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FOREX AND ANALYSIS

FOREX AND ANALYSIS

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  • BB&T buys Colonial bank; 4 other banks fail

    Posted on Saturday August 15th, 2009 at 00:54 in advantages

    Troubled Colonial BancGroup will be bought by rival BB&T Friday, the government said after state regulators closed the bank whose assets had been frozen by a federal judge.The Montgomery, Ala., bank, which has 346 branches spread across Florida, Alab...

  • France and Germany Lift European Economy

    Posted on Thursday August 13th, 2009 at 06:28 in advantages

    FRANKFURT — The European economy bounced back with unexpected strength in the second quarter after contracting sharply at the beginning of 2009, data released Thursday showed, offering the clearest evidence yet that a searing recession is drawing t...

  • Fed Meeting Likely to Signal Fate of Intervention Programs

    Posted on Tuesday August 11th, 2009 at 19:55 in advantages

    When the Federal Reserve announces results of its policymaking meeting Wednesday, it should offer insights into whether the central bank will start unwinding some of its expansive interventions to prop up the economy.The Federal Open Market Committee...

  • Activision 2Q Profit Soars, But Revenue Seen Dropping

    Posted on Wednesday August 5th, 2009 at 19:46 in advantages

    Still, the Santa Monica, Calif.-based company reeled back revenue guidance for 2009 by 6% as it delayed two releases and forecast more difficult market conditions. The company also offered disappointing third-quarter guidance and expressed caution as...

  • Obama Says U.S. Has ‘Many More Months’ Before Full Recovery

    Posted on Saturday August 1st, 2009 at 05:44 in advantages

    President Barack Obama said it will take “many more months” for the U.S. to fully recover from the recession as employers continue to shed jobs.The president said in his weekly address on the radio and the Internet that yesterday’s government r...

  • Asia stocks up after US earnings, Bernanke comment

    Posted on Wednesday July 22nd, 2009 at 03:56 in advantages

    HONG KONG — Asian stocks rose modestly Wednesday after more U.S. companies posted stronger earnings and the Federal Reserve's chairman said the world's largest economy was on pace to recover this year. European markets were weaker.Most markets in A...

  • UPDATE: Barnes & Noble Opens E-Bookstore With 700,000 Titles

    Posted on Monday July 20th, 2009 at 20:08 in advantages

    SAN FRANCISCO (Dow Jones)-Barnes & Noble Inc. (BKS) on Monday launched an e-bookstore offering titles that can be read on Apple Inc.'s (AAPL) iPhone and iPod Touch, Research in Motion Ltd.'s (RIMM) BlackBerry smartphones, as well as most notebook...