Hyundai and Kia shares take a plunge in South Korea over misquoting fuel efficiency of its vehicles


The shares of Hyundai and Kia Motors have taken a hit following controversy over the misquoting of their fuel efficiency figures to the consumers. Both the companies have however said that they are going to compensate their consumers for the losses that they may have incurred over misquote. Going by the estimates of payouts thatContinue reading “Hyundai and Kia shares take a plunge in South Korea over misquoting fuel efficiency of its vehicles”

Moody’s chief economist calls Sandy storm as one of the most economically damaging in US history


Chief economist at Moody’s, Mark Zandi has termed the Superstorm Sandy as to be most economically wrecking in US history. The bill assigned to the destruction in US caused by Sandy is an astounding US$50Bn. Katrina, 9/11 and Hurricane Andrew are the only other disasters to have taken place in the past that caused economicContinue reading “Moody’s chief economist calls Sandy storm as one of the most economically damaging in US history”

Right before the quarterly financial results, technical analysis suggests, Apple’s shares may fall further


Apple may continue be the preferred choice for the elite consumer, yet on the stock markets front, analysts are of the view that the brand is going to face a tough time just before its financial results are set to be released on 25th October, 2012. These stock market experts take their cues from technicalContinue reading “Right before the quarterly financial results, technical analysis suggests, Apple’s shares may fall further”