News

World's biggest carmaker is worried about China

Posted on Money Markets at 1:40 pm on July 29, 2015 by by @MarkThompsonCNN

150729133459-volkswagen-china-780x439.jpg

Volkswagen is worried about the world’s biggest market for cars — China. The German company, which is now bigger than Toyota (TM) by sales, delivered 1.7 million cars in China in the first six months of 2015. That’s more than it sold across western Europe, but 4% fewer than the same period last year. Volkswagen Read more

Tags :

China has a major bubble problem

Posted on Money Markets at 3:32 am on July 29, 2015 by by @sophia_yan

150710122917-china-stock-market-street-market-00001230-1024x576.jpg

China’s stock market crash hits street markets Buy property! No, wait — buy stocks! OK, back to property! China has a problem: Its citizens are among the best savers in the world, but they don’t have enough places to stick their money — a reality that’s contributing to the formation of asset bubbles. For years, Read more

Tags :

Some U.S. senators want to start oil war with Iran

Posted on Money Markets at 9:50 pm on July 28, 2015 by by Heather Long

150402162734-iran-flag-oil-1024x576.jpg

Oil companies show renewed interest in Iran As Secretary of State John Kerry tried to sell the Iran nuclear deal to Congress Tuesday, some U.S. senators were ready to start an oil war with Iran. Republican Senator Lisa Murkowski is sponsoring a bill to lift the ban on exporting American crude oil. Send U.S. oil Read more

Tags :

At NetSuite, Cash Flows Even If Profits Remain Elusive

Posted on Top Stories at 12:51 pm on July 24, 2015 by by Motley Fool

netsuite-suiteworld-keynote-2015_large.jpg

NetSuite put on quite a show at its annual user conference. Credit: NetSuite. Shares of NetSuite (NYSE: N) were unchanged after hours Thursday, as investors deliberated how to react to the company’s mixed second-quarter results. Here’s a closer look at the Q2 totals versus Wall Street’s projections: N Revenue YOY Growth EPS YOY Growth Consensus Read more

Tags :

Another insurance mega-merger: Anthem to buy Cigna for $54 billion

Posted on Money Markets at 12:22 pm on July 24, 2015 by by @AaronSmithCNN

150625105518-supreme-court-obamacare-ruling-1024x576.jpg

Supreme Court upholds Obamacare subsidies In another merger of health insurance giants, Anthem has agreed to acquire Cigna in a $54 billion deal. The health services companies said that Anthem, Inc. (ANTM), a Blue Cross and Blue Shield insurer, would buy all of Cigna Corp.’s (CI)shares in a cash and stock transaction. The deal is Read more

Tags :

News