Archive for the 'Investment News' Category

Soco International drops most in energy sector

European equities markets were up Friday on employment news from the United States, although that data was mixed, showing that private employers added 67,000 jobs in August, more than expected, but that the US economy overall lost 54,000 jobs for a second consecutive monthly decline and the unemployment rate was up to 9.6 percent. The [...]

Go-Ahead Group leads travel, leisure sector higher in London

European equities markets were mixed Thursday after the European Central Bank held Eurozone interest rates at 1 percent and issued a higher growth outlook for the region, while Sweden’s central bank hiked rates there to 0.75 percent from 0.5 percent, the second consecutive increase from Riksbank. Better economic news from the US helped gains in [...]

Cable & Wireless Worldwide, TUI Travel up on sale rumors

European equities markets saw significant gains Wednesday as investors ignored disappointing news in the region in favor of better news from around the world as purchasing managers indexes in the US and China were higher in August. In the US, the Institute for Supply Management said its manufacturing index was at 56.3 in August, up [...]

ARM Holdings gains on takeover rumors

European equities markets were mixed Tuesday, with markets in London, Paris and Frankfurt seeing gains on new data from the United States showing that consumer confidence was up in the US in august, while prices for single-family homes added more than expected in June. The FTSE 100 was up 0.45 percent to 5,225.22 in London, [...]

French auto parts maker Valeo leads decline of car-related shares

European markets saw declines Monday as investors continued to worry about the recovery from recession and even though an index of executive and consumer sentiment in the Eurozone was up to 101.8 in August from 101.1 in July and against a forecast that it would be at 101.6 for the month. The FTSE Eurofirst 300 [...]

Cable & Wireless Worldwide leads telecoms higher in London

European equities markets made gains Friday after the US Commerce Department reported that the US economy grew by 1.6 percent in the second quarter, a little more than expected, and on comments from Federal Reserve Chairman Ben Bernanke. Bernanke said in his opening remarks to a symposium of central bankers from around the world being [...]