BlackBerry bid collapse
Investors in BlackBerry are having a wild ride. The shares have slumped 16% in the last couple of days, following news on Monday that the proposed takeover by Fairfax Financial Holdings Limited was off the table. Fairfax is BlackBerry’s largest investor, and often gets its contrarian investments right, most notably by betting against the US housing More...
Focus on reports for this quarter sees banks’ shares slip
The current financial quarter ends today, which for many firms listed on stock markets means one thing – releasing data for the past three months. As this quarter draws to a close, anticipation of what banking More...
FTSE ends poor week on a positive
Most major stocks in the United Kingdom saw solid gains during the last trading session of the week after it emerged that the gross domestic product for the nation had increased more than expected during the second More...
Europe Emerges from Recession
The Eurozone’s two largest economies pull the region out of recession Total gross domestic product for the Eurozone grew by 0.3 percent in the second quarter of 2013, heralding the end of the current recession. More...
Dollar’s best weekly performance against yen since early June
The US dollar looks to be on target for its best weekly performance against the Japanese yen since early June, despite yesterday’s slip on the back of concerns for the stability of the US economy with the More...
German and French GDP expansion leads Eurozone out of recession
France and Germany both saw their gross domestic products expand over the course of the second quarter, with their expansions beating the forecasts of analysts quite comfortably. In doing so, the two financial More...
US Stocks make small gains, lead by Facebook
All three of the major indices in the United States closed up after Thursday’s trading session, albeit only slightly. There was plenty of action around the stocks of many household names, including Caterpillar More...
Banc De Binary CEO Issues Statement One Month After Being Charged by the SEC and CTFC
The CEO of Banc de Binary Ltd, Oren Laurent, released a statement last week that Banc de Binary is still in talks with the CFTC (US Commodity Futures and Trading Commission) and SEC (US Securities and Exchange Commission) More...
FTSE 100 snaps winning streak as investors await Bernanke’s testimony
The FTSE 100 snapped its recent run of gains as investors became more cautious ahead of the Federal Reserve chairman, Ben Bernanke, making his testimony to the United States Congress on Wednesday and Thursday. More...
FTSE 100 advances with little news
The old saying “no news is good news” rang true once again today on the London stock exchange as UK stocks once again advanced on the back of investors beliefs that central banks, on a global scale, More...