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Stocks News

PrimeTrade launches new online investment service provider

A new online trading platform made its debut last month, joining the ranks of many others to service both new and seasoned investors.
In the Media by Simon Crompton

U.S. stocks continue stalwart climb in a show of strong recovery

Signs of economic recovery are soaring as U.S. stocks pushed passed a winter slowdown, according to recently released economic data.
In the Media by Simon Crompton - 1 comment

Cash-rich global firms face calls to crack open war chests

Tokyo - Impatient shareholders are calling on the world's top firms to start spending some of the eye-popping $2.8 trillion in cash built up since the financial crisis, as analysts warn that their thriftiness could be holding back global growth.
In the Media by Peter Brieger (AFP)

Smallpox decision postponed

Geneva - The World Health Organization (WHO) has again postponed its decision whether to destroy the world’s remaining stocks of smallpox virus.
In the Media by Tim Sandle - 3 comments

U.S. stocks continue stalwart climb in a show of strong recovery

Signs of economic recovery are soaring as U.S. stocks pushed passed a winter slowdown. For the fourth straight day, the Standard & Poor’s Index rose and reached another all-time high, closing at just above 1,900 on Friday, after many months.
In the Media by Simon Crompton - 4 comments

Leading scientist calls for smallpox stock destruction

London - Gareth Williams, a medical doctor, has said that the smallpox virus is no longer necessary for research purposes and could pose a significant threat were it to escape the confines of the lab. He has called for all remaining stocks to be destroyed.
In the Media by Tim Sandle - 3 comments

Apple: 43.7 million iPhones, 16.35 million iPads sold in Q1 2014

Earlier today Apple announced in a public statement that over 43.7 million iPhones and 16.35 million iPads were sold during the first, opening quarter of 2014 leading to combined sales of mobile devices of over 60 million units sold.
In the Media by James Walker

Cash-rich global firms face calls to crack open war chests

Tokyo - Impatient shareholders are calling on the world's top firms to start spending some of the eye-popping $2.8 trillion in cash built up since the financial crisis, as analysts warn that their thriftiness could be holding back global growth.
In the Media by Peter Brieger (AFP) - 1 comment

U.S. suit accuses CME of favoring high-speed traders

New York - A group of traders has sued exchange giant CME Group, alleging that its policies favored high-frequency traders and defrauded other investors.
In the Media by AFP

US stocks jump on good retail sales, Citigroup profits

New York - Wall Street stocks Monday opened decisively higher following a big jump in US retail sales and a better-than-expected earnings report from Citigroup.Five minutes into trade, the Dow Jones Industrial Average advanced 83.52 points (0.
In the Media by AFP

European stocks, ruble slide on Ukraine crisis

London - European stock markets and the ruble slid on Monday as investors reacted to the escalating crisis between Kiev and Moscow, dealers said.
In the Media by Roland Jackson (AFP)

Asian shares mixed after fresh Wall St losses

Hong Kong - Asia's markets were mixed on Monday following another heavy sell-off on Wall Street while concerns over the crisis in Ukraine resurfaced.Tokyo's benchmark Nikkei 225 index fell 49.89 points or 0.36 percent to 13,910.
In the Media by AFP

Russian markets, ruble fall over Ukraine crisis

Moscow - The Russian stock markets and the ruble fell in early trading on Monday after clashes between pro-Russian forces and the Kiev authorities in eastern Ukraine.Western powers blame Russia for stirring up the trouble.
In the Media by AFP

U.S. stocks sink again; Nasdaq down 1.3%

New York - The tech-rich Nasdaq Composite Index led Wall Street sharply lower again Friday, closing out a dreary week at its lowest level in more than two months.The Nasdaq sank 54.37 points (1.34 percent) to 3,999.
In the Media by AFP - 1 comment

European stocks sink on 'overvalued' tech sector

London - European stock markets slid on Friday, joining a fierce global sell-off as investors took flight on resurgent fears about the 'overvalued' technology sector, dealers said.In late morning deals, London's benchmark FTSE 100 index fell 1.
In the Media by Roland Jackson (AFP)

US judge okays $1.8 bn SAC insider-trading settlement

New York - A federal judge Thursday approved an agreement between US criminal prosecutors and SAC Capital to settle charges of insider trading in exchange for $1.8 billion in penalties.
In the Media by AFP

