June 5, 2013 1:08 pm
US stock futures have declined clearly indicating a second day fall of S&P 500 index. The Standard & Poor 500 futures declined 0.5%. Dow Jones Industrial Average futures fell by 0.4%. “Its the Fed tapering talks which are really driving everything at the moment” James Hughes, senior market analyst at Alpari UK told Bloomberg in […]
Read moreJune 5, 2013 12:02 pm
Facebooks recent report by Pew Research showed declining enthusiasm among younger people who have kept the company strong even in weaker economic conditions. Having a $1.11 billion users, adding to that the vast amount of data on those users such as photos or personal preferences, profile identities Facebook could keep calm about near term future […]
Read moreJune 5, 2013 8:58 am
IBM and Salesforce have been acquiring cloud computing companies, signaling a big shift in strategy in technology sector as a whole. The purchases of the two technology giants amounts to $4.5 billion. IBM who is relying vastly on cloud computing in the core of its business, has paid $2 billion for SoftLayer – a private […]
Read moreJune 5, 2013 7:52 am
Amazon.com Inc. has been testing the concept of a online grocery store for years using its hometown Seattle as a starting point of a potentially growing business. One of the largest retail markets – groceries, has been a target of the online retailer for years. AmazonFresh is in a beta testing since 2007, and Amazon […]
Read moreJune 5, 2013 6:50 am
US stocks fell ceasing its 20 straight Tuesday streak for the Dow Jones Industrial Average, as speculation of Fed reducing the bond buying program as soon as September, appeared. Dow Jones plunged 76.49 points which represents 0.5%. The S&P 500 index fell 0.6% to 1631.38 offsetting earlier gains. Exchanging volume was 7.6% greater than previous […]
Read moreJune 4, 2013 12:38 pm
US stock futures pointed slightly lower today. Investors would be looking at the Federal Reserve speakers for more information about its future stimulus policy. Trade data and house prices are expected to be released later during the day. Futures are not always pointing at the right direction of what market would follow, however Dow Jones […]
Read moreJune 4, 2013 8:40 am
European stocks offset recent falls as Federal Reserve officials said the bank is committed to continue the stimulus and after positive Spanish jobless data. All the European benchmark indexes are growing today. The UK FTSE 100 gained 0.73%, the German DAX is up 0.87% and the French CAC 40 surged 0.6%. The Stoxx Europe 600 […]
Read moreJune 4, 2013 8:00 am
Acer Inc. surprised no one presenting the new 8″ tablet computer along with notebooks with touch screen feature running Microsofts Windows 8 operating system. The companys Iconia W3 tablet was accidentally leaked on the manufacturers website last month. Acers CEO Jim Wong said to the crowd at the fair that the Iconia aims to “bring […]
Read moreJune 4, 2013 7:01 am
Stocks moved higher yesterday as the report on manufacturing data proved to be weaker than expected. Despite being a negative sign for the economy as a whole, investors see stability in the sense of government not reducing the stimulus bond-buying program. The President of Federal Reserve Bank of Atlanta said central bank officials are committed […]
Read moreJune 3, 2013 2:17 pm
Seven & I Holdings Co., the worlds biggest convenience store operator is declaring appetite for more acquisitions in the US. The store chain is supposed to double its number of stores. The retailer may take its store count to 20 000 or 30 000 in the North American markets, the companys CEO told Bloomberg in […]
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