123jump.com Staff
30 Nov, -0001
New York City
Existing-home sales surpassed market expectations and reached another record in June as low mortgage interest rates drove June sales to 7.33 million homes and median home price rose to $216,000 from $209,000.Asian benchmarks closed mostly higher. Japan
123jump.com Staff
30 Nov, -0001
New York City
Existing-home sales surpassed market expectations and reached another record in June as low mortgage interest rates drove June sales to 7.33 million homes and median home price rose to $216,000 from $209,000.Asian benchmarks closed mostly higher. Japan
123jump.com Staff
30 Nov, -0001
New York City
Existing-home sales surpassed market expectations and reached another record in June as low mortgage interest rates drove June sales to 7.33 million homes and median home price rose to $216,000 from $209,000.Asian benchmarks closed mostly higher. Japan
albena
30 Nov, -0001
New York City
Futures were down in early trading, pointing to a lower opening for stocks, in a week that expects to receive earnings reports from nearly 30% of the S&P's 500 companies. Rising oil and the possibility of more earnings in the red might discourage traders from buying. On Friday government is expected to report the economy slowed in 2Q. Europe's No.1 mobile phone company Vodafone said Monday that it signed up 4.1 million users in 1Q, topping views and up 35% vs. a year ago.
123jump.com Staff
30 Nov, -0001
New York City
As words on British police investigation filter out, increasingly the police investigation appears to be going nowhere and the vaunted Scotland Yard looks desperate, incompetent, and disorganized. British media is also not willing to ask relevant questions and demand appropriate response from the government and police.
albena
30 Nov, -0001
New York City
There are six deals on this week
123jump.com Staff
30 Nov, -0001
New York City
The young 'Asian man' killed in London subway station at a point blank range by police had nothing to do with the London bombings. In fact he was Brazilian student. The Police Commissioner had asserted that he was 'directly lilnked' to the bombings. The office of the Prime Minister will not answer questions related to the fatal shooting and police will not apologize for the bias against Asian community.
123jump.com Staff
30 Nov, -0001
New York City
With 40% of S&P 500 companies reporting earnings for the second quarter so far, earnings growth for the quarter is better than 10% compared to 25% a year ago. Of the reported earnings, 72% of the companies are beating the estimates, a widest measure since the first quarter 2004.
123jump.com Staff
30 Nov, -0001
New York City
The initial impressions from the flood of earnings from large and small cap companies, tech and consumer products companies and job reductions from some of the largest companies such as Eastman Kodak, Hewlett Packard, Kimberly Clark and IBM led market adrift. Google, Microsoft, Maytag, Whirlpool failed to impress the market.
albena
30 Nov, -0001
New York City
With a flood of earnings, the situation in London and the mixed results from Microsoft and Google, investors had a lot to digest Friday morning. The rise in crude oil also frustrated early trading. Helped by a rise in oil prices and strong results from Halliburton and Schlumberger, energy sector is among the best performers on the day. Stronger earnings drove Broadcom high.
albena
30 Nov, -0001
New York City
U.S. major averages opened slightly higher, after improving throughout the morning amid mixed news from Microsoft and Google. The rise in crude oil futures also frustrated early trading. The weaker dollar and the continuing worries over the terror attacks in London gave oil prices a speculative lift. August gold pulled back after a nearly $4 gain in the previous session. Energy stocks move to the upside, lifted by Halliburton and Schlumberger.
123jump.com Staff
30 Nov, -0001
New York City
U.S. stocks extended their losses after the news that China would have its currency, the yuan, pegged to a basket of currencies rather than just tied to the greenback. It also vaulted the yuan 2% higher vs. the dollar. Greenspan repeated that growth was solid and interest rates will keep rising. Metals and Mining stocks rise in an otherwise broad weakness in the market. After the bell Google reports earnings of $1.19 jump of 400% on revenue increase of 98% from a year ago in the 2Q.
albena
30 Nov, -0001
New York City
U.S. stocks extended their losses after the news that China would have the yuan pegged to a basket of currencies rather than just tied to the greenback. It also vaulted the yuan 2% higher vs. the dollar. According to a number of reports, London police have responded to small blasts at 3 subway stations and also to some events related to buses. Greenspan repeated that economy growth was solid and interest rates will keep rising.
albena
30 Nov, -0001
New York City
China would have its currency, the yuan, pegged to a basket of currencies rather than just tied to the greenback. It also vaulted the yuan 2% higher vs. the dollar. This surprising move could hit the profits of companies that source heavily from China. According to a number of reports, London police have responded to small blasts at 3 subway stations and also to some events related to buses.
albena
30 Nov, -0001
New York City
U.S. stock futures are mixed early Thursday morning, with investors waiting to see if the earnings news will continue the rally from the last several days. eBay's strong quarterly earnings could give a boost to tech stocks early Thursday and more earnings releases are expected five Dow components - McDonald's, Coca-Cola, Merck, SBC and Caterpillar. After the bell Microsoft and Google are set to report results.
