Financial News Stories
Stocks ended nearly flat, as investors took a breather after yesterday’s bull run. Meanwhile the Dow finished at new record high for the second consecutive day. Trading volumes for the day remained low. The energy sector was the biggest gainer … Continue reading
Today I am looking at the earnings prospects for British retailing institution NEXT (Frankfurt: NXG.F – news) in 2014. Earnings ready to rumble higher In my opinion, NEXT (Other OTC: NXGPF – news) is in great shape to punch stratospheric … Continue reading
* SP 500 stock index set for best week in two months * European shares head for best week in 8 months * Euro recovers after falling on SP cut to EU debt rating * Gold heads for biggest annual … Continue reading
NEW YORK (AP) — Stocks are rising on Wall Street, pushing the market further into record territory, after the U.S. raised its estimate for third-quarter economic growth. The Dow Jones industrial average was up 81 points, or 0.5 percent, to … Continue reading
BEIJING (Reuters) – China aims to start building at least 6 million units of public housing next year, state media said on Saturday, reinforcing a government effort to supply more low-cost homes to counter record property prices. But next year’s … Continue reading
TOKYO (Reuters) – The government forecast on Saturday that Japan’s real gross domestic product will grow by 1.4 percent for the fiscal year starting March 2014, slowing from an expected 2.6 percent growth for the current year as a planned … Continue reading
By Phil Wahba, Dhanya Skariachan and Lisa Baertlein NEW YORK/LOS ANGELES (Reuters) – After buying and remodeling a home, Karin Gilles and her husband, Dave Muilenburg, are not splurging on holiday gifts this year – no matter how drastically retailers … Continue reading
By Ludwig Burger FRANKFURT (Reuters) – Germany’s largest lender Deutsche Bank (DBK.DE) has signaled it might have to set aside more money for potential future litigation costs, following its $1.9 billion settlement with a U.S. mortgage market regulator. In an … Continue reading
NEW YORK (AP) — Stocks are closing higher on Wall Street after the U.S. raised its estimate for economic growth in the third quarter. The Dow Jones industrial average rose 42 points, or 0.3 percent, to 16,221 Friday. It’s up … Continue reading
* SP, Dow hit record highs, Nasdaq highest since 2000 * Euro rebounds in wake of SP’s cut of EU’s AAA rating * U.S. yield spreads shrink as Fed’s taper changes rate view * Gold rises but set for biggest … Continue reading
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