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Indian stock market and companies daily report (October 20, 2014, Monday)

October 20, 2014, Monday
Indian markets are expected to open on positive note tracking SGX Nifty and other Asian markets. The rally on Wall Street partly reflected speculation that the Federal Reserve may delay the end of its asset purchase program following yesterday's comments from St. Louis Fed President James Bullard. European stocks rallied on Friday, trimming steep weekly losses after central mentioned that it was ready offer further stimulus measures if conditions warranted.

US stock market daily report (October 17, 2014, Friday)

October 17, 2014, Friday
During a speech before an audience at the Brookings Institution 'Think Tank' on Thursday, James Comey, FBI Director, said that new cell phone encryption features, have "the potential to create a black hole for law enforcement." Potential evidence on a cell phone is more out of reach due to the level of encryption built in. Comey said, "If this becomes the norm, I suggest to you that homicide cases could be stalled, suspects walk free, child exploitation not discovered and prosecuted."

US stock market, economy and companies update (October 17, 2014)

October 17, 2014, Friday
The equity snap-back has been general over the European and US sessions. Stock indices in Europe are looking to close up around 3% a piece, while most leading US indices are up more than 1.5% a piece. Meanwhile, the VIX is back around 20 after reaching 29.30 just 24 hours ago. Benchmark government yields are reversing the moves seen midweek, and the US 10-year is at 2.22%. As of writing, the DJIA is up 1.60%, the S&P500 is up 1.55% and the Nasdaq is up 1.63%.

Indian stock market daily morning report (October 17, 2014, Friday)

October 17, 2014, Friday
Benchmark share indices ended near two-month closing lows on Thursday, amid weak European cues, with metal shares declining the most on worries that global economic growth slowdown would hurt demand. The 30-share Sensex ended lower by 1.33% or 350 points at 25,999 and the Nifty was off 1.47% or 116 points to close at 7,748. Shares of eight metal companies closed 1.26% to 5.46% down on BSE on global growth worries.

Indian stock market and companies daily report (October 17, 2014, Friday)

October 17, 2014, Friday
Indian markets are expected to open on positive note tracking SGX Nifty. US markets ended on flat note after seeing initial weakness due to ongoing concerns about global economic growth along with worries about an expansion of the Ebola outbreak in the U.S. European stocks closed in negative territory yet again Thursday, but the major averages finished well off session lows after some encouraging economic news from the United States.

US stock market daily report (October 16, 2014, Thursday)

October 16, 2014, Thursday
Solon Middle School and Parkside Elementary School, a few miles southeast of Cleveland, were ordered closed Thursday by the Cleveland Metropolitan School District after a middle school worker “traveled home from Dallas on Frontier Airlines Tuesday on a different flight, but perhaps the same aircraft,” officials said. Nurse Amber Vinson, age 29, treated Ebola victim Thomas Eric Duncan and flew to Ohio on October 10. Vinson flew back to Texas on Monday and was tested positive for Ebola on Tuesday.

US stock market, economy and companies update (October 16, 2014)

October 16, 2014, Thursday
After plunging lower though the first hours of trading, European equities reversed and moved higher after 06:00ET thanks to talk the ECB was looking to make life easier for Greece. US futures remained beaten down and the 10-year yield briefly dipped back below 2%, however stocks zigzagged higher from the cash open, aided by soothing comments from Fed's Bullard.

Indian stock market daily morning report (October 16, 2014, Thursday)

October 16, 2014, Thursday
The Nifty ended marginally lower after realty major DLF plunged nearly 29%, recording its highest single-day after market regulator Sebi barred real estate major and six of its top executives, including Chairman K P Singh, from accessing the capital market for three years. The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.

Indian stock market and companies daily report (October 16, 2014, Thursday)

October 16, 2014, Thursday
Hero Motocorp Ltd would announce its 2QFY2015 results today. On the topline front, we expect robust double-digit growth of 21.7% yoy to Rs 6,968.5 crores. The growth would be largely volume driven (20% yoy volumes growth) while the realisation is expected to grow marginally by 1.5%. We expect operating margins to dip 70 bp yoy to 13.8% on back of increased competitive intensity leading to pricing pressures.

US stock market daily report (October 15, 2014, Wednesday)

October 15, 2014, Wednesday
Skunk Works, a secretive unit at Lockheed Martin Corporation (LMT-NYSE), on Wednesday announced a technological breakthrough in fusion energy. The power source, based on nuclear fusion and the first reactors, could be ready for use within a decade. Lockheed sees the fusion energy project as part of a comprehensive approach to solving global energy and climate change problems. Nuclear fusion is when atoms combine into more stable forms.

