Tag Archives: Greece

Crude prices drop on delayed Iranian crude embargo and cut to French credit rating

Oil futures fell slightly on Friday after Eurozone officials said that an embargo on Iranian crude import may be delayed by up to six months. The news sent crude prices to a three-week low after the officials said that the …

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Euro drops as turbulent year draws to an end

Continued concern over the European debt crisis and its strain on economic growth dragged the euro to below 100 yen for the first time since June 2001.

The turbulent year for the 17 nation currency has lead it to become …

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Big time losers and the reasons why (ING, HDY, STEC)

In this report: ING Group (NYSE:ING), HyperDynamics (NYSE:HDY) and Stec inc. (NASDAQ:STEC).

Stec inc. (NASDAQ:STEC) has dropped by more than 15 percent today after the company reported a 65 percent drop in third quarter profits. The company seen a net …

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What the fuss Baker Hughes, ING Group and NN Inc.?

In this report: Baker Hughes (NYSE:BHI), ING Group (NYSE:ING) and NN Inc. (NASDAQ:NNBR).

Baker Hughes (NYSE:BHI) is trading over 7 percent lower today after the company reported weaker than expected earnings in its third quarter despite nearly tripling earnings and …

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Oil drops to lowest level in over a year as Greek default concerns continue

Oil prices sank to their lowest level in more than a year today on continued concerns over the Greek default situation which has lead to slowdown in economies worldwide and a drop in fuel consumption.

WTI Crude fell by over …

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Gold drops as Euro zone takes steps to contain spread of debt crisis

Gold feel by more than 2.2 percent today to mark the fifth time in six sessions that the precious metal has dropped. The latest selloff comes ahead of a meeting between a group of experts from the European Commission, European …

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