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12 May 2005 02:21 PM
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MARKET SNAPSHOT: COMMODITIES, EUROPEAN EQUITIES, FOREX:
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The Dax Index rose 22.89 points, or 0.54% to 4267.05, the FTSE 100 Index added 17.80 points, or 0.37% to 4893.20, the CAC 40 Index advanced 36.12 points, or 0.91% to 4015.65.
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12 May 2005 08:38 AM
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U.S. retail sales rocketed 1.4% in April:
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U.S. retail sales rocketed 1.4% in April, the highest gain in 7 months, according to the Commerce Department. Analysts were forecasting 0.7%. Excluding autos, retail sales rose 1.1%. Economists were expecting
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12 May 2005 08:36 AM
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U.S. initial claims rose to 340,000 last week:
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U.S. initial claims rose 4,000 to 340,000 in the week ended May 7, according to the Labor Department.
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12 May 2005 06:39 AM
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E.U. GDP rose 0.5% in the first quarter:
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Economic growth in the E.U. rose 0.5% in the first quarter due to higher GDP growth in Germany. Germany’s GDP
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11 May 2005 04:07 PM
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MARKET SNAPSHOT: COMMODITIES, U.S. EQUITIES, FOREX:
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The Dow Jones Industrial rose 19.14 points, or 0.19%, to 10,300.25. The Nasdaq Composite was up 8.78 points, or 0.45%, to 1,971.55. The S&P500 added 4.88 points, or 0.42%, to 1,171.10.
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11 May 2005 02:05 PM
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MARKET SNAPSHOT: EUROPEAN EQUITIES:
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The Dax Index fell 6.97 points, or 0.16% to 4244.16, the FTSE 100 Index declined 17 points, or 0.35% to 4875.40, the CAC 40 Index slipped 20.72 points, or 0.52% to 3979.53.
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11 May 2005 11:54 AM
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Concerns about corporate debt drag down credit derivatives:
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Financial instruments that aim to reduce the risk by repackaging corporate debt and reselling them to investors are under pressure from the increased risk of default among debt issuers. The instruments affected are collateralized-debt obligations, or CDOs, and credit-default swaps, CDSs. CDOs represent packages of debt
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11 May 2005 11:05 AM
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Crude inventories rose 2.7 million barrels: Energy Department:
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The Energy Department reported on Wednesday that U.S. crude inventories rose 2.7 million barrels in the week ended May 6. Gasoline stocks climbed 200,000 barrels. Distillate supplies rose 1.7 million barrels.
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11 May 2005 09:45 AM
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U.S. trade deficit fell to $55.0 bln in March:
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The U.S. trade deficit fell to $55.0 bln in March. This is the largest drop in over three years. Analysts were forecasting $61.5 bln. Import fell 2.5% to $157.2 bln. Imports from China fell 4.4% to $16.2 bln. Export rose to a new
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11 May 2005 08:45 AM
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NYSE deal: who will sell first?:
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The deal with the New York Stock Exchange evokes questions from its shareholders that disagree with the possibility for other players to sell their stakes sooner.
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10 May 2005 04:07 PM
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MARKET SNAPSHOT: COMMODITIES, U.S. EQUITIES, FOREX:
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The Dow Jones Industrial fell 105.59 points, or 1.02%, to 10,278.75. The Nasdaq Composite dropped 17.05 points, or 0.86%, to 1,962.62. The S&P500 was down 12.94 points, or 1.10%, to 1,165.90.
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10 May 2005 03:40 PM
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MOODY'S RAISED BAUSCH&LOMB'S CREDIT RATING TO "Baa3" FROM "Ba1":
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MOODY'S RAISED BAUSCH&LOMB'S CREDIT RATING TO "Baa3" FROM "Ba1"
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10 May 2005 03:39 PM
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MARKET SNAPSHOT: EUROPEAN EQUITIES:
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The Dax Index fell 41.28 points, or 0.96% to 4251.13, the FTSE 100 Index declined 17.90 points, or 0.36% to 4892
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06 May 2005 12:03 PM
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CDS gain popularity among retail investors:
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The credit default swaps (CDS), aimed at protecting investors from the borrower’s default, are becoming more and more popular among investors indicating the trend of launching credit derivatives funds.
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06 May 2005 11:16 AM
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China needs more flexible rate, US, Japan say:
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The US and Japan demand that China unpeg its currency, saying the rigid mode of renminbi leads to losses in the world’s two top economies.
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