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Market News

Location American Market News for 30 May 2015

Death Shakes Up AmEx Succession Plans

Wall Street Journal - 30 May 2015 00:27
The president of American Express, Edward Gilligan, who was viewed as a likely successor to CEO Kenneth Chenault, died on the way home from a business trip.
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Final Quindell short-seller cashes in its bet

Telegraph - 30 May 2015 20:00
Final Quindell short-seller cashes in its bet Roble's exit means Quindell is no longer the subject of major bets against its share price
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CHICAGO -- In any business, personal relationships often are the key. In the marijuana business, that could be even truer, especially when it comes to banking needs.
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Asia a Magnet for Metal Traders

Wall Street Journal - 30 May 2015 02:26
Global commodities traders are seeking new places in Asia to store billions of dollars-worth of metals to drive down costs--which also helps reduce scrutiny of their market position.
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The Week Ahead: A Summer Swoon or a Buying Opportunity? It was a disappointing week for the stock market as the severity of last Tuesday's sharp drop set the tone for the whole week. The market quickly became oversold, so Wednesday's strong rebound was not too surprising. The...
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Humana Deal Eyed as Merger Talk Grows

Wall Street Journal - 30 May 2015 00:28
Health insurer Humana is exploring a possible sale of the company, a move that could trigger a round of mergers in an industry grappling with challenges and opportunities the federal health-care overhaul has created.
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