The stock market made it three up days in a row Monday, thanks to slew of acquisitions that has observers wondering if Wall Street is getting back its Mojo.
The Kenyan shilling was stable against the dollar on Monday and was seen firming due to a squeeze on shilling liquidity in the money markets, while stocks edged lower for a second session.
S&P published a report today that shows how its ratings downgrade of America?s debt is affecting bond spreads, issuance volume, and the corporate default rate.
Tanzania's inflation rose for the ninth successive month in July on the back of higher food and energy costs and analysts said it was set to keep rising due to a poor supply outlook for staple foods and the cost of importing oil.
Poland became the third most active retail investment market in Europe in the first half of 2011, with $1.73 billion transacted.
Investor confidence in the United Arab Emirates, the once-high flying Gulf country that crashed during the debt crisis, is at its highest level in 12 months.
Google Inc. (NASDAQ: GOOG) said it agreed to buy Motorola Mobility Holdings, Inc. (NYSE: MMI) for $40 per share in cash or a total of about $12.5 billion. This might create more heat for Apple Inc. (NASDAQ: AAPL), as Google is trying to improve its Android ecosystem with this acquisition.
The continuing sovereign debt crisis in the eurozone and S&P?s downgrade of the U.S. credit rating have increased the safe haven demand for gold and the prices have reached new highs. But investors remain skeptical whether there could be further rally in the price.
Jefferies recently met with Visa Inc. (NYSE: V) management and felt the sessions were upbeat in terms of Visa's competitive positioning, product strategy, post-Durbin initiatives, business model resiliency (regardless of macro climate), and robust, highly visible EPS growth.
The top after-market NYSE gainers on Friday are: Beazer Homes USA, Ralcorp Holdings, Regency Energy Partners, Leapfrog Enterprises and Radian Group. The top after-market NYSE losers are: Stewart Information Services, Stantec, PolyOne Corp, Triumph Group and DSW Inc.
Bund futures dipped Monday following overnight trading that saw equities rebound after a hefty drop last week.
Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.
Expect Gov. Rick Perry to tout Texas? business-friendly environment now that he?s announced his presidential campaign.
Don?t blame short sellers ? blame the ban on short selling for adding to an already volatile stock market.
China Mobile Ltd , the world's biggest mobile operator, said on Friday it will set up a finance unit with 5 billion yuan ($780 million), in a move that could disappoint shareholders hoping for a dividend hike.
Lloyd C. Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., lost about $52 million of his personal wealth this month.
Although they?ve largely avoided enormous layoffs, there?s no reason for Middle Eastern banks to rest on their laurels, says The Islamic Globe.
The Republic of Congo's non-crude revenues rose 25 percent to 500 billion CFA Francs in the first-half of the year, Congo's president Denis Sassou N'Guesso said on Friday, adding the economy needed to ease its reliance on an oil industry poised for decline.
Visitor arrivals to Mauritius rose by 1.3 percent between in July from a year earlier, buoyed by an increase in tourists from China and South Africa, the government said on Friday.
Nigeria distributed 616 billion naira from federal accounts to its three tiers of government for July, up by 1.6 percent from the previous month, the accountant general said on Friday.
South Africa's rand steadied against the dollar on Friday but faced further losses after a turbulent week in which it hit its weakest levels in more than a year as investors spooked by debt woes in the U.S. and Europe fled to safer havens like the yen.
Record-low borrowing costs in Great Britain are partly behind a small but scrappy real estate boom.
U.S. consumer confidence plunged in August, according to the latest reading. The level is the lowest since 1980.
There?s a chance that S&P could downgrade America?s rating another notch to AA if no serious action is taken on the deficit.
More fake Apple stores spotted in the city of Kunming.
The financier Alex Meruelo is being joined by Meruelo Capital Partners in the purchase of the NBA's Atlanta Hawks.
U.S. July retail sales moved higher, according to the Commerce Department, and stock markets advanced on the report Friday.
MAP Pharmaceuticals Inc. (NASDAQ: MAPP) announced the issuance of a U.S. patent which extends Levadex intellectual property protection to 2028.
The companies whose shares are moving in pre-market trade on Friday are: Nordstrom, J.C. Penney, Prudential Financial, Raytheon, CSX, F5 Networks, Windstream, Carnival Corp, JDS Uniphase, Wynn Resorts and Host Hotels & Resorts.
After a week of gyrations that's seen the Dow Jones Industrial Average rise or fall 400 points for four straight days, it's understandable if U.S. investors are bewildered. Given the tumult, what stance should investors adopt now?