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Market News

Location American Market News for 19 March 2015
Chevron And Fundamentals Indicate Oil Industry Reversal Is Near Fundamental developments and Chevron's stock rise signaling oil's downtrend nearing end
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Sensex jumps 330 points on Fed statement

livemint.com - 19 Mar 2015 06:20
Sensex jumps 330 points on Fed statement All the sectoral indices were trading higher, with the BSE capital goods index being the top gainer, up 1.3%
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GoDaddy To Raise As Much As $418M In IPO

Forbes - 19 Mar 2015 15:04
GoDaddy To Raise As Much As $418M In IPO GoDaddy could raise up to $418 million in its initial public offering, according to a regulatory filing on Thursday.
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Route to an $8 Million Portfolio Started With Frugal Living

Wall Street Journal - 19 Mar 2015 23:58
Ronald Read, who died in June at 92, spent years pumping gas. His friends were shocked when they learned his estate was valued at almost $8 million.
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U.S. stocks closed mixed Thursday, with the Dow Jones Industrial Average dropping more than 100 points, after Wall Street weighed the Federal Reserve's cautious approach to interest rate hikes. Meanwhile, a stronger U.S....
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Bank of New York Mellon admitted on Thursday it misrepresented the pricing and execution of foreign exchange trades it made over a course of multiple years.
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Amid Attendance Declines, SeaWorld Names A New CEO SeaWorld named a new CEO on Thursday, in its latest move to reverse continued attendance declines following the release of negative documentary Blackfish.
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Sour Patch for Asia's Sugar Producers

Wall Street Journal - 19 Mar 2015 22:49
Life is far from sweet for some top sugar-producing nations, as a global glut combined with a collapse in the Brazilian real has crashed the international price of the sweetener to a six-year low.
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India seen as a safe haven among emerging markets: Rahul Bajoria Confidence in the outlook for India in the near-term has not changed, providing stability to markets, says the Barclays' emerging markets economist
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Pharma market is in good health

livemint.com - 19 Mar 2015 21:15
Pharma market is in good health India's drug sales rose by 19.5% in February
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A controversial Securities and Exchange Commission decision to stop allowing companies to exclude certain shareholder proposals stemmed from concern firms could abuse the SEC's process, the top U.S. securities regulator ...
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Thursday Sector Laggards: Energy, Materials

Forbes - 19 Mar 2015 20:33
Thursday Sector Laggards: Energy, Materials The worst performing sector as of midday Thursday is the Energy sector, showing a 2.1% loss. Within that group, Transocean Ltd. (NYSE: RIG) and Southwestern Energy Company (NYSE: SWN) are two of the day's laggards, showi...
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Supporters, opponents square off over proposed NSEL-FTIL merger Investor groups and brokers have released full-page ads backing the proposed merger to recover the money of nearly 13,000 NSEL investors
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With Fed hike pushed back, which way will Indian markets go? At the very least, the continuing fund flow will protect Indian equities from a downside even if a further rally will have to battle severe headwinds
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Force Motors promoters hike stake in firm to over 60% Promoters acquire 100,200 equity shares of Rs10 each from the market on 13 March
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Which 10 Gurus All Hold eBay?

Forbes - 19 Mar 2015 20:24
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 4,002 13F filings for the 12/31/2014 reporting period, and noticed that eBay Inc. (NASD: EBAY) was ...
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At Holdings Channel, we have reviewed 4,002 13F filings for the 12/31/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
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US Fed Reserve Drops 'Patient' Pledge On Interest Rates...But Hikes Coming At almost exactly this time last year US Federal Reserve chairman Janet Yellen stated that the central bank would stop using unemployment as a target to determine interest rate rises. Back then it was anticipated a hike ...
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The price of metallurgical coal is likely to decline to its six year low in the second quarter of the year as Australian coal producers have agreed to sell met coal at $109.5 per metric ton to Japanese steel mills in the...
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Applause For Starbucks' #RaceTogether From Retail Insiders Despite criticism from the media and backlash on social platforms, many of the BrainTrust of industry insiders at RetailWire applauded Starbucks' #RaceTogether campaign in an online discussion Thursday.
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China's National Energy Administration has increased its solar installation target to 17.8 GW for 2015, marking a 20% increase from the provisional installation target of 15 GW outlined in January. The new target is like...
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. Phase 3 drugs have strong probability of getting through to approval, and the deal with Merck focuses on a very promising area of immuno-oncology. Pfizer needs to boost its pipeline considering the large number of its ...
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