U.S. housing starts rise less than expected | Top Forex Brokers

Posted by Forexsq 1 day 23 hours ago (http://www.topforexbrokers.com)
img U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. The Commerce Department... moreShare it now!

Gold Trades Above Lowest in Week as Ukraine-U.S. Weighed

Posted by Forexsq 1 day 23 hours ago (http://www.bloomberg.com)
img Gold traded above the lowest price in more than a week in New York as investors weighed turmoil over Ukraine against the outlook for an improving U.S. economy.

Gold fell 2 percent yesterday, the most since December, as data indicated U.S. consumer prices accelerated in March. A report released this week showed retail sales increased more in March than economists forecast. The metal slid the mo

Bank of America: Here’s what investors can expect

Posted by Forexsq 1 day 23 hours ago (http://www.marketwatch.com)
img Bank of America Corp. BAC -2.69% will release its first-quarter earnings on Wednesday at 7 a.m. Eastern. This is what investors can expect:

Earnings: The nation’s second-largest bank by assets is expected to report first-quarter earnings of 5 cents a share, or 27 cents a share in adjusted earnings, compared with 20 cents a share in the year-ago period, according to analysts surveyed by FactSe

Legal costs hit Bank of America's bottom line

Posted by Forexsq 1 day 23 hours ago (http://money.cnn.com)
img Bank of America reported a quarterly loss Wednesday as legal costs hit the bank's bottom line.

It's another reminder that the tentacles of the financial crisis are still squeezing both Main Street and Wall Street.

Yen Falls as Chinese Growth Beats Analyst Forecasts

Posted by Forexsq 1 day 23 hours ago (http://www.bloomberg.com)
img The yen fell the most in more than two weeks against the euro after data showed China’s economic growth slowed less in the first quarter than analysts forecast, damping demand for safer assets.

Japan’s currency dropped against most of its 16 major counterparts as the nation’s stocks gained and central bank Governor Haruhiko Kuroda told parliament it was not appropriate to discuss an exit from

S&P 500 Futures Rise With Citigroup as Ruble Declines

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img Standard & Poor’s 500 Index futures gained and Treasuries fell after Citigroup Inc. (C)’s earnings beat analysts’ estimates and U.S. retail sales increased more than forecast. The ruble declined and commodities rose amid worsening violence in Ukraine.

S&P 500 futures gained 0.5 percent at 8:59 a.m. in New York. Citigroup jumped 3.7 percent in pre-market trading. The 10-year Treasury yield rose

U.S. Stocks Rise After Yahoo Results, Factory Output Data

Posted by Forexsq 1 day 23 hours ago (http://www.bloomberg.com)
img U.S. stocks rose, with the Standard & Poor’s 500 Index climbing a third day, as Yahoo! Inc. earnings topped estimates and data showed industrial production gained more than forecast.

Yahoo rallied 7.9 percent after saying sales surged at its Alibaba Group Holding Ltd. unit. Intel Corp. rose 0.5 percent after the world’s largest semiconductor maker forecast second-quarter sales that may exceed

Ukraine President threatens military operation as unrest grows

Posted by Forexsq 4 days ago (http://www.reuters.com)
img Ukraine's president on Monday threatened military action after pro-Russian separatists occupying government buildings in the east ignored an ultimatum to leave and another group of rebels attacked a police headquarters in the troubled region.

Acting president Oleksander Turchinov also held out the possibility of a referendum on the future shape of the Ukrainian state, partly addressing demands

Keep calm and invest in these unknown dividend stocks

Posted by Forexsq 23 hours ago (http://www.marketwatch.com)
img How much do you fear a stock market correction?

There are dire warnings, the latest from Bank of America Merrill Lynch analysts Stephen Suttmeier and Jue Xiong, who said earlier this week that the Nasdaq Composite Index COMP +0.04% may have topped out following its recent rally heading into May, typically a weak month for stocks. The tech-heavy Nasdaq is down 3% this year following gains of

Citigroup profit rises on smaller loss from troubled assets

Posted by Forexsq 4 days ago (http://www.reuters.com)
img Citigroup Inc's quarterly net profit rose 4 percent as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses.

First-quarter adjusted net income rose to $4.15 billion, or $1.30 per share, from $4.00 billion, or $1.29 per share a year earlier, the third-largest U.S. bank said on Monday.

Total net income under Generally Acce

U.S. jobless claims hover near pre-recession levels

Posted by Forexsq 23 hours ago (http://www.reuters.com)
img New applications for unemployment benefits held near their pre-recession levels last week, offering further evidence of the economy's underlying strength.

Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. They stayed close to a 6-1/2 year low touched the prior week.

Economists p

U.S. Stock Futures Rise on Citigroup, Retail Sales Data

Posted by Forexsq 3 days ago (http://www.bloomberg.com)
img U.S. stock futures rose, following the Standard & Poor’s 500 Index’s worst week since 2012, as retail sales gained the most since 2012 and Citigroup Inc. (C) jumped after earnings unexpectedly increased.

Citigroup advanced 3.3 percent after posting earnings that beat estimates. Edwards Lifesciences Corp. gained 12 percent after a court ruled to limit U.S. sales of peer Medtronic Inc.’s CoreVal

Dollar Pares Loss as Jobless Claims Trail Forecast

Posted by Forexsq 22 hours ago (http://www.bloomberg.com)
img The dollar pared a loss against the euro as a report showed claims for U.S. unemployment benefits increased less than forecast.

The Bloomberg Dollar Spot Index dropped for the first time in five days after Federal Reserve Chair Janet Yellen said yesterday she doesn’t see any sign of inflation and has a “continuing commitment” to support the recovery. The pound reached the highest level in more

Ukraine hikes rates in bid to defend economy

Posted by Forexsq 3 days ago (http://money.cnn.com)
img Ukraine's central bank has hiked its benchmark lending rate for the first time in eight months amid an escalating confrontation with pro-Russian activists.

The central bank raised the discount rate from 6.5% to 9.5% late Monday, a move that should help support the country's floundering currency and curb inflation.

Google still a top pick for Wall Street, despite mobile ad challenges

Posted by Forexsq 22 hours ago (http://www.reuters.com)
img Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with the shift to the fast-growing mobile advertising market.

Google shares were down about 3 percent in early trading on Thursday, and at least 12 brokerages cut their target price on the stock. But most analysts kept a "buy" rating or equivalent on the company's share

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