Buzzing Stocks

NZ Dollar to Witness Hike

NZ-DollarThere are speculations that with the slop in the American economy, the New Zealand dollar may witness an upward movement. Currently, the dollar is trading at 86.24 US cents and it is expected that in the coming months it may trade in the range of 84 US cents and 87.50 US cents.

SocialFlow publishes visual look at how Twitter spread news of Bin Laden's killing

SocialFlow publishes visual look at how Twitter spread news of Bin Laden's killingA New York-based startup, called SocialFlow, has published an interesting visual look at how the news of Osama bin Laden’s killing started off and spread on micro-blogging site Twitter.

The news of terrorist outfit Al-Qaeda leader Osama Bin Laden’s killing spread at a lightening speed via Twitter, even before the formal announcement of the occurrence.

Silver, Gold Ebbs Following CME Announcement

It seems that the news of escalation of margin in silver trading by CME has broken the juggernaut of one of the most expensive commodities, so far, of the market, silver or white gold. With the news of pertaining to silver trading by CME hitting the financial market, the investors, who were seen flocking the commodity market since a long time, were making swift exit from silver trading to avert potential financial pressure on their pocket.

Wall Street Traders Expect the Economy to Recover

Wall-StreetThe traders at the Wall Street have been expecting miracles. They believed that the economy will definitely improve from the mergers and acquisitions. The authorities have been claiming that the economy is recovering from the damages caused by the recession and inflation.

High Commodity Prices Pushes Stocks

High Commodity Prices Pushes Stocks

The share market closed with higher stocks as a result of high commodity prices mainly gold, silver and copper. The share prices of gold and silver mining companies were higher at the stock exchange today. The shares of the producers of steel, copper and aluminum were also higher than before.
The prices of gold were $1,438 an ounce whereas the prices of silver increased by 2.6%. The new prices of silver were $37.198 an ounce which was highest since 1980. The prices of copper rose by 2.7%, to $4.429 a pound.

Shares Plunge after the End of Southern Cross Takeover

The local authorities are putting pressure on the Southern Cross for lowering fees of patient care and also by the leases on property that make an annual rent increase of about 2.5%
 
According to the Southern Cross, it has suffered a decline in the trading scenario since the 8th of February this year. It happens to be an organization that takes care of as many as 31,000 residents.
 

Syndicate content