Real estate business shows signs of revival in JaipurOctober 7th, 2009 JAIPUR - The festive season approaching, the real estate business shows signs of revival in Jaipur. The bankers' decision to reduce the rate of interest against the home loans appears to have triggered the turnaround.
Analyst lifts Zimmer rating on new product launches, expects implant market recovery in 2010September 21st, 2009 Zimmer rises following upgrade to 'Outperform'NEW YORK — Shares of Zimmer Holdings Inc. traded higher Monday after a Sanford Bernstein analyst upgraded the orthopedic implant maker, saying a series of new product launches should lead to a recovery in revenue and share price.
Stocks futures slip as investors' continue search for economic recovery signsSeptember 10th, 2009 Stock index futures point to lower openThe stock market appeared headed for a modestly lower open Thursday as investors looked for more evidence of an economic recovery. U.S. stock futures slipped even as European markets moved lower after prices surged in Asia.
With oil prices settling in, OPEC not expected to cut crude outputSeptember 6th, 2009 OPEC not likely to cut output at Vienna meetingVIENNA — With oil prices about where OPEC wants them and a modest economic upturn in the offing, the oil cartel isn't likely to tighten the taps when its leaders meet this week in Vienna. Prices have been hovering near $70 a barrel, and with returning growth expected to support demand, analysts don't expect the Organization of Petroleum Exporting Countries will feel any need to cut output targets.
US central bank sees economic recovery in coming monthsSeptember 2nd, 2009 WASHINGTON - The US Federal Reserve sees an end to the economic crisis in the second half of the year even as problems are expected to remain on the job market, according to minutes of the central bank's last meeting released Wednesday. Still the majority of the central bankers said at the Aug 11-12 meeting that they expected recovery to be slow and stressed that the economy was "still vulnerable to adverse shocks".
With market rally on hold, traders seek signs of actual economic growthAugust 30th, 2009 Investors hunting for signs of economic growthCHARLOTTE, N.C. — While investors go into the new week believing the economy is indeed emerging from recession, they still need to see more solid evidence of a rebound.
Dynegy rating cut, analyst says LS Power deal shows Midwest power market still on shaky groundAugust 11th, 2009 Ahead of the Bell: Analyst cuts Dynegy ratingNEW YORK — A decision by Dynegy Inc. to sell power to LS Power for cash and stock shows the that market recovery in the Midwest is unlikely in the near future, an analyst said Tuesday.
Stocks modestly lower ahead of upcoming Federal Reserve meeting, retailer earningsAugust 10th, 2009 Stocks modestly lower in early morning tradingNEW YORK —Stocks were trading modestly lower Monday morning as investors look this week to the retail sector and the Federal Reserve for signs of how the economy is faring. Overseas, Asian markets rose amid a positive report on Japanese machinery orders, a key indicator of corporate capital spending.
Mexican president sees signs of economic recoveryAugust 4th, 2009 MEXICO - Mexican President Felipe Calderon has said there were signs of recovery of the country's economy, and described the world economic crisis as a perfect storm, Prensa Latina reported Tuesday. Calderon made the comments Sunday and added that despite the fact that the economic crisis has led to a reduction in 10 percent of the gross domestic product, there are already some signs of recovery, such as the creation of 20,000 jobs in June.
US recession may be easing, but job market weakAugust 1st, 2009 WASHINGTON - The American economy may be heading out of the woods with new government numbers showing signs of easing recession laying the groundwork for growth in the months ahead. But the job market still remains weak with working people haunted by fear of layoffs.
Survey shows global consumer confidence improved in second quarterJuly 27th, 2009 Global consumer confidence improves in Q2LONDON — Consumer confidence around the world improved in the second quarter, according to a survey by researchers Nielsen, suggesting that the public is embracing the idea of a global economic recovery. The Nielsen Global Consumer Confidence Index rose to 82 in June, an increase of 5 points from March, spurred by renewed consumer optimism and stock market gains in emerging markets and key Asian countries.
Dell, CIT Group, Humana, CSX, Burger King are among big market movers TuesdayJuly 14th, 2009 Dell, CIT Group, Humana, CSX are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
CIT Group Inc., up 26 cents at $1.61
The top lender to small and mid-sized U.S. businesses may get an emergency lifeline from the federal government.
Early signs of recovery for Indian economy: MukherjeeJuly 14th, 2009 NEW DELHI - The Indian economy is showing some early signs of recovery and the government will ensure that its policies help nurse the country back to high growth path, Finance Minister Pranab Mukherjee said Tuesday. "There are some early indications of recovery," Mukherjee said during his reply to the debate on the national budget in the Lok Sabha, the lower house of parliament.
Survey: Economic sentiment improves in Germany, Europe's largest economyJune 16th, 2009 Survey: Economic sentiment improves in GermanyBERLIN — Economic confidence in Germany, Europe's largest economy, improved for an eighth straight month in June, with a recovery from recession expected to come around the end of the year, a closely watched survey showed Tuesday. The Mannheim-based Center for European Economic Research, known by its German initials ZEW, said its economic sentiment indicator rose by 13.7 points in June, to 44.8 points from 31.1 the previous month.
Global recovery is set to begin, says bank reportJune 16th, 2009 TORONTO - The worst is over for the global economy and a recovery is likely to begin later this year, says a bank report released here Monday. The global economic crisis has bottomed out and positive indicators have begun to emerge, said the report by the Royal Bank of Canada which is the top bank in the country.