Market News

STOCK markets in most of China declined anew Wednesday following a survey that indicated manufacturing output in the second largest economy in the globe remains to contract this month, while the Australian currency fell to its 2-week low after data bared low inflation.

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THE Aussie currency dipped versus all its major counterparts following data that indicated the nation’s consumer prices grew less than economists have predicted.

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AT&T – The wireless carrier posted its first-quarter earnings per share of $0.71 on $32.5 billion in total revenue, against estimates of EPS of $0.70 on $32.47 billion in total sales. The company’s shares fell during after-hours trading.

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Gold remained steady Wednesday but hovered near its lowest level in over 2 months with stronger equities affecting the precious metal’s safe-haven appeal while outflows from bullion funds indicate weak investor appetite.

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Cbeyond Inc. (CBEY) has hit a new high of 9.85 above a previous 52-week high of 9.60. Cbeyond Inc. now trades at $9.80 + 2.72 (38.43 percent) on 11,609,830 total share volume.

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These stocks are hitting new 52-week highs at the close as of April 21, 2014, 4:15 P.M. Cbeyond Inc. (CBEY) has hit a new high of 9.85 above a previous 52-week high of 9.60. Cbeyond Inc. now trades at $9.80 + 2.72 (38.43 percent) on 11,609,830 total share volume. Empire Resorts Inc (NYNY) has hit [...]

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Advanced Micro Devices Inc. (AMD) now trades at $4.16 + 0.47 (12.74 percent). Advanced Micro Devices Inc. is +1.98 percent for the past 30 days, +7.49 percent year-to-date, and +66.80 percent over the last 12 months.

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Allergan Incorporated (NYSE: AGN) now trades at $159.01 up 12.1 percent during After Hours trading on 1,170,050 total share volume. The company now trades 13.26 percent above its fifty-day moving average and 37.08 percent above its 200-day moving average. AGN is 5.65 percent above its 52-week high and 74.85 percent above its 52-week low.

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Rambus Incorporated (NASDAQ: RMBS) now trades at $11.3 down -8.0 percent during After Hours trading on 72,475 total share volume. The company now trades 21.01 percent above its fifty-day moving average and 31.77 percent above its 200-day moving average. RMBS is -2.23 percent below its 52-week high and 116.17 percent above its 52-week low.

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Currency Shares British Pound Sterling Tr (NYSE: FXB) now trades at $165.29. FXB is trading 0.95 percent above its fifty-day moving average and 4.01 percent above its 200-day moving average. This currency share is -0.13 percent below its 52-week high and 13.01 percent above its 52-week low. This exchange traded fund is looking to perform similar to the foreign exchange pair GBP/USD.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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