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Charles Brown 22 Feb 2012 | 11:14 AM 110,431 views

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Charles Brown
22 Feb, 2012 | 11:14 AM
110,431 Views
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Breakfast Bites:  Equities are mixed this morning, currently trading between negative and positive territory on continued concerns over a recession in Europe after some weak economic reports  The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 4.5% in the week ended Feb 17. Sales of previously owned U.S. homes rose in January by 4.3%, the highest level since May 2010 ...
Parasnand Madho
22 Feb, 2012 | 08:51 AM
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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.   ...
Charles Brown
21 Feb, 2012 | 11:08 AM
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Breakfast Bites: Equities are trading mixed this morning with the S&P 500, at one point, reaching levels above its highest close since 2008 as Greece won a second bailout……….finally. Of course as soon as the deal was agreed to, investors expressed caution over whether the bailout deal has actually solved Greece's debt problems. Euro zone finance ministers sealed a 130-billion-euro bailout for Greece to avert a chaotic default next month after forcing Athens to commit to unpopular cuts and private bondholders to accept deeper losses. ...
Parasnand Madho
15 Feb, 2012 | 08:58 AM
72,624 Views
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Ahead of the Bell: Dow futures are trading up 72 points and S&P futures are trading up 8 points after Germany and France both reported better-than-expected GDP figures.  In the US, lawmakers agreed on a tentative deal to extend the pay roll tax and long-term jobless benefits with the aim of boosting the recovery.  EU finance ministers have cancelled a face to face meeting with Greek leaders, saying the government is not committed to the necessary reform. ...
Charles Brown
10 Feb, 2012 | 11:07 AM
106,344 Views
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Breakfast Bites:The “song remains the same” today with Greece again dominating headlines as Euro-zone finance ministers didn't approve a second bailout that Greece needs to stay afloat, saying Greece's parliament must first approve the new austerity measures before they will sign off on the loan deal. In addition some unions in Greece have protested some of the austerity measures proposed by the government, going on a 48 hour strike. ...
Parasnand Madho
10 Feb, 2012 | 08:57 AM
70,059 Views
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Ahead of the Bell: Dow futures are trading down 80 points and S&P futures are trading down 11 points. China reported trade numbers in January fell the most since 2007, adding to fears global demand is slowing.  Euro zone finance ministers are demanding further austerity measures from Greece before they approve the next round of rescue funds, causing further anxiety over the regions debt crisis. ...