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TOKYO--J.P. Morgan Friday revised up its dollar forecasts versus the yen, citing the significant change in perception toward Japanese politics and policies by overseas investors as one factor.
12/27/12
Bank Indonesia Regulation Party Invites Foreign Entry
Stakeholders want any restrictions on foreign ownership of shares of the national banks in this country have to bite the fingers.
Bank Indonesia Regulation (PBI) No. 14 / 8/PBI/2012 of Shareholding Commercial Banks perpetuating the permissibility of foreign control of banking business in the country.
Market Close Report: NASDAQ Composite index closes at 2,985.91 down -4.25 points
Thursday's session closes with the NASDAQ Composite Index at 2,985.91. The total shares traded for the NASDAQ was over 1.32 billion. Declining stocks led advancers by 1.37 to 1 ratio.
12/12/12
Bernanke: Fed Could Unleash More QE If We Go Over The Fiscal Cliff
In his post-FOMC press conference, Fed Chairman Ben Bernankedefended his policy ofopen-ended asset purchases, dubbed QE4, and explained the benefits of their new, outcome-based guidance.
arket Close Report: NASDAQ Composite index closes at 3,013.81 down -8.49 points
Wednesday's session closes with the NASDAQ Composite Index at 3,013.81. The total shares traded for the NASDAQ was over 1.72 billion.
UPDATE: Exxon, BHP to Invest Over US$1 Billion in Australia Gas Plant
-- Exxon, BHP invest more than US$1 billion in a gas processing plant
-- Facilities will handle gas from the Kipper, Tuna, Turrum fields in the Bass Strait
-- About 250 jobs expected to be created
(Recasts the first paragraph, adds comment from Exxon and detail throughout.)
By Robb M. Stewart and David Winning
12/7/12
Wall Street Week Ahead: "Cliff" worries may drive tax selling
By Caroline Valetkevitch
NEW YORK (Reuters) - Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both winners and losers by December 31.
UPDATE: AIG Sees Sandy Claims Of $1.3 Billion, Double Travelers' Tally
--AIG estimates Sandy claims at $1.3 billion after taxes
--AIG will send $1 billion to its property-casualty operations
--AIG tally is twice the size of a Travelers estimate from Wednesday
(Adds comparison to Travelers beginning in the second paragraph.)
By Erik Holm
American International Group Inc. (AIG) said Friday it likely took a $1.3 billion hit from Sandy, the massive storm that hammered the Northeast in late October.
Morgan Stanley's New Plan for Wealthy Clients
Morgan Stanley (MS) has revamped its compensation program for brokers as part of its efforts to build its lending business and increase cross-selling by its brokers. The plan rewards brokers for pulling in assets from wealthier clients.
Market Update
4:15 pm : Equities started the day in the black following the release of November nonfarm payrolls, which revealed an addition of 146,000 jobs.
Market Close Report: NASDAQ Composite index closes at 2,978.04 down -11.23 points
Friday's session closes with the NASDAQ Composite Index at 2,978.04. The total shares traded for the NASDAQ was over 1.58 billion.
12/5/12
Selling Gold On Goldman's Call? Take A Page From George Costanza And Do The Opposite
Gold has had a lackluster year despite some pretty favorable conditions, and on Wednesday, Goldman Sachs called the end of the yellow metal’s decade-long rally.
Market Close Report: NASDAQ Composite index closes at 2,973.70 down -22.99 point
Wednesday's session closes with the NASDAQ Composite Index at 2,973.70. The total shares traded for the NASDAQ was over 1.77 billion.
WSJ: US Mediators Suspend Talks Between Boeing, Engineers Union Until New Year
By Jon Ostrower
Boeing Co. and its engineers' union have accepted a recommendation from a federal mediator to suspend contract negotiations until after Jan. 1, following an impasse between the parties that have left the ongoing talks stalled.
