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Market News

Location American Market News for 5 December 2015

SEC to Crack Down on Derivatives

Wall Street Journal - 5 Dec 2015 03:45
U.S. securities regulators are about to crack down on the use of derivatives in certain funds sold to the public, worried some products are too precarious for retail investors.
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The central governing body of the European monetary union reportedly is on edge as it grapples with British Prime Minister David Cameron's call to reimagine the European Union as a "multicurrency union," the Financial Ti...
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The menorah is one of the most recognizable and widespread symbols of Jewish culture and tradition in the world. It predates the Star of David, and is at the center of Hanukkah, the Jewish holiday that lasts eight days -...
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The Week Ahead: Time Again To Stuff Your Stockings With Stocks? It was certainly a roller coaster week for the stock market as after dropping last Monday the S&P 500 ended over 1% higher on Tuesday. Last week I was very cautious about new buying as the ECB and jobs report in my opini...
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M&A Deal Leaks On The Decline: What's Driving The Tight-Lipped Trend There’s an old saying: “Loose lips sink ships.” Over the years, strategically leaking deal talks to the press was a tempting strategy for M&A bankers. Leaking M&A deal terms – especially if the due diligence phas...
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Media stocks remained fairly active this week, with Disney's key rival in the theme park space - Universal Studios - looking to buy another 450+ acres of land in Orlando for a possible new theme park. Time Warner's HBO h...
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Yahoo! has not been able to improve its core internet business despite numerous product refreshes and launches to boost its revenues. News has surfaced that Yahoo's board is weighing its options for its internet business...
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GameStop: A Buying Opportunity Or A Stagnant Stock? Despite the decline in net sales for the software and hardware segments, the company is fairly satisfied with the performance of its pre-owned products segment, and digital business and Technology brands segment. As a re...
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The future of banking looks bright, at least for consumers. Tech-savvy millennials are opting for online and mobile banking options over visiting local branches, which will significantly change the way banks do business.
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Week Ahead: Volatile Stocks Could Continue to Track Energy, Consumer Data Hired? Yes. But spending? After the increase in November payrolls reported on Friday, this week’s economic lineup of consumer sentiment, mortgage demand, retail sales, and other reports (see the full economic calendar ...
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Gold tops Rs26,000 mark; up Rs440 on global cues, wedding demand Gold of 99.9 and 99.5% purity spurted by Rs440 each to Rs26,000 and Rs25,850 per ten grams, respectively
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"Monster Hunt," a Chinese action-animation film and "Furious 7" pushed ticket sales in mainland China above the $6 billion mark in 2015, Chinese media reports said Friday, citing the country's film bureau. China's ticket...
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Should I buy euros now or will the pound get even stronger in 2016? The pound hasn't been this strong against the euro since 2008. Is this as good as it gets? We ask leading thinkers in the world of finance
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Divided OPEC Set to Keep Pumping

Wall Street Journal - 5 Dec 2015 01:47
OPEC ended a contentious meeting without any production cuts, leaving members to continue pumping crude at near-record levels.
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Fake Hedge-Fund Manager Convicted of Securities Fraud

Wall Street Journal - 5 Dec 2015 01:45
A Manhattan man was convicted of a brazen financial scam in which he claimed to be running a hedge fund with eye-popping returns when in fact he was a former waiter who spent his investors' money on steak dinners, jewelr...
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Manny, Moe, Jack And Carl? Icahn Wants A Piece Of The Pep Boys Sale Auto parts chain has a sale in place to Bridgestone, but Icahn wants a piece of the business and reveals a 12% stake.
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OPEC and the Oil Price: Who's in Charge Now?

Wall Street Journal - 5 Dec 2015 00:07
OPEC gave up on trying to halt the slide in oil prices Friday, leaving the task to supply and demand as Iran prepares to ramp up production.
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