Archive for March, 2016

Feeble finish to a tempestuous quarter on Wall Street

March 31st, 2016

Feeble finish to a tempestuous quarter on Wall Street

Traders work on the floor of the NYSEAngst about a troubled global economy drove a steep selloff in stocks in January, before a rebound in oil prices cleared the way for the S&P’s 13-percent recovery since mid-February that has left the index up 0.8 percent for 2016. Shares of Best Buy added 2.76 percent after Barclays initiated coverage of the stock with an “overweight” rating.

Source
Economy News Headlines – Yahoo! News

Canadian pension plans' health declines in first quarter -survey

March 31st, 2016

Canadian pension plans' health declines in first quarter -survey
TORONTO, March 31 (Reuters) – The financial health of Canadian pension funds declined in the first quarter of 2016, affected by volatile currency markets, weakness in equity markets and lower bond…

Source
Reuters: US Dollar Report

Despite Low Unemployment, Veterans Struggle To Find Meaningful Jobs

March 31st, 2016

Despite Low Unemployment, Veterans Struggle To Find Meaningful Jobs

Unemployment for recent veterans has hit a historic low, but it’s not clear how many veterans are able to use their military experience to get meaningful employment.

Source
Economy : NPR

Wall Street ends down slightly; S&P ekes out first quarter gain

March 31st, 2016

Wall Street ends down slightly; S&P ekes out first quarter gain

Traders work on the floor of the NYSENEW YORK (Reuters) – Wall Street ended down slightly on Thursday but the Dow and S&P 500 posted gains for the quarter after a month-long rally that rescued stocks from their worst start to a year since 2009.

Source
Stock Markets News Headlines – Yahoo! News

U.S. Treasuries post strong quarter but gains not so golden

March 31st, 2016

U.S. Treasuries post strong quarter but gains not so golden
NEW YORK (Reuters) – The U.S. Treasury debt market is on track to post its best quarter in 4-1/2 years, but looking under the hood, much of the gain stems from investors demanding more compensation…

Source
Reuters: Money

Now coming to your value fund: those sexy growth stocks

March 31st, 2016

Now coming to your value fund: those sexy growth stocks
NEW YORK (Reuters) – Even the most exciting companies become boring eventually, though not always as suddenly as they have this year.

Source
Reuters: Money

Inflation-proofing your portfolio? Then worry about this

March 31st, 2016

Inflation-proofing your portfolio? Then worry about this
NEW YORK (Reuters) – With U.S. gasoline selling under $2 a gallon, food prices relatively flat and Wall Street bond traders betting on 1.5 percent annual inflation as far the eye can see, it may seem…

Source
Reuters: Money

Shares of Morocco's Alliances Development suspended as it delays 2015 results

March 31st, 2016

Shares of Morocco's Alliances Development suspended as it delays 2015 results
(Adds director comments) By Aziz El Yaakoubi RABAT, March 31 (Reuters) – Morocco’s stock market regulator AMMC suspended trading in shares of Alliances Development on Thursday after the property company postponed its annual results announcement, saying it wanted time to finalise a debt restructuring plan. Alliances’ shares have tumbled more than 65 percent in the past 12 months on the Casablanca stock market and the company issued a profit warning earlier this month, saying it would post a bigger loss for 2015 than previously expected. “We have asked the regulator to postpone our results announcement date pending the finalization of our restructuring plan,” Ahmed Ammor, managing director of Alliances Development, told Reuters by telephone.
Source
Stock Markets News Headlines – Yahoo! News

GLOBAL MARKETS-Roller-coaster Q1 ends with dollar down, stocks flat

March 31st, 2016

GLOBAL MARKETS-Roller-coaster Q1 ends with dollar down, stocks flat
NEW YORK, March 31 (Reuters) – Equity markets worldwide fell for the first time in four days on Thursday, the final day of a roller-coaster first quarter that has hammered the dollar and the pound…

Source
Reuters: US Dollar Report

Swiss National Bank has room to cut deposit rates further – board member

March 31st, 2016

Swiss National Bank has room to cut deposit rates further – board member
ZURICH, March 31 (Reuters) – The Swiss National Bank has room to drop interest rates further into negative territory from the 0.75 percent it charges on some deposits today, board member Andrea…

Source
Reuters: US Dollar Report