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News & Updates
November 18, 2015 Wal-Mart earnings beat expectations; shares upSource: Reuters
Wal-Mart Stores Inc reported slightly stronger-than-expected quarterly earnings on Tuesday as it booked its fifth straight gain in U.S. same-store sales, sending its shares up more than 4 percent.
November 18, 2015 In Coal Setback, Rich Nations Agree to End Export CreditsSource: Bloomberg
Members of the Organization for Economic Cooperation and Development struck an historic agreement Tuesday to scale back public financing for coal-fired power plants, dealing another blow to the industry ahead of a global summit...
November 18, 2015 European markets fell at the open on Wed
The Business Insider - European markets fell at the open on Wednesday. The UK's FTSE 100 was down 0.48% in early trading, while Germany's DAX fell 0.40%. The Euro Stoxx 50, a benchmark of Europe's leading companies, was down...
November 18, 2015 Fear Spreads as China's Finance Firms Face ArrestsSource: Bloomberg
The arrests or investigations targeting the finance industry in the aftermath of China’s summer market crash have intensified in recent weeks, creating a climate of fear among China’s finance firms and chilling their investment...
November 17, 2015 Brent oil gains, but focus hones in on global oversupplySource: Reuters
Brent oil prices made gains on Tuesday, albeit at a more modest pace than the previous day, as the risk premium stemming from the Paris attacks faded, and the focus returned to the global oversupply in crude and petroleum...
November 17, 2015 Dollar jumps to highest since AprilSource: Reuters
The dollar surged against the euro for a second day on Tuesday and some dealers said a push above $1.06 per euro might open the way for a swift move to highs hit in the first half of 2015.
November 17, 2015 Impact Investing: How Socially Responsible Investing Has EvolvedSource: NASDAQ
There is a growing realization that, along with government aid and charitable philanthropy, financial institutions can help solve some of the world’s social problems. Over the past decade, there has been significant growth in...
November 17, 2015 Fitch Upgrades SMFG; Affirms Other Major Japanese Banks
Reuters - (The following statement was released by the rating agency) TOKYO, November 17 (Fitch) Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of Sumitomo Mitsui Financial Group, Inc. (SMFG) and its...
November 17, 2015 Fitch: Expect U.S. oil companies to sell off more assets
My West Texas - Distressed U.S. oil companies may be forced to send more of their assets to the auction block if oil prices remain anemic, according to a new analysis by Fitch Ratings. It's one of the last self-help measures left...
November 17, 2015 Wall St. (Mon.) surges over 1 percent, looks past Paris attacksSource: Reuters
Wall Street had its strongest session in three weeks on Monday, with sizeable gains in energy shares as investors bet Friday's deadly attacks in Paris would have little long-term impact on the U.S. economy and corporate...
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