FTSE 100 (UKX) Declines Sharply

FTSE 100 Declines Sharply

Recent reports have indicated that the Greek financial crisis and weak economic data in the US has caused the global markets to decline as metal prices faced a downturn and affected the mining industry. The FTSE 100 (UKX) also declined by 52.53 points as it closed with 5,690.02. Aside from the FTSE 100, the FTSE 250 also decreased by 86.2 points as it closed lower with 11,677.2. The FTSE Small Caps also weakened by 9.79 points as it closed with 3,273.34.

US Market Summary for December 14

General-Electric

Following acquisition news announced by General Electric Co (NYSE:GE) and Dell Inc (NASDAQ: Dell), the main indices in the United States ended the trading day with different results. Compellent Technologies, Inc (NYSE:CML) will be purchased by Dell Inc for around $960 million in cash. The sale is slated to be finalized near the start of [...]

Dividend Increase on Hold Following Tax Agreement

Dividend Increase Out On Hold Following Tax Agreement

The tax compromise agreement did not increase the most stable stocks which gives out dividends but investors are waiting for increased payouts on shares before long. Dividends Aristocrats Index of the S&P500 (INDEXSP:.INX) increase an average of $0.02 Since Monday but the dividend index did not increase much among forty companies in the S&P 500 [...]

US Stocks (DJI,INX,IXIC) Closed Mixed on Tuesday

The major U.S. equity indices closed mixed Tuesday after President Barack Obama and Republican leaders reached an agreement on tax cuts, as well as allowing for extra time for unemployment benefits. Oil prices reached above $90 per barrel for the first time in over two years, leading analysts to believe prices may hit above $100 [...]