The market action yesterday was pathetic. I am usually not so blunt, but there is no other way to sugar coat it. Most people want to know "what happened"? But there was no real smoking gun. It was a pure buyers strike.Stocks plummeted on relatively low volume. And if you don't believe me about the buyers strike, take a look at the ARMS Index (a measure of buying vs. selling pressure), which hit...
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Filed under: Financial CrisisHave central banks reached the limit of what they can do to fix the global economic crisis? The answer is yes, if you believe that the price of Credit Default Swaps (CDSs) is any indication. With CDS premiums for corporate bonds reaching a new high, investors in the thinly traded, unregulated and poorly-disclosed corner of our financial markets are signaling that ce...
LONDON (Reuters) - British Airways is in merger talks with Australia's Qantas, it said on Tuesday, adding to various attempts at consolidation in an industry desperate to cut costs in the global economic downturn.
A U.K.-Australian tie-up could be in the works.
British Airways says it’s holding merger talks with Australia’s Qantas Airways in a deal that could combine two of the world’s best-known international carriers.
There remains potential for a large recovery back to the mid .70s given the 5 wave drop from the top (waves a and b of an a-b-c correction would be close...
LONDON (AP) -- British Airways PLC said Tuesday it is in talks with Australia's Qantas Airways Ltd. about a potential merger, sending its shares soaring as it confirmed expectations of consolidation in the hard-hit aviation industry....
British Airways said Tuesday that it is discussing a potential merger with Qantas Airways of Australia. The deal, which it warned may not happen, would be done through a dual-listed structure, it said in a statement on its Web site. The company said it made the announcement “in response to recent media speculation.” Over the summer, British [...]
Thanksgiving rally falls with a thud. After a five-day rally that spurred hopes of a lasting recovery, yesterday's market gave back much of the gains in one of its worst days ever. Monday's trading saw the Dow Jones Industrial Average down 7.7% to 8,149.09, the S&P 500 -8.9% to 816.21 and Nasdaq -8.95% to 1,398.07. The massive sell-off was spurred on by another round of negative economic n...
Students share winning tipsThe Australian,Australia- 32 minutes agoThe ASX CFD Trading Simulator and SFE Futures Trading simulator are both open for people to practise buying and selling these products, using live prices … Written by "futures trading" - Google News and Powered by WordPress