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Moller-Maersk post 2.6 percent increase in 1H but warns of lower 2011 results

Danish container shipping giant A.P. Moller-Maersk said that higher oil prices and an increase in container volume helped the company to post a 2.6 percent increase in net profit for the first six...

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House prices drop 5.9 percent in 2Q

Home prices in the United States dropped by 5.9 percent in the second quarter of this year according to the Federal Housing Finance Agency. The drop is the largest since 2009. The main cause in the...

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Gold rallies following grim job growth data; GSS, NG & ANV lead sector

The price of Gold has gained more than 2.6 percent during trading so far this Friday as investors turn to the safe haven metal after a report released by the Labor Department that triggered more fears...

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Wall Street Preview

The recent selling on fears of an early exit of the US Fed’s stimulus looks to be over, but the stock market may still face 3 digit intra-day swings as investors position for this Friday’s payrolls...

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