Amazon.com Inc will become the latest tech company to move to London’s Silicon Valley in Shoreditch east London. Shoreditch is nicknamed Silicon Roundabout or Tech City due to the influx of digital and technology companies that has flourished over the past three years. Currently primarily located in Slough, where Telefonica’s O2 is situated alongside many information technology and financial services Read more [...]
Hot Consumer Goods Stock in News: McDonald’s (MCD), Nestle India Ltd. (NESTLEIND), Fraser & Neave (F99)
Fraser & Neave’s profit increases, but McDonald’s worldwide sales fall. Meanwhile, a leading finance company in India stated Nestle India Ltd. (NESTLEIND) posted its highest gross margin decline in at least 16 quarters.
Fraser & Neave, Ltd. (SGX:F99) Sold More Beer, Profit Rises 25%
Fraser & Neave, Ltd. (SGX:F99) reported a 25 percent increase in its third quarter profit. It posted Read more [...]
Health Stock Movers: Tekmira (TKMR), OncoGenex (OGXI), IGI Laboratories (IG), Kindred (KND), Thoratec (THOR)
Tekmira Pharmaceuticals (NASDAQ:TKMR) stock gained about 16 percent during premarket hours on Thursday. This increase came after the Food and Drug Administration (FDA) changed its full clinical hold on the company’s TKM-Ebola Investigational New Drug Application (IND) to a partial clinical hold. This means individuals affected with the Ebola virus can now potentially access the drug TKM-Ebola. In previous Read more [...]
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
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 [...]
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 [...]