Search Results for: ETF
Citi Sees Gold as Bitcoin Says Swiss Vote Makes No Sense
November 27th, 2014
The initiative requiring the Swiss National Bank to hold a fixed portion of its assets in gold makes no sense, according to Citigroup Inc., which said the metal was the equivalent of the virtual currency bitcoin. “There is no economic or ...
Twitter Debt Rated as Junk
November 14th, 2014
Twitter Inc. ’s debt was rated as junk on Thursday by Standard & Poor’s Ratings Services, a sobering grade that comes a day after executives of the social media service tried to reassure skeptics on Wall Street of its long-term ...
Protect yourself from a negative outcome
November 7th, 2014
Something bad that overturns our calculations and expectations in life can happen any time. A driver insures his car to be covered in case of an accident. A landlord can also insure his house, his assets. How can, an ...
Yen hits 7-year low vs dollar; Aussie falls after weak China PMI
November 3rd, 2014
The yen fell to a fresh seven-year low against the dollar on Monday, extending a massive sell-off sparked by the Bank of Japan’s surprise decision to boost its already huge bond-buying stimulus. Sellers also took aim at the Australian ...
Coinfloor expands to dollars, euros and zloty
October 22nd, 2014
Coinfloor has revealed plans to launch a bitcoin exchange traded fund (ETF) and accept additional fiat currencies as part of its efforts to expand internationally. Starting immediately, the UK-based bitcoin exchange is allowing customers to make deposits in US ...
Grandfathers with a future
October 15th, 2014
Diversification has proven to be, over time, the most successful investment strategy. For this purpose, the best tool that can someone use to achieve diversification is nowadays, ETFs. What are ETFs ETFs or Exchange Traded Funds are similar to ...
Abigail Johnson Named CEO of Fidelity Investments
October 14th, 2014
Fidelity Investments is getting its first new chief executive since the Carter administration. In a memo to employees, the nation’s second-largest fund manager said Monday that it named Abigail Johnson, its 52-year-old president, to the additional post of CEO. ...
Dollar Tree to acquire Family Dollar Stores
July 29th, 2014
Dollar Tree Inc. (DLTR:US) agreed to buy Family Dollar Stores Inc. (FDO:US) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S. Dollar Tree will ...
U.S. companies search for growth overseas
July 28th, 2014
Big U.S. companies are searching for corporate growth overseas for better financial opportunities. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their ...
Amazon reports $126m quarterly loss
July 25th, 2014
Amazon has reported a loss of $126m (£74m) in the second quarter and warned that sales could slow in the current quarter. Amazon forecast third quarter sales of between $19.7bn and $21.5bn, which could mean sales growth of as ...
