US economy failed to rebound in the second quarter of 2014 as much as investors expected and the American currency declined against Euro for the first time during the last seven days.
Tomorrow FED will begin meetings to debates the interest rates pace and if the Government is going to reduce further its bond purchase monthly amount.
Investors and analysts expect the rebound to be weaker than Read more [...]
Fund portfolios recorded a positive inflow in 2014 – $109 million, which reverses the outflow of approximately % 13.9 billion during the first two months of 2014. This brings the ETF portfolios with allocation in emerging economies back among the major players in world markets.
Money managers are optimistic about developing-nation ETF. Black Rock Inc has attracted approximately $2 billion into its Read more [...]
Goldman Sachs Group Inc has released a statement that global stocks are ‘threatened’ to decline during the next three months due to increasing levels of Bond yields. Rising inflation is likely to continue to force Bond yields to increase over the middle term on global markets, according to the quarter strategic report by Goldman Sachs institution.
The bank has decreased its rating on stocks Read more [...]
Apple (NASDAQ:AAPL) reportedly used its annual conference to keep coders and designers from switching to Android. The Cupertino-based company introduced a new programming language for faster app creation, tools to make programs work better together and improved ways to help customers find apps to download.
Keeping its apps ecosystem healthy is crucial for Apple (NASDAQ:AAPL) as these help drive Read more [...]
Uber Inc. has a new and increased valuation, while Hertz Global Holdings Inc. (NYSE:HTZ) announced it will review its financial results for the past 3 years. Meanwhile, legislators in California are determined to have Tesla Motors (NASDAQ:TSLA) build its new battery plant in the state.
Tesla Motors’ (NASDAQ:TSLA) ‘Gigafactory’ in California
Legislators in California are determined to have Read more [...]
Hot Healthcare Stocks in News: Allergan (NYSE:AGN), Pfizer (NYSE:PFE)–AstraZeneca (NYSE:AZN), Quintiles (NYSE:Q)
Pfizer Inc. (NYSE:PFE) sent documentation for its proposed takeover of AstraZeneca (NYSE:AZN) on Monday, May 12, to two UK parliamentary committees, according to a report by Nasdaq.com. Ian Read, the American multinational pharmaceutical corporation’s chief executive, along with Pascal Soriot of AstraZeneca (NYSE:AZN), will appear before the committees on May 13 and 14.
AstraZeneca (NYSE:AZN) rejected Read more [...]