US stock market, economy and companies update (October 15, 2014)

October 15, 2014, Wednesday
Trading volumes are running about double recent levels this morning as wild moves whip around markets. The DJIA has moved 600 points in the first 1.5 hours of trading, dropping 300 points before and just after the open then bouncing higher. The S&P500 dipped below 1840 briefly, to lows last seen in mid April, before bouncing back. With volatility running very hot, the VIX is up sharply, touching 28 at its highs.

US stock market daily report (October 14, 2014, Tuesday)

October 14, 2014, Tuesday
Facebook, Inc. (FB-Nasdaq) CEO Mark Zuckerberg and wife Priscilla Chan announced on Tuesday, they are donating $25 million to the Centers for Disease Control Foundation to help fight Ebola. Zuckerberg said in a statement on his Facebook page, “The Ebola epidemic is at a critical turning point. It has infected 8,400 people so far, but it is spreading very quickly and projections suggest it could infect 1 million people or more over the next several months if not addressed.

US stock market, economy and companies update (October 14, 2014)

October 14, 2014, Tuesday
US equities are bouncing higher this morning after yesterday's steep losses. The VIX shot up to 22-month highs yesterday afternoon, hitting 24.60 at its highest. The VIX is around 22.7 presently. The DJIA is moving triple-digits for the sixth straight session. As of writing, the DJIA is up 0.65%, the S&P500 is up 0.81% and the Nasdaq is up 1.16%. The 10-year UST yield fell below 2.20% earlier this morning, marking fresh 15-month lows.

Indian stock market daily morning report (October 14, 2014, Tuesday)

October 14, 2014, Tuesday
Benchmark share indices staged a recovery in late trades, amid firm European cues, helped by a rebound in financials while IT shares gained post upbeat July-September earnings from Infosys. The 30-share Sensex ended up 86 points at 26,384 and the 50-share Nifty ended up 24 points at 7,884. Nine metal & mining stocks closed up 0.20% to 3.20% on BSE after the latest data showed China's exports and imports rose faster than expected in September.

US stock market daily report (October 13, 2014, Monday)

October 13, 2014, Monday
Italy has decided to call in its army to help grow medical marijuana, which was legalized in the country during 2013. Due to the current high cost of medical marijuana, Italy sees few patients who need medical marijuana, receiving it. Beginning in 2015, Italy plans to bring affordable marijuana to suffering patients. In an experiment, the Italian government plans to grow cannabis for their health care system in a high-security lab in a military compound.

US stock market, economy and companies update (October 13, 2014)

October 13, 2014, Monday
The volatility continues this morning in heavy trading volume. More positive and less flattering news has clashed over the Asia and Europeans sessions, with markets jibing in the wake of the strong China September export data, soft German wholesale prices and the first person-to-person Ebola transmission in the US. As of writing, the DJIA is down 0.14%, the S&P500 is down 0.40% and the Nasdaq is down 0.35%.

Indian stock market daily morning report (October 13, 2014, Monday)

October 13, 2014, Monday
Benchmark shares indices shaved off most of the previous session gains amid weak global cues even as Infosys surged nearly 7% on the back of better-than-expected second quarter earnings and its new chief executive Vishal Sikka's vision to reemerge as the IT sector's bellwether through consistent profitable growth. Further, investors have turned cautious ahead of the August industrial production data due later during the day.

Indian stock market and companies daily report (October 13, 2014, Monday)

October 13, 2014, Monday
Indian markets are expected to open negatively tracking SGX Nifty and Asian markets. US market ended on negative note owing to European growth concerns which led to global negative sentiment. European markets closed in the negative territory on Friday, extending this monthRs.s steep losses on concerns the European Central Bank will dither as Germany heads for recession.

US stock market daily report (October 10, 2014, Friday)

October 10, 2014, Friday
U.S. investors are making a risky bet. Investors are making a wager that their investment in the Canadian medical marijuana industry will not fall under the scrutiny of U.S. laws. Just this year, Canada overhauled its laws, making it legal to buy marijuana from licensed producers with a doctor’s prescription. Canada's medical marijuana market is expected to grow to $1.3 billion, within a decade. Canada has been the largest beneficiary of fund flows from U.S. investors.

US stock market, economy and companies update (October 10, 2014)

October 10, 2014, Friday
It's been a wild ride today as US equities dip into and out of negative territory. With volatility running very hot, the VIX has popped above 20 for the first time since early February. Utilities and consumer staples names are among the only names holding up as traders seek safe havens. Conversely, momentum tech names have been hammered, with TWTR and FB down 8% and 4%, respectively, at their worst levels earlier this morning. The US 10-year yield approached but did not break yesterday's 16-month lows of 2.28% in the US premarket.

