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macy macon

Japan's Industrial Output Drops to Lowest Level Since 2011 Earthquake - 0 views

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    "Japan's industrial output dropped to its lowest level since the March 2011 earthquake, down 3.1 percent in May from the previous month. Automobile output was limited by weakness in European demand."
macy macon

Nike (NKE) Fiscal Q4 Net Drops Below Expectations Amid Higher Costs - 0 views

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    "Nike's earnings in the fiscal fourth quarter dropped 7.6 percent missing Wall Street expectations as a result of weaker gross margins and higher marketing costs tied to product launches and two key global sporting events."
macy macon

Consumer Spending in US Drops in May - 0 views

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    "The US economy is cooling off, which is evident from the government data released on Friday that showed consumers spent less in May and increased their savings. Personal spending dropped less than 0.1 percent in May, which represented the first decline since last November. "
macy macon

Consumer Sentiment Plunges to Lowