Join today and you can easily save your favourite articles, join in the conversation and comment, plus select which news your want direct to your inbox. Capstone Turbine (NASDAQ: CPST ) unveils a plan to cut business expenses by 35% from Q1 2016 levels, with the aim of reducing breakeven revenue levels to ~$100M in annual revenue from $160M. Meanwhile, the benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) climbed 0.45 percent to 5,315.28 points. In line with the major stock indices in the Asia-Pacific region, Indonesia’s main index climbed although gains were limited as investors are concerned about failed discussions between the Greek government and its creditors in the Eurozone. The live DAX camera offers a real-time view on the big famous DAX chart at the trading hall. It also offers commentary, analyst actions and comments, stock alerts (highlighting trading opportunities), important general (non-financial) news and more.
As opposed to Jamie Dimon – who thinks the stock price of JPMorgan is high enough to maybe postpone buybacks in favor of a special dividend – Gerspach says there’s enough room between Citi’s share price and book value for repurchases to continue to make good sense.
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The company notes that it’s on track to open more than 5K stores in China by 2021 and expects that China will eventually be a bigger market than the U.S. The market has taken the sharper-than-expected slide in GDP in its stride, with miners and banks driving gains at noon. Dow Jones Energy Service reporters are posted at the key markets, production regions and trading centers, ready to bring energy professionals the latest news and data on oil, electricity and natural gas markets. Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Mining and energy stocks led the local share market down today as commodity prices fell ahead of tonight’s OPEC meeting. Our mission is simple, but not easy: report and explain the news impacting publicly traded companies. It covers the U.S. economy and all major bond markets, plus news on federal policies.
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