Articles Written by:    ALEXIS XYDIAS     

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No Xmas cheer for Europe's exchanges

EUROPEAN stocks fell last week in holiday-shortened trading on signs that the deteriorating global economy is snuffing out earnings growth. Volkswagen AG, the region's largest car maker, sank more than 9 percent after Japan's Toyota Motor Corp ...

From ALEXIS XYDIAS, Shanghai Daily,  28 Dec 2008
Related Topics: Marks & Spencer,  DAX Index,  FTSE,  Dow Jones,  Bloomberg News

ING cuts outlook for Stoxx 600 this year

ING Groep NV strategists cut their 2008 estimate for the Dow Jones Stoxx 600 Index by 11 percent, forecasting that equities will remain near current levels after the European Central Bank suggested it may raise interest rates. London-based ...

From ALEXIS XYDIAS, Shanghai Daily,  11 Jun 2008
Related Topics: Dow Jones,  Bloomberg News,  Jean-Claude Trichet

Equities set to slip more on less credit

EQUITY markets are likely to slip further this year as severed access to credit hurts the "real" economy and corporate earnings, said Mark Van der Kroft, who oversees US$70 billion in stocks at Robeco Group. Van der Kroft, chief investment officer ...

From ALEXIS XYDIAS, Shanghai Daily,  25 May 2008
Related Topics: Bloomberg News,  Standard Poor's,  Citigroup

'Short-sellers' have widest stock choice

"SHORT-SELLERS," or people who make money when shares fall, have the widest choice of stocks since at least 1990, as corporate finances deteriorate and profit growth slows, according to a Societe Generale SA strategist. About 100 European stocks ...

From ALEXIS XYDIAS, Shanghai Daily,  14 May 2008

Mutual Fund Managers Move Into Cash as Prices Swing Wildly

Mutual funds are selling stocks and hoarding cash just as trading surges to a record and prices grow more volatile than at any time since the Great Depression. Forty-three percent of managers surveyed this month by Merrill Lynch moved more money into ...

From ERIC MARTIN AND ALEXIS XYDIAS, The Washington Post,  30 Mar 2008
Related Topics: Merrill Lynch,  Citigroup,  J.P. Morgan Chase & Co.,  Federal Reserve

Insiders on buying spree for own stocks

August Busch III, an AT&T Inc. board member since 1980, bought $2.27 million of shares in the biggest U.S. phone company last month, his largest purchase on record. Monsanto Co. director William Parfet added to his holdings in the world's No. 1 seed ...

From MICHAEL TSANG AND ALEXIS XYDIAS, Salt Lake Tribune,  9 Feb 2008
Related Topics: AT&T Inc.,  Standard Poor's,  Securities and Exchange Commission,  Merrill Lynch,  Citigroup

Dow Jones Stoxx 600 posts 1st annual loss

EUROPE'S Dow Jones Stoxx 600 Index posted its first annual decline since 2002, as benchmarks in the UK and France dropped on the last day of trading in 2007. Rio Tinto Group and Xstrata Plc slipped the most in two weeks as copper prices fell. Gaz de ...

From ALEXIS XYDIAS, Shanghai Daily,  1 Jan 2008
Related Topics: Rio Tinto Plc,  Citigroup,  Bloomberg News

European shares advance on recovery in M&As

EUROPEAN stocks climbed for a fifth week after takeover offers for Hagemeyer NV, Burren Energy Plc and Business Objects SA added to evidence that mergers and acquisitions are recovering from a summer slump. Telefonica SA led a gain in phone shares ...

From ALEXIS XYDIAS, Shanghai Daily,  14 Oct 2007
Related Topics: Business Objects S.A.,  Richard Branson,  Bloomberg News

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