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STOCKS NEWS EUROPE-Time for sector rotation -Societe Generale STOCKS rose 1.22 per cent yesterday after suffering heavy selling pressure last week, with investors gearing up for a closely-watched United States Federal Reserve policy meeting this week. U.S. defence budget uncertainty clouds Chemring outlook (Reuters) - British military equipment maker Chemring Group Plc said results for the year would likely be at the lower end of its expectations as it restructures its business to cope with the uncertainty around defence budget cuts in the United States. Related Stories Nikkei outperforms Asian stocks as Fed looms Dish abandons Sprint bid for now to focus on Clearwire Asia business sentiment rises ... US stocks decline on data United States stocks fell on Friday and the dollar was headed for its worst week in almost four years against the yen as investors worried major central banks may soon start withdrawing stimulus and after data showed a decline in US consumer sentiment. But European shares ended higher, supported by signs of merger and acquisition... [Read More...] Stocks post small gains after US credit ratings boost Stocks held small gains in choppy trading on Monday, after Standard & Poor's raised the United States' credit outlook for the U.S., but investors continued to wonder when the Federal Reserve might taper its stimulus efforts. The ratings agency raised the U.S. sovereign credit outlook to "stable" from "negative," with a current rating of AA , adding that the likelihood of a near-term dow... London shares close higher ahead of Fed meeting London shares closed higher on Tuesday as investors hoped the two-day Federal Reserve Board meeting will not spark too sharp a reduction in the Fed's stimulus programme to shore up the United States economy, dealers said. The Fight to Fix Public Education Has Finally Reached a Boiling Point An education alarm is sounding in the United States. Aust shares fall on investor caution Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the United States. The market fell by as much as nearly one per cent during the day, in line with ... John Prestbo's Indexed Investor: How to have your stocks and income too Multi-asset income ETFs are getting more attention as dividend-paying stocks face competition for investors’ dollars from rising yields in the bond market, writes John Prestbo. Brent slips towards $103 on demand worries; weak dollar aids By Manash Goswami SINGAPORE (Reuters) - Brent futures slipped towards $103 a barrel on Thursday as a jump in gasoline stocks in the United States with the summer driving season already underway stoked worries about demand, but a weak dollar helped stem the slide. The U.S. dollar wallowed at a near four-month low against a basket of major currencies as investors cut bullish positions amid ... |
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