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European shares mostly rose despite a Greek bailout hanging in the balance on Wednesday, with supportive Chinese comments lifting sentiment.
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European stocks mixed on Greek bailout delay
02.16.2012| Investing | admin
LONDON - Shareholders in global miner Xstrata want suitor Glencore to boost its all-share offer, and over a week after the tie-up was announced, investors appear to be pricing in a modest sweetener. Glencore made its long-awaited bid last week, unveiling a potentially record deal both sides believe
02.16.2012| Investing | admin
Alibaba's move to buy out Yahoo!'s stake in the Chinese Internet titan has tripped on the California firm's determination to sidestep taxes, a Dow Jones-owned technology news website reported on Tuesday.
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Alibaba-Yahoo! talks hit impasse: report
02.15.2012| Investing | admin
SYDNEY - Australian shopping mall owner Westfield Group is selling a stake in a portfolio of 12 U.S. malls to a Canadian pension fund for about $1.85 billion, freeing up cash to fund a share buyback and to expand its global reach.
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Australia's Westfield sells U.S., UK malls; to buy
02.15.2012| Investing | admin
TOKYO - Shares and the euro slipped on Tuesday, as initial relief over Greece's approval of harsh austerity measures in exchange for crucial aid gave way to doubts about Athens' ability to pursue the reforms, with social unrest intensifying. The euro and sterling fell after rating agency Moody's rem
02.14.2012| Investing | admin
Apple's stock topped $500 for the first time on Wall Street even as a probe started looking into work conditions at a Chinese factory that cranks out the California company's coveted gadgets.
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Apple shares surge despite factory inspections in China
02.14.2012| Investing | admin
- INTL FCStone needs trading volumes in global commodity markets to pick up in order to benefit from its customer base expansion following the collapse of rival MF Global Holdings Ltd and from a rash of acquisitions, executives said on Thursday. The comments came as management defended the company'
02.13.2012| Investing | admin
Google will mirror Apple's winning hardware-software formula with an Android-powered entertainment system that wirelessly streams content through homes, the Wall Street Journal reported on Thursday.
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Google to make home entertainment system: report
02.13.2012| Investing | admin
LONDON - A steady rally in stocks and the euro this year has led to a sharp drop in the main measure of financial market swings - volatility - and many analysts say this could be an ideal time to buy protection against a sudden reversal. A flood of cheap European Central Bank cash in late December,
02.12.2012| Investing | admin
LONDON - The leading share index closed lower and posted its worst week for two months after fresh Greek political drama around the terms of its second bailout package fuelled selling of cyclical stocks and brought fresh technical support into sight. After opening down, led by miners after some wea
02.12.2012| Investing | admin