A plan to tax savings accounts, rejected by the Cypriot parliament, is again part of last-ditch discussions of how to secure an aid package from the European Union, International Monetary Fund and European Central…
ThinkstockGerman Business Confidence Business confidence in Germany continues to sputter up and down as the economies of the countries around it disintegrate. Consumer spending within its borders and trade with countries outside the European…
ThinkstockIf China will build its economy in a way that mirrors the paths taken by most of the nations in the developed world, it can grow at a rate of more than 8% per year…
courtesy of MicrosoftCyprus likely to be pushed out of the European Union if it cannot repair its finances enough to get aid. (Reuters) An Organization for Economic Cooperation and Development (OECD) report on China…
thinkstockHere are today’s five biggest gaining stocks at closing: Anacor Pharmaceuticals Inc. (NASDAQ: ANAC) is up 26% at $4.84. ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) is up 23.9% at $8.24. Enanta Pharmaceuticals Inc. (NASDAQ: ENTA)…
U.S. equity markets opened lower this morning and trailed slowly downward all day. The situation in Cyprus was unchanged this morning (more coverage here). In Europe, both manufacturing and non-manufacturing PMI fell short of…
ThinkstockNorth Korean television this morning broadcast another thinly veiled threat against the United States. In a translation provided by the U.K.’s Guardian newspaper, North Korea said: The U.S. should not forget that our precision…
ThinkstockThe United States is in the midst of one of the biggest droughts in recent memory. At last count, over half of the lower 48 states had abnormally dry conditions and are suffering from…
Jon OggInvestors and traders seem to constantly look for new good research-driven ideas for stocks to buy and for stocks to sell. Some of these come from independent research firms and some come from…
thinkstockThe venerable Dow Jones Industrial Average has been a benchmark for investors since its creation in 1896 by Charles Dow. Twelve stocks made up that first list, which was designed to represent leading American…
ThinkstockEuropean Business Activity Cyprus is not the only major concern for the European Union. The purchasing managers index (PMI) for the region plunged in March as more evidence came in that austerity may widen…
courtesy of AOL, IncChina’s PMI rises, but the improvement is unimpressive. (Reuters) Cyprus will keep banks closed and may nationalize pension funds. (Reuters) The Fed will hold interest rates as they are, as Bernanke’s…
thinkstockHere are today’s five biggest gaining stocks at closing: Donegal Group Inc. (NASDAQ: DGICB) is up 33.4% at $28.10. Model N Inc. (NYSE: MODN) is up 30.5% at $20.22. This is the company’s IPO.…
U.S. equity markets opened higher this morning and maintained the upside, anticipating that today’s FOMC statement would not provoke any surprises. And the markets were not surprised (more coverage here). In Europe, the Cypriot…
Investors have been tempering their bullish sentiment, although 24/7 Wall St. is seeing a discrepancy in the data. Slightly lower sentiment should be of no great surprise now that the markets have stalled after…