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Fundamental News Summary
5
0
US Session News
Mon, Aug 24 2009, 20:22 GMT
by ecPulse.com analysis team
US Stock Market
The U.S stocks fluctuated within today’s session before closing mixed due to the plummeting of the financial shares after that SunTrust Banks Inc proclaimed that lenders are witnessing more credit losses and that the commercial real estate is forecasted to subside towards next year, however rising commodity prices helped the S&P 500 index to gain in early trading as energy shares rose today before the index finished today’s trading in red.
The Dow Jones Industrial Average index gained 3.32 points or 0.03% to close at 9509.28, The Standard & Poor’s 500 Index shed 0.56 points or 0.05% to close at 1025.57, The NASDAQ Composite Index lost 2.92 points or 0.14% to close at 2017.98.
General Motors may sign new business agreement…
The huge U.S automaker; General Motors, is forecasted to sign a new agreement for the sale of its sport model "Hummer" to a Chinese automobile-equipment corporation from Sichuan Tengzhong Heavy Industrial Machinery Co. that is based in Chengdu, knowing that negotiations for the deal will take place in Detroit by this week with GM, and the U.S automaker would not provide further details till the agreement is closed and completed, still the Hummer division will remain based in the world's largest economy.
Warner Chilcott acquisition plan…
Warner Chilcott Ltd; birth-control pills and acne medicine maker in Iran, plans on buying Procter & Gamble Co's Drug Unit for $3.1 billion as an upfront cash payment to acquire famous and rare drugs such as Actonel, Asacol and Enablex, which accordingly permitted the medical corporation shares to rise to their highest level in three years.
Published on Mon, Aug 24 2009, 20:23 GMT
Archive
- European Session News Summary
Published On Fri, Feb 5 2010, 17:07 GMT - European Session News Summary
Published On Wed, Feb 3 2010, 16:42 GMT - European Session News Summary
Published On Mon, Feb 1 2010, 16:30 GMT - US Session News Summary
Published On Fri, Jan 29 2010, 21:09 GMT - European Session News Summary
Published On Fri, Jan 29 2010, 16:24 GMT
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The content of ecPulse.com and any page in the website contain information for investors/traders and is not a recommendation to buy or sell currencies, stocks, gold, silver & energies, nor an offer to buy or sell currencies, stocks, gold, silver & energies. The information provided reflects the writers' opinions that deemed reliable but is not guaranteed as to accuracy or completeness. ecPulse is not liable for any losses or damages, monetary or otherwise that result. I recommend that anyone trades currencies, stocks, gold, silver & energies should do so with caution and consult with a broker before doing so. Prior performance may not be indicative of future performance. Currencies, stocks gold, silver &energies presented should be considered speculative with a high degree of volatility and risk.Related reports
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