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$9 billion bet by Freeport-Shares down by 15.99% – PXP, MMR

Freeport’s bold move to acquire Plains Exploration & Production Company (NYSE:PXP) and McMoRan Exploration Co.(NYSE:MMR) for $ 9 billion is being criticized hugely by market analysts and industry experts. The deal was aimed to diversify into US energy market as global copper market declines. The share…

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Why you should stay way from AAPL?

The third stock sell off of Apple Inc.(NASDAQ:AAPL) this year has led analysts, observers and experts questioning the justification behind a market leader’s decision to sell-off despite a projected double digit growth for next fiscal year. The market value of the company has dipped by more than 20% over the last 10 weeks; 7% of which cropped up in the last week alone. Despite…

Currency Market Concentrates On the United States Fiscal Cliff

Will Bank of America pass stress test?

According to the CEO of Bank of America Corp (NYSE:BAC), Brian Moynihan they can generate a consistent profit in the future Federal Reserve stress test. The…

Euro Stabilizes Amid Good Hopes for Greece Deal

The Euro remained unchanged against the dollar in a rather quieter European trade, as finance ministers of Eurozone prepare to meet in Brussels, trying…

Retailers Push Cyber Monday Deals Ahead Of December – JCP, WMT, KSS

“From green beans to great deals, millions of Americans found time this Thanksgiving to make the most of retailers’ promotions and enjoy a special…

Genders Wars Arising in the United States Presidential Elections

Retrial For AU Optronics Corp.(NYSE: AUO) Executive In LCD Price Fixing Case-DELL, HPQ

AU Optronics Corp.(NYSE:AUO), a company based in Hsinchu, Taiwan is facing a tough time these days. The company is succumbed by a $500 million dollar fine…

Asian Markets

Who is responsible for the fiasco at Hewlett-Packard (NYSE:HPQ) – AAPL

Mark Hurd, the Ex-chief executive of Hewlett-Packard (NYSE:HPQ) might be sitting somewhere and laughing at the way things are happening at Hewlett-Packard…

RIMM would need to sell 18m BB10 phones to break even – AAPL, MSFT, NOK, GOOG

Wall-Street analysts foresee a positive market sentiment for the new Blackberry 10 Smartphone devices which are set to launch in March, coming year. The…

Will investors sell RIMM and NOK to save capital tax ?

There was a huge short covering in the shares of Nokia Corporation (ADR) (NYSE:NOK) and Research In Motion Limited (USA) (NASDAQ:RIMM) as both jumped by…

Asian Markets Subdued Amid Cautious Trades

Kweku Adoboli’s unauthorized trading attracts $72m fine for UBS AG

UBS AG (UBSN:VX) faces a heavy fine of 45 million pounds, the second highest amount of fine ever in the history of unauthorized trading. The penalty imposed…

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