Showing posts with label 2013.. Show all posts
Showing posts with label 2013.. Show all posts

European Markets at Close Report December 18, 2013.


European stocks highest in a week; Vestas rallies

By Sara Sjolin, MarketWatch 

LONDON (MarketWatch) — European stock markets rebounded on Wednesday, partly lifted by stronger-than-expected German sentiment data and U.S. housing figures, while investors more broadly waited to see if the U.S. Federal Reserve will put off tapering until next year.

The Stoxx Europe 600 index XX:SXXP +0.86%  climbed 0.9% to close at 313.99, recovering from a 0.7% loss on Tuesday and ending at the highest level in a week.

Shares of Vestas Wind Systems SADK:VWS +5.30%   VWDRY +4.47%  rallied 5.3% after the wind-turbine maker said itwon a 350 MW order in the U.S. with potential for up to 636 MW more.
Shares of Technip SA FR:TEC -6.27%  slid 6.3% after the oil-field-services firm late Tuesday laid out its guidance for 2014and said it may see a slow start in the first quarter at its subsea division.
Marks & Spencer Group PLCUK:MKS -2.39%  dropped 2.4% after UBS cut the retail and supermarket chain to neutral from buy.
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European shares close higher before Fed decision


Published: Wednesday, 18 Dec 2013 | 12:00 PM ET
FTSEFTSE 100 Index6492.08
DAXDAX Index9181.75
CAC 40CAC 40 Index4109.51
IBEX 35IBEX 35 Idx9443.60

Fed decision watched
The FTSEurofirst 300 Index provisionally closed 0.9 percent higher, with all major European indexes and sectors posting gains. The U.S. central bank's monetary policy committee will conclude a two-day meeting on Wednesday amid talk that stronger economic data in recent weeks, including employment and consumer confidence, argue in favor of a reduction of its monthly bond purchases.
In the U.S., stocks mostly rose on Wednesday as Wall Street also waited to learn what the Federal Reserve would announce at 2 p.m. ET. Fed Chairman Ben Bernanke will speak at a news conference at 2:30 p.m.
Economic reports on Wednesday had housing starts jumping to a near six-year high in November, the latest show of strength in the housing market that could give the Fed another reason to begin cutting its $85 billion in monthly bond purchases.
Andrew Wilkinson, chief economic strategist at Miller Tabak, told CNBC via email that: "The FOMC will reduce its bond purchases by a paltry $5 billion starting at the December meeting." His view ran counter to the majority view that the central bank would wait for the first quarter of 2014 to make a move.
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CNBC Morning Squak December 16, 2013.

In the news today
Will they or won’t they? That’s the $85 billion a month tapering question for the Fed as it gets ready to meet tomorrow and Wednesday. Either way, it could be a volatile week. (CNBC)
As stocks close out a banner year, many investors are not expecting a repeat performance in 2014. A new AP-GfK poll finds that 40 percent think the market won’t go much higher from here. (AP)
It looks like the bipartisan budget agreement may not be a done deal in the Senate yet. Supporters are still rallying enough votes. (WSJ)
U.S. financial exchanges are said to be near a deal to upgrade the trading infrastructure blamed for a serious market outage in August. (WSJ)
Google hopes its latest addition to its secretive robot project can give Amazon's drones a run for their money. (FT)
Today marks the busiest global pickup day for UPS, which will turn around and deliver nearly 29 million of those packages tomorrow. (USA Today)
Revelations that Ikea spied on its employees sparks outrage in France. The New York Times report that there's no accusations of surveillance in any of the other 42 countries where Ikea operates. (New York Times)

By the numbers
It’s a busy Monday for economic reports, starting with the Empire State Survey for December at 8:30 a.m. ET. At the same time, the government is set to release Productivity and Costs figures for November. At 9:15 a.m. ET, it’s the November read on Industrial Production.
The Federal Reserve is scheduled to celebrate its 100th anniversary today. Fed Chairman Ben Bernanke will give brief remarks, followed by former chairmen Alan Greenspan and Paul Volcker.
Stocks to watch
American International Group is said to be in advanced talks to sell its jet-leasing business to AerCap Holdings for $3 billion in cash and a minority stake, the Wall Street Journal reports. AIG CEO Robert Benmosche will be a special guest on “Squawk Box” at 8 a.m. ET.
Charter Communications is preparing to send an offer letter to acquire Time Warner Cable, according to Reuters. The offer is expected to be less than $135 per Time Warner Cable share and will be a combination of cash and stock.
In the heart of the holiday shopping season, workers at Amazon’s operations in Germany were set to go on strike on today. The dispute, which is over wages, has been going on for months.
Squawk newsmakers
We're going to be handicapping whether Fed policymakers will decide to start tapering. Former Fed Governor Frederic Mishkin will join us at 7 a.m. ET. Then, we’ll take the pulse of the holiday shopping season with JPMorgan analyst Matthew Boss at 7:40 a.m. ET.
Bankrupt Detroit is expected to find out how much its taxpayer-purchased art collection is worth this week(AP)
The explosion of the demand for gluten-free offerings is making life tough for restaurant owners (WSJ)

Nuclear Accord With Iran Opens Diplomatic Doors in the Mideast: NYT | Asia Morning Today's Headlines November 25, 2013.

