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Jason Coles

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    Avatar - Jason Coles
    Jason Coles
  • Avatar - Jason Coles
    Jason Coles
    flipped into Business
    Russia Will Lose $130 Billion As Capital Flees The Country

    Russia Will Lose $130 Billion As Capital Flees The Country

    About $130 billion in capital is likely to leave Russia by the end of 2014, Bloomberg reports, citing Finance Minister Anton Siluanov. If confirmed, the figure would mark the second-worst year for the country since the 2008 financial crash, in which $133 billion fled the country, and mark the …

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    Avatar - Forbes
    Avatar - Forbes

    Monday Sector Laggards: Energy, Services

    The worst performing sector as of midday Monday is the Energy sector, showing a 0.4% loss. Within that group, Halliburton (NYSE: HAL) and Denbury Resources (NYSE: DNR) are two large stocks that are lagging, showing a loss of 10.3% and 10.0%, respectively. Among energy ETFs, one ETF following the …