Wall Street ended in negative territory
Weekend in the red at the NYSE. After an opening in the calm (+0.2%), the Dow Jones sank into the red (-0.36%) before closing on a decline of 0.38%. The Nasdaq also finished down 0.78%.
"The participants lack of enthusiasm, given the lack of news on the front of businesses and lack of economic indicator program," noted analysts at the financial website Briefing.com. The meeting should be led mainly by technical factors, with the simultaneous expiration of several types of options.
Prudent investors do not seem affected by the fears, renewed, Europe, for Greece.
The euro, penalized by these uncertainties Greek, lost 0.78% to 1.3504 dollar.The euro, which dropped below the 1.36 dollar remains under pressure and moving erratically for several weeks.
Palm collapses
The action of the mobile phone manufacturer Palm, is buffeted this Friday. The fall of 18.23% to 4.63 dollars. Investors punish new quarterly losses and forecast very pessimistic. Over the period from December to January, the manufacturer of Pre lost 22 million dollars, twice the previous quarter and more than expected by analysts.The revenue (almost $ 350 million) is better than expected, but because of poor consumer sales of its devices by the operators, it is expected to "less than" 150 million dollars, twice less previously anticipated fast cash without a hassle .
The largest bookseller in the United States, Barnes & Noble (-1.14% to 22.64 dollars) has announced that it would change the CEO. This is the current president of the group's website, William Lynch, who will replace Steve Riggio at the head of the company. The future leader has helped launch the electronic bookstore Barnes & Noble and he oversaw the launch of an electronic book reader called the Nook, a product designed to compete with the readers of e-books competitors, such as the Kindle or the 'iPad.
FedEx (-2.06% to 90.76 dollars) posted net earnings of $ 239 million, up 146% in the third quarter. Based on the number of shares, the result stood at 76 cents. The logistics group has exceeded its own targets, which ranged from 50 to 70 cents, and estimates of analysts, who on average expected a figure of 72 cents. The operating profit jumped 129% to 416 million dollars for an operating margin of 4.8% against 2.2% a year ago.
Aetna argues the document. The life insurer believes that its earnings per share in the first quarter will exceed the consensus Wall Street (66 cents) to 2.55 dollars, or $ 2.65. The action takes 3.67% to 34.45 dollars.
The U.S. aircraft manufacturer Boeing has announced that it would expedite the production of its 777 aircraft and 747 to meet the growing demand from customers. Sign that the aerospace market is recovering.The securities are 0.52% to 71.25 dollars after opening up over 2%.
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