Breaking Stories »

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 […]

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Hot Earnings to Watch; McDonald’s Corporation, Halliburton, Kimberly Clark

July 22, 2013 – 8:20 am |
Earning to watch

McDonald’s Corporation (NYSE:MCD) franchises and operates McDonald’s restaurants world wide. The company has a market cap of $100.58 billion. It’s anticipated to report second-quarter EPS of $1.40 on revenue of $7.10 billion as compared with a profit of $1.32 per share on revenue of $6.92 billion as compared to year earlier. McDonald is trading at about $100.30 per share. The stock has gained 13.7 Read more […]

UBS AG Second Quarter Results to Include $919 M Pre-tax Charges for litigation Matters

July 22, 2013 – 7:36 am |

A Zurich-based UBS AG (ADR) (NYSE:UBS) informed on Monday that a matter over allegedly misrepresenting U.S. mortgage bonds ready for sale has been settled with a U.S. regulator.

UBS AG stated that its second-quarter results now include pre-tax charges for litigation matters totalling 865 million Swiss francs which are $919 million.

About CHF700 million of the charges is being booked to the bank’s Read more […]

Facebook App Makes Milestone of 100 Million Monthly Users

July 22, 2013 – 5:52 am |
Facebook

Facebook Inc (NASDAQ:FB) now feels like it’s time to own more than just a smartphone market and in order to do so, the company has decided to go on every mobile phone including feature phones, which still outnumber smartphones in the world.

The app was successful from the start, providing a service on more than 3000 phones and it achieved a milestone of 100 million monthly users. An IDC reporter Read more […]

Oil Futures Rose 0.4% versus Weak US Dollar, BP, Hess Corp, Marathon Oil Corporation, Total SA, ConocoPhillips

July 22, 2013 – 2:29 am |

Oil Futures surged 0.4 percent in New York after topping fourth weekly advance. According to the Energy Information Administration, the crude supplies have plunged 27.1 million barrels in the three weeks ended July 12. The recent price rally in commodity oil may halt as a technical indicator that reflects the market is overbought for the longest period in more than 11 years.

For August delivery Read more […]

Nintendo Co. Touched its Peak

July 22, 2013 – 2:05 am |
Nintendo Co

Entertainment Products maker, Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY), Japan-based Company, rose to its peak level in almost two years in Tokyo trading on rumor of new video game titles which are boosting overseas revenue and the shares may join the Nikkei 225 Stock Average.

According to market researcher NPD Group Inc, Nintendo’s 3DS handheld player maintain its position as the best-selling game Read more […]

Laboratory Corp. of America Holdings (NYSE:LH) Reported in Line Q2 EPS

July 20, 2013 – 3:15 am |
Laboratory Corp. of America Holdings

Laboratory Corp. of America Holdings (NYSE:LH) has posted second quarter earnings, EPS  and revenues are in-line with the analysts estimates for the quarter ended on June 30, 2013.

Laboratory Corp. also reaffirms the revenues guidance for fiscal year 2013. Company has reported second quarter earnings of $1.80 per share, without non-recurring items, in-line with the Capital IQ Consensus Estimate Read more […]