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Power Software Trading News
Dollar up versus yen after hitting 15-year low
NEW YORK (MarketWatch) -- The dollar recovered against the Japanese yen on Wednesday after touching a fresh-all time low against the currency in Asian trading hours as Japanese officials sounded a growing alarm about the state of the economy and the negative impact of the yen's rise. Versus the yen, the U.S dollar bought ¥83.90, up from ¥83.31 in late North American trading on Tuesday. The ...
Read more...European stocks lose ground in early trading
LONDON (MarketWatch) -- European stocks edged lower in early trading Tuesday, with U.K. bank Barclays in focus after it said Robert Diamond, the head of its investment banking arm, will become CEO of the entire group next year. Shares in Barclays dropped 1.4% in early trading as most banking stocks lost ground. Other stocks on the move included Air Berlin , which rose 1.7% in Frankfurt after ...
Read more...European shares edge lower, banks continue to fall
LONDON (MarketWatch) -- European stocks markets moved lower in early trading Wednesday, adding to the previous session's losses as bank stocks continued to lose ground. Barclays and Royal Bank of Scotland were both down 1.3% in London. Among other stocks in focus, Vodafone Group slipped 0.4% after announcing plans to sell its entire stake in China Mobile for around $6.6 billion. The U.K.'s FTSE ...
Read more...Oracle names ex-HP CEO Mark Hurd co-president
Oracle Corp. has hired former Hewlett-Packard Co. CEO Mark Hurd to help lead the database software maker in a pivotal moment in Oracle's 33-year history as it tries to muscle in on more of HP's turf.
Read more...Stock futures turn higher after Portugal auction
FRANKFURT (MarketWatch) -- U.S. stock futures reversed early losses to trade higher on Wednesday, as Portugal successfully conducted a bond auction, easing short-term concerns over euro-zone sovereign debt. Futures on the Dow Jones Industrial Average were recently up 22 points to 10,360 after trading down 25 points earlier. "Given that the markets are focused so much on fear at the moment, every ...
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