This Blog is also available as an RSS Feed

News

  • Walter to Replace Schapiro as SEC Chairperson - 28 November 2012
  • As Mary Schapiro prepares to leave her position as the 19th Chairperson of the SEC – U.S. Securities and Exchange Commission – on December 14, her performance in terms of successes and failures is being analyzed in the online and offline press, with much speculation regarding the road forward under her replacement, Elisse Walter. While the two women have often worked cooperatively alongside one another during their Washington-based careers, analysts have noted that they have differing views on some key issues.

  • Looming ‘Fiscal Cliff’ Batters Consumer Confidence - 15 November 2012
  • The new buzz-words on Wall Street – 'fiscal cliff' – are being used to describe the automatic tax increases and spending cuts which are set to come into effect on January 1, 2013. As the date draws ever closer, economists are sounding the alarm that the combination of spending cuts and tax increases could very well result in the United States going into a recession, which would have a detrimental effect on global economies. An estimate by the Congressional Budget Office notes that the US economy will contract by 0.5 percent in 2013, with employment levels increasing to 9.1 percent – certainly not what average Americans want to hear as many continue to struggle to keep head above water.

  • Investors Support Home Repair Companies in Wake of Hurricane Sandy - 1 November 2012
  • On its first day of trading following the two-day shutdown caused by Hurricane Sandy, Wall Street closed relatively unchanged on Wednesday, with the Dow Jones losing 10.75 points (0.08 percent) to close at 13,096.46, the Standard and Poor's 500 climbing 0.22 points (0.02 percent) to close at 1,412.16 and the Nasdaq Composite Index losing 10.72 points (0.36 percent) to close at 2,977.23. The shutdown was reportedly the first multi-day weather related closure of the New York Stock Exchange since 1888, and traders made their way to the exchange in the early hours of the morning keen to set the wheels of trade in motion again.

  • Bank of America Posts Q3 Profit, Merrill Lynch Average Adviser Productivity Drops - 18 October 2012
  • With earnings of $340 million in the third quarter of 2012, Bank of America made a narrow profit, beating Wall Steet analysts' predictions that the financial giant would post an 11 cent per share loss. Factors which dragged Bank of America's profits down included the $1.6 billion that went into settlements with shareholders who took the bank to task for misleading them with its 2008 purchase of Merrill Lynch, as well as an accounting rule that erodes bank profits when its corporate debt value rises, with the reasoning that the bank would have to pay more on the open market to buy that debt back. This rule cost Bank of America $1.9 billion for the quarter.

  • HP Results and Outlook Disappoint Investors - 4 October 2012
  • Wednesday on Wall Street saw the three major US stock indexes – the Dow Jones industrial average, Standard and Poor's 500 and Nasdaq composite – lift initially, buoyed up by stronger-than-expected data from ADP and the economy's service sector. But the significant gains were cut by sharp drops in Hewlett-Packard's shares following the report on company earnings and earnings outlook by CEO Meg Whitman, and Wall Street ended the day only modestly higher. Friday's employment numbers are the next big market mover investors will be waiting for, while the economic situation in Spain is also causing waves in global markets, with Wall Street not being immune to its effects.

  • 2012 DJSI Review Results Announced - 20 September 2012
  • Launched in 1999, and managed jointly by the Dow Jones Indexes and Sustainable Asset Management, the Dow Jones Sustainability Indexes (DJSI) offer a benchmark for measuring the sustainability performance of 2,500 companies listed on the Dow Jones. As the longest running index of its kind, the DJSI has become a vital reference used by companies and investors in making sustainability investing decisions. Ethical consumers may also look to the DJSI for direction on which companies to support, an issue which is gaining momentum as members of the public become increasingly aware of the need to make changes to save the environment. To be included in the DJSI, companies are assessed on their long-term social, economic and environmental asset management plans. Companies are monitored throughout the year and indexes are updated annually in September.

  • Weak Global Economy Reflected in FedEx Earnings - 6 September 2012
  • News on Wall Street on Wednesday included the earnings forecast cut by FedEx, causing the company’s stock to fall $2.54 to $85 – a drop of 2.9 percent. As the world's second-largest package courier company, FedEx has long been relied on for its overnight international shipments, but the company has cited the weak global economy as negatively impacting its profits, noting that customers around the world appear to be making use of slower, but less expensive, delivery options. As FedEx's first fiscal quarter ends on August 31, the company anticipates earning between $1.37 and $1.43 per share as opposed to previous forecasts of $1.45 to $1.60 per share.

< 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 >


Bookmark and Share

jalith: need the information how to start invest in stock market...
www.stockmarkets.com/personal-finance/


StockMarkets.com Team: Thank you for visiting StockMarkets.com. We do not represent the South Pacific Stock Exchange, so pl...
www.stockmarkets.com/exchanges/australasia/south-pacific-exchange/


milika: Can you please give me the listed companies that are in SPSE for my assignment purpose because it is...
www.stockmarkets.com/exchanges/australasia/south-pacific-exchange/


bob: you make loud boasts , but can you show me the opening and closing of the market indexs in South Ame...
www.stockmarkets.com/exchanges/south-america/


kennedy edahdike: with a dynamic emerging global power,a bouyant stock market is a sine qua non for develpoment,the po...
www.stockmarkets.com/exchanges/asia/chinese-stock-exchange/