Search Results for: Standard & Poor
Argentina’s credit rating follows further cuts
July 31st, 2014
Standard & Poor’s on Wednesday cut its credit rating on Argentina’s foreign-currency sovereign debt to “selective default” even as talks between officials from Latin America’s No. 3 economy and a group of holdout creditors continued in New York. S&P ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
U.S. Stock-Index Futures Are Little Changed Before FOMC
July 29th, 2014
U.S. stock-index futures were little changed, as investors weighed company earnings and the Federal Reserve starts a two-day policy meeting. Herbalife Ltd. (HLF) sank 11 percent in early New York trading after posting quarterly earnings that missed estimates. Aetna ...
U.S. companies search for growth overseas
July 28th, 2014
Big U.S. companies are searching for corporate growth overseas for better financial opportunities. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their ...
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 ...
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 ...
Hong Kong Leads Asian Equities Higher
July 22nd, 2014
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...
Fund managers unconvinced by Apple rebound as firm readies results
July 22nd, 2014
Apple, once a can’t-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. The company’s shares are up 17 percent for the year, nearly three times the performance of the benchmark Standard & ...
Markets to Remain Concerned over China’s Debt
July 22nd, 2014
China’s debt has soared to two and a half times its economy, Standard Chartered estimates, highlighting the difficulties Beijing faces in balancing growth with the risk of bubbles forming in its economy. Total financial credit has surged to 251 ...
Europe Stocks Fall With Russia, Commodites; Rupiah Gains
July 21st, 2014
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...