Blog
Pharmaceutical Sector Shake-up
In an effort to boost share prices and profits, thereby keeping shareholders satisfied, major pharmaceutical companies are currently negotiating mergers, acquisitions and hostile ...
Facebook, Apple Exceed First Quarter Expectations
Six days of gains on Wall Street came to an end Wednesday with the S&P 500 index slipping 0.2 percent to 1,875, the Dow Jones industrial average losing 0.1 percent to close at 16,502, and ...
Markets Boosted by Fed’s Interest Rate Stance
Markets responded positively Wednesday to minutes of the Federal Reserve's recent policy meeting which revealed that the central bank aims to keep interest rates low. This came as somewhat ...
King Digital Entertainment IPO Disappoints
With a reported net worth of $76 billion, founder of Microsoft Bill Gates is back at the top of the annual Forbes Billionaires list, having held that position for fifteen of the past twenty ...
Wall Street Bonuses Cause a Stir
Figures released Wednesday by New York State Comptroller, Thomas DiNapoli, revealed that bankers on Wall Street enjoyed an average increase of 15 percent on their annual bonuses for 2013. ...
Comcast-TWC Merger Raises Consumer Concerns
Comcast's $45 billion bid to acquire Time Warner Cable has raised a host of objections from various consumer and social action groups, with the main concern being that the merging of the ...
First SEC Investor Advocate Appointed
As part of the Dodd-Frank law signed in July 2010, the Securities and Exchange Commission (SEC) has set up the Office of the Investor Advocate and appointed the current deputy general ...
Fed’s Tapering Process Continues
In a process that has been described as 'tapering', the Federal Reserve made it known that it will be reducing its bond-buying program by a further $10 billion in February, following its ...
Google’s Buyout of Nest Raises Privacy Concerns
Google's announcement that it's buying Nest Labs for the amount of $3.2 billion has raised a number of concerns, particularly regarding privacy within one's own home. Described as the 'next ...
Cautious Optimism on Wall Street for 2014
With the CBOE Volatility Index down and major Wall Street indexes all up on the final trading day of 2013, investors are looking forward to 2014 with an air of cautious optimism. The Dow ...
Volcker Rule Set to Take Effect in April 2014
Described by President Barack Obama as "a rule that makes sure big banks can't make risky bets with their customer's deposits", the Volcker Rule forms part of the Dodd-Frank Wall Street ...
Retailers Aim to Cash-in on Black Friday
Celebrated on the last Thursday of November, Thanksgiving Day in the United States is followed by Black Friday, with retailers kicking off the holiday shopping season with a host of ...
