The dollar rose against major currencies on Monday as growing concern Washington would fail to reach a last-minute deal to avert the “fiscal cliff” drove investors to the safe-haven U.S. currency. U.S. Senate Majority Leader Harry Reid said on Monday, ahead of a midnight deadline, that congressional negotiators still needed […]
Author: InvestAdvocate
JPMorgan Strategist’s Areas of Strength for 2013
Although the first half of 2013 promises to be tricky for the stock market, a few sectors show relative strength, JPMorgan (JPM) Chief U.S. Equity Strategist Thomas Lee said Monday. “We think overall it’s going to be a pretty good year for markets because, you know, we’re in the fifth […]
Fitch, GCR Assign UBA Positive Ratings
The United Bank for Africa (UBA) Plc has said it was given impressive ratings by two leading rating agencies- Global Credit Rating Company (GCR) and Fitch Ratings (Fitch). A statement from the bank at the weekend said the ratings attested to the group’s strong liquidity, solid risk management and robust […]
