Monthly Archives:  May 2013

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• CC DAILY MARKET NEWS.

  Full Story | 31st May 2013
  Share markets were volatile today and although European shares dropped they remained on course for their 12th straight month of gains having outperformed other parts of the world in recent weeks.British travel firm TUI Travel .

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• MetLife Cuts 2,500 Advisors Seen Lacking Chance of Succes

  Full Story | 30th May 2013
  MetLife Inc., the largest U.S. life insurer, cut its advisor force by a third, eliminating 2,500 jobs as the company scales back variable annuity sales and turns to other nations for growth.MetLife has about 5,000 .

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• CC WEBTRADER DAILY NEWS ROUNDUP

  Full Story | 30th May 2013
  European stocks climbed today. Glencore Xstrata led mining companies higher as copper advanced in London. Pirelli gained over 3% as Goldman Sachs upgraded the shares. Alcoa, the largest U.S. aluminium producer, had its credit rating .

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• Apple CEO sees more `gamechangers`

  Full Story | 29th May 2013
  Apple Inc Chief Executive Tim Cook defended the company's record of innovation under his stewardship, saying he expected it would release "several more game changers" and hinting that wearable computers could be among them."It's an .

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• Record Cash Sent to Balanced Funds

  Full Story | 28th May 2013
  Investors are pumping record amounts of money into U.S. balanced funds, whose freedom to buy stocks and bonds made them barometers for gains in the biggest bull markets of the past half century.Managers led by .

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• Gold Bets Cut to Five-Year Low as Prices Whipsawed

  Full Story | 27th May 2013
  Hedge funds are the least bullish on gold in more than five years as speculation about the pace of money printing by central banks whipsawed prices, driving volatility to a 17-month high.Money managers cut their .

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• German Ifo Climate Rises for First Time in Three Months

  Full Story | 24th May 2013
  German business confidence increased in May for the first time in three months, adding to signs that growth in Europe’s largest economy is gathering pace.The Ifo institute’s business climate index, based on a survey of .

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• Microsoft Updates Xbox as Apple to Facebook Gain in Games

  Full Story | 20th May 2013
  Microsoft Corp. is revamping the Xbox to fend off a breed of competitors ranging from Apple Inc. to Facebook Inc. Those companies were nowhere in gaming when the software maker debuted its last version five .

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• Most European Stocks Advance Ryanair Rallies on Profit

  Full Story | 20th May 2013
  Most European stocks climbed, following four consecutive weeks of gains for the benchmark Stoxx Europe 600 Index. U.S. index futures were little changed, while Asian shares rallied.Ryanair Holdings Plc jumped the most in 15 weeks .

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• Dell Profit Missing Estimates Boosts CEO’s Buyout Plan

  Full Story | 17th May 2013
  Dell Inc. reported fiscal first-quarter profit that missed analysts’ estimates, underscoring the worsening outlook that led the company’s founder to seek a buyout designed to reinvigorate growth.Profit excluding some items fell to 21 cents a .