Investors on Friday head for safety as the U.S. dollar and world stocks markets fall flat before U.S. jobs data. It is said that the Federal Reserve will use that data to raise interest rates for the first time in nearly a decade.
In Europe, Germany's export industrial output dropped in June that caused Europe stocks inched down by 0.5%. Top-rated German bond yields were flat at 0.72%
The prospect of higher U.S. rates has sucked funds out of emerging markets. A slump by Chinese stocks and a rout in commodities has also hurt investor demand.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4% and set for its third straight weekly loss. Japan's Nikkei stock index was up 0.3%. The MSCI world index.
In currencies, the dollar index was unchanged at 97.81. The euro was also flat $1.0927 EUR= early in Europe.
Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts
Friday, August 7, 2015
Sunday, July 19, 2015
Google Stocks Surges, help Nasdaq to close on record high
Last Friday Google stocks surges by 16% that helps Nasdaq setting a new record high. The 16% sudden increase in Google's publicly traded stock resulted to additional $65.1 billion in shareholder wealth, on paper.
Google's surge came after the search engine company reported quarterly earnings that exceeded analyst estimates for the first time since late 2013. The company's inability to hit the targets that steer investors had raised doubts about Google that had caused its stock to lag the rest of the market since the end of 2013.
Other players, Honeywell global Inc (HON) were up by 1.9% or $2.04 to $105.61. Yahoo, which holds a large stake in Alibaba, increased by 2%. Consumers remained upbeat about employment and wages. The railroad’s gain helped boost the Dow Jones Transportation Average by 0.7 percent.
Friday, October 10, 2014
World stocks fall after Wall Street plunge
World stocks falls this Friday following the cue from Wall Street after it suffered its worst day of the year. The anemic German trade data didn't help and it added worry that Europe is heading into recession.
Asia: Asian markets fell sharply Friday and oil prices plunged. Tokyo's Nikkei 225 index tanked 1.3 percent to 15,286.25 points and Hong Kong’s Hang Seng index dropped 1.9% to 23,144.81. China’s Shanghai Composite fell by 0.6% to 2,375.28. Seoul fold by 1.3 percent and Sydney and Singapore also declined.
Europe: Markets across Europe traded lower. Analysts are worried that Europe is heading to recession after Germany, Europe's biggest economy, reported their weakest year-on-year export growth in 5 years. The president of the European Central Bank, Mario Draghi, gave no indication of any further monetary stimulus, suggesting in a speech in Washington that governments need to do more on the fiscal side.
DAX of Germany fell 1 percent to 8,921.50. Britain's FTSE-100 was down by 0.8 percent to 6,431.85 and France's CAC-40 slide by 0.7 percent to 4,111.50.
Wall Street is looking weak and is heading for more declines, with the future for the Dow Jones industrial average down 0.1 percent in pre-market electronic trading and the Standard & Poor's 500 flat. On Thursday, the Dow were down 335 points, or 2%, to 16,659, the blue chip index’s biggest drop since a 354 point slide on June 6, 2013. The Standard & Poors 500 slumped 2% to 1,928. The Nasdaq composite slid 2% to 4,378.
ENERGY: Benchmark U.S. crude plunged $1.34 to $84.43 per barrel on concerns slowing global economic growth will reduce demand while production stays high. The contract lost $1.56 on Thursday to $85.77. Brent crude, used to price international oils, lost $1.17 to $89.19.
CURRENCY: The dollar rose to 107.95 yen from Thursday's 107.87 yen. The euro fell 1 U.S. cent to $1.26.
Sunday, February 16, 2014
Good news for Bitcoin Investors, Bitstamp restores service
Bitstamp the largest exchange service of Bitcoin has reinstated their automated customer withdrawals following a problematic closure of their exchanges for 4 days that have affected the value of Bitcoin. The closure is due to a hacking attacked and malware.
Bitstamp is based in Slovenia, they have stated:
"after rigorous testing, we have restored fully automated processing for Bitcoin withdrawals."
Bitstamp declared last Friday that they have a software solution to fix the issues, it resulted to a 9.7% rise in Bitcoin's price, the price jumped from $580 early Friday to $670.
Thursday, November 7, 2013
Investors welcome Twitter
Investors welcome Twitter to the New York Stock Exchange, and U.S. stock futures traded with moderate losses.
Twitter is a micro-blogging service, they will begin trading Thursday under the TWTR symbol. The company priced its shares at $26 each on Wednesday, which means it will raise around $2.1 billion from the IPO amid strong demand.
Dow Jones industrial average index futures, Standard & Poor's 500 index futures and Nasdaq index futures were all down by more or less 0.1%.
