Business » Tesco’s CEO Dave Lewis comments on company’s profit forecast snafuThemelina Antoniou - October 23, 2014, 10:26 GMT
Tesco Plc., a food retail giant that trades in the London Stock Exchange and has operations in the UK, Asia and Europe, is facing “challenging times” according to newly appointed CEO Dave Lewis comments earlier today. Following the company’s interim results statement, Tesco’s share price fell 7% when the FTSE 100 opened, pushing UK stocks
Business » Revenue-less Cynk Technology Corp explodes 25,000%H.S. Borji - July 10, 2014, 20:11 GMT
The social networking stock Cynk Technologies Corp (NASDAQ:CYNK) shot up 25,000 percent since mid-June, adding to existing fears the technology market is headed toward another bubble. The company, which traded for pennies less than a month ago, advanced more than 25,000 percent since June 17, giving it a market valuation of more than $5 billion.
Analysis and Opinion » Transports Continue to Drive Broader Markets HigherDavid Becker - May 27, 2014, 15:26 GMT
The Transport as reflected by the DJ US Airline Index ($DJUSAR) hit new highs this month and remain one of the strongest groups in the stock market. The IYT (ishares ETF) is within a steady uptrend during the last eight months. The October trend line and late April high combine to mark support in the
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