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Market News

Location American Market News for 9 June 2015

When Econs need a shrink

livemint.com - 9 Jun 2015 16:39
When Econs need a shrink There is a "sunk cost" in defending the world of Econs built with impossible assumptions
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Exxon to Face Regulators Over Quakes

Wall Street Journal - 9 Jun 2015 05:40
An Exxon Mobil subsidiary and another shale-oil pumper will face state regulators over North Texas energy operations in hearings to assess some oil companies' role in causing Dallas-area earthquakes.
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Foreign Property Buyers Hope for Green in Ireland

Wall Street Journal - 9 Jun 2015 23:41
Years after Ireland's cataclysmic property bust, long-term investors from beyond the Emerald Isle are buying into the revival of its capital city.
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Fiat and Mergers: Right Road, Wrong Vehicle

Wall Street Journal - 9 Jun 2015 22:55
Fiat's Sergio Marchionne is right about the need for auto-industry consolidation. That doesn't mean potential suitors like GM are lining up for his company.
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Moody's Takes Over #220 Spot From Western Digital In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Moody's Corp. (NYSE: MCO) has taken over the #220 spot from Western Digital Corp. (NASD: WDC), according to The Onl...
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Big Banks Can't Will This Risk Away

Wall Street Journal - 9 Jun 2015 22:12
Regulators face pressure to tighten the screws on the living wills of big banks.
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What India's Microloan Meltdown Taught One Entrepreneur

Wall Street Journal - 9 Jun 2015 21:55
When Indian politicians turned on the microfinance industry in 2010, Vikram Akula and his lender SKS Finance bore the brunt of the backlash. He speaks about what he learned and what's next.
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Dow Jones, S&P 500 inch higher with financial, energy shares Dow Jones rises 0.11%, S&P 500 gains 0.14%, Nasdaq falls 0.06%
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A Growing Fan Base for Buffett in China

Wall Street Journal - 9 Jun 2015 21:15
Warren Buffett has long been a fan of China, admiring its rapid growth and global influence. What is also becoming clear is that China is a big fan of his.
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Forward contracts in commodities find few takers

livemint.com - 9 Jun 2015 20:54
Forward contracts in commodities find few takers Structural issues in the product to blame, say market participants--it does not offer full trade guarantee and zero counter-party default risk
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U.S. Health Care Companies Enjoy Big Opening In India India's economy is expected to grow 7.5% in the year ahead, driven by ever-growing demand for energy, infrastructure, and technology and high-quality healthcare. I've traveled to India to see what's happening.
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Tuesday Sector Laggards: Technology & Communications, Healthcare The worst performing sector as of midday Tuesday is the Technology & Communications sector, showing a 0.3% loss. Within that group, Akamai Technologies Inc (NASD: AKAM) and Micron Technology Inc. (NASD: MU) are two large...
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Tuesday Sector Leaders: Energy, Financial

Forbes - 9 Jun 2015 20:52
Tuesday Sector Leaders: Energy, Financial The best performing sector as of midday Tuesday is the Energy sector, up 0.6%. Within the sector, EQT Corp. (NYSE: EQT) and Cimarex Energy Co (NYSE: XEC) are two of the day's stand-outs, showing a gain of 2.8% and 2.4%, ...
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Another French Defeat? Belgium Goes Ahead With Waterloo Coin

Wall Street Journal - 9 Jun 2015 20:43
Belgium is issuing a special €2.50 coin to commemorate the 200th anniversary of the Battle of Waterloo, circumventing French objections that had blocked issuance of a €2 coin.
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Global Glut Crops Up in Cotton

Wall Street Journal - 9 Jun 2015 20:36
Cotton traders are bracing for a global glut of the fiber, as supplies from the world's biggest growing regions are set to rise amid waning demand from China.
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What's ailing consumer discretionary demand?

livemint.com - 9 Jun 2015 20:11
What's ailing consumer discretionary demand? Revenue growth data for 11 consumer discretionary firms across sectors shows that net sales grew at 3.8% in the quarter ended March against a year ago
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Box Is Far From Waterproof

Wall Street Journal - 9 Jun 2015 19:57
Ahead of the Tape: After stumbling in its first earnings release, Box Inc. looks less vulnerable. But big questions remain.
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Yelp has emerged as a de-facto search engine for local businesses over the past few years. However, over the past few months, the stock has underperformed the market as it has failed to live up to the analysts? expectati...
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How Crucial Are Improving India Sales For Tata Motors? The company is looking to further revamp its model lineup and image in the domestic market, and has drawn a prospective product road-map till the end of the decade. The aggressive revamping of Tata Motors includes settin...
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The new offerings include AnyConnect featuring Cisco Advanced Malware Protection for VPN-enabled endpoints, FirePOWER Services Solutions for networks where dedicated security appliances are not feasible, and NetFlow for ...
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Apple kicked off its annual Worldwide Developer Conference on Monday, with a keynote presentation that saw the company finally introduce its long-rumored streaming music service and unveil subtle but important improvemen...
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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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