Majority of Asian stock markets are weak on Thursday, with a cautious mood prevailing ahead of key U.S. data that will provide further clues on when the Federal Reserve will cut monetary stimulus. The Nikkei 225 index fell 0.8% in Japan.
The major European benchmarks were trading mostly flat. Germany's DAX 30 index was down 0.1% and the FTSE 100 index fell by a similar amount in the United Kingdom.
Twitter is a micro-blogging service, they will begin trading Thursday under the TWTR symbol. The company priced its shares at $26 each on Wednesday, which means it will raise around $2.1 billion from the IPO amid strong demand.
Dow Jones industrial average index futures, Standard & Poor's 500 index futures and Nasdaq index futures were all down by more or less 0.1%.
Majority of Asian stock markets are weak on Thursday, with a cautious mood prevailing ahead of key U.S. data that will provide further clues on when the Federal Reserve will cut monetary stimulus. The Nikkei 225 index fell 0.8% in Japan.
The major European benchmarks were trading mostly flat. Germany's DAX 30 index was down 0.1% and the FTSE 100 index fell by a similar amount in the United Kingdom.
Tuesday, October 8, 2013
Rates rise at weekly US Treasury auction
WASHINGTON — Short-term Treasury bills interest rates shoot up to it's highest levels since late August in Monday's auction.
$35 billion in three-month bills were auctioned by the Treasury Department at a discount rate of 0.035%. Last week the discount rate was 0.010%. While the 30 billion in six-month bills was auctioned at a discount rate of 0.060% which has risen from 0.040% last week.
The discount rates indicates that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,999.12 while a six-month bill sold for $9,996,97. That would equal an annualized rate of 0.035 percent for the three-month bills and 0.061 percent for the six-month bills.
The Federal Reserve also said on Monday that the average yield for one-year Treasury bills was up to 0.11 percent last week from 0.10 percent the previous week.
Source AP
$35 billion in three-month bills were auctioned by the Treasury Department at a discount rate of 0.035%. Last week the discount rate was 0.010%. While the 30 billion in six-month bills was auctioned at a discount rate of 0.060% which has risen from 0.040% last week.
The discount rates indicates that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,999.12 while a six-month bill sold for $9,996,97. That would equal an annualized rate of 0.035 percent for the three-month bills and 0.061 percent for the six-month bills.
The Federal Reserve also said on Monday that the average yield for one-year Treasury bills was up to 0.11 percent last week from 0.10 percent the previous week.
Source AP
Thursday, July 25, 2013
Facebook’s Mobile-Ad Sales Soar
Facebook Inc. (FB) Chief Executive Officer Mark Zuckerberg’s decision last year to bet big on mobile software is paying off, with sales of ads on wireless devices now on track to surpass revenue from desktop computers.
Surging demand for mobile advertising helped profit and revenue top analysts’ estimates in the second quarter. The results sent shares of the world’s most popular social-networking service up 21 percent in extended trading yesterday, leaving them poised for a record one-day gain today.
The results may finally quiet concerns, voiced by analysts and investors since Facebook’s May 2012 initial public offering, that the rising popularity of smartphones and tablets is outpacing its ability to make money selling promotions to mobile users. By letting marketers show messages in the news feed on such devices, and shifting development efforts toward applications, Zuckerberg is delivering on his promise of making Facebook a “mobile-first” company, according to Jordan Rohan, an analyst at Stifel Nicolaus & Co. in New York.
“There’s latent demand for marketers to spend money on Facebook,” Rohan, who rates the shares a buy, said in an interview. “The company finally introduced the right set of ad products to facilitate that.”
Revenue rose 53 percent to $1.81 billion in the latest quarter, the company said in a statement yesterday. Profit excluding certain items was 19 cents a share. Analysts had projected profit of 14 cents on sales of $1.62 billion on average, according to data compiled by Bloomberg.
Blowout Quarter
Facebook added 17 percent to the equivalent of $30.94 in German trading at 10:30 a.m. Frankfurt time. They rose as much as 21 percent to $31.98 in extended trading yesterday, signaling the $64 billion company may exceed its record one-day gain of 19 percent in October, according to data compiled by Bloomberg.
“Finally, the blowout quarter that Facebook bulls have been waiting for,” said Paul Sweeney, an analyst at Bloomberg Industries. “Among many impressive data points, I think investors will focus on the percentage of revenue from mobile of 41 percent, which was well above consensus.”
Facebook, which had priced its IPO at $38 a share, saw its stock slump as low as $17.55 in September and was trading 30 percent below its initial offering price before yesterday’s results. Concern about Facebook’s ability to shift to mobile has weighed on the company’s shares since its $16 billion IPO, the largest technology offering on record.
