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News & Updates

December 16, 2014 S&P 500 Retreats as Oil’s Drop Overshadows Dealmaking

Source: BusinessWeek

U.S. stocks retreated, sending the Standard & Poor’s 500 Index to its fifth drop in six sessions, as the continuing selloff in oil overshadowed a surge in industrial production and corporate deals.

December 16, 2014 Russia Defends Ruble With Biggest Rate Rise Since 1998

Source: Bloomberg

In a surprise announcement just before 1 a.m. in Moscow, the Russian central bank said it would raise its key interest rate to 17 percent from 10.5 percent, effective today. The move was the largest single increase since 1998,...

December 16, 2014 Co-op Bank fails stress test and Lloyds and RBS remain at risk in 'severe economic downturn'

Source: BBC News

The Bank of England's doomsday economic scenario has left three of Britain's major banks under some stress.But only one, Co-op, has actually failed the test of what would happen if there were an economic crisis in the UK.

December 16, 2014 What Russia’s Ruble Collapse Means for the World

Source: Time

A financial crisis would make the Kremlin more unpredictable, wreck western banks and heap misery on the Russian people

December 15, 2014 Energy bills send shivers in New England

Source: NewsTimes

For months, utility companies across New England have been warning customers to expect sharp price increases, for which the companies blame the continuing shortage of pipeline capacity to bring natural gas to the region

December 15, 2014 Ethical investing more popular than ever, but more facts needed

Yorkshire Post - Yet according to Ms Stonestreet, other studies show that ethical investments do not necessarily perform worse, and she cited research from îEurosifî (European Sustainable Investment Forum). Its sixth...

December 15, 2014 Wall Street Seeks Bargains After Last Week's Losses

Morningstar - In corporate news, Hennes & Mauritz reported a 10% increase in sales, including VAT, in November. îCSRî said the US FTC has granted early termination of the waiting period under the Hart Scott Rodino...

December 15, 2014 Stocks take another bump; oil rout continues

Source: TriValley Central

A rout in oil prices shook financial markets Friday, pushing stocks to their worst weekly loss in 21?2 years. The stock market fell sharply as investors worried that slumping oil demand is signaling that growth outside of the...

December 15, 2014 Gulf markets plunge as OPEC says 'no set price' for oil

Source: USA Today

The head of the Organization of Petroleum Exporting Countries, Abdalla Salem el-Badri, said Sunday that OPEC has no set price target for oil, according to the Wall Street Journal. His comment, made at an event in Dubai, is likely...

December 15, 2014 More turbulence ahead for oil prices

Source: USA Today

Oil prices could slide again this week as the market digests statements from OPEC on Sunday indicating it would not prop up the price of crude. The head of the Organization of Petroleum Exporting Countries, Abdalla Salem...

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