Bitcoin News: Projecting Next Price Rise For Bitcoins

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 the third consecutive week, with 73.8% of bitcoins traded over … Continue reading Bitcoin News: Projecting Next Price Rise For Bitcoins

STO Second Quarter Production Has Modest Rise

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 decline at Sangu, and deferred Carnarvon production due to poor … Continue reading STO Second Quarter Production Has Modest Rise

Morning Alert : Covidien plc (NYSE:COV), Banco Santander, S.A. (NYSE:SAN), Washington Prime Group Inc. (NYSE:WPG), Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT), Korn/Ferry International (NYSE:KFY)

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 margin is 14.50% and weekly performance is -1.82%. On last … Continue reading Morning Alert : Covidien plc (NYSE:COV), Banco Santander, S.A. (NYSE:SAN), Washington Prime Group Inc. (NYSE:WPG), Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT), Korn/Ferry International (NYSE:KFY)

Watch List : Alibaba Group Holding Ltd (NYSE:BABA), Hewlett-Packard Company (NYSE:HPQ), TD Ameritrade Holding Corporation (NYSE:AMTD), Bristol-Myers Squibb Company (NYSE:BMY), General Motors Company (NYSE:GM)

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 will have one board seat on the board of directors … Continue reading Watch List : Alibaba Group Holding Ltd (NYSE:BABA), Hewlett-Packard Company (NYSE:HPQ), TD Ameritrade Holding Corporation (NYSE:AMTD), Bristol-Myers Squibb Company (NYSE:BMY), General Motors Company (NYSE:GM)