Cisco’s latest earnings topped analysts’ estimates, but profit margins disappointed investors, and the stock plunged 15%. CEO John Chambers insists it’s only temporary and that better days are coming. So far, though, nobody is …
The fabled New York Stock Exchange isn’t what it used to be. Today’s NYSE Euronext has lost a huge volume of trading to upstart computerized exchanges in recent years, and scandals have tarnished its luster. Now, Germany’s Deut…
Wheat prices reached their highest prices in more than two years after a United Nations agency warned that China may face a wheat-supply shortage because of a recent drought, The Wall Street Journal reported.
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Sugar prices hit three-decade highs of almost 36 cent a pound Wednesday due to the anticipated effects of the monstrous category 5 cyclone that just hit Australia, the world’s third-largest sugar producer, which was already suf…
Impressive earnings reports for blue chip U.S. companies and a rise in U.S. manufacturing data bolstered markets across Asia.
Continue reading Asian Markets Follow U.S. Earnings Higher
Asian Mark…