Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
A look at economic developments around the globe (AP) »
fluctuated. In Europe, the FTSE-100 index of leading British shares held its last full session of the year, slipped 0.73 percent to 5,397.86. In
, the
retreated from its 2009 high reached Tuesday, falling 0.62 percent to 3,935.50 while in Germany, the DAX slid 0.9 percent to 5,957.43. European markets mostly shrugged off reports of [...]
Jobless claims hit 17-month low »
WASHINGTON (Reuters) – The number of U.S. workers filing new applications for jobless benefits unexpectedly fell last week to the lowest level in about 17 months, suggesting the economy might be on the cusp of creating jobs.
While some analysts cautioned that a holiday-shortened week may have kept some unemployed workers from filing for benefits, [...]
German Prices to Accelerate in December »
Tue, Dec 29 2009, 08:40 GMT
by ecPulse.com analysis team
The German economy, after leaving the recession officially in the third quarter and causing the euro zone to mitigate the pace of contraction in the second quarter while grow in the third quarter, seems to want tocontinue the progress in the last quarter [...]
Pfizer shares fall after Prevnar FDA delay »
NEW YORK (Reuters) – Pfizer Inc shares fell 1 percent on Thursday after it said a U.S. decision on whether to approve the company’s new version of its big-selling Prevnar vaccine that fights pneumonia and meningitis would push past the deadline.
The delay on action for Prevnar 13 marked the second setback this week for [...]
$EURUSD boosted overnight and holding support. So watch support for trading clues. »
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Strong Holiday Sales Boosted Optimism but USD’s Rebound Should Limit Commodities’ Gain »
Tue, Dec 29 2009, 04:58 GMT
Crude oil rose to 1-month high at 79.12 before closing at 78.77, up +0.9%, Monday. The 4-day rally is the longest winning streak for the black gold since October. Robust retail sales during holidays, anticipated strong economic growth in China and re-emerged tension in Iran spurred [...]
USD lower pressured by improving risk appetite »
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Watch What We Do, Not What We Say »
Watch What We Do, Not What We Say
Wed, Dec 30 2009, 08:28 GMT
Pay attention to the bond market. The ten year Treasury closed at 3.80% on Friday. It has gained 0.65% since November 27th. The yield curve difference between the two and ten year Treasury notes is the steepest on record. [...]
ConAgra sues Dean Foods over Swiss Miss trademark »
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), saying the dairy processor’s Swiss Premium teas infringe its trademark for Swiss Miss hot cocoa products.
In a December 24 lawsuit filed in the Omaha, Nebraska, federal court, ConAgra said Dean’s use on labels of the word “Swiss,” a snowy white-and-blue mountain scene, and a particular font are likely to confuse shoppers [...]
Wall Street dips, but eyes best year since 2003 »
Wall Street dips, but eyes best year since 2003
NEW YORK (Reuters) – Stocks dipped on Thursday despite data showing that the number of people filing for jobless benefits fell to the lowest level in about 17 months, with indexes on track for the best yearly gains since 2003.
Initial jobless claims fell by 22,000 [...]