The International Monetary Fund trimmed its forecasts for global output on Tuesday for the sixth time since early last year, saying stronger growth in most advanced economies would fail to make up for a more sluggish expansion in the developing world. Prospects for emerging markets, long the engine of the […]
Author: InvestAdvocate
Twitter gets ‘buy’ rating even before listing
Twitter Inc’s share price could almost double in its first year as a listed company, a brokerage firm said, issuing a “buy” rating on the stock even before the online messaging service goes public. SunTrust Robinson Humphrey analyst Robert Peck, the first to rate the stock, suggested Twitter could float […]
Monetary tightening more likely than easing – CBN
The Central Bank of Nigeria is more likely to tighten monetary policy than ease it in the months ahead, the Governor, CBN, Mr. Lamido Sanusi, has said. “We’re likely to remain where we are but if we’re going to move at all, we’re more likely to tighten than to ease,†[…]
