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Chinese Oil Demand Is 'Looking More Like A Vomiting Bear'
Thursday, August 25, 2016 - 1:54pm | 436Read More...China's economy isn't growing as fast as it used to. The economy grew 6.7 percent in the second quarter, which falls short of 2015's 6.9 percent growth rate, which also happens to be its slowest pace of growth in a quarter century. Nevertheless, the economy is still growing and many assume that...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619Read More...U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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Markets Little Changed Ahead Of 4th Of July Break
Wednesday, July 2, 2014 - 4:34pm | 2100Read More...U.S. stocks were little changed despite an ADP jobs report showing better-than-expected numbers. The ADP report comes ahead of the non-farm payrolls due on Thursday. Analysts are expecting the payrolls to confirm 212,000 jobs were added in June. The markets will close at 1:00 p.m. on Thursday...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158Read More...U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Market Wrap For January 8: Fed Minutes Released
Wednesday, January 8, 2014 - 5:39pm | 2250Read More...Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...
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Halliburton and Other Stocks Added to Jefferies Global Conviction List
Monday, April 8, 2013 - 12:38pm | 938Read More...The analysts at Jefferies (NYSE: JEF) have updated their Global Conviction List. Halliburton (NYSE: HAL), Ingersoll-Rand (NYSE: IR), JDS Uniphase (NASDAQ: JDSU) and TRW Automotive Holdings (NYSE: TRW) have been added to the list. The analysts' focus for its most recent review of the list was on...
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Is Warren Buffett Becoming a Trader?
Friday, September 14, 2012 - 2:13pm | 355Read More...Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) GEICO unit posted a 25 percent gain on Intel (NASDAQ: INTC), as it sold its stake less than a year after making the investment. This is notable as it runs contrary to the buy-and-hold strategy famously championed by its Chairman Warren Buffett....
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Below $50, Problems Await Brazil ETF (EWZ)
Tuesday, June 26, 2012 - 8:52am | 810Read More...The iShares MSCI Brazil Index Fund (NYSE: EWZ), the largest exchange traded fund (ETF) tracking the largest Latin American economy, has technical problem. On Monday, the fund dropped below critical support at $50, touching a new 52-week low in the process. Volume was nearly 39% above the daily...
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Seven Hot Chinese Stocks
Tuesday, February 14, 2012 - 7:37am | 1010Read More...Vice President Xi Jinping of China meets with President Obama on Tuesday at the White House in an effort to enhance trust between the two countries. And here is a quick look at some Chinese stocks that have risen between 15% and 25% year to date. They all are traded on U.S. exchanges, and each pays...
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Short-Term PetroChina Troubles Could Be Offset by Long-Term Gains
Monday, December 13, 2010 - 1:42pm | 181Read More...PetroChina (NYSE: PTR), China's leading natural-gas supplier, may experience some short-term setbacks, but is poised to gain in the long run. PetroChina's shares fell in November after the Chinese State Council released a memo that companies should keep gas prices stable according to a Barron's...
