Following is the overview of stocks that traded within the ambit of 52-Week lows on Dec. 23, 2011. Gafisa S.A. (NYSE:GFA): Shares surged 1.10 per cent or 5 cents, to close at 4.61 USD. The 52-Week low/high points have been between 4.50 USD and 15.17 USD respectively. Gafisa S.A. opened at 4.59 USD and has [...]
Impax Laboratories Inc. (IPXL) has been sued by Cephalon Inc. a unit of Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA), stating violation of four U.S. patents for Fentora, a drug which is used in the treatment of pain related with cancer. Cephalon Inc. challenged Impax Laboratories by saying it is planning to market a generic version of [...]
Asian stocks plunged down as MSCI Asia Pacific Index dropped down by 0.9% early in the day in Tokyo. Yen climbed up after dropping down 3.1% yesterday, on the other hand euro declined by 0.1% to settle at $1.3845. Standard & Poor’s 500 Index dropped by 0.4%. South Korea’s currency won also plunged down by 0.2%. The [...]
According to President Obama, young generation in U.S. is falling behind their counterparts in other countries, as far as education field is concerned. Obama said education reform is an integral part of economic recovery. Obama in an address through electronic media said that one fourth American students are not completing high school and too little [...]
Admitting defeat on his proposal to extend taxes, Jerry Brown, Governor of California revealed a budget Monday which enforces unfathomable spending cuts. The plan, improvised by Democratic legislative leaders, reduces the amount given to state’s universities by $650 million, while that handed over to the judiciary by billions of dollars, according to Brown during a [...]
Federal Communications Commission is believed to improve the mobile capacity of the phones on a large scale. It is to lower down the burden on 700 megahertz which is highly sorted. The government is already boasting that the new 500 megahertz would help a futher reacjh of broadband services. The FCC is already under the [...]
Stocks in U.S. jumped 1 per cent last Thursday. This rise had been built on huge profits of previous session after investors cheered strong retail sales & greeted the plan of extending liquidity measures of the European Central Bank. This record profit has been reported in respect with some industrial gains. Industrial average of Dow [...]
Microsoft recently declared that Google these days does not understand business and day by day failing to deliver its service perfectly to the enterprise sector. In an interview with Techno-world, Tim Rizzo, and Microsoft’s senior director aiming Google Inc’s cloud-based services said that Microsoft exec put their money only where their mouth is. He also [...]
Healthy economic growth in China has lifted up the stocks of the World where as the euro halted its slide with the investors waiting for the next move of policy-makers to deal with the debt crisis of euro zone. The data of Chinese factory in November was better than it was expected with the official [...]
Tokyo, 29 November 2010 – Asian markets got mixed in the deal that took place on Monday, because of the ongoing tension in Korean peninsula and the crisis over debt in Europe. The average stock of Nikkei, around 225 has risen to 10,069.38 by 0.30 percent at the end of the trade in the morning, [...]
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