-
Earnings Season Boosts Confidence; S&P Trades At Record Highs
Tuesday, July 22, 2014 - 4:40pm | 2810Read More...U.S. stocks rose as earnings season continues to impress with companies like Comcast, Chipotle Mexican Grill and Verizon reported positive results. The National Association of Realtors reported existing home sales rose better than expected. helping propel stocks higher despite global...
-
Investors Focus On Earnings Rather Than Geopolitical Tensions
Friday, July 18, 2014 - 6:08pm | 2627Read More...U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...
-
3 German Stocks For Your Portfolio After The World Cup Win
Wednesday, July 16, 2014 - 8:11am | 970Read More...In the wake of a scintillating, extra-time 1-0 victory over superstar-laden Argentina, the German national soccer team emerged as World Cup champions this past weekend. After playing to a draw in the first ninety minutes of the historic matchup, Germany's young star Mario Gotze broke the...
-
Markets Close Higher Ahead Of Busy Earnings Season
Friday, July 11, 2014 - 4:40pm | 2373Read More...U.S. stocks rose ahead of next week's busy earnings schedule, but still finished lower for the week. On Tuesday, Yahoo! and Intel kick off earnings in the tech sector with eBay following on Wednesday. Investors will also see results from Citigroup, Goldman Sachs and JPMorgan Chase in the...
-
Markets Little Changed Ahead Of 4th Of July Break
Wednesday, July 2, 2014 - 4:34pm | 2100Read More...U.S. stocks were little changed despite an ADP jobs report showing better-than-expected numbers. The ADP report comes ahead of the non-farm payrolls due on Thursday. Analysts are expecting the payrolls to confirm 212,000 jobs were added in June. The markets will close at 1:00 p.m. on Thursday...
-
Market Wrap For June 18: Markets Rally On Fed Comments And Tapering
Wednesday, June 18, 2014 - 4:34pm | 2069Read More...U.S. stocks rose as investors and traders digested comments from the Federal Reserve. The Federal Reserve Open Committee announced that it will further taper its asset purchases by another $10 billion. The Fed is now committing towards purchasing $35 billion of assets per month. The Fed also...
-
Market Wrap For June 17: Markets Higher Ahead Of Fed Decision
Tuesday, June 17, 2014 - 4:30pm | 1799Read More...U.S. stocks were slightly higher following encouraging economic May data coming in a day before the Federal Reserve concludes its two day meeting regarding its monetary policy. It is possible the Federal Reserve will announce on Wednesday that it is lowering its monthly asset purchases to $35...
-
Cyprus Capital Controls to Freeze Deposits, Restrict Offshore Transfers
Wednesday, March 27, 2013 - 11:07am | 717Read More...Cyprus is set to announce capital controls for its ailing banking system late Wednesday ahead of the banks reopening Thursday. Cypriot banks have remained closed for nearly two weeks as the nation is gripped by a financial crisis and has recently just accepted a draconian Troika bailout to ease its...
-
Redwood's Kolatch at Ira Sohn Likes Argentina
Wednesday, May 16, 2012 - 2:01pm | 85Read More...Earlier, Redwood Capital Management's Jonathan Kolatch spoke at the Ira Sohn investment conference. Redwood focuses on investing in distressed debt. Kolatch stated that he liked Argentina. He said that the country's restructuring in 2005 was bullish for the country, as the Argentinian government...
-
New Tensions Between the UK and Argentina Arise Over Oil
Tuesday, January 3, 2012 - 9:12am | 977Read More...An old tension between Britain and Argentina has returned over the disputed Falkland Islands. The issue arose over a discussion among the Mercosur countries (the commercial alliance created in 1991 between South American states such as Brazil, Argentina, Uruguay and Paraguay, then enlarged to...
-
How to Trade on Greek Riots Against Austerity Measures
Thursday, October 20, 2011 - 8:24am | 821Read More...Much of Greece has been shut down for the second day in a row as Greek citizens protest against an upcoming parliamentary vote on yet another round of austerity measures. Passage of the latest round of austerity measures being debated in parliament is necessary in order for the Greek government to...
-
How to Profit from Moody's Downgrade of Greek Debt
Monday, July 25, 2011 - 9:15am | 664Read More...Ratings agency Moody's Investors Service has downgraded Greek sovereign debt yet again. Moody's downgrade of Greek debt to "Ca" from the previous rating of "Caa1" makes Greece the lowest rated country in the world covered by the ratings agency. Although the agreement reached by European leaders...
-
Sarkozy Thinks Commodity Regulation Will Solve Price Problems
Tuesday, June 14, 2011 - 1:41pm | 418Read More...French President Nicolas Sarkozy spoke on Tuesday at the European Union's headquarters in Brussels. In his speech, he called for tighter controls on derivatives trading in commodity markets. Sarkozy remarked that the world had worked hard to restore economic growth after the global financial...
-
Facebook Approaching 700 Millionth User
Tuesday, May 31, 2011 - 9:20am | 163Read More...If Sony (NYSE: SNE) could go back in time and re-market The Social Network with current information, the film's tagline would have read, “You can't make 700 million friends without making a few enemies.” That's right Facebook users, Business Insider reports that the social network that everyone...
-
DirecTV a Buy on Latin American, NFL Strength (DTV)
Friday, September 10, 2010 - 10:33am | 147Read More...Wunderlich Securities continues to recommend a Buy rating for DirecTV (NASDAQ: DTV) at a $46 price target in a research report released Friday. Part of their reasoning stems from DirecTV’s inroads into Latin America, now having over one million customers in Argentina and gaining ground in other...