Even with the decline, the Menlo Park, California-based company traded at 115 times earnings as of yesterday’s close, more expensive than 98 percent of the companies in the Standard & Poor’s 500 Index, according to data compiled by Bloomberg.
Mobile Push
Mobile ads, which made up 30 percent of revenue in the first quarter, will soon account for more than half of advertising dollars, Zuckerberg said on a conference call. The number of mobile users expanded 51 percent to 819 million during the quarter. The total number of Facebook members was 1.15 billion, compared with 1.11 billion in the earlier period.
“This quarter represents a strong validation that we’re effectively navigating the shift to mobile,” David Ebersman, Facebook’s chief financial officer, said in an interview. “All the investments we’ve been making in the business have been paying off.”
Facebook is projected to take 13 percent of the global mobile-advertising market this year, up from 5.4 percent last year, according to EMarketer Inc. Even so, the company remains a distant No. 2 to Google Inc. (GOOG), which is expected to grab 56 percent of the market in 2013.
Facebook has stepped up efforts with its mobile services, including updates to its smartphone applications and a new video feature for photo-sharing service Instagram.
Daily Users
Net income attributable to shareholders was $333 million, or 13 cents a share, compared with a loss of $157 million, or 8 cents, a year earlier.
More than half, or 61 percent, of Facebook members use the site daily, a number that has risen even as management projected it would decline, Zuckerberg said on the call.
“As we’ve grown, I always expected our ratio of daily actives to monthly actives would decrease as later technology adopters joined our service,” Zuckerberg said. “The opposite has actually been true.”
Revenue from payments, which includes virtual goods sold in games such as “FarmVille 2” and “Candy Crush Saga,” grew to $214 million in the second quarter, a gain of 11 percent from a year earlier.
The company lowered its estimate on capital expenditures this year to $1.6 billion, down from its earlier forecast of $1.88 billion, due to efficiency gains and the timing of planned purchases, Ebersman said on the call.
Marketing Tools
Facebook is also making improvements to its advertising tools for marketers. The company said last month it intends to cut its 27 ad units by more than half, making the promotion-buying process more simple and efficient.
The social-networking provider has been wooing more large advertisers. In April, Facebook won back General Motors Co. as a customer almost a year after the automaker said it was pulling ads off the service.
“It’s been pretty clear for a long time that Facebook could monetize its 1.1 billion users a lot better,”
Michael Pachter, an analyst at Wedbush Securities Inc. in Los Angeles, said in an interview. “It may sound simple, but we always knew that if they would just try harder, they could deliver.”
http://www.bloomberg.com/news/2013-07-24/facebook-profit-sales-beat-estimates-on-new-ad-formats.html
Surging demand for mobile advertising helped profit and revenue top analysts’ estimates in the second quarter. The results sent shares of the world’s most popular social-networking service up 21 percent in extended trading yesterday, leaving them poised for a record one-day gain today.
The results may finally quiet concerns, voiced by analysts and investors since Facebook’s May 2012 initial public offering, that the rising popularity of smartphones and tablets is outpacing its ability to make money selling promotions to mobile users. By letting marketers show messages in the news feed on such devices, and shifting development efforts toward applications, Zuckerberg is delivering on his promise of making Facebook a “mobile-first” company, according to Jordan Rohan, an analyst at Stifel Nicolaus & Co. in New York.
“There’s latent demand for marketers to spend money on Facebook,” Rohan, who rates the shares a buy, said in an interview. “The company finally introduced the right set of ad products to facilitate that.”
Revenue rose 53 percent to $1.81 billion in the latest quarter, the company said in a statement yesterday. Profit excluding certain items was 19 cents a share. Analysts had projected profit of 14 cents on sales of $1.62 billion on average, according to data compiled by Bloomberg.
Blowout Quarter
Facebook added 17 percent to the equivalent of $30.94 in German trading at 10:30 a.m. Frankfurt time. They rose as much as 21 percent to $31.98 in extended trading yesterday, signaling the $64 billion company may exceed its record one-day gain of 19 percent in October, according to data compiled by Bloomberg.
“Finally, the blowout quarter that Facebook bulls have been waiting for,” said Paul Sweeney, an analyst at Bloomberg Industries. “Among many impressive data points, I think investors will focus on the percentage of revenue from mobile of 41 percent, which was well above consensus.”
Facebook, which had priced its IPO at $38 a share, saw its stock slump as low as $17.55 in September and was trading 30 percent below its initial offering price before yesterday’s results. Concern about Facebook’s ability to shift to mobile has weighed on the company’s shares since its $16 billion IPO, the largest technology offering on record.
