Week in Preview: GDP, FOMC Meeting, Housing Data and Lots of Earnings
Filed under: Earnings Reports, Microsoft (MSFT), McDonald's (MCD), Caterpillar (CAT), American Express (AXP), Chevron Corp (CVX), Economic Data, United Technologies (UTX), Federal Reserve, General Dynamics Corp (GD)With earnings season in full swing, t...
Case-Shiller Index Data Shows Home Prices Are Falling
Filed under: Economic Data, Housing, RecessionAccording to Standard & Poor's (S&P) Case-Shiller home price index, home prices are falling faster in the nation's largest cities.
The index dropped 0.6% in September compared to August (some are re...
Week in Preview: Tyson Foods, Analog Devices, Deere Serve Up Earnings
Filed under: Earnings Reports, Forecasts, Hewlett-Packard (HPQ), Campbell Soup (CPB), Tyson Foods'A' (TSN), Economic Data, Deere and Co (DE), Federal ReserveAmong the quarterly results scheduled for this holiday-shortened week, investors may be thankfu...
Case-Shiller Index Adds Bearish Momentum to the Market
Filed under: Economic Data, Housing, RecessionTuesday morning started off on a bearish note, which intensified after the latest news release from the S&P/Case-Shiller home price index. The index reported that home prices dropped 0.2% during August,...
Week in Preview: New Earnings Season, Employment Data and More
Filed under: Earnings Reports, Forecasts, PepsiCo (PEP), Alcoa Inc (AA), Yum Brands (YUM), Marriott Intl'A' (MAR), Economic DataAlcoa (AA), Marriott (MAR) and Yum! Brands (YUM) kick off the new earnings season this week. Analysts surveyed by Thomson Re...
New Home Sales Fall to Record Low in July
Filed under: Economic Data, Housing, RecessionWednesday morning got off to a slow start for the market as a whole, and the July home sales report didn't going to help matters much. According to the Commerce Department, new home sales plummeted 12.4% in...
US housing: bad to worse, then worse again
We said on Monday to expect more bad news from the US housing market, but we didn’t know it would get so bad so quickly.Following Tuesday’s awful existing home sales numbers,...
Risk off, tin hat on
The risk switch was firmly flicked to “off” on Tuesday afternoon, following weaker than expected US housing data. Much weaker than expected. Sales of existing homes...
Oil Prices Rebound Despite Bearish Inventory Report
Filed under: International Markets, Good news, Russia, Middle East, Economic Data, Oil, Housing, Recession, Financial Crisis
Oil prices have rebounded from yesterday's sell off, despite a larger than...Closing Bell: Europe Still a Drag on the Market (C, ALU, MSFT, GENZ, AIG, IRE, NBG, BPOP)
Filed under: Citigroup Inc. (C), Amer Intl Group (AIG), Alcatel-LucentADS (ALU), Genzyme (GENZ)
Today was one of the days where the only way to know where it would really end up was to have a crystal ball or time machine with...New Home Sales Soar in March
Filed under: Forecasts, Good news, Housing, Recession, Financial Crisis
The housing market continues to improve, and March was a very good month for new home sales.New home sales were up by 26.9% during the...
Survey: Economic Recovery to Drag Through 2011
Filed under: Economic Data, Recession
According to an Associated Press survey of leading economists, jobs and home values will stay unstable into 2011. The survey indicates that the recovery is going to continue trudging along through the year, which should prompt...
