Investment News – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sat, 18 Jan 2014 17:19:21 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Investment News – InfoStride News https://www.theinfostride.com 32 32 United States Treasury Dept to sell $3 bn in Ally Financial shares https://www.theinfostride.com/united-states-treasury-dept-sell-3-bn-ally-financial-shares/ Sat, 18 Jan 2014 17:19:21 +0000 http://www.theinfostride.com/?p=11579 The US Treasury Department said Thursday that it plans to sell about 40 percent of its shares in rescued bank Ally Financial for around $3 billion. Ally Financial, the former lending arm of automaker General Motors, was bailed out by the government…

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]]> EU stocks dip on US jobs data https://www.theinfostride.com/eu-stocks-dip-us-jobs-data/ Sat, 18 Jan 2014 16:50:13 +0000 http://www.theinfostride.com/?p=11565 European stocks pulled back on Thursday, failing to gain traction from a surprise drop in US unemployment claims, while Citigroup earnings disappointed. London's benchmark FTSE 100 index ended the day down just 0.07 percent at 6,815.42 points. Frankfurt…

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]]> US stocks rise modestly in mixed earnings week https://www.theinfostride.com/us-stocks-rise-modestly-mixed-earnings-week/ Sat, 18 Jan 2014 16:42:50 +0000 http://www.theinfostride.com/?p=11562 US stocks finished the week modestly higher following a mixed batch of corporate earnings reports, avoiding a major retreat that had been feared early in the period. The Dow Jones Industrial Average edged 21.51 (0.13 percent) higher to 16,458.56. The…

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]]> Obama to attend EU-US summit in Brussels: EU source https://www.theinfostride.com/obama-to-attend-eu-us-summit-in-brussels-eu-source/ Fri, 17 Jan 2014 22:06:12 +0000 http://www.theinfostride.com/?p=11371 US President Barack Obama will head to Brussels on March 26 to attend an EU-US summit, a European source told AFP Friday. The meeting is expected to give Obama the opportunity to mend ties with the 28-nation bloc, after tensions over revelations that…

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]]> European stocks climb despite Shell profit warning https://www.theinfostride.com/european-stocks-climb-despite-shell-profit-warning/ Fri, 17 Jan 2014 14:10:49 +0000 http://www.theinfostride.com/?p=11205 Europe's main stock markets rose on Friday, with London making gains as strong retail sales data offset a profit warning from Anglo-Dutch energy giant Shell. London's FTSE 100 index of top companies gained 0.25 percent to stand at 6,832.75 points in…

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]]> Dunkin’ Brands Announces Global Marketing Partnership With Liverpool Football Club https://www.theinfostride.com/dunkin-brands-announces-global-marketing-partnership-with-liverpool-football-club/ Fri, 17 Jan 2014 01:36:38 +0000 http://www.theinfostride.com/?p=11095 Dunkin' Brands Under the agreement, Dunkin' Donuts will become the official coffee, tea and bakery partner for Liverpool FC, and Baskin-Robbins will become the official ice cream partner. Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company…

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]]> Google Make 15th Renewable Energy Investment In Texas https://www.theinfostride.com/google-make-15th-renewable-energy-investment-in-texas/ Wed, 15 Jan 2014 14:26:40 +0000 http://www.theinfostride.com/?p=10696 Google made big news earlier this week, announcing that they would be acquiring Nest Labs, the maker of the Nest Learning Thermostat. Google have a long history of investing in clean energy and clean technologies like Nest, and they have continued that…

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]]> Profit Planners Management, Inc. Reports Financial Results for the Six Months Ended November 30, 2013 https://www.theinfostride.com/profit-planners-management-inc-reports-financial-results-for-the-six-months-ended-november-30-2013/ Tue, 14 Jan 2014 21:50:08 +0000 http://www.theinfostride.com/profit-planners-management-inc-reports-financial-results-for-the-six-months-ended-november-30-2013/ NEW YORK, NY–(Marketwired – January 14, 2014) – Profit Planners Management, Inc. (OTCQB: PPMT) announced its financial results for the six months period ending in November 30, 2013. Revenues were $372,288 compared to revenues of $453,210 for the prior year, a decrease of approximately 18%. The decrease in revenues is primarily attributable to a transition in the [...]

