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Market News

Location American Market News for 22 July 2014
Russia cancelled its first ruble bond auction in three months Tuesday after borrowing costs soared as the U.S. and the European Union consider further sanctions related to the country's involvement in the rapidly deterio...
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(Reuters) - Time Warner Inc's board moved to prevent its shareholders from calling special meetings, effectively throwing up a hurdle to any quick move to approve a potential takeover by Rupert Murdoch's Twenty-First Cen...
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Saudi Arabia to open $531 billion stock market to foreigners Saudi Arabia's cabinet authorized the Capital Market Authority to allow foreign investors to trade in Tadawul All Share Index
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According to high yield bond market guru Marty Fridson, U.S. high yield bonds have been "extremely overvalued" for nine consecutive months, the longest such streak ever, breaking the previous record of eight, from Octobe...
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Sales Weakness Tarnishes McDonald's Golden Arches

Wall Street Journal - 22 Jul 2014 04:39
Ahead of the Tape: Second-quarter results from McDonald's due Tuesday will show whether anemic sales performance has dented earnings.
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(Reuters) - Argentina asked a U.S. judge on Monday to put on hold an order requiring it to pay bondholders who did not participate in debt restructurings following the country's 2002 default, while it seeks a "global res...
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When Bigger Isn't Better for Banks

Wall Street Journal - 22 Jul 2014 03:32
Most chief executives want their companies to grow. Joseph Ficalora isn't so sure.
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Microsoft Earnings Fall Short Of Expectations As Nadella Looks To A Future In The Cloud Satya Nadella has big plans for Microsoft. Shares are up close to 23% since he took over as CEO in February but the impact of his initiative has yet to be felt in the company's earnings.
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EA Delays Battlefield Hardline But Snipes Wall Street Anyway Bad news for gamers may mean good news for investors.
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European Union leaders met Tuesday and pledged to toughen sanctions against Russia, imposing a new round of asset freezes and travel bans against high-ranking Russian government officials. The sanctions, coming five days...
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IPOs back in favour after three-year lull

livemint.com - 22 Jul 2014 20:52
IPOs back in favour after three-year lull About 14 private firms plan to raise around Rs10,000 crore through initial share sales over the next 12 months
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Connecticut Court to Revisit Protection for Whistleblowers

Wall Street Journal - 22 Jul 2014 20:48
Connecticut's highest court is set to weigh in on a case against UBS that could limit protections for whistleblowers in the state.
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Tuesday Sector Laggards: Utilities, Consumer Products The worst performing sector as of midday Tuesday is the Utilities sector, higher by 0.1%. Within that group, Entergy (NYSE: ETR) and NRG Energy (NYSE: NRG) are two large stocks that are lagging, showing a loss of 1.1% an...
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Retail, consumer firms eye markets to raise funds

livemint.com - 22 Jul 2014 20:04
Retail, consumer firms eye markets to raise funds Among firms considering an IPO are apparel maker Monte Carlo and Manpasand Beverages
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In the second quarter, we figure Southwest will likely not benefit from lower fuel costs as global crude oil prices increased sharply in June following the Iraq crisis. Nonetheless, we anticipate the carrier to post heal...
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At $3.29 billion, Q2 2014 revenues were slightly higher than the mid point of TI?s guided range, backed by double-digit growth in both analog and embedded processing segments. Earnings per share of $0.62 was near the top...
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Strong sales for the popular ready-to-drink tea brand Snapple might slightly offset the expected volume decline in the rest of Dr. Pepper?s still beverage lineup this quarter. The company could also gain from its distrib...
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We expect strong growth in electronics and general merchandise segment to continue, whereas the media segment will remain relatively slow. Additionally, web services will post stellar growth driven by new product launche...
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When the company announces its second quarter earnings, we expect revenues to grow in the low-to-mid single digits, owing to robust wireless postpaid subscriber adds, an expanding U-verse user base and its continued focu...
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'Macro' Trader Foiled by Bad Bets

Wall Street Journal - 22 Jul 2014 19:28
A former Olympic fencer who was one of the few hedge-fund managers to predict the financial crisis is floundering in more placid markets.
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Eyewear E-Tailer's Next Step Will Be Shoes In Canada By Zena Olijnyk
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Small-Cap Stocks Run Into Big Doubts

Wall Street Journal - 22 Jul 2014 19:03
The swoon in shares of small companies' shares deepened Monday, underscoring investor concern about valuations.
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