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Parasnand Madho
11 Oct, 2011 | 07:57 AM
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Ahead of the Bell: Dow futures are trading down 27 points and S&P futures are trading down 4 points following the previous trading session’s sharp rally. Alcoa officially kicks off third quarter earnings season after the bell and investors will be looking to see the effects of the global economic slowdown. Sloviaka will vote today to ratify the Euro zone rescue fund, all 17 members have to approve the expansion of the EFSF for it to take effect. ...
Clarke Camper
6 Oct, 2011 | 04:08 PM
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Image via CrunchBase ...
Parasnand Madho
6 Oct, 2011 | 08:00 AM
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Ahead of the Bell: Dow futures are trading up 68 points and S&P futures are trading up 6 points on optimism European finance ministers are making progress in their efforts to help recapitalize the regions banks and stem the financial crisis in the Euro zone. According to the European Commission President, Jose Barroso is proposing coordinated action to recapitalize banks.   ...
Courtney Raio
4 Oct, 2011 | 04:58 PM
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Stocks rose, erasing earlier losses, following a report that EU officials were considering recapitalization of European banks. The equity markets turned positive after a strong rally in the late afternoon session. The FT reported European officials are having an ”increasingly shared view” that the region needs a coordinated approach to halt the sovereign debt crisis. ...
Parasnand Madho
4 Oct, 2011 | 08:04 AM
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Ahead of the Bell: Dow futures are trading down 114 points and S&P futures are trading down 12 points following the previous trading session’s sharp decline.  Banks and financial institutions will be in focus today after Franco-Belgian bank Dexia fell significantly in European trading on fears over exposure to Greek sovereign debt.  European finance ministers agreed at a meeting that Greece will have to wait until mid-November to receive the next round of rescue funds, adding more pressure on the government to tackle its debt obligations.  &n ...