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Parasnand Madho
23 May, 2012 | 07:51 AM
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Ahead of the Bell: Dow futures are trading down 76 points and S&P futures are trading down 8 points following comments by former Greek Prime Minister, Lucas Papademos, that Greece has no choice but to stick with the stricter austerity measures, or exit the EU.  European leaders are meeting today to discuss the region’s debt crisis.  Computer manufacturers will be in focus today, after Dell Inc., forecast disappointing second quarter revenue, on weakness in US and European corporate spending, and declining consumer personal computer sales.&nbsp ...
Parasnand Madho
22 May, 2012 | 07:57 AM
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Ahead of the Bell: Dow futures are trading up 17 points and S&P futures are trading up 2 points on investors optimism that the euro zone will announce new measures to combat the debt crisis, and reports about Chinese infrastructure investment that will fast track approvals to address a slowdown in the economy.  Separately, the organization for Economic Co-operation and Development (OECD) is urging the US government to tighten the budget gradually, as it could affect the fragile recovery.  Fitch rating agency cut Japan's long term ratings to A+, with a ...
Parasnand Madho
21 May, 2012 | 08:07 AM
88,280 Views
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Ahead of the Bell: Dow futures are trading up 73 points and S&P futures are trading up 8 points. ...
Parasnand Madho
18 May, 2012 | 07:58 AM
88,885 Views
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Ahead of the Bell: Dow futures are trading up 53 points and S&P futures are trading up 6 points despite Moody's Investor Service’s downgrade of several Spanish banks, and Fitch’s rating cut on Greece. ...
Parasnand Madho
17 May, 2012 | 07:54 AM
88,968 Views
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Ahead of the Bell: Dow futures are trading down 27 points and S&P futures are trading down 4 points as investors worry that a Greek exit from the euro zone might cause a domino effect, and drag other peripheral countries with it.  Greece's escalating crisis, and fears of contagion to other debt laden EU members, is rattling financial markets, after the ECB said it will temporarily stop lending to some Greek banks to limit risk.          ...
Parasnand Madho
16 May, 2012 | 07:54 AM
87,786 Views
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Ahead of the Bell: Dow futures are trading up 31 points and S&P futures are trading up 3 points despite renewed fears over Greece’s potential exit from the euro zone.  In a foreboding move, Greeks withdrew almost $1 billion from banks on Monday.  The country's political leaders will attempt again to form a caretaker government to guide the heavily indebted nation to a second election in about a month.            ...