Ahead of the Bell

Recent Posts

Parasnand Madho
27 Jun, 2011 | 08:23 AM
3,444 Views
Comments (1)
Image by Getty Images via @daylife ...
Parasnand Madho
24 Jun, 2011 | 08:25 AM
2,642 Views
Comments (1)
Image via Wikipedia ...
Parasnand Madho
23 Jun, 2011 | 08:18 AM
4,130 Views
Comments (1)
Image by TalkMediaNews via Flickr ...
Parasnand Madho
22 Jun, 2011 | 09:31 AM
3,410 Views
Comments (1)
Ahead of the Bell: Dow futures are trading down 24 points and S&P futures are trading down 3 points despite a vote of confidence by the Greek Parliament for Prime Minister George Papandreou. Traders are cautious as Prime Minister Papandreou has to follow through with harsher austerity measures, a prerequisite for additional financial aid by the EU and IMF. Pimco Co-CEO, Mohamed El-Erian, predicts Greece and other EU countries will default, and believes pouring money into debt laden countries like Greece is a waste of funds. ...
Parasnand Madho
21 Jun, 2011 | 08:24 AM
3,368 Views
Comments (1)
Ahead of the Bell: Dow futures are trading up 49 points and S&P futures are trading up 6 points on optimism that Greece will be able to avoid a default ahead of a confidence vote for Greece's Prime Minister George Papandreou. The Prime Minister is seeking harsher austerity measures in order to receive the next phase of bailout aid from the EU and IMF. However, credit ratings agency Fitch has said it would regard both a Greek sovereign debt swap and a voluntary rollover of maturities as a default. ...
Parasnand Madho
20 Jun, 2011 | 08:25 AM
2,687 Views
Comments (1)
Ahead of the Bell: Dow futures are trading down 55 points and S&P futures are trading down 6 points after EU finance ministers delayed the next installments of loans to Greece. European Union leaders said Greece has to implement stricter austerity measures before the next tranche of payments is delivered, some $17 billion. The ministers and the IMF said the funds will be delivered by mid-July, Greece has confirmed that is when the additional payments would be needed to avoid a default. ...