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Showing posts from July 18, 2014

European Markets at Close Report - July 18, 2014: European stocks fall; RBS, Volvo among decliners Russia’s MICEX slides after renewed tensions with Ukraine.

By  Sara Sjolin , MarketWatch LONDON (MarketWatch) — European stock markets traded broadly lower on Friday, spurred by geopolitical concerns after a Malaysia Airlines jet was shot down over Ukraine and Israel sent ground troops into Gaza. The Stoxx Europe 600 index  XX:SXXP   -0.09%   lost 0.2% to 338.92, adding to a 0.9% decline from Thursday. On the week, the benchmark was on track for a 0.6% advance. Russia’s MICEX index  dropped 2% to 1,412.11, on track for a fifth straight day in the red.  Read: Russian stocks slide after MH17 crash The losses came after a Malaysia Airlines  MY:MAS   -11.11%   passenger jet en route to Kuala Lumpur from Amsterdam was  downed over eastern Ukraine by a surface-to-air missile on Thursday , killing all everyone on board. Both Ukraine and Russia deny responsibility and blame each other for the tragedy. U.S. intelligence agencies were divided over whether the missile was launched by the Russian military or the militants, but an official s

GATA | THE GATA DISPATCH - July 18, 2014: Alasdair Macleod: BIS seems to be edging away from dollar and toward gold.

Alasdair Macleod: BIS seems to be edging away from dollar and toward gold  Friday, July 18, 2014.   ET  Friday, July 18, 2014 A recent interview with the general manager of the Bank for International Settlements, Jaime Caruana, suggests that the bank is edging away from Keynesianism, monetarism, and the U.S. dollar and becoming more partial to gold as the base of the international monetary order, GoldMoney research director Alasdair Macleod writes today. "Even though central bankers in the political firing line only know expansionary monetary policies," Macleod writes, "it is clear that influential opinion in many quarters is building against them. It is too early to talk of a new monetary regime, but not too early to talk of the current one's demise." Macleod's commentary is titled "Monetary Discord" and it's posted at GoldMoney here: research/analysis/monetary- discord?gmrefcode=ga... CHRIS POWEL

Bits | The Business of Technology - July 18, 2014: Google's Earnings Highlight Its Struggle With Mobile Advertising

Technology  |   Business Day   |   Personal Tech Friday, July 18, 2014 For the latest updates, go to » Morning Report Google's Earnings Highlight Its Struggle With Mobile Advertising   |   In the court of Internet advertising, sometimes it's hard to be the king,  Mike Isaac reports . Long the reigning champion of online search advertising, Google faces a persistent headache: Consumers are increasingly moving from desktop computers to smartphones and tablets, where the desktop advertising formats of old are not as alluring because of the screen-size restrictions of mobile. And as mobile ads increasingly become a larger part of its business, Google is less able to charge the same premiums that it has for its lucrative desktop ad business. Thursday's  earnings release for the second quarter, which ended in June, provided more evidence of this problem. The price that advertisers pay each time someone clicks on an ad - or

Reuters | Deals Today - July 18, 2014: Murdoch's tenacity is the trade in Time Warner-Fox face-off

Murdoch's tenacity is the trade in Time Warner-Fox face-off NEW YORK (Reuters) - Many investors say the best trading strategy around a potential takeover of Time Warner Inc by Twenty-First Century Fox is to wager that media baron Rupert Murdoch will pay up to get what he wants. The trick is that it may be too late to place the obvious bets. Murdoch is pouncing on Time Warner while rivals are distracted NEW YORK (Reuters) - Rupert Murdoch looks to have been canny in his $80 billion takeover approach to Time Warner Inc, cornering the media giant at a time when potential "white knight" bidders are busy absorbing their own large deals. CBS CEO says he will look at CNN if it goes up for sale LOS ANGELES (Reuters) - CBS Corp Chief Executive Officer Leslie Moonves said  on Thursday  the media company would take a look at Time Warner Inc's cable news network CNN if it goes up for sale as part of a merger with Rupert