Market News
American Market News for 10 Dec 2014
Essel Finance to buy majority stake in VKC Credit & Forex
The Economic Times - 10 Dec 2014 00:55The finance company, which is less than a year old, has an investment banking vertical, private equity fund and provides finance to small and medium-sized companies.
De-jargoned: Participatory notes
livemint.com - 10 Dec 2014 14:51
Lohalive.com plans to list on BSE SME platform
Business Standard - 10 Dec 2014 14:26Ahmedabad-based e-commerce platform Lohalive.com is in process to get itself listed on Bombay Stock Exchange's (BSE) SME platform
Risk Management For Investors
Forbes - 10 Dec 2014 03:02
Take This Quick Financial Savvy Quiz
Forbes - 10 Dec 2014 23:28Retiring on time is no accident. It's the work of long-term thinking and careful planning, whether you go about it on your own or hire an advisor to help out. Even those who do hire advisors... would be better served to understand the mechanics of saving and investing. Think you know a
Wall Street declines as energy shares extend recent slide
The Economic Times - 10 Dec 2014 22:39The S&P 500 was posting 32 new 52-week highs and 24 lows; the Nasdaq Composite was recording 84 new highs and 67 lows.
Oil company shares fall on oversupply, weak demand
The Economic Times - 10 Dec 2014 22:08Shares of service and equipment companies that are tied to the oil industry also took a hit, such as Schlumberger Ltd., whose shares also sank more than 3%.
US-based stock funds post $2.7 billion outflows in latest week: ICI
The Economic Times - 10 Dec 2014 22:05The benchmark S&P 500 stock index, which has risen over 11 per cent this year, rose 0.1 per cent over the reporting period.
Here's Why Jack Bogle Is Wrong On Investing Abroad
Forbes - 10 Dec 2014 22:05
Wednesday Sector Leaders: Financial, Utilities
Forbes - 10 Dec 2014 21:41
Wednesday Sector Laggards: Energy, Materials
Forbes - 10 Dec 2014 21:41
Markets slide as rally fades
Telegraph - 10 Dec 2014 21:33
Retail investors buy most shares in four years
livemint.com - 10 Dec 2014 21:09
Fed Sets Tough New Capital Rule for Big Banks
Wall Street Journal - 10 Dec 2014 20:55The Federal Reserve proposed tough new capital requirements for the biggest U.S. banks. J.P. Morgan Chase would face a capital shortfall of $21 billion under the proposal.
Vale's Moatize Project Boosted By Mitsui's Equity Participation
Forbes - 10 Dec 2014 20:48The announcement of these stake sales is a part of Vale's ongoing response to poor market conditions for both iron ore and coal. The company would welcome additional equity infusions into its projects... in Mozambique, as it looks to cut back on capital spending in order to operate competitively in a subdued commodity pricing environment.
Abercrombie and Fitch's CEO Mike Jeffries To Step Down Immediately
Forbes - 10 Dec 2014 20:45Following 11 consecutive quarters of comparable sales decline, Abercrombie & Fitch‘s CEO Mike Jeffries has decided to retire. In a recent press release, the management stated that Mr. Jeffries... will step down from his positions of the CEO and a member of the board of directors effective immediately. Alongside, Arthur Martinez, the current non-executive chairman of the board has been promoted to executive chairman, and he along with office of the chairman will oversee Abercrombie’s strategies until a new CEO is appointed. The company’s shares have been up almost 10% since this announcement.
Cash Dividend On The Way From Regency Centers Series 7 Cumulative Redeemable Preferred Stock
Forbes - 10 Dec 2014 20:42
Capital Power Corp's Cumulative Rate Reset Preference Shares, Series 1 Ex-Dividend Reminder
Forbes - 10 Dec 2014 20:40
Ex-Div Reminder for Callon Petroleum Series A Cumulative Preferred Stock
Forbes - 10 Dec 2014 20:39
What's Driving Our $120 Price Estimate For Apple?
Forbes - 10 Dec 2014 20:39The stock is up by about 40% year-to-date, and the company looks set for a record holiday quarter, amid strong demand and advanced upgrade cycles for the new iPhone. We have increased our price... estimate for Apple from $110 to about $120, to account for stronger projections for iPhone ASPs and gross margins.
AltaGas Cumulative Redeemable 5-Year Rate Reset Preferred Shares, Series A Goes Ex-Dividend Soon
Forbes - 10 Dec 2014 20:37
Wednesday 12/10 Insider Buying Report: PICO, CRC
Forbes - 10 Dec 2014 20:36As 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 two noteworthy recent insider buys.
RadioShack's Q3'15 Earnings Preview: The Company Has A Long Way To Go To Turnaround Its Business
Forbes - 10 Dec 2014 20:36Although RadioShack claims to be making steady progress with its turnaround initiatives (which were implemented last year), it has failed to show any significant financial gains so far. The company is... in the process of working with its financial shareholders to make significant reductions in its cost structure in order to provide the additional liquidity and time necessary to see the effect of its turnaround strategy. Earlier this month, the company hit another roadblock when Salus Capital Partners and Cerberus Capital Management accused RadioShack on defaulting on the $250 million loan provided by them a year ago, when it secured a separate credit line in October this year.
Cash Dividend On The Way From Royal Bank of Scotland Group Non-cumulative Dollar Preference Shares, Series P
Forbes - 10 Dec 2014 20:33
Dow Jones Industrial Average Drops More Than 150 Points After OPEC Slashes Outlook
IBTimes - 10 Dec 2014 20:31U.S. stocks Wednesday extended losses for a second day of volatile trading as the Organization of the Petroleum Exporting Countries (OPEC) slashed its estimate of 2015 crude oil demand. OPEC reduced... its estimate of next year's production to 28.9 million barrels a day, or roughly 300,000 fewer barrels than previously forecast, due to the uncertainty of demand after global oil prices plunged 40 percent since June.