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Daxx index declines from record

May 21, 2013 12:56 pm
Germanys stocks declined today for the first time in more than a week. Daxx Index is down by 0.19% today. German banks Commerzbank AG and Deutsche Bank AG reported substantial daily drops after JP Morgan Chase downgraded their shares ratings. The benchmark index is up 11% this year mainly due to the stimulus government offered […] Read more

A wave of mergers on Monday

May 21, 2013 9:13 am
As several analyst defined yesterday as a “slow day” on the market, it also was an dynamic day considering numerous company acquisitions. After the initiative was taken by Yahoo Inc. with the $1.1 billion purchase of Tumblr Inc., many other companies follow their example. The internet giant is going after the younger users as buying […] Read more

UK workers feeling the pressure

May 21, 2013 7:55 am
The job uncertainty in UK seems to be raising as people feel more pressure at work due to job cuts and diminished control over jobs according to national survey of employees. Both, public and private sector workers are increasingly worried about their jobs, 52% of them are concerned about job status loss. However the biggest […] Read more

US stocks slightly declined after reaching record highs

May 21, 2013 7:01 am
S&P 500 Index slightly declined by 0.1% yesterday after reaching a 0.3 climb earlier. Dow Jones Industrial average is down 0.1%. Procter & Gamble Co. and Coca-Cola dropped by 1.2% as consumer goods companies declined. Health-care shares lost 0.6%, not significantly considering sector rose by 22% this year. Yahoo Inc. gained 0.2% share price as […] Read more

Stocks worth following

May 20, 2013 12:29 pm
Consumer Goods Cambell is the top performer in packaged food business with $5 above the consensus price of its shares. Companys estimates are believed to raise even more beginning with sales increase of 12%. Cambell is beating its competitors especially in Europe, a region not particularly favorable for US packaged foods. Analyst suggest the company […] Read more

GM bounces back to normal levels

May 20, 2013 9:38 am
The General Motor Co. shares price came back almost to 2011 levels following the global economic picture recent months as it closed at $33.42 on Friday. The share price raise led investors to discuss a possible Treasury withdrawal from the auto maker. That would also help GM to get back in S&P 500 index which […] Read more

Yahoo ready to acquire Tumblr social-blogging site

May 20, 2013 8:49 am
Tumblr is a blogging site and social network company founded in 2007 by its current CEO David Karp. The site employs around 175 people. Millions of blogs and billions of post are the main resource the company offers to its users, accompanied by a strong mobile platform. So far, the company has been unable to […] Read more

Strong economic data offsets recent dips in stocks

May 20, 2013 7:57 am
Dow Jones Industrial Index recorded a new record high to 15354.40, an increase of 0.8%. This is a third record high in last four sessions. The last minute raise in shares helped the index to overcome recent share loss in price. The other average also hit a record high. S&P 500 reached price of 1667.47 […] Read more

Investors agree: Apple is losing edge in innovation

May 17, 2013 2:37 pm
Companys shares slipped by 40% from last years high as investors are loosing confidence of Apple ability as a tech innovator. Following a poll by Bloomberg, 71% of respondents declare that company is falling behind. Of whom 28% suggest this is a permanent trend while 43% believe its a temporary fall and Apple surely will […] Read more

Europe’s car market takes a breather after 18 months of decline

May 17, 2013 12:21 pm
New car registrations increased by 1.8% recording first rise since September 2011 acording to ACEA (automotive industry association). That slight climb is believed to be triggered by UK increased demand. The interest in the industry could be explained by seasonal fluctuations related to Easter holiday. Many European markets offered two sales days in March which […] Read more