Twitter doesn't have to grow into Facebook for the stock to pay off, Robert Peck says. Shares of Twitter, which are down 50% this year and recently fell below $30 for the first time since last November’s IPO, were up more than 3% at $33.06 before the opening bell Monday. More...
Forget Sanctions Over Ukraine: Russia Scores Massive Gas Pipeline Deal With China China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world's largest energy producer and provide a guaranteed energy supply for China's growing economy as both nations face confrontations with the West. The deal, ...
Reserve Bank of India bought US $ 7.78 billion in spot forex market in March The Reserve Bank of India was a net buyer of dollars worth US $ 7.78 billion in the spot forex market in March. As per the data of Monthly Bulletin for May 2014, the central bank purchased USD 8.75 billion in March while it sold US $ 970 million during the month. However, in February, RBI had sold a net US $ 530 million in the spot forex market. For the entire 2013-14, there were net buys of ...
The week ahead offers economic and corporate news that is potentially market moving as investors continue to run scared from many overvalued biotech, Internet, small-cap and so-called “momentum” stocks and seek the safety of established and dividend-paying companies like utilities. The Russell 2000 index of smaller company shares has fallen roughly 8 percent in the last two months. And despite big, blue chip stocks driving the Dow Jones index to a record this past Friday, ...
Facebook Stock in Bearish Continuation Pattern? – May 12, 2014 By Forexminute - Jonathan Millet | Stock Tips | May 12, 2014 10:22AM BST Facebook stock prices have been moving sideways for nearly a month already, as traders try to figure out the direction for the online company. The price has broken below the 50 SMA (simple ...
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