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US Dollar weakens before FED meetings

July 28, 2014 – 8:21 pm |

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 [...]

Mergers in News: Zillow (NASDAQ:Z)–Trulia (NYSE:TRLA), MDM (LON:MDM)–Foster Wheeler (NASDAQ:FWLT) and More

July 28, 2014 – 1:29 pm |

A rumored merger of two online real estate giants could be an industry game changer, while MDM and Foster Wheeler’s merger has been approved. Meanwhile, Columbus A/S (CPH:COLUM) and Renesas Electronics Corporation (TYO:6723) separately announced merger plans with their subsidiaries.

Zillow (NASDAQ:Z)–Trulia (NYSE:TRLA) Rumored Merger Could be Real Estate Industry Game Changer—CNN

Zillow (NASDAQ:Z) Read more [...]

Emerging markets ETF are back in the game

July 27, 2014 – 12:02 pm |

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 Sach Inc lowers rating on US equities

July 27, 2014 – 10:43 am |

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 [...]

Tesco (LSE:TSCO) Gains 2.3%, Tops FTSE as Philip Clarke Announces Departure, to be Replaced by Unilever (LSE:UKVR)’s Dave Lewis

July 21, 2014 – 10:17 am |

Tesco (LSE:TSCO) gained 2.3 per cent on Monday, July 21, as the retailer topped the FTSE 100. The boost came after CEO Philip Clarke announced he will be leaving the company. Clarke will be replaced by Dave Lewis, Unilever (LSE:UKVR)’s head of personal care.
According to Financial Times, Tesco (LSE:TSCO)’s stock increased 2.3 percent to 291.6 points as Clarke announced the end of his 3 years in charge Read more [...]

General Electric (NYSE:GE) Q2 Profit Up 13%, as it Prepares for Synchrony IPO

July 18, 2014 – 2:12 pm |

General Electric (NYSE:GE) released its earnings report for the second quarter of 2014. Meanwhile, the conglomerate is planning to raise $3.1 billion for the sale of 15 percent of its stake in Synchrony Financials.

General Electric (NYSE:GE) Earnings Report Q2 2014

General Electric (NYSE:GE) announced an increase of 13 percent in profit, among others, when it released its Q2 2014 earnings report Read more [...]

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