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Markets in Europe were off sharply at 6.30 AM New York time. The FTSE fell 2% to 5,662. Barclays (BCS) fell 3.9% to 443. British Air fell 5.5% to 229.25. Rio Tinto (RTP) fell 2.8% to 5292. The DAXX...
Markets in Europe were narrowly mixed at 7.15 AM New York time. The FTSE was up .1% to 5,706. BHP Billiton (BHP) was off 3.8% to 1529. HSBC (HBC) was up 1.9% to 773. The DAXX was up a fraction at...
Markets in Europe were down sharply at 6.40 AM New York time. The FTSE fell 1.2% to 5,697. BHP Billiton (BHP) dropped 4.4% to 1606. Rio Tinto (RTP) fell 3.3% to 5613. The DAXX sold off 1.2% to 6,512....
Markets in Europe were off slightly at 6.40 AM New York time. The FTSE was down .3% to 5,838. British Airways was off 4,3% to 253.5. British Energy was up 4.6% to 572. The DAXX fell .3% to 6,664....
Markets in Europe were up about 1% at 6.35 AM New York time. The FTSE rose .7% to 5,810. British Airways was up 3.3% to 258.75. HSBC (HBC) was up 2.5% to 788. The DAXX rose 1.3% to 6,632. Siemens...
Markets in Europe were down over 1% at 6 AM New York time. The FTSE fell 1.2% to 5,811. Barclays (BCS) was down 3.3% to 461.75. HSBC (HBC) was up 1.1% to 774.5. The DAXX fell 1.3% to 6,657. SAP (SAP)...
Stocks fell in Europe at 6.55 AM New York time. The FTSE was off .8% to 6,033. Whitbread rose 7.1% to 1313. Vodafone (VOD) fell 1.1% to 162.4. The DAXX dropped .8% to 6,941. Bayer (BAY) fell 3.4% to...
Nortel (NYSE: NT) is going to fire 2,100 poor souls as its business has gone into a flat spin. Telecom equipment companies have been falling like flies with recent poor reports from Alcatel-Lucent...
Markets in Europe were higher at 6.40 AM New York time The FTSE was up 1.1% to 6,066. Barclays (BCS) was up 1.6% to 515. HSBC (HBC) was up 3.2% to 796 The DAXX rose 1.5% to 6,980. Daimler was up 2.1%...
The new CEO of Siemens (NYSE: SI) is not a very nice fellow. Depending on which press account is accurate, he is gutting the telecom equipment part his company by cutting between 3,800 and 6,000...
According to Reuters, Siemens (SI) will cut over 6,000 jobs in its telecom equipment business. Reuters writes that MBIA (MBI) is moving to help bring stability to the credit markets. Reuters reports...
Siemens (NYSE: SI) joins the short list of big companies which claim that they are seeing no weakness in their global businesses. “It’s clear that we’re entering a phase of slowdown in the...
Markets in Europe were down over 1% at 7 AM New York time. The FTSE fell 1.5% to 5,880. HSBC (HBC) was off 1.7% to 268.25. London Stock Exchange was down 3.5% to 1510. The DAXX was off 1.3% to 6,909....
Markets in Europe were up at 8.15 AM New York time. The FTSE was up 1.7% to 5,888. Barclays (BCS) was up 6.4% to 455. BHP Billiton (BHP) was up 3.1% to 1599. The DAXX was up 1.5% to 6,935. Daimler...
Markets were higher in Europe at 7.20 AM. The FTSE rose 1.2% to 5,776. Barclays (BCS) was up 4% to 446.5. BHP Billion (BHP) was up 3% to 1527. The DAXX was up 1.3% to 6,833. BMW was up 3.1% to 35.27....