By Heather Horn of The Atlantic Wire In the past few days, plans have solidified for a new European version of the International Monetary Fund. Advocates, which include French and German politicians, say the institution could save the Eurozone from the crisis created by Greece’s debt woes
From the BLS: Regional and State Employment and Unemployment Summary Thirty states and the District of Columbia recorded over-the-month unemployment rate increases , 9 states registered rate decreases, and 11 states had no rate change, the U.S. Bureau of Labor Statistics reported today. Over the year, jobless rates increased in all 50states and the District of Columbia
OPEC say that crude consumption will rise this year, but in the fine print of its statement, the cartel undercuts its own prediction.
Updates throughout the day. AIG (AIG) has developed a new system for paying management bonuses (NYT) “While banks like JPMorgan and Goldman Sachs have enough liquidity to consider raising dividends or buying back stock, regulators have told U.S
Top 10 Analyst Upgrades and Downgrades (ADI, NLY, BIDU, CVX, ESLR, ITMN, JCG, LMT, SONC, VALE)
Mar 10
These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street morning research calls: Analog Devices Inc.
The MBA reports: Purchase Applications Increase in Latest MBA Weekly Survey The Market Composite Index, a measure of mortgage loan application volume, increased 0.5 percent on a seasonally adjusted basis from one week earlier. ..
Results from the poll used to create the Blue Chip Economic Indicator show that economists believe that US GDP will grow at a slower rate than they had previously forecast for next year. According to Reuters, “the economy is expected to grow by 3.0 percent in 2011, which is 0.1 percentage point lower than estimates made a [[ This is a content summary only
The price tag for Toyota’s (TM) massive recall of eight of its popular models plus the Prius hybrid and its Tundra truck is estimated as high as $5 billion according to experts surveyed by The Wall Street Journal. These costs include repairs, litigation, and the incentives that the car company will have to give to [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
China’s exports rose 46% in February compared with the same month a year ago, underscoring concerns about whether its economy has begun to overheat. The Chinese customs agency, which made the announcement, also said that imports were up 45%.
On the tenth anniversary of the tech bubble of 2000, short sellers aggressively dropped their bets against hardware, software and internet companies. Figures are from February 28.
