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United States Oil Fund (USO) Technical Analysis: Short-Term Strength Interrupts Intermediate Downtrend

United States Oil Fund (USO) Technical Analysis: Short-Term Strength Interrupts Intermediate Downtrend

In light of what technicals point toward, Bidness Etc believes that investors should accumulate United States Oil Fund LP (ETF) (NYSEARCA:USO) shares on the current weakness, and expect disturbed selling at price levels of $19.81 and $18.21. The exchange traded-fund, which tracks the movement of crude oil prices in the […]

Dollar Tree Profit Misses Expectations Even with Boost in Sales

Dollar Tree Profit Misses Expectations Even with Boost in Sales

Dollar Tree said its profit for the latest quarter was down as the discount retailer is working to integrate a recently acquired competitor, though that acquisition added a more than two-fold increase in revenue. The company based in Chesapeake Virginia completed its acquisition of $9 billion of Family Dollar last […]

Deutsche Bank Cutting Thousands Of Jobs To Save Money (NYSE: DB)

Deutsche Bank Cutting Thousands Of Jobs To Save Money (NYSE: DB)

Deutsche Bank has announced that it would be eliminating up to 35,000 jobs over the next two years as part of its new strategy to improve its returns. The job cuts would be realized through the selling off of businesses and internal eliminations. The company currently has about 100,000 full-time […]

US Futures Higher As Central Bankers Retreat To Jackson Hole

US Futures Higher As Central Bankers Retreat To Jackson Hole

US markets this week will be looking toward the keynote speech from Federal Reserve chief Janet Yellen and European Central Bank (ECB) chief Mario Draghi, as bankers retreat to Jackson Hole, WY. Central bankers from around the world will convene at the mountainous retreat to discuss policy that could set […]

Durable Goods in U.S. Dropped 1.3%

Durable Goods in U.S. Dropped 1.3%

Orders to companies in the U.S. for long term manufactured goods dropped for the second straight month, while a critical category that signals the investment plans for business dropped by its biggest number in the past eight months. However, analysts view the declines as only temporary, and believe they will […]

Crowdfunding – The New Way To Raise Capital

Crowdfunding – The New Way To Raise Capital

Although the crowdfunding industry is still considered to be in its infancy, it has observed impressive growth. Various crowdfunding portals across the globe raised a total $5.1 billion in 2013 for different ventures, as compared to $1.5 billion in 2011. This year, the figure is expected to nearly double to […]

Wall Street Earnings Up while S&P Posts Top Weekly Advance

Wall Street Earnings Up while S&P Posts Top Weekly Advance

USA, New York, Wallstreet, BörseWall Street earnings were up in Friday’s trading but the S&P 500 posted its best weekly advance in two years. Gains from companies like Microsoft and Procter & Gamble helped boost US shares but also declining concerns about the deadly Ebola virus spreading. From its low […]

Revenue Surges as Retail and Cloud Businesses Rule at Amazon

Revenue Surges as Retail and Cloud Businesses Rule at Amazon

Amazon.com Inc.’s cloud computing and retail sales increased during its first quarter coming in slightly above expectations on Wall Street and sending shares at the company to a new record high in afterhours extended trading. The largest online retailer in the world said Thursday that net sales increased 23% to […]