Wall Street slips as investors await monthly jobs data

Thu Mar 3, 2016/Reuters By Tanya Agrawal U.S. stocks were slightly lower in late morning trading on Thursday as investors parsed a barrage of economic data and awaited the monthly jobs report. Earlier in the day, data showed weekly jobless claims rose unexpectedly, but the underlying trend continued to point […]

Equities Market – Is February’s Gain A Dead Cat Bounce?

March 3, 2016/Cordros Research The domestic bourse delivered a rebound (+2.74% m/m) from January’s 16.50% disappointing loss. The gain was spurred majorly by bargain hunting, amid dividend and earnings expectation ahead of FY’15 earnings releases. The market’s positive performance came despite persistent pressure on the price of oil – and […]

Deutsche Boerse CEO touts benefits of LSE merger

Wed Mar 2, 2016/Reuters Deutsche Boerse (DB1Gn.DE) sees the Frankfurt exchange and customers benefiting strongly should the German exchange operator merge with the London Stock Exchange (LSE.L), Deutsche Boerse’s chief executive said on Wednesday. The array of trading and services on offer in Frankfurt and London would not become more […]