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Betting on Beijing: Where to Look Now
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Some small Chinese firms are listed on Nasdaq, and possibly poised to grow.Some small Chinese firms are listed on Nasdaq, and possibly poised to grow.
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Commodity Boom Signals Russia Return
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Energy and metals could keep returns flowing for risk-tolerant investors.Energy and metals could keep returns flowing for risk-tolerant investors.
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Hellenic Exchange Holding cut to hold at Citigroup
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Greek holding company Hellenic Exchange Holding was downgraded to hold from buy with its risk rating moved to high at Citigroup, which said with prolonged weakness ahead in the economy, it's too early to turn positive on Greek equity market fundamentals even after a bailout scenario.Greek holding company Hellenic Exchange Holding was downgraded to hold from buy with its risk rating moved to high at Citigroup, which said with prolonged weakness ahead in the economy, it's too early to turn positive on Greek equity market fundamentals even after a bailout scenario.
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Too early to declare victory, optimistic Harris says
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Economist Ethan Harris wants you to know he's optimistic about the U.S. economy, so you know he's not just being a Gloomy Gus or a permabear when he says the recovery "remains extremely fragile and dependent on policy." "The economy is still on life support," says Harris, who took over as chief North American economist at Merrill Lynch last September from David Rosenberg.Economist Ethan Harris wants you to know he's optimistic about the U.S. economy, so you know he's not just being a Gloomy Gus or a permabear when he says the recovery "remains extremely fragile and dependent on policy." "The economy is still on life support," says Harris, who took over as chief North ...
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Asian Shares Mixed; Aurox Surges On Merger Agreement
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Asian stock markets traded mixed Wednesday as investors looked for cues later in the week, while Aurox Resources powered higher in Sydney on news of a merger with Atlas Iron. There was little in the way of data or news to drive markets, and many investors in New Zealand and South Korea were on the sidelines ahead of their central banks' policy decisions Thursday.Asian stock markets traded mixed Wednesday as investors looked for cues later in the week, while Aurox Resources powered higher in Sydney on news of a merger with Atlas Iron. There was little in the way of data or news to drive markets, and many investors in New Zealand and South Korea were on the sidelines ...
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Asian Shares Mixed; Aurox Surges On Merger Agreement
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Asian stock markets were mixed Wednesday, with stocks drifting as investors looked to cues later in the week. There was little in the way of data or news to drive the market, and many investors in New Zealand and South Korea were on the sidelines ahead of their central banks' policy decisions Thursday.Asian stock markets were mixed Wednesday, with stocks drifting as investors looked to cues later in the week. There was little in the way of data or news to drive the market, and many investors in New Zealand and South Korea were on the sidelines ahead of their central banks' policy decisions Thursday.
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On Woeful Anniversary, Traders Hold Fast
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A year after the Dow's recession-era low, stocks and ETFs idle.A year after the Dow's recession-era low, stocks and ETFs idle.
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US Stocks Edge Higher, Led By Telecom Sector
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U.S. stocks rose slightly Tuesday, led by such telecommunications companies as AT&T and Verizon Communications following the unveiling of a faster router from Cisco Systems.U.S. stocks rose slightly Tuesday, led by such telecommunications companies as AT&T and Verizon Communications following the unveiling of a faster router from Cisco Systems.
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US Stocks Edge Higher, Led By Telecom Sector
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U.S. stocks rose slightly Tuesday, led by telecommunications companies including AT&T and Verizon Communications following the unveiling of a faster router from Cisco Systems.U.S. stocks rose slightly Tuesday, led by telecommunications companies including AT&T and Verizon Communications following the unveiling of a faster router from Cisco Systems.
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US Stocks Up But Not As Much As Earlier; Alcoa, Merck Off 1%
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Stocks' gains faded Tuesday afternoon, leaving the market near the flatline as traders unloaded banks and commodity producers that have often benefited lately from bets on the U.S. recovery. The Dow Jones Industrial Average, which was up almost 60 points at its intraday high, was recently up 11 at 10564.Stocks' gains faded Tuesday afternoon, leaving the market near the flatline as traders unloaded banks and commodity producers that have often benefited lately from bets on the U.S. recovery. The Dow Jones Industrial Average, which was up almost 60 points at its intraday high, was recently up 11 at 10564.
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U.S. SEC's chief economist to leave agency March 31
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The U.S. Securities and Exchange Commission's chief economist, James Overdahl, will be leaving at the end of the month, he said on Tuesday. Overdahl, who was in charge of the SEC's office of economic analysis before it was merged with another office, will be joining National Economic Research Associates.The U.S. Securities and Exchange Commission's chief economist, James Overdahl, will be leaving at the end of the month, he said on Tuesday. Overdahl, who was in charge of the SEC's office of economic analysis before it was merged with another office, will be joining National Economic Research Associates.
