Wednesday 4 March 2015

Asia Stocks: Latest Quotes

Here are the latest trading levels for Asia’s major stock markets: Tokyo (Nikkei Average ) up 0.2% ; Hong Kong (Hang Seng Index ) down 0.6% ; Shanghai (Shanghai Composite Index ) down 1% ; Sydney (S&P/ASX 200 ) down 0.5% ; Seoul (Kospi ) up 0.1% ; Taipei (Taiex ) down 0.1% Copyright © 2015 MarketWatch, Inc.

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Media companies shares mixed at the close of trading



Shares of some top media companies were mixed at the close of trading: Comcast Corp. rose $.47 or .8 percent, to $60.43.

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Telecom companies shares down at the close of trading



Shares of some top telecom companies were down at the close of trading: AT&T Inc. fell $.41 or 1.2 percent, to $34.00.

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Countdown to Tax Day: A Six-Week Prep Guide for April 15


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Chinese Stocks Retreat After China Cuts Growth Target



Hong Kong and Shanghai stocks both retreated Thursday morning, after China cut its growth target for 2015 earlier in the day.

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Man Can’t Sue Applebee’s For Getting Burned While Praying Over Fajitas




TRENTON, N.J. (AP) — A New Jersey appellate court says a man cannot seek damages for burns he suffered while bowing his head in prayer over a sizzling steak fajita skillet at a restaurant.

The ruling made public Wednesday upheld a lower court ruling that dismissed his lawsuit. The man claimed a waitress didn’t warn him the dish was hot, but the lower court found the food posed an “open and obvious” danger. It happened in 2010 at an Applebee’s in Burlington County.


The man said he bowed his head, then heard a loud sizzle followed by a grease pop. He then felt a burning sensation in his left eye and on his face.


The man said he panicked and knocked the food on his lap, causing more burns. The burns didn’t cause scarring.


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Claman on Call: Defending Exchanges Against Cyber Hacks




Welcome to Claman on Call. The markets might be closed but FOX Business is always on call.

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What Top Hedge Fund Managers Really Think About Gold

In BIG GOLD, I interviewed a plethora of experts on their views about gold for this year. The issue was so popular that we decided to republish a portion of the edition here. Given their level of success, these fund managers are worth listening to: James Rickards, Chris Martenson, Steve Henningsen, Grant Williams, and Brent Johnson. Some questions are the same, while others were tailored to their particular expertise.



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The LBMA Gold Price will replace the Gold Fixing Price

While we are waiting for the details on the ECB's QE (will be published on Thursday) and the U.S. non-farm payroll report (will be revealed on Friday), it is worth analyzing a piece of news which passed almost unnoticed. The long established London Gold Fix is going to be replaced by the new electronic LBMA price-discovery process on March 20th this year. Why do we believe that all gold investors should be aware of that fact?



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Pharrell tells jury he didn't copy Marvin Gaye's music for hit song 'Blurred Lines'

Grammy-winning singer Pharrell Williams says he wasn't trying to copy the late Marvin Gaye's music for the hit song "Blurred Lines," but he was trying to evoke the feeling of late 1970s tunes.



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Upscale hotel chain Mandarin Oriental confirms it is investigating potential credit card theft

Upscale hotel chain Mandarin Oriental says it is investigating a potential credit card breach at its hotels.



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Spock, Debt and the Kingdom of Denmark




In Thoughts from the Frontline, I am in the middle of writing a series on debt. I realized on Sunday that the second installment wasn’t ready for prime time, so I will work on it some more and send it out (hopefully) this coming weekend. In the meantime, in keeping with the theme of debt, for today’s Outside the Box we have the following issue of The Credit Strategist from the ever-insightful Michael Lewitt. Michael starts out musing on debt and then shares a number of useful thoughts on a variety of market topics, with his usual panache.

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