U.S. stocks fell on their first day of trading in 2014 as investors booked profits in the wake of the S&P 500’s best yearly advance since 1997. Shares of Apple Inc (AAPL.O) fell 1.3 percent to $555.59, leading a decline in technology stocks, after Wells Fargo cut its rating on […]
Tag: Investors
Fiat shares jump on Chrysler merger deal
Fiat’s $4.35 billion deal to gain full control of Chrysler Group LLC sent its shares to a near 2-1/2-year high on Thursday, despite doubts over whether the Italian carmaker could use the merger to cut losses in Europe. Investors welcomed the deal struck by Chief Executive Sergio Marchionne, under which […]
Home prices post biggest annual rise in four years
Australian home prices continued their strong gains in December, leading to the biggest calendar year rise in four years. The RP Data-Rismark home value index shows capital city prices rose an average of 9.8 per cent last year, the biggest calendar year rise since 2009 when home values lifted 13.7 […]
