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Market News

Location American Market News for 6 August 2014

The Price of Downside Protection

Forbes - 6 Aug 2014 23:17
The Price of Downside Protection Volatility is back in the markets. On July 17, following the Malaysia Airlines disaster in Ukraine and the Israeli land invasion of the Gaza Strip, the Volatility Index (VIX) of implied S&P 500 Index volatility surged 32...
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Keurig Green Mountain Shares Tick Lower As Investors Await New Brewing Systems Is Keurig Green Mountain one of the year's hottest growth stories or will it soon crash like a college student hopped up on too much caffeine?
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Fox Beats Earnings As Murdoch Turns His Back On Time Warner The 21st Century Fox-Time Warner merger looks dead. But Rupert Murdoch appears to be walking away from the table as a winner.
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Frontier-Markets Boom Prompts Warnings as Investors Pile In

Wall Street Journal - 6 Aug 2014 21:40
Adventurous investors looking for big returns are pouring billions of dollars into frontier markets, but prompting warnings from big fund managers who say the rapid gains are too far and too fast.
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We see a fundamental case in which Time Warner delivers a 20% earnings per share growth rate, with profits approaching $9 a share in 2018.
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Muscling Out Private Equity

Forbes - 6 Aug 2014 21:28
Muscling Out Private Equity By Marlene Givant Star
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Wednesday Sector Laggards: Utilities, Industrial Looking at the sectors faring worst as of midday Wednesday, shares of Utilities companies are underperforming other sectors, showing a 1.4% loss. Within that group, AGL Resources (NYSE: GAS) and American Electric Power (...
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Failed mergers result in black day for US markets

livemint.com - 6 Aug 2014 20:31
Failed mergers result in black day for US markets More than $20 billion erased from market value of Time Warner, Sprint Corp., T-Mobile US and Walgreen
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The British Treasury will review ways the City of London can steal a step on rivals trying to master the rise of virtual currencies and become the central trading hub for leading contender bitcoin, Chancellor of the Exch...
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Compared to bookings of $161 million in Q1 2014, Zynga expects the figure to increase to roughly $185 million (mid point of guidance) in the second quarter of 2014, with adjusted EBITDA of $10 million to $20 million. Thi...
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When the company releases its second quarter results, we expect its wireless business to continue to show strong growth on account of an expanding subscriber base and an improving 3G-4G mix. However, it is likely to be i...
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AIG reported net income of $3.1 billion for the quarter, a 14% year-over-year increase on the back of strong performance in the property and casualty (P&C) and life and retirement businesses. The net income also included...
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In Q4, the Nokia devices and services division contributed $1.99 billion to revenues, however, it negatively impacted operating income as it reported a loss of $692 million. Nevertheless, we believe that NDS can signific...
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Before Coke Life hits the shelves in the U.S. convenience stores in a couple of months, Coca-Cola has managed to gain from the ailing domestic CSD industry on the back of its smaller-sized offerings. The 7.5- and 16-ounc...
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After Slip-Ups, TPG Plots Comeback

Wall Street Journal - 6 Aug 2014 19:33
Private-equity firm TPG, after a few disastrous deals, is pursuing a revival based on smaller investments and a new fund, while laying the groundwork for a possible IPO.
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Bank of America approved an increase in the quarterly common stock dividend to $0.05 per share from $0.01 per share. The dividend is payable September 26 to shareholders of record as of September 5.
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Wednesday's ETF with Unusual Volume: GNR

Forbes - 6 Aug 2014 19:00
The SPDR S&P Global Natural Resources ETF (GNR) is seeing unusually high volume in afternoon trading Wednesday, with over 359,000 shares traded versus three month average volume of about 60,000.  Shares of GNR were up a...
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BATS to Settle High-Speed Trading Case

Wall Street Journal - 6 Aug 2014 18:57
BATS Global Markets is in advanced talks with regulators to settle allegations that one of its units gave unfair advantages to high-speed traders.
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Hotel Science: How Marriott & Starwood Hotels Choose Your Room Amenities Selecting hotel room amenities is an extensive process that can take months to complete.
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With LeBron James’ return to Cleveland, hopes for a championship team have skyrocketed.  Yet it often takes more time than people expect to assemble the right mix of talent and have those players gel as a championship...
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Wednesday's ETF Movers: GDX, IYZ

Forbes - 6 Aug 2014 18:01
In trading on Wednesday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 1.8% on the day.  Components of that ETF showing particular strength include shares of Aurico Gold (AUQ), up about 4.8% and shares...
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Earnings Increase Expected for Wendy's

Forbes - 6 Aug 2014 18:00
Analysts expect higher profit for Wendy's when the company reports its second quarter results on Thursday, August 7, 2014. The consensus estimate is calling for profit of nine cents a share, reflecting a rise from eight ...
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