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Market News

Location American Market News for 15 May 2014
In a surprise move, France's government issued a decree that will allow it to block foreign takeovers of French companies in strategic industries such as energy, transport and telecom, Reuters reported.
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India's 10-year bond yield flat as wary traders brace for election outcome The yield ended flat at 8.78%, after earlier falling to 8.76% and again rising to 8.81% before the close
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Illegal Sports Betting Around the World

IBTimes - 15 May 2014 23:31
While football fans around the world look forward to the FIFA World Cup next month, the International Centre for Sports Security (ICSS) released a report warning governments on the threats of illegal sports betting. The ...
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Nervous Investors Pile Into Bonds

Wall Street Journal - 15 May 2014 21:36
Global bond rates dropped to their lowest levels of the year, as central bankers signaled their determination to jolt the world's largest economies out of their malaise.
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BSE, USE boards approve merger

livemint.com - 15 May 2014 21:35
BSE, USE boards approve merger While BSE is the largest shareholder in USE with a 15% stake, several banks are common shareholders in BSE and USE
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India well placed to deal with volatility: Hamish Pepper Barclays Investment Bank's currency strategist on how India is set to deal with higher US interest rates and currency volatility
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Strong Europe sales, low rubber prices benefit Apollo Tyres Apollo Tyres continues to see good demand for its products in Europe, where revenues increased by 44%
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HP (HPQ) has declared a regular cash dividend of $0.16 per share on the company's common stock. The dividend, the third in HP's fiscal year 2014, is payable on July 2, 2014, to stockholders of record as of the close of b...
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Bajaj Auto's domestic business disappoints in March quarter Decline in volume coupled with weak realization on vehicles sold in domestic market pulls down Bajaj Auto's net profit
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Thursday's ETF with Unusual Volume: QABA

Forbes - 15 May 2014 20:00
The First Trust NASDAQ ABA Community Bank Index Fund ETF (QABA) is seeing unusually high volume in afternoon trading Thursday, with over 313,000 shares traded versus three month average volume of about 36,000.  Shares o...
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We believe that the impressive trial results could help improve market sentiment in favor of Medtronic?s pacemaker products and drive sales going forward. We also expect new products such as the Advisa MRI-safe pacemaker...
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Thursday 5/15 Insider Buying Report: WFM

Forbes - 15 May 2014 19:47
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at one noteworthy recent insider buy.
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The equity market activity in Q1 2014 appears soft despite being much better than the level observed in Q1 2013 in terms of number of deals completed. The fluctuating activity level was the reason that Thomson Reuters es...
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The U.S. has the world?s second largest obesity rate of 31.8% and also a high diabetes rate. Health concerns in the country have already dragged down soda sales, and could soon catch-up to the junk foods category, conseq...
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If the deal does occur, AT&T will be able to rapidly expand TV services along with its wireless and broadband services, which could help it better bundle its products to customers. It would be banking on a "quadruple-pla...
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Dow Movers: WMT, CSCO

IBTimes - 15 May 2014 19:31
In early trading on Thursday, shares of Cisco (CSCO) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 7.3%. Year to date, Cisco registers a 9.1% gain.
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Nasdaq 100 Movers: MU, CSCO

IBTimes - 15 May 2014 19:31
In early trading on Thursday, shares of Cisco (CSCO) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 6.9%. Year to date, Cisco Systems registers a 8.7% gain.
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S&P 500 Movers: BMY, CSCO

IBTimes - 15 May 2014 19:31
In early trading on Thursday, shares of Cisco (CSCO) topped the list of the day's best performing components of the S&P 500 index, trading up 7.4%. Year to date, Cisco registers a 9.2% gain.
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Sebi may let firms raise funds via public issue, listing of convertibles U.K. Sinha says Sebi is willing to consider a separate set of listing guidelines for convertibles
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Blackstone to Buy Las Vegas Casino

Wall Street Journal - 15 May 2014 18:44
Private-equity firm Blackstone Group has agreed to pay $1.7 billion to Deutsche Bank for The Cosmopolitan of Las Vegas. The German bank spent about $4 billion to build the casino and hotel.
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In trading on Thursday, music & electronics stores shares were relative laggards, down on the day by about 5.1%.  Helping drag down the group were shares of VOXX International (VOXX), off about 24.6% and shares of Games...
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How Bear Markets Start

Forbes - 15 May 2014 18:23
How Bear Markets Start Markets are on thin ice.
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