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Market News

Location American Market News for 14 May 2015

Indian Prime Minister Prods Coal Monopoly

Wall Street Journal - 14 May 2015 05:00
Narendra Modi's dual coal strategy of cutting red tape and sparking competition typifies his approach to getting the cumbersome Indian economy to work better.
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Natural Gas Soars to Nearly Four-Month High

Wall Street Journal - 14 May 2015 23:13
The benchmark natural-gas price soared to a nearly four-month high, bolstered by rising demand from power generators that are pivoting away from coal.
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Asia Stock Research Star Peter Sutton Starts A Business Of His Own New Zealander Peter Sutton made a name for himself far home over the past decade in the world of Asia stock investments, particularly in Taiwan where until recently he was a consistently top-ranked head of research at CL...
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Trader Accused in 'Flash Crash' Accused Rivals of Misconduct

Wall Street Journal - 14 May 2015 00:53
Navinder Singh Sarao, the trader arrested last month on U.S. charges he manipulated futures prices and contributed to the May 2010 "flash crash," leveled claims of similar misconduct against other traders before his arre...
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U.S. stocks closed sharply higher Thursday, with the S&P 500 index hitting an all-time high, snapping three straight days of losses. All 10 sectors in the S&P 500 rallied Thursday, led by gains in the technology sector. ...
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Global Gold Demand Fell in Quarter

Wall Street Journal - 14 May 2015 23:15
Global demand for gold fell 1% in the first three months of this year, as tepid buying in key markets took some of the shine off the metal.
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Deutsche Bank Chairman on the Future of the Bank, Industry

Wall Street Journal - 14 May 2015 22:49
In an interview with The Wall Street Journal, Deutsche Bank's chairman, Paul Achleitner, speaks about the future of the industry, the bank and its management.
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Calpers to Sell Portion of Timber Holdings

Wall Street Journal - 14 May 2015 22:32
The California Public Employees' Retirement System is placing a portion of its U.S. timber holdings up for sale in the latest sign of a larger strategic re-evaluation inside the nation's largest pension fund, according t...
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Kennesaw State University student Kevin Bruce was willing to wait to see his college adviser this week, even if that meant sitting for an uncomfortably long time in the waiting room before meeting with the professor. But...
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Big banks will need to explore FinTech space: Mohit Mehrotra Deloitte Consulting's executive director on how countries like India and Indonesia are the perfect breeding grounds for FinTech firms
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Sell In May? June Swoon? Never Fear...

Forbes - 14 May 2015 21:20
One of the longstanding idiosyncrasies of stock market investing is patterns. Human beings are keen on finding them, often where they don't exist. Scientists even have a word for it: "apophenia." It means seeing connecti...
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Thursday Sector Laggards: Energy, Services

Forbes - 14 May 2015 20:45
Thursday Sector Laggards: Energy, Services The worst performing sector as of midday Thursday is the Energy sector, showing a 0.2% loss. Within the sector, Noble Corp plc (NYSE: NE) and Diamond Offshore Drilling, Inc. (NYSE: DO) are two of the day's laggards, show...
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Thursday Sector Leaders: Healthcare, Consumer Products In afternoon trading on Thursday, Healthcare stocks are the best performing sector, up 1.3%. Within that group, Boston Scientific Corp. (NYSE: BSX) and St. Jude Medical, Inc. (NYSE: STJ) are two of the day's stand-outs, ...
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Fed Rate Move Will Make Doves Cry

Wall Street Journal - 14 May 2015 20:16
The market isn't prepared for a September rate increase, and the Federal Reserve will have a hard time changing that.
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Select mid-cap, small-cap stocks fare worst in March mayhem Some stocks in BSE's small-cap and mid-cap indices took the brunt of the market correction that started in early March
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Industrial View Only Partly Cloudy

Wall Street Journal - 14 May 2015 20:13
Ahead of the Tape: Production is stronger than the headlines suggest
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Avon Said to Receive Phony Bid

Wall Street Journal - 14 May 2015 19:50
Avon hasn't received a bid from PTG Capital and is treating the purported proposal as a hoax.
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Going forward, we expect Sam?s Club?s revenue per square feet to improve gradually and reach $773 by the end of our forecast period. Growth in the warehouse industry, Sam?s Club?s strong positing in the market and a cons...
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In view of these results, we have raised our price estimate for Zynga from $2.30 to $3.04. In our view, the recent steps towards operational simplicity and efficiency could drive the company?s EBITDA margin to over-30% i...
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Q1 2015 U.S. Investment Banking Round-Up: FICC Trading Not all banks benefited equally, though, as the ones relying more heavily on spread products like mortgage-backed securities and corporate bonds had to contend with a lukewarm performance compared to the year-ago period....
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Colgate-Palmolive has managed to protect its EBITDA margin despite competitive pricing pressure and commodity cost inflation arising out of currency headwinds. Its ?Funding the Growth? cost savings program yielded suffic...
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The networking giant?s top line increase was driven by solid growth in its key businesses ? Switching, Routing, Collaboration, Data Center, Wireless and Security. The only real challenges reported by the company were low...
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