Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
By Chuck Mikolajczak
NEW YORK | Sat Sep 10, 2011 12:55am EDT
NEW YORK (Reuters) – Investors will grapple with more turbulence surrounding Europe’s deepening debt problems next week and the prospect of another round of dismal data on the faltering U.S. economy.
More volatility is almost guaranteed after [...]
Thailand’s economy released today its report to show the gross domestic product (GDP) in Thailand for the second quarter of the year, where the Thai economy expanded more than analysts’ expectations as exports increased, helping the recovery to rebound, and facing the political turmoil impact during April and May.
The Thailand’s annualized gross domestic product inclined [...]
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 [...]
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 [...]
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.
Deals | Hot Stocks
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
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, [...]
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.
[...]
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 [...]
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 [...]
.
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.
.
for their own benefit — and traditional activities, [...]