Wall Street enjoys lower unemployment

The rebound from last night continues, reinforced by the unemployment figures, fell to 14.30, and better than expected. At the opening, the Dow Jones allows itself to 0.08% 10,061 points, the Standard & Poor's 500 and Nasdaq 100 0.25% advance respectively to 1058 and 0.26% points to 2147 points.

On Thursday, the jobless claims fell more than expected in the U.S. after three weeks of increases, said Thursday in Washington, the Labor Department, which identified 473,000 new requests for allocations from August 15 to 21.

Wednesday on Wall Street's rebound has been sketched primarily due to buying cheap and the results of Toll Brothers and American Eagle Outfitters, welcome. The Dow Jones climbed 0.20% to finally 10 060 points, while the Nasdaq took up 0.84% to 2142 points.

The U.S. Department of Commerce on Wednesday, new home sales in the U.S. for the month of July 2010 have yet to set seasonally adjusted rate of 276 thousand units, the lowest in history, against a consensus site close to 340 thousand. Orders for U.S. durable goods for the month of July 2010 have certainly increased 0.3%, but the consensus was expecting 2.5%.

GDP Friday

Tomorrow, Friday, that the most crucial indicator will be unveiled: the second estimate of GDP growth in the second quarter.This risk, with a sharp drop early in the indices plunge into turmoil.

Dell opts for 3PAR

On the corporate side, Ford (0.71% to 11.40 dollars), the two groups comes as U.S. automaker to announce, with the Japanese Mazda, an investment of 350 million dollars (273 million euros), through their joint venture AutoAlliance Thailand (AAT), for the equipment of a factory in Thailand pick-up of new generation Guaranteed payday loans.

Wal-Mart Stores (-0.17% to 51.46 dollars), has asked the U.S. Supreme Court to halt a massive partnership action brought by female employees, court documents show Wednesday.

Dell (0.53% to $ 11.85) raised its offer Thursday on the data storage company 3PAR (-1.38% to 26.39 dollars) to 24.30 dollars per share, a superior proposal to one presented by Hewlett-Packard (0.59% to 38.47 dollars). 3PAR has accepted.

Guess picks

The apparel retailer Guess (-9.16% to 34.73 dollars) on Wednesday reported a profit above expectations, but its forecast of annual results is lower than what analysts predicted so far. In the second quarter, Guess reported earnings per share of 72 cents against 68 cents expected by analysts.

The Cosmopolitan of Las Vegas, which plans to open 2,000 rooms of its Las Vegas Strip in mid-December, has teamed up with hotel chain Marriott International (1.27% to 32.57 dollars).

The world's leading online distribution Amazon.com (+0.29% to 127.22 dollars) announced Wednesday night that most pre-orders for the third generation of his "reading light" electronic Kindle was last soon the first month of opening bookings.

The U.S. giant Apple (0.58% to 244.3 dollars) on 1 September should submit a new version of its iPod media player. Rumors report that the group at the apple could announce a revival of his TV project.

Novell Inc. will release its results after market. And Tiffany, in the night.

Posted by admin

No Comments Yet - You can be the first to comment!

Sorry, comments for this entry are closed at this time.