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Overview: Risk appetite grows on hope for US
Expectations that the US economy is close to bottoming helps equities extend their winning run, credit spreads narrow and oil reach a four-month high
Financial Times

China Armco Metals, Inc. : China Armco Metals Reports Financial Results for the Full Year of 2008
SAN MATEO, CA (MARKET WIRE) China Armco Metals, Inc. (OTCBB: CNAM), a distributor of imported metal ore and a growing scrap metal recycler, today announced the Company's financial results for the year ended December 31, 2008.
Market Wire

New Zealand Trade Balance Soars on 11.6% Decline in Imports
New Zealand's trade balance in February improved substantially from that which was expected. The figure jumped to 489.0 million from an expected 75.0 million...
Daily FX

New Zealand GDP, Trade Blance Better Than Expected
N.Z. GDP for 2008 -1.9% N.Z. Q4 GDP -0.9% Trade Balance 489M from expected 75M N.Z. Imports fall to 2.97B from an expected 3.3B N.Z. Exports rise to 3.46...
Daily FX

Synnex 1Q profit rises 16 pct, tops expecations
FREMONT, Calif. (AP) - Business services provider Synnex Corp. said Thursday its fiscal first-quarter earnings rose 16 percent from a year earlier, beating Wall Street's expectations despite a slight drop in revenue.
AOL

Wall St jumps on economy bets, Best Buy optimism
NEW YORK (Reuters) - Stocks rose on Thursday as investors bet the U.S. economic downturn may be easing following reports on fourth-quarter economic growth and weekly jobless claims that landed roughly in line with expectations.
Reuters

ConAgra Q3 net down, profit from cont. ops rises; reaffirms FY09 EPS view - Update
Thursday, packaged food company ConAgra Foods, Inc. said third-quarter net income declined from last year, reflecting a 99% plunge in earnings from discontinued commodity trading operations. However, profit from continuing operations increased from the year-ago period, helped by sales growth at its Consumer Foods segment. Further, the company reaffirmed its expectations for fiscal 2009 earnings per share from continuing operations.
RTT News

Sprott profit falls 26 per cent as assets tumble
Toronto-based investment fund company's profit of $20.4-million missed analyst expectations
The Globe and Mail

Arbitrage opportunity increases China's aluminum imports
Aluminum's fundamentals remain dire, despite the upswing in Chinese Imports. Imports in the country are rising due to an arbitrage opportunity as Shanghai Futures Exchange aluminum is selling at a premium of $400-$500 per tonne on the London Metal Exchange.
Aluminum Investing News

European shares, oil firm on growth view
LONDON (Reuters) - European shares rose for a sixth straight session and oil bounced above $53 a barrel on Thursday as upbeat U.S. housing and durable goods data boosted expectations of an early return to global economic growth.
Reuters

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Archived "business - imports expectation" news stories.

Available news archives.

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