Tag Archives: stock

Bank of America Reports Earnings Drop in Q1, Stock Dips

Bank of America has announced its first-quarter results and the outcome is not very positive. The multinational banking corporation has reported a 13 percent decline in first-quarter profit. On a positive note though loan growth and expense cuts have prompted investors to be hopeful about the future. “It wasn’t a great quarter, but it was a normal quarter,” Nancy Bush, ... Read More »

Need to Move Summer Stock? Follow Amazon Prime Day Model

Today, Amazon celebrates Prime Day for members of its Prime program. The special service offers customers free two-day shipping and other benefits. And on this special day — some are calling a Christmas in July and Black Friday in July — members get even better deals. It’s turning into a big shopping day online, to be sure. Small business owners can learn ... Read More »

Coal India Considering Listing On London Stock Exchange

New Delhi: Coal India Ltd, the world’s largest coal miner, is considering a listing on the London Stock Exchange and has had early discussions with the LSE, three sources with direct knowledge of the matter said on Thursday. A listing by the state-controlled miner would be a boost for the LSE as it looks to attract companies following Britain’s vote ... Read More »

BSE IPO: Issue size estimated at Rs. 1,200 to Rs. 1300 crore; Asia’s oldest stock exchange files documents with Sebi

The Bombay Stock Exchange (BSE) on Friday filed documents with capital markets regulator Securities and Exchange Board of India (Sebi) for its upcoming initial public offering (IPO). Shareholders of the BSE will be partially selling their stake via the offer for sale (OFS) route for a sum in the range of Rs. 1,200 to Rs. 1,300 crore. The 141-year-old stock ... Read More »

Swiss central bank steps up stock buying spree

Switzerland’s central bank now owns more publicly-traded shares in Facebook (FB.O) than Mark Zuckerberg, part of a mushrooming stock portfolio that is likely to grow yet further. The tech giant’s founder and CEO has other ways to control his company: Zuckerberg holds most of his stake in a different class of stock. Nevertheless this example illustrates how the Swiss National ... Read More »

German resistance grows to London Stock Exchange merger

The London Stock Exchange’s merger with Deutsche Boerse is coming under fire in Germany, with politicians and industry veterans speaking out against the deal amid fears that Frankfurt’s status as a financial hub will be eroded. As both exchanges canvass investors about their £21bn merger, the decision to move the combined group’s headquarters to London while giving the German bourse’s ... Read More »

The map that shows which companies are worth more than the stock markets of entire countries

Netflix is worth around $40 billion, McDonald’s is worth $109 billion and Google and Amazon combined are worth $747 biliion. You may already know that these companies are worth billions, but it can be hard to give context to such big sums. But Bank of America Merrill Lynch has come up with a solution to illustrate exactly what the value ... Read More »

ECB stimulus surprise sends stock markets sliding

European stock markets have fallen and the euro has soared following the economic stimulus measures announced by the European Central Bank. After initially rising following the broader than expected package, Frankfurt closed down 2.3%, Paris ended 1.7% lower and the FTSE 100 slid 1.8%. The euro initially fell 1.6% against the US dollar to $1.0822 before jumping as high as ... Read More »

Opinion: This is why you can expect another global stock market meltdown

This story is part one of ‘Crash Course,’ a five-part series from commentator Satyajit Das on threats to investors in the current market climate. Coming on Monday: The destructive impact of excessive debt. The mispricing of assets across world markets has reached epidemic proportions. Stock prices have made strong advances over the past several years, yet market analysts see further ... Read More »