TRADING Archive

Record giving to non-profits boosting U.S. software company Blackbaud

Source photo Big data is starting to make its way down to even the smallest non-profit, and fund managers are finding a way to buy in. Among their favorite targets: U.S. software provider Blackbaud Inc, whose cloud-based software is a favorite among non-profits looking to cash in on the record levels of charitable giving in [&hellip

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Silicon Valley IPO market boom winding down, data shows

Last year, many tech IPOs enjoyed soaring valuations in their Wall Street debut, raining cash on the companies and their investors and boosting concerns about another Silicon Valley bubble. Now, the party is winding down, according to data analyzed by Reuters: Five of the 12 U.S.-based tech companies that went public this year, or 42 [&hellip

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European stocks gain, set to break losing streak

European equities climbed Thursday, springing higher after three sessions of declines, but a tumble in shares of Burberry Group PLC highlighted investor concerns about China’s cooling economy. The Stoxx Europe 600 index SXXP, +0.98% rose 0.9% to 359.07, as all sectors advanced, led by technology, telecommunications and health care stocks. Shares of chip designer ARM [&hellip

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European shares fall on weak China data, ASML slides after results

European shares fell on Wednesday as new concerns about deflationary pressures in China impacted equity markets, while technology group ASML slid after weak results. Data on Wednesday showed that consumer inflation in China eased more than expected in September while producer prices fell for the 43rd straight month. The pan-European FTSEurofirst 300 index fell 0.9 [&hellip

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Goldman Sachs under FBI, DOJ scrutiny over 1MDB probe

Source photo The Federal Bureau of Investigation and the U.S. Department of Justice are examining Goldman Sachs Group Inc’s role in allegations of corruption and money laundering at Malaysian state investor 1Malaysia Development Bhd (1MDB), the Wall Street Journal reported on Wednesday. The U.S. inquiries are at the information-gathering stage, and there is no suggestion [&hellip

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Ex-Rabobank traders face first U.S. trial over Libor manipulation

Source photo Two former Rabobank [RABO.UL] traders from Britain are set to become the first defendants to face trial in the United States on charges stemming from a global investigation into whether various banks sought to manipulate the interest rate known as Libor. Jury selection is scheduled for Tuesday in Manhattan federal court in the [&hellip

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U.S. stocks point higher as global stocks rally

U.S. stock futures climbed modestly shortly before the opening bell Friday, tracking a global rally in a week that has delivered sizable gains for Wall Street. Some gloomy news came after the close Thursday, as Alcoa Inc. slashed its outlook for China’s production of cars and heavy-duty trucks. Also, some euphoria after the release of [&hellip

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Wall Street braces for rough day ahead of Fed minutes, Alcoa

Source photo U.S. stock futures on Thursday pointed to moderate losses for Wall Street later, after Chinese stocks failed to rally as much as expected upon returning from a long holiday break. As well, some nervousness was setting in ahead of the minutes of the latest Federal Open Market Committee meeting and earnings from Alcoa [&hellip

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10 winning stocks in two lousy sectors

Source photo The ouster of DuPont CEO Ellen Kullman shows just how important it is for industrial conglomerates to get their houses in order and create shareholder value. Other chief executives may be in the hot seat when companies start to report third-quarter earnings Thursday, led by Alcoa AA, +5.48% Kullman had defeated an effort [&hellip

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Glencore shares jump as Europe gets commodities boost

Source photo European shares climbed higher on Monday, with a surge in Glencore lifting the mining sector and firmer oil prices giving energy stocks a boost. The pan-European FTSEurofirst 300 index rose 1.7 percent while the euro zone’s blue-chip Euro STOXX 50 index also advanced 1.6 percent. German potash producer K+S slumped, however, after Potash [&hellip

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