Thursday, June 3, 2010

Fwd: Number of people filing for first-time jobless benefits falls by 10,000 to 453,000, government says.

Date: Thu, 3 Jun 2010 08:33:06 -0400

Number of people filing for first-time jobless benefits falls by
10,000 to 453,000, government says.

Wednesday, June 2, 2010

Markets, Wednesday, 06/2/2010

Date: Wed, 2 Jun 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,249.54 up 225.52 | S & P : 1,098.38 up 27.67 |
| NASDAQ: 2,281.07 up 58.74 | Bond (10Y): 3.33% up 0.038
|---------------------------------------------------------------------------|

MARKETS:
Stocks rally 2% on energy boost
U.S. markets make a comeback Wednesday as energy and technology shares rally.

U.S. stocks recoup some recent losses

Date: Wed, 02 Jun 2010 12:00:55 -0400

U.S. STOCKS RECOUP SOME RECENT LOSSES
U.S. stocks rise modestly Wednesday, regaining some lost ground after
a two-session losing streak, as investors bet the prior day's blasting
of energy shares was overdone.

COMMODITY-SECTOR SHARES UNDER PRESSURE IN EUROPE
European share indexes lose ground, pulled down by broad losses for
commodity-sector companies and another slide for BP shares.

HONG KONG, AUSTRALIA FALL AS JAPAN SLIPS BACK
Some of Asia's major stock markets closed lower Wednesday, with a
brief climb in the Japanese market giving way to a decline after
traders had time to digest the resignation of the country's prime
minister.

JOBS REMINDS US HOW FAR APPLE HAS COME
Steve Jobs reminds all of us how far Apple Inc. has come in the last
13 years or so since he came back to the company he co-founded.
------------------------------------------------------------------
REALITY UPDATE:
The recession has transformed more consumers into discount shoppers,
and now websites that harness the power of group purchasing are
helping them get even better deals.

Tuesday, June 1, 2010

Japanese Prime Minister Hatoyama to step down: NHK

Date: Tue, 01 Jun 2010 20:56:09 -0400

Japanese Prime Minister Hatoyama to step down: NHK
06/01/2010 08:54:11 PM EDT

Markets, Tuesday, 06/1/2010

Date: Tue, 1 Jun 2010 17:32:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,024.02 down 112.61 | S & P : 1,070.71 down 18.70 |
| NASDAQ: 2,222.33 down 34.71 | Bond (10Y): 3.30% down 0.005
|---------------------------------------------------------------------------|

MARKETS:
Is the euro crisis over or just beginning?
The euro rebounded after briefly hitting a 4-year low against the
dollar. While some think Europe has stabilized, others fear more pain
to come - and that's not good for the U.S.

BP valuation takes $17 bln hit on top-kill failure

Date: Tue, Jun 1, 2010 at 12:00 PM

BP VALUATION TAKES $17 BLN HIT ON TOP-KILL FAILURE
BP's failed attempt at pouring thousands of barrels of mud to plug the worst oil spill in U.S. waters sent shares of the London-based oil giant down by 13% in early New York trade on Tuesday. 

BP ONTO NEXT REMEDY, SAYS LEAK MAY LAST TIL AUGUST
 The company  is preparing to cut a damaged pipe in the hope it will be easier to put a new, smaller, dome on top of a clean break.  
 The disastrous oil spill in the Gulf of Mexico has showcased the need for better robotics technology.
U.S. STOCKS RISE ON ECONOMIC REPORTS
The U.S. stock market kicks off June with an early decline as developments in Europe, Asia and the Middle East undermine confidence, but latest domestic economic data help turn the tide. 

MODEST DROP IN MAY ISM FACTORY DATA
Activity at U.S. manufacturing firms slows bit after hitting a six-year high in April, according to a closely followed survey of top executives.  


Manufacturing grows for the 10th straight month in May, although at a slower pace than the month before, purchasing managers say.

Date: Tue, 1 Jun 2010 10:06:06 -0400

Manufacturing grows for the 10th straight month in May, although at a
slower pace than the month before, purchasing managers say.