“They do not have a moat, switching brokers is easy. They have a lot of research tools but I don’t think the research tools are much of a differentator [sic]. Electronic brokerage is strictly a commodity business.”

Everyone loves a winner. It’s reasonable to assume, then, that everyone hates a loser. via The Motley Fool

Original post by The Motley Fool

“It was a real jaw-dropper of a day. I think the market was expecting hawkish report from the Bank of Canada, but they really let it out”

The Canadian dollar charged to a new 29-1/2 year high on Tuesday, while bonds sank, as the Bank of Canada left interest rates unchanged but signaled it could raise rates in the near future. via Globeinvestor.com

Original post by Globeinvestor.com

London’s blue-chips have fallen more than 1% after concerns over the Chinese stock market sparked a sell-off.

The losses were triggered by sharp falls in Chinese exchanges after the government imposed a tax on stock trades in an effort to cool the booming market.

The fears took the shine off positive Wall Street trading overnight and the London market extended losses from earlier in the session with the FTSE 100 Index down 66.9 points at 6539.6 by mid-morning.

Among a handful of companies in positive territory on Wednesday investors took refuge in property firms to see out the storm. Read more

Original post by The Press Association

“BMC has developed BSM into a locomotive that is now in a position to pull the whole IT management software train of associated monitoring and IT management technologies.”

Posted on May 29th, 2007 with stocks: BMC TRANSCRIPT SPONSOR BMC Software, Inc. F4Q07 Earnings Call May 29, 2007 5:00 pm ET Executives Derrick Vializ - Investor Relations Robert E. Beauchamp - President, Chief … via Seeking Alpha

Original post by Seeking Alpha

“There are many parts to the decline in housing that have yet to play out”

Floridians soured on the economy in May, while, nationwide, consumer views perked up unexpectedly. via Florida Today

Original post by Florida Today

In short, the Foreign Exchange Market is the market where currencies are traded. But it is a little more complex than that. Similar to the stock market, you can trade options, derivatives, and the like. Unlike the stock market, …

Original post by Eric

“The bounceback in confidence was due primarily to a more upbeat assessment of present-day business conditions”

US shares were higher in morning trading after a monthly survey revealed a surprise rebound in consumer confidence and as deal-making optimism remained upbeat, traders said. via News.com.au

Original post by News.com.au