Forex: Month End Review May 2011, USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD
U.S. stocks declined in early trade on Wednesday as weaker-than-expected ADP private sector employment report weighed on the sentiment.
The companies whose shares are moving in pre-market trade on Wednesday are: HCP, Macy's, Sealed Air Corp, Thompson Creek Metals, EMC Corp, Nokia Corp, Sequans Communications, Armour Residential REIT, Inergy, H J Heinz Co, Tiffany & Co. and Massey Energy Co.
Saudi Arabian prince Alwaleed bin Talal would like to see oil prices drop to the $70-$80 a barrel range in a move to thwart western development in alternate fuels.
The Dollar Gold Price traded in a $3 range around $1526 per ounce on Friday morning in London, while stocks and commodities were up and the Euro rallied despite concerns the IMF may halt the latest payment of Greece's €110 billion bailout.
Some of the biggest and best-known international banks held billions of dollars Libyan state oil money.
Goldman Sachs' mortgage-servicing division, Litton Loan, was accused of denying loans without proper review.
Dollar Gold Prices hit a three-week high of $1528 per ounce on Wednesday morning in London, while commodities - like global stock markets - failed to add much to the gains they made Tuesday after Goldman Sachs issued a bullish note on natural resources.
Crude oil prices declined in Europe trade as strengthening U.S. dollar and weaker-than-expected decline in U.S. crude stockpiles weighed.
Aren't you at all curious about who's behind this lynching by media scam? This is an all-out, no-holds-barred, steel-cage, take-down. The big boys save that kind of action for the worst offenders, that is, for the insiders who have broken Omerta or wandered off the reservation. Even Bernie Madoff was allowed to stay in his $7 million Park Avenue penthouse.
The top pre-market NASDAQ Stock Market gainers are: Glu Mobile, PetSmart, Exelixis, Lam Research, and Dollar Tree. The top pre-market NASDAQ Stock Market losers are: Smart Technologies, Melco Crown Entertainment, Metabolix, KLA-Tencor, Yongye International, Applied Materials, and Intel.
The companies whose shares are moving in pre-market trade on Wednesday are: Eastman Kodak, PetSmart, Eaton, First Majestic Silver, Salesforce.com, Big Lots, Advance Auto Parts, Merck & Co, Applied Materials and Intel Corp.
Mountain View-based social networking site for professionals, LinkedIn has priced its IPO at the higher end $45 a share, making it the biggest US Internet IPO since Google went public and indicates the voracious investor appetite for social networking sites.
The top after-market NYSE gainers on Wednesday are: Niska Gas Storage Partners, K-V Pharmaceutical, First Majestic Silver Corp, Limited Brands and Eastman Kodak Co. The top after-market NYSE losers are: Advance Auto Parts, SouFun Holdings, Heckmann, Pier 1 Imports and Omnicare.
Mark Carney, a former Goldman Sachs employee and the current Governor of Bank of Canada, is a huge commodities bull.
Alarmingly frequent bubbles and busts in copper, wheat, crude oil, silver and pretty much all other natural resources might now be the collateral damage of QE
Insurance conglomerate AIG had been named the least reputable company in the United States by the annual Reputation Report from market researcher Harris Interactive.
U.S. Dollar Gold Prices continued on Monday morning where they'd left off on Friday, zigzagging around $1495 while global stock markets fell along with major industrial commodities oil and copper.
The companies whose shares are moving in pre-market trade on Friday are: Eastman Kodak, Tyco International, Dean Foods, Agilent Technologies, Dillard's, Aetna, General Mills, Valero Energy, El Paso Pipeline, Lexington Realty and Robert Half International.
Thursday's London Silver Fix set the white metal's price at $32.50 per ounce, nearly $7 lower than a day earlier and 33% below the 31-year high of $48.70 set on April 28. [Silver] is still in an uptrend, despite the sharp sell-off reckons Mary Ann Bartels, head of US technical and market analysis at Bank of America Merrill Lynch, who said yesterday silver could hit $50 per ounce by the end of the year.
The Sri Lankan born Hedge fund founder Raj Rajaratnam, the billionaire manager of the Galleon hedge fund, was found guilty on Wednesday on all counts in the largest hedge fund insider trading case in the United States history.
Top hedge fund founder and stock trader Raj Rajaratnam was 'expressionless' in a New York federal court on Wednesday as a jury verdict was read finding him guilty of 14 charges, including insider trading.