Good afternoon, I’m Courtney Woodworth and you’re watching Smartrend News. Today is Thursday February 2nd, 2012 and this is your market close wrap up. US equity indices closed mixed Thursday as 367000 jobless claims were reported, versus the expected 317000.
Themajor US equity indices closed mixed Friday as US gross domestic product in the fourth quarter 2011 proved to be the strongest of the year with the economy extended at a 2.8% annualized pace. In corporate news, Ford (NYSE:F) reported Q4 EPS of $0.20, well below estimates of $0.25. The company reported Q4 revenues of $34.6 billion, beating estimates of $33.51 billion. While Procter & Gamble (NYSE:PG) reported Q2 EPS of $1.10, topping consensus estimates of $1.08. Revenues in the quarter came in at $22.14 billion vs.
02:43 – CES Travel 06:17 – CES/Las Vegas Impressions 08:55 – Comcast 11:32 – CES Content 12:48 – Apple Store Shopping 17:00 – Brian’s First CES 23:57 – Working CES 29:36 – YouTuber Party 37:04 – CES Product Highlights 53:01 – CES Tips 58:52- Apple’s iBooks 2, iTunes 2, iBooks Author 01:01:50 – Creating iBooks 01:03:35 – iTunes U 01:07:07 – SOPA/PIPA 01:10:58 – MegaUpload This week we review last week’s gluttony of tech that is CES. Also this week Apple announced some new initiatives for the education market with iBooks and iTunes U. CES 2012 Video Playlist: www.youtube.com Follow us on Twitter: Mike – www.twitter.com Brian – www.twitter.com
The major US equity indices closed lower Friday as the S&P downgraded a number of European sovereigns, including France. The futures dropped during the pre-market trading session following rumors of an S&P downgrade of the euro zone nations. In corporate news, Eastman Kodak (NYSE:EK) is currently in advanced talks with Citigroup (NYSE:C) to attain financing that would be used if the money-losing photography company files for bankruptcy protection.
A snapshot of the Market Wrap Up covering Stocks, Bonds, FX, etc.
Good Afternoon, I’m Mari Fagel and you’re watching Smartrend News. Today is Friday January 6, 2012 and this is your market close wrap up. The major US equity indices closed mixed Friday on positive economic news and continuing European debt troubles. The Labor Department says 200000 jobs were added in the month of December while the unemployment rate fell to 8.5% from a 8.7% a month earlier.
usawatchdog.com – First, Iran threatened to shut down the Strait of Hormuz. Now, it is threatening the US Navy if it brings aircraft carriers back to the Persian Gulf. As much as 40% of the world’s crude oil is shipped through the Strait every year. It is a narrow passageway on Iran’s Southern coast.
A snapshot of the Market Wrap Up covering Stocks, Bonds, FX, etc.
Good Afternoon, I’m Alison Kero and you’re watching Smartrend News. Today is Friday, December 16th and this is your Market Close Wrap up. The major US equity indices closed mixed Friday as stocks struggled this week, finishing down 3% and Euro zone nations were downgraded by a ratings firm. Fitch reassessed its outlook on the Euro zone today and downgraded it from stable to negative.
Themajor US equity indices closed lower Wednesday after gold fell nearly 5% as concerns over Europe still keep the market in the red. Gold fell below the $1600 level for the first time in nearly three months, settling in at $76.20 an ounce. The decline blew the yellow metal past some long-held technical levels, which then exacerbated the selloff. Sliver futures closed down 7% and copper lost nearly 5%. And, the regulatory arm of CME Group (NYSE:CME) turned over interviews to the Justice Department that allege that former MF Global head Jon Corzine knew that the now-bankrupt firm used customer money to lend to a European affiliate.