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Market News

Location American Market News for 7 February 2015

Greece Could Run Out of Cash in Weeks

Wall Street Journal - 7 Feb 2015 07:24
A request by Greece to raise an extra $5 billion in short-term debt was immediately rejected by the European Central Bank. Eurozone finance ministers will meet Wednesday in the hope of moving closer to a deal.
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New York Hotel Gets Record Price From Chinese Buyer

Wall Street Journal - 7 Feb 2015 07:21
China's Sunshine Insurance Group has agreed to acquire the Baccarat Hotel in Manhattan for more than $2 million a room, a record valuation.
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The hidden risks of adopting a cosy approach to investment The headlines may be full of existential angst about the future of the eurozone, but Germany's DAX index has never been higher and the FTSE 100 is within a whisker of finally smashing through its 15-year-old glass ceilin...
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Ireland on Friday repaid a significant part of its debt to the International Monetary Fund (IMF) four years early, with a total of 3.5 billion euros ($3.9 billion), according to media reports. Friday's payment comes shor...
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Govt announces capital infusion of Rs6,990 crore in public sector banks Nine public sector banks to get capital infusion; SBI to get Rs2,970 crore in the current fiscal
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US oil workers' strike expands to BP plants with talks on hold The nine US plants on strike and the two refineries headed for a walkout together total about 13% of the country's refining capacity
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TurboTax Pauses E-Filings on Fraud Concerns

Wall Street Journal - 7 Feb 2015 03:50
The largest online tax-software company in the U.S. temporarily halted electronic filing of all state returns after more than a dozen states spotted criminal attempts to obtain refunds through its systems.
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Oil Companies in the Cross Hairs in Libya

Wall Street Journal - 7 Feb 2015 03:01
Unrest in the North African country has increasingly targeted oil companies and their assets, upending long-term investments by Western companies and driving down production.
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U.S. stocks closed lower Friday, with the Dow briefly dropping more than 100 points during the last hour of trading after Standard & Poor's downgraded Greece's credit rating with a negative outlook, reigniting concerns a...
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GE A Holding Of Latest 13F Filers

Forbes - 7 Feb 2015 00:11
At Holdings Channel, we have reviewed the latest batch of the 47 most recent 13F filings for the 12/31/2014 reporting period, and noticed that General Electric Co (NYSE: GE) was held by 26 of these funds. When hedge fund...
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