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A Drop In The ADP Employment Report Would Contradict Bearish Dollar Outlook
The February ADP employment report is expected to show that the economy lost another 630,000 non-farm private jobs. The report has improved as an indicator...
Daily FX

BP chief signals dividend freeze
BP expects to freeze its dividend this year, its chief executive has told the Financial Times, as the company struggles to adjust to the plunge in the price of oil to about $45 a barrel
FT

Stocks to Watch: Stocks in focus for Wednesday
Among the companies whose shares are expected to see active trade in Wednesday's session are Toll Brothers, Liz Claiborne, Foot Locker and Palm.
Market Watch

Euro / US Dollar Breaks 1.25 as Weak Australian GDP Weighs on Risky Assets (Euro Open)
The Euro fell below 1.25 to the US Dollar in overnight trading after Australia's economy performed worse than economists expected in the fourth quarter,...
DailyFX

BP chief plans dividend freeze
BP expects to freeze its dividend this year, its chief executive has told the Financial Times, as the company struggles to adjust to the plunge in the price of oil to about $45 a barrel
FT

Palm expects drop in Q3 revenue
Palm Inc. said Tuesday it expects third quarter revenue of $85 million to $90 million, down from the year-ago quarter's $312.1 million. (PALM)
Bizjournals.com

Google chief doesn`t see economic improvement until 2010
Google Inc. CEO Eric Schmidt on Tuesday said he doesn't expect the 'dire' economic climate to improve much until 2010. (GOOG)
bizjournals

Knock on `Opportunity`: Sharp Losses
In a sign that institutional investors are about to get clobbered by losses in commercial real estate, Morgan Stanley told investors to expect up to a 60% write-down on the equity in a marquee fund.
Real Estate Journal

Google CEO: Economy is `pretty dire`
Google Inc. (GOOG) Chief Executive Eric Schmidt said Tuesday the economic situation is 'pretty dire,' adding that he does not expect to see improvement until 2010.
CNN

Restaurant Stocks: Are Consumers Warming Up?
Was there a subtle shift in consumers' mood last month? Or was it just the sunny weather?Restaurants are a pricier, expendable item in my family budgets. But, in February, Americans ate out more than expected.According to UBS (UBS) analyst David Palmer, fast food sales rose 2% to 3% in February after slow 0% to 1% growth in January. His fast food category includes chains like McDonald's (MCD), Subway, Taco Bell, Burger King (BKC) and Wendy's (WEN). They're relatively cheap options, so they've held up pretty well despite the recession.February sales at pricier casual dining outlets have been under more pressure. So February data on these restaurants were more of a surprise to Palmer, who estimates a 'modest' decline in same-store sales of 2% or so. Because they're more expensive, consumers have cut way back on casual chains like Darden Restaurants (DRI), the owner of Olive Garden and Red Lobster, and Brinker International (EAT), the owner of Chili's. A 2% drop in sales might loo
Businessweek.com

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