Ahead of the Bell

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Parasnand Madho
22 nov, 2011 | 08:55 AM
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Ahead of the Bell: Dow futures are trading up 4 points and S&P futures are trading up 2 points following the previous trading sessions sharp losses. The Congressional super committee confirmed it has abandoned plans to cut the federal deficit, as lawmakers were unable to resolve a dispute over taxes and spending.  Ratings agencies Standard & Poor's and Moody's said they have no plans to further cut the nation’s credit rating based on the committee's decision. ...
Parasnand Madho
21 nov, 2011 | 08:59 AM
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Ahead of the Bell: Dow futures are trading down 167 points and S&P futures are trading down 19 points after reports suggest the Congressional "super committee" is set to report they have failed to reach an agreement between the 12-member bipartisan group on their attempts to find a minimum of $1.2 trillion in savings over the next 10 years.  Moody's Investor Services is warning, France is adding to the worries of the EU debt crisis.  Spain's new Prime Minister, Mariano Rejoy is under pressure to give details of a plan to solve his nations debt crisis.< ...
Parasnand Madho
18 nov, 2011 | 08:52 AM
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Ahead of the Bell: Dow futures are trading up 104 points and S&P futures are trading up 14 points. Europe will once again be in focus, as surging borrowing cost for several EU members is adding pressure on Germany and France to settle their differences on how involved the ECB should be in backstopping the debt crisis. ECB President, Mario Draghi said Euro zone governments should not waste any time in bolstering the region’s rescue fund, Europe is running out of options to resolve the sovereign debt crisis. ...
Parasnand Madho
17 nov, 2011 | 08:55 AM
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Ahead of the Bell: Dow futures are trading down 29 points and S&P futures are trading down 4 points following the sell off from the previous trading session. Spanish and French bond yields will be in focus today, as Germany and France are at odds over whether the ECB should intervene more forcefully to stem the debt crisis in the Euro zone. France wants the central bank to be more involved as it faces rising borrowing costs and a threat to its AAA credit rating. ...
Parasnand Madho
16 nov, 2011 | 08:57 AM
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Ahead of the Bell: Dow futures are trading down 70 points and S&P futures are trading down 8 points following the previous trading sessions modest gains. The focus will be on Dell, after the company reported lower than expected 3rd quarter earnings, and said full year results could be hurt by an industry-wide shortage of hard drives. Europe will also be in focus, as ECB officials continue to reject calls from the international community to halt the spreading of a sovereign debt crisis in the region. Italy is expected to unveil its new government today. ...
Parasnand Madho
14 nov, 2011 | 08:59 AM
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