Archive for the Breaking News Category
The U.S. stock market closed slightly higher on Monday, Halliburton and other companies reported strong earnings, it offset builder’s confidence for the real estate market has fell to the adverse effects.
EST at 16 o'clock on the July 19, the Dow Jones industrial average rose 56.53 points to cl
07.20.2010| Breaking News | TonyLiu
Negative impact of the U.S. data, European stocks lower Monday, New York crude oil futures prices closed up 0.7%; gold futures prices down.
See the world's major stock markets closed list
Dow Jones 10143.46 +0.45%
The Nasdaq Composite Index 2194.49 +0.71%
S & P 500 1069.89 +0.47%
07.20.2010| Breaking News | TonyLiu
Gold futures on the COMEX Division of the New York Mercantile Exchange inched down on Monday, as eurozone economic fears and inflation worries diminished. Silver dropped, but platinum eked out a 0.1 percent gain.
The most active gold contract for August delivery dropped 6.3 dollars, or 0.5
07.20.2010| Breaking News | TonyLiu
Global Appraiser Moody's on Monday revised up Ukraine's real gross domestic product (GDP) growth to 3. 3 percent in 2010 and 4.5 percent in 2011.
The international rating agency said Ukraine's higher GDP growth is expected mainly due to the increase of the country's exports under the influe
07.20.2010| Breaking News | TonyLiu
Leech believes that one of the reasons the SEC never addressed the IMA's concerns is the revolving door between the audit community and the federal regulator, the SEC. As the IMA suggested in its letters, a big hurdle to improving Sarbox's implementation was the fact that COSO 92 is now 18 year
07.18.2010| Breaking News | TonyLiu
Leech believes that if he had been with one of the largest audit firms or a major corporation, his views might have been listened to. In fact, the SEC does have a mechanism which can be used. But as outlined on the web, the process is available only to registrants and their auditors, not members of
07.18.2010| Breaking News | TonyLiu
Treasury fires back: In a letter Treasury said it "strongly" disagrees with the reports findings.
A letter from Herbert Allison, the Assistant Secretary for Financial Stability at the Treasury, to Neil Barofsky, said that without the administration's help, GM and Chrysler "faced almost certain fa
07.18.2010| Breaking News | TonyLiu
Quarterly results: This week brings results from nearly one-quarter of the S&P 500, including 12 Dow components. IBM (IBM, Fortune 500), Microsoft (MSFT, Fortune 500), AT&T (T, Fortune 500), Coca-Cola (KO, Fortune 500) and American Express (AXP, Fortune 500) are among the standouts on the Do
07.18.2010| Breaking News | TonyLiu
If you have not reviewed your investment strategy and asset allocation, it could has changed dramatically because of the fast changing markets. It may have shifted into a 80% stocks / 20% bonds portfolio in terms of monetary value before you even realized it. Arrange for a session with your financia
07.16.2010| Breaking News | TonyLiu
The best investment strategy for this year 2010 will be different from the traditional investment and asset allocation strategy recommended previously by many investment brokers. Due to the faster changing markets, the best way to diversify your investments will be different from now onwards. Here a
07.16.2010| Breaking News | TonyLiu
U.S. stocks fell Friday,Citigroup, Bank of America and GE have announced earnings; Labor Department announced that CPI in June has decreased by 0.1% in line with expectations.
EST at 09:36 on the July 16, the Dow Jones industrial average fell 62.67 points to close at 10,296.64 points, down 0.60
07.16.2010| Breaking News | TonyLiu