Blog

  • Fiscal Cliff Concerns Subdue Markets

    Following a climb of up to 81 points, driven by the Fed's announcement that it would keep interest low and extend its $85 billion a month bond-buying plan, the Dow Jones industrial average ...

  • Walter to Replace Schapiro as SEC Chairperson

    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 ...

  • Looming ‘Fiscal Cliff’ Batters Consumer Confidence

    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 ...

  • Investors Support Home Repair Companies in Wake of Hurricane Sandy

    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 ...

  • Bank of America Posts Q3 Profit, Merrill Lynch Average Adviser Productivity Drops

    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 ...

  • HP Results and Outlook Disappoint Investors

    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 ...

  • 2012 DJSI Review Results Announced

    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 ...

  • Weak Global Economy Reflected in FedEx Earnings

    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 ...

  • Wall Street Boosted by FOMC Minutes

    Wall Street responded positively on Wednesday to minutes from the July 31-August 1 meeting of the Federal Open Market Committee that indicated the central bank may be prepared to launch ...

  • High-Speed Trading Back in the Spotlight

    In days gone by, the floor of the New York Stock Exchange was crowded with market-makers and other specialists trading, creating a hive of activity and a buzz of excitement. Technology has ...

  • Call for Break-Up of Big Banks

    While Sandy Weill's new take on big banking is a striking U-turn from his previous position, analysts point out that his acknowledgement that scrapping the Glass-Steagull separation of ...

  • Benchmark Interest Rate Under Scrutiny

    While the recent Libor (London Interbank Offered Rate) scandal, resulting in a record £290-million fine being imposed on Barclays Plc and the ousting of CEO Robert Diamond, was initially ...

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