Articles by: Ivaylo Mihaylov

US stock futures remain high after slightly negative data

The index stock futures remained higher after government data showed the economy grew less than estimates and job claims also raising more than forecasts. Futures on S&P 500 added 0.4% to 1653.7 . GDP of US raised by 2.4% disappointing expectations of 2.5% increase. Job claims climbed by 14 000 comparing to previous period exceeding […] Read more

UK Competition Commission presses on Ryanair

The UK Competition Commission said Ryanair Holdings PLC should reduce its 29.8% stake in the Irish airline company Air Lingus because it is a harm of competition as both companies operate same routes from UK to Ireland. Ryanair is a low cost airline company – a preferable choice for passengers traveling light, has taken advantage […] Read more

European stocks slightly climbing back

European stock market woke up from a three week low before US reports on Q1 GDP. Most European benchmark indexes were slightly or not changed at all. Most of investors consider US bond buying politics to reduce till the end of the year. “The market has been dominated by expectations of Fed tightening” said Daiwa […] Read more

Google challenges Apple with ‘Hero’

The tech giant is going to put Apples iPhone to a test producing a innovative cell phone which is aware of its surroundings and smart enough to anticipate what the user is going to be needing it for. Motorola, a Google subsidiary is going to use a gadget called MotoX in order to drive down […] Read more

Total SA acknowledges foreign bribery

The French energy giant company agreed to pay $400 million acknowledging it payed huge bribes to secure drilling rights in Iran. The CEO is most likely going to face a criminal trial in France. Total accepted the allegations of the Department of Justice as “true and accurate” according to the agreement, but also said it […] Read more

Wednesday’s stock gainers and losers

On Wednesday US tech sector companies closed with a mix of gains and losses. There is still a large amount of uncertainty going on between investors and analysts about easing on government bond buying program. One serious indicator of whether economy is ready for a stimulus reduction is the Q1 GDP data which should be […] Read more

Softbank won national security clearance for US purchase

The Tokyo-based Japanese bank Softbank  Corp. was notified along with Sprint Nextel Corp. by the Committee of Foreign Investment in the US that both companies have been cleared to go ahead with the acquisition. The Japanese bank is supposed to seal a $20.1 billion takeover of Sprint as the bank competed with Dish Network Corp. […] Read more

Facebook turns anti-social on Nasdaq

Facebook  share price plunged 12% this month. On Tuesday company hit their lowest point of the year closing at $24.10 per share.  Right now Facebook stock is down 10% year-to-date comparing to Nasdaq climb of 4% this month and 16% total year raise. Company struggles not only comparing to main US indexes but also to […] Read more

Tuesday market boom

This Tuesday US stock prices, influenced by consumer confidence significant raise and record home price jumping, have been surging. DJIA (Dow Jones Industrial average) returned to record levels, S&P 500 and Nasdaq also jumped by more than half percent. One of the biggest gainers yesterday Tesla Motors – the electric car manufacturer ,reached record level […] Read more

Apple to bet on wearable technology

Apples CEO joined the opening session of the D11 conference – an annual gathering of tech and media specialists.  Cook gave a vast interview answering questions about Apples new products in progress. There have been a recent rumor that company is preparing to launch a new product called iWatch and branded television set. Tim Cook […] Read more