12/4/12
Post titleNot All The Good ETF Niches Are Taken
With over 1,400ETFsand ETNs on the market today, it would appear that logical that all the good ETF ideas have been exhausted. That means new entrants to the game will be forced to copy previously existing concepts, and even if that is done with the promise of lower expense ratios, the first-to-market advantage is often too deep to overcome for many rookie ETFs.
Forex: USD/JPY higher for the session, but still flat for the week
FXstreet.com (Barcelona) - Amid a batch of data coming out of Japan today, coupled with end of month flows, USD/JPY surged in early Hong-Kong trade, blowing out all stops above 82.20, and capping right below previous weekly highs, last at 82.41, off session highs at 82.54. While PM Noda says 1% inflation target is realistic, his opponent for next Dec 16 general elections Abe says a 2% target is the minimum, and that if he's elected, won't discuss on this matter, market sources say.
Market Close Report: NASDAQ Composite index closes at 3,002.20 down -8.04 points
Monday's session closes with the NASDAQ Composite Index at 3,002.20. The total shares traded for the NASDAQ was over 1.63 billion.
11/29/12
Post titleZig Ziglar: 10 Quotes That Can Change Your Life
Zig Ziglar died today at age 86. A World War II veteran, Zig Ziglar became the top sales person in several organizations before striking out on his own as a motivational speaker and trainer.
Post tIt's Time to Buy This Once Overvalued Stock
They say timing is everything, particularly when it comes to stockinvestment . I don't disagree. That's why I recommended caution with most of the major super-discount retail stocksback in April-- it just wasn't the right time to take on a new position in any of those stocks.
Market Close Report: NASDAQ Composite Index closes above 3000; up 20.25 points at 3,012.03 Read more: http://community.nasdaq.com
Thursday's session closes with the NASDAQ Composite Index up above 3000 points. The index first reached the 3000 mark on Nov 3, 1999. The total shares traded for the NASDAQ was over 1.73 billion.
11/27/12
Post tiExecutives' Good Luck in Trading Own Stocktle
By SUSAN PULLIAM and ROB BARRY
A timely share sale by two insiders at retailer Body Central Corp. BODY -1.44% this spring spared them a nearly $1.4 million drop in the value of their holdings in the chain. Founder Jerrold Rosenbaum and chief merchandising officer Beth Angelo, his daughter, sold a combined $2.9 million of Body Central stock on May 1, May 2 and May 3. Later on May 3, after the market close, the company cut its 2012 earnings estimate. The next trading day, the stock plunged 48.5%.
Market Close Report: NASDAQ Composite index closes at 2,967.79 down -8.99 points
Tuesday's session closes with the NASDAQ Composite Index at 2,967.79. The total shares traded for the NASDAQ was over 1.7 billion. Declining stocks led advancers by 1.23 to 1 ratio.
11/26/12
What You Actually Need To Know About The Changes Facebook Is Making To Its Privacy PolicyPost title
Many Facebook users are frantically posting a “copyright protection notice” on their Walls to try to keep Facebook from violating their privacy by copying, disseminating, sharing, leaking, licking, scratching, biting, or clawing the contents of their Facebook accounts. It’s complete legal mumbo jumbo that’s not
Market Close Report: NASDAQ Composite index closes at 2,976.78 up 9.93 points
Monday's session closes with the NASDAQ Composite Index at 2,976.78. The total shares traded for the NASDAQ was over 1.6 billion.
11/23/12
Wall Street Week Ahead: Political wrangling to pinch market's nervesPost title
By Rodrigo Campos
NEW YORK (Reuters) - Volatility is the name of this game.
With the S&P 500 above 1,400 following five days of gains, traders will be hard pressed not to cash in on the advance at the first sign of trouble during negotiations over tax hikes and spending cuts that resume next week in Washington.
Protests greet shoppers at Wal-Marts nationwide
PORTLAND, Ore. (AP) — Wal-Mart workers and supporters marched in protest at stores nationwide Thursday and Friday, blasting the wages, benefits and treatment of employees at the world's largest retailer.
