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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (90487)9/6/2010 7:17:14 PM
From: TideGlider  Respond to of 224708
 
They followed the US markets. As I write US market futures are down slightly.



To: Kenneth E. Phillipps who wrote (90487)9/6/2010 8:09:29 PM
From: Hope Praytochange1 Recommendation  Respond to of 224708
 
idiot odumba still bounces and sinks in deep shitpile



To: Kenneth E. Phillipps who wrote (90487)9/6/2010 8:40:11 PM
From: TideGlider  Read Replies (1) | Respond to of 224708
 
Futures drifted lower since my last post. Do you follow them Kenneth?



To: Kenneth E. Phillipps who wrote (90487)9/7/2010 8:13:24 AM
From: Hope Praytochange2 Recommendations  Respond to of 224708
 
Stock futures drop on renewed European banking concerns 09/07 04:54 AM

By Chuck Mikolajczak
NEW YORK (Reuters) - Stock index futures fell on Tuesday after reports on
the European banking system rekindled concerns about the financial health of
the region.
The Wall Street Journal reported the European bank stress tests to measure
the strength of major banks understated some lenders' holdings in
potentially risky government debt.
Separately, Germany's banking association said the country's 10 biggest
banks may need 105 billion euros ($141 billion) in additional capital as it
revamps regulations designed to prevent future crises.
Barclays Plc (BCS:$20.2800,$0.9700,5.02%) U.S.-traded shares dropped 5.4 pct
to $19.18 premarket, and Deutsche Bank AG's (DB:$64.6100,$1.0500,1.65%) ADRs
were down 2.7 percent to $62.85 in premarket trading.
U.S. banks were lower, with Bank of America Corp
(BAC:$13.5000,$0.2200,1.66%) shedding 1.4 percent to $13.31, and JP Morgan
Chase & Co losing 1.2 percent to $38.70.
"The apparently never-ending European debt crisis is coming back to visit
the markets and with it, will bring a bout of doubt," said Andre Bakhos,
director of market analytics at Lek Securities in New York.
"We were up three solid sessions to start the month of September. We are
looking now at a situation that may take some recent enthusiasm away."
Wall Street posted its best week in the last two months, bolstered by
stronger-than-expected economic data that had reduced fears of a double-dip
recession.
S&P 500 futures lost 5.5 points and were below fair value, a formula that
evaluates pricing by taking into account interest rates, dividends and time
to expiration on the contract. Dow Jones industrial average futures shed 41
points, and Nasdaq 100 futures fell 8 points.
Oracle Corp (ORCL:$22.92,00$0.44,001.96%) , the world's third-largest
software maker, said Monday it hired Mark Hurd, the former chief executive
of Hewlett-Packard Co (HPQ:$40.3400,$0.6600,1.66%) , as president. Hurd
resigned in August after a probe into sexual harassment allegations. Oracle
(ORCL:$22.92,00$0.44,001.96%) shares climbed 5.6 percent to $24.21 in
premarket trade.
The U.S. Justice department is looking into Google Inc's
(GOOG:$470.30,00$7.12,001.54%) takeover of airline ticketing software firm
ITA Software Inc on concerns the deal would exert too much influence on the
online travel industry, the Wall Street Journal reported.
Air Products and Chemicals Inc (APD:$78.0400,$0.8500,1.10%) raised its bid
for Airgas Inc (ARG:$66.6700,$0.5200,0.79%) to $5.5 billion, the latest
salvo in a hostile bid for its rival.
European shares fell 0.7 percent Tuesday to move below a key index
retracement level, with banks lower after a Journal report on European bank
stress tests.
Asian stocks dropped on caution over the global economy, with the Nikkei
average down 0.8 percent.
shithead kennyboy: rally ? bounce ? idiot odumba in deep shitpile



To: Kenneth E. Phillipps who wrote (90487)9/7/2010 3:02:28 PM
From: TideGlider2 Recommendations  Respond to of 224708
 
I consider it childish to say "I told you so"...so..remember what I told you?

World markets rally, Nikkei gains 2% - A good sign for economic recovery in September.

money.cnn.com



To: Kenneth E. Phillipps who wrote (90487)9/8/2010 7:54:01 AM
From: Hope Praytochange  Read Replies (1) | Respond to of 224708
 
US Stock Futures Lower Before Fed's Beige Book

By POLYA LESOVA

U.S. stock-index futures dropped on Wednesday, pointing to a second session of losses for Wall Street, as investors awaited a report from the Federal Reserve for more evidence on the health of the American economy.

Futures on the Dow Jones Industrial Average fell 25 points to 10313 and S&P 500 futures declined 2.9 points to 1088.30. Nasdaq 100 futures slipped 2 points to 1855.50.

The blue-chip Dow index dropped 1% on Tuesday, snapping a four-session winning streak.

"Most eyes will be on [the] publication of the Fed's Beige Book as a measure of the current economic outlook--which some fear will be less than optimistic," said Ben Critchley, London-based sales trader at IG Index, in a note to clients.

The Federal Reserve will release its Beige Book at 2 p.m., EDT. Consumer credit for July and a speech by Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, are also on the calendar.

The Bank of Canada is expected to announce its decision on interest rates.

In the energy sector, BP PLC (BP) is scheduled to release its internal investigation report on the causes of the Gulf of Mexico oil spill. Investors will be waiting to see where BP lays the blame for the disastrous spill.

Smithfield Foods Inc. (SFD) and Talbots Inc. (TLB) are among the companies scheduled to report quarterly results.

Most Asian stock markets ended lower on Wednesday, with Japan's Nikkei Stock Average index dropping 2.2%.

U.K. mobile telecoms giant Vodafone Group PLC (VOD, VOD.LN) said it's selling its entire 3.2% stake in China Mobile Ltd. (CHL) in a deal that will generate 4.3 billion pounds ($6.6 billion) before taxes and costs.

European stocks fell in intraday trading, once again pressured by worries over the health of the continent's banks. Also souring sentiment were data showing that Germany's exports dropped in July from the previous month.

The U.K. FTSE 100 index fell 0.7% in intraday trading, as shares of banking group Barclays PLC (BCS) slipped 3.4%.

The British pound gained 0.7% to $1.5446, buoyed by a report showing U.K. housing prices unexpectedly rose in August.
shithead kennyboy:idiot odumba sinking ?