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Market News

Location American Market News for 17 January 2015

Oil Boss Says More Job Cuts Ahead

Wall Street Journal - 17 Jan 2015 03:12
Energy companies aren't finished shedding jobs due to crude oil prices that are half what they were about six months ago, the top executive at oil-field services giant Schlumberger warned.
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Watchmakers Bemoan Swiss Move

Wall Street Journal - 17 Jan 2015 06:19
Watchmakers gathering in Geneva for one of the industry's champagne events will be anxiously digesting the impact of the Swiss central bank's move to scrap the minimum exchange rate.
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TurboTax Triggers a Revolt

Wall Street Journal - 17 Jan 2015 01:39
Some users are fuming about having to pay more to file 2014 tax returns. Here are issues for customers to weigh.
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Weighing up the FTSE winners and losers of the oil price slump It's worthwhile for investors to weigh up the potential winners and losers from this new world of cheap oil
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Terry Smith to share £10.6m windfall as Fundsmith quadruples profits Fundsmith now has £3bn of assets under management and counts household names such as Domino's Pizza and Microsoft in its slim portfolio of 27 companies
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Battered Hedge Fund Billionaire John Paulson Adds To Merger Bets Investors continue to look at the John Paulson as a way to bet on rising merger and acquisition activity globally, as companies look to scale their operations and take advantage of record-low financing costs.
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Gold surges to four-month high on buying buoyancy;silver zooms Silver staged a strong come back following frantic speculative buyout coupled with industrial offtake and finished above the key 39,000 mark
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U.S. stocks rallied Friday, snapping five straight sessions of losses, after oil prices rebounded and consumer sentiment leaped to an 11-year high. Oil prices spiked above $50 per barrel Friday after trading near a six-y...
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How to Play Stocks Now

Wall Street Journal - 17 Jan 2015 01:36
It's been a rocky start to 2015. But here are four reasons not to give up on the bull market.
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