US stocks fall for second consecutive day
Health care stocks suffer as investors worry about the potential for new competition.
Health care stocks suffer as investors worry about the potential for new competition.
The price of pulp is yet to reach its maximum level and should continue to rise in the first quarter of 2018, said Fibria commercial director Henri Philippe Van Keer.
“We do not see [a price] fall in the first quarter of this year,” he said.
Accordi…
The UK prime minister hopes her trip “will intensify the golden era in UK-China relations”.
Australia will on Wednesday release Q4 numbers for consumer prices, highlighting a busy day for Asia-Pacific economic activity.
Inflation is expected to gain 0.7 percent on quarter and 2.0 percent on year after rising 0.6 percent on quarter and 1.8 p…
Brazil’s fiscal scenario for 2018 is still challenging, and the government will have to cut expenses to meet the spending limit set by law, said Brazilian Planning Minister Dyogo Oliveira at an event in Rio de Janeiro.
He said raising wages to public…
Argentina’s Minister of Modernization, Andr?s Ibarra, said the government is setting rules to block ministers from nominating relatives to state jobs.
“We are watching two levels of consanguinity – this is husbands, fathers, and sons – and it is now…
VMware shares moved lower in response to reports that Dell is considering an RTO, but traders will be watching these key levels.
The Mexican economy increased 1% in real terms during the fourth quarter of 2017 compared to the previous quarter, according to preliminary data released by the country’s statistics office.
By components, primary activities grew 3.1%, services increa…
Brazilian paper mill Fibria posted a R$ 280 million (US$ 88.45 million) net income in the fourth quarter of 2017, after a R$ 92 million loss recorded in the same period of 2016. In 2017, Fibria’s net income decreased by 34%, to R$ 1.093 billion.
In t…
Pierre Agnes’ boat was discovered washed ashore near Biarritz on France’s Atlantic coast.
Brazilian Finance Minister Henrique Meirelles said on Monday that although there may be differences in strategy between president Michel Temer and the speaker of the House of Representatives, Rodrigo Maia, everyone’s goal is to ensure the approval of …
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Good morning, it’s Paul here!
To get you started today, here is the link to yesterday’s completed report. I added new sections on Filtronic (LON:FTC) and NWF (LON:NWF) in the evening (EDIT: extra bits added re NWF, after talking to an adviser to the …
Good morning, it’s Paul here!
To get you started today, here is the link to yesterday’s completed report. I added new sections on Filtronic (LON:FTC) and NWF (LON:NWF) in the evening.
On to today. I see that yet another outsourcing company has run into trouble. Capita (LON:CPI) this time. The RNS today says that it needs to raise c.£700m in a Rights Issue, has suspended divis, and is to make non-core disposals, and cost savings. It’s become too big amp; complex. I don’t know the company at all well, but it seems to me there are 5 clear lessons to be learned from Carillion, Capita, and previous failures in the outsourcing amp; support services area;
It’s a lousy area for investors, unless the business is focused in a specialist niche area, and is very well managed.Operating a group with a weak balance sheet, loaded up with debt from acquisitions, is very often an accident waiting to happen.Contracting businesses often mess up contracts in one way or another. This is bound to happen, as offering to build something large, or provide a…
Bitcoin has broken below a multi-week consolidation pattern with prices now approaching fresh monthly lows. Here are the updated targets & invalidation levels that matter.
The National Liberation Army (ELN) guerrilla group announced that its military actions would continue until a new ceasefire with the Colombian government is agreed.
On its website, the rebel group warned that the longer it takes to resume the talks, …
Brazil’s Producer Price Index (PPI) rose 0.46% in December, slowing from a 1.40% increase in November (revised data), said the South American country’s statistics institute (IBGE).
With the December reading, the Brazilian PPI ended 2017 accumulating …
Treasuries moved to the downside during trading on Tuesday, extending the decline seen in the previous session.
Bond prices saw some volatility in morning trading but remained firmly negative throughout the afternoon. Subsequently, the yield on the b…
Crude oil futures continued to fall Tuesday amid expectations that U.S. oil production will remain robust throughout the year.
Recently, the IEA warned that U.S. production will surpass Saudia Arabia, offsetting OPEC’s supply quota plan with Russia.
…
Tether is a cryptocurrency that bills itself as backed "1-to-1" by dollars held in reserve. Skeptics doubt it, and some think tether is pumping up bitcoin.
The dollar is down slightly against all of its major rivals Tuesday afternoon. Traders are awaiting the outcome of the Federal Reserve’s 2-day policy meeting, which began this morning. The meeting is the last under the leadership of Fed Chair Janet Ye…
US Regultors have issued subpoenas to bitcoin exchange Bitfinex and Tether as they look into tether token claims that they are pegged to the US Dollar.
LONDON, Jan. 30 (Xinhua) — British stocks decreased on Tuesday, with the benchmark FTSE 100 Index down 83.55 points or 1.09 percent at 7,587.98 points. Reckitt Benckiser Group, a British health, hygiene and home products producer, soared 1.37 percent,…
Green Star Energy will take over the business of Future Energy which ceased trading last week.
The move extends warnings from regulators about efforts to raise money through crypto offerings.
Despite being 2017’s top-grossing film, the dip in ticket sales could present risk to a major asset.
A Turkish amateur side claim they are the first football club to have paid for a player with cryptocurrency.
The stock brokerage app thinks the move will ‘dramatically increase user growth.’
The retailer is to get rid of 200 head office jobs as part of a cost-cutting drive.
The DAX failed just above the 2017 high with near-term price action highlighting the risk for a larger correction. Here are the updated targets & invalidation levels.