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News & Updates

April 21, 2015 Costs for Germany’s nuclear exit could rise to $75 billion

Source: Reuters

The bill for shutting down Germany’s nuclear power plants and building a safe disposal site for nuclear waste could rise to 70 billion euros ($75 billion), the head of a government commission told daily Frankfurter Rundschau in...

April 21, 2015 U.S. court hears Chevron’s fraud claims in $9.5 billion Ecuador dispute

Source: Reuters

Chevron Corp urged a U.S. appeals court on Monday to uphold a ruling finding that an American lawyer used corrupt means to secure a $9.5 billion pollution judgment in Ecuador.A lawyer for Chevron told the 2nd U.S. Circuit Court...

April 21, 2015 European Stocks Rise After Strong Earnings Reports

Realtime Business News - Economists had forecast the index to improve to 55.3. The Euro îStoxxî 50 index of Eurozone bluechip stocks is moving up 0.3 percent, while the îStoxxî Europe 50 index, which...

April 21, 2015 U.S. Stocks Bounce Back (Monday) - text/video

Source: Wall Street Journal

U.S. stocks bounced back on Monday from Friday’s steep declines, lifted by upbeat earnings news and an announcement of more stimulus from China.

April 21, 2015 Investors Who See ‘Froth’ in Market Go All In for Oil

Source: Bloomberg

As industry luminaries gather at the IHS CeraWeek Energy Conference in Houston this week to ponder the implications of $50-a-barrel crude, the money keeps piling into oil, with hedge funds, buyout firms and asset managers rushing...

April 20, 2015 STRATEGIST: Investors will get the big story of 2015 wrong because of two bad assumptions

Source: Business Insider

Investors are increasingly convinced that the Fed will not raise rates this year. But political strategist Greg Valliere at Potomac Research thinks these investors will be wrong for two big reasons.

April 20, 2015 HSBC to face investors' anger over scandals and bumper executive payouts

Daily Mail - Ahead of the AGM, corporate governance group îPensions & Investment Research Consultantsî has urged investors to vote against Fairhead's re-election as an independent director after her role in...

April 20, 2015 China stocks fall as short-selling fears offset impact from big reserve cut

Source: Reuters

China stocks surrendered early gains and dived on Monday in volatile trade as fears of a regulatory crackdown offset the central bank's boldest policy move yet to bolster the slowing economy.

April 20, 2015 European Markets Rise Despite Greek Worries

Realtime Business News - The Euro îStoxxî 50 index of eurozone bluechip stocks was adding 0.89 percent, while the îStoxxî Europe 50 index, which includes some major U.K. companies, was gaining 0.73...

April 20, 2015 China Shifts Into Stimulus Mode With Cut to Banks’ Reserve Ratio

Source: Bloomberg

China’s leaders swung into stimulus mode, cutting the amount of cash lenders must set aside as reserves by the most since the global financial crisis just days after a report showed the slowest economic growth in six years.

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