Apple Misses, Stock Plummets Until Noon - October 26, 2012 22:53

The hedge-Fund Hotel known colloquially as Apple (NASDAQ:AAPL) missed both its top and bottom line numbers in the 3rd quarter and the stock dropped intra-day to a low near $590 per share.  A small amount of short-covering after noon pulled the stock back over a 6 handle to close at $604.00.  The thing that has […]

Apple Updates Entire Product Line Ahead of Windows 8 Launch - October 23, 2012 22:51

We all knew the iPad mini was coming.  It may have been the worst kept secret in technology.  What we didn’t know was that Apple had a lot more up their sleeves in Cupertino.  The refresh on the normal iPad with the A6x chip was really a no-brainer.  They released the iPhone with the new […]

Is the Google Earnings Leak our October Surprise? - October 18, 2012 23:26

Google is such a trailblazer they weren’t content with being in-line with their earnings miss as all of their peers and one-upped them by having their earnings leaked to the market three and a half hours too early. I kid, of course, but is this truly the October surprise for this year?  Or will it […]

Alcoa Kicks off Earnings Season While Tech Slumps - October 9, 2012 23:29

Alcoa (NYSE:AA) is the bellwether of bellwethers as it is the first major U.S. corporation to report.  A good report from Alcoa is usually a pre-requisite for a good earnings season.  Excluding one-time charges Alcoa earned $0.03 per share on significantly higher than expected revenues of $5.83 billion.  Fundamentally, commodity prices are going to be […]

European Stock Markets Plunge on Euro Zone Worries - May 18, 2012 23:59

Stock markets in Europe ended on a bearish note on Friday in reaction to escalating euro zone debt worries. Moreover slower Chinese growth data also created concerns among the investors. Fitch’s downgraded rating for Greece added concerns over Spain’s position too. In China, the state information center reported the annual growth rate fell to 7.5 […]

European Equities End on a Bearish Note on Weaker US Jobs Data - May 4, 2012 23:55

European stocks remained under pressure on Friday in reaction to weaker US jobs data. Moreover investors were also extremely cautious ahead of elections in France and in Greece. Moreover, business activity data in the single currency region also disappointed investors. As per the latest report of the US Labor Department, 115,000 jobs were created in […]

European Stocks Markets Remain Bullish in Reaction to Successful Italian Bond Auction - April 27, 2012 23:54

Stock markets in Europe ended with weekly gains on Friday in reaction to successful Italian bond auction. Italy sold 5.95 billion euros equivalent to $7.9 billion of debt meeting its target however, the yield on 10 year Italian bond gained to 5.84 percent from 5.24 percent. The Italian FTSE MIB index gained 1.7 percent to […]

Stock Markets Up in Europe on Positive Data from German Ifo - April 20, 2012 23:56

European stock markets ended higher on Friday mainly backed the banking sector which got a boost in reaction to surprise improvement in the German business climate index. Business confidence index from Ifo institute based in Munich gained to 109.9 in April which shocked investors and eased their tensions regarded the euro zone’s economy. The Stoxx […]

European Stocks Decline After the Increase in Italian & Spanish Yields - April 4, 2012 23:47

Stock markets in Europe turned bearish after the increase in yields of the Italian and Spanish bonds which created worries over the euro zone debt problems. The Stoxx Europe 600 Index fell 2.1 percent to close at 258.76 for the day making its lowest in last month. As the yields on Spanish bonds increased, uncertainty […]