European markets fell Friday as investors were not encouraged by the rate cuts announced by central banks.
European markets fell Thursday as investors remained watchful ahead of a meeting of the European Central Bank in Frankfurt where the bank will take a decision on interest rates.
Former Barclays boss Bob Diamond testified Wednesday before the British Parliament's Treasury Select Committee denying that anyone in the British government instructed the bank to manipulate the rate that determines the cost of trillions of dollars worth of loans and derivatives traded worldwide every day.
European markets fell Wednesday, but investors continued to expect that the central banks would coordinate to announce stimulus measures to regain the growth momentum.
CEO Robert Diamond's ouster from Barclays (NYSE: BCS) raises questions about whether Wall Street's doyen, Jame Dimon, CEO of JPMorgan Chase (NYSE: JPM), might be next to go, especially as his bank's problems mount.
The top after-market NYSE gainers Monday were: BPZ Resources, Endeavor International, InvenSense, Radian Group and Synovus Financial. The top after-market NYSE losers were: Overseas Shipholding Group, Mueller Water Products, Capital Senior Living, Boise Inc and Phillips 66.
Asian markets are expected to begin the week on the upswing gains after leaders of the European Union agreed on action to stem the region's debt crisis.
Disappointed by the lack of aggressive action by the U.S. Federal Reserve during the meeting of its powerful rate-setting committee last week, and expecting little more than rehashed promises from the leaders of Europe this week, pessimistic market-watchers are turning to once again guessing when the clock atop the Eurozone time-bomb will finally run to 0.
Reuters Market Eye - Morgan Stanley has upgraded Indian stocks to equalweight in its latest report after having rated them underweight since the first quarter of 2011.
European markets rose Friday following encouraging announcements at the European Union summit in Brussels, where EU leaders are tackling the debt crisis threatening the financial union.
LiveDeal, Orexigen Therapeutics, Lincare Holdings, Synta Pharmaceuticals, Barclays, JPMorgan Chase and Deutsche Bank are among the companies whose shares are moving in pre-market trading Thursday.
European markets rose Wednesday following global cues but investors remained watchful about the debt crisis lingering over the euro zone.
Teva Pharmaceutical Industries, Intel Corp, Watson Pharmaceuticals, Cellcom Israel, Nokia Corp, Banco Santander, Deutsche Bank and Microsoft Corp are among the companies whose shares are moving in pre-market trading Monday.
European markets fell Monday as investors remained concerned about the debt crisis lingering over the euro zone.
Thursday's downgrade contained a veiled threat that pointed at politicians in Germany, the United Kingdom, France and the United States and plainly stated, Stop talking about making the banks responsible for their own follies -- or else.
Harvest Natural Resources, Sony Corp., Morgan Stanley, Banco Santander, Deutsche Bank, Jack in the Box, Statoil and IHS Inc. are among the companies whose shares are moving in pre-market trading Friday.
Moody's Investors Service downgraded 15 global financial institutions Thursday, including five of the largest U.S. banks, nine major European banks and the Royal Bank of Canada (NYSE: RY), a move that could tighten borrowing and require the companies to post billions of additional collateral.
Chinese market regulators announced Thursday they could be easing the rules that currently allow only a small group of foreign banks to invest in the national equity and bond markets, a move that is seen as part of a wider campaign to open the country's financial system to global competition. Whether by design or by coincidence, however, the move also takes a tremendous amount of pressure off the country's central bankers, who are between a rock and a hard place in deciding whether or n......
Expectations for U.S. company earnings are on a slippery slope down Wall Street. While the downward slide in estimates highlights the caution analysts and companies are expressing, investors should also be aware that companies are setting lower goals so that they can look better or be able to ?beat estimates? when the results come out.
European markets rose Tuesday but investors remained cautious as concerns about the debt crisis looming over the euro zone were revived with increasing borrowing costs of Spain.
European markets fell Thursday as investor confidence was low ahead of the Italian bond auction later in the day.
The top after-market NYSE gainers Tuesday were: Higher One Holdings, Alpha Natural Resources, Curtiss-Wright, Health Management and J.C. Penney Company. The top after-market NYSE losers were: Scotts Miracle, 3D Systems, Endeavor International, Celadon Group and Fifth & Pacific Companies.
