U.S. Stocks: market cautious in the late morning

U.S. Stock Market advanced slightly on Thursday after better than expected indicators released in this winter. By late morning, the Dow rose 0.2% to 12,137.5 points, while the Nasdaq Composite 0.6% advance to 2592.3 points. ‘We also said that the flood of cheap money proposed yesterday by the ECB to European banks will perhaps help… Continue reading U.S. Stocks: market cautious in the late morning

Stocks open higher despite an unpleasant surprise on growth

The U.S. stock market opened in modest gain Thursday, boosted by lower jobless claims in the U.S., partially offset by an unpleasant surprise on growth: Dow Jones advanced 0.18% and Nasdaq climbed 0.39 %. Around 9:40 am EDT, the Dow Jones Industrial Average advanced 21.27 points to 12,129.01 points in the Nasdaq, dominated by technology,… Continue reading Stocks open higher despite an unpleasant surprise on growth

Stocks go down sharply after refinancing operation launched by ECB

U.S. Stock Market go down sharply on Wednesday morning in the wake of European stocks, investors are questioning the massive refinancing operation launched by the European Central Bank (ECB) earlier in the day. At the very end of the morning, the Dow Jones retreated 0.5% to 12,043.9 points, while the Nasdaq Composite falling 1.8% to… Continue reading Stocks go down sharply after refinancing operation launched by ECB

U.S. Stock Market is concerned on the operation of the ECB and opens down

U.S. Stock Market dropped in early trade Wednesday as investors wondering about the implications of the massive loan granted by the European Central Bank (ECB) to financial institutions: the Dow Jones lost 0.28% and the Nasdaq 0.92 %. Around 9:40 am EDT, the Dow Jones Industrial Average fell by 33.75 points to 12,069.83 points and the Nasdaq, dominated… Continue reading U.S. Stock Market is concerned on the operation of the ECB and opens down

U.S. Stocks rally in place, regained 12,000 points

U.S. Stock Market goes up on Tuesday morning, reassured by the success of an award in Spain and the improving trend in the U.S. housing market.As we approach midday, the Dow climbed 2.3% and recross the 12,000 points at 12,042.6 points and the Nasdaq rose 2.7% to 2591.1 points.The situation in the euro area and the evolution… Continue reading U.S. Stocks rally in place, regained 12,000 points

China: slight contraction in manufacturing activity

Manufacturing activity in China fell slightly in February, according to a provisional index released Wednesday by the bank HSBC, which believes that the risks to growth in the second world economy have strengthened. The PMI purchasing managers settled temporarily at 49.7, against 48.8 in January. It is the smallest contraction in industrial activity in China in… Continue reading China: slight contraction in manufacturing activity

Obama unveiled a budget with a tax increase for the rich

U.S. President Barack Obama Monday unveiled a 2013 budget with a strong electoral combining tax increases for the rich and infrastructure investments, nine months before seeking a new four-year lease at the White House. In line with his speech on the state of the Union Jan. 24, when the president wished the Congress face an economy… Continue reading Obama unveiled a budget with a tax increase for the rich

Veteran RIM, a mission impossible?

It’s the end of an era. The two bosses of Research in Motion, Mike Lazaridis and Jim Balsillie, withdrew from the management on a daily basis. This is what many shareholders were demanding, disappointed by the performance of RIM, which has become increasingly difficult to compete with Apple and manufacturers of smart phones based on Android… Continue reading Veteran RIM, a mission impossible?

Stadacona: no longer speak to trade unionists, but capitalists

Talks resume between White Birch and the unionized plant Stadacona in the hopes of coming to an agreement that would keep the unity of Quebec skinning less employees and retirees. Difficulty: the solution does not seem able to pass by an additional reinvestment. This story is not without flinching. Workers who have accumulated a lifelong… Continue reading Stadacona: no longer speak to trade unionists, but capitalists