Director of Amsterdam Marketing Frans van der Avert sounds the gong to mark the opening of Amsterdam 2013.
Amsterdam will celebrate many remarkable milestones in 2013. The Rijksmuseum will open, Artis will celebrate its 175th anniversary, and the Amsterdam Canal Ring marks 400 years of existence. The festive year kicks off on the weekend of 12 & 13 January.
Stocks rose, after slumping the last two days, as investors became more optimistic that corporate earnings will grow following Alcoa’s strong top line results. With no major economic data released to the market today, financials lagged while healthcare stocks were bid higher. Tomorrow, investors will digest jobless claims numbers, wholesale inventory data and more corporate earnings. The Dow closed up 61.66 to 13,390.51.
German industrial production rose 0.2% in November; economists were estimating an expansion of 1.0%.
The Mortgage Bankers Association announced that mortgage applications increased by 11.7% last week. The refinance index rose 12% and the purchase index rose 10%. Both indexes dropped last week by 20% and 15% respectively.
Quaker Chemical Corporation (NYSE: KWR), led by Chairman, CEO and President Michael Barry and members of the company's leadership team, will visit the New York Stock Exchange (NYSE) on Wednesday, January 9th to commemorate the company's 95th anniversary of founding. To highlight the occasion, Mr. Barry will ring the NYSE Closing Bell.
About Quaker Chemical Corporation:
Quaker Chemical is a leading global provider of process fluids, chemical specialties, and technical expertise to a wide range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans, and others. For nearly 100 years, Quaker has helped customers around the world achieve production efficiency, improve product quality, and lower costs through a combination of innovative technology, process knowledge, and...
On Wednesday 9th January 2013, the online broker Binck.fr invited two retail investors to visit the market surveillance room of NYSE Euronext. They rang the closing bell to close the European markets in Paris. The two retail investors were chosen having won a game organised during the Actionaria retail fair in November 2012.
Binck.fr allows retail investors to invest in 21 financial markets on all financial products. Binck.fr is counted in the top 3 online brokers in France with more than 1 million orders executed per year.
Breakfast Bites: Earnings optimism abounds as Alcoa kicked of the 4th quarter season with sales that exceeded projections
Mortgage Applications in the U.S. rebounded last week by 11.7% after three straight declines as purchases and refinancing advanced
Alcoa reported a Q4 net profit of $242M from a loss of $191M a year earlier, while EPS of $0.06 was in line with forecasts. Revenue slipped 1.7% to $5.9B but beat consensus. The company also forecast that global aluminum demand will grow 7% in 2013, up from 6% in 2012
German industrial production rose 0.2% on month in November vs. -2% in October but the growth was below consensus of +1%.
The U.K. trade deficit narrowed to £9.164 billion in November, largely owing to a 2.9 percent boost in exports – the largest since July.
Technically we see resistance in the S&P at 1468 / 1472. Support looks like 1448/1452