Archive for September, 2013

DoubleLine’s Gundlach calls Indian stock market ‘scary’

September 11, 2013
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By Sam Forgione NEW YORK (Reuters) – Jeffrey Gundlach, chief executive of DoubleLine Capital LP, on Tuesday gave a strongly negative outlook for the Indian stock market, saying it could be hit especially hard by outflows of funds from emerging markets on expected changes in monetary policy by major central banks.
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Syria: We will stop producing chemical arms

September 10, 2013
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BEIRUT (AP) — Syria‘s foreign minister says President Bashar Assad’s regime will declare its chemical weapons arsenal and sign the chemical weapons convention.
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Obama to Congress on Syria: Give it time and don’t undermine the process

September 10, 2013
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President Barack Obama traveled to Capitol Hill on Tuesday where he urged senators to provide time for diplomatic discussions regarding Syria‘s chemical weapons stockpiles by delaying a vote on a resolution authorizing military force, lawmakers said after the meeting.
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S&P 500 gains for sixth straight session, Apple falls

September 10, 2013
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By Ryan Vlastelica NEW YORK (Reuters) – Stocks rose on Tuesday, with the S&P 500 index advancing for its longest stretch since early July, as an alternative proposal emerged that could avert a possible Western military strike on Syria.
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Upstart analyst says Kinder ‘starves’ assets for investors

September 10, 2013
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By Anna Driver HOUSTON (Reuters) – An analyst who has drawn criticism from Wall Street for making incendiary comments about Kinder Morgan claimed on Tuesday the U.S. pipeline company has cut maintenance work to boost cash distributed to investors in its partnerships.
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GOP leader McConnell: No on Syria

September 10, 2013
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Breaking his silence on Syria, Republican Senate Minority Leader Mitch McConnell revealed Tuesday that he will oppose a resolution giving President Barack Obama the authority to unleash military strikes.
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Senators recasting – not scrapping – Syria legislation

September 10, 2013
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Key senators are recasting — not abandoning — legislation that could set the stage for war with Syria, sources familiar with the process said Tuesday, meaning Congress may still have to vote on the deeply unpopular issue.
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Stocks rise, oil falls as Syria threat fades

September 10, 2013
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NEW YORK (AP) — Stocks are opening higher on Wall Street and the price of crude oil is falling after Syria agreed to give up its chemical weapons.
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Wall Street rises on proposal to avert Syria strikes

September 10, 2013
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By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks rose on Tuesday as an alternative solution emerged to the Syrian crisis that could avert a possible Western military strike, buoying market sentiment.
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What Obama needs to say in Syria address

September 10, 2013
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WASHINGTON (AP) — President Barack Obama is grasping all his tools of persuasion in trying to turn around public opinion and rally congressional support for a strike against Syria. He’s got tricky ground to cover in his Oval Office address Tuesday night and acknowledged on the eve of it that Americans don’t back his...
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