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  • Constantinos Philippides

    Twitter (NYSE:TWTR) shares have plummeted by 20% in the wake of the companies financial results announcement. The company reported a loss in the last quarter of 511.5 million dollars, while losses for the full year amounted to 645 million dollars. Twitter showed an increase in revenue in the fourth quarter of 2013, amounting to 242.7

  • David Becker
    Stock market » Nasdaq Soars Ahead of the Rest
    David Becker - January 23, 2014, 14:00 GMT

    There is a robust rally taking place in the stock market. It’s not obvious or easy to see, but the rally generated a breakout in January and continues to move higher on strong momentum. Although many market pundits have made it clear that they believe this year’s strength will be in individual stocks, both large

  • David Becker

    US stocks were hit hard on Monday as investors absorbed the worse than expected employment data released on Friday. The disappointing numbers called into question the rebound and thoughts quickly moved toward whether the Federal Reserve would continue to taper its bond purchase program. The Fed is scheduled to meet later in January and expectations,

  • Constantinos Philippides

    The Dow Jones noted positive change by 0.82%, with the index Standard & Poor’s 500 rising by 0.63% and the Nasdaq rising by 0.71%. In Europe, especially London, the FTSE 100 rose by 1.28%, in Paris the CAC 40 rose by 1.48% and in Frankfurt the DAX closed 1.74% rise. In Greece, negatively moved the

  • US stocks rise as signs of prolonged stimulus emerge

    US stocks continued to rise and the Standard & Poor’s 500 set a fresh record high after the Labor Department said employers hired fewer workers than projected in September. Job growth slowed to 148,000 in September following a revised 193,000 gain the previous month, the report showed. Economists expected US employers to add 180,000 payrolls

  • Stock rally cut short as partial government shutdown enters its second day

    The stock market’s rally was short-lived as the US government shutdown weighed heavily on investors, who are desperately trying to size the effects of the budget impasse on the US economy. The federal government entered its second day of a partial shutdown, as Democrats and Republicans continue to disagree on how to fund the government.

  • Apple stock supported by strong iPhone sales

    Shares of Apple, Inc (NASDAQ:AAPL) have soared nearly 5 percent over the past two days after the company said it sold 9 million iPhones over the weekend. The next-generation iPhones flew off the shelf after hitting the markets Friday, with supply of the new 5S model unable to keep pace with the demand. Apple shattered

  • Stocks decline as investors weigh Fed stimulus

    US stocks traded on the downside Thursday as investors anticipate next Tuesday’s Federal Open Market Committee policy meetings. The markets have been at the mercy of policy talks since Fed Chairman Ben Bernanke first hinted at an asset taper in May. Since that time the mostly bullish markets have reacted sharply to monetary policy expectations.