Archive for October, 2009

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Futures dip after best day in 3 months (Reuters)

NEW YORK (Reuters) –
U.S. stock index futures dipped on Friday, a day after the market logged its best percentage gain in three months, as investors await data that will shed light on consumer sentiment.

The day's economic agenda includes the Commerce Department's September personal income and consumption data at 8:30 a.m. EDT (1230 GMT) as well [...]

30Oct2009 | it-y | 0 comments | Continued
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NYSE Q3 beats consensus, sells Liffe U.S. stake (Reuters)

Reuters – NYSE Euronext said on Friday it is selling a “significant equity interest” in its derivatives exchange NYSE Liffe U.S., as it posted a 28-percent drop in third-quarter earnings.
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30Oct2009 | it-y | 0 comments | Continued
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China's small-company stock market starts trading (AP)

HONG KONG – A new Chinese stock exchange meant to nurture small and high-tech enterprises, modeled on the U.S.-based Nasdaq market, started trading Friday and all 28 listed companies soared in price.
Chengdu Geeya Technology Co., a digital equipment provider, vaulted 210 percent to 35 yuan on the ChiNext exchange in the southern city of Shenzhen. [...]

30Oct2009 | it-y | 0 comments | Continued
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German retail sales post second straight drop (AFP)

FRANKFURT (AFP) –
German retail sales fell for the second consecutive month in September, a sign that household demand remains weak amid persistent fears that unemployment will climb in the coming months.

September retail sales declined 0.5 percent from August, catching analysts off guard, figures released on Friday by the federal statistics office showed.

Experts polled by Dow [...]

30Oct2009 | it-y | 0 comments | Continued
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Sony, Panasonic outlooks suggest sector recovery (Reuters)

TOKYO (Reuters) –
Sony Corp (6758.T) and Panasonic Corp (6752.T) signaled the worst may be over for the world's two largest consumer electronics makers as they raised their full year outlooks, helped by cost cuts.

This follows an upbeat view from Samsung Electronics (005930.KS), the world's top LCD maker, and Sharp Corp (6753.T).

Sony posted its fourth consecutive [...]

30Oct2009 | it-y | 0 comments | Continued