Dollar edges higher on Fed’s reiteration
The dollar edged higher after Fed Chairman Ben Bernanke’s remarks leaned toward reducing stimulus this year.
What’s Behind Berkshire Hathaway Inc’s Big DaVita Buy?
Warren Buffett's Berkshire Hathaway Inc.(NYSE:BRK.A) (NYSE:BRK.B) currently sits atop its largest cash cache ever — $69 billion. So its not surprising that takeover rumors surfaced early this month when Berkshire added to its already hefty stake of about 13% in DaVita HealthCare Partners Inc…
U.S. Treasurys prices were a tad higher ahead of Bernanke’s testimony on Wednesday.
Goldman Beats Earnings, Coca-Cola and Yahoo Miss
The S&P 500 (INDEXSP:.INX) snapped its eight-day streak of gains falling 0.6% today. The ICSC-Goldman same store sales index saw a week-over-week change of -1.1% markedly weaker than the 3% growth seen last week. The consumer price index came in higher than expected rising 1.8% versus the 1.4% consensus…
This could be a decisive quarter for the two longtime beverage rivals and one is set to come out on top, Cramer said.
Gold drops 1% after Bernanke’s comments
Gold turned turned negative on Wednesday as the dollar extended gains after Federal Reserve Chairman Ben Bernanke’s statement.
U.S. crude oil prices were marginally lower on Tuesday.
Trading surge boosts BofA earnings
Overall revenue rose to $22.9bn from $22.2bn in the same quarter a year ago but was down from $23.4bn in the seasonally-strong first quarter
Gold settled 0.5 percent higher on Tuesday as the dollar eased ahead of Fed Reserve Chairman Ben Bernanke’s testimony.
Refusal to pay the fine will automatically prompt the Federal Energy Regulatory Commission to file a complaint at a federal court and bring the case to trial
Reacting to Yahoo’s Q2 results
Ken Sena, Evercore Partners, breaks down the tech company’s quarterly results and weighs in on CEO Marisa Mayer’s management style and Yahoo’s role in the M&A space.
The ailing surfwear group may be happy to have secured expensive refinancing, but there is little else for it to be optimistic about
Coke vs. Pepsi
Should you buy shares of Pepsi or Coke right now? John Faucher, JPMorgan senior analyst, says he is still recommending PepsiCo right now.
Cricketer Stuart Broad not ‘walking’ and tax avoidance cases raise the issue of why should one go beyond simply obeying the law or a game’s rules
Asian equity markets were mixed on Wednesday ahead of a widely-anticipated speech from the chairman of the U.S. Federal Reserve.
Dollar defensive ahead of Bernanke speech
The dollar stayed defensive on Wednesday ahead of Bernanke’s testimony in Congress later in the day.
Wall Street financial staff will stay in their offices to identify, and then fend off, the simulated onslaught against their technological platforms
Oil fluctuated on Wednesday after stocks of U.S. gasoline piled up, while crude oil inventories shrank for a third straight week.