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Dow Marks Best Since May, On Track To End Four-Day Falling Streak

Dow Marks Best Since May, On Track To End Four-Day Falling Streak

August 3, 2012 at 4:29 pm 0 comments

The Dow Jones Industrial Average (INDEXDJX:.DJI) has gained over 200 points today, snapping four-day declining string. The rally led to hit its highest level since early May. U.S. stocks had declined the last four sessions as U.S. and European centralRead More

European Financial Woes Hurting The Auto Indusry Despite Strong Sales – (F, GM, TTM)

European Financial Woes Hurting The Auto Indusry Despite Strong Sales – (F, GM, TTM)

August 3, 2012 at 12:57 pm 0 comments

Despite U.S. auto sales remaining fairly high, the European sovereign debt crisis and economic slump is hurting net income for the carmakers. The effects are not limited to Europe, as are also hitting companies based in Detroit, particularly Fiat andRead More

So Far In Uganda Deadly Ebola Virus Has Killed 16 People – (BMY, PFE, JNJ)

So Far In Uganda Deadly Ebola Virus Has Killed 16 People – (BMY, PFE, JNJ)

August 3, 2012 at 12:49 pm 0 comments

The most recent epidemic of the toxic Ebola virus has caused 16 deaths in Uganda, the World Health Organization (WHO) said on Friday, raising the prior toll by one. WHO spokesman Tarek Jasarevic told reporters in Geneva today they haveRead More

AT&T Inc. (NYSE:T) Down While Synopsys, Inc. (NASDAQ:SNPS) Up Amid Acquisition News – (NOK, CSCO, INTC)

AT&T Inc. (NYSE:T) Down While Synopsys, Inc. (NASDAQ:SNPS) Up Amid Acquisition News – (NOK, CSCO, INTC)

August 3, 2012 at 12:41 pm 0 comments

AT&T Inc. (NYSE:T) has recently decided to acquire NextWave Wireless Inc., a company that has the right to use sections of the wireless spectrum that could be used for broadband. The company said it agreed to pay as much asRead More

Current Mortgage Rates Nearly Unchanged Today – (STI,C,JPM, WFC, KEY)

Current Mortgage Rates Nearly Unchanged Today – (STI,C,JPM, WFC, KEY)

August 3, 2012 at 12:26 pm 0 comments

Current mortgage interest rates showed almost no change today while disappointed investors fled equities. SunTrust Banks, Inc. (NYSE:STI) reduced their lending rates while JPMorgan Chase & Co. (NYSE:JPM) lifted them. The average interest rate on 30-year fixed-rate mortgages was slightlyRead More

The Shaky Macroeconomic Climate Makes Investors Cautious – (KCG, MS, ETFC)

The Shaky Macroeconomic Climate Makes Investors Cautious – (KCG, MS, ETFC)

August 3, 2012 at 12:18 pm 0 comments

The investment brokerage industry has not been resistant to the trembling global economic situation of late, as a number of market participants are still not investing in the markets with an open heart. There have been growth signs in someRead More

Weak Chinese Demand Impacted Europe’s Top Engineering Conglomerate And Others – (DOW, MMM, CAT)

Weak Chinese Demand Impacted Europe’s Top Engineering Conglomerate And Others – (DOW, MMM, CAT)

August 3, 2012 at 12:00 pm 0 comments

Market participants anticipating the corporate earnings season would indicate a revolving point in China’s economic slowdown have been largely thwarted, with large manufacturers joining consumer companies to warn the world’s No.2 economy of declining sales. While the most recent quarterlyRead More

Biotechnology Industry Organization Says Use Of Homegrown Biotechnology Can Add More Jobs To The U.S. Economy – (GILD, ARNA, IDIX)

Biotechnology Industry Organization Says Use Of Homegrown Biotechnology Can Add More Jobs To The U.S. Economy – (GILD, ARNA, IDIX)

August 3, 2012 at 11:48 am 0 comments

The Biotechnology Industry Organization (BIO) and its member companies recently revealed that production of renewable chemicals and biobased products by means of homegrown biotechnology can create more jobs opportunities across the United States. BIO showed gratitude to Sen. Debbie StabenowRead More

NASDAQ Falls For A Third Consecutive Day Along With All Four Top Volume Tech Stocks And Apple Inc. (NASDAQ:AAPL) – AAPL, FB, MSFT

NASDAQ Falls For A Third Consecutive Day Along With All Four Top Volume Tech Stocks And Apple Inc. (NASDAQ:AAPL) – AAPL, FB, MSFT

August 2, 2012 at 5:40 pm 0 comments

The NASDAQ Composite Index (INDEXNASDAQ:.IXIC) is in red today despite strong rally from Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) which jumped over 25% after beating analysts’ expectations. Further, all four top volume tech stocks in the index including Facebook IncRead More

S&P 500 (INDEXSP:.INX) Extending Losses For The Fourth Straight Day – CSCO, S, GILD, FSLR, TSO

S&P 500 (INDEXSP:.INX) Extending Losses For The Fourth Straight Day – CSCO, S, GILD, FSLR, TSO

August 2, 2012 at 5:16 pm 0 comments

The S&P 500 (INDEXSP:.INX) is falling the most today Standard after European Central Bank President Mario Draghi disappointed investors on immediate efforts to bolster the economy. The Standard & Poor’s 500 Index has already declined for three straight days, markingRead More