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Market News

Location American Market News for 24 July 2014

Investors Bank on Sugar Squeeze

Wall Street Journal - 24 Jul 2014 05:27
Many investors are sticking to their bullish bets on sugar, anticipating that a sharp drop in Brazilian output will curb global supply growth.
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Facebook Answers Critics With Mobile-Ad Surge

Wall Street Journal - 24 Jul 2014 05:29
Facebook reported that profit more than doubled and revenue topped estimates for the ninth straight quarter. About 62% of Facebook's ad revenue now comes from advertising on mobile devices.
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Barclays Files to Dismiss Dark-Pool Complaint

Wall Street Journal - 24 Jul 2014 17:48
Barclays moved to dismiss New York Attorney General Eric Schneiderman's complaint that the bank lied to clients about activity of high-speed traders in its dark pool.
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Singapore, Bangalore could be twin sisters in innovation, entrepreneurship: Amit Anand Jungle Ventures' founding partner Anand says India should look at public-private partnerships to make its `10,000 crore start-up fund a success
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Thursday Sector Laggards: Materials, Healthcare The worst performing sector as of midday Thursday is the Materials sector, not showing much of a gain. Within that group, Precision Castparts (NYSE: PCP) and Freeport-McMoran Copper & Gold (NYSE: FCX) are two large stock...
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Thursday Sector Leaders: Consumer Products, Services The best performing sector as of midday Thursday is the Consumer Products sector, higher by 0.6%. Within that group, Under Armour (NYSE: UA) and Dr Pepper Snapple Group (NYSE: DPS) are two of the day's stand-outs, showin...
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Mounting alarm over Portugal's Espirito Santo bank roils global markets Portugal's stock market regulator halts trading in Banco Espirito Santo (BES) after the shares fell 19%
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After Four Years Of Dodd-Frank, Bank Regulation Is Still A Guessing Game Landmark financial reform turns four, but Dodd-Frank still has a lot of work to do.
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Markets going up aren't necessarily an indication that prosperity is ahead. Here's why.
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A Hot Employer Stock Can Burn You

Wall Street Journal - 24 Jul 2014 19:47
Wealth Effect: Today's young tech tycoons should heed the meltdown of one-time highfliers such as Pets.com and Webvan.
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Backed by improving operational efficiency, Qualcomm witnessed a 40% annual and 10% sequential growth in its non-GAAP earnings per share ($1.44), which was a healthy $0.24 above the midpoint of the guidance range. Though...
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While Credit Suisse?s investment banking division churned out figures that were similar to those in the previous quarter as well as the same period last year, its cornerstone wealth management division fared relatively p...
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The U.S. based automaker is targeting growth opportunities in the small, mid-size and large vehicle segments in the regions. In addition to the new vehicles, Ford also announced that it will be bringing several vehicles ...
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Sebi tweaks investment cap for foreign portfolio investors in government securities Threshold for general investors in government securities increased from $20 billion to $25 billion
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Bubble Up: Sodastream Soars On Private Sale Talks Th upstart home soda maker may have missed its chance to sell to Coca-Cola, Pepsi, or Starbucks.
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Half Empty or Half Full?

Forbes - 24 Jul 2014 18:02
Half Empty or Half Full? Very strong earnings pushed many stocks higher again, Wednesday, though it was clearly a mixed performance as the Nasdaq 100 was up 0.62% while the NYSE Composite gained just 0.02%. The Dow Industrials closed lower while...
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Stress Hormones That Leave Marks on Trading Floors

Wall Street Journal - 24 Jul 2014 18:00
Robert M. Sapolsky takes a look at stress hormones that appear to change behavior on trading floors.
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Norway, whose government-managed investment fund is worth more than $900 billion, is considering selling its Russian-based investments, totaling as much as $8 billion, as the European Union mulls new sanctions against Ru...
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This is a breaking story - check back for updates In a dramatic move, Barclays filed a motion in court Thursday morning to dismiss charges filed against the bank by the New York attorney general last month for "dark pool...
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ACC, Ambuja Cements: costs negate benefits of higher cement prices Although both firms sold more cement at higher prices, costs, too, moved up compared with the year-ago period
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Wait for Wipro's turnaround continues

livemint.com - 24 Jul 2014 16:53
Wait for Wipro's turnaround continues Some investors may well lose patience with what seems to be a never-ending wait for the company's turnaround
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Mars Raises U.S. Chocolate Prices

Wall Street Journal - 24 Jul 2014 16:43
A unit of Mars Inc. has raised prices for U.S. chocolate products by about 7% to offset rising costs, the M&Ms and Snickers maker said.
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