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Market News

Location American Market News for 21 May 2014
In 2013 JPMorgan Chase (NYSE:JPM) paid $20 billion in fines for various regulatory infractions and the next year it gave its CEO Jamie Dimon a raise. It was definitely not the bank's finest hour. Well, now Dimon's offere...
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HP Can't Spend Its Way to Stock Gains

Wall Street Journal - 21 May 2014 23:29
Ahead of the Tape: Hewlett-Packard investors have been mollified by free cash flow, but they have been promised "growth," which doesn't appear in the offing.
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Voters in two Oregon counties approved ballot initiatives Tuesday banning the cultivation of genetically modified crops. The ballot measures add Jackson and Josephine, neighboring counties in southwestern Oregon, to the ...
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MCX-SX special audit finds norms were breached

livemint.com - 21 May 2014 20:49
MCX-SX special audit finds norms were breached Conflicts of interest and one-sided, related-party transactions similar to those unearthed at MCX have been found
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Sebi tells Calcutta Stock Exchange to wind up by 30 May Board to meet on Thursday to weigh options
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JPMorgan Chase (JPM) declared a quarterly dividend of 40 cents per share on the outstanding shares of JPMorgan Chase's common stock. The dividend is payable on July 31, 2014, to stockholders of record at the close of bus...
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Wednesday's ETF with Unusual Volume: GWX

Forbes - 21 May 2014 19:56
The SPDR S&P International Small Cap ETF (GWX) is seeing unusually high volume in afternoon trading Wednesday, with over 1.3 million shares traded versus three month average volume of about 61,000.  Shares of GWX were u...
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Wednesday's ETF Movers: FCG, VNQ

Forbes - 21 May 2014 19:55
In trading on Wednesday, the First Trust ISE-Revere Natural Gas Index Fund ETF (FCG) is outperforming other ETFs, up about 1.4% on the day.  Components of that ETF showing particular strength include shares of Penn Virg...
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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 cash to mak...
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The bank's decision to grow in Europe in general, and in the U.K. in particular, is aimed at addressing the cross-border banking needs of large- and medium-sized U.S.-based companies, as well as those of European firms t...
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The odds are high that it was a tough quarter. Fierce competition persists from fast-fashion brands such as Zara, Forever 21 and H&M. Extreme weather conditions and low brand loyalty continue to weigh on Aeropostale's co...
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We believe that the decision by the three banks to turn down settlement offers last year was a gamble with a limited downside risk. This is because the fines proposed by the EC were based on preliminary findings, and the...
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Retaining customers and giving them a reason to come back to Groupon time and again has been one of the main challenges for the company. The company is now focusing on promoting its online market place, reducing reliance...
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In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 1%.  Leading the group were shares of Endeavor International (END), up about 11.1% and shares of Penn Virg...
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India Gold Price Slides

Wall Street Journal - 21 May 2014 18:14
Worried Indian investors are selling gold, driving prices lower and eroding prospects that any change of government policy will boost imports and underpin the metal's fragile price recovery.
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S&P 500 Analyst Moves: DOV

Forbes - 21 May 2014 17:49
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Dover Corp (DOV) is now the #114 analyst pick, moving up by 2 spots.         This rank is ...
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Takeaways from the eleventh annual strategic investment conference.
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RBI eases some gold import curbs

livemint.com - 21 May 2014 17:01
RBI eases some gold import curbs The RBI also allows banks to give gold metal loans to domestic jewellery manufacturers, out of the eligible domestic import quota of 80%
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XLP, CEMB: Big ETF Outflows

Forbes - 21 May 2014 17:01
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Consumer Staples Select Sector SPDR Fund (XLP), where 2,500,000 units were destro...
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XLK, DXJF: Big ETF Inflows

Forbes - 21 May 2014 16:59
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Technology Select Sector SPDR Fund (XLK), which added 4,450,000 units, or a 1.4% increas...
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NTPC's prospects brighten

livemint.com - 21 May 2014 16:55
NTPC's prospects brighten A clear re-rating is likely to happen only when June quarter earnings reveal the full impact of the new rules
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Syria: Memoir Of An Assad Torture Chamber

IBTimes - 21 May 2014 16:51
After Hamza died, Ahmed took the stone out of one of the few olives he was given for lunch by the prison guard and used it to scribble on the wall. "In memory of a father of three girls, who passed away in this cell. He ...
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