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LSE: FTSE 100 index steady, US data in focus

April 2, 2014 8:34 am
Most European stocks were on the rise on Wednesday, lifted by German shares, and Britains FTSE 100 index swung between gains and losses after a report showed growth in British house prices slowed for a third straight month, albeit marking the biggest annual rise in four years. Market players eyed upcoming employment data from the […] Read more

LSE: FTSE 100 index starts Q2 higher on US, China stimulus, Eurozone PMIs

April 1, 2014 8:54 am
Global equities, along with Britains headline index, edged higher at the start of Q2 amid renewed expectations for stimulus in China and dovish comments by Fed Chief Janet Yellen. Markets also drew support as manufacturing activity in the euro area expanded for a ninth straight month, with most of its leading economies posting better-than-expected performance. […] Read more

Caterpillar Inc. share price steady, accused by Senate investigative committee of “shifting” profits

April 1, 2014 8:01 am
A Senate investigative committee released a report today, revealing that 2.4 billion dollars in taxes were avoided to be paid by Caterpillar Inc. in the U.S. through a corporate restructuring, under which the company shifted most of its profits from overseas replacement-part sales to a subsidiary in Switzerland. Caterpillar Inc., which is currently considered as […] Read more

General Motors Co. share price down, faces new questions about recalls

April 1, 2014 6:33 am
The explanation of General Motors Co. why it is expanding the recall of models made between 2008 and 2011 is being questioned by congressional investigators. Yesterday the company announced that it is withdrawing more vehicles. In addition, General Motors Co. has more than doubled the costs estimates of the recalls during the first quarter. As […] Read more

KKR & Co. LP share price up, supports a European train leasing venture

March 31, 2014 2:58 pm
KKR & Co. LP is planning to support a European train leasing venture to tap the liberalization of rail traffic in the region. The new company European Locomotive Leasing, which is based in Germany and Austria, made a deal for the acquisition of 50 Vectron electrical locomotives from Siemens AG. The price of the agreement […] Read more