May 30, 2013 7:34 am
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 moreMay 29, 2013 2:18 pm
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 moreMay 29, 2013 12:26 pm
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 moreMay 29, 2013 8:43 am
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 moreMay 29, 2013 7:26 am
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 moreMay 28, 2013 2:03 pm
Valeant Pharmaceuticals International Inc. rose 10% due to its acquisition of a company named Bausch & Lomb Holdings Inc. for a price of $8.7 billion. Google, the internet giant rose by 1.1%. Tiffanys rose by 6% after company reported better than estimates first quarter earnings. S&P 500 Index is catching up its previous fall of […]
Read moreMay 28, 2013 8:40 am
European stocks reported a climb in recent in benchmark indexes as EURO STOXX 50 raised 1.34%, CAC 40 jumped by 1.32%, DAX 30 rallied 1.25%. There is still a trend of cautiousness among investors as they consider Fed move towards reducing stimulus in upcoming months. Financial stocks were among the gainers as BNP Paribas and […]
Read moreMay 28, 2013 7:28 am
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 moreMay 27, 2013 1:57 pm
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 moreMay 27, 2013 1:15 pm
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 […]
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