U.S. durable goods orders rebound, core capital goods rise

Posted by Forexsq 4 days ago (http://www.reuters.com)
img Orders for long-lasting U.S. manufactured goods rose more than expected in June, pointing to momentum in the economy heading into the third quarter.

The Commerce Department said on Friday durable goods orders increased 0.7 percent as demand increased from transportation to machinery and computers and electronic products.

The increase in orders for these goods, which range from toasters to a

U.S. Stocks Gain on Higher Earnings; Phone Shares Soar

Posted by Forexsq 10 hours ago (http://www.bloomberg.com)
img U.S. stocks rose for the fifth time in six days as corporate profits beat estimates and Windstream Holdings Inc. led the biggest rally in phone stocks since 2011.

Masco Corp. (MAS), a maker of faucets and kitchen cabinets, jumped 9.3 percent and Merck & Co. gained 0.8 percent after reporting earnings that topped analysts’ projections. Windstream surged 21 percent after announcing plans to spin

Dollar Rises to Highest in Month as U.S. Outperforms

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img A gauge of the dollar rose to the highest level in a more than month amid signs the U.S. economy, beset by years of sluggish growth, is outperforming its major peers.

The Bloomberg Dollar Spot Index extended a second weekly gain before reports next week that analysts said will show the world’s biggest economy expanded in the second quarter and employers boosted payrolls. The euro fell to the l

Dollar Tree Agrees to Acquire Family Dollar for $8.5 Billion

Posted by Forexsq 9 hours ago (http://www.bloomberg.com)
img Dollar Tree Inc. (DLTR) agreed to buy Family Dollar Stores Inc. (FDO) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S.

Dollar Tree will pay $74.50 a share in cash and stock, 23 percent above Family Dollar’s closing price at the end of last week, according to a statement from the companies today. Includi

Gold Gains From 5-Week Low as Prices Near Technical Level

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img Gold rose from a five-week low in New York, narrowing a second weekly loss, on speculation prices near a technical level will discourage selling.

Bullion fell as much as 1.3 percent to $1,289.40 an ounce yesterday, the lowest since June 19, as U.S. equities reached a record after data showed jobless claims fell and global manufacturing increased. The metal, which yesterday fell near its 200-da

U.S. Stocks Decline as Amazon, Visa Results Miss Forecast

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img U.S. stocks fell, after the Standard & Poor’s 500 Index extended a record, as earnings at Amazon (AMZN).com Inc and Visa Inc. missed estimates and durable goods data fueled concern that corporate investment remains stop-and-go.

Amazon plunged 11 percent after trailing analysts’ predictions for the second successive quarter. Visa sank 4.4 percent percent after lowering its full-year revenue for

S&P 500 Earnings Top Estimates at 77% Pace Led by Ford

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img Starbucks Corp., Ford Motor Co. and American Airlines Group Inc. posted profits that exceeded analysts’ estimates, benefiting in part from improved economies at home and abroad.

The automaker and the coffee-shop chain yesterday joined the 77 percent of Standard & Poor’s 500 Index companies that have beaten second-quarter projections, with more than 280 yet to report. Facebook Inc. closed at a

U.S. stocks open lower; Dow falls below 17,000

Posted by Forexsq 4 days ago (http://www.marketwatch.com)
img The U.S. stock market opened lower on Friday, weighed down by disappointing reports from companies such as Amazon.com and Visa Inc.

Nonetheless, the main benchmarks were on track to finish the week with marginal gains.

Stock-market investors showed virtually no reaction to stronger-than-expected orders for durable goods, released before the opening bell.

Dollar Tree to buy Family Dollar for $8.5 billion

Posted by Forexsq 1 day 12 hours ago (http://www.reuters.com)
img Discount store chain Dollar Tree Inc (DLTR.O) offered to buy rival Family Dollar Stores Inc (FDO.N) for about $8.5 billion, in a deal the companies said would create North America's leading discount retailer.

Dollar Tree's offer of $74.50 per share in cash and stock represents a premium of about 23 percent over Family Dollar's close of $60.66 on Friday. Family Dollar had about 114 million shar

Global stocks edge up, U.S. bonds slip on jobless data, earnings

Posted by Forexsq 5 days ago (http://www.reuters.com)
img European stocks hit 2 1/2-week highs and the euro rallied from eight-month lows against the dollar on Thursday after the region's private sector expanded at its fastest rate in three months in July.

Russian debt insurance costs rose after European Union leaders proposed sanctions on Russian banks which are majority-owned by the government. Those measures were proposed after a Malaysian Airline

Euro crisis is sleeping not dead | Top Forex Brokers

Posted by Forexsq 1 day 11 hours ago (http://www.topforexbrokers.com)
img Euro zone policymakers may feel they can afford to relax this summer. That would be a terrible error. The euro crisis is sleeping, not dead. The region is suffering from... moreShare it now!

U.S. jobless claims hit more than eight-year low, but home sales tumble

Posted by Forexsq 5 days ago (http://www.reuters.com)
img The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labor market recovery was gaining traction.

Initial claims for state unemployment benefits declined 19,000 to a seasonally adjusted 284,000 for the week ended July 19, the Labor Department said on Thursday.

That was the lowest level since February 2006

U.S. stocks: Futures edge up; Family Dollar soars on bid

Posted by Forexsq 1 day 11 hours ago (http://www.marketwatch.com)
img U.S. stock futures turned higher Monday as deal news sent shares of Family Dollar Stores Inc. and Dollar Tree Inc. soaring in premarket.

Home-sales data will kick off a busy few days for economic updates, the biggest of which will be payrolls on Friday. Investors will also get a Federal Open Market Committee decision mid-week.

Global economy still limping along

Posted by Forexsq 5 days ago (http://money.cnn.com)
img The world economy is stuck in low gear even as the risks to growth mount, the International Monetary Fund said Thursday.

Global growth this year should average 3.4%, the IMF said. That's a little better than the 3.2% the world economy managed in 2013.

Stock trader who called three crashes sees 20% collapse

Posted by Forexsq 1 day 11 hours ago (http://www.marketwatch.com)
img Mark Cook, a veteran investor included in Jack Schwager’s best-selling book, “Stock Market Wizards,” and the winner of the 1992 U.S. Investing Championship with a 563% return, believes the U.S. market is in trouble.

The primary indicator that Cook uses is the “Cook Cumulative Tick,” a proprietary measure he created in 1986 that uses the NYSE Tick in conjunction with stock prices. His indicator
|  

Become Our Fan