Tue Mar 29, 2016/Reuters By Noel Randewich The S&P 500 lifted into positive territory on Tuesday after Federal Reserve Chair Janet Yellen said the central bank should proceed “cautiously” on raising interest rates – music to Wall Street’s ears. In her first comments since the Fed held steady on rates […]
Tag: Wall Street
Advanced Finance & Investment Group Names Stéphane Le Bouder New MD
By InvestAdvocate Lagos (INVESTADVOCATE)-One of Africa’s leading private equity firms, the Advanced Finance & Investment Group LLC (AFIG Funds) on Wednesday announced the promotion of Stéphane Le Bouder to managing director (MD). “Le Bouder, who joined AFIG Funds in 2013, brings a wide-ranging experience to the managing director role,” the […]
Dow closes positive for year as commodities rally, dollar dives
Thu March 17, 2016/Reuters By Laila Kearney Wall St moved higher on Thursday, pushing the Dow Jones industrial average into positive territory for the year, as commodity prices rose on the back of a weaker U.S. dollar to boost shares in the energy and materials sectors. The Dow’s move into […]