Volatility ETFs: Three Factors Investors Must Know - ETF News And Commentary Read more: http://community.nasdaq.com/News/2012-11/volatility-etfs-three-factors-investors-must-know-etf-news-and-commentary.aspx?storyid=191224#ixzz2D6xmH6rW
Tagged as the 'Investor Fear Gauge', the CBOE Volatility index or 'VIX' has become one of the most popular market barometers across the globe. Unlike other indexes which measure the performance or health of a particular asset class such as equities, bonds and currencies, the CBOE VIX measures theexpected volatilitythat the equity market (i.e. S&P 500) is going to witness in the next 30 days.
Market Close Report: NASDAQ Composite index closes at 2,966.85 up 40.30 points Read more: http://community.nasdaq.com/News/2012-11/market-close-report-nasdaq-composite-index-closes-at-296685-up-4030-points.aspx?storyid=192572#ixzz2D6xGr5gu
Friday's session closes with the NASDAQ Composite Index at 2,966.85. The total shares traded for the NASDAQ was over 0.78 billion.
11/21/12
The 10 Worst Communication Mistakes For Your Career
“How do you signal to the world you’re leadership material?” asks Sylvia Ann Hewlett, an economist and the founding president of the Center for Talent Innovation (CTI) in New York. “You don’t get a shot at being a leader unless you signal right.”
Post titlWhy Walmart Is Not Evil For Opening On Thanksgiving, Give It A Breake
Who died and made you the authority on business principles? This was my response in a recent discussion with a family member in discussing the state of retail giant Walmart. It seems although I have no personal interest in the company, I continue to come to its defense. As far as I’m concerned, the company has become too easy of a target.
Post titleAmerica, Be Thankful: Bernanke Critics' Prophecies Of Inflation Have Been Dead Wrong
Going through some newspaper clippings the other day, I ran across an opinion piece in the Wall Street Journal titled, “Get Ready for Inflation and Higher Interest Rates.” The fourth paragraph is quoted below:
Post titleMarket Close Report: NASDAQ Composite index closes at 2,926.55 up 9.87 points Read more: http://community.nasdaq.com/News/2012-11/market-close-report-nasdaq-composite-index-closes-at-292655-up-987-points.aspx?storyid=192086#ixzz2CvLU2nTy
Wednesday's session closes with the NASDAQ Composite Index at 2,926.55. The total shares traded for the NASDAQ was over 1.4 billion.
State Street Plans Fund-Management Joint Venture in China
SHANGHAI--State Street Corp. (STT) plans to set up a fund-management company in China by establishing a joint venture with a Chinese trust firm, the Chinese company's parent firm said Thursday.
11/8/12
Facebook's Sandberg Sells More Company Stock
By John Letzing
Top Facebook Inc. (FB) executive and board member Sheryl Sandberg has unloaded another portion of her stock in the social-media company as restrictions on insider sales lapse, according to a regulatory filing Thursday.
10/29/12
Investors Looking Statements Stock Issuer
JAKARTA - The Composite Stock Price Index (CSPI) will be re-tested strength, Tuesday (10/30/2012), having dropped the previous trade. Investors and market participants still waiting for the report of the issuer's financial performance in the domestic market.
10/26/12
Gold Stocks Remain Undervalued ( 2 )
While it is premature to identify the final stages of the bull market in precious metals, the circumstances for such a scenario are certainly present. Central banks have publicly declared their intention of creating unlimited amounts of liquidity for as long as is necessary to overcome the deflationary effects of the Great Recession of 2008-09. Chairman Ben Bernanke of the U.S. Federal Reserve has confirmed that short-term interest rates will not rise until 2015, if then.
Gold Stocks Remain Undervalued ( 1 )
By Gavin Graham
The price of bullion has been rising but gold mining stocks have been lagging the price of the metal badly. Major gold miners such as Barrick Gold(ABX), Newmont Mining (NEM), and my recommendation Goldcorp (GG) are all down for the year.
