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'Golden cross' for stocks doesn't always glitter

58 mins ago DieselGasoil Comments Off on 'Golden cross' for stocks doesn't always glitter
NEW YORK (Reuters) – The Dow Jones Industrial Average triggered a technical signal on Tuesday that many investors believe could portend more gains for stocks in the short term, known as the golden cross. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. Read More

'No-one is breaking out the champagne': emerging markets investors treading carefully

2 hours ago DieselGasoil Comments Off on 'No-one is breaking out the champagne': emerging markets investors treading carefully
LONDON (Reuters) – After plowing billions into emerging market equities since October, investors have started to show signs of hesitation, but an uptick in earnings expectations should reassure those hoping to capitalize on stronger economic growth in the emerging world. FILE PHOTO: A man is seen in front of an electronic board showing stock information Read More

FedEx outlook weighs on Wall St. ahead of Fed policy decision

2 hours ago DieselGasoil Comments Off on FedEx outlook weighs on Wall St. ahead of Fed policy decision
(Reuters) – U.S. stocks fell on Wednesday after economic bellwether FedEx Corp’s downbeat profit outlook raised concerns about global growth, while investors waited for more clarity on the Federal Reserve’s interest rate forecasts for the rest of the year. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Foxconn Ventures sells $398.4 million in Alibaba stock: sources

4 hours ago DieselGasoil Comments Off on Foxconn Ventures sells $398.4 million in Alibaba stock: sources
The logo of Alibaba Group is seen inside DingTalk office, an offshoot of Alibaba Group Holding Ltd, in Hangzhou, Zhejiang province, China July 20, 2018. Picture taken July 20, 2018. REUTERS/Aly Song (Reuters) – Foxconn Ventures Holdco has sold $398.4 million worth of Alibaba Group Holding Ltd’s shares, in a block trade in the open Read More

Longest stocks rally of the year stumbles ahead of Fed

5 hours ago DieselGasoil Comments Off on Longest stocks rally of the year stumbles ahead of Fed
LONDON (Reuters) – World shares’ longest rally of the year looked set to stumble on Wednesday as investors took profits before a U.S. Federal Reserve’s policy decision, which is expected to offer clues to interest rate prospects for the coming year. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Wall Street set for muted open as investors await Fed outlook

5 hours ago DieselGasoil Comments Off on Wall Street set for muted open as investors await Fed outlook
(Reuters) – Wall Street’s main indexes were set to eke out gains at open on Wednesday, as investors cautiously waited for more clarity on the Federal Reserve’s monetary policy outlook for the year, while trade worries still lingered. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Bayer stock sinks after court rules weed killer it bought from Monsanto caused cancer

5 hours ago DieselGasoil Comments Off on Bayer stock sinks after court rules weed killer it bought from Monsanto caused cancer
Bayer shares plunged more than 12 percent after a second US jury ruled that glyphosate-based Roundup weed killer causes cancer. It was a huge blow to the German Pharmaceutical giant which bought US agrochemical firm Monsanto. The stock drop during Wednesday morning trading on the Frankfurt exchange wiped out almost $8 billion from Bayer’s market Read More

World shares face end to winning streak as Fed looms

7 hours ago DieselGasoil Comments Off on World shares face end to winning streak as Fed looms
LONDON (Reuters) – World shares faced an end to their longest winning streak of the year as investors took profits on Wednesday before the U.S. Federal Reserve’s policy decision, seen as offering clues to interest rate prospects over the coming year. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Standard Lithium Engages WorleyParsons’ Advisian for Preliminary Economic Assessment of Its Southern Arkansas Project

10 hours ago DieselGasoil Comments Off on Standard Lithium Engages WorleyParsons’ Advisian for Preliminary Economic Assessment of Its Southern Arkansas Project
VANCOUVER, British Columbia, March 20, 2019 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L), is pleased to announce that it has engaged Advisian, the consulting arm of WorleyParsons Canada Services Ltd (WorleyParsons) to complete a Preliminary Economic Assessment (PEA) of its flagship 150,000 acre project in Read More

Tencent Music hits low pitch after first earnings report exposes costs

13 hours ago DieselGasoil Comments Off on Tencent Music hits low pitch after first earnings report exposes costs
BEIJING (Reuters) – Chinese streaming firm Tencent Music Entertainment Group delivered its first earnings report as a public company, meeting market expectations but exposing soaring license and content production costs which pulled its shares down 6 percent. Tencent Music Entertainment company is seen officially listed on the floor of the New York Stock Exchange (NYSE) Read More