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Sage annual pretax profits rise 20 pct

British software maker Sage Group said it saw a return to organic revenue growth in the second half and improving market for its services. The company, which added 252,000 customers in the year, said support contract renewals were maintained at 81 percent.
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EU to launch antitrust probe on Google

The European Commission has decided to probe Google Inc. after complaints by search service providers about unfavourable treatment of their services in Google's search results along with an alleged preferential placement of Google's own services.
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Top Pre-Market NASDAQ Gainers (IBKR, SODA, DECK, RIMM, OXPS)

The top pre-market NASDAQ stock market gainers are: Interactive Brokers Group, SodaStream International, Deckers Outdoor, Research In Motion, optionsXpress Holdings, Sangamo Biosciences, DepoMed, Silver Standard Resources, and Pan American Silver.
Traders work on the floor of the New York Stock Exchange

US stocks set to open lower

Futures on major U.S. stock indices point to a lower opening on Tuesday as renewed concerns about European sovereign debt crisis weighed on sentiment.
Apple profit view raised at ThinkEquity

Apple profit view raised at ThinkEquity

ThinkEquity has increased its profit estimates and price target on Apple Inc., saying that the recent expansion of iPad distribution in the U.S. and iPad's launch in more international markets, easing of supply constraints this quarter are strong positives for the company.
With New York's Empire State Building behind them, a group of friends play in the snow in a park along the Hudson River in Hoboken, New Jersey

It may be cold, but historically December is hot month for stocks

While investors currently grapple with a number of very troubling geopolitical and economic issues -- namely the threat of war in Korea and the potential sovereign debt contagion in Europe, interest rate hikes by China, among others – some might take solace in the fact that December has consistently been the best-performing months for U.S. going back more than sixty years.
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EUR/USD in oversold zone, may rebound to 1.320-327 (R1), 1.336(R2)

Below the 30-mark, RSI on both day and 4-hour charts suggest the pair is in the oversold territory and any fundamental signal showing weakness for the greenback could push the pair up to 1.320-1.327 (R1) before marching ahead to 1.336 (R2), its 38.2 percent Fibonacci. Further up, 1.344 (R3) is seen as a strong resistance for the pair.
Traders work on the floor of the New York Stock Exchange

US stocks plunge on eurozone concerns

US stocks declined in early trade on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.
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US futures point to flat opening

Futures on major U.S. indices point to flat opening on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.
Traders gather around the General Motors trading post on the floor of the New York Stock Exchange

Stocks sink on Korea, euro debt worries

Stocks tumbled in a holiday-shortened session on worries over threats of war by North Korea and pervasive fears that the euro zone sovereign debt crisis may spread to Spain and Portugal. Apparently, traders saw little solace in what appears to be shaping up as a strong Black Friday on the retail front.
Burlington Northern Santa Fe trains make their way through a rail yard in Cicero Illinois

Railway stocks on track for long-term growth

Railroad companies are probably not at the top of most investors’ wish list, but these stocks have performed superbly this year and likely represent a solid long-term investment theme.

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