FOREXLEARNING

Stocks shaky on more bad news from the US… »

More US data means more bad news as of late. Yesterday the initial claims data show another increase, this time to 472k, while the ISM dived to 56,4 pts., far deeper than the market anticipated While the first reflects a tendency evident from the start of this year, the latter confirms a deterioration in economic [...]

Amid missteps, retailers eye more assortment cuts »

LAS VEGAS (Reuters) – Retailers strive for the perfect mix of products that will boost sales and keep costs down — but the experience of some, including Wal-Mart Stores Inc (WMT.N), in pruning merchandise shows that getting the recipe just right, can be tricky business.

More than 40 percent of retailers reduced the number of different [...]

Goldman warns of more litigation, investigations »

NEW YORK (Reuters) – Goldman Sachs Group Inc, facing fraud charges from U.S. securities regulators, on Monday warned that more litigation and investigations could be coming.

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Goldman, in a quarterly regulatory filing, said it faces a number of probes and reviews, which could be damaging to Wall Street’s most influential firm.

It said it anticipates additional [...]

FedEx profit more than doubles, tops expectations »

FedEx profit more than doubles, tops expectations
FDX.N
) raised its outlook and posted sharply higher profit, but its shares fell as its domestic volume numbers disappointed investors’ hopes for a U.S. economic recovery.
Profit for its fiscal third quarter ended Feb 28 was $239 million, or 76 cents per share, up from $97 million, [...]

Stocks rise on the promise of more cheap money »

Federal Reserve Chairman Ben Bernanke reassured lawmakers interest rates will remain low, driving stocks higher on Wednesday as investors welcomed the promise of more cheap money.
Banks, which have benefited from borrowing rates at historic lows, led the market higher. Bank of America (
BAC.N
) was the Dow’s biggest percentage gainer, rising 2.45 percent.
[...]

BofA approved more than $4 billion for 2009 pay: report »

NEW YORK (Reuters) – Bank of America Corp has approved more than $4 billion in 2009 pay for its investment bankers and traders, according to the Wall Street Journal.
The payout is about 19 percent of the $23 billion in revenue the company made from its investment banking and capital markets divisions, according to the [...]

GBPUSD squeezes higher to resistance level. 1.6182 comes more into focus »

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

Dow plunges more than 200 points for second straight day (AFP) »

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slumped 216.90 points (2.09 percent) to 10,172.98, posting its third straight session of triple digit losses and its biggest weekly drop since February 2009.
tumbled 60.14 points (2.67 percent) to 2,205.29 and the Standard & Poor's 500 index dropped 24.72 points (2.21 percent) to 1,091.76.
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for their own benefit — and traditional activities, [...]

Buffet’s share split may tempt more small investors »

NEW YORK (Reuters) – Warren Buffett’s move to split Berkshire Hathaway Inc Class B shares will tempt smaller investors to buy into the once high-priced stock and could lead to its eventual inclusion in the S&P 500 index.
Shareholders of Berkshire, the Omaha, Nebraska-based insurance and investment company, approved on Wednesday a 50-for-1 split of [...]

Hesitant Wall Street looks for more recovery evidence (AFP) »

, hesitant about the pace of recovery, gets a fresh batch of corporate earnings and economic data in the coming week that may help set the tone for a skittish market.
in the economic recovery and mixed signals from earnings and economic data, analysts said.
The market opens a holiday-shortened week Tuesday after the Martin [...]