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Market News

Location American Market News for 2 September 2015

Slumping Commodities Force Glencore to Make a Tough Trade

Wall Street Journal - 2 Sep 2015 15:19
Glencore is under fire because of its high debt levels relative to mining peers. It can free up cash in its trading business, but that raises the risk of denting its earnings power.
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Jim Rogers exits India, says one can't invest just on hope Rogers said he has sold all his India shares as he saw nothing new coming from Prime Minister Narendra Modi
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China Fears Sink Markets Again

Wall Street Journal - 2 Sep 2015 04:52
U.S. stocks plunged Tuesday amid new evidence that China's stubborn economic slowdown is damaging global commerce.
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Private-Equity Firms Explore Bids for Petco

Wall Street Journal - 2 Sep 2015 23:51
Private-equity firms are examining a possible purchase of Petco Holdings, the pet-store chain that filed to go public last month.
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Glass Lewis Opposes BofA Board Proposal

Wall Street Journal - 2 Sep 2015 23:42
Proxy advisory firm Glass Lewis & Co. is recommending shareholders vote against a board proposal by Bank of America that would let the bank's chief executive keep the title of chairman.
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Amid the recent stock market turmoil and concerns of a slowing global economy, the U.S. Federal Reserve's latest Beige Book, released Wednesday, revealed something telling. China, the world's second-largest economy, was ...
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When you consider our strong economic fundamentals, you could be excused for being surprised that a U.S. market correction happened at all. So why did it?
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AvalonBay Communities (AVB) declared a cash dividend on the Company's Common Stock for the third quarter of 2015. The Common Stock dividend is $1.25 per share and is payable October 15, 2015 to all Common Stockholders of...
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Medtronic to Provide Checkup on Covidien Deal

Wall Street Journal - 2 Sep 2015 22:22
Medtronic's earnings will provide a checkup on its $50 billion Covidien acquisition.
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Wall Street Sales Squads Sit Out Summer

Wall Street Journal - 2 Sep 2015 22:00
A deeper-than-usual August decline in bond and equity sales will leave third-quarter earnings for big banks dependent on trading results and the still-thriving M&A market.
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As unsettling as it can be to watch the Dow shed more than 500 points in consecutive trading sessions, investors should relax, take a deep breath and put things in perspective – this was not a crash, nor are we on the ...
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Gold Keeps Its Gleam Long After The Last Gold Standard Gold’s many qualities make it one of the most coveted metals in the world. Not only can it be shaped and sculpted, the yellow metal also conducts electricity, doesn’t tarnish and is biocompatible (meaning it’s not ...
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Wednesday Sector Leaders: Services, Technology & Communications Looking at the sectors faring best as of midday Wednesday, shares of Services companies are outperforming other sectors, higher by 1.5%. Within the sector, H & R Block, Inc. (NYSE: HRB) and Viacom Inc (NASD: VIAB) are tw...
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The least popular type of contribution you can make to a 401(k) plan is an after-tax contribution that is not a Roth contribution.  It's made with money you’ve already paid tax on (like Roth contributions). The contri...
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Oil Prices Move Higher in Volatile Trade

Wall Street Journal - 2 Sep 2015 20:26
Oil prices flipped to gains as volatility remains the only constant in a fast-changing market.
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The California State Teachers' Retirement System, the nation's second-largest pension fund, is considering a significant shift away from some stocks and bonds amid turbulent markets world-wide.
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Vale's Sale Of Stake In MBR Reflects Impact Of Weak Iron Ore Prices MBR is a Vale subsidiary which represents a part of the company's ownership in its Southern System of integrated iron ore production, transportation, and port shipment networks. The assets represented by MBR accounted fo...
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We have previously stated that with the prospects of the Consumer Security Software business looking slim, Symantec's revival rests in the Enterprise Security Software business. The combination of a highly dynamic and co...
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Q2 2015 U.S. Banking Review: Loan-To-Deposit Ratio The Federal Reserve's decision to keep interest rates around record lows since the economic downturn has played a crucial role in ensuring strong growth in loans for U.S. banks over recent years. But the move also led to...
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The industry's overall growth has slowed down. Bigger companies are likely to acquire budding diagnostics startups that can bring innovation and new technologies to the table, thereby making a difference. The incremental...
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Rite Aid , the third largest drugstore chain in the U.S., is the only drug store chain in the top three that still releases monthly sales data. While sales in the pharmacy industry mostly remain stable, the extra detail ...
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Welcome to quantitative tightening as $12 trillion reserves fall Deutsche Bank strategist George Saravelos predicts 2015 will mark the peak of reserve accumulation after two decades of growth
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