Markets Plunge On Weak Data And Profit Taking

Markets Plunge On Weak Data And Profit Taking
Welcome to the White House Mr. Obama, we hope you enjoy your stay. Your are beginning your Presidency in the midst of the worst financial crisis since the Great Depression, and it will take more than your exceptional oratory abilities to stem the tide of decline. We wish […]


Exxon Posts Record $11.68 Billion Profit

Exxon Posts Record $11.68 Billion Profit

NEW YORK Exxon Mobil Corp said on Thursday soaring oil prices pushed its second-quarter earnings up 14 percent, again breaking its own record for the highest-ever profit by a U.S. company.
Net income in the quarter rose to $11.68 billion, or $2.22 a share, from $10.26 […]


Pound Pummeled By News Of Lender Profit Warning

Pound Pummeled By News Of Lender Profit Warning
Talking Points
Japanese Yen: Drops below 105.00 as equities sell off across the board Australian Dollar: Retail Sales fall, but inflation rises at fastest pace everEuro: Holds steady as PMI Manufacturing remains above 50Pound: Pummeled by news profit warning from biggest buy to let lender Swiss Franc; GDP in […]