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Market News

Location American Market News for 30 January 2016
Stocks' Week Ahead Features Pharma Earnings, Capped By Jobs Report The U.S. stock market remains tethered to oil but Friday’s action offered another gentle reminder: global stock and economic moves reach U.S. shores quickly. Watch for continued attention on Asian economies and markets...
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Swiss Prosecutors Say Malaysia Funds Were Diverted

Wall Street Journal - 30 Jan 2016 04:23
Switzerland's top prosecutor said $4 billion may have been misappropriated from state-owned companies in Malaysia, a significant escalation of an investigation into transactions around government fund 1MDB.
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2 Dividend Stocks To Buy And 2 To Dump Immediately If the market’s winter of discontent has a silver lining, it’s this: dividend yields have lurched skyward, while value measures such as price-to-earnings ratios have sunk.
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The Week Ahead: What Action Should Investors Take in February? After a choppy week of trading stocks closed the week strong adding to the evidence that the upside reversal on January 21st was important. The surprising drop in bullishness the previous week (Is Bullishness Low Enough ...
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Big Bets on Japan Are Put to the Test

Wall Street Journal - 30 Jan 2016 14:15
As Japan's central bank resorts to negative rates to spur a stalling economy, fund managers who flocked to Tokyo shares over the last year say they're standing pat.
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Venezuela's del Pino to Talk With Russia About Oil Production

Wall Street Journal - 30 Jan 2016 13:23
Venezuelan oil minister Eulogio del Pino said he would travel to Russia and then to fellow OPEC members Iran and Saudi Arabia to discuss a meeting aimed at stabilizing oil prices.
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Gold recovers on global cues, jewellers buying

livemint.com - 30 Jan 2016 11:58
Gold recovers on global cues, jewellers buying Gold of 99.9% and 99.5% purity rebounded by Rs80 each to Rs27,130 and Rs26,980 per 10 grams, respectively
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Probes of Ackman and Herbalife Fizzle

Wall Street Journal - 30 Jan 2016 01:51
The investigations into allegations that Herbalife's business model is a fraud and that William Ackman and his fund manipulated the company's stock have failed to find enough evidence to support bringing criminal charges...
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Helmsley Estate Spotlights Executor-Pay Issue

Wall Street Journal - 30 Jan 2016 01:47
People writing a will or asked to serve as executor should give thought to the fees for this often arduous task. An average $30,000 for a $1 million estate?
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The Swiss attorney general's office investigating Malaysian state-owned development fund 1MDB said on Friday it suspects that about $4 billion has been misappropriated from "Malaysian state companies."
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Carl Icahn Boosts Xerox Stake As Company Decides To Split, Give Him Board Seats Carl Icahn (Trades, Portfolio) increased his shareholding of Xerox (NYSE:XRX) in January, a filing revealed Friday as the company announced increased partnership with him and major changes in line with his vision for t...
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