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Market News

Location American Market News for 27 June 2015

Fear of Losing Out Drives M&A Boom

Wall Street Journal - 27 Jun 2015 01:43
About $2.15 trillion of M&A deals or offers have been announced globally so far this year, putting 2015 on pace to challenge the 2007 record.
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Valentino Rossi teaches young rival a lesson Motorcycling's old master showed he can still pull off a few tricks on Saturday, as Valentino Rossi made an audacious late move to triumph in the prestigious Dutch TT race at Assen.
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Eurozone Rejects Greek Bailout Extension

Wall Street Journal - 27 Jun 2015 23:09
Eurozone finance ministers rejected a Greek request for a one-month extension to its bailout program, setting off a period of high uncertainty for the country that could end in its exit from the eurozone.
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The Week Ahead: Will The 8% drop Friday in Shanghai Composite set the tone for many of the markets on Friday though some were able to buck the trend. The Shanghai is now down over 20% from the high just made earlier this month. With just a f...
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Gold recovers on demand from jewellers, global cues

livemint.com - 27 Jun 2015 12:35
Gold recovers on demand from jewellers, global cues Gold of 99.9 and 99.5% purity recovered by Rs30 each to Rs26,710 and Rs26,560 per 10 grams respectively
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China's Central Bank Cuts Rates

Wall Street Journal - 27 Jun 2015 12:25
In an unprecedented easing move, China's central bank cut both its benchmark interest rates and the amount of reserves certain banks are required to hold.
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BP's Head of Technology Harnesses Petaflops to Drive Headline Efficiencies Most would assume that technology jargon and computing prowess would not be part of conversations with senior oil and gas executives, and the sector is often chided for being behind the digital curve.
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Weak Prices Push Rusal Toward Further Aluminum Cuts

Wall Street Journal - 27 Jun 2015 03:01
Weak aluminum prices have caused Rusal to mull further production cuts this fall.
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Your Many FICO Scores

Wall Street Journal - 27 Jun 2015 01:07
More lenders are showing customers a FICO score. But recipients need to understand they each have multiple FICO numbers.
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Wall Street is expecting higher profit for ConAgra Foods when the company reports its fourth quarter results on Tuesday, June 30, 2015. The consensus estimate is calling for profit of 59 cents a share, a rise from 55 cen...
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China Stocks, a New World

Wall Street Journal - 27 Jun 2015 00:46
Even with the latest drop, Chinese shares have more than doubled over the past year. We weigh the pros and cons of the world's hottest major market.
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