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Parasnand Madho
24 Feb, 2012 | 08:57 AM
75,332 Views
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Ahead of the Bell: Dow futures are trading up 29 points and S&P futures are trading up 3 points as the euro hits fresh highs against the dollar and global markets rally.  However, concerns over rising oil costs and the implementation of the Greek rescue plan continue to temper enthusiasm. G20 finance leaders will be meeting this weekend in Mexico with European sovereign debt at the top of the discussion list. ...
Parasnand Madho
23 Feb, 2012 | 08:59 AM
75,197 Views
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Ahead of the Bell: Dow futures are trading up 15 points and S&P futures are trading up 2 points after German business confidence rose more than expected and boosted expectations of avoiding a recession.  However, the European Commission warned economic output for the 17 member union will shrink, which may force the EC to revise its forecast. Computer makers will be in focus today following Hewlett Packard's disappointing 4th quarter earnings results and lowered guidance. ...
Parasnand Madho
22 Feb, 2012 | 08:51 AM
75,829 Views
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Ahead of the Bell: Dow futures are trading down 5 points and S&P futures are trading down 2 points following reports that manufacturing in China may shrink for a fourth month in February, and Europe’s services and manufacturing output unexpectedly declined.  Tech companies will be in focus after Dell reported weak earnings and downside guidance.   ...
Parasnand Madho
21 Feb, 2012 | 08:54 AM
74,608 Views
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Ahead of the Bell: Dow futures are trading up 41 points and S&P futures are trading up 3 pointsafter European leaders agreed to provide Greece with an additional 130 billion euros to avoid a chaotic default, and better than expected earnings from Walmart and Home Depot.  The agreement is a step in the right direction, but it only takes the country's debt level back down to when the crisis first started.  The agreement reduces Greek debt from 160% of GDP to 120% of GDP by 2020, which will drive the debt laden nation dee ...
Parasnand Madho
17 Feb, 2012 | 08:51 AM
73,349 Views
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Ahead of the Bell: Dow futures are trading up 39 points and S&P futures are trading up 2 points on strong earnings and economic data out of China along with optimism Greece is edging closer to securing its second round of bailout funds.  According to reports, if a deal is not reached in time for the March 12 deadline, Germany plans to provide a bridge loan for the debt laden nation to repay bond redemption.  The ECB also plans to swap Greek debt for new bonds after the deal is completed. ...
Parasnand Madho
17 Feb, 2012 | 08:51 AM
73,645 Views
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Ahead of the Bell: Dow futures are trading up 39 points and S&P futures are trading up 2 points on strong earnings and economic data out of China along with optimism Greece is edging closer to securing its second round of bailout funds.  According to reports, if a deal is not reached in time for the March 12 deadline, Germany plans to provide a bridge loan for the debt laden nation to repay bond redemption.  The ECB also plans to swap Greek debt for new bonds after the deal is completed. ...