US Federal Reserve decided not to immediately hike interest rates, surprising many who had expected to see rate moving up in the world’s top economy after several years.
The Federal Reserve’s decision on Thursday to keep short-term rates steady sparked the latest round of selling. “What struck me about [the Fed’s statement] was the reference to what was going on globally”.
Analysts at Robert W. Baird lowered their price target on shares of FedEx (NYSE:FDX) from $200.00 to $195.00 in a report issued on Friday, StockTargetPrices.com reports.
The U.S. Federal Reserve will not raise interest rates this week, Turkey’s Economy Minister Nihat Zeybekci predicted Monday. That announcement could feature the first interest rate hike since 2006 and put an end to almost seven years of near-zero percent interest rates.
ASIA’S DAY: The Shanghai Composite Index posted its first gain in six days, bouncing back from losses that triggered worldwide selling and wiped almost 23 percent off its value over the past week.
ATVI is up over 7% after-hours, but I would not chase this move. The company’s stock had a trading volume of 8,077,574 shares. Activision Blizzard, Inc most recently reported earnings per share of $0.11 for the quarter ending on 2014-12-31. The bar has been raised for...
North American stock markets seesawed once again on Wednesday as investors couldn’t decide whether to be encouraged by China’s recent move to stimulate its economy or anxious that Beijing thinks it needs stimulus in the first place.