Archive: Page 11
ECB Gives Cyprus Funding Deadline as New Plan Sought
*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.)
Take Away #1: Protests erupt outside Parliament as President Nicos Anastasiades maneuvered at home and in Russia to stave off financial collapse.
Key Facts and Figures:
Cypriot...
U.S. Stocks Fall Amid Europe Concern as Oracle Tumbles
*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.)
Take Away #1: U.S. stocks fell as concern about Europe’s debt crisis overshadowed better-than-estimated American Economic Data.
Key Facts and Figures:
The S&P...
Biggest Solar Collapse in China Imperils $1.28 Billion
*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.)
Take Away #1: Investors stand to lose most of the $1.28 billion they put into Suntech Power Holdings Co. (STP) after the solar manufacturer said it wouldn’t resist...
Oracle Tumbles as Sales and Profit Miss Amid Cloud Competition
*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.)
Take Away #1: Oracle Corp. (ORCL) shares fell the most since 2011 after the company reported sales and profit that missed analyst’s estimates.
Key Facts and Figures:
Fiscal...
U.S. Stocks Rise as Fed to Continue Bond-Buying Program
*from www.bloomberg.com, Mar. 20, 2013 (To view original article click here.)
Take Away #1: U.S. stocks rose, snapping a three-day decline in the S&P 500 Index.
Key Facts and Figures:
The S&P 500 (SPX) advanced 0.7% to 1,558.84...
eBay Overhauls Seller Fees to Lure Merchants From Amazon
*from www.bloomberg.com, Mar. 19, 2013 (To view original article click here.)
Take Away #1: eBay Inc. (EBAY) is overhauling fees for sellers for the first time since 2010, to reduce costs and make pricing simpler.
Key Facts and Figures:
Fees...
Cyprus Rejects Deposit Levy in Blow to European Bailout
*from www.bloomberg.com, Mar. 19, 2013 (To view original article click here.)
Take Away #1: Cyprus’s parliament rejected an unprecedented levy on bank deposits.
Key Facts and Figures:
This deals a blow to European plans to force savers...
Wells Fargo Should Have Failed the Stress Test
*from www.money.cnn.com, Mar. 19, 2013 (To view original article click here.)
Take Away #1: Shortly after the Federal Reserve released the results of its recent stress test, Wells Fargo themselves said it had no idea how the Fed came up with...
Fed Meeting: Bracing for Bernanke Buzzkill
*from www.money.cnn.com, Mar. 19, 2013 (To view original article click here.)
Take Away #1: Stocks are rallying, job growth is strengthening, and a housing recovery is well underway, but don’t expect the Fed to back away from its stimulus...
Apple Seen Raising Dividend More Than 50% to $16 Billion
*from www.bloomberg.com, Mar. 18, 2013 (To view original article click here.)
Take Away #1: Apple is poised to boost its dividend by more than half, providing investors one of the highest yields in the U.S. technology industry.
Key Facts and...