Author Archives: DF Markets

IBM Sales Tanking, Visa shares up by 6%

Pictured: 3 Visa cards

IBM stock tumbled nearly 6% Tuesday after the tech giant reported that sales declined for the thirteenth quarter straight.

The poor quarterly results, along with a bad report from aerospace company United Technologies, sent ripples across Wall Street. The Dow Jones Industrial Average declined 181 points, or 1%, to 17,919 points.

Read more


DF Markets Economic Calendar

Monday July 20, 2015

Wholesale Trade m/m – CAD – 1:30 pm GMT

The Wholesale Trade measures the change in the total value of sales at the wholesale level, and Canada seems to be doing quite well in this department: the values for this indicator have been increasing since March 2015. Last month’s prediction was 0.3% and the actual (1.9%) – much higher. Since the Wholesale Trade is the leading indicator of consumer spending, retailers are expected to order more goods from wholesalers as they expect consumer sales to increase.

Read more

1 80 81 82 83 84