Search Results for: Markets
Gold Under Pressure, Dips Under $1300
July 24th, 2014
Gold has dipped under the key level of $1300, as the spot price stands at $1298.67 per ounce late the European session. The metal has now slipped about 2% in little over a week. In the US, Unemployment Claims ...
McDonald’s Growth Troubles Don’t Go Down Well With Analysts
July 24th, 2014
As McDonald’s Corporation (NYSE:MCD) continued to see its sales suffer in main markets such as the U.S., Germany, Japan and Australia, market analysts downgraded the fast-food giant’s stock on Wednesday, after the Illinois-based company posted a disappointing second-quarter profit, ...
Stock futures mixed Thursday
July 24th, 2014
Stock futures were mixed Thursday ahead of the opening bell. Here is where major market indexes stood before the start of regular trading (Last updated 4:10 a.m.) Dow: – 0.13% S&P 500: – 0.11% Nasdaq: +0.02% Asian markets were ...
Saudi market opening for direct access a boost to MENA
July 24th, 2014
Following a cabinet approval, the largest equity market in the MENA region, the Kingdom of Saudi Arabia, should soon become open for direct foreign investments. The move would finally come to pass once the Capital Market Authority (CMA) formalises ...
U.S. Stocks Rise as Apple Rallies With Health-Care Shares
July 23rd, 2014
U.S. stocks roes, with the Standard & Poor’s 500 Index at an all-time high, as Apple Inc. results boosted technology companies and health-care shares rallied amid earnings. Apple surged to the highest since 2012 after signaling the long wait ...
SEC set to end $1 a share for some money funds
July 23rd, 2014
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors. The idea is ...
13 stocks with over-the-moon price targets
July 23rd, 2014
Everyone can use a good goal to shoot for. And there’s nothing wrong with shooting for the moon. But some Wall Street analysts are giving stocks lofty targets that blur the line between ambitious and astronomical. There are 13 ...
Research: Trends & Conclusions
July 23rd, 2014
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...
Bank of England unease grows despite keeping rates at 0.5%
July 23rd, 2014
Bank of England policymakers are growing increasingly uneasy at leaving interest rates at a record low of 0.5%, minutes of their latest meeting revealed. The public record of the July meeting of the Bank’s monetary policy committee (MPC) showed ...
Russian Billionaires Have Lost More Than $14B Since January
July 23rd, 2014
Russia’s wealthiest have lost billions of dollars since the beginning of the year, as Western sanctions against the country over its involvement in Ukraine continue tightening their grip over the weak economy. Russia’s 19 billionaires have lost $14.5 billion ...