Eurozone Hit by Onerous Cyprus Bank Deposit Tax
Greek mythology once narrated the improbable love between the king of Cyprus and his mythical wife. King Pygmalion was said to have fallen in love with an ivory statue and prayed to the goddess…
Europe
EU Bans Animal Tested Cosmetics
The European Union has banned the sale of cosmetic products that contain ingredients tested on animals. This new measure revises a previous ban on animal-testing for finished cosmetic products…
Effects of Italian Politics on VIX, 3 Stocks to Watch
Markets reacted negatively to the uncertainty surrounding Italian elections on Monday. The S&P 500, Dow, and Nasdaq were all down around 1% at the close. The root of this decline…
Consumer Confidence is Up, Here Are 6 Undervalued Consumer Goods Stocks
This week, reports have been made indicating that consumer confidence has reached a 3-month high in the US and a 6-month high in Europe. Confidence was also up in Japan during…
Spain Punished by Markets as Catalonia Calls Snap Elections
As Spanish football giants F.C. Barcelona played their latest European Champions League game at home against Sparta Moscow, the 85,000 strong crowd in the stadium started singing for Catalan…
ECB Promises to Protect Eurozone at all Costs, Markets Rally Even Higher
All eyes were on Mario Draghi yesterday as he laid out his latest plan to fix the nearly three-year long European debt saga. Although the event was a regular European Central Bank (“ECB”) rate…
Zipcar Looks for New Landscape in Car Rental Industry
When Zipcar (ZIP) burst on the scene in 2006 it was cool, different, and began to redefine the way that many urbanites think about transportation necessities. When its initial public offering was…
A Closer Look at Kapitall's 10 Most Viewed Stocks
One of the great things about Kapitall.com, is the unique tool that allows the user to see what stocks other Kapitall users are most actively viewing and trading. The list is largely populated with…
Despite Bailouts, High Debt Levels Still Trouble for Spanish Banks
After months of serving as the economic whipping boy of Europe, Greece has some competition. As serious as the Greek’s problems are, they are one of the smallest countries on the continent and do…
Walgreens Takes Leap of Faith into Europe
Last week we brought you a list of American companies, specifically in the retail sector, that have little to no exposure to European markets. Because of this lack of exposure, these firms could be…
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