stock market

Investors pull out from US stock funds

Wall Street has been put on defensive mode ever since Donald Trump became the president of the United States. This led to investors pulling out $8.9 billion from US stock funds that ended on March 22 according to a research conducted by EPFR Global.

Staples closes 70 stores amid disappointing stocks and sales

Traditional brick-and-mortar stores have been under pressure for some time due to greater online competition, which led Staples to close 4.5 percent of its store in 1,600 locations.

Snapchat parent company's IPO gains just disappeared

Analysts are concerned over Snapchat's sudden growth, valuation and hype for the past weeks and claim its IPO gains as overpriced.

Snapchat share price soars on market debut

The firm's valuation of $30 billion is the biggest record for a US tech company since Facebook in 2012.

London and European Stock Market Rallied Following Surge of China's Export

London's FTSE 100 rose on Wednesday to reach record high. European shares continued its rally led by mining stocks as China reported increase of export.

Draghi Determined to Do Anything to Raise Inflation Quickly

The European Central Bank declared on Friday that it is all set to act rapidly to increase anaemic inflation in the euro zone.

Indian Cabinet Approved Share Sale In Coal India Worth $3.2 Billion

India's cabinet on Wednesday approved the sale of 10% stake in the country's top coal producer, Coal India Ltd.

First Data Corp. Raises $2.56 Billion in Initial Public Offering

First Data Corp. managed to raise $2.56 billion worth of shares, but is still lower than the expected at $16 a share.

Shell assures investors: Dividends will be protected

Shell's CEO announce that the company will not cut its dividend payment this year even though the oil price continues to go low. The announcement was made in an email statement by Ben Van Beurden himself.

Asia shares trade at three weeks low after new data from China was released

China released new data on declining companies profit on late Monday prompt fear among investors causing a significant selling action in early trade. This, together with a sharp drop in the Wall Street on Monday fuels concern among investors.

Canadian bank sectors expected to boost payouts in 2016

Banking related stocks are expected to pay more dividend to investors by next year amidst the global economic uncertainty. However, three stocks to watch all are listed on Toronto Stock Exchange as Canada have been slowly growing even during this uncertainty period.

Freeport-McMoRan hires JPMorgan to help explore options

Freeport-McMoran hires JP Morgan after activist investor Carl Icahn said that teh company is undervalued and in need of corporate change.

Netflix Stocks Continues to Decline

Netflix stocks continues to decline after its rivals Hulu announced ads free streaming and Amazon will offer offline download feature.

Trading apps make the way for influx of young investors

Shrugging off the market turmoil, many young investors are entering the stock market. As a result, new account openings are doubling. There were more buy orders from young investors rather than selling. Adding to this, new trading apps like Robinhood are attracting youngster in a good number into stock market trading.