Earnings results and forecasts from Dow components dragged the blue-chip index lower on Tuesday, while S&P 500 and Nasdaq ended in the green because of other factors. Material stocks ensured that the S&P 500 could avoid its third-straight decline. The day was devoid of any major economic releases but for IMF raising the global economic growth estimate.For a look at […]
The Zimbabwe Stock Exchange (ZSE) has awarded an Indian firm a contract to install an automated trading platform (ATS) as it seeks to mordernise one of Africa’s best performing bourses.InfoTech Middle East FFZ-LC beat bidders from countries such as Sweden and the United States to land the contract.there are companies which have already shown that they might mergeThe trading platform, […]
BlackBerry Gets MLK Day Gift in Toronto Trading
By Jon C. Ogg January 20, 2014 10:28 am EST
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It is always interesting to see what happens on ADR trading in the home markets when U.S. stock markets are closed. Martin Luther King Day brings a closure of the U.S. markets, but all other major global markets and exchanges are open for normal […]
Dismal earnings and forecasts from two bellwethers dragged the S&P 500 and Nasdaq lower on Friday. However, the blue-chip index escaped a finish in the red aided by strength from an important component, American Express. Economic data was mixed too and failed to prevent the S&P 500 and Nasdaq from posting weekly losses. The Dow registered its first weekly gain […]
Personal Financial Adviser with Oran HallWhat is a loser and a winner, as seen on ‘Business Day’, and how does trading of stocks work? Is it done on a floor room or through the stock market?– RogerWhen financial reports refer to stocks as winners and losers, they are referring to changes in their prices relative to a previous period, often […]
Benchmarks ended mostly lower yesterday, dragged down by weak corporate earnings results. A drop in the initial claims numbers failed to lift benchmarks to the green and the S&P 500 had to retreat from an all-time high. The index returned to the red zone considering the year-to-date period. Financials were among the biggest decliners, dragged by weak results from behemoths […]
Benchmarks tanked significantly on Monday following concerns about corporate earnings numbers and comments from a Fed official hinting at additional tapering. There was hardly any good news for the markets and the triple-digit loss for the Dow dragged it to its worst single-day loss in almost four months. Energy stocks traded lower following a dip in oil prices.For a look […]
London and New York, NY – Markit, a leading global diversified provider of financial information services, today announced that it has filed a registration statement on Form F-1 with the United States Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common shares. The IPO would be solely a secondary offering.
BofA Merrill […]
Markets ended mostly in the red yesterday after Fed minutes raised concerns about fading gains from the bond purchase program. The reaction to the Fed minutes dragged Dow and S&P 500 lower, but Nasdaq managed some gains. Even the positive private jobs report failed to provide sufficient impetus. In fact, the positive numbers was a concern since such data might […]
Markets finally ended in the green for the first time this year thanks to gains in healthcare stocks and a lower trade deficit. The S&P 500’s first positive finish this year also helped it avoid the record of having the worst start to a year since 1978. Also, investors mood was somewhat lifted by the confirmation of Janet Yellen’s nomination […]
