U.S. stocks were little changed, a day after the Standard & Poor’s 500 Index rallied to a seven- month high, as investors weighed an agreement by Greek political leaders on measures needed to secure rescue funds. Visa Inc. (V), the biggest payments network, climbed 5.4 percent as profit soared 16 percent. Akamai Technologies Inc. (AKAM), [...]
Tag Archives: analyst
Are Stocks better than Forex?
February 2, 2012
Forex vs. Stocks Alright, so your lucky numbers came up and you finally hit the jackpot. Now, where should you invest? There are many options for you to consider, but let’s narrow it down to Forex or stocks. At first glance, you might think that this is a no brainer – everyone knows stocks are [...]
European Stocks Sink on Greek Referendum
November 1, 2011
European stocks dropped, for the Stoxx Europe 600 Index’s biggest plunge in four weeks, as the announcement of a Greek referendum spurred concern that the country may default. U.S. futures and Asian shares retreated. Credit Suisse Group AG (CSGN) plunged 8.6 percent, leading a selloff in lenders, after the Swiss bank reported earnings that missed [...]
Wall Street Has Worst Quarter Since Crisis
October 20, 2011
The biggest Wall Street firms posted their worst quarter in both trading and investment banking since the depths of the financial crisis as they face questions about the future of their business. JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Citigroup Inc. (C), Goldman Sachs Group Inc. (GS) and Morgan Stanley posted $13.5 [...]
Fed Could Anger Creditors, Tea Party With ‘QE3′
August 24, 2011
This time last year, Federal Reserve Chairman Ben Bernanke used a speech in Jackson Hole, Wyoming to hint that he was about to unleash a second round of unconventional measures to get more monetary liquidity into domestic the economy. The comments sparked a stampede among investors into risky assets, but following QE2’s failure to kick-start [...]
Size of Gold ‘Bubble’ Now an ‘Absurdity’: Analyst
August 23, 2011
The price of gold hit a fresh all time high of $1,900 an ounce on Tuesday as investors continued to fret over the sovereign debt crisis in the euro zone and its impact on the global banking industry. Having risen by a third since the beginning of 2011 and nearly fivefold since 2004, one analyst [...]
Dell Shares Rise After Corporate Spending Gives Company Edge Over Rival HP
May 18, 2011
Dell Inc. (DELL) rose as much as 5.7 percent in German trading after its profit topped analysts’ estimates, marking the second straight quarter that the company’s results outshined those of rival Hewlett-Packard Co. (HPQ) Net income surged to $945 million, or 49 cents a share, from $341 million, or 17 cents, a year earlier, Dell [...]
European Profit Estimates Fall Most Since 2009
May 16, 2011
Analysts are cutting European earnings forecasts by the most in almost two years just as equities in the region trail U.S. shares by the widest margin since the bull market began. Estimates for Stoxx Europe 600 Index profit growth dropped by as much as 4 percentage points this year, including the biggest three-month reduction since [...]
UBS Attracts Highest Inflows Since 2007 as Profit Tops Estimates
April 26, 2011
UBS AG (UBSN), Switzerland’s largest bank, attracted the most new money from wealthy customers since the end of 2007 and reported first-quarter profit that beat analysts’ estimates. UBS rose as much as 6.1 percent in Swiss trading, the biggest gain since July, after wealth management and retail clients added a net 16.7 billion francs ($19 [...]












February 9, 2012
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