The USD pared losses against the JPY, as downwardly revised Q3 GDP from Japan weighed on market sentiment. The USD weakened after a strong advance vs. the EUR.
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12/09/09 The greenback continued to rise this session as positive economic data and credit rating downgrades kept investors away from higher-yielding assets this session.
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Dec. 9 (Bloomberg) — Scott Black, president of Delphi Management Inc., talks with Bloomberg’s Betty Liu about his investment strategy. Black also discusses the outlook for the U.S. economy, stock market and Teva Pharmaceutical Industries Ltd. (Source: Bloomberg)
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This morning, 3M (MMM) drew the attention of Citigroup and FBR, both who are bullish on the stock. Citigroup raised its rating from Hold to Buy and set a $92 price target as the firm expects organic growth to surpass expectations in 2010.
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Dec. 9 (Bloomberg) — James Cameron, vice chairman of Climate Change Capital, speaks with Bloomberg’s Ryan Chilcote about investing in "green" assets and the carbon market. They speak at the United Nations climate-change talks in Copenhagen. (Source: Bloomberg)
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Movado Group (MOV) said today it lost $20.9 million, or 85 cents per share, for the third quarter, as compared to a profit of $15.7 million, or 62 cents per share, in the same quarter last year. Sales declined to $129 million, as compared to $135.8 million, and excluding items the watchmaker wou...
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This morning, 3M (MMM) drew the attention of Citigroup and FBR, both who are bullish on the stock. Citigroup raised its rating from Hold to Buy and set a $92 price target as the firm expects organic growth to surpass expectations in 2010.
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An Oppenheimer analyst said in a note this morning that his research shows Apple (AAPL) will begin mass production on its tablet computer in February. The product would have similar book-reading capabilities to Amazons (AMZN) Kindle.
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Shares of RealNetworks (RNWK) were given a boost Wednesday, after an arbitrator settled the company’s dispute with VeriSign, finding that Real did not interfere with VeriSign's planned sale of its mobile messaging unit. J.
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