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U.S. RESEARCH ROUNDUP: Amazon.com, eBay, Cisco, Facebook, Medtronic
ReutersMay 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Cisco and Facebook, on Thursday. HIGHLIGHTS * Amazon.com Inc : Lazard starts with buy rating; price target $310 * EBay Inc...Tags: Media Industry, Yelp, Inc., Family Dollar Stores Incorporated, Petroleum Industry, Lowe's Companies Inc.
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CANADA RESEARCH ROUNDUP: Potash Corp, Power Corporation of Canada, B2Gold
ReutersMay 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including B2Gold and Potash Corp, on Thursday. HIGHLIGHTS * Potash Corp : Bgc Partners raises to buy from hold * B2Gold Corp : BMO starts with...Tags: Ratings, Hampton Roads Transit, Landforms, Magna International Incorporated, Imperial Metals Corporation
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SHORT MONEY MARKET FUNDS
Money Fund - ShortMoney funds with assets of $500 million or more that are available to individual investors. For period ended May 14, 2013. 7-Day 7-Day Assets Average Average Compound Fund ($Mil) Maturity Yield(%) Yield(%) AZL Money Market Fund 822.5 55 0.00 0.00 Amer...Tags: HSBC Holdings plc, ING Group, Finance, JPMorgan Chase & Co., Mutual Funds
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Eurozone recession continues
WASHINGTON — Europe's recession stretched into the first three months of the year, making it the single-currency region's longest downturn and raising concerns about its effect on the U.S. recovery. The 17-nation Eurozone economy contracted 0.2%...
Tags: Money and Monetary Policy, Labor Markets, European Central Bank, Finance, European Union
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US high-grade bond market tone subdued after Merck jumbo trade
ReutersBy John Balassi NEW YORK, May 16 (IFR) - Market tone is relatively muted early on Thursday, despite the surprisingly better-than-expected first quarter GDP print from Japan that showed that the governments new inflation policies are beginning to kick in....Tags: Gross Domestic Product, Books, Unemployment Rate, Finance, Russia
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ANALYSIS-Consumer stocks shine in emerging market profit gloom
ReutersBy Sujata Rao LONDON, May 16 (Reuters) - A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or consumer goods where margins are more robust....Tags: Consumers, HSBC Holdings plc, Emerging Market, JPMorgan Chase & Co., Auto Trends
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Analysis: Consumer stocks shine in emerging market profit gloom
ReutersLONDON (Reuters) - A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or consumer goods where margins are more robust. What is evolving is in...Tags: Consumers, HSBC Holdings plc, Emerging Market, JPMorgan Chase & Co., Auto Trends
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Tesla Motors gear shift catches out many on Wall Street
ReutersBy Stephen Lacey May 16 (IFR) - Shrieks of pain could be heard across Wall Street last night as short-sellers were hit by the market's reaction to Tesla Motors' circa US$830m equity raise. Shares of the electric car manufacturer spiked 7.6% to US$91....Tags: Banking, Elon Musk, Finance, Goldman Sachs Group, Inc., Tesla
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Bolsa de Brasil sube impulsada por acciones de sector eléctrico
ReutersPor Danielle Assalve SAO PAULO, 16 mayo (Reuters) - Las acciones brasileñas subÃan el jueves, en una sesión inestable, ya que la subida de los tÃtulos de empresas eléctricas compensaba la toma de ganancias de los papeles de las constructoras. A las...Tags: Rossi Residencial SA
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Ex-Citi CEO Pandit in tie-up with India's JM Financial
ReutersMUMBAI (Reuters) - Former Citigroup Chief Executive Vikram Pandit is buying a stake in Indian financial services company JM Financial Ltd , JM Financial said in a statement on Thursday. Pandit, who resigned from Citi last October, will also become non-...Tags: Finance, Financial and Business Services, Marketing, Citigroup Incorporated, India
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GLOBAL MARKETS-Upbeat Japan GDP brings some Asia cheer, but Nikkei misses out
Reuters* Nikkei turns negative as momentum stalls * Chinese and South Korean shares push higher * Japan's Q1 growth beats forecasts * Euro in doldrums after dour euro zone economic data By Ian Chua SYDNEY, May 16 (Reuters) - Most stock markets in Asia edged...Tags: Germany, DAX, France, Tokyo (Japan), South Korea
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As Tesla taps capital markets for cash, share price could top $100
Tesla Motors shares are trading at about $90 and could easily top $100, buoyed by its ability to tap capital markets for about $1 billion through its announced sale of stock and convertible notes. It is an impressive performance that will help the...
Tags: Media Industry, Social Media, Passenger Cars, Nissan Motor Co., Manufacturing and Engineering
May 16, 2013
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May 17, 2013
|Story| Los Angeles Times
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