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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 [...]

IPO News Roundup: Reckitt Benckiser (LSE:RB), Mapi Pharma (NASDAQ:MAPI), Virgin America

July 28, 2014 – 12:11 pm |
Stocks

Virgin America files for $115 million IPO, while across the pond, Reckitt Benckiser (LSE:RB) announces a de-merger of its pharmaceutical business. Meanwhile, Mapi Pharma (NASDAQ:MAPI) reduced its IPO amount by half.

Virgin America Files for $115 M IPO

Virgin America, the Burlingame, California-based airline, filed for an IPO worth $115 million, according to a Securities and Exchange Commission 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 [...]

Auto News Roundup: Kia (KRX: 000270) and GM (NYSE:GM) Recalls, Subaru Lawsuit, Toyota (NYSE: TM) Sienna Scolds Unruly Passengers

July 21, 2014 – 11:35 am |

Kia (KRX: 000270) and General Motors (NYSE:GM) issue recalls for problematic units. Meanwhile, Subaru gets sued and Toyota (NYSE: TM) Sienna comes with a feature to scold unruly passengers.

Toyota (NYSE: TM) Sienna’s Driver Easy Speak

The Toyota (NYSE: TM) Sienna minivan has a new feature that allows drivers to scold unruly passengers. Called “Driver Easy Speak”, Toyota had parents with Read more [...]

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