Latest forex trading news – Dollar dives after weak data stir US recovery fears

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• Pioneer Food first-half earnings fall May 21, 2012
  JOHANNESBURG (Reuters) - South African Pioneer Food Group posted a 44 percent drop in first-half earnings on Monday, hit by costs related to an empowerment transaction and soft consumer spending. The group, which makes bread, breakfast cereal and juices, said diluted headline earnings per share for the six months to end-March totaled 129 cents from 231.4 cen […]
• MIDCAP-Singapore's Olam lags on earnings quality in consumer staples May 21, 2012
  Singapore's Olam International emerges as the worstperformer on earnings quality (EQ) among 15 companies in thecountry's consumer staples sector, Thomson Reuters StarMine datashows. The data includes firms covered by at least three analysts. The company fares badly with an EQ score of 2, suggestingpoor earnings sustainability. Since May 16, 11 out […]
• Nasdaq to revamp system after tech problems on Facebook IPO: WSJ May 21, 2012
  (Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook shares on Friday, the Wall Street Journal reported. Individual investors were left in the dark for hours on Friday about whether their buy and sell orders for Facebook sha […]
• Nasdaq to revamp system after tech problems on Facebook IPO: WSJ May 21, 2012
  (Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook shares on Friday, the Wall Street Journal reported. […]
• Reports: Nasdaq 'embarrassed' at Facebook delay May 20, 2012
  The CEO of the Nasdaq stock exchange says it is "humbly embarrassed" by its bungling of Facebook's hugely anticipated debut as a public company on Friday. […]
• Wall Street Week Ahead: Market is oversold, but major signs say "sell" May 20, 2012
  NEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the corporate earnings season drawing to an end and recent U.S. economic data raising doubts about the pace o […]
• Wall Street Week Ahead: Market is oversold, but major signs say "sell" May 20, 2012
  NEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. […]
• Facebook stock limps into Monday May 20, 2012
  Facebook resumes trading on Wall Street on Monday with shares being closely watched to see how well they stand on their own after stumbling out of the gate in a historic but lackluster debut. […]
• Small investors should not directly trade in equities: SEBI May 19, 2012
  New Delhi, May 19 (IANS) Small investors should not start trading directly in stock market as they don't have adequate resources to take informed decision, chairman of the Securities and Exchange Board of India (SEBI) U.K. Sinha said Saturday. […]
• Obama pledges tough enforcement of Wall Street reforms May 19, 2012
  President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. "We've got to finish the job of implementing this reform and putting these rules in place," Obama said in a weekly radio address th […]