Posts

Showing posts with the label Financial And Forex Info News | Reuters Daily Investor Update

Financial & Forex Info News | Reuters Daily Investor Update: Wall Street falls on sovereign fears

Image
LATEST NEWS Wall Street falls on sovereign fears NEW YORK (Reuters) - Wall Street fell more than 1 percent on Monday as sovereign debt fears on both sides of the Atlantic and China's monetary tightening hurt the outlook for global economic growth. | Full Article S&P threatens to cut U.S. credit rating on deficit April 18, 2011 04:25 PM ET NEW YORK (Reuters) - Standard & Poor's threatened to downgrade the United States' prized AAA credit rating on Monday unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years. | Full Article Citi profit falls as revenue shrinks, expenses surge April 18, 2011 01:26 PM ET NEW YORK (Reuters) - Citigroup Inc's first-quarter profit fell 32 percent as shrinking loans and poor trading results pressured revenue while expenses surged. | Full Article Texas Instruments Q1 revenue and profit rise April 18, 201

Financial & Forex Info News | Reuters Dayly Investor Update: S&P hovers near resistance but weak volume persists

Image
LATEST NEWS S&P hovers near resistance but weak volume persists NEW YORK (Reuters) - The S&P 500 failed to break a key technical resistance level for a second day on Tuesday as low trading volume raised further questions about the market's strength. | Full Article Minutes show Fed split over timing of policy exit April 05, 2011 04:20 PM ET WASHINGTON (Reuters) - Divisions at the U.S. Federal Reserve over how soon to reverse course on monetary policy emerged more clearly last month, although the central bank appeared intent to complete a $600 billion bond-buying plan. | Full Article Late Easter, gas prices hit U.S. store sales April 05, 2011 02:40 PM ET CHICAGO (Reuters) - March sales at U.S. retail chains probably dropped modestly, held back by the combination of a later Easter and higher gasoline prices. | Full Article Obama warns shutdown would hurt economy April 05, 2011 03:34 PM ET WASHINGT

Financial And Forex Info News: Reuters Daily Investor Update: BP partners Reliance in $7.2 billion Indian oil hunt.

Image
REUTERS LATEST NEWS BP partners Reliance in $7.2 billion Indian oil hunt LONDON/NEW DELHI (Reuters) - BP lined up one of the biggest foreign direct investments in India to date with a $7.2 billion tie-up with the country's Reliance Industries to explore for deepwater oil and gas. | Full Article Blockbuster initiates sale process February 21, 2011 04:31 PM ET BANGALORE (Reuters) - Blockbuster Inc , , which filed for bankruptcy last year, said it has started the process to sell itself and has entered into a "stalking horse" asset purchase deal with investor group Cobalt Video Holdco for $290 million. | Full Article Libya turmoil prompts oil surge, hits equities February 21, 2011 12:30 PM ET LONDON (Reuters) - Oil prices charged to fresh 2-1/2 year highs on Monday as traders reacted to increasing violence in major producer Libya, which fed investor fears about rising inflation and unsettled other markets. | Full Ar

Financial & Forex Info News:Wall Street edges up, slack volume points to top | Reuters Daily Investor Update

Image
REUTERS Wall Street edges up, slack volume points to top NEW YORK (Reuters) - Energy and commodity shares lifted Wall Street to modest gains on Monday, but the lowest volume so far this year indicated the equity rally may be near a top. | Full Article Obama budget attacks deficit, fight looming February 14, 2011 04:26 PM ET WASHINGTON (Reuters) - President Barack Obama on Monday pledged to halve the U.S. deficit by 2013 and axe $1.1 trillion over a decade through spending cuts and tax increases in a budget he called a "downpayment" on fiscal control. | Full Article D.Boerse, NYSE dodge issues to seal deal outline February 14, 2011 04:15 PM ET NEW YORK/FRANKFURT (Reuters) - Deutsche Boerse and NYSE Euronext have an agreement in principle on broad outlines of a merger, but the exchanges are set to side-step thorny political issues when their boards vote on Tuesday, three sources familiar with the plan said. | Full Articl

Financial & Forex IInfo News | Reuters Daily Investor Update: Stocks Gains on Earnings

  FINANCIAL & FOREX INFO NEWS FROM:   REUTERS - DAILY INVESTOR UPDATE LATEST NEWS Stocks gains on earnings NEW YORK (Reuters) - Stocks rose on Monday on strong earnings and signs of a strengthening economy, even as a surge in the price of oil highlighted the potential for increased political risk in the Middle East to upset markets. | Full Article Intel discovers chip flaw in midst of major launch January 31, 2011 04:07 PM ET SAN FRANCISCO (Reuters) - Intel Corp found a defect in one of its chips, hurting its credibility during a major product launch and at a time when demand for microprocessors in PCs is being threatened. | Full Article Exxon shares rise as profit tops Street view January 31, 2011 03:40 PM ET HOUSTON (Reuters) - Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit, helped by a lower tax rate and a surge in natural gas production in Qatar and the United States. | Full Article

