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Get the newest inventory market news and analysis from the ground of the New York Stock Exchange. Losses were capped on the again of shopping for in auto shares a day after Bajaj Auto reported highest ever quarterly profit. The S&P energy ETF (XLE -2.7{791cf634350853aa929d899ac26203c48570d222f34b0095e87afe5e9b20c495}) trails in at present’s sector standings as oil prices fell slightly after industry knowledge showed a shock enhance in U.S. crude inventories. Tudor additionally upgrades PBF Energy (PBF -2.9{791cf634350853aa929d899ac26203c48570d222f34b0095e87afe5e9b20c495}) to Hold from Sell while doubling the price target to $8 from $4, as “no name benefits extra from bettering market circumstances given its operational and financial leverage.”

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The Road to The Drachma

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So here we are looking at the economic and political fallout occurring in Greece, and we have to ask ourselves how are we going to pay the price? Because you know it’s just a question of “when” not “if” the Greek and Spanish governments will have to suffer the consequence for their fiscal incompetence and inability to make the right micro-economic decisions.
According to recent news you already have people standing in line and cashing out their money or at least starting to wake up and ask themselves the hard questions about their savings and future welfare. Needless to say we are talking about a vicious cycle where parents saving for their children will not be able to provide them with education or buy them cars. It goes without saying that people inability to buy these things will push the economy into a further recession and boost …

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Web syndication is a advertising strategy for web sites that equates to a proper or license to broadcast or distribute content material from one web site to another. “E” was formerly added to Nasdaq inventory symbols that had been delinquent in regulatory filings. However, the challenge with both WSJ and FT is that one gets only the headlines for free.

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  • Losses have been capped on the back of shopping for in auto shares a day after Bajaj Auto reported highest ever quarterly revenue.

Spot gold fell zero.three{791cf634350853aa929d899ac26203c48570d222f34b0095e87afe5e9b20c495} to $1,863.fifty six per ounce by 0233 GMT, retreating from its highest since Jan. eight hit on …