June 6, 2013 8:40 am
Daimler AG would stay away from summer break at its automobile plants. The company will keep assembly lines busy especially for the renovated Mercedes Benz E-class model. The company surged 14.06% this year, outrunning BMW and Volkswagen. Martin Steinlehner, a Mercedes official said “We’re planning for another year of record sales”. BMW is also keeping the […]
Read moreJune 6, 2013 7:28 am
Google is trying to give its customers the best possible software version of Android OS. Its interesting to notice that the two best Android smartphones are running on older versions of Googles operating system. Samsung S4 and HTC One will soon be available unlocked and directly from Google without their custom user interfaces, but containing […]
Read moreJune 6, 2013 6:35 am
Wednesday at the close of US stock market Dow Jones Industrial Average declined by 1.43%, The S&P 500 index fell by 1.38% and high-tech benchmark Nasdaq Composite lost 1.27%. The reason for the plunge is pointed to be data of private sector jobs report viewed as a sign of the official unemployment report which is […]
Read moreJune 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 […]
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