German CPI remains stable in November

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Source: Forexpros
© Scanpix/AFP

CPI in Germany remains stable in November, according to official preliminary data. Analysts expected CPI to increase by 0.1% in November. Yearly CPI rose to 2.4%, mainly in compliance with forecast after increasing to 2.5% in October, the German Federal Statistics Bureau reported.

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Mon, 28 Nov 2011 16:49:46 GMT

Canadian stocks inch higher

Canadian stocks increased on news about European agreement on the regional bailout that lifted investors' sentiment. Toronto's benchmark S&P/TSX Composite Index gained 267.23 points or 2.3%. The Canadian dollar was higher against USD by 1.1%. All stocks were mainly higher with the leading metal and mining stocks, surging by 5.8%.

Mon, 28 Nov 2011 16:48:29 GMT

Electronic Arts Inc. shares gained 6%

Electronic Arts Inc. shares advanced 6% in morning trading after Citigroup increased company's rating to buy from neutral. EA shares currently have high appeal after losing 17%; it seems to be a promising start for the company in pre-Christmas time, said Neil Doshi, Citigroup analyst. The target share price remained at $26 a share.

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