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Market News

Location American Market News for 21 July 2015

How Low Can Gold And Silver Go?

Forbes - 21 Jul 2015 05:21
How Low Can Gold And Silver Go? A technical analysis to determine likely price targets for gold and silver after their recent breakdown.
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Sensex drops most in 2 weeks on political logjam, results Sun Pharmaceutical Industries plunged the most on record after saying revenue will remain flat or decline as it combines a rival it bought last year
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China Stocks Turn Higher

Wall Street Journal - 21 Jul 2015 06:30
Stocks in Asia edged higher Tuesday on the tail of strong corporate earnings in the U.S. and China's stabilizing markets.
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Dagon City's Demise Casts Doubts on Myanmar

Wall Street Journal - 21 Jul 2015 23:41
Myanmar's decision to ax the $300-million Dagon City development and four others has left developers wondering if their investments are safe in the fast-growing real-estate market.
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Greek Crisis Derails Italian REIT IPOs

Wall Street Journal - 21 Jul 2015 23:40
The turbulence in Greece has crossed the Ionian Sea, foiling plans for two Italian real-estate firms preparing to list shares on the Milan stock exchange.
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Condos Left Behind in Housing Rebound

Wall Street Journal - 21 Jul 2015 23:38
Condos accounted for just 5.5% of all construction of multifamily housing in the U.S. in the first quarter, the lowest ratio on record, as demand has been hit by post-crisis rules on condo mortgages and by some consumers...
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U.S. Charges Five in Cases Connected to J.P. Morgan Hack

Wall Street Journal - 21 Jul 2015 23:36
U.S. authorities charged five individuals Tuesday in cases connected to a cyberattack on J.P. Morgan Chase & Co. last year, bringing criminal counts ranging from securities fraud to money laundering, according to people ...
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Trading Platform IEX to Apply for Exchange Status

Wall Street Journal - 21 Jul 2015 23:29
The upstart speed-trading opponent plans to submit its application to the SEC within two weeks, people familiar with the matter say.
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Hedge Funds Gear Up for Another Big Short

Wall Street Journal - 21 Jul 2015 23:28
Some money managers are looking to profit from potential trouble at some "alternative" mutual funds and bond exchange-traded funds that have boomed in popularity among individual investors.
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Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, ...
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The Google Wake-Up Call

Forbes - 21 Jul 2015 22:52
Individual investors need to measure performance relative to the NASDAQ 100. In this cycle you can't hide in American Telephone, ExxonMobil and Coca-Cola. Google's quarterly report is the wake-up call to shed dead paper ...
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GoPro Revenue Skyrockets 72% As Consumers Snap Up Cameras GoPro's revenue surged in the second quarter, helped by growing demand overseas, and providing further evidence that the wearable camera maker has captured intense consumer interest.
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Mobile Banking Struggles to Gain Traction in Indonesia

Wall Street Journal - 21 Jul 2015 22:21
Indonesia is promoting mobile banking systems to help reach the 60% of the population that doesn't have access to traditional banks--but electronic money is proving a tough sell.
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Tuesday Sector Leaders: Financial, Consumer Products In afternoon trading on Tuesday, Financial stocks are the best performing sector, losing just 0.2%. Within that group, Zions Bancorporation (NASD: ZION) and Bank of New York Mellon Corp (NYSE: BK) are two large stocks le...
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Tuesday Sector Laggards: Utilities, Industrial Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 1.1% loss. Within the sector, Public Service Enterprise Group Inc. (NYSE: PEG) and NRG ...
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United Technologies Takes the Elevator Down

Wall Street Journal - 21 Jul 2015 20:01
China cast a pall over United Technologies' second-quarter results.
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Apple Inc., the world's most valuable company, is on pace to post sharply higher earnings for its April-June quarter, which is surprising given the company typically sees its strongest growth in the fall during the launc...
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Halliburton Delivers Strong 2Q Earnings Despite Sluggish US Drilling Demand Despite the plunge in the US drilling activity, the company managed to post profits (excluding special items) of $380 million or 44 cents per share, beating the market estimate by almost 15 cents per share. While the qua...
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One of our primary concerns for this quarter's results is the impact of foreign exchange headwinds. 3M generates a little under two-thirds of its net sales from outside the U.S., making it very susceptible to foreign cur...
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The situation has turned favorable for the company with promising new drugs in the cardiovascular, oncology and infectious diseases segments. Investors are betting on the company's ability to substantially expand its mar...
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Coca-Cola Mid-Year Earnings Preview: Strong Dollar To Weigh On Results Again? The Coca-Cola Company will report its Q2 and mid-year earnings on July 22, and our focus will be on the progress the world's largest beverage maker has made through the first half of its transitional year-in particular, ...
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Will Amazon Deliver A Beat In Q2?

Forbes - 21 Jul 2015 19:52
With the company's stock rising by more than 50% during 2015, helped by positive earnings surprises during the past two quarters, market participants will be keen to track the earning results in the second quarter. We be...
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