Stocks in Israel at 5-Month High as Iran Strike Recedes

Israeli stocks trading in New York climbed to the highest level since October amid speculation sanctions on Iran are reducing prospects Israel will take military action against the Persian Gulf nation’s nuclear sites.

The Bloomberg Israel-US Equity Index (ISRA25BN) of the largest Israeli companies traded in New York rose 2.2 percent to 90.04 yesterday, the highest level since Oct. 28, led by Teva Pharmaceutical Industries Ltd. (TEVA) and Check Point Software Technologies Ltd. (CHKP) The TA-25 Index in Tel Aviv added 1.9 percent to 1,148.96, also a five-month high.

Read details: Bloomberg Business Week

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Asia stocks end 2011 sharply lower, Europe in focus

[ via Reuters ] 30 Dec

 Asian stocks were poised to end their first losing year in three on Friday, having shed nearly a fifth of their value as Europe's debt crisis and financial turmoil took a toll on investors' risk appetite, driving them to safer assets such as the U.S. dollar and gold.

European stocks were set to edge higher on the last session of a dismal year that saw them tumble about 12 percent, while U.S. futures pointed to a weaker opening on Wall Street later in the day, with the S&P 500 looking set to end the year pretty close to where it began. .EU

Commodities such as crude oil and gold fared better this year. Brent crude is set to end the year up nearly 14 percent and at a record high annual average, as political tensions in OPEC member states help negate a global economic slowdown that has dampened oil demand growth.

The oil market will end 2011 the same way it started, with fears of a major oil supply disruption in the Middle East and North Africa supporting prices and the uncertainty is expected to continue into the new year as well.

Read more: Reuters

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Zynga dips below IPO price

[ via Reuters ] 16 Dec

Online games developer Zynga Inc scored badly as it went public on Friday, dashing hopes for the year's hottest tech IPO, as investors frowned on its over-reliance on Facebook, dimming growth prospects, and outsized control by CEO Mark Pincus.

Zynga's stock fell 5 percent below its $10 initial public offering price to close at $9.50 on Nasdaq on Friday, dealing losses to IPO buyers used to racking up gains on a stock's first day of trading.

Friday's flop stunned investors who had expected a strong showing because the company is profitable, unlike other recent high profile Internet IPOs such as Groupon and Pandora.

Read full story for details.

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Yahoo shares soar amid reports that Alibaba is preparing bid

BBC Business 2 Dec

Shares in Yahoo rose on reports that China's Alibaba Group was preparing a takeover bid with private equity firms Blackstone and Bain Capital. Yahoo shares ended Thursday trading on the Nasdaq tech exchange 3.3% higher, having been 4.8% up at one point.

However, "Alibaba Group has not made a decision to be part of a whole company bid for Yahoo," said John Spelich, spokesman of Alibaba Group.

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Dow up Four Hundred Points

Bloomberg Businessweek 30 Nov

The Dow Jones Industrial Average reached 12,045.68, up 490.05 points from yesterday’s close. Adjusting for the market’s volatility in 2011, the gain is equal to about 240 points in the first nine years of the last decade, Bloomberg data show.

The Dow surged 4.2 percent, the most since March 2009, after central banks acted to make additional funds available to lenders. JPMorgan Chase & Co. and Bank of America Corp. advanced at least 7.3 percent today as the Federal Reserve and five central banks lowered interest rates on dollar swaps and China cut banks’ reserve requirements.

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Asian markets up

BBC Business 1 Dec

Asian stocks have gained after a group of the world's biggest central banks unveiled plans to support the global financial system. Analysts said that the move by the central banks was an indication that the policymakers were trying to find a solution to the problems.

Japan's Nikkei 225 index rose 2.4%, South Korea's Kospi gained 3.7% and Australia's ASX 200 added 2.5%.

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Strong holiday shopping make stocks swell

Full Story: Yahoo News 29 Nov

A weekend of strong holiday shopping in the U.S. and radical proposals for stanching Europe's debt crisis sent stocks soaring Monday. The Standard & Poor's 500 index broke a seven-day losing streak and the Dow Jones industrial average jumped 291 points, its biggest gain in a month.

Markets in Europe also surged: France's CAC-40 jumped 5.5 percent. Indexes in Germany and Italy rose 4.6 percent. The battered euro rose against the dollar.

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Stock markets soar after Italy austerity vote

Full Story: BBC Business 11 November 2011

Stock update by BBC Business

After many days of dullness, stocks finally started to inch up Friday after Italy austerity vote. The Italian senate's vote begins a process that should see Italian Prime Minister Silvio Berlusconi quit.

The US Dow Jones share index closed 2.1% higher. German stocks ended 3.2% up and in the UK the FTSE 100 share index climbed 1.8%.