Even with the decline, the Menlo Park, California-based company traded at 115 times earnings as of yesterday’s close, more expensive than 98 percent of the companies in the Standard & Poor’s 500 Index, according to data compiled by Bloomberg.
Mobile Push
Mobile ads, which made up 30 percent of revenue in the first quarter, will soon account for more than half of advertising dollars, Zuckerberg said on a conference call. The number of mobile users expanded 51 percent to 819 million during the quarter. The total number of Facebook members was 1.15 billion, compared with 1.11 billion in the earlier period.
“This quarter represents a strong validation that we’re effectively navigating the shift to mobile,” David Ebersman, Facebook’s chief financial officer, said in an interview. “All the investments we’ve been making in the business have been paying off.”
Facebook is projected to take 13 percent of the global mobile-advertising market this year, up from 5.4 percent last year, according to EMarketer Inc. Even so, the company remains a distant No. 2 to Google Inc. (GOOG), which is expected to grab 56 percent of the market in 2013.
Facebook has stepped up efforts with its mobile services, including updates to its smartphone applications and a new video feature for photo-sharing service Instagram.
Daily Users
Net income attributable to shareholders was $333 million, or 13 cents a share, compared with a loss of $157 million, or 8 cents, a year earlier.
More than half, or 61 percent, of Facebook members use the site daily, a number that has risen even as management projected it would decline, Zuckerberg said on the call.
“As we’ve grown, I always expected our ratio of daily actives to monthly actives would decrease as later technology adopters joined our service,” Zuckerberg said. “The opposite has actually been true.”
Revenue from payments, which includes virtual goods sold in games such as “FarmVille 2” and “Candy Crush Saga,” grew to $214 million in the second quarter, a gain of 11 percent from a year earlier.
The company lowered its estimate on capital expenditures this year to $1.6 billion, down from its earlier forecast of $1.88 billion, due to efficiency gains and the timing of planned purchases, Ebersman said on the call.
Marketing Tools
Facebook is also making improvements to its advertising tools for marketers. The company said last month it intends to cut its 27 ad units by more than half, making the promotion-buying process more simple and efficient.
The social-networking provider has been wooing more large advertisers. In April, Facebook won back General Motors Co. as a customer almost a year after the automaker said it was pulling ads off the service.
“It’s been pretty clear for a long time that Facebook could monetize its 1.1 billion users a lot better,”
Michael Pachter, an analyst at Wedbush Securities Inc. in Los Angeles, said in an interview. “It may sound simple, but we always knew that if they would just try harder, they could deliver.”
http://www.bloomberg.com/news/2013-07-24/facebook-profit-sales-beat-estimates-on-new-ad-formats.html
Thursday, July 11, 2013
Hedge fund are now allowed to advertise publicly
The Securities and Exchange Commission lifts ban on public advertisements of Hedge funds and other firms that seek private investments
Through a 4-1 vote, the rule eliminates an 80-year regime of advertising restrictions intended to safeguard small investors from taking on potentially dangerous risk. The rule covers the way issuers raise funds through private offerings, a process that is exempt from requirements to report public financial statements.
While the rule would authorize firms to raise unlimited amounts via mass advertising of private offerings, it would require reasonable steps to ensure that buyers are so-called accredited investors — who are wealthier and deemed better able to gauge investment risks.
The rule would also make it easier for start-up businesses to raise funding without immediately requiring compliance with SEC disclosure rules. The measure is the first adopted by the SEC under a mandate in the 2012 Jumpstart Our Business Startups Act approved by Congress and signed by President Obama.
The SEC adopted the rule while unanimously approving a separate rule to ban most felons and other "bad actors" from involvement in private offerings.
More story here: http://www.usatoday.com/story/money/business/2013/07/10/hedge-fund-ads/2505463/
Through a 4-1 vote, the rule eliminates an 80-year regime of advertising restrictions intended to safeguard small investors from taking on potentially dangerous risk. The rule covers the way issuers raise funds through private offerings, a process that is exempt from requirements to report public financial statements.
While the rule would authorize firms to raise unlimited amounts via mass advertising of private offerings, it would require reasonable steps to ensure that buyers are so-called accredited investors — who are wealthier and deemed better able to gauge investment risks.
The rule would also make it easier for start-up businesses to raise funding without immediately requiring compliance with SEC disclosure rules. The measure is the first adopted by the SEC under a mandate in the 2012 Jumpstart Our Business Startups Act approved by Congress and signed by President Obama.
The SEC adopted the rule while unanimously approving a separate rule to ban most felons and other "bad actors" from involvement in private offerings.
More story here: http://www.usatoday.com/story/money/business/2013/07/10/hedge-fund-ads/2505463/
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