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US Stocks Up; Telecom, Tech Stocks The Bright Spots
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The stock market climbed, helped by Cisco Systems' unveiling of an Internet router that could help alleviate the bottlenecks that have plagued mobile networks lately. The Dow Jones Industrial Average was up 32 points, or 0.3%, at 10585.The stock market climbed, helped by Cisco Systems' unveiling of an Internet router that could help alleviate the bottlenecks that have plagued mobile networks lately. The Dow Jones Industrial Average was up 32 points, or 0.3%, at 10585.
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Clinton, Bernanke discuss global economy, diplomacy
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U.S. Secretary of State Hillary Clinton and Federal Reserve Board Chairman Ben Bernanke discussed the intersection of global economic issues and foreign policy at lunch on Tuesday, the State Department said.U.S. Secretary of State Hillary Clinton and Federal Reserve Board Chairman Ben Bernanke discussed the intersection of global economic issues and foreign policy at lunch on Tuesday, the State Department said.
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US Stocks Boosted By Technology Stocks, Led By Cisco
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Stocks received a boost from Cisco Systems' unveiling of a router that could reduce the data bottlenecks that have become an unwelcome byproduct of the popularity of Internet-enabled mobile devices. For a second straight day, the telecommunications and technology sectors were the market's biggest bright spots, though gains were muted elsewhere.Stocks received a boost from Cisco Systems' unveiling of a router that could reduce the data bottlenecks that have become an unwelcome byproduct of the popularity of Internet-enabled mobile devices. For a second straight day, the telecommunications and technology sectors were the market's biggest bright ...
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Telecom Sector Leads US Stocks Higher After Cisco Announcement
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The telecommunications sector led U.S. stocks higher Tuesday as Cisco unveiled a faster router following weeks of hype over the announcement. The Dow Jones Industrial Average was up 47 points, or 0.4%, at 10599 in recent trading.The telecommunications sector led U.S. stocks higher Tuesday as Cisco unveiled a faster router following weeks of hype over the announcement. The Dow Jones Industrial Average was up 47 points, or 0.4%, at 10599 in recent trading.
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Fed's Evans throws cold water on rate hike concerns
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Charles Evans, the president of the Chicago Federal Reserve Bank, threw cold water Tuesday on market fears that the central bank is itching to exit its near-zero interest rate policy. In a speech at the National Association for Business Economics and in a later press conference, Evans said he is "wary" that the unemployment rate may tick higher or at least remain stuck at its current 9.7% level.Charles Evans, the president of the Chicago Federal Reserve Bank, threw cold water Tuesday on market fears that the central bank is itching to exit its near-zero interest rate policy. In a speech at the National Association for Business Economics and in a later press conference, Evans said he is "wary" ...
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US Stocks Climb As Telecom Surges After Cisco Unveils Router
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U.S. stocks edged higher on Tuesday as the telecommunications sector steamed ahead after Cisco Systems announced it has developed a new high-speed Internet router. The Dow Jones Industrial Average was up 30 points, or 0.3%, at 10582 in recent trading. Telecom components AT&T and Verizon surged.U.S. stocks edged higher on Tuesday as the telecommunications sector steamed ahead after Cisco Systems announced it has developed a new high-speed Internet router. The Dow Jones Industrial Average was up 30 points, or 0.3%, at 10582 in recent trading. Telecom components AT&T and Verizon surged.
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US Stocks Edge Higher, Led By Telecom; DJIA Up 10
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U.S. stocks edged higher Tuesday as anticipation for a big announcement from Cisco lifted the telecommunications sector, but declines across materials and financials kept the gains in check. The Dow Jones Industrial Average was up 10 points at 10562 in recent trading.U.S. stocks edged higher Tuesday as anticipation for a big announcement from Cisco lifted the telecommunications sector, but declines across materials and financials kept the gains in check. The Dow Jones Industrial Average was up 10 points at 10562 in recent trading.
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Fed's Evans - long term jobless target creeping up
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A top Federal Reserve official said on Tuesday that policy-makers may be accepting a higher level of unemployment as their goal in the future.A top Federal Reserve official said on Tuesday that policy-makers may be accepting a higher level of unemployment as their goal in the future.
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European Monetary Fund Closer to Reality
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Proposals for an emergency financial assistance fund in Europe picked up steam after the European Commission appeared ready to make it a reality. In the wake of Greece's sovereign debt woes, talk has swirled around creating an International Monetary Fund-like mechanism for Europe that could intervene during emergencies to help stabilize the financial system.Proposals for an emergency financial assistance fund in Europe picked up steam after the European Commission appeared ready to make it a reality. In the wake of Greece's sovereign debt woes, talk has swirled around creating an International Monetary Fund-like mechanism for Europe that could intervene ...
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