Saturday, February 5, 2011

DailyMarkets.com - 10 Reasons Why The Latest U.S. Unemployment Numbers Are No Reason To Cheer

DailyMarkets.com - 10 Reasons Why The Latest U.S. Unemployment Numbers Are No Reason To Cheer

10 Reasons Why The Latest U.S. Unemployment Numbers Are No Reason To Cheer

Posted: 05 Feb 2011 03:45 AM PST

The U.S. government is telling us that the unemployment rate fell all the way down to 9.0% in January.  Should we all cheer?  Is it now going to be a lot easier to find a job?  Has the economy finally turned around?  Are happy days here again?  Well, it is a good thing to have a positive attitude, but the truth is that there is just not much to cheer about when you take a closer look at the recent unemployment numbers.  First of all, the U.S. economy only added 36,000 jobs in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Is The US Stock Market Rally Sustainable?

Posted: 05 Feb 2011 02:35 AM PST

This week, the financial media celebrated as the Dow closed above the 12,000 mark for the first time since June 19th, 2008. For many, this milestone is another sign that the financial nightmare of the past three years will soon fade in the rearview mirror.

The euphoria over share prices has been bolstered by recently released data which catalogs rising consumer confidence and spending, and corporate earnings reports that have beaten estimates. In the meantime, the bond markets have … [visit site to read more] or compare Best Credit Cards and Best CD Rates

MoneyGram Revives, Loss Narrows

Posted: 04 Feb 2011 09:05 PM PST

MoneyGram International Inc. (NYSE:MGI) reported fourth quarter loss per share of 23 cents, substantially lower than the Zacks Consensus Estimate of a loss of 35 cents and modestly lower than the loss of 29 cents reported in the year-ago quarter.
 
Results included stock-based compensation costs of $5.9 million, $2.3 million of restructuring and reorganization costs, $16.4 million of legal accruals and $3.6 million write off of deferred financing and debt discount. Reported net loss was $19.4 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Week Ahead: Earnings, BoE Rate Decision, U. Of Michigan Consumer Sentiment, International Trade

Posted: 04 Feb 2011 09:00 PM PST

02/05/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Friday, February 4, 2011

Posted: 04 Feb 2011 04:44 PM PST

The stock market advanced today even though the jobs report came in below expectations. The unemployment rate declined from 9.4% to 9.0% but this was due to people leaving the workforce. The major indexes all closed at new highs and the Nasdaq Composite which has recently been struggling at the 2,755 level was able to close above its recent high of 2,766 to make a new high at 2,769. Market breadth was neutral and investor participation was mixed. So far the DJIA and S&P 500 are holding … [visit site to read more] or compare Best Credit Cards and Best CD Rates
at

No comments:

Post a Comment