May 15, 2013 8:06 am
After todays announcements of latest companys earnings Sony forecasts operating profit to stay steady till March 2014. Last year Sony reached its highest in 5 years due to the weakening yen which boosted sales. The weak currency made Sonys products more pricely competitive in consumer electronics business. Sonys operating profit this year reached $2.33 billion […]
Read moreMay 14, 2013 3:20 pm
The hedge fund-manager David Tepper boosted US small business confidence as commenting on S&P 500 eight record over past nine sessions. Bank of America and Citigroup inc. rose by 1.3%, S&P 500 did a 0.4% jump and Dow Jones Industrial Average grew by 0.3%. According to JP Morgans global market strategist Dan Morris “The liquidity […]
Read moreMay 14, 2013 2:38 pm
Paris Air Show is the world premier and largest air event in aviation and space industry. The most anticipated event for Boeing and Airbus who will present their vehicles in a fierce competition. Both companies switch roles in previous years as in 2011 the European manufacture led with $44 billion worth of orders while in […]
Read moreMay 14, 2013 1:19 pm
Lehman brothers, the ex-global financial service firm stated their view of what caused the financial crisis in 2008. Lehman set off the so called avalanche of bankruptcy in US, bringing a crisis on a worldwide scale. Lehman now says it was misled by scores of nonprofit organizations. Just before the financial crisis Wall street banks […]
Read moreMay 14, 2013 9:18 am
Tesla is a well known maker of sporty battery operated vehicles and has been put on the spot regarding their first profit in their 10 year history since Tesla went public.The company reported its first quarter profit and their shares went up by 41% so far causing immense euphoria. Despite the companys profit some analysts […]
Read moreMay 14, 2013 7:56 am
A popular quote on wallstreet reveals a time-proven strategy The US market as any, typically has cycles of strength and weakness. The summertime blues is one of them. Many investors advice to stay away from US market seasonal weaknesses but hiding behind bonds or just waiting is not an option for the most of shareholders. […]
Read moreMay 12, 2013 7:05 pm
The annual Global Investment Conference was held in London last Thursday. One of the most interesting moments at the event was David Cameron’s statement against the European Union’s planned financial transactions tax. According to the British PM, the introduction of this tax will have a negative impact on the finances of the entire union. Cameron […]
Read moreMay 12, 2013 6:43 pm
Australian employment blows past estimates taking AUD/USD above 1.0200 UK IP/MP beat Nikkei -0.66% Europe -0.60% Oil $96.15/bbl Gold $1469/oz. Europe and Asia: AUD Employment Change 50.1K vs. 11.5K AUD Unemployment Rate 5.5% vs. 5.6% AUD Full Time Employment Change JPY Leading Index 97.6% vs. 97.7% NZD Employment 1.7% vs 1.1% GBP BOE Rate Decision […]
Read moreMay 12, 2013 6:32 pm
The most recent earnings report for Amazon hints that investing in this stock may prove to be a very good move if the predictions of most markets turn out to be true. However, there are still many investors who aren’t completely sure if an investment in Amazon is the right thing to do at this […]
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