U.S. stocks rally on end-of-quarter buying (MarketWatch via Yahoo! Finance)
NEW YORK -- U.S. stocks rallied Wednesday, reversing early weakness, as investors set aside recent jitters about the subprime mortgage market and hedge fund woes to focus on rebuilding their portfolios ahead of the end of the second quarter on Friday....more...WALL STREET OUTLOOK Slightly lower ahead of Fed rate decision UPDATE (Sharewatch)
(Updating to add jobless, GDP data and market commentary) LONDON (Thomson Financial) - US stock futures are pointing to a slightly lower open as investors tread cautiously ahead of a Federal Reserve decision on interest rates, but Intel is looking at gains after broker Lehman Bros said it was upbeat about the chip maker's upcoming quarterly results....more... Housing Bubble and Real Estate Market Tracker (Seeking Alpha via Yahoo! Finance)
A roundup of articles and data about the housing market....more... They built billion-dollar empires from scratch (rediff.com)
Almost two-thirds of the world's billionaires made their fortunes from scratch, relying on grit and determination, not good genes...more... German Stocks Fall, Led by Banks; Allianz, Deutsche Boerse Drop (Bloomberg.com)
June 27 (Bloomberg) -- Germany's benchmark DAX Index declined for a fifth day, led by Deutsche Bank AG. Germany's largest bank paced industry shares lower on speculation earnings will be hurt by rising interest rates....more... German Stocks Fall, Led by Banks; Allianz, Deutsche Boerse Drop (Bloomberg.com)
June 27 (Bloomberg) -- Germany's benchmark DAX Index declined for a fifth day, led by Deutsche Bank AG. Germany's largest bank paced shares of the industry lower on speculation earnings will be hurt by rising interest rates....more... U.S. Stock-Index Futures Rise; Oracle, Nike Advance in Europe (Bloomberg.com)
June 27 (Bloomberg) -- U.S. stock-index futures rose on speculation earnings will keep growing after Oracle Corp. forecast higher sales than analysts estimated and Nike Inc. said orders increased the most in a decade....more... Nike, Wells Fargo, durable goods data, Oracle in focus (MENAFN)
Nike, Wells Fargo, durable goods data, Oracle in focus...more... Silanis raises £10m for its digital signature software (Financial Times)
A digital signature company whose clients include the US Army and Joint Chiefs of Staff and US Mint is set to float on the London Stock Exchange this week....more... |