Stock News

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

Volkswagen on pressure by labor union

Volkswagen the car manufacturer is considering a deal with the labor union IG Metal for wage raise of workers at German factories. According to Reuters more than 100 000 workers are going to be covered by the deal just as the automobile maker is struggling with sales and profits. Volkswagen has been in talks with […] Read more

Valeant to buy Bausch & Lomb for $8.7 cash

Valeant Pharmaceuticals International Inc., Canadas largest drug-maker decided to buy Bausch & Lomb Holdings Inc., the eye-care company owned by Warburg Pincus LLC for about $4.5 billion. Valeant would most definately have to spend $4.2 billion covering Bausch & Lombs debt bringing the value to total of $8.7 billion said the company today. Recently, Valeant […] Read more

FIAT leads European stock raise

European Stocks rebounded today from a last weeks significant drop. Car manufacturer Fiat was among the leading gainers showing indications of buying out Chryslers US unit. However, many investors were positioning for a market pullback expecting that a possible decrease of US stimulus could result in a drop of market prices. The benchmark European indexes […] Read more

Yahoo on a purchasing streak

After sealing the acquisition of Tumblr for $1.1 billion last month and purchasing a couple of small companies, Yahoo reported another one. This time the internet giant is adding a company called PlayerScale to the list. The sum of the acquisition wasnt disclosed but most likely it was one of a fairly significant amount. PlayerScale […] Read more

UK stocks dipped, investors consider Fed

The London-based head of portfolio strategy of Brewin Dolphin Securities Ltd. “It looks like we either see an economic downturn in the US or monetary stimulus is going to slow. For the analyst that is not favorable condition to invest. They are waiting for signs and more information about which way the economy would go. […] Read more