Asian stock markets rise modestly as investors eye company earnings; oil above $70October 8th, 2009 Asia stocks rise modestly as company earnings eyedHONG KONG — Asian stock markets were modestly higher as investors eyed earnings from major companies for clues about the health of the global economy. The moderate advance came after a mixed finish on Wall Street, where traders were reluctant to place major bets ahead of quarterly reports from U.S.
Asian stock markets advance as investors eye company earnings; crude oil above $71October 8th, 2009 Asian markets advance as company earnings eyed
HONG KONG — World stock markets gained more ground Thursday as investors awaited decisions on interest rates from Europe's two leading central banks and eyed company earnings for clues about the health of the global economy. The dollar, meanwhile, continued tanking against major currencies, helping push commodities prices, which are priced in greenbacks, even higher.
Australia's unemployment rate drops; dollar rises to 14-month highOctober 7th, 2009 Australian jobless rate posts surprising dropCANBERRA, Australia — Australia's unemployment rate surprisingly dropped to 5.7 percent in September, the government said Thursday, news that caused the Australian dollar to surge to a 14-month high. Economists had forecast a rise to 6 percent, but the Australian Bureau of Statistics said 40,600 new jobs were created last month.
TD Bank experiences transaction posting delay after combining systems with Commerce BankSeptember 30th, 2009 TD Bank experiences transaction posting delaySAN FRANCISCO — Some TD Bank customers cannot see up-to-date account information due to a glitch related to its combination with New Jersey-based Commerce Bank. TD Bank spokeswoman Rebecca Acevedo said Wednesday that the bank is experiencing an overnight transaction posting delay.
Asian markets narrowly higher amid optimism region is leading global recoverySeptember 22nd, 2009 Asian markets higher amid recovery optimismHONG KONG — Asian stock markets were narrowly higher Tuesday amid optimism the region's economies can help lead a global recovery. Most markets gained in lackluster trade, with Japan and a couple other countries' bourses closed for holidays.
US stocks post gains on back of financialsAugust 14th, 2009 NEW YORK - US stocks rose Thursday led by the banking sector and sweeping aside reports of a decline in retail sales. The bank rally was spurred after the firm of a prominent hedge fund investor, John Paulson, bought shares in troubled Bank of America Corp and Regions Financial Corp.
Big improvement in US output decline dulls dollar luster; big drops vs European currenciesJuly 31st, 2009 Dollar slides sharply as GDP decline moderatesNEW YORK — The dollar closed the week out lower as a report showed the decline in U.S. economic output was vastly improved in the second quarter.
Dollar rebounds off year low vs euro, ends mostly higher as consumer confidence dropsJuly 28th, 2009 Dollar gains on euro as consumer confidence dropsNEW YORK — The dollar rebounded in late trading Tuesday from a year low against the euro overnight as a measure of U.S. consumer confidence fell, distressing investors.
Global recovery has begun, says Bank of CanadaJuly 22nd, 2009 TORONTO - The Bank of Canada, the central bank of the most robust of the G8 economies, has said that global recovery from the financial crisis has begun. In its economic outlook report released Tuesday, the bank said: "There are now increasing signs that economic activity has begun to expand in many countries in response to monetary and fiscal policy stimulus and measures to stabilize the global financial system.
VF says it continues to expect revenue to decline in 2009, due to weak economy, strong dollarJuly 22nd, 2009 VF reiterates 2009 guidanceGREENSBORO, N.C. — Apparel maker VF Corp.
Dollar higher as Bernanke says Fed will be able to unwind stimulus to prevent inflationJuly 21st, 2009 Dollar edges up on Bernanke commentsNEW YORK — The dollar edged higher Tuesday after Federal Reserve Chairman Ben Bernanke assured investors that the central bank will be able to reel in its economic stimulus and prevent a flare up of inflation once a recovery is firmly rooted. The 16-nation euro slipped to $1.4195 from $1.4221 late Monday after trading near seven-month highs against the dollar as optimism about corporate earnings have fueled investors' appetite for risk.
Ruble jumps as fresh Russian statistics show rise in capital investment, real incomeJuly 20th, 2009 Ruble up as data indicate Russian recession easesMOSCOW — Russia's ruble rose sharply Monday against the dollar, spurred by higher oil prices and upbeat data suggesting the country may be past the fiercest phase of its recession. The ruble was up 3.2 percent against the dollar in afternoon trading before closing 1.9 percent up, at 31.2 rubles on the MICEX exchange.
Home Depot says its full-year earnings may come in better than previously forecastJune 10th, 2009 Home Depot raises full-year earnings expectationsATLANTA — Home Depot, the nation's largest home improvement retailer, anticipates its full-year earnings may now come in better than previously forecast. The move comes a few weeks after smaller rival Lowe's Cos.
Canada keeps interest rate at record low, warns of rising Canadian dollarJune 4th, 2009 Canada keeps interest rate at record lowTORONTO — Canada's central bank is keeping its trendsetting interest rate unchanged at a historic low of 0.25 percent and says the rise of the Canadian dollar is threatening the country's economic recovery. The Bank of Canada reiterated Thursday its conditional commitment to hold the rate at a record low through June 2010.
Gold prices drop 2 percent as dollar gains ground against other currenciesJune 3rd, 2009 Gold prices fall sharply as dollar reboundsNEW YORK — Gold prices have fallen sharply as the dollar rebounds against the euro and the British pound. The dollar's gains come ahead of Thursday's interest rate decisions from the European Central Bank and the Bank of England.
October 15th, 2009 at 10:24 am
CBS is a sell! They are giving Redstone 12.00 and marketing the stock up to 12.60 plus. Share holder will get the bad end of this deal. Redstone is selling because this is about the high he can get for the stock