Amazon Planning To Acquire Goodreads

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Amazon Trading Up 259.010 USD per share, +0.576, +0.01% Without offering additional conditions or specifics, Amazon reported that it intends to acquire Goodreads, an e-reader system that contributes a social level to the experience. With 16 million users, Goodreads is a great investment for… Read More…

S&P 500 Nears Record High As U.S. Unemployment Decreases

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S&P 500 Trading Up Standard & Poor’s 500 Index has now reached a near record high as United States unemployment claims made an unexpected decline. Upon this new, the S&P 500 rose by 0.4 percent to 1,561.09. The Dow Jones rose along with the S&P, up by 0.5% – and… Read More…

Intel To Launch Internet TV

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Intel Trading Up Intel are planning to branch out and offer an internet television service.  It will sell its set top boxes directly to consumers. These plans will put Intel into direct competition with cable and satellite tv providers. Intel are currently trading up at 0.15% and can be traded… Read More…

US Heatwave Affects Wheat Prices

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Wheat Trading Up The USDA is intending to release three very important reports regarding the current state of the agricultural commodity figures. The first is the World Agricultural Supply and Demand Estimates which comes out once a month. Then there is the Quarterly Stocks Report which is only… Read More…

Aluminum Demand Increased In China

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Alcoa Trading Up Economic rebound in China will boost aluminum demand according Alcoa the largest producer in the US. He says that they expect demand to increase by 7% this year as spending in China is helping to push up their economy. Alcoa’s earnings report yesterday shows that they matched… Read More… 

Boeing Fire Causes Stock To Crash

Boeing Trading Down Chicago plane builders Boeing have had their excellent news and stock increase regarding conformation of large plane orders for 2013 effected today. This is after early morning reports in Boston that a fire is being investigated onboard a 787. The Boeing 787 has been plagued… Read More…

Apple iTV a reality?

Apple Trading Down Tech assets are an area to watch this week as the Consumer Electronics Show starts tomorrow. This is where all the top brands look to test their new gadgets with the markets. The event is being over shadowed by the talk of the “iTV” potentially going to be launched… Read More…

Ford and GM Racing Ahead

Ford and GM Trading Up Ford are are trading up today at 3.24% as the 2012 sales figures are still coming in and seem to be higher than expected. Their December estimations were that sales would be up around 1.2% however today their sales figures were 1.9% higher. Chrysler also released sales… Read More…

Fiscal Cliff Deal Pushes Markets Up

Indices Trading Up Sharp rises on the global stock markets are being seen today after the President Obama and the US government agreed a last minute deal to prevent a possible financial crisis or going over the fiscal cliff. Republicans in the House of Representatives fully accepted a compromise… Read More…

Amazon To Launch In China

Amazon Trading Down Amazon has today started to sell ebooks in China. The Chinese users can now download Kindle software onto their tablets and smart phones to buy books. This could be a sign that Amazon may be looking to launch the sale of their Kindle devices in China sometime in the near… Read More…