Search Results for: Shares
Bank of China Hires in Hong Kong as High-Yield Bond Trade Starts
July 16th, 2014
Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position as one of Asia’s top 10 debt underwriters. Surging sales ...
The Inverted World of Mobile Capital
July 16th, 2014
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 ...
European Stocks Climb on Chinese Economic Growth Report
July 16th, 2014
European stocks advanced, rebounding from yesterday’s decline, as a report showed China’s economy expanded in line with the government’s target. U.S. index futures and Asian shares were little changed. Gtech SpA gained 3 percent after agreeing to buy International ...
Asia stocks manage muted cheer for China growth
July 16th, 2014
Asian stocks held stubbornly steady on Wednesday after China reported economic growth that was just ahead of market expectations, enough to prompt a sigh of relief from investors, but little else. China’s economy expanded by 2.0 percent in the ...
Technical Analysis EUR/USD tests two-year up-trend
July 16th, 2014
Technical Analysis EUR/USD for 16/07/2014 Pair’s Outlook As suspected, EUR/USD failed to cross the resistance represented by the monthly PP, down-trend and 55-day SMA. As a result, the currency pair is now testing the support at 1.3568/54, created by ...
Intel stock leaps 4.5% afterhours on earnings news
July 16th, 2014
The chip-making giant reported second-quarter earnings after the close on Tuesday. Here’s what you need to know: The stock: Shares in the member of the Dow Jones Industrial Average have been near a 10-year high. They bounced 2.2% higher ...
Alibaba IPO Update
July 16th, 2014
Investors were given an update on the Alibaba IPO on Tuesday, when Yahoo! Inc. (Nasdaq: YHOO) reported second-quarter earnings. Yahoo owns a 24% stake in Alibaba Group Holding Ltd. (NYSE: BABA) and will be selling a large percentage of ...
U.S. court revives BP retirement-plan suit filed after oil spill
July 16th, 2014
A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. The ...
Japan Leads Global Volatility Decline to Seven-Year Low
July 15th, 2014
Across global stock markets, nowhere is calm descending faster than in Japan. The Nikkei Stock Average Volatility Index, which tracks the cost of options on the Nikkei 225 (NKY) Stock Average, tumbled 33 percent this year to 15.3 yesterday, ...
Bank Earnings Give Stocks a Boost
July 15th, 2014
A better-than-expected earnings report from Citigroup C +3.02% helped kick-start a rally in stocks, lifting market indexes nearly back to levels seen before last week’s swoon. Many investors remain optimistic about the outlook for stocks broadly, amid improving U.S. ...
