by | Dec 2, 2010 | Towing
The European Central Bank left interest rates unchanged for a 20th straight month.
Officials at the ECB in Frankfurt left the benchmark lending rate unchanged at 1%, Bloomberg News reported. The move was widely forecast by analyst and economists.
A…
by | Dec 1, 2010 | Towing
With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it’s taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in i…
by | Dec 1, 2010 | Towing
With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it’s taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in i…
by | Nov 29, 2010 | Towing
Given all that transpired globally over the Thanksgiving weekend, the idea of holding risky assets like stocks should give investors heartburn. Perhaps a strong Black Friday weekend and holiday selling season will draw traders’…
by | Nov 26, 2010 | Towing
One thing investors are probably thankful for is that this holiday-shortened trading week is finally over. The U.S. stock market logged just a half day Friday but not before posting more deep and broad-based losses, as European sovereign debt fears con…