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Stock Market & Financial Investment News

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November 20, 2012
06:12 EDTEADSY, WMT, RDS.A, XSRAY, XOM, GLNCYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Federal labor officials said their top priority is to decide whether to seek an injunction on behalf of Wal-Mart Stores (WMT) which filed a complaint last week to stop worker protests at its stores over the Thanksgiving holiday, the Wall Street Journal reports...The SEC is stepping up oversight of stock exchanges as they scramble to catch up to trading advantages that some say have developed for sophisticated clients at the expense of ordinary investors, the Wall Street Journal reports...REUTERS: Shareholders in commodity trader Glencore (GLNCY) voted overwhelmingly in favor of its $31B takeover of miner Xstrata (XSRAY), Reuters reports...Germany and France reached agreement under which each government would hold a 12% stake in EADS (EADSY) moving forward, according German newspaper Handelsblatt, Reuters reports...BLOOMBERG: Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and their partners in Kazakhstan’s Kashagan oil field face a delay of at least two years on a plan to boost output 20% percent, reducing the time they have to recoup costs in the $46B project that’s already running eight years late, sources say, Bloomberg reports...The 12 year rally in gold is set to continue next year as central bank stimulus spurs investors from John Paulson to George Soros to accumulate the highest combined bullion holdings ever, Bloomberg reports.
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April 10, 2014
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