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Greece Bailout Talks Grind To A Halt, Markets Reconsider Possible 'Grexit'
Tuesday, February 17, 2015 - 3:40pm | 392Read More...Markets around the world were on edge Tuesday morning after Greece and the European Union were unable to come to an agreement at Monday’s meeting regarding the nation’s funding issues. The collapse of negotiations was troubling for investors who have been underestimating the...
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European Markets In For A Roller-Coaster Weekend
Thursday, January 22, 2015 - 4:12pm | 443Read More...The eurozone is primed for a long weekend of volatility as the European Central Bank held its policy meeting earlier Thursday. Three days later, Greece will head to the polls to elect a party into power. Both events are highly charged, as investors wait on pins and needles to see how one of...
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Elon Musk Isn't The Only Colorful CEO; Here Are 2 More
Tuesday, January 13, 2015 - 9:36pm | 479Read More...Tesla Motors Inc’s (NASDAQ: TSLA) CEO Elon Musk spoke at the Automotive News World Congress in Detroit on Tuesday. Among the topics Musk discussed included Tesla's financials, the Model X, global demand and...space. Related Link: Kelley Blue Book Analyst: Chevrolet Is Ready To Take On...
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Deflation In The Eurozone Could Hurt These 3 Companies' Expansion Efforts
Friday, January 9, 2015 - 1:57pm | 399Read More...Data out Wednesday confirmed what many have been fearing; the eurozone slipped into a period of deflation in December. The report showed that consumer prices in the bloc fell 0.2 percent from a year earlier, a worrying sign that the region’s financial troubles may continue to worsen. If...
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Sterne Agee: Fed Committed On International Growth And Domestic Inflation
Friday, November 21, 2014 - 11:30am | 310Read More...Lindsey Piegza, Sterne Agee's chief economist commented earlier this week on the Fed's October meeting minutes. While the minutes offered no specifics of a timeline for rate increases, it focused mostly on new barriers to rate hikes. “In the September minutes, international...
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JPMorgan Recommends Being Underweight U.S. Equities & Overweight E.U. Equities
Monday, November 17, 2014 - 1:01pm | 290Read More...Mislav Matejka, JPMorgan's London-based equity strategists is recommending clients allocate their portfolios Overweight eurozone equities at the expense of U.S. equities. "Eurozone has posted an exceptionally poor performance year to date, lagging the U.S. by 22 percent in U.S. dollar...
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Dow Finishes Down 100+ Points For Second Consecutive Day
Tuesday, September 23, 2014 - 4:57pm | 675Read More...For the third consecutive day, stocks continued lower. This time it is on weak European economic data and concerns about increased U.S. involvement in Middle Eastern conflict. Major Averages The Dow Jones Industrial Average fell 117 points, or 0.68 percent, to 17,056. The S&P 500...
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Brent Under Pressure From Subdued Global Demand
Thursday, August 21, 2014 - 9:17am | 347Read More...Brent crude oil traded steadily below $102 on Thursday morning as investors continued to worry about oversupply rather than focusing on instability across the globe. The commodity traded at $101.64 at 8:50 GMT following the release of disappointing data from both the eurozone and China. China...
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Dow Posts Triple-Digit Point Gain; S&P 500 And NASDAQ Also Higher As Global Concerns Calm
Monday, August 18, 2014 - 4:59pm | 2150Read More...U.S. stocks gained as geopolitical tension eased as the Nasdaq finished the day at a 14-year high. Russia stated that it settled a dispute over a humanitarian aid convoy to Ukraine while a five-hour meeting between officials of both countries may have brought about moderate progress. In Iraq...
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Eurozone PMI Confirms Patchy Recovery
Tuesday, June 24, 2014 - 9:01am | 393Read More...The euro was steady at $1.3602 at 5:30 GMT on Tuesday morning after a rocky start to the week on Monday. The common currency was weighed down by tepid PMI data which indicated that the region's sluggish recovery was continuing to stall. The Wall Street Journal reported that the eurozone'...
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Bond Market Week Ahead: ECB Pressure Should Keep T-Bill Rates Steady At Auction; Retail Sales Data Due
Monday, June 9, 2014 - 11:07am | 527Read More...With a light calendar of releases, the U.S. Treasury market is expected to remain flat ahead of two key measures on the economy coming out later in the week. A report due Thursday is expected to show retail sales in the U.S. climbed 0.6 percent in May, up from the 0.1 percent gain in April....
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Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809Read More...U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
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Market Wrap For May 2: Markets Slip On Ukraine Tensions Despite Positive Jobs Data
Friday, May 2, 2014 - 4:58pm | 2049Read More...U.S. stocks declined as tensions continue to mount in Ukraine. Russia requested an emergency session with the United Nations Security Council over a recent operation conducted by Ukraine where at least seven people were killed in the town of Slavyansk. Ukraine's interim President Oleksandr...
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Eurozone Unemployment Rate Down Slightly In March
Friday, May 2, 2014 - 2:30pm | 414Read More...The eurozone's economy is showing some vitality, after several stunning years of financial setback. Eurostat, the European Union's statistics office, reports the euro area's seasonally-adjusted unemployment rate was 11.8 percent in March. That figure has remained stable for the last four months...
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Apple Issuing More Bonds to Fund Increased Buyback
Monday, April 28, 2014 - 10:52am | 503Read More...You knew it was coming. Even if the company didn't indicate it on its conference call, after Apple (NASDAQ: AAPL) announced a $30 billion increase in its buyback program and an eight percent increase in its dividend, there was no doubt the company would head back to the debt market. The...













