The past weekend rounded up the recent trend of brutally high-volume selling on Chinese bitcoin exchanges. On 28th September, bitcoin dropped to a new five-month low of $372.35. The previous record low for Coindesk’s Bitcoin Price Index (BPI), is the six-month bottom reached on 10th April at $360.84. Meanwhile, trading volumes touched historical highs for…
Santos’s second-quarter production rose 2% to 12.4 million barrels of oil equivalent (mmboe), marginally below expectations, and full-year 2013 production guidance has been reduced by 3% to between 52 and 55 mmboe. The decline reflects deferred oil and gas production from Chim Sao in Vietnam due to power system constraints, steeper than- expected natural field…
Covidien plc (NYSE:COV) has earned a consensus recommendation of “Hold” from the nineteen ratings firms that are presently covering the company, Analyst Ratings.Net reports. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Covidien plc (NYSE:COV) belongs to Healthcare sector. Its net profit…
Alibaba Group (NYSE:BABA) announced that Taobao (China) Software Co., Ltd., a subsidiary of Alibaba Group, has agreed to invest RMB2.81 billion in Beijing Shiji Information Technology Co. Ltd (Shiji Information) (Shenzhen Stock Exchange stock code: 002153), a China-based hotel information technology provider, in return for a 15% stake. After completion of the transaction, Alibaba Group…
Shares of IAMGOLD Corp (NYSE:IAG) have received a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the stock, StockRatingsNetwork.com reports. Four investment analysts have rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. IAMGOLD Corp. (NYSE:IAG) belongs to Basic Materials sector. Its…
On Sept. 19The Home Depot, Inc. (NYSE:HD) has eliminated the malware infection that compromised some 56 million payment cards and has completed new point-of-sale encryption installation at all of its stores in the U.S. and Canada, the world’s largest home improvement retailer said in a Sept. 18 statement. The Home Depot, Inc. (NYSE:HD) belongs to…