Tech earnings keep Wall Street advance alive | Financial & Forex Info News | Reuters - Daily Investor Update

Image
FINANCIAL & FOREX INFO NEWS FROM:   REUTERS - DAILY INVESTOR UPDATE LATEST NEWS Tech earnings keep Wall Street advance alive NEW YORK (Reuters) - Strong corporate earnings led Wall Street to a 29-month closing high for a second day on Thursday, but another run of big gains may be harder to achieve. | Full Article Microsoft profit falls as PC sales sputter January 27, 2011 04:02 PM ET SEATTLE (Reuters) - Microsoft Corp's quarterly profit fell slightly as the world's largest software maker was hit by slower-than expected growth in computer sales. | Full Article Mixed data points to growth momentum January 27, 2011 02:06 PM ET WASHINGTON (Reuters) - U.S. housing and factory data on Thursday showed the economy still gaining strength in December but at a pace unlikely to cause the Federal Reserve to rethink its stimulus program. | Full Article Amazon revenue misses, shares plunge January 27, 2011 04:27 PM ET SAN FRANCISC

Stingy shoppers whack Woolies | Financial & Forex Info News | The Australian Business Briefing.

Image
FINANCIAL & FOREX INFO NEWS US stocks jump as Alcoa, Intel fire up Donna Kardos Yesalavich WALL Street jumped today on rising optimism for US earnings results and an expected pro-business State of the Union address by Barack Obama.   Stingy shoppers whack Woolies Nabila Ahmed WOOLWORTHS boss Michael Luscombe says it could take six months for consumer spending to return to normal.   Chevron signs LNG deal with Kyushu Andrew Burrell CHEVRON has signed a multi-billion-dollar binding contract with Japan's Kyushu Electric to supply LNG from its $43 billion Gorgon projects.   Copper rallies, tin hits record COPPER rose for a second consecutive day and tin prices notched a record high today as supply-side constraints reinforced a bullish outlook.   No bid to rival Rio, says Riversdale Sarah-Jane Tasker TAKEOVER target Riversdale Mining has revealed it has not been approached by rival bidders to trump Rio Ti

Stock futures extend fall on Jobs announcement | Financial And Forex Info News | Reuters Daily Investor Update

Image
Financial & Forex Info News From : Reuters - Daily Investor Update LATEST NEWS Stock futures extend fall on Jobs announcement LONDON (Reuters) - Stock index futures extended their fall on Monday, pulled lower by Apple Inc after the company's CEO Steve Jobs said the company's board had granted him leave to concentrate on his health. | Full Article Goldman to exclude U.S. from Facebook placement January 17, 2011 04:30 PM ET NEW YORK (Reuters) - Goldman Sachs said it will limit its private placement of shares of social networking site Facebook to investors outside the United States, citing "intense media coverage," according to the investment bank. | Full Article Apple's Jobs takes 3rd medical leave, stock slumps January 17, 2011 04:33 PM ET SAN FRANCISCO/LONDON (Reuters) - Apple Inc Chief Executive Steve Jobs is taking medical leave for the third time since 2004, sending its shares tumbling more than 8 percen

Banks lead Wall Street up, appetite for equities rises | Financial & Forex Info News | Reuters - Daily Investor Update

Image
Financial & Forex Info News From :  REUTERS LATEST NEWS Banks lead Wall Street up, appetite for equities rises NEW YORK (Reuters) - Stocks ended solidly higher on Wednesday after European debt fears eased and sparked a broad advance, led by banks and commodity-related shares. | Full Article Fed says economy, jobs outlook improving January 12, 2011 03:02 PM ET WASHINGTON (Reuters) - The U.S. economy strengthened as the year drew to a close, according to a report from the Federal Reserve on Wednesday that cited rising employment levels across the country. | Full Article Treasury's Geithner says China needs faster yuan rise January 12, 2011 04:11 PM ET WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Wednesday that China needs to raise the value of the yuan more quickly and faster progress could pave the way for greater access to U.S. high-tech goods. | Full Article Banks to meet in NYC Thurs

Dow, SP slip on weak retail shares. Financial And Forex Info News | Reuters Daily Investor Update

Financial And Forex Info News From: Reuters Daily Investor Update LATEST NEWS Dow, SP slip on weak retail shares NEW YORK (Reuters) - Stocks slipped on Thursday as soft retail sales and a sharp rise in the dollar left investors edgy a day ahead of December's employment report. | Full Article December retail sales show shoppers still wary January 06, 2011 02:56 PM ET NEW YORK (Reuters) - Any lingering notion that Americans are back to their free-spending ways was debunked on Thursday as many mainstream retailers reported disappointing December sales. | Full Article Geithner presses Republicans to lift U.S. debt limit January 06, 2011 02:20 PM ET WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Thursday stepped up pressure on Republican lawmakers to raise the nation's $14.3 trillion debt limit, warning failure to act would lead to an economic catastrophe. | Full Article Jobless claims up, underlying trend st