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]]> Getting rich off Chinese ‘fraud’ on Wall Street https://www.theinfostride.com/getting-rich-off-chinese-fraud-on-wall-street/ Sun, 12 Jan 2014 19:26:47 +0000 http://www.theinfostride.com/?p=10194 Enlarge Many Chinese firms choose to list shares in the West, instead of limiting themselves to domestic markets (pictured). New York-based research firm Muddy Waters has brought down a handful of them with fraud accusations, making a profit along the…

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]]> US stock market end mixed week mostly higher https://www.theinfostride.com/us-stock-market-end-mixed-week-mostly-higher/ Sat, 11 Jan 2014 19:44:58 +0000 http://www.theinfostride.com/?p=10065 Momentum has slowed on Wall Street after the surge at the end of 2013, but the stock market's tally at week's end was still respectable, even if not outstanding. While the market spent much of the week in the red, two of the three indices still finished…

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]]> JPMorgan to pay $2.6 bn for role in Madoff Ponzi fraud https://www.theinfostride.com/jpmorgan-to-pay-2-6-bn-for-role-in-madoff-ponzi-fraud/ Tue, 07 Jan 2014 23:50:03 +0000 http://www.theinfostride.com/?p=8980 JPMorgan Chase will pay $2.6 billion for its role as the key banker in the mammoth 2008 Madoff Ponzi scheme, US justice authorities and regulators announced Tuesday. The amount, part of a settlement deal over criminal charges, includes $2.24 billion…

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]]> Oil prices rise as US freeze lifts heating demand https://www.theinfostride.com/oil-prices-rise-as-us-freeze-lifts-heating-demand/ Tue, 07 Jan 2014 20:13:58 +0000 http://www.theinfostride.com/?p=8769 Global oil prices rebounded with solid gains on Tuesday as a cold snap in the United States boosted demand for heating fuel, analysts said. New York's main contract West Texas Intermediate for February delivery rose 73 cents to $94.16 a barrel. Brent…

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]]> US stocks lower after mediocre China data https://www.theinfostride.com/us-stocks-lower-after-mediocre-china-data/ Fri, 03 Jan 2014 23:50:27 +0000 http://www.theinfostride.com/?p=7819 US stocks on Thursday moved lower in the first trading session of 2014 following a mediocre report on Chinese manufacturing activity. About 30 minutes into trade, the Dow Jones Industrial Average fell 76.74 points (0.46 percent) to 16,499.92. The broad…

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]]> Tokyo’s Nikkei index soars 57% in 2013, best in four decades https://www.theinfostride.com/tokyos-nikkei-index-soars-57-in-2013-best-in-four-decades/ Mon, 30 Dec 2013 09:13:32 +0000 http://www.theinfostride.com/?p=6923 On the last trading day of the year, Japanese shares posted their best annual performance for more than four decades, leaving other major markets in the dust. Foreign investors piled into the long-laggard market in 2013 as the government and central…

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]]> Nigerian Stock Exchange market indicators increase by 0.94% https://www.theinfostride.com/nigerian-stock-exchange-market-indicators-increase-by-0-94/ Sun, 29 Dec 2013 00:47:34 +0000 http://www.theinfostride.com/?p=6812 Equity transactions on the Nigerian Stock Exchange (NSE) opened after the holiday on Friday in an upward trend with the market indices growing by 0.94 per cent. The News Agency of Nigeria (NAN) reports that the All-Shares Index rose by 373.43 points or 0.94 per cent to close higher at 40,231.68 against 39,858.25 achieved on [...]

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