Greece

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Charles Brown
9 Mar, 2012 | 11:32 AM
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Breakfast Bites: Equities are gaining for a 3rd consecutive session after the Government reported that the U.S. economy added more jobs than expected during February continuing to raise optimism about the health of the economy. In addition there was relief that Greece secured enough debt swap commitments to avoid a default. ...
Parasnand Madho
9 Mar, 2012 | 09:04 AM
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Ahead of the Bell: Dow futures are trading up 2 points and S&P futures are trading down 2 points after Greece was able to clinch a deal with private bond holders and avoid a messy default. Private creditors will receive new debt for old bonds with a lower face value.  Economists though, are not convince Greece can sustain such deep austerity cuts. China reported annual consumer inflation slowed in February to a 20 month low, allowing the government more wiggle room with its monetary policy. ...
NYSE Staff
8 Mar, 2012 | 12:27 PM
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NYSE Euronext
8 Mar, 2012 | 12:27 PM
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Charles Brown
8 Mar, 2012 | 10:55 AM
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Breakfast Bites: US Markets are trading higher this morning taking their cues from Europe as there is overwhelming optimism that the Greek debt swap will be completed successfully. Indications are that investors holding 60% of Greek government bonds eligible for swap, have indicated they will take part Challenger Job cuts increased by 2% from a year earlier The number of Americans filing claims for jobless benefits rose to 362,000 last week, a level consistent with an improving labor market ...
Parasnand Madho
8 Mar, 2012 | 09:00 AM
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Ahead of the Bell: Dow futures are trading up 90 points and S&P futures are trading up 10 points on investor optimism that Greece has moved a step closer to completing its complex bond swap program with private holders. ...