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Clint Eastwood Supports Republican Candidate Mitt Romney – (NWSA, DIS, TWX)

Clint Eastwood Supports Republican Candidate Mitt Romney – (NWSA, DIS, TWX)

August 6, 2012 at 1:08 pm 0 comments

Mitt Romney was endorsed by two celebrities earlier last week. On Friday, Clint Eastwood, star of such hit films as Dirty Harry, Unforgiven, Million Dollar Baby, and Gran Torino supported Romney. He explained his endorsement for the Republican nominee sayingRead More

Services Sector Maintains Growth In July Amid New Orders

Services Sector Maintains Growth In July Amid New Orders

August 6, 2012 at 1:01 pm 0 comments

The growth rate in the vast services sector slighly gained in last month as new orders advanced, but jobs declined to its worst level in about a year, according to a recently released industry report. The Institute for Supply ManagementRead More

North American Power And Utilities M&A Activity Falls Due To Economic Problems And Low Gas Prices – (EXC, DUK, SO)

North American Power And Utilities M&A Activity Falls Due To Economic Problems And Low Gas Prices – (EXC, DUK, SO)

August 6, 2012 at 12:53 pm 0 comments

North American power and utilities mergers and acquisitions (M&A) activity continued to fall in the first six months of 2012 with companies in the sector continuing to face doubts across the slow economic recovery, record low natural gas prices, pendingRead More

Indonesia Further Raises Industrial Output As Domestic Consumption Increases – (GE, PHM, BA)

Indonesia Further Raises Industrial Output As Domestic Consumption Increases – (GE, PHM, BA)

August 6, 2012 at 12:42 pm 0 comments

Indonesia has further increased its manufacturing activity in the second quarter as strong home demand compensated for weak foreign consumption, according to the most recent data released by the Central Statistics Agency (BPS). The level of output from the country’sRead More

South Korea’s Large Conglomerates Opposes Restrictions By The Democratic United Party – (DOW, CAT, UTX)

South Korea’s Large Conglomerates Opposes Restrictions By The Democratic United Party – (DOW, CAT, UTX)

August 6, 2012 at 12:28 pm 0 comments

South Korea’s main opposition Democratic United Party (DUP) said today it is going to take steps to raise tax rates for high-income earners and conglomerates in order to use the proceeds to boost welfare programs for the working class andRead More

Mitt Romney Comments Against New Stimulus Programs By The Fed And Congress – (BBT, HBAN, USB)

Mitt Romney Comments Against New Stimulus Programs By The Fed And Congress – (BBT, HBAN, USB)

August 6, 2012 at 12:14 pm 0 comments

Mitt Romney said in an interview to CNN on Sunday that he opposes any new spur programs by the U.S. Federal Reserve and Congress, while Democrats continued their call for the presumptive Republican presidential candidate to release his income taxRead More

The NY Department of Financial Services Has Sent Letters To 80 Life Insurers – (GNW, MET, LNC)

The NY Department of Financial Services Has Sent Letters To 80 Life Insurers – (GNW, MET, LNC)

August 6, 2012 at 11:30 am 0 comments

Life insurance companies are being investigated by New York State’s top financial regulator in order to see whether they are hiding details about their financial position by moving liabilities to related firms, according to the Wall Street Journal report. MarketRead More

S&P 500 On Track To Snap Four-Day Declining String; Citigroup Inc. (NYSE:C) And Morgan Stanley (NYSE:MS) Gains – C, IPG, MSFT

S&P 500 On Track To Snap Four-Day Declining String; Citigroup Inc. (NYSE:C) And Morgan Stanley (NYSE:MS) Gains – C, IPG, MSFT

August 3, 2012 at 5:37 pm 0 comments

U.S. stocks climbed to a top level in three months after positive data on domestic job growth and service-sector activity. The S&P 500 Index (INDEXSP:.INX) was up about 26 points, at last check, ranging between 1,365.45 – 1,392.02 and movingRead More

NASDAQ Leads: Facebook Inc (NASDAQ:FB) And Microsoft (NASDAQ:MSFT) To End Losing Streaks While Apple Inc. (NASDAQ:AAPL) Continues To Gain – FB, ONNN, CLWR

NASDAQ Leads: Facebook Inc (NASDAQ:FB) And Microsoft (NASDAQ:MSFT) To End Losing Streaks While Apple Inc. (NASDAQ:AAPL) Continues To Gain – FB, ONNN, CLWR

August 3, 2012 at 4:57 pm 0 comments

NASDAQ stocks gaining the most today with the NASDAQ Composite Index (INDEXNASDAQ:.IXIC) moved up about 2% Friday as investors welcomed a better-than-forecasted July employment report. The index’s gains are high versus two other key indexes. Both Blue Nile, Inc. (NASDAQ:NILE)Read More

Dow Marks Best Since May, On Track To End Four-Day Falling Streak

Dow Marks Best Since May, On Track To End Four-Day Falling Streak

August 3, 2012 at 4:29 pm 0 comments

The Dow Jones Industrial Average (INDEXDJX:.DJI) has gained over 200 points today, snapping four-day declining string. The rally led to hit its highest level since early May. U.S. stocks had declined the last four sessions as U.S. and European centralRead More