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Trading on Jean-Claude Trichet's Eurozone Comments (VGK, EPV)
Wednesday, March 23, 2011 - 7:01am | 296President of the European Central Bank Jean-Claude Trichet said that much more remains to be done to prevent another financial crisis but that Europe was already halfway through the needed structural reforms. The comments from Trichet came just weeks after Moody's Investors Service downgraded the...
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US Stock Futures Down After Worse-Than-Expected Chinese Trade Data; Moody's Cut Spain's Government-Bond Rating
Thursday, March 10, 2011 - 6:15am | 510US stock futures are lower this morning, after the drop in Asian and European markets, due to worse-than-expected Chinese trade data. Futures on the Dow Jones Industrial Average dropped 52 points to 12,122.00 and futures on the S&P 500 stock index fell 7.50 points to 1,307.90. Nasdaq 100...
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How To Trade Moody's Greek Debt Rating Cut (VGK, EPV, NBG, CCH)
Monday, March 7, 2011 - 8:08am | 369Moody's Investors Service announced on Monday that it lowered Greece's debt rating three levels from Ba1 down to B1; a move that comes among increasing concerns over sovereign debt problems faced by many Euro-zone countries. Moody's cited the Greek government's tax collection difficulties and...
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US Stock Futures Signal Lower Start On Wall Street, Libya Unrest Continues
Tuesday, February 22, 2011 - 6:41am | 350US stock futures are lower this morning as unrest continued in the major oil-producing state of Libya. Futures for the Dow Jones Industrial Average tumbled 100 points to 12,275.00, while those for the S&P 500 index dropped 16.6 points to 1,325.60. Futures for the Nasdaq 100 declined 36 points...
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Stocks To Watch For February 14 (MAR, PG, EBAY, MGM, JWN, A)
Monday, February 14, 2011 - 12:43am | 232Some of the stocks that may grab investor focus today are: Wall Street expects Marriott International Inc (NYSE: MAR) to report its Q4 EPS at $0.36 on revenue of $3.59 billion. MAR shares dropped 0.08% to $41.18 in after-hours trading. Procter & Gamble Co (NYSE: PG) named Meg Whitman, ex-CEO of...