Cisco beats estimates

May 16, 2013 8:43 am
Cisco Systems Inc., the largest computer networking manufacturer, reported 14.5% profit raise from last year. The boost in quarterly sales led to a similar boost in earnings per share. The world leading computer gear maker struggled in recent years because of low demand and severe competition.Thousand of jobs had to be cut in a attempt […] Read more

US industry indexes’ standstill

May 15, 2013 1:46 pm
US stock futures pointed slightly lower levels than predictions, following a negative manufacturing news. The PPI (Producer Price Index) stands almost on same level as predicted (-0.7%). But thats not the case with industrial production which comes down to -0.1% from previously predicted +0.5%.The capacity factor slightly dissapoints predictions falling to 77.8%. The most significant […] Read more

UK stocks breath holding before US industry data

May 15, 2013 10:58 am
The UK benchmark index FTSE 100 (UKX) commited the highest raise in more than 5 years. Easyjet Plc (EZJ) stated forecasts for improvement in profitability for the whole year and their stock advanced by 5.9%. Stock Exchange Group Plc beat analyst predictions and raised by 2.6 percent. There were some speculations on Washington to show […] Read more

Sony’s forecasts and the new PS4

May 15, 2013 8:06 am
After todays announcements of latest companys earnings Sony forecasts operating profit to stay steady till March 2014. Last year Sony reached its highest in 5 years due to the weakening yen which boosted sales. The weak currency made Sonys products more pricely competitive in consumer electronics business. Sonys operating profit this year reached $2.33 billion […] Read more

David Tepper called US banks a “good” sector

May 14, 2013 3:20 pm
The hedge fund-manager David Tepper boosted US small business confidence as commenting on S&P 500 eight record over past nine sessions. Bank of America and Citigroup inc. rose by 1.3%, S&P 500 did a 0.4% jump and Dow Jones Industrial Average grew by 0.3%. According to JP Morgans global market strategist Dan Morris “The liquidity […] Read more

Boeing and Airbus in competition for Paris Air Show 2013

May 14, 2013 2:38 pm
Paris Air Show is the world premier and largest air event in aviation and space industry. The most anticipated event for Boeing and Airbus who will present their vehicles in a fierce competition. Both companies switch roles in previous years as in 2011 the European manufacture led with $44 billion worth of orders while in […] Read more

Lehman accuse non-profit organisations for company’s bankruptcy in 2008

May 14, 2013 1:19 pm
Lehman brothers, the ex-global financial service firm stated their view of what caused the financial crisis in 2008. Lehman set off the so called avalanche of bankruptcy in US, bringing a crisis on a worldwide scale. Lehman now says it was misled by scores of nonprofit organizations. Just before the financial crisis Wall street banks […] Read more

All eyes on Tesla Motors

May 14, 2013 9:18 am
Tesla is a well known maker of sporty battery operated vehicles and has been put on the spot regarding their first profit in their 10 year history since Tesla went public.The company reported its first quarter profit and their shares went up by 41% so far causing immense euphoria. Despite the companys profit some analysts […] Read more

“Sell in May and go away”

May 14, 2013 7:56 am
A popular quote on wallstreet reveals a time-proven strategy The US market as any, typically has cycles of strength and weakness. The summertime blues is one of them. Many investors advice to stay away from US market seasonal weaknesses but hiding behind bonds or just waiting is not an option for the most of shareholders. […] Read more

Investors Interested in Amazon Stock

May 12, 2013 6:32 pm
The most recent earnings report for Amazon hints that investing in this stock may prove to be a very good move if the predictions of most markets turn out to be true. However, there are still many investors who aren’t completely sure if an investment in Amazon is the right thing to do at this […] Read more