Tuesday, February 7, 2012

Archive for April, 2010

U.S. economy expands as consumers boost spending

Friday, April 30, 2010 18:29

WASHINGTON (Reuters) - The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as consumers increased spending at the fastest pace in three years, the strongest sign yet a sustainable recovery may be taking hold. ...

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Wall St sinks on Goldman, chipmakers weigh

Friday, April 30, 2010 18:25

NEW YORK (Reuters) - U.S. stocks fell on Friday as Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse, prompting investors to unload bank shares.

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Chevron profits rise, top Wall St view

Friday, April 30, 2010 18:04

SAN FRANCISCO/NEW YORK (Reuters) - Chevron Corp's quarterly profit more than doubled, beating forecasts, as a bounce in oil prices offset lower refinery earnings at the second-largest U.S. oil company.

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GLOBAL MARKETS – Goldman probe hurts stocks; euro extends gains

Friday, April 30, 2010 17:01

NEW YORK (Reuters) - U.S. and European stocks fell on Friday as news of a criminal investigation into Goldman Sachs weighed on bank shares, while the euro rose broadly on hopes Greece may secure financial aid in the next few days. ...

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World stocks, euro rise on hopes for quick Greek aid

Friday, April 30, 2010 15:03

LONDON (Reuters) - Global equities edged higher and the euro rose on Friday as Greece readied new austerity measures to secure a multi-billion-euro aid package that could be announced in coming days, but caution reined in gains. ...

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Shanghai opens Expo with dazzling display

Friday, April 30, 2010 14:46

SHANGHAI (Reuters) - Shanghai officially opened its multi-billion-dollar Expo on Friday with a dazzling display of fireworks, lasers and dancing fountains, amid tight security and the virtual shutdown of its main Pudong financial district.

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India’s April gold imports down; first fall this yr

Friday, April 30, 2010 13:57

NEW DELHI (Reuters) - India's gold imports in April was between 34 and 37 tonnes, down from last year's 49.8 tonnes, recording the year's first monthly fall, the head of Bombay Bullion Association (BBA) said on Friday citing provisional data. ...

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U.S. economy grows 3.2 pct in Q1

Friday, April 30, 2010 12:37

WASHINGTON (Reuters) - The U.S. economy grew at a slightly slower-than-expected pace in the first quarter, held back by inventories and exports, but resurgent consumer spending offered evidence of a sustainable recovery, a government report showed on Friday. ...

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Sugar plunge squeezes margins; Time to sell?

Friday, April 30, 2010 10:11

MUMBAI (Reuters) - Indian sugar stocks have underperformed the broader market since the beginning of 2010 as investors dumped shares on concerns a more than one-third fall in sugar prices will hurt profitability.

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Gold hits 2010 high as debt concerns linger

Friday, April 30, 2010 9:39

LONDON (Reuters) - Gold hit a 2010 high above $1,170 an ounce in Europe on Friday, fuelled by euro strength and investors continuing to embrace the metal's safe-haven properties on unease over euro zone sovereign debt levels. ...

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