Wednesday, March 5, 2008

usa market

The New York Stock Exchange opened up Wednesday, but the publication of a contraction of employment in the private sector in the United States weighs on the trend.

The Dow Jones takes 0.30% to 12249.95 points and the Nasdaq Composite garnered 0.27% to 2266.28 points.

According to the monthly survey of the firm Business Service ADP Employer Services, the American private sector has eliminated 23,000 jobs in February. The productivity was revised up slightly in the fourth quarter, +1.9% vs. 1.8% originally announced (annual rate). The unit cost of the workforce has increased by 2.6%, compared with a consensus of +2.1%.

Will be published at 16:00, orders to industry in January, durable goods orders in January, the ISM services February, and at 20:00, the publication of the beige book of the Fed.

Values to follow

According to the Wall Street Journal, the media group Time Warner is preparing to make a proposal on Yahoo. Citing people close to the case, the project would integrate AOL, the internet subsidiary of Time Warner, Yahoo.

Discussion appears on the verge of reaching for the refinancing of credit Ambac booster, according to the CNBC channel. A group of eight banks is preparing a plan to rescue the group. This is the week that the plan is mentioned, but for the moment, nothing has been announced. The other option to save the company, would be to split the guarantee of municipal funds, which did not suffer the crisis of "subprime" from the asset-backed securities such claims. The Financial Times says, however, that this solution, unlike other enhancers, is not contemplated by Ambac.

Sheryl went to the enemy. In charge of advertising sales at Google for six years, she moved to the general direction of Facebook. The site socialization announced his hiring Tuesday. Miss work for the development of the site, including sales, marketing, business development, but also human resources, the protection of private data and communication.

Costco reported Wednesday an increase in profit, to 327.9 million in the second quarter, equivalent to 74 cents per share. By way of comparison, it stood at 249.5 million, or 45 cents per title a year ago. BPA is in line with the consensus. Its sales grew by 7%, while analysts expected 6%.

Oracle has unveiled the date of publication of its results, but did not provide clues as to their nature. The software publisher has often benefited from these ads to issue warnings. Some analysts believe that this silence could mean the goals not met.

Endo Pharmaceuticals reported Tuesday its decision to commercialize the trans-Atlantic anti-inflammatory product Voltaren group Novartis. This decision should result in increased investment, which led him to revise its expectations for profit to decline in 2008. BPA now vary between 2.03 to $ 2.07, compared with 2.18 at 2.22 earlier.

Credit Suisse has spent his coverage to "outperform" on Dupont, from "neutral" on Monsanto. Credit Suisse unveiled its goal of course Dupont de Nemours to $ 57, compared to $ 131 for Monsanto.

AT & T has stated its intention to invest nearly a billion dollars in 2008 in the sphere of its activities networks for businesses abroad. The group also clarified that this investment was 33% higher than last year, in the same activity.

Pfizer launched its bid on Encysive Pharmaceuticals, a specialized laboratory in the treatment of pulmonary arterial hypertension.


0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Blogs Directory Activism Blogs - BlogCatalog Blog Directory Free Blog Directory Buzzer Hut | Promote Your Blog Blog Directory EatonWeb Blog Directory