Deutsche Bank beat forecasts with a quarterly net profit at a near-record level as crisis-era expansion at its investment bank bore fruit.
The Gold Price recovered an overnight dip below $1500 per ounce in London on Tuesday, trading less than 1% shy of yesterday's new all-time high at $1518 as European stock markets rose together with major government bonds and energy prices.
The top pre-market NASDAQ Stock Market gainers are: USA Technologies, Rediff.com India, Mindspeed Technologies, Sify Technologies, Calamos Asset Management, and Veeco Instruments. The top pre-market NASDAQ Stock Market losers are: Wilshire Bancorp, Lawson Software, ZST Digital Networks, Tellabs, Netflix, and Express Scripts.
Shares of TradeStation Group Inc. (NASDAQ: TRAD) touched a new 2-year high of $9.70 on Thursday. Japanese online brokerage Monex Group said Wednesday it agreed to acquire U.S. peer TradeStation for about $411 million to gain a foothold in the world's largest equities market.
The top pre-market NASDAQ Stock Market gainers are: ASML Holding, Rediff.com India, Intel, Sify Technologies, Aixtron, and Wynn Resorts. The top pre-market NASDAQ Stock Market losers are: Cree, TriMas, and Adobe Systems.
The top after-market NASDAQ Stock Market gainers are: CDC Corp., Nanometrics, Intel, Yahoo!, and Hologic. The top after-market NASDAQ Stock Market losers are: Cree, TriMas, Ceradyne, ViroPharma, and Veeco Instruments.
Analysts expect USD/JPY to fall further, and here are 3 reasons back up that thesis.
Gold jumps to new record highs over $1480 US dollar per ounce on Friday as Asian demand is unstoppable. Silver is holding near its earlier 31-year high at $42.64.
Prices to Buy Silver and gold jumped at the start of Asian trade on Friday, hitting new 31-year and all-time Dollar records respectively, as Beijing reported a surge in China's growth and inflation rates.
U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 3 percent. Futures on major U.S. stock indices point to higher opening on Wednesday ahead of economic data including retail sales.
Deutsche Bank will change the legal status of its main U.S. subsidiary to avoid having to endow it with up to $20 billion in fresh capital, the Wall Street Journal reported on Wednesday.
U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 2 percent.
The carry trade is back and it’s the main theme in the forex market.
U.S. stocks declined on Thursday after reports of another earthquake hitting Japan in less than a month, but markets were off their lows after a tsunami warning was lifted.
Motorola's Xoom was crowned the undisputed king of tablets at CES 2011 but little did Motorola realize that the spotlight would last only a month.
A shareholder with only $1,551 in stock has accused Cisco execs of misleading the market.
Though, Xoom has comparable features and pricing to the high end version of Apple's iPad 2. The question now becomes, will the high end of the tablet market keep pace with the low end?
Deutsche Bank has cut its profit estimates of online retailer Amazon , citing impact from Japan earthquake and tsunami.
U.S. stock markets ended higher on Wednesday, led by gains from technology and banking sector stocks. Cisco Systems led gains in technology stocks after CEO John Chambers said in a memo to employees that the company has lost its way and will need to restore its credibility. Chambers suggested Cisco might change operations to narrow the company's focus.
Motorola Xoom is not yet ready to supersede iPad2. After its launch on February 24, Deutsche Bank released a sales estimate of 100,000 units of Motorola Xoom compared to a huge number of 300,000 units of iPad2 sold on day one. The number is growing exponentially for iPad2.
U.S. stocks ended mixed on Monday as gains from materials and health care sector shares were offset by declines from technology and financials.
Acer CEO and President Gianfranco Lanci steps down from his role; wanted to focus on tablets, Acer board wants to stick with PCs.