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US Dollar Faces Another DownBy admin on August 22nd, 2009 | No Comments
The US dollar ended this past week in a instable position. After four consecutive days of selling pressure, the greenback once again finds itself within arm’s reach of its yearly lows. The market has flirted with renewing the dollar’s bear trend for nearly two months now. It is only a matter of time and speculation before the world’s reserve ... -
US Commercial Property Values FallBy admin on August 19th, 2009 | No Comments
Commercial real estate values in the U.S. fell 27 % in the year through June and rents for offices, shops and warehouse space may continue to drop through 2010 . The Moody’s/REAL Commercial Property Price Indices fell 1 % in June and are down 36 % from their October 2007 peak, Moody’s Investors Service said in a report today. A rebound isn’t ... -
U.S. Stocks IncreasedBy admin on August 19th, 2009 | No Comments
U.S. stocks rose as energy shares increased on a rebound in oil and Merck & Co. led drugmakers higher after a judge upheld a patent, helping the market erase an early drop triggered by a drop in China shares. Southwestern Energy Co. and Murphy Oil Corp. led energy shares more high as crude rose after the Energy Department said U.S. inventories ... -
How to use American Depositary ReceiptBy admin on August 17th, 2009 | No Comments
An American Depositary Receipt (ADR) is a negotiable certificate that trades in the US whose underlying assets are shares in a foreign company. The American Depositary Receipt was introduced to facilitate the purchase of shares of companies in other countries. An American Depositary Receipt trades on US stock markets as a regular stock. A US bank i... -
U.S. Stocks Set For Weak OpenBy admin on August 17th, 2009 | No Comments
Stock-index futures pointed to a sharply weaker start for Wall Street on Monday, with an unexpectedly upbeat reading on manufacturing activity failing to assuage economic worries. Stock futures lightly pared losses after the New York State manufacturing index climbed to its highest level since Nov 2007, with the reading proving much better than ... -
In Q2 Bank of America lost money in U.S.By admin on August 8th, 2009 | No Comments
Bank of America Corp on Friday revealed that its U.S. operations lost money in the second quarter as the quality of consumer and commercial loans retreated. In its quarterly report filed with the U.S. Securities and Exchange Commission, the largest U.S. bank said it lost $255 million in the United States, and would have lost money elsewhere but for... -
US governers close 3 banks, total now 72By admin on August 8th, 2009 | No Comments
Bank regulators closed three banks on Friday, bringing the number of failures so far this year to 72 as the weakened economy takes its toll on the financial services sector. The Federal Deposit Insurance Corp estimated the three closures would cost its deposit fund a total of about $185 million. In 2008, 25 U.S. banks were collected by officials, u... -
U.S. Cuts Less Jobs Than ExpectedBy admin on August 8th, 2009 | No Comments
The U.S. unemployment rate decrease in July for the first time in 15 months as employers cut far fewer jobs than expected, giving the clearest mark yet that the economy was turning around from a deep decline of economy. U.S. employers radiated 247,000 jobs in July, the Labour Department said on Friday, the least in any month since last August, taki... -
Natural Gas Falls Most in Two MonthsBy admin on August 6th, 2009 | No Comments
Natural gas futures fell the most in two months after a government report showed a bigger than estimated rise in U.S. to buffer stock. Supplies in storage gained 66 billion cubic feet in the week ended July 31 to 3.089 trillion cubic feet, the Energy Department said. Analysts forecast a gain of 61 billion. The total was a record for late July, b...
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