1 hour and 58 minutes ago, source: FN Arena
(This story was originally published on Wednesday, November 18, 2009.
1 hour and 58 minutes ago, source: FN Arena
Credit Suisse rates as Neutral - The Credit Suisse analysts have responded to rumours of making another takeover bid for Rio ((RIO)) by suggesting they can't see it happening.
2 days ago, source: FN Arena
By Andrew Nelson
The Dow closed 13 points or 0.13% lower, while the S&P 500 gave up 0.3% and the tech heavy Nasdaq retreated 0.5%.
Stocks were in the red for most of the session, but an afternoon push threatened to cement a positive close before some last minute selling pulled the Dow back below the gain line in fairly thin trade.
2 days ago, source: FN Arena
By Andrew Nelson
The world's economy might be gradually rebalancing, but its nothing to get excited about yet if you're in one of the Group of 7 "advanced"  economies.
2 days ago, source: FN Arena
By Chris Shaw
Investment in precious metals is on the way up, as evidenced by the gold price pushing through the US$1,100 per ounce mark in recent weeks.
3 days ago, source: FN Arena
By Greg Peel
The Dow closed down 93 points or 0.9% while the S&P lost 1.3% to 1094 - back under the psychological 1100 level - and the Nasdaq lost 1.7% following a broker downgrade of the chip sector.
Wall Street plummeted from the opening bell last night following the release of economic data.
3 days ago, source: FN Arena
RBS Australia rates as Buy - The Senate program has Telstra due to be discussed next week on the last sitting day of the year, but the broker expects a deferment to 2010.
3 days ago, source: FN Arena
By Chris Shaw
Recently former US Federal Reserve governor Frederic Mishkin wrote an article arguing not all asset bubbles are bad for the economy, which as Michael Rosborough of CIBC World Markets notes is at least a partial acceptance that one current objective of policy in at least some economies is to create asset bubbles to use as a policy tool.
The theory is one of pushing up the prices of some assets so as to allow for a return of investor confidence, which is an important element of an economic recovery.
3 days ago, source: FN Arena
By Greg Peel
French bank Societe Generale has made the headlines many times in the past two years, but two particular occasions stand out.
4 days ago, source: FN Arena
 By Greg Peel
The Dow closed down 11 points or 0.1% while the S&P dipped less than a point to 1109 and the Nasdaq was also only just in the red.
The rule of thumb is that a big up-day will only be confirmed if the second day following is also positive.
4 days ago, source: FN Arena
JP Morgan rates as Upgrade to Overweight from Neutral - Target $40.88 (was $35.49).
4 days ago, source: FN Arena
By Andrew Nelson
Yesterday, the RBA released the minutes from its November board meeting, when it increased the cash rate by 25bp for a second straight month.
4 days ago, source: FN Arena
By Chris Shaw
Australia's economic outlook continues to brighten as the Westpac-Melbourne Institute Leading Index for September rose to well above its long-term trend rate of 3.1%, posting an annualised growth rate of 5.8%.
5 days ago, source: FN Arena
By Greg Peel
The Dow closed up 30 points or 0.3% but the S&P managed only a 0.1% gain to 1110 while the Nasdaq added 0.3%.
It was one of those rare sessions in which stocks finished higher, or at least not lower, despite the US dollar index rising half a percent to 75.31.
5 days ago, source: FN Arena
Credit Suisse rates as Outperform - Having been restricted the broker has now resumed coverage with an Outperform rating and $10.00 price target, down from $10.72 previously.