Indian stock market daily morning report (October 10, 2014, Friday)

October 10, 2014, Friday
Benchmark shares indices ended 1.5% higher on Thursday snapping a three-day losing streak led by financials following encouraging India growth forecast by the World Bank while delay in interest rates by the US Federal Reserve also boosted sentiment. The 30-share Sensex ended up 390 points at 26,637 and the 50-share Nifty closed 118 points higher at 7,961.

Indian stock market and companies daily report (October 10, 2014, Friday)

October 10, 2014, Friday
Indian markets are expected to open negatively tracking SGX Nifty and Asian markets. US stocks plunged the most since April, declining about 2%, on concern that slowing growth in Europe will hurt the American economy as the Federal Reserve ends its bond purchases. European stocks slid amid concerns of economic slowdown.

US stock market daily report (October 09, 2014, Thursday)

October 10, 2014, Friday
Using a highly precise method to determine the antiquity of paintings found in seven caves on the Indonesian island of Sulawesi, Scientists determine the artwork was created at least 40,000 years ago. The prehistoric paintings depict animals such as a pig-deer and the outline of human hands. Findings of Scientists rewrite the history of art. Scientists used a method based on the radioactive decay of tiny quantities of uranium in small mineral growths dubbed 'cave popcorn' that formed on some of the paintings.

US stock market, economy and companies update (October 09, 2014)

October 9, 2014, Thursday
Yesterday's late equity rally has been explained away as an effect of the FOMC minutes driving short selling capitulation, but there is little sign of risk appetite this morning. European indices gave up all of their early gains and slid into negative territory as US traders began selling S&P500 futures in the premarket. The 1950 area on the S&P500 appears to be a key level. As of writing, the DJIA is down 0.65%, the S&P500 is down 0.66% and the Nasdaq is down 0.36%.

Indian stock market daily morning report (October 09, 2014, Thursday)

October 9, 2014, Thursday
Benchmark shares indices ended lower, amid choppy trades, for the third straight session with IT shares declining the most led by Infosys amid reports of downgrade by global financial services major Citigroup. The 30-share Sensex ended down 25 points at 26,247 and the 50-share Nifty closed 10 points lower at 7,843.

Indian stock market and companies daily report (October 09, 2014, Thursday)

October 9, 2014, Thursday
Indian markets are expected to open positively tracking SGX Nifty and Asian markets. U.S. stocks rose on the Federal Reserve's hint that interest rates will stay near zero for "considerable time". European stocks declined amid concern that equity valuations have overshot the potential for economic growth and earnings.

US stock market daily report (October 08, 2014, Wednesday)

October 8, 2014, Wednesday
After years of complaints from consumers about being charged for services they never requested, AT&T, Inc. (T-NYSE) has agreed to pay a $105 million settlement. The Federal Trade Commission said on Wednesday the telecommunications giant agreed to settle charges that they 'crammed' consumers phone bills. Of the settlement from AT&T, $80 million will be used to refund customers charged for services never requested. For penalties and fees, $20 million will go to all 50 states and Washington, D.C. The remaining $5 million will go to the FTC.

US stock market, economy and companies update (October 08, 2014)

October 8, 2014, Wednesday
European and US equities are decaying this morning as the sense of unease about Europe lingers over global markets. As of writing, the DJIA is down 0.21%, the S&P500 is down 0.47% and the Nasdaq is down 0.53%. WTI crude is making fresh 16-month lows this morning after dropping into the $87 handle on deepening concerns about global demand.

Indian stock market daily morning report (October 08, 2014, Wednesday)

October 8, 2014, Wednesday
Benchmark shares indices dropped over 1% on Tuesday to end near their two-month closing lows with metal shares leading the decline amid growth concerns in China, the world's largest consumer of metals. Sensex closed with a loss of 296 points, down 1.11% at 26,272 while Nifty ended down by 93 points or 1.17% at 7,852. Sun Pharma closed 2.74% down at Rs 836.85 on reports about the company planning to invest more than $280 million in the experimental psoriasis drug in-licensed last month from US-based Merck Sharp& Dohme (MSD) eroded the appeal of its stocks.

Indian stock market and companies daily report (October 08, 2014, Wednesday)

October 8, 2014, Wednesday
Indian markets are expected to open negatively tracking SGX Nifty and Asian markets. U.S. stocks declined as the International Monetary Fund cut its growth forecast and warned of "frothy" equities amid signs of slowing growth in Europe. European stocks slid as German industrial production contracted the most in more than five years, and the International Monetary Fund cut its outlook for global growth. Back home, India's key benchmark indices ended in red as weakness in European stocks and tension at Indo-Pak border hit investor sentiment.

