Thursday, December 20, 2012

DailyMarkets.com - Stocks Mixed, Q3 GDP Revised, & NYSE To Be Bought By ICE

DailyMarkets.com - Stocks Mixed, Q3 GDP Revised, & NYSE To Be Bought By ICE


Stocks Mixed, Q3 GDP Revised, & NYSE To Be Bought By ICE

Posted: 20 Dec 2012 04:12 AM PST

12/20/12 Global stocks were trading higher Thursday morning following mixed economic data. Meanwhile, Herbalife continues to take a beating and the IntercontinentalExchange (ICE) announces that it will buy the NYSE Euronext for $8.2 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Wall Street Flat, ‘cliff’ Overshadows Data

Posted: 20 Dec 2012 08:17 AM PST

12/20/12 US stock averages traded nearly unchanged and mixed, following the latest data. NYSE Euronext shares rallied after ICE agreed to acquire the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Dec. 20, 2012: BOJ Chief: Reviewing Goal Unlinked To Policy Accord

Posted: 20 Dec 2012 07:49 AM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news

BOJ chief: Reviewing goal unlinked to policy accord (MNI)
Bank of Canada should raise rates in late 2013-IMF (Reuters)
Central bankers rethink their devotion to slaying inflation (Reuters)
Polish … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Libor Scandal: How Executives Must Have Known

Posted: 20 Dec 2012 06:03 AM PST

The intrigue surrounding the greatest financial fraud "of all time" could fill many a book and many a movie theatre. While the intrigue may make for riveting reading and viewing, the simple fact is this fraud comes with an exceptionally high cost for investors, consumers, and society as a whole.
How did the web of this manipulation grow so large? Where were the regulators and internal compliance people to snuff it out and bring some semblance of order to what can only be defined as … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Commodities: Gold, Oil Vulnerable On Fiscal Cliff Jitters

Posted: 20 Dec 2012 03:08 AM PST

Commodities may reverse course lower as risk sentiment stumbles amid continued signs of deadlock in US "fiscal cliff" negotiations.
Talking Points

Crude Oil, Copper May Turn Lower as "Fiscal Cliff" Jitters Turn Acute
Gold and Silver Vulnerable if Risk Aversion Boosts US Dollar Demand Anew

Commodity prices are treading water as markets wait for direction amid uncertainty surrounding US fiscal cliff negotiations. Divergent headlines have seen markets seesawing throughout the week but … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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