October, 2007
Uncategorized - October 30, 2007 15:00
P&G and Colgate post double-digit earnings increases
P&G and Colgate post double-digit earnings increases CHICAGO (Reuters) – Household and personal care products leaders Procter & Gamble Co and smaller rival Colgate-Palmolive Co both posted double-digit quarterly profit increases on Tuesday, helped by cost cuts, the weaker dollar and sales of new items. Source: feeds.reuters.com
Market opens down as rate cut questioned (Reuters)
Market opens down as rate cut questioned (Reuters) Reuters – Stocks opened lower on Tuesday after a Wall Street Journal article cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday. Source: news.yahoo.com
Oil prices fall from record high
VIENNA, Austria – Oil prices dropped Tuesday from a record high in the previous session on the view that the disruption of a fifth of the oil production by Mexico’s state oil company is only temporary. Still, a weak dollar and perceptions of tight Read More…
FTSE rally fades on profit taking
FTSE rally fades on profit takingMining stocks dragged the FTSE lower. The index was down 0.7 per cent to 6,659.3, a fall of 45.7 points.Source: www.ft.com
Oil falls from record highs as investors take profits
Oil falls from record highs as investors take profits LONDON (Reuters) – Oil fell more than a dollar on Tuesday, as profit-taking pulled the market down from record highs set in response to a Mexican supply shut-down and a weak dollar. Source: feeds.reuters.com
Futures flat over Fed rate cut uncertainty (Reuters)
Futures flat over Fed rate cut uncertainty (Reuters) Reuters – Stock index futures pointed to a flat market open on Tuesday after a Wall Street Journal article cast doubt on the chances of a Federal Reserve interest rate cut on Wednesday. Source: news.yahoo.com
DJ UC Rusal to invest $2 bln in aluminium production in Vietnam
Extract not available. Read More…
Pundit Rogers sees ‘incipient bubble’ in China
Pundit Rogers sees ‘incipient bubble’ in China Jim Rogers, the investor and author acknowledged that there were not a lot of options for foreign investors wanting to buy assets on the Chinese mainlandSource: www.ft.com
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