Lockheed Martin Corp. files protest over U.S. Army's award of a $30B project to Oshkosh Corp
Lockheed Martin Corp. had filed a protest with U.S. Governemtn Accountability Office to overturn U.S. Army contract awarded to Oshkosh Corp. Results will be out on December 17.
Sep 11, 2015 8:45 AM EDT
Freeport-McMoRan hires JPMorgan to help explore options
Freeport-McMoran hires JP Morgan after activist investor Carl Icahn said that teh company is undervalued and in need of corporate change.
U.S. stocks scored high as investros wait for Fed decision
The S&P 500 gained 0.5 percent on Thursday evening with Apple Inc. stock, boosting the index with an increase of 2.2 percent. However, investors are still cautious as policy makers are set to hold a meeting next week to decide regarding rate hike.
Shanghai Gold Exchange allows gold, other securities as collateral trading
Shanghai Gold Exchange has allowed physical gold as collatarel on futures contracts. The exchange has also approved silver, Yuan-denominated stocks, bonds, treasuries as collateral usage. The move is aimed at enhancing trading volumes and attractive investors from other markets.
Latest News
Kmart brings back layaway program, launches No Money Down Leasing for holiday shoppers
There are two options to purchase from Kmart this holiday season: the No Money Down Layaway Program and the No Money Down Leasing Program. The options which started last week will run until the end of November.
Sep 11, 2015 6:50 AM EDT
French Industry Production Plunges Lower to 0.8%, Lowest Since November 2014
French industy forcasted a 0.2 increase in production but had it unexpectedly drop to 0.8%, a number lowest since November 2014.
Sep 11, 2015 6:13 AM EDT
Matahari Mall launches in Indonesia, with $500M funding from Lippo Group, Aims to be "Alibaba of Indonesia"
Matahari Mall officially launched Wednesday with ambitions to be the “Alibaba of Indonesia,” with $500 million funding from real estate giant Lippo Group.
Sep 11, 2015 6:11 AM EDT
Glencore Billionaire Willing To Pay $210 Million Bill To Help Company's Balance Sheet
Glencore’s Chief Executive Officer Ivan Glasenberg is on the hook to pay $210 million of the company’s impending doomsday sale of $2.5 billion to bolster its balance sheet.
Sep 11, 2015 5:41 AM EDT
S&P Downgrades Brazil's Credit Rating Straight Down to Junk Territory
S&P junks Brazil’s investment-grade credit Wednesday as the nation faces recession that is seen to last until 2017, as well as political strife.
Sep 11, 2015 5:31 AM EDT
Oil price decline makes gasoline less expensive
Enjoy the savings while it last. This is what the Americans are doing right now, as they took advantage of the cheap gasoline price and have their engine tanks full.
Sep 11, 2015 4:48 AM EDT
Eravacycline test failure plunges Tetraphase shares
It is a disappointing share decline for Tetraphase Pharmaceuticals Inc. when its manufactured drug, eravacycline failed to proved its efficiency to cure bacteria called superbugs. It may be better than Merck's ertapenem but not with Johnson & Johnson's levofloxacin.
Sep 11, 2015 4:45 AM EDT
Jeb Bush promises 4% growth in US economy
Jeb Bush, former governor of Florida, has promised 4% growth in the economy for the world's largest country.
Sep 11, 2015 4:43 AM EDT
Buffett Dumps Exxon, Buys Refiner Phillips Stake Due to Falling Oil Prices
Warren Buffett sold Exxon Mobil Corp. shares and bought refiner Phillips 66 stake due to plummeting oil prices.
Sep 11, 2015 3:22 AM EDT
Wall Street turns to bitcoin technology as Nasdaq invests in Chain.com
Nasdaq, Citi, Visa and other companies invested $30 million in Chain.com, a Blockchain startup engaged in the virtual currency, Bitcoin. The investment made by Nasdaq is considered to be Wall Street's inclination towards bitcoin technology.
Sep 11, 2015 2:52 AM EDT
Exports, funds inflow pulled up Ireland's GDP
Supported by exports and capital investments, Ireland's GDP grew 1.9% during the second quarter and 6.7% on annualized basis. The Irish economy is among the fastest-growing European nations for the continuous second year. Ireland is also accepting refugees adn taking necessary measures to support them.
Sep 11, 2015 2:43 AM EDT
Beauty products are the next big thing in Korean export
While every country is struggling with their economy, Korea has found a new way to increase its growth. Through K-pop, Korean cosmetics will be one of the beauty products that every consumers will now use from different countries and in the coming future.
Sep 11, 2015 2:12 AM EDT
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
