Tumble In The Price Of The Oil

Tumble In The Price Of The Oil

Posted in: Business, Featured by Diana Miron | May 5th 2011 | no comments

While some of the things that are happening on an international level make United States to be proud of finally “defeating the enemy”, on the economic side things are not going as well as they are supposed to. Oil price does not reach the supposed target and it even tumbles 7%. The main reason [...]

Daimler AG Exudes Confidence

By Andra Marinescu | December 20th 2010 | no comments

Daimler AG Exudes Confidence A quarter of Daimler’s customers must now wait for their newly ordered vehicle. The company produces at full capacity and expects the coming year with a sustained momentum. The forecasts for the first half were pretty resilient, so that one could expect that [...]

Lufthansa Hit By Snow Chaos Once Again

By Andra Marinescu | December 20th 2010 | no comments

Lufthansa Hit By Snow Chaos Once Again Massive cancellations of flights, irritated passengers and crowded terminals: Lufthansa and Fraport have taken a though blow from the hard winter weather. A special flight plan should at least secure long-haul flights. The investors are disappointed. The shares [...]

Stability On Asian Markets

By Andra Marinescu | December 20th 2010 | no comments

Stability On Asian Markets The Tokyo stock market continued to tread water for a few days of holiday season.  At the Tokyo Stock Exchange on Friday morning, the trend is still that of stability: the Nikkei 225 ended the session down by 0.07% to 10,303.83 points. The activity was average, with 2.06 [...]

China’s And Hong Kong’s Rating Changed By S&P

By Andra Marinescu | December 20th 2010 | no comments

China’s And Hong Kong’s Rating Changed By S&P China and Hong Kong topped by Standard and Poor's. The rating agency welcomes the exceptional growth prospects of the two countries. Once is not custom, Standard and Poor's, accustomed in recent months to degrade European countries in crisis, noted [...]

Copper And Gold Prices Continue To Grow

By Andra Marinescu | December 19th 2010 | no comments

Copper And Gold Prices Continue To Grow Raw materials will remain under pressure from macroeconomic factors. The austerity measures and the financial health of the economy will determine the mood of investors. In 2010, the commodity market offered a lot of suspense, [...]

The Last Trading Weeks Of 2010

By Andra Marinescu | December 19th 2010 | no comments

The Last Trading Weeks Of 2010 A lot of momentum, one should not expect from the last pre-Christmas Dax-week. While the contemplation increases, the trading will be reduced to the same extent. For investors, it is time to buy stocks on the Dax in the outstanding period of 2010. 2010 was, at least [...]

The IMF Is Pessimistic In Regards To The Greek Economy

By Andra Marinescu | December 19th 2010 | no comments

The IMF Is Pessimistic In Regards To The Greek Economy The International Monetary Fund now expects a decline of 3% of GDP in 2011 against the 2.5% previously expected for the Greeks. The third tranche of the loan for the country was also released. The Greek economy is doing less well than the [...]

Several Heads Of State Call For The Freezing Of The EU Budget

By Andra Marinescu | December 19th 2010 | no comments

Several Heads Of State Call For The Freezing Of The EU Budget Five European leaders sent a letter to Commission President José Manuel Barroso. They want the EU does not exempt the efforts of its member states to put their public finances. Nobody should be exempted from the burden of redressing [...]

MVV Energie Will Reduce Costs

By Andra Marinescu | December 19th 2010 | 2 comments

MVV Energie Will Reduce Costs The Mannheim-based company, who has reacted in the past fiscal year, but everything is stagnant, but in terms of profit. In the future, MVV will reduce costs and break new ground. A higher electricity sales has the SDAX-listed energy utility in the past fiscal year [...]

German Industry Stronger Than Ever

By Andra Marinescu | December 19th 2010 | no comments

German Industry Stronger Than Ever The order books are full, the plants come with settings currently not far behind. No doubt, the German industry is booming. This is also shown by the latest Markit Purchasing Managers Index. The index for the German industry, which is based on a survey of 1,000 [...]

Reviewed Forecasts For 2011

By Andra Marinescu | December 19th 2010 | no comments

Reviewed Forecasts For 2011 The bank on Wall Street, Goldman Sachs has just launched the reviewed forecasts for 2011 last week. Among the bank’s predictions we find that crude oil will rise next year to $ 105 per barrel and the U.S. S & P 500 index [...]

2011 To Bring A Solid Pullback On Stock Markets

By Andra Marinescu | December 18th 2010 | no comments

2011 To Bring A Solid Pullback On Stock Markets We expect a solid pullback in the first month of 2011. On Wednesday the Dow fell 19 points and S & P 500 fell by 6 points in just one day after the stock market made a new high of the year. Prices have now reached the market in a relatively higher [...]

Oracle Making SAP’s Life Difficult

By Andra Marinescu | December 18th 2010 | no comments

Oracle Making SAP’s Life Difficult That might not please the rival SAP: The U.S. software giant Oracle exceeds expectations in the fiscal second quarter analysts' expectations by miles. The stock reacted with strong premiums. In after-hours trading on [...]

More Money For The Euro Rescue From ECB

By Andra Marinescu | December 18th 2010 | no comments

More Money For The Euro Rescue From ECB The European Central Bank (ECB) provides in the fight against the debt crisis in the euro zone an additional financial buffer. It would increase its share capital of just 5.8 to 10.76 billion euros, said the ECB in Frankfurt am Main. The increase must [...]

Though Times For BP

By Andra Marinescu | December 18th 2010 | no comments

Though Times For BP The British oil giant BP at risk of further costs in the billions for the environmental disaster off the Gulf of Mexico. The U.S. government has unexpectedly filed a complaint that BP could be costly. In essence, the application submitted to the government about [...]

Dark Clouds Over Credit Card Industry

By Andra Marinescu | December 18th 2010 | no comments

Dark Clouds Over Credit Card Industry In the U.S. credit card industry to come on hard times. The U.S. central bank will limit the fees of the bank card provider. The shares of MasterCard, Visa and American Express are rushing to the basement. In the future, the credit card companies can charge, [...]

Qatar Interested In German Acquisitions

By Andra Marinescu | December 18th 2010 | no comments

Qatar Interested In German Acquisitions The rich Gulf emirate has obviously big plans for the German economy. Even at an entry level, the software giant SAP seems possible. Want to focus more on the sheik's but the middle class. "Made in Germany" is still a popular brand. This is [...]

Shares Of Siemens – Big Winners This Week On Stck Markets

By Andra Marinescu | December 18th 2010 | no comments

Shares Of Siemens – Big Winners This Week On Stck Markets Shares of Siemens this week were the big winners in the Dax and climbed to a three-year high. Investors praise Siemens that the company finally gives up its loss-making IT unit SIS. During the morning the DAX yields by 0.6 percent, Siemens [...]