Joseph Dayan, managing director and head of markets at BCS Financial Group, says that Russian equity valuations are at "ridiculous levels."» Read More
"We still believe that capital returns, clarity over regulation and continued growth in book values should support large cap banks in 2011," the report states. ...A report from TheStreet.
Stocks closed near session lows as civil unrest in Egypt sparked widespread selling that pushed the S&P 500 down nearly 2 percent and broke an eight-week winning streak for the Dow. Microsoft and Home Depot sank.
A key measure of stock volatility swung sharply higher on Friday as the market sold off broadly on the civil unrest in Egypt.
Egypt's problems have been simmering for years, but food inflation has brought it to a boil. Remember: food inflation is behind much of the unrest, not just in Egypt but all over the world. Commodity prices have been rising for months...
Stocks extended steep losses, as the S&P 500 slid nearly 2 percent, as civil unrest in Egypt sparked widespread selling despite decent economic numbers. Microsoft and Home Depot fell, while Kraft rose.
Like the European debt crisis in 2010, the uprising in Egypt and other Middle East nations in recent weeks has raised the fear among investors that the markets could be in big danger if the crisis spreads.
Small caps and momentum stocks may have been flashing warning signs about a broader market pull back.
Unrest in Egypt putting the fear factor back into the gold trade—at least for today.
They are rallying on concerns that the Egyptian unrest could affect operations at the Suez Canal. Any disruption at the Suez Canal would cause tanker rates to go up.
New intraday highs on the Dow and the S&P 500, but not on the Russell, the Dow Transports, or the Midcap Index. And we faded fast, and with good reason: earnings reports from Microsoft, Amazon, and Ford were all disappointing for various reasons...and widespread coverage of the Egyptian unrest.
Oil prices are now reflecting concern about uprisings in Egypt, after ignoring the unrest earlier in the week. Crude was up more than 4 percent at midday.
Top management at Google plans no major changes in its direction, even though two of the top executives shifting roles in April, CEO Eric Schmidt told CNBC Friday.
Monster CEO is responding to a report by CNBC that some companies are frequently using social networking sites to recruit and hire workers, which poses a potential threat to Monster's business.
Stocks sank despite a reading on consumer sentiment that was better-than-expected, and after the government reported a gain in gross domestic product for the fourth quarter of 2010, as traders feared the outcome of the escalating protests in Egypt. Microsoft and Home Depot fell, while Coca-Cola rose.
The problem appears to be weak margins in the North American auto business due to higher costs and other factors. There was also a charge for completion of debt-conversion offers. For 2011, they expect each of its Auto operations to be profitable and expects solid profiability for Ford Credit.
Here's why you should keep a close eye on these six stocks.
The World Economic Forum is making a commitment to increase the visibility of women at Davos 2011 by instituting a gender quota.
One part of the ETF (exchange-traded fund) story that hasn’t gotten much attention, actively managed ETFs. Unlike most ETFs, which are really nothing more than an index, actively managed ETFs are just that—actively managed by a manager who is trying to beat the market.
Stock index futures traded flat to mixed Friday on a gain in gross domestic product for the fourth quarter of 2010, even though the 3.2 percent increase missed analyst expectations.
Friday's data is expected to show that economic growth accelerated in the fourth quarter and that consumer sentiment is improving.