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European Central Bank Prez: 'We Have No Direct Impact on the Price of Oil'
Friday, May 6, 2011 - 7:03am | 191Read More...Restricting the continued rise in price of commodities will be crucial to combating inflation, European Central Bank President Jean-Claude Trichet told CNBC in an interview Friday. “Everything that goes in the direction of calming those prices of oil and commodities is good to take for all reasons...
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Barton Biggs: "Markets Have Discounted $110 Oil"
Friday, March 4, 2011 - 5:22pm | 188Read More...Hedge fund manager Barton Biggs appeared on CNBC's Closing Bell with Maria Bartiromo on Friday. Biggs told her that he thinks the market has already discounted $110 oil and that the market can grind higher from here. He did note, however, that there are a lot of things that worry him, in particular...
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News Summary (BA, EAD, GSK)
Friday, July 9, 2010 - 11:03am | 213Read More...Boeing (NYSE: BA) has presented its proposal to the US Air Force on the next-generation aerial refueling tanker aircraft. The company lagged a day behind its competitor, EADS NV (NYSE: EAD), which submitted its proposal yesterday. The supporters of BA say that the Pentagon should add estimated...
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Euro Drops On Merkel Rumor
Friday, January 15, 2010 - 7:15am | 405Read More...A wave of risk aversion swept through currency markets Friday pushing the dollar and the yen higher and knocking the euro sharply lower. The euro sank to $1.4394 from $1.4504 and to 130.57 yen from 131.93 yen. The dollar recently traded at 90.71 yen from 91.09 yen late Thursday in New York,...
