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Bitcoins Can’t Shake Bubble Image in Poll After 45% Drop

July 18th, 2014 (0)
Bitcoins, which lost 45 percent of their value after skyrocketing to more than $1,100 last year, are poised to tumble further, according to the latest Bloomberg Global Poll of financial professionals. Fifty-five percent of those surveyed said the virtual ...

Google earnings miss; revenue jumps at Play

July 18th, 2014 (0)
Google, still the king of online advertising, reported surging second-quarter revenue, but heavy spending pushed its earnings below Wall Street expectations. ​”This is a quarter that has something for everyone: the bulls and the bears,” BGC Partners analyst Colin ...

U.S. Oil Trade Imbalance With Canada Shrinking

July 18th, 2014 (0)
Thanks in large part to its energy-rich oil sands, Canada exports 10 times more oil to the United States than the United States exports to Canada, but that balance has begun to shrink, primarily because of the recent U.S. ...

S&P 500 Dividends Poised for Years More Growth

July 17th, 2014 (0)
Dividends paid by Standard & Poor’s 500 Index companies will climb almost as much in the next five years as they did during the last four, according to Rod Smyth, RiverFront Investment Group LLC’s chief investment strategist. The comparison ...

ECB will reveal unprecedented amount of data after bank stress tests

July 17th, 2014 (0)
The European Central Bank (ECB) on Thursday laid out plans to publish a trove of data on individual banks – ranging from measures of their leverage to a standard level of non-performing loans – on individual banks when it ...

U.S. sanctions set to slow Rosneft’s dollar debt, not oil deals

July 17th, 2014 (0)
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world’s crude and over 8 percent of the country’s GDP. ...

U.S. foreclosure activity hits lowest level since 2006: RealtyTrac

July 17th, 2014 (0)
Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the first half of next year, an industry group said on ...

Unemployment in Britain Falls to 6.5 Percent

July 16th, 2014 (0)
British workers’ earnings grew at the slowest rate on record in the three months to May, one gauge showed, even as unemployment fell further, giving the Bank of England pause for thought as it prepares to start raising interest ...

The Inverted World of Mobile Capital

July 16th, 2014 (0)
A growing number of American companies are seeking to move their legal headquarters abroad by acquiring or merging with foreign companies. In the latest case, Medtronics plans to acquire Irish-based Covidien, a much smaller company spun off by US-based ...

Parliament elects Jean-Claude Juncker as Commission President

July 15th, 2014 (0)
The European Parliament has issued a press release announcing the election of Jean-Claude Juncker as Commission President. With 422 votes in favour, the European Parliament elected Jean-Claude Juncker in a secret ballot on 15 July as President of the new ...
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