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Market News

Location American Market News for 29 June 2015

Molycorp Creditor Oaktree Scores With Savvy Move

Wall Street Journal - 29 Jun 2015 00:24
Molycorp Inc.'s bankruptcy is poised to leave credit-investing giant Oaktree Capital Group LLC unharmed while rival Apollo Global Management LLC and other junior creditors lick their wounds.
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What If Activision Puts An End To Call Of Duty Franchise? At this stage, the success and contribution of the Call of Duty franchise becomes all the more important for Activision Blizzard. The company has recently announced the release of this year's edition of Call of Duty, wit...
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Oil-Market Bettors Take Money Off Table

Wall Street Journal - 29 Jun 2015 03:05
Money managers moved out of bets on U.S. crude prices over the past two months as the volatility in the commodity's price has plummeted.
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Dow Tumbles 350 Points on Greek Debt Crisis

Wall Street Journal - 29 Jun 2015 23:06
U.S. stocks fell sharply Monday, as a worsening in Greece's debt crisis jolted global markets and pushed the country closer to an exit from the eurozone.
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Even In A Lousy Market, You're In Good Hands With Allstate When markets get expensive, investors should focus at least a portion of their portfolios on companies with stable business operations and a history of creating shareholder value. The insurance business fits this descrip...
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Stocks Bludgeoned After Latest Greek Breakdown Will the Greece-driven drop give way to another wave of buying in the rally that hasn't stopped?
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U.S. Markets Can Float in Troubled Greek Waters

Wall Street Journal - 29 Jun 2015 22:29
Trouble in Greece and China is unlikely to do much damage to the U.S., but could still alter the economic and financial landscape.
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CFTC Targets Swaps Loophole

Wall Street Journal - 29 Jun 2015 22:27
U.S. swaps regulators sought to close a legal loophole that allowed American banks to shift some of their business overseas to avoid tough U.S. rules.
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U.S. stocks closed sharply lower Monday, with the Dow Jones Industrial Average plunging 300 points after Standard & Poor's slashed Greece's credit rating -- again -- amid the country's ongoing debt turmoil. The rating ag...
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This is the defining political moment for the eurozone – is it an economic confederation or a continent nation with member states? The Greek crisis is the political corollary to the financial crisis of 2008-09. The fin...
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Barclays Names Former Dallas Fed President Fisher as Adviser

Wall Street Journal - 29 Jun 2015 21:49
Barclays on Monday named Richard Fisher, who recently retired from his post as head of the Federal Reserve Bank of Dallas, as senior adviser at the bank.
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Solar Boom Clouds Auction of Australia Power Assets

Wall Street Journal - 29 Jun 2015 21:39
Rooftop solar power is taking off in Australia, undermining the prospects for the sale of a long-term lease on part of the electricity grid in New South Wales state.
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Markets' underwhelming reaction to Greece

livemint.com - 29 Jun 2015 21:29
Markets' underwhelming reaction to Greece The shock of a likely Grexit was expected to roil markets across the world
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Top 10 'Grexit' Songs As Capital Controls Imposed: Between A Rock And Hard Place With all the talk of Greek bailouts and the possibility that the country could default on its debts to overseas creditors - the International Monetary Fund (IMF) included - and potentially exit of the euro, my thoughts t...
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Gold's Relaxed Take on Greece

Wall Street Journal - 29 Jun 2015 20:49
Gold stayed surprisingly quiet Monday despite alarms from Greece, China and Puerto Rico.
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AT&T (T) declared a quarterly dividend of $0.47 a share on the company's common shares. The dividend is payable on August 3, 2015, to stockholders of record at the close of business on July 10, 2015.
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Monday Sector Leaders: Utilities, Healthcare Looking at the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, not showing much of a loss. Within the sector, Southern Company (NYSE: SO) and American Electric Powe...
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Monday Sector Laggards: Services, Technology & Communications In afternoon trading on Monday, Services stocks are the worst performing sector, showing a 1.9% loss. Within that group, Gannett Co Inc (NYSE: GCI) and Cablevision Systems Corp. (NYSE: CVC) are two large stocks that are ...
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Monday's ETF with Unusual Volume: DHS

Forbes - 29 Jun 2015 20:11
The WisdomTree Equity Income Fund ETF (DHS) is seeing unusually high volume in afternoon trading Monday, with over 202,000 shares traded versus three month average volume of about 43,000. Shares of DHS were off about 1.1...
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When it comes to deciding what type of Solo 401(k) plan is best for your business, it is important to look at all the options the plan provides to make sure it will satisfy your retirement planning, tax, and investment g...
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Puerto Rico Urges Concessions From Creditors

Wall Street Journal - 29 Jun 2015 19:56
Puerto Rico on Monday released a report calling for concessions from the island's creditors in order to stave off a looming cash crunch and take steps toward achieving fiscal health.
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U.S. Bank Settles Litigation Tied to Peregrine

Wall Street Journal - 29 Jun 2015 19:51
U.S. Bancorp's U.S. Bank will pay Peregrine Financial Group's former customers $44.5 million to settle litigation over the bank's alleged role in the multimillion-dollar fraud that brought down the brokerage.
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