Learn more about the finalists of the FinCanDev competition, a nationwide, $100,000 challenge to develop new mobile apps to help working Americans make smart financial choices.
The SEC offered guidance recently as to how public companies may be able to use social media sites to communicate material company announcements like earnings, merger activity, executive changes, etc.
NYSE Euronext hosts a mini-fair for the EPA mini-entrepreneurs of the Paris region, during which the students will be able to sell their products to NYSE Euronext employees.
NYSE Euronext welcomes today the students of several Secondary and High schools in the Paris region who created a mini-enterprise throughout the school year. The mini-enterprise programme is a learning tool created by Junior Achievement and developped in France by Entreprendre Pour Apprendre. Students from the Collège Edgar Varèse, Collège Montgolfier, Lycée Ferrandi and the Lycée Le Rebours will close the European Cash Markets in Paris to celebrate the mini-fair organised by the NYSE Euronext EPA volunteer team in Paris. The mini-fair will offer the mini-entrepeneurs the opportunity to sell their products to NYSE Euronext employees and practice...
Breakfast Bites: While investors remain cautious over the euro zone debt crisis, the weekly jobless claims report that hit this morning, coming in slightly better than expected, have given a bid to the market.
First time claims for jobless benefits fell last week by 1,000 to 367,000, a one month low.
The trade deficit widened more than forecast (+14% or $51.8 billion) in March as American demand for crude oil, computers automobiles and televisions propelled imports to a record
The Bloomberg Consumer Comfort Index fell in the week ending May 6th to -40.4 as weaker job growth contributed to growing uncertainty about household finances.
Bank of England voted to halt its QE program as inflation worries persist.
The Bank of Spain yesterday confirmed the partial nationalization of Bankia after it was unable to repay €4.47B it owed the government.
Ahead of the Bell: Dow futures are trading up 24 points and S&P futures are trading up 6 points after the Euro Zone bailout fund approved a crucial payment to Greece. Also easing investor concern: Spain's new moves to clean up its banks. China reported disappointing trade data, however, keeping financial markets on edge.
On the economic calendar today, initial jobless claims will be out before the market opens and it is expected to be 366K compared with 365K. International trade for March will also be out before the market opens, it is forecasted to be $-49.0B versus $-46.0B for February. Import and export prices for April will be out during the morning and anticipated to be 0.2%, the previous month was 0.8%.
Federal Reserve Chairman, Ben Bernanke will be speaking via satellite at the 48th Annual Conference on Bank...
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