Stocks worth following

May 20, 2013
Stocks worth following

Consumer Goods Cambell is the top performer in packaged food business with $5 above the consensus price of its shares. Company’s estimates are believed to raise even more beginning with sales increase of 12%. Cambell is beating its competitors especially in Europe, a region not particularly favorable for US packaged […]

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GM bounces back to normal levels

May 20, 2013
GM bounces back to normal levels

The General Motor Co. shares price came back almost to 2011 levels following the global economic picture recent months as it closed at $33.42 on Friday. The share price raise led investors to discuss a possible Treasury withdrawal from the auto maker. That would also help GM to get back […]

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Yahoo ready to acquire Tumblr social-blogging site

May 20, 2013
Yahoo ready to acquire Tumblr social-blogging site

Tumblr is a blogging site and social network company founded in 2007 by its current CEO David Karp. The site employs around 175 people. Millions of blogs and billions of post are the main resource the company offers to its users, accompanied by a strong mobile platform. So far, the […]

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Strong economic data offsets recent dips in stocks

May 20, 2013
Strong economic data offsets recent dips in stocks

Dow Jones Industrial Index recorded a new record high to 15354.40, an increase of 0.8%. This is a third record high in last four sessions. The last minute raise in shares helped the index to overcome recent share loss in price. The other average also hit a record high. S&P […]

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Investors agree: Apple is losing edge in innovation

May 17, 2013
Investors agree: Apple is losing edge in innovation

Company’s shares slipped by 40% from last year’s high as investors are loosing confidence of Apple ability as a tech innovator. Following a poll by Bloomberg, 71% of respondents declare that company is falling behind. Of whom 28% suggest this is a permanent trend while 43% believe it’s a temporary […]

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Europe’s car market takes a breather after 18 months of decline

May 17, 2013
Europe’s car market takes a breather after 18 months of decline

New car registrations increased by 1.8% recording first rise since September 2011 acording to ACEA (automotive industry association). That slight climb is believed to be triggered by UK increased demand. The interest in the industry could be explained by seasonal fluctuations related to Easter holiday. Many European markets offered two […]

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US stocks fell from all time highs as Fed might slow down stimulus

May 17, 2013
US stocks fell from all time highs as Fed might slow down stimulus

As the Fed is buying $85 billion of assets a month, it could implement a monetary policy for buying government securities, increasing money supply for the goal of making market more liquid. That strategy is called quantitative easing. Negative effect of the policy could be depreciation of currency or increased […]

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Google enters music streaming market

May 16, 2013
Google enters music streaming market

Larry Page, CEO of Google, surprisingly appeared at the Google’s developer conference where he accused a competitor ( most likely Microsoft Corp.) for trying to steal the spark of Google’s shares. He was probably referring to the recent advertising Microsoft ran which poke fun at Google’s alternative to Microsoft Office. […]

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Little change in US and EU stocks

May 16, 2013
Little change in US and EU stocks

The DOW Jones Industrial average raised by 0.4% reaching a high sixth time in nine sessions.The S&P 500 added 0.51% increase also reaching a record high.The index has been constantly growing recording drops only on two sessions this month. Despite US economy’s struggle to get ahead indexes are presenting a […]

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BlackBerry message system BBM expanding reach

May 16, 2013
BlackBerry message system BBM expanding reach

The Research in motion Ltd. (BlackBerry) announced plans to push forward the new message system and make it available for Android operating system thus usable to Apple and Google. BBM has around 60 million active users. Entering in this deal BBM has to compete with other instant message products such […]

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