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Market News

Location American Market News for 17 February 2015
December quarter not so colourful for paint companies Sluggish discretionary demand and an early festival season dragged down revenue growth for paint makers
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In trading on Tuesday, precious metals shares were relative laggards, down on the day by about 2.2%.  Helping drag down the group were shares of Gold Fields (GFI), off about 7% and shares of Harmony Gold Mining Company ...
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Expanding residential footprint: Bengaluru

livemint.com - 17 Feb 2015 15:31
Expanding residential footprint: Bengaluru Jayanagar is one of the most prominent traditional residential areas in Bengaluru
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European Central Bank Decision on Emergency Assistance Looms
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U.S. financial regulators will soon announce rules that could transform the $700 trillion swaps market. The change would likely force major Wall Street banks, currently dominant in the swaps trade, to cede business to in...
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Greece Bailout Crisis 2015: 4 Things To Know

IBTimes - 17 Feb 2015 22:38
Europe's Greek drama continues to play out as Greece and eurozone finance ministers attempt to reach agreement over the country's debt program. The negotiations ended in a standoff Monday, and the lack of a consensus mea...
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FTSE 100 hits highest level in 15 years

Telegraph - 17 Feb 2015 22:14
FTSE 100 hits highest level in 15 years Britain's benchmark index now stands just 32 points from its closing record of 6,930.2, which was reached on the final trading day of 1999 at the height of the dotcom bubble
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Standard Chartered lags on capital worries

Telegraph - 17 Feb 2015 21:43
Standard Chartered lags on capital worries The Asia-focused lender was a faller as the FTSE 100 powered to its highest close in 15 years
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Tuesday Sector Laggards: Utilities, Services In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.4% loss. Within the sector, NRG Energy (NYSE: NRG) and AES (NYSE: AES) are two large stocks that are lagging, showing a loss ...
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Earnings of financial services firms more than double in Q3 A Mint analysis of eight such firms saw their aggregate net profit jump 147% in the December quarter from a year ago to Rs473.98 crore
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Bourses' profits rally on increased market activity

livemint.com - 17 Feb 2015 21:11
Bourses' profits rally on increased market activity NSE reports a net profit of Rs169.50 crore on a 21% increase in income; BSE sees profit increase 14% to Rs36.88 crore
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Repo in the times of low WPI

livemint.com - 17 Feb 2015 20:53
Repo in the times of low WPI RBI is still hesitant to declare victory in the war on inflation since it has shifted its benchmark to CPI
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Dan Loeb makes another audacious bet on Greece

Telegraph - 17 Feb 2015 20:47
Dan Loeb makes another audacious bet on Greece US billionaire, who made a $500m windfall from a bet on Greek bonds in 2012, has taken a 20pc stake in Hellas Direct, despite eurozone fears
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During the quarter, the company recorded a loss on extinguishment of debt of $824 million on an after-tax basis. Reductions in workers' compensation discount as well as adverse prior year reserve development led the comp...
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Priceline has guided to a slow to moderate pace of growth in Q4 2014, primarily because of the scenarios affecting its operation in recent times. The threat of Ebola and certain Asian disasters like the fire in Vietnam a...
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Federal regulators plan to finalize rules governing employee compensation on Wall Street, potentially concluding one of the most divisive outstanding issues in financial reform. The rules, mandated by the Dodd-Frank Act ...
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Maritime Association, which represents shipping companies, recently shut down operations at 29 U.S. West Coast ports from Thursday through Monday, excluding Friday. Such shutdowns have begun to impact Union Pacific's int...
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As 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.
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Nordstrom (JWN) approved a quarterly dividend of 37 cents per share, an increase of 12% over the previous quarter's dividend, payable on March 13, 2015 to shareholders of record at the close of business on February 27, 2...
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Stocks Still Winning With Greece In Limbo

Forbes - 17 Feb 2015 19:09
Stocks Still Winning With Greece In Limbo February’s first two weeks sure have rewarded patient investors. But an impasse in Greek debt talks may grate on some nerves and once again grab headlines away from domestic issues and earnings results. With Greece in ...
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Are Fund Managers Too Optimistic About Europe? Following the promise of monetary stimulus from the ECB last month, fund managers are overwhelmingly more bullish on Europe.
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Euro recovers, gold falls on hopes of Greek deal

livemint.com - 17 Feb 2015 18:53
Euro recovers, gold falls on hopes of Greek deal Global markets waver but Greek stocks cut their losses, oil falls below $61 barrel as other commodities weigh
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