Emerging Markets Awash in Protests
In what is becoming something of an emerging trend, no pun intended, developing world stocks and many of the ETFs that track them are cascading lower even on days when U.S. equities rally.
Spain Garners a Bull Call
It was just over a year ago that yields on Spanish 10-year sovereign bonds surged over 7.6 percent.
Global Markets Rally on U.S. Fed Hopes
European equities advanced on Monday, led by telecom shares after the sector was buoyed by fresh merger and acquisition talk, although investors stayed cautious ahead of this week’s meeting of the Federal Reserve. The telecoms sector rose 1.6 percent, helped by a 2.7 percent rise in Spanish telecoms company Telefonica after a report in newspaper El Mundo that the government had blocked a 70 billion euro ($93.4 billion) tender offer from AT&T for the company. Telefonica denied it had received any approach from the U.S.
No stake sale in France Telecom, GDF for now: Hollande
PARIS – French President Francois Hollande said on Sunday the government was not looking to any of its shares in France Telecom or utility GDF Suez because valuations of its holdings were currently too low. “For France Telecom or GDF Suez, we are not selling because we consider that the share price is not high enough”, Hollande told M6 television in an interview
No stake sale in France Telecom, GDF for now: Hollande
PARIS – French President Francois Hollande said on Sunday the government was not looking to any of its shares in France Telecom or utility GDF Suez because valuations of its holdings were currently too low. “For France Telecom or GDF Suez, we are not selling because we consider that the share price is not high enough”, Hollande told M6 television in an interview
IMF urges repeal of ‘ill-designed’ U.S. fiscal cuts
WASHINGTON – The International Monetary Fund urged the United States on Friday to repeal sweeping government spending cuts and recommended that the Federal Reserve continue a bond-buying program through at least the end of the year.
Orofino Gold Corp (ORFG: OTC Pink Current) | Orofino Gold Corp: Sur de Bolivar region produced approx. 7.8 Billion dollars worth of (6 Million…
LAS VEGAS , NV , June 12, 2013 /PRNewswire/ – Orofino Gold Corp. (PINK OTC : ORFG) (“Orofino Gold” or the “Company”) is pleased to announce that in Colombian mining districts of Sur de Bolivar, where the Company has its concessions under option has produced approximately 7.8 billion dollars worth (6 Million ounces) of Gold or 358 million dollars worth( 274,000 ounces) of Gold per year. Colombian Government recorded gold production from the Sur de Bolivar region, between 1987 and 1994 was 1,271,000 ounces of gold, and the region is presently reporting the highest annual gold production in Colombia , averaging 275,000 ounces per year since 1991.
Ghana Gold Corp. (GGCO: OTC Pink Current) | Ghana Gold Corp. Receives Endorsement and Support from the Government of Central African Republic.
PORT ST . LUCIE, Fla.
Turkish Unrest Not Deterring U.S. Business
Political unrest in Turkey isn’t deterring U.S. companies like Sukup Manufacturing, a family-owned Sheffield, Iowa, maker of grain storage and moving products, from seeking to enter that rapidly expanding market. Yet
Sloud Inc. (SLOU: OTC Pink No Information) | JP Anderson to Launch The Investor Center
PANAMA CITY BEACH , Fla. , June 11, 2013 /PRNewswire/—Today, JP Anderson, Ltd., subsidiary to Sloud, Inc., (Pink Sheets: SLOU ) announced it would be launching a new media and radio portal In Sierra Leone named The Investor Center. Expected launch is August 5, 2013 .