Financial News from MarketWatch

  • SAC may shutter hedge fund to outsiders: report MarketWatch - Tue, May 21, 2013 7:08 AM AEST

    SAN FRANCISCO (MarketWatch) -- SAC Capital's Steven Cohen may broker a deal with the government to shut his $15 billion hedge fund to outside investors to settle an insider trading probe, according to ...

  • Urban Outfitters slips in after-hours trade MarketWatch - Tue, May 21, 2013 6:41 AM AEST

    Urban Outfitters falls after its fiscal first-quarter sales come up short of expectations, while TiVo posts a slight gain as its quarterly loss was smaller than forecast.

  • Chesapeake chooses Anadarko exec Lawler as CEO MarketWatch - Mon, May 20, 2013 7:57 PM AEST

    LONDON (MarketWatch) -- Chesapeake Energy Corp. has chosen Robert Douglas Lawler, a top executive at rival oil-and-gas company Anadarko , as chief executive, the Wall Street Journal reported on Monday. ...

  • Apple is the hedge fund king once again MarketWatch - Fri, May 17, 2013 3:43 AM AEST

    Shares of Apple fell by 3.4% on Wednesday, as reports trickled in that the likes of David Tepper had either sold off their entire positions, or made significant cuts. But for the first quarter of 2013, ...

  • Chanos, Greenlight bought Apple in the first quarter MarketWatch - Fri, May 17, 2013 1:36 AM AEST

    After Apple's stock stumbled hard at the end of last year, here are the investors that stepped in to buy the stock during the first quarter, according to recent regulatory filings that list stock holdings ...

  • Cisco rallies leading techs higher; AMD falls MarketWatch - Thu, May 16, 2013 11:49 PM AEST

    SAN FRANCISCO (MarketWatch) - Cisco Systems Inc. shares soared early Thursday, propelling the tech sector to early gains, after the technology giant beat Wall Street's earnings estimates. Cisco was up ...

  • Friends, prostitutes comingle on social networks MarketWatch - Thu, May 16, 2013 10:45 PM AEST
    Friends, prostitutes comingle on social networks

    Facebook, LinkedIn, Twitter and the policing of the new red-light district.

  • Cisco to set tone for tech stocks Thursday MarketWatch - Thu, May 16, 2013 8:09 AM AEST

    Cisco results are likely to set much of the tone for tech stocks in the next 24 hours.

  • Elon Musk to buy $100 million in Tesla stock as part of secondary offering to pre-pay Dept. of Energy … MarketWatch - Thu, May 16, 2013 6:43 AM AEST

    Tesla will issue debt and shares to raise a net $830 million to pre-pay a Department of Energy loan, according to a company press release.

  • David Tepper's Appaloosa reduces Apple stake as investment turns sour MarketWatch - Thu, May 16, 2013 3:57 AM AEST

    Appaloosa Management LP, managed by influential hedge-fund manager David Tepper, has significantly scaled back exposure to Apple Inc.  as the stock continued to lose value in the first quarter.

  • How to stop the FBI from reading your email MarketWatch - Tue, May 14, 2013 10:47 PM AEST

    Despite the Fourth Amendment’s protections against unlawful searches, federal agencies do not necessarily need a warrant to read emails older than six months.

  • 10 things cruise lines won’t tell you MarketWatch - Mon, May 13, 2013 9:23 PM AEST
    10 things cruise lines won’t tell you

    Navigating a sea of potential sickness, danger and debt.

  • Stock shorts get hurt, but don’t call it a squeeze MarketWatch - Sat, May 11, 2013 2:00 AM AEST

    It has been an undeniably ugly week for short sellers, but don’t pin too much credit for the broad equity rally on a squeeze.

  • The $4,200 bottle of perfume MarketWatch - Fri, May 10, 2013 11:42 PM AEST
    The $4,200 bottle of perfume

    Chanel No. 5. The perfume that’s considered the world’s most iconic by many a fragrance fan. But if you’re still shopping for Mother’s Day, why settle for just any bottle of the “now and forever” scent ...

  • Too-big-to-fail rules need work: Fed's Plosser MarketWatch - Fri, May 10, 2013 3:15 AM AEST

    WASHINGTON (MarketWatch) -- Current rules about handling troubled too-big-to-fail financial institutions are insufficient, with too much discretion in the hands of regulators and more standardization needed ...

  • Lacker: Living wills best alternative to bailouts MarketWatch - Thu, May 9, 2013 10:08 PM AEST

    WASHINGTON (MarketWatch) -- In a speech to the Council on Foreign Relations in New York, Richmond Fed President Jeffrey Lacker said ending "too big to fail" perceptions will be tough but the ...

  • Dex Media shares soar on Kyle Bass remarks MarketWatch - Thu, May 9, 2013 2:57 AM AEST

    NEW YORK (MarketWatch) -- Shares of Dex Media Inc. soared 27% to $17.45 on Wednesday after hedge-fund manager Kyle Bass made positive comments about the company at the Ira Sohn investment conference in ...