Nasdaq plunges more than 3% as tech weakness returns

New York - The tech-rich Nasdaq Composite Index dived more than three percent Thursday in afternoon trade as anxiety over pricey technology equities again pushed US stocks into the red. Near 1920 GMT, the Nasdaq plummeted 131.56 (3.14 percent) to 4,052.34.
In the Media by AFP

European stocks dip despite Greek bond market return

London - European stocks fell on Thursday as investors shrugged off a successful return to the bond markets by Greece four years after the country was rescued with a bailout.In late morning deals, London's benchmark FTSE 100 index slid 0.10 percent to 6,629.
In the Media by Roland Jackson (AFP)

Dovish Fed minutes send US stocks up more than 1%

New York - Wall Street stocks Wednesday bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.The Dow Jones Industrial Average jumped 181.04 (1.11 percent) to 16,437.18.
In the Media by AFP

European stocks stage rebound

London - Europe's main stock markets rebounded on Wednesday after two days of losses, as optimistic investors eyed the upcoming US results, dealers said. London's benchmark FTSE 100 index added 0.74 percent to 6,639.09 points in midday deals.
In the Media by AFP

Asian shares mostly up, but yen sinks Tokyo

Hong Kong - Asia's markets mostly rose on Wednesday following a slight rebound on Wall Street but Tokyo took another hit from a stronger yen.The benchmark Nikkei-225 index sank 307.19 points or 2.10 percent to 14,299.
In the Media by AFP

Nasdaq snaps losing streak, leads market higher

New York - The tech-rich Nasdaq Composite Index rallied Tuesday, leading the market to its first day of gains after three straight losses.The Nasdaq jumped 33.23 (0.81 percent) to 4,112.99.The Dow Jones industrial Average advanced 10.40 (0.06 percent) to 16,256....
In the Media by AFP

European stocks slide further

London - Europe's main stock markets retreated further on Tuesday as Ukraine-Russia tensions and the IMF cutting its forecast for global growth offset robust British manufacturing data.London's FTSE 100 dropped 0.49 percent to close 6,590.
In the Media by AFP

US stocks fall more than 1% as tech slump continues

New York - US stocks Monday slumped for a third day in a row as investors worried about whether high-flying technology stocks are overvalued and cautiously anticipated earnings season. The Dow Jones Industrial Average tumbled 166.84 points (1.
In the Media by AFP

European stocks slide after losses elsewhere

London - European stocks fell Monday, after heavy losses elsewhere, as investors fretted over the global technology sector, the US interest rate outlook and fresh unrest in Ukraine, dealers said.
In the Media by Roland Jackson (AFP)

Nasdaq falls more than 2% as momentum stocks tumble

New York - The tech-rich Nasdaq Composite Index tumbled more than two percent in midday trade Friday in a sell-off that battered most of the sector.Around 1730 GMT, the Nasdaq sank 96.85 points (2.29 percent) to 4,140.89, near the session low of 4,131.03.
In the Media by AFP

European stocks advance on solid US jobs data

City Of London - Europe's main stock markets pushed higher on Friday as jobs data showed the recovery in the US economy is back in form after catching a winter cold.London's FTSE 100 index climbed 0.56 percent compared with Thursday's closing value to stand at 6,686.
In the Media by AFP

Asian shares mixed, US jobs data in view

Hong Kong - Asian markets were mixed Friday with mild profit-taking following a healthy week of gains, with the focus now on the release of US jobs data later in the day.Tokyo's benchmark Nikkei-225 index edged down 0.05 percent, or 8.11 points, to 15,063.
In the Media by AFP

Wall Street debates if high-speed trade rigs market

New York - Regulators have sharpened scrutiny of high-speed trading in the wake of criticism that architects of the cutting-edge practice have rigged the market against ordinary investors.
In the Media by Prune PERROMAT (AFP)

British takeaway delivery website debuts on stock market

London - British online takeaway delivery service Just Eat launched on the London Stock Exchange on Thursday in a partial flotation which valued it at £1.5 billion ($2.5 billion, 1.8 billion euros).
In the Media by AFP
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Traders work on the floor of the New York Stock Exchange
With the permission by Reuters / Brendan McDermid
Traders work on the floor of the New York Stock Exchange
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