requirements on just how much of their stakes promoters will have to dilute in an IPO
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Jill Abramson Out As New York Times Executive Editor The New York Times executive editor is supposed to write headlines -- today they write themselves.
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Tech Mahindra: good volume growth in March quarter

livemint.com - 14 May 2014 21:03
Tech Mahindra: good volume growth in March quarter This is the third consecutive quarter of more than 4% sequential growth for Tech Mahindra
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Grand Theft Profits: Take-Two Swings To Loss Despite Record GTA V Sales Video game maker Take-Two Interactive had good news and bad news to deliver in their fourth quarter earnings report.
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(Kitco News) - Following Wednesday's news that the London silver fix is set for the chopping block in August, the question now is, could gold be next? CPM's Jeff Christian says "it's a possibility."
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After years of pressure from labor groups and families of Samsung factory workers who died from various cancers, the world's largest maker of smartphones apologized to the families on Wednesday. More than 100 workers hav...
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Ford Hitting On All Cylinders

Forbes - 14 May 2014 20:22
Ford Hitting On All Cylinders Shares of Ford Motor Company have been stuck in a bit of a rut for the past few years, but the stock is poised to go much higher on the strength of industry-leading innovation that will continue to drive improving core p...
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(Kitco News) - U.S. gold futures rose Wednesday on safe-haven buying on worries about the continuing crisis in Ukraine, a high U.S. inflation reading and short covering, traders said.
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Puerto Rico’s tax incentive acts are tailor-made for traders, investors, investment managers and financial institutions.
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The sale is expected to be completed in July. Completion of the sale is contingent upon Northern Star securing financing and is subject to a third party's right of refusal. The transaction is consistent with Newmont's st...
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We figure this AGM battery supply deal with SAIC Motors, which is one of the largest car manufacturers in China, will enable Johnson Controls to increase its market share in the fast-growing China start-stop battery mark...
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In our view, the depressed order volume for 747′s passenger version is reflective of the fact that currently there isn't healthy growth in the number of routes worldwide where such large aircraft can be deployed by air...
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The global debt capital markets grew to $1.57 trillion in size in Q1 2014 - slightly higher than the $1.52 trillion figure for the same period last year and 18% above the $1.33 trillion in Q4 2013. But the period was als...
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As headwinds in the carbonated soft drinks market, primarily in the developed world, continue to stall volume expansion for PepsiCo, the company expects two-thirds of its top line growth to come from its booming snacks d...
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New Artists Set Auction Records At Christie's Biggest Ever Sale An encouraging part of what was obviously a very managed sale was that 11 artists set new world auction records and these were not the usual suspects.
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Allianz Hurt by Weaker Performance at Pimco

Wall Street Journal - 14 May 2014 18:27
Allianz posted a fall in first-quarter net profit, hurt by weaker performance from its asset management business--notably U.S. fund manager Pimco.
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Trades For Believers In PIMCO's 'New Neutral' The arguments behind Pimco's 'new neutral' aren't exactly airtight.
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Editor's Note:Updating earlier story with reaction from analysts, traders.
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