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Futures Point to Flat Start for Equities News at a GlanceLittle Movement: Stock futures point to flat start.Crude Eases: Oil takes a step back after Thurs. rally.Fed Update: Bernanke to speak on crisis at 12 p.m.Weakness Abroad: Asia, Europe sink on economic concerns.The LowdownPersistent concern over the economy could leave stocks flat or worse today, but the major indexes may yet finish the week in the black.Stocks headed toward a flat start Friday, as traders appeared to grow more certain that the Federal Reserve's sweeping actions intended to lower mortgage rates and jumpstart growth would be met with near-term success. Shortly after 7 a.m., Dow, Nasdaq and S&P 500 futures were trading right around fair value.The Fed promised earlier this week to vastly expand its holdings, investing heavily in mortgage-backed securities and Treasuries. The moves were intended to promote lending and instill confidence, however, after a modest rally, stocks declined on Thursday, as traders began to question the potential of Smart MoneyFutures Point to Flat Start for Equities (Market Update) News at a GlanceLittle Movement: Stock futures point to flat start.Crude Eases: Oil takes a step back after Thurs. rally.Fed Update: Bernanke to speak on crisis at 12 p.m.Weakness Abroad: Asia, Europe sink on economic concerns.The LowdownPersistent concern over the economy could leave stocks flat or worse today, but the major indexes may yet finish the week in the black.Stocks headed toward a flat start Friday, as traders appeared to grow more certain that the Federal Reserve's sweeping actions intended to lower mortgage rates and jumpstart growth would be met with near-term success. Shortly after 7 a.m., Dow, Nasdaq and S&P 500 futures were trading right around fair value.The Fed promised earlier this week to vastly expand its holdings, investing heavily in mortgage-backed securities and Treasuries. The moves were intended to promote lending and instill confidence, however, after a modest rally, stocks declined on Thursday, as traders began to question the potential of Smart MoneyAutos & Auto Parts Earnings are below expectations and have been for some time. Some of these companies may be bailout candidates, which would leave equity holders with no value. Demand for autos is down (15)% due to a weak economy and weakening real estate market. Demand is also hurt by weakening employment. The recent credit crunch is crippling to auto sales, and this has a trickle-down effect throughout the industry. ZacksRupee strengthens by 32 paise to 50.06 MUMBAI: The Indian rupee strengthened by 32 paise to 50.06 against the greenback in early trade today on fresh dollar selling and gradual improvement in capital inflows into equity. In fairly ac... India GazetteAlcoa shares rose 10% after upgrade, equity offering Alcoa Inc. shares rose almost 10% Thursday after J.P. Morgan announced its investors that it’s right time to buy as the aluminum maker has positioned itself to weather 2009 by curbing its quarterly payout and raising cash through an equity offering.J.P. Morgan analyst Michael Gambardella said:With the equity offering out of the way and the [...] Aluminum Investing NewsNorwegian property markets post negative returns, says IPD (NO) IPD yesterday (19 March 2009) published the IPD Norway Annual Property Index for 2008. According to the index, returns from investments in Norwegian commercial real estate fell to -4.7% last year, following three years of successive 15% plus returns.Property significantly outperformed the equity market, which returned -54.1% according to the Oslo Benchmark (OSEBX) Index, but lagged behind the bonds markets, which returned 10.5%, as measured by the Oslo five year Stat Index (ST5X) Index. The to Europe RESensex ends choppsy session flat; metals, oil & gas up MUMBAI: Indian equities ended volatile day on a flat note as traders bought frontline oil & gas and metal stocks and exited rate sensitive like realty and banks. Weak European market kept markets u... Big News NetworkInvestcorp secures L`azurde deal Asset management company Investcorp has purchased a 70 per cent stake in gold and jewellery manufacturer L'azurde, it has been announced.The Middle Eastern brand produces a range of jewellery products made from the precious metal and, according to a recent study by Forbes Arabia, is the world's fourth largest designer, manufacturer and distributor of such items.The firm has 18 retail stores across the region - along with two production facilities in Riyadh and Cairo - and founder, chief executive and chairman of the company Abdul Aziz Al Othaim has welcomed Investcorp's move."Not only is Investcorp tremendously respected as the pioneer of private equity in the region, but it also has extraordinary relevant experience in growing global consumer brands," he explained, noting that the partnership will herald the "next successful chapter" in the history of the company.Elsewhere in the jewellery sector, Dubai is to showcase pieces from some of the world's elite jewellery Gold.org |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]