U.S. Economy Grew 2%, Wall Street Still Flat
NEW YORK - The stock market ended flat Wall Street trading closed last weekend after its mixed performance of listed companies. The positive sentiment came from economic growth the United States (U.S.), which rose slightly higher than predicted.
Market Close Report: NASDAQ Composite index closes at 2,987.95 up 1.83 points Read more: http://community.nasdaq.com/News/2012-10/market-close-report-nasdaq-composite-index-closes-at-298795-up-183-points.aspx?storyid=185030#ixzz2AT0pnMaX
Friday's session closes with the NASDAQ Composite Index at 2,987.95.
The total shares traded for the NASDAQ was over 1.8 billion shares traded.
The total shares traded for the NASDAQ was over 1.8 billion shares traded.
10/24/12
JPMorgan's Series J Capital Securities Crosses Above 7% Yield Territory
In trading on Wednesday, shares of JPMorgan Chase & Co.’s 7.00% Capital Securities, Series J (NYSE: JPM.PRJ) were yielding above the 7% mark based on
Wow, Facebook Is Already Making $3 Million A Day On Mobile AdsPost title
“I want to dispel this myth thatFacebook can’t make money on mobile,” Mark Zuckerberg said on Facebook’s second earnings call, covering the third quarter of 2012, Tuesday afternoon.
Facebook's IPO Pop Is Finally Here Five Months Later
A hot tech company defined by its founder and losing money releases some financial figures that suggest it can seize upon a massive emerging shift in consumer behavior, sending its stock up by more than 20% in a single day.
With Bernanke On The Tight Rope, FOMC Will Expand QE3 In December
Central bankers have been flying under the radar ever since the ECB’s Mario Draghioffered Spain and Italy open-ended bond purchases and Fed Chairman Ben Bernankeunveiled a third round of quantitative easing.
10/17/12
Report: Japan One Trillion Dollar Stimulus Plan
Tokyo (AFP / Reuters) - Japan's prime minister on Wednesday, would instruct his ministers to plan an economic stimulus to 1.0 trillion yen (12.7 billion dollars), according to the report, in line with the approach of elections.
2013: Let The Oil Carnage Begin ( 2 )
But rather than despairing about a high price environment, the U.S. should turn it into an advantage. The first move is outlining to Americans that there is no reason why gasoline prices should always cost less than $4 a gallon, especially when Washington is trying to pursue broader foreign policy goals in the Middle East. Get that straight, and the second, associated move, once prices rise above $120/b, is to make very clear that under no circumstance will the Strategic Reserve be used on a hard pressed Iran.
2013: Let The Oil Carnage Begin ( 1)
It won’t come as a shock to seasoned oil watchers that Goldman
Sachs remains bullish on oil. Contrary to conventional opinion that
international prices will fall to $80-90/b into 2013, the investment
bank sees things differently. $130/b here we come in for a tumultuous
2013. In itself, that’s hardly newsworthy stuff, but what makes
Goldman’s call far more interesting is that it’s entirely based around
exacerbation of the Iranian question.
10/15/12
Bernanke: I'm not destroying the world
WASHINGTON / TOKYO. The Federal Reserve's chairman, Ben S. Bernanke rejected the argument that the measures taken to corner the U.S. central bank (the U.S.) will have a negative impact emerging markets.
Wow, India approached the level of the inflation rate of 8%!
MUMBAI. India's inflation rate soared today. Data released by the Government of India showed that the consumer price index jumped 7.81% last month from a year earlier. This figure is higher than analyst predictions that pegged the inflation rate of 7.7%.
Stock Price Offered Adi Sarana Armada Rp 360-600 per sheet
Jakarta - PT Adi Sarana Armada, transport solution services company that is part of the Group's share price inaugural Triputra offer in the range of Rp 360 to Rp 600 per share.
10/14/12
10 Job Interview Myths Debunked
You probably get a little nervous before you go into a job interview. Even if you’ve copiously prepped, you figure the interviewer will hold all the cards. She knows everything about her company and the job you want, and she’s got a vision of the perfect employee that doesn’t exactly describe you.
