Tag Archives: Congress

What the fuss First Solar, STMicroelectronics and Coach?

In this report: First Solar (NASDAQ:FSLR), STMicroelectronics N.V. (NYSE:STM) and  Coach (NYSE:COH).

First Solar (NASDAQ:FSLR) has plummeted more than 24 percent today after it was announced that it Chief Executive Officer Rob Gillette has stepped down from his position in …

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Oil prices close up after Fed says they have the tools to stimulate the economy

The price of Oil rose after the Federal Reserve’s Chairman Ben Bernanke stated that growth in the economy will resume and that the central bank had the tools nessecary to stimulate the economy in the U.S.

Oil price fell by …

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U.S. retreats after Bernanke speech

The U.S. Dollar dropped on friday following Ben Bernanke’s speech in Jackson Hole, Wyoming.

The Chairman of The Federal Reserve did not offer any new stimulus package to boost the economy like many economists had speculated he might but he …

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Fed tell Congress that new stimulus package is not in effect, dollar strengthens

Ben Bernanke’s comments to Congress on thursday regarding a third round of bond buying to support the economy helped boost investors confidence into buying the dollar and pushing its higher against the euro.

The Euro has faced a tough week …

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Federal Reserve preparing a new stimulus package to boost US economy

Ben Bernanke, Chairman of the Federal Reserve, told Congress on wednesday that they are planning a new stimulus package to bolster the economy that will entail additional asset purchase.

The decision by the Federal Reserve has been prompted by the …

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Gold hits record high, Silver at highest level in March 09

Gold futures hit a record high of $1,588.90 an ounce on thursday after investors turned to the safe haven metal following a drop in the dollar and continued woes surrounding the European debt crisis. Silver also hit its highest point …

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