For day traders, German index is overnight sensation
Article Abstract:
Though the trend in buying and selling securities online has declined since its heyday in the late 1990s, day traders feel they have found a new mecca for making quick profits from buying and selling stocks on the Eurex, a new electronic exchange based in Frankfurt, Germany. Traders around the world are now wagering on the DAX, an index of German blue-chip stocks that offers rapid price swings, hours suited to nighttime trading, and low account-minimum requirements.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Drug stocks wait in wings
Article Abstract:
Securities analysts are beginning to promote investment in the pharmaceutical industry regardless of the fact that the industry is currently facing poor prospects for growth due to such factors as a lag in drug development and the gaining strength of generic drugs. Price/earnings multiples at many pharmaceutical companies are similar to the ratios for companies with lower growth potentials, they argue, making pharmaceutical investments worth the risk.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Buybacks aid Europe's stocks
Article Abstract:
European companies are increasingly buying back their own shares instead of investing in the market. Though such activity used to be viewed by investors as a sign that a company lacked an acquisition strategy, it is now seen as a solid decision regarding corporate cash flows. European buyback yield has more than doubled for 2004 so far.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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