Stocks ended lower today after a ten session advance as investors digested mixed economic reports. The dollar fell on word that the Federal Reserve will pursue its aggressive monetary campaign despite signs the U.S. economy is strengthening.
On the economic front, the Consumer Price Index jumped 0.7% after no change in January. Higher gasoline prices were the main culprit.
The Empire State index came in at 9.24, well above zero which indicates monthly growth in the New York manufacturing sector. However, that's slightly slower than February's 10.04.
Manufacturing in February improved sharply, (+0.7%) in February, indicating that it may be making a comeback after a soft January.
Consumer Sentiment is surprisingly low this month, to 71.8 vs. a roughly 79 level during the last two weeks of February. The weakness is in the expectations component which fell 8.5 and is the lowest reading since the third quarter of...
Executives and guests from Diageo and Guinness will visit the New York Stock Exchange on Friday, March 15 to celebrate St. Patrick’s Day and Diageo’s iconic Irish brands: Guinness, Bushmills, Baileys, Harp, Smithwicks and Kilkenny.
To mark this special occasion, Diageo North America CFO Greg Kryder and Diageo-Guinness USA President, Sheila Stanziale, will ring the Closing Bell.
DIAGEO PLC (NYSE: DEO)
Diageo (Dee-AH-Gee-O) is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, beer and wine. These brands include Johnnie Walker, Crown Royal, JεB, Windsor, Buchanan’s and Bushmills whiskies, Smirnoff, Cîroc and Ketel One vodkas, Baileys, Captain Morgan, Jose Cuervo, Tanqueray and Guinness.
Diageo is a global company, with its products sold in more than 180 countries around the world. The company is listed on both the...
On Friday 15 March 2013, Onno Verstegen, Member of the Board of Directors of Delta Lloyd NV and Désiré Collen, Chairman of Thrombogenics rang the Closing Bell at NYSE Euronext Brussels to celebrate their entry in the BEL 20. Other representatives of both companies were present as well.
Delta Lloyd Groep is a financial service provider and Thrombogenics is an integrated biopharmaceutical company. Both companies will replace Mobistar and Nyrstar in the Bel 20 as from 18 March 2013.
From The Trading Floor; Equities are trading in negative territory this morning, booking profits after 10 straight days of increases and after a measure of consumer confidence unexpectedly dropped for the month of February.
The consumer price index for February rose 0.7% on the month, slightly more than the 0.6% expected, and was up 0.2% if the food and energy components are excluded, in line with projections.
The Federal Reserve Bank of New York's Empire State index of manufacturing activity in March declined slightly to 9.24, while the index was expected to hold steady at 10
Industrial Production rose more than forecast (0.7%) in February as U.S. factories turned out more business equipment and motor vehicles
March University of Michigan Confidence drops to 71.8, the lowest level since December of 2011
The second round of stress tests revealed that the Federal Reserve sees "weaknesses" in...