  • U.K. stocks rise as strong miners offset banks MarketWatch - Thu, May 9, 2013 2:19 AM AEST

    Resource firms help lift the U.K.’s benchmark stock index, offsetting weakness in the banking sector after a lackluster earnings report from Standard Chartered.

  • The 10 U.S. cities with the worst traffic MarketWatch - Wed, May 8, 2013 9:25 PM AEST

    Last year, the average American driver wasted 38 hours sitting in traffic. While the occasional traffic jam inconveniences most drivers, some unlucky people live in the nation’s most congested cities. ...

  • The last bear on Wall Street MarketWatch - Wed, May 8, 2013 9:24 PM AEST

    If you see nothing but bulls, either the last bear on Wall Street has gone extinct or he and his friends are waiting just outside the door to launch the next attack.

  • 10 things sleepaway camps won’t say MarketWatch - Wed, May 8, 2013 9:13 PM AEST

    With restrictions on s’mores and cellphones, will campers have any fun?

  • Dow’s hitting new highs — but are you? MarketWatch - Wed, May 8, 2013 9:10 PM AEST

    The Dow Jones Industrial Average has passed the 15,000 mark. But is that really reason to celebrate? Putting all the market-milestone hoopla in perspective.

  • Google tops $850 to set new high MarketWatch - Tue, May 7, 2013 1:19 AM AEST

    SAN FRANCISCO (MarketWatch) -- Google Inc. shares have risen above $850 for the first time in the stock's history. Google was last trading up 1% at $854.83, after setting an intraday high of $858.62. The ...

  • Is 15,000 time to sell? MarketWatch - Sat, May 4, 2013 5:37 AM AEST

    As the Dow reaches a new record, some pros advise taking profits.

  • Airlines want you off Expedia, Orbitz MarketWatch - Sat, May 4, 2013 3:59 AM AEST

    Airline carriers lure travelers away from travel sites with new perks.

  • Could this retirement plan replace the 401(k)? MarketWatch - Fri, May 3, 2013 11:09 PM AEST

    Cash balance plans are the fastest-growing part of the defined-benefit pension universe and could become as numerous as 401(k) plans within the next few years. The number of such plans rose from 1,300 ...

  • What should you teach your kids about money? MarketWatch - Fri, May 3, 2013 10:20 PM AEST
    What should you teach your kids about money?

    As pensions and job security erode, young people need financial education more than ever — but most aren’t getting it.

  • Keep buying gold gold gold, any way you can MarketWatch - Fri, May 3, 2013 4:02 PM AEST

    I will always recommend buying some gold coins and bullion and storing them somewhere safe that you can actually physically get to.

  • Facebook sales jump, beating estimates MarketWatch - Thu, May 2, 2013 6:11 AM AEST

    SAN FRANCISCO (MarketWatch) - Facebook Inc. on Wednesday reported a first-quarter profit of $219 million, or 9 cents a share, compared with a profit of 205 million, or 9 cents a share, for the year-earlier ...

  • Retailers mull reaction to Bangladesh disaster MarketWatch - Wed, May 1, 2013 11:27 AM AEST

    LOS ANGELES (MarketWatch) -- In the wake of the catastrophic collapse of a Bangladesh building housing garment factories, Western retailers and governments are looking at ways to prevent future disasters, ...

  • Time for an online tax-free shopping spree? MarketWatch - Tue, Apr 30, 2013 9:19 PM AEST
    Time for an online tax-free shopping spree?

    4 things to buy before Congress passes the sales-tax law

  • 4 reasons to amend your tax returns MarketWatch - Mon, Apr 29, 2013 11:09 PM AEST

    Sometimes you don’t have to bother amending tax returns-- the IRS will essentially do it for you. But there are times you really should go out of your way to correct mistakes.

  • 10 things vitamin makers won’t say MarketWatch - Mon, Apr 29, 2013 9:27 PM AEST
    10 things vitamin makers won’t say

    There are more than 54,000 dietary supplements on the market, sold under 1,000 different brands. How can consumers find a safe product? We peel back the label to see what nutrition-in-a-bottle is really ...

  • Growth too fragile to gamble with austerity MarketWatch - Sat, Apr 27, 2013 2:54 AM AEST

    It is clear that the underlying trend for U.S. growth remains exceedingly fragile, and we have barely begun to feel the impacts of sequestration’s automatic spending cuts, writes economist Adam Hersh.

  • Why everyone is wrong about austerity MarketWatch - Sat, Apr 27, 2013 12:17 AM AEST

    Commentary: Austerity was a mathematical error? We can now borrow, and print, all the money we need? Turns out, there is a lot more to the story. Mistakes in the war over government debt aren’t limited ...