Sectors
Lufthansa CEO Says No For Any Italian Deal; Wants To Focus On Air Berlin Deal
Lufthansa’s Chief Executive Officer confirmed that the carrier is not interested to enter into an investment deal with Italy in connection with the speculations of a possible investment in Alitalia since the company is currently focusing on talks with Etihad for its deal with Air Berlin.
Energy And Utilities Comes Short Being Wednesday Laggards
With a 2.1% loss, the shares of Energy companies are underperforming other sectors as of midday of Wednesday. Showing a 5.4% and 5.2% of loss, the Pioneer Natural Resources Co (Symbol: PXD) and ONEOK Inc. (Symbol: OKE), respectively, are among the large stocks which are lagging.
Consumer Products, Healthcare Leads The Tuesday Sectors
The growing demand for Consumer Products, Healthcare sectors to lead for Tuesday. Each day, millions of people of all ages in homes around the world use products from one or more of our consumer health care companies.
UK Stocks Could Plummet At 80% - Hedge Fund Manager Odey
Crispin Odey is a London-based hedge fund manager. His main hedge fund has lost about 43 percent this year. He says that U.K. stocks could crash 80 percent as the economy is shaken by a recession and greater inflation after the vote to quit the European Union.