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Asia Pacific Markets
Jun 17 2013 | 8:51 AM | Posted by:

Technological advances are making virtual conferences increasingly acceptable as a way to augment an IR program built around in-person investor meetings.

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US Market Structure
Jun 4 2013 | 4:07 PM | Posted by:

Big data is transforming our lives and the way we think. It is also transforming our financial markets. NYSE Euronext’s Universal Trading Platform makes the point.

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The Latest Posts
June 19, 2013
The Bell
Jun 19 2013 | 12:11 PM

 
On Wednesday, June 19 Kiehl’s USA President Chris Salgardo, along with Marvel Entertainment SVP and Chief Financial Officer Chris Acquaviva and Marvel Entertainment Editor Bill Rosemann, will visit the New York Stock Exchange and ring The Opening Bell® to promote Kiehl’s Since 1851’s latest innovation in men’s skin care, Facial Fuel “Heaving Lifting.”  “Heaving Lifting,” the most recent addition to Kiehl’s Facial Fuel franchise, is a clinically-demonstrated anti-aging treatment specifically devised for men’s thicker, coarser skin.
 
Kiehl’s has partnered with Marvel Custom Solutions and enlisted Captain America for a Limited Edition Comic Book to launch its newest men’s product.  The 12-page story, set in Kiehl’s historic New York Flagship store, delivers an action-packed adventure and is...
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Governance & Proxy
Jun 19 2013 | 11:27 AM

Executive compensation, board leadership and the environment were top issues again during this year’s proxy season. What used to be a few months effort for companies and their shareholders, prepping for the annual shareholder meeting has become a full-on, year-round focus for most companies. Dodd-Frank, investors who are increasingly engaged, and a heightened focus on governance (e.g. say-on-pay), have created a perfect storm. For some insight into 2013 management/shareholder proposals and vote tallies, please see our proxy analytics report

In the second of our proxy interview series, I spoke with Ning Chiu of Davis Polk & Wardwell LLP.

McLevey/NYSE Euronext: The 2013 proxy season results seem pretty steady,...

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VP, Corporate Actions & Market Watch
The Bell
Jun 19 2013 | 9:55 AM

 
On Tuesday, June 18 executives and guests of Toledo, Ohio-based Libbey Inc. (NYSE MKT: RIG), one of the largest manufacturers of glass tableware in the world, will visit the New York Stock Exchange (NYSE) to celebrate the Company's original listing on the NYSE 20 years ago to the day and its 125th anniversary of continuous production at its Toledo, Ohio, manufacturing facility. CEO Stephanie Streeter and CFO Sherry Buck, joined by members of Libbey's senior leadership team and Toledo and Shreveport employees who were winners of an employee contest, will ring the NYSE Closing Bell to mark this company milestone.
 
About Libbey Inc.
Based in Toledo, Ohio, since 1888, we believe Libbey Inc. is the largest manufacturer of glass tableware in the western hemisphere and one of the largest glass...
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NYSE MAC Desk
Jun 19 2013 | 9:48 AM

From The Trading Floor: Stocks are drifting cautiously into negative territory this morning after the S&P reached a high for the month, as traders awaited word from the Fed meeting that indicated when they planned to scale back the stimulus



  • Mortgage applications in the U.S. decreased last week by -3.3% as borrowing costs rose holding refinancing’s in check

  • Japanese merchandise trade exports rose 10.1% in May from the previous year after a 3.8% advance in April, topping estimates of 6.4% growth. Imports only rose 10% in May, below consensus estimates for an 11% advance.

  • Today's release of the minutes from the latest Bank of England monetary policy meeting revealed that the Monetary Policy Committee voted 6-3 to keep the central bank's asset purchase target unchanged at 375 billion pounds. Some members were in favor of increasing it, though, and the pound fell on the news.

  • Concerns over a...
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Posted by: Charles Brown
Managing Director, The Capital Markets Desk
Ahead of the Bell
Jun 19 2013 | 8:01 AM

Ahead of the Bell: Dow futures are trading down 13 points and S&P futures are trading down 2 points. Once again the focus will be on the Federal Reserve as investors await clarity on the central bank's next policy move.  The FOMC will announce its decision at 2 p.m., followed by a news conference with Fed Chief, Ben Bernanke. Market participants are speculating the agency will maintain its bond-buying program at $85 billion a month, while keeping its options open on whether to roll back its stimulus program. The chairman is also likely to be quizzed on his future as the head of the Federal Reserve and who his possible successor might be.



  • On the economic calendar today, no major reports are scheduled to be released.  The dollar is up against the major currencies.  Gold is trading at $1,366. Crude oil is currently trading at $98 a barrel. 

  • Yesterday,...
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Posted by: Parasnand Madho
Director, Market Watch & Corporate Actions