Gjeldskrisen i EU
The European Central Bank takes over as Europe's banking watchdog on Tuesday in a historic shake-up of the financial system aimed at preventing a repeat of the crisis that nearly led to the collapse of the euro.
NEW YORK (TheStreet) -- New York Community Bancorp reported favorable third-quarter earnings results on October 22. The company said it earned profits of more than $130 million, or 27 cents per share, exceeding analysts' estimates of 26 cents. Its revenue of $330.3 million also beat analysts' projections of approximately $327 million. Must Read: 10 Stocks Carl Icahn Loves in 2014 In an interview with TheStreet, New York Community Bancorp CEO Joseph Ficalora said his company's strong earnings reflect its disciplined approach to multi-family [...]
NEW YORK (TheStreet) -- U.S. stock markets closed far higher on Thursday as the Commerce Department said U.S. gross domestic product rose 3.5% in the third quarter. Strong earnings from Visa and MasterCard also drove equity markets. The Dow Jones Industrial Average closed 1.30% higher on Thursday, while the S&P 500 rose 0.62% and the Nasdaq turned higher for the day, rising 0.9%. Must Read: Warren Buffett's Top 10 Dividend Stocks Watch the video below for a closer look at how U.S. markets ended the trading day Thursday: GDP growth in [...]
Now that the has closed the chapter on quantitative easing, what comes next for the U.S. economy? The narrative, according to the Fed, is that its five-year asset-purchasing program helped the U.S. avoid further economic catastrophe in the aftermath of the 2008 financial crisis. But as the third phase of the Fed’s effort, or “QE3,” comes to an end, many economists fear the U.S.
Correction: This story was changed from an earlier version to indicate Gazprom owns 56% of energy company NIS in Serbia. KIEV, Ukraine (TheStreet) -- Over the past two decades, as Russia grew toaprovide more than one-third of the European Union's natural gas, state-controlledaOAO Gazprom has assembledaa network of holding companies, ownership stakes in energy and finance firms, and the support of friendly politicians across both continents that has allowed President Vladimir Putin to use the mammoth energy company's web of influence as a tool of [...]