The year started with indices settling in the red on Thursday as investors chose to book profits. Incidentally, after the benchmarks’ record multi-year annual gains in 2013, they started a year in the red for the first time since 2008. The drop came despite a fall in initial claims number, which further underscored economic strength. Tech bellwether Apple was a […]
Malcolm Morrison, The Canadian Press
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NEW YORK – The stock market closed out a record year with more all-time highs on Tuesday, giving U.S. indexes their biggest annual gains in almost two decades.The Standard & Poor’s 500 index notched its best year since 1997; The Dow Jones industrial average rose the most since 1995.While trading was light on the last day of the year, […]
Cyprus Stock Market – The Next Crisis Investing OpportunityStock-Markets / European Stock MarketsJan 01, 2014 – 04:25 AM GMTBy: Casey_Research
By Nick Giambruno, Senior Editor, International ManRecently, legendary crisis investor Doug Casey and I put our boots to the ground in Cyprus to search the rubble of one of recent history’s most significant financial crises—the financial collapse and […]
Submitted by Michael Snyder of The Economic Collapse blog,It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory. Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any resemblance to what is going on in the overall economy […]
The holiday-shortened trading session on Tuesday saw the Dow and S&P 500 extending their record runs propelled by encouraging economic numbers. Higher orders for manufactured goods, encouraging new home sales and a report which revealed that corporates were investing at a rapid pace in their businesses acted as gifts on Christmas Eve. Volumes were among the lowest for the year […]
marketsStocks close at record highs before Christmas break
Kate Gibson
CNBC
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By Gurdev Singh Virk
A recent bull run in India’s benchmark stock index isn’t being mirrored in the midcap index, which tracks the country’s midsize companies.
A bronze bull statue at the Bombay Stock Exchange.
Bloomberg News
While the Bombay Stock Exchange’s S&P BSE 30-stock Sensitive Index, or Sensex, has risen 9% […]
Chesapeake Energy Corporation (CHK) is involved in the exploration, development and production of natural gas and oil properties throughout the United States. Chesapeake has a market cap of $17 billion and its stock price is around $27.Many investors would like to know if Chesapeake is still a turnaround story or if it is now ready to trade in line with […]
The Securities and Exchange Commission announced on Thursday that it has charged former Microsoft senior portfolio manager Brian Jorgenson and his friend/business partner Sean Stokke with insider trading ahead of company announcements.
They are also criminally charged by the U.S. Department of Justice.
According to the SEC, Jorgenson obtained confidential information about upcoming company news through his work in Microsoft’s corporate finance […]