US stock market daily report (October 07, 2014, Tuesday)

October 7, 2014, Tuesday
The United States Navy, Office of Naval Research, is testing new technology geared to protect warships in port. To counter asymmetric attacks in ports, the Navy uses small patrol craft for close-quarters defense which means placing sailors in the line of fire. A new technology is being tested by the Navy, similar to the autonomous minesweepers the U.S. Army is testing. The technology is called Control Architecture for Robotic Agent Command and Sensing (CARACaS) and is essentially an auto-pilot on steroids that can be installed on nearly any boat.

US stock market, economy and companies update (October 07, 2014)

October 7, 2014, Tuesday
Europe's woes are only getting worse, as today's weak Germany August industrial production data echoed yesterday's terrible factory orders. European indices are looking to close at or near their lows, while gold, bonds and the JPY are surging. The 10-year UST yield has dropped to 2.378%, its lowest levels ince early September and spot gold is firmly back above $1,200. As of writing, the DJIA is down 0.87%, the S&P500 is down 0.69% and the Nasdaq is down 0.77%.

Indian stock market and companies daily report (October 07, 2014, Tuesday)

October 7, 2014, Tuesday
Indian markets are expected to open on a flat note tracking SGX Nifty and Asian markets. US stocks fell as small-cap shares resumed a selloff and investors awaited the start of corporate earnings season to assess the strength of the economy. European stocks gained, after two weeks of decline, due to rally in banks and Tesco Plc. Back home, India's key benchmark indices ended lower after hovering in the red for the most part of the trading session on weak global cues.

US stock market daily report (October 06, 2014, Monday)

October 6, 2014, Monday
According to Alzheimer's Disease International, a nonprofit organization founded in 1984, Dementia affects 44 million people worldwide, a number expected to reach 135 million by 2050. The Nobel Prize in Physiology or Medicine has honored three neuroscientists who discovered cells that form a positioning system in the brain the human hard-wired GPS. The genius' who discovered that cells in the brain act as the body's internal global positioning system [GPS] include: John O'Keefe, May-Britt Moser and Edvard Moser.

US stock market, economy and companies update (September 06, 2014)

October 6, 2014, Monday
This morning's premarket move higher in US equity markets is being dismissed as a dead cat bounce after both the Nasdaq and the S&P500 dipped into negative territory after 1.5 hours of trading. As of writing, the DJIA is up 0.09%, the S&P500 is up 0.13% and the Nasdaq is down 0.25%. The euro seems to have found a floor at 1.2500, as the terrible German factory orders data has not prevented EUR/USD's rebound from Friday's lows. The pair is around 1.2570 as of writing. WTI crude traded as low as $88.75/bbl before moving back up again.

US stock market daily report (October 03, 2014, Friday)

October 3, 2014, Friday
Radar equipment aboard the European Space Agency's CryoSat-2 satellite and NASA's Jason-1 satellite were used to capture unprecedented underwater geological features and details of the seafloor. Researchers used gravity measurements for the study which was published in the journal 'Science'.

US stock market, economy and companies update (September 03, 2014)

October 3, 2014, Friday
The global equity bounce-back began midway through yesterday's US session, continued through the Asia and European sessions on Friday, and has been buoyed by this morning's September jobs report. Every sector of the S&P500 is in the green, with the exception of energy and materials, both held back by the ever-stronger US Dollar. As of writing, the DJIA is up 0.78%, the S&P500 is up 0.70% and the NASDAQ is up 1.08%.

US stock market daily report (October 02, 2014, Thursday)

October 2, 2014, Thursday
Of the total European stock trading during September, 6.9% were accounted toward dark order book trades, up from 6.4% during August and up 5.7% from September 2013. Equity turnover on these "lit" order books rose 5% during September to 714 billion euros but, still remains lower from over a billion during 2008. Total turnover across dark order book trades and "lit" order books was up 7% in September to 767 billion euros. During September, nearly nearly 53 billion euros ($66.95 billion) worth of shares changed hands in dark pools, up 20% from August and up 29% from September 2013.

US stock market, economy and companies update (October 02, 2014)

October 2, 2014, Thursday
The skimpy details about the ECB's asset purchase program disclosed this morning have disappointed markets, and European indices are ready to close at their lows following steep declines. The Milan index is down about 3.5%, while Spain and Italy bond yields have moved up noticably. In the US, the S&P500 held the 1945 level all morning before breaking lower after 10:30ET. As of writing, the DJIA is down 0.39%, the S&P500 is down 0.33% and the Nasdaq is down 0.51%.

US stock market daily report (October 01, 2014, Wednesday)

October 1, 2014, Wednesday
The United States Secret Service is required by law - United States Code § 3056 - to protect the President of the United States. The assassination of President William McKinley in 1901 prompted Congress to direct the Secret Service to protect the President of the United States. Under President Barack Obama, the Secret Service have had numerous security breaches and embarrassments under both former Secret Service Director Mark Sullivan as well as under current Secret Service Director Julia Pierson.

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