US stock futures climb following two day trend

June 10, 2013
US stock futures climb following two day trend

The US stock index futures rose following a significant two day climb  that hasn’t happened since January this year. S&P 500 futures expiring this month gained 0.4%, Dow Jones Industrial Average added 0.3%. Apple’s futures are trading higher as company is supposed to unveil a new version of the software […]

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Intel’s share price highly undervalued

June 10, 2013
Intel’s share price highly undervalued

The company’s future is looking more than stable as investors have predicted for this year. The company is well positioned and hoping to receive gains from its smartphone and tablet chips. Strong performance in server sector and increased PC sales are said to beat investors’ predictions. PC sales this year […]

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Google to beat Facebook in a Waze auction

June 10, 2013
Google to beat Facebook in a Waze auction

Google is very close to acquire the navigation and traffic application Waze for $1.3 billion said a person familiar with the negotiation talk to The Wall Street Journal. Facebook was supposed to pay $1 billion to buy the Israeli company that uses satellite signals to generate maps and traffic data […]

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US stocks index surge after positive data

June 10, 2013
US stocks index surge after positive data

After Friday’s positive data for the non-farm payrolls change US stocks indexes went up reaching monthly high and giving the investors mixed signals of what the Fed would do to the stimulus program. Dow Jones Industrial Average posted its second sharpest raise this year. S&P 500 also rose significantly and […]

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UK stocks high on US payrolls data

June 7, 2013
UK stocks high on US payrolls data

UK top benchmark indexes rose significantly over positive US data. The change in non-farm payrolls topped estimates with 12 000 more jobs open than predicted. The FTSE 100 index is up 0.37% today making a big jump right after the US data was posted. Bellway Inc, the residential property developer […]

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US stock futures unchanged, waiting on US data

June 7, 2013
US stock futures unchanged, waiting on US data

US stock index futures were almost unchanged today as important data on US unemployment rate is yet to be released. The important indicator could be a turning point in the discussion of whether US government should taper on bond buying stimulus program. S&P 500 index futures fell less than 0.08%, […]

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MAN SE threatens VW with a legal battle

June 7, 2013
MAN SE threatens VW with a legal battle

Volkswagen Group made an offer to MAN SE minority shareholders to buy out their shares for 80.89 euros per share. Right now the company owns 75% of MAN SE shares and the offer aims to make VW a sole owner of the mechanical engineering company. The offer represents a 7.1% […]

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Samsung hurt after JP Morgan estimates cut

June 7, 2013
Samsung hurt after JP Morgan estimates cut

Samsung Electronics, the biggest rival of Apple in tech industry, suffered $12 billion in market value today hit by analysts’ downgrade on its profit estimates. JP Morgan Chase specialists cut forecasts as expecting tech giant to slow sales on its flagship product – Samsung Galaxy S4. The company’s shares plunged […]

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Toyota redesigns Corolla in a conservative way

June 7, 2013
Toyota redesigns Corolla in a conservative way

Toyota Motor Corp. presented its 2014 design for the Corolla brand line. The sedan is supposed to compete with Honda Civic and Ford Focus. The Corolla automobile is defined as the most popular car nowadays. The company claims to have sold around 40 million of those making it the best […]

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US stocks push higher on weak dollar

June 7, 2013
US stocks push higher on weak dollar

The US stock market pushed higher offsetting recent declines, triggered by the huge drop in dollar versus the yen. The volatility in stock market yesterday was caused by negative data on US initial jobless claims and strong European economic data which pushed the euro higher versus the dollar. The S&P […]

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