As markets staged a mini-revival after recent falls, financial companies were in the spotlight.
US stock markets staged a stunning recovery on Monday after plunging to dramatic lows earlier in the day as markets across the world went into meltdown over ongoing fears of a collapse in the Chinese economy.
As the markets staged a dramatic show in recent weeks, tourists congregated at the symbolic center of the financial universe, Wall Street, to gaze at and take pictures of its famous landmarks.
Global financial markets staged a relief rally at the end of a turbulent week yesterday on the back of hopes of further stimulus to come from the European Central Bank and a sense that fears about the oil price might prove overdone.
This week, however, contagion spread to another and even more alarming place: Italy.Starting on July 8th bond markets staged an unexpected buyers' strike, driving yields on Italian debt to their highest levels in a decade.
The discussions, after a day in which the Wall Street markets staged a record-setting rebound, revolved around using up to $250 billion of the program's $700 billion to pump money into the banks through government purchases of equity stakes.
But perhaps in Apple's natural history, the design phase too has been replaced by a new stage of corporate evolution: the marketing stage.
Prolia, known chemically as denosumab, had disappointing sales of just $10 million in osteoporosis, but the drug is still in its early marketing stage.
According to Global Advertising Strategies, a marketing consultancy, "brand wars" will break out in the next six months, as the communications technology in question, called "voice over internet protocol" (VOIP), moves "from the early adopter to an early majority market stage".
