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Market News

Location American Market News for 19 December 2015

Money-Fund Yields Should Rise Within Days

Wall Street Journal - 19 Dec 2015 05:54
It will only take days for the Federal Reserve's boost to short-term interest rates to start showing up in the yields of money-market mutual funds.
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Responsibility comes with the job of investing other people's money Cutting in and out of investments is just playing fast and loose with other people's money
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A tumultuous year, but world shares end where they began Global stock markets have taken a circuitous and volatile route to end up where they began
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One safe bet: the liberalization of China's yuan will be at the heart of another turbulent year.
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Amfi limits direct plan feeds to only Sebi-registered advisors Amfi says that any distributor who is not a Sebi-registered investment advisor should not be given details of their clients who invest through the direct plan
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Gold, silver bounce back on global cues, jewellers buying Gold bounces back to trade `155 higher at `25,530 per 10 grams at the bullion market
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Slippery Oil, High-Yield Warnings Could Challenge Stocks' 'Santa Rally' Sinking oil prices sapped what was shaping up to be sharp weekly gains for the broad stock averages early last week, leaving the major averages essentially flat when the final bell clanged. Commodities volatility isn’t...
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FTSE 100 predictions: will UK shares reverse their slide in 2016? We've revisited the stock market predictions made last year, and ask where shares are heading in 2016
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Wall Street's Biggest Junk Bond Dealer Weighs In on the Rout

Wall Street Journal - 19 Dec 2015 02:41
The executive overseeing J.P. Morgan's debt capital markets says the market for high-yield bond isn't in a bubble, even as he forecasts sizable losses across the industry in the short term.
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The Puerto Rico Electric Power Authority reached a preliminary agreement with bond insurers to restructure the utility's finances, a key step toward completing the first deal that would grant debt relief to the U.S. comm...
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Feds Investigating Consumer-Debt Expert Howard S. Dvorkin

Wall Street Journal - 19 Dec 2015 00:14
Federal authorities in Montana and Washington, D.C., are investigating Howard S. Dvorkin, a prominent advocate for consumer-debt relief, over his business ties to payday lenders that charge high rates of interest, accord...
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Court Lifts Ban on American Express Merchant Rules

Wall Street Journal - 19 Dec 2015 00:04
A federal appeals court lifted a temporary ban placed on American Express Co., allowing the company to again prohibit merchants who accept its cards from promoting other card brands.
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