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 [...]
United Continental Holdings Inc (NYSE:UAL) reported earning higher unit revenue than expected in the second quarter of 2014.
The airlines company announced that the benchmark revenue estimate in Q2 outdid its April forecast on account of enhanced performance on Pacific and domestic routes. United Continental reported that the revenue it earned for each seat that flew a mile increased 3.5% in the Read more [...]
Alcoa Inc (NYSE:AA) started the earning season in the U.S. with a big bang. It reported its second quarter results that were much better than the expectations. The profits came at 18 cents a share (excluding restructuring costs and other one-time items). The analysts expected the profits to come at 12 cents a share. The sales came at $5.84 billion that were again better than the analysts’ expectations Read more [...]
Investors seem to have a lot of appetite for new and innovative business models. Nothing demonstrates that better than the spectacular IPO debut of camera-maker GoPro Inc (NASDAQ:GPRO).
On Thursday, the stock went up from its listing price of $24 to end the day at $31.34 with more than 45 million shares traded and making the CEO Nick Woodman a billionaire. The stock continued its upward march on Friday Read more [...]