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Wall Street in Chaos and Dow tumbles 3%

Full Story: TIME World 10 November 2011

Photo: SodaHead

Uncertain Europe, specially financial troubles and government uncertainties in Italy and Greece, created chaos at Wall Street as Dow tumbled 3% bringing its industrial average down 389 points Wednesday. On the other hand, The S&P 500 also lost 3.7 per cent, its biggest one-day drop since August, after Italy's borrowing costs soared and talks collapsed in Greece on forming a new government.

The euro dipped 2 per cent against the dollar and Treasury yields sank as money moved out of Europe and traders bought U.S. government bonds.

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Apple Embattled Samsung Announces 13% Dip in Quarterly Earnings

Full Story: CNN

Samsung Electronics has announced a 13% drop in its quarterly earnings despite a record high performance in mobile phones and smartphone sales. 

The announcement comes as no surprise for customers and stock holders as the South Korean electronic giants has been losing to Apple in courts over patent issues.

While Samsung sales have gone up by 3%, its operating profit has come down to $4.24 trillion from $ 4.86 trillion.

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Stocks Bullish Despite Doubts over Euro Deal

Full Story: Mail Online

The stock markets around the world saw a bullish trend Thursday, despite doubts and skepticism over the Euro deal, which is being termed as nothing more than a sticking plaster. The Euro rescue deal by the WU leaders is being viewed by critics as too little.

But despite and all yelling and crying, Dow Jones Industrial Average was up 339.51 points to 12208.5 in New York, while the FTSE 100 index jumped 2.89 per cent or 160.58 points to 5713.82 in London.

Read full story for details

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European shares dip as hopes for debt crisis fade

Full story: Vancouver Sun

It has been reported by Reuters Thursday that European shares have dipped amid crashing hopes of a much awaited plan to ease the euro zone debt crisis. In a panic move,  the French President Nicolas Sarkozy flew to Frankfurt on Wednesday to talk with German Chancellor Angela Merkel in a bid to break a deadlock between the European leaders over how to increase the firepower of the region’s bailout fund. But nothing worthwhile seems to have been reached at.

Read full story for details..

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Olympus shares fall into troubled waters

Full Story: BBC Business

The firing of Michael Woodford, the first non-Japanese CEO of Olympus and subsequent claims and counter-claims have raised concerns about the future of the Japanese camera and medical equipment maker. And this has adversely affected the Olympus in the share market, where its shares dropped for a second day toady.The company's shares fell 24% on the Tokyo Stock Exchange on Monday, following an 18% drop on Friday. Read full story for details ..

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Shares of Chinese banks soar

Full Story: BBC

China, in order to boosting investor confidence shaken by foreign markets and domestic policy, has announced that was increasing its stake in banks, a step that has soared the shares of the big banks. Consequence to this announcement, shares in Agricultural Bank of China surged more than 12% on Hong Kong's main index, while Industrial and Commercial Bank of China rose 7% in early trade. Read more ....

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Stocks on the rise as French and German leaders step in

Full Story: My Way 

The Dow Jones industrial average soared 330 points, its biggest one-day gain since Aug. 11. It has gained 7.3 percent over the past five days. Bank of America Corp. jumped 6.4 percent, the most of the 30 stocks in the Dow. The latest jump came Monday after the leaders of France and Germany pledged to come up with a far-reaching solution to the region's debt crisis by the end of the month. Read for details in full story.

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Bank of England interjects £75billion to over come its worst financial crisis ever

Full Story: Daily Mail

The ongoing world wide recession has started to take toll of economies, specially countries which already have fragile economic base. But even developed countries like UK are also feeling the pinch. The Bank of England in a desperate attempt to stave off ill effects of the sever recession that has hit the country, interjected  £75billion into its flattening economy. The bank accepted that Britain is passing through its worst financial crisis ever.

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Apple's stocks slip as people are disappointed over its new release

Full Story: CS Monitor

The disappointing news by Apple to launch iPhone 4S instead of iPhone5 has made its stocks, AAPL, fall by $17 to $ 357. Although the new iPhone 4S has many improved features over the previous iPhone 4, like an improved camera, faster processor to run games smoothly, people were expecting something new, not an improvement of the old model, and were definitely disappointed. . Read full story for other details and Apple's future plans and clarifications for a face saving and along with its stocks not to slip further.

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Stocks at their worst low in three years

Full Story:Reuters

The ongoing global recession had had its effects being felt now more visibly. On Friday last, the stocks closed their worst ever quarter in last three years, hitting the economies worldwide and rising debts crises. The retail sales in Germany have seen their sharpest slide in more than four years, while China is experiencing contraction of its manufacturing sector since the beginning of last month.

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