Equities

ASEAN Promoting Business in Middle East

The embassies of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Thailand and Vietnam will be organizing the fourth ASEAN Bazaar & Tourism Exhibition in cooperation with the Asian Cultural Network on Feb 27, 2010 at the Radisson Blu Hotel’s Al Hashemi ll Grand Ballroom.
The Ambassadors of the participating ASEAN countries will be on hand to [...]

Read More » No commentFebruary 25, 2010

Red Roadmaster stock Talk featuring DIS, KO, PEP, S

Re-cap of the US Stock Market Action for the Month ending 5 February 2010
US stocks erased a mid-day slide in the last half hour to close in the Green higher, ending a volatile week.
All three major indexes turned Green at the last half-hour as they headed into the close Friday. Investors bought up shares in [...]

Red Roadmaster stock Talk featuring CAT, EMR, EL, JNJ

US stocks rallied again Tuesday
The DJIA gained 111.32 pts, or 1.09%, to close at 10,296.85, the S&P 500 rose 14.13 pts, or 1.30%, to close at 1,103.32, and the NAS tallied up a + 18.86 pts, or 0.87%, to end the session at 2,190.06.
Rising sales of previously owned U.S. homes and robust earnings from bellwethers [...]

MSFT record profit

Microsoft’s net profit has hit a record $US6.66 billion ($7.44 billion) on unprecedented revenue driven by demand for the new Windows 7 operating system.
Microsoft reported that its revenue surged 14 per cent to $US19.02 billion in the fiscal quarter that ended December 31.
‘‘We saw record revenue and record profit, driven by strong demand for Windows [...]

Red Roadmaster Stock Talk featuring BA, GILD, KEY, TGT, YHOO

US Stocks rose on Wednesday as the US Fed keeps interest rates near Zero
The leading NAS got a late lift from a gain of 1% in Apple Inc after iPad’s debut.
The DJIA added 41.87 pts, or 0.41%, to close at 10,236.16, the S&P 500 gained 5.33 pts, or 0.49%, to 1,097.50, the leading NAS tallied [...]

Red Roadmaster Stock Talk featuring AA, BRK.A, BRK.B, ZION

US Stocks opened lower on concerns about a Chinese government clampdown on bank lending. Banking sources said China’s central bank told some banks to increase their reserve ratios to curb excessive lending.
The DJIA lost 2.79 pts, or 0.03%, to close at 10,194.07, the S&P 500 declined 4.62 pts, or 0.42%, to close at 1,092.16, and [...]

Apple Secret is Out

The McGraw-Hill chief executive has appeared to confirm speculation that Apple will unveil a tablet computer running on iPhone software during a highly anticipated media event tomorrow.
Harold McGraw was discussing his company earnings on cable business news channel CNBC. When asked about the tablet, McGraw said Apple would “make their announcement tomorrow on this one” [...]

Calm returns to US markets after 3 sell-off

A calmer mood prevailed in US markets Monday as the many of the concerns that caused Wall Street’s 3 day 5% fall appeared to go up in smoke, prompting a return to riskier assets for the moment.
The S&P 500 in New York rose 0.5% to 1,097, with some analysts arguing the sharp declines from last [...]

Red Roadmaster Stock Talk featuring APPL, MOS, POT, X

The DJIA rose 23.88 pts, or 0.23%, to close at 10,196.86, the S&P 500 added 5.02 pts, or 0.46%, to close at 1,096.78, and the NAS tallied up a + 5.51 pts, or 0.25%, to end the session at 2,210.80.
US lawmakers are now likely to approve Fed Chair Bernanke’s nomination after the White House defended [...]

BHP, Rio venture faces EU probe

BHP Billiton and Rio Tinto face a European Union investigation into whether their Australian iron-ore joint venture curbs competition.
Regulators will probe whether the deal between the world’s second- and third-largest iron-ore producers is a restrictive business agreement, the European Commission, the EU antitrust authority in Brussels, said in a statement today. It didn’t give a [...]