Ethiopian Commodity Exchange headquarter in Addis AbabaEthiopia Commodity Exchange Mulls Adding Stock, Bond TradingBy William DavisonThe Ethiopia Commodity Exchange plans to broaden the range of crops it trades and wants to introduce stocks and bonds under a five-year expansion plan, Chief Executive Officer Ermias Eshetu said.The market plans to move from coffee and sesame seeds, which account for more than […]
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Biotechnology companies have been going public in record numbers, and many of them have been immediately embraced by public-market investors once their stock starts trading.But does that mean the sector is in a bubble?The chief executives of two venture-backed companies that went public spoke at the National Venture Capital Association’s annual conference in San Francisco. They said the good days for […]
Tim Boyle | Bloomberg | Getty ImagesWilliam McNabb, chairman, president and chief executive officer of Vanguard GroupHe also believes index funds will continue to outperform actively managed funds. From 2007 to 2014, index funds saw inflows of $1 trillion, while actively managed funds saw outflows of $659 billion.”It’s the triumph of low-cost investing, and I do think that’s a secular […]
Janet Yellen has a crystal ball. And she sees trouble ahead…Yellen warned the investing public yesterday that stocks and bonds look risky in this ultra-low interest rate environment.But as you’ll see, Ms. Yellen’s crystal ball is notoriously foggy…and we might even make our money by ignoring her fortunetelling…“In a conversation with Christine Lagarde, the managing director of the International Monetary […]
Berkshire Hathaway chief executive Warren Buffett plays the ukulele in a video prior to the Berkshire Hathaway annual meeting in Omaha, Nebraska on Saturday. Photograph: Rick Wilking/Reuters
Warren Buffett has warned that stock prices will appear expensive if interest rates increase from their current ultra-low levels.“If we get back to normal interest rates, stocks at these prices will look high,” said […]
Traders work on the floor of the New York Stock Exchange April 30, 2015.Reuters/Brendan McDermidTraders work on the floor of the New York Stock Exchange April 30, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks, led by the Nasdaq, sold off on Thursday as Apple shares declined, and tech and biotech quarterly results disappointed.Upbeat economic reports added to uncertainty about the outlook […]
Traders work on the floor of the New York Stock Exchange shortly after the opening bell April 27, 2015.Reuters/Lucas Jackson n”>(Reuters) – Wall Street was lower in midday trading on Thursday as Apple (AAPL.O) weighed on major indexes and investors digested a mixed batch of economic data.All the 10 major S&P sectors were down, with the technology index retreating .SPLRCT […]
There are more warnings of a stock market correction circulating now – especially since the Nasdaq and S&P 500 both reached closing record highs Friday.The Nasdaq Composite closed at a record high on Friday at 5,092.08. That was the first time the index had set a record in more than 15 years. The S&P 500 closed the week at 2,117.69. […]
(Reuters) – U.S. stocks were a mixed bag on Tuesday, with the Dow ending lower after a handful of uninspiring earnings reports while the Nasdaq closed near a record high following a proposed biotech merger.Travelers (TRV.N), DuPont (DD.N) and IBM (IBM.N) shares weighed on the Dow Jones industrial average. DuPont reported lower sales in all of its businesses and said […]
Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers (TRV.N), DuPont (DD.N) and IBM (IBM.N) shares weighed most on the Dow. DuPont […]
