Despite Nvidias Rally, some say Stock is Actually Cheaper

NEW YORKSAN FRANCISCO, Reuters Even after Nvidia Corp39;s blistering rally in recent days, the chip developer39;s valuation has actually fallen, at least by one measure widely used by analysts and investors. The chip developer has risen more than 31 in the last three sessions including a 3 gain on Tuesday to 401.11. At one point during […]
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European Shares Touch TwoMonth Low on Dismal China Data

May 31 Reuters European shares hit an over twomonth low on Wednesday as weak economic data from China fuelled concerns about a global slowdown and countered optimism from signs of easing inflation in some of the major euro zone economies. The panEuropean STOXX 600 index fell 0.7 to hit its lowest level since March 31. The […]
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Miners, Energy Firms Drag FTSE 100 to TwoMonth Low

FTSE 100 down 0.7, FTSE 250 off 0.6 May 31 Reuters UK39;s resourceheavy FTSE 100 slid on Wednesday to a twomonth low, weighed down by commodity stocks as investors were worried that economic recovery in top consumer China might be stalling, while retailer WH Smith rose on a strong annual outlook. The internationallyfocused FTSE 100 dropped […]
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WE Soda to Sell Shares in Rare London IPO

LONDON, May 31 Reuters WE Soda, the world39;s largest producer of natural soda ash, said on Wednesday it planned to list shares on the London stock exchange, in a boost for Britain39;s flagging initial public offering IPO market. The UKbased company, which produces soda ash for a variety of uses including glass manufacturing, is considering […]
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