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Gulf stocks rebound, oil climbs on dovish Fed statement

2015-03-20 03:14:55| Chemicals - Topix.net

DUBAI: Gulf stock markets rebounded Thursday after a dovish statement from the U.S. Federal Reserve lifted oil prices and sparked a rally in global equities, but food maker Savola Group weighed on Saudi Arabia after a profit warning. Oil prices jumped Wednesday after the Federal Reserve indicated it would raise U.S. interest rates more slowly than previously thought, overshadowing data showing U.S. crude inventories at a record level.

Tags: statement oil fed stocks

 

DSW Q4 profit climbs on traffic gains

2015-03-18 11:03:00| Daily apparel & textile news and comment - from just-style.com

US footwear and accessories retailer DSW has booked an increase in fourth-quarter earnings and sales thanks to traffic gains in both store and digital channels.

Tags: traffic profit gains climbs

 
 

Despite Head-Scratching Upgrade, Union Pacific Climbs Higher

2015-03-17 07:33:29| Railroads - Topix.net

The last time I wrote about Union Pacific , I stated, "I will continue to remain long the stock but won't be buying any shares unless an ex-dividend date approaches or if the stock dips to below the $106 level." After writing the article, the stock dropped 1.4% versus the 1.32% drop the S&P 500 posted.

Tags: higher union pacific upgrade

 

CSC Buyout Speculation Heats Up As Stock Climbs 7 Percent

2015-02-24 00:57:21| IT Services - Topix.net

Once again, reports have emerged surrounding Computer Sciences Corp. weighing its buyout options, causing the company's stock to climb 7 percent Monday. The stock price closed on Friday at $66.93 and jumped nearly 10 points over the weekend, opening at $71.50 Monday morning in reaction to the report.

Tags: stock percent speculation csc

 

CSC Buyout Speculation Heats Up As Stock Climbs 7 Percent

2015-02-24 00:57:20| IT Services - Topix.net

Once again, reports have emerged surrounding Computer Sciences Corp. weighing its buyout options, causing the company's stock to climb 7 percent Monday. The stock price closed on Friday at $66.93 and jumped nearly 10 points over the weekend, opening at $71.50 Monday morning in reaction to the report.

Tags: stock percent speculation csc

 

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