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Courtney Raio
25 Jan, 2012 | 06:21 PM
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Markets reversed their course and ended in positive territory thanks to the FOMC statement that interest rates, kept unchanged at 0.25%, will likely stay extremely low until 2014 which is later than the original forecast of mid-2013. ...
Parasnand Madho
25 Jan, 2012 | 08:58 AM
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Ahead of the Bell: Dow futures are trading down 55 points and S&P futures are trading down 5 points.  Fourth quarter earnings season continues after tech giant, Apple's, fiscal first quarter results blew past analyst expectations.  According to reports, Greece's private sector creditors are meeting today to determine their next steps to refinance the countries huge debt, after the EU rejected their proposal for a 4% coupon interest rate swap on existing bonds. ...
Courtney Raio
24 Jan, 2012 | 06:21 PM
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Markets were mixed after talks to resolve the Greek debt crisis faltered when euro zone officials rejected a final offer from the country's private bondholders. Disappointing guidance from Johnson & Johnson and Travelers weighed on the Dow. Domestically, eyes are on the State of the Union Address this evening as well as the FOMC Rate decision expected tomorrow.  Expectations are that there will be no change to interest rates currently at 0.25%. ...
Parasnand Madho
20 Jan, 2012 | 08:57 AM
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Ahead of the Bell: Dow futures are trading up 2 points and S&P futures are trading down 2 points, after better than expected 4th quarter earnings results from GE, IBM, Intel, and Microsoft.  However, Google reported disappointing results after the close yesterday citing a decrease in online advertising.  Reports indicate China's manufacturing activity fell in January for a third month in a row, suggesting that the Chinese government will keep its pro-growth policies in place. ...
Courtney Raio
13 Jan, 2012 | 05:53 PM
79,504 Views
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Markets were down all day but closed off their lows on rumors that S&P was close to downgrading its credit ratings on several European nations, including France, Italy and Spain. JPMorgan Chase reported its Q4 results that missed on revenue which added to the downward market moves. ...
Courtney Raio
11 Jan, 2012 | 05:49 PM
78,259 Views
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Europe's dominos ...