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NZD underperformed, falling from 0.7200 to 0.7100 »
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Risk markets partly rebounded after a barely changed stance by the Federal Reserve last night. US rates would remain low for an “extended period”, and there was no mention of asset sales, but the assessment of the labour market improved slightly. Even earlier, though, sentiment towards Europe had stabilised, investors seen buying the [...]
Key fundamentals from the euro zone and U.K. after introducing aid for Greece »
This week, the euro zone will release its confidence for March and unemployment for February data, while the U.K. will release its final GDP reading for the fourth quarter. However, the main focus remains on deficit issues in EU countries after offering help to Greece.
In the euro zone, confidence slipped suddenly in February after reaching [...]
Sirius XM gets 2nd warning from Nasdaq (AP) »
as in most other businesses, a few at the top are making millions (CEO's and Howard Stern), while loyal stockholders and customers get screwed. That said, we actually have Sirius radio in our cars, and on TV, and love it, though we've listened to Stern for a total of only five minutes in [...]
$4 billion yanked from stock funds in February (Reuters) »
BOSTON (Reuters) –
Investors in February pulled an estimated $3.7 billion from U.S. stock-focused mutual funds, dashing hopes of a rebound in demand for equities, while showering $19.7 billion on
, according to a report from Morningstar.
U.S. stock funds
last year, analysts thought the trend might have turned around in January, when investors added a [...]
EADS sees no financial hit from U.S. tanker loss »
EADS sees no financial hit from U.S. tanker loss
(Reuters) – The apparent loss this week of a U.S. in-flight refueling tanker contract worth up to $50 billion will not affect EADS’s (
EAD.PA
) finances, the European aerospace group’s chief executive said on Thursday.
On Monday EADS’s U.S. partner Northrop Grumman (
NOC.N
) [...]
Zain expects return up to $5 billion from Bharti deal »
Shares in Kuwaiti telecoms firm Zain surge 9 percent after said it expects up to $5 billion in returns from its $10.7 billion deal with Bharti Airtel, after it pays off obligations.
“This (deal) will result in shareholders equity of around $9 billion. And after paying specific obligations, the company expects returns of a maximum [...]
A number of fundamentals from Asian economies drive the revival of equity markets »
Sat, Feb 13 2010, 10:36 GMT
by ecPulse.com analysis team
Last week witnessed a number of major fundamentals from Asian economies pushing equity markets up after fluctuations witnessed in the beginning of the week. Easing inflation in China and declining unemployment in Australia were enough to increase investors’ appetite for risk, helping Asian [...]
Kraft says will delist Cadbury from London stock market (AFP) »
next month after winning control of more than 75 percent of the group's shares.
Kraft announced in a statement that it has received acceptances from shareholders representing 75.41 percent of stock, allowing it to give notice to delist Cadbury from the
.
The move will end Cadbury's 186-year history as an independent British company, whose [...]
Toyota sees $2 billion hit from recall problems »
TOKYO/WASHINGTON (Reuters) – Toyota Motor Corp expects costs and lost sales from its largest ever safety recall to total $2 billion for the year to March, but raised its outlook after posting its strongest operating profit in six quarters.
Toyota’s recall of more than 8 million vehicles due to problems with unintended acceleration has punished [...]
The present world’s superpower continues to recover from the worst recession since WWII… »
Mon, Feb 1 2010, 12:36 GMT
by ecPulse.com analysis team
So far, the world’s leading economy revival and healing from the ongoing downside pressures of the worst recession witnessed since WWII is enhancing further despite the continuous deterioration of the key sector; the labor market, knowing that last week it has been shown [...]