BMW misses profit estimate
BMW misses profit estimate
FRANKFURT (Reuters) – BMW, the world’s largest premium carmaker, reported third-quarter pretax profit that fell far short of market expectations amid a strong euro and higher raw material costs, sending its shares sharply lower.
Source: feeds.reuters.com
Greenspan, King see more pain for banks, U.S.
LONDON (Reuters) – Central bankers past and present warned on Tuesday of more pain to come for the U.S. economy and that banks worldwide could take several months yet to reveal their full losses from U.S. subprime mortgage lending.
Source: feeds.reuters.com
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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