The New York Times
NYT Apps|Subscribe: Digital / Home Delivery

Tuesday, November 26, 2013

Top News
President Obama boarding Air Force One on Sunday. He said Saturday night that a final agreement with Iran
Nuclear Accord With Iran Opens Diplomatic Doors in the Mideast


The preliminary accord reached with Iran is a seminal moment for President Obama, but experts say seeking a broader diplomatic opening could alter other American calculations.
An aerial photograph of Sandy Hook Elementary School on Dec. 14, 2012, the day of the mass shooting.
Sandy Hook Shooting Investigation Ends With Motive Still Unknown


Almost a year after Adam Lanza shot his way into a Newtown, Conn., elementary school and killed 26 people, the reason is unknown, investigators say.
Syrian Peace Talks to Begin on Jan. 22


The aim is to create a transitional government based on mutual consent, though the Syrian government and the opposition are still far apart on what that would mean.
For more top news, go to
Editors' Picks


Video VIDEO: Making a Scene
The year's best performers star in 11 original (very) short films directed by Oscar-winning cinematographer Janusz Kaminski.


The Bolshoi's Spinning Dance of Power


The ballet will emerge from this time of troubles to better reflect the nostalgic imperialism of Vladimir Putin's Russia.
Secretary of State John Kerry shaking hands with Mohammad Javad Zarif, the Iranian foreign minister, following the announcement.
Obama, Countering Critics, Defends Iran Nuclear Deal


President Obama said the agreement with Iran was the resulf of "clear-eyed, principled diplomacy," countering critics who called it a capitulation.
Israeli Prime Minister Benjamin Netanyahu
Israeli Leaders Denounce Geneva Accord


Officials said that they were not bound by the agreement on Iran's nuclear program and that Israel would be ready to defend itself without assistance from allies.
. Video  Video: Netanyahu on Nuclear Accord with Iran
Oil Prices Dip After Nuclear Deal With Iran


Easing tensions with Tehran could bring more of its oil and natural gas to global markets, but analysts didn't see much change in market fundamentals.
For more world news, go to
Blackberry, which named John S. Chen as acting chief executive this month, announced a shakeup of top executives on Monday.
Blackberry Chief Removes Some Top Executives


The troubled smartphone maker said its chief operating officer and chief marketing officer were gone from the company. The chief financial officer has been replaced.
Sergio Marchionne, Fiat's chief executive, wants full control of Chrysler.


No I.P.O. for Chrysler This Year, Fiat Says


The initial stock offering for Chrysler may take place in the first quarter of 2014, but it is complicated by negotiations between Fiat and the United Automobile Workers.
C. Douglas McMillon at the Walmart shareholders meeting in Fayetteville, Ark., in June.
Walmart Names New Chief Executive


The retailer said Doug McMillon, head of the company's international division, would take over as chief executive, replacing Mike Duke.
For more business news, go to
Backlash by the Bay: Tech Riches Alter a City


As the largess from tech companies has flowed into San Francisco, some residents say their workers are driving up housing prices and spoiling the city's bohemian identity.
The New York Stock Exchange before Twitter's stock I.P.O. The company's shares are up nearly 60 percent since it went public.


If It Looks Like a Bubble and Floats Like a Bubble…


Though Silicon Valley insists there is not a technology bubble, average investors should be cautious, especially when many highly valued companies have yet to produce earnings.
For more technology news, go to
Ryan Crotty scored a late try for New Zealand as the All Blacks remained undefeated.
New Zealand Breaks Irish Hearts Again With Some Late Heroics, 24-22


With a 24-22 victory over Ireland in Dublin on Sunday, New Zealand again was able to show the dominance of the All Blacks.
The foul by Kevin Mirallas of Everton, left, against Liverpool's Luis Suarez was an example of the intensity of the teams' rivalry.
In the Heat of a Derby, Blood Is Spilled


It's easy to see the passion in the Liverpool-Everton rivalry that ended in a 3-3 draw, but there is no excuse for the foul committed on Liverpool's biggest star, Luis Suárez.
For more sports news, go to
U.S. News
Large numbers of whales have congregated off Monterey Bay to the delight of camera-wielding whale watchers like the ones aboard Nancy Black's Sea Wolf II.


With Extra Anchovies, Deluxe Whale Watching


For almost three months, Monterey, Calif., and nearby coastal areas have played host to a mammoth convocation of sea life that local scientists say is unprecedented in their memories.
Ohio's attorney general, Mike DeWine, announced indictments against four adults in relation to the rape of a high school student last year in Steubenville, Ohio.
Steubenville School Superintendent Is Indicted


The superintendent was charged with obstructing justice and three other adults were indicted on lesser charges in the rape of a 16-year-old girl by two high school football players in 2012.
Workers removed a tree that fell on a car in Odessa, Tex., on Monday after freezing rain and sleet swept across the area.
Wreaking Havoc, Storm System Heads East


As millions of Americans prepare to travel ahead of the Thanksgiving holiday, winter storm warnings were in effect in large parts of the country.
For more U.S. news, go to


Getting to Yes With Iran


The temporary deal will make the world safer, for now.
Roger Cohen
Israel's Iran Dilemma


The best Iran deal that could be had reorders the map of the Middle East and compels Israel to think again.
For more opinion, go to

Around the World, Inflation Is Hitting Lows Not Seen for Years: NYT | ALERT FGC BOLSA - FGC FINANCIAL MARKETS November 15, 2013

The New York Times | MY ALERTS


Compiled: November 15, 2013 10:36:17 AM

Off the Charts

Around the World, Inflation Is Hitting Lows Not Seen for Years
In the United States, the core inflation rate, which excludes volatile food and energy prices, is at 1.2 percent over the last 12 months — one of the reasons the Fed may continue to buy bonds.

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