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International Stocks Up, Dollar Rebounds

International Stocks Up, Dollar Rebounds

International equity indexes went north on January 16, all set for wide gains. The European shares lighted up the way, taking their direction from positive trading trends in Asia-Pacific region. The US dollar also bounced up from its three year low ..

New York City Files Lawsuit Against Exxon, BP, Chevron

New York City Files Lawsuit Against Exxon, BP, Chevron

The City of New York said on Wednesday that it will be suing BP plc (NYSE: BP), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation (NYSE: XOM), and Royal Dutch Shell plc (NYSE: RDS.A) in an attempt to hold oil and gas producers responsible for..

Asian Stocks Start the Year with a Bang, Hang Seng Climbs Up 1.5 Percent

Asian Stocks Start the Year with a Bang, Hang Seng Climbs Up 1.5 Percent

The first trade session of 2018 was boosted by the strong performance of Asian indexes. At the same time, the dollar continued to stay on the rear foot and touched its minimum in the last three months.  The S&P/ASX 200 dropped down and trad..

China’s Factory Industry at Seven-Month Low

China’s Factory Industry at Seven-Month Low

As demand and producer price gains slowed down in November, China’s industrial firms’ earnings trimmed down as well marking it the slowest pace in seven months. China is the world’s second largest economy with low income that has c..

Fastenal Company Announced Third-Quarter Earnings

Fastenal Company Announced Third-Quarter Earnings

On Wednesday, Fastenal Company (NASDAQ: FAST), the industrial and construction supplies maker, announced its financial results for the third quarter of 2017. Shares of the company dropped 1.9% in premarket trading on Wednesday.For the third quarter,..

Ascendis Pharma Shares Jump While Competitor Misses Results

Ascendis Pharma Shares Jump While Competitor Misses Results

Ascendis Pharma A/S (NASDAQ: ASND) shares jumped over 40% in premarket on Friday following the news that its competitor, Versartis Inc. (NASDAQ: VSAR) late-stage clinical trial missed its primary endpoint. Versartis shares plummeted down over 86 per..

U.S. Stocks Hit Record Highs

U.S. Stocks Hit Record Highs

U.S. stocks traded higher on Monday and hit new record highs as investors are waiting for the Federal Reserve’s policy meeting this week.All three major indexes hit new record highs. The Dow Jones industrial average rose 0.45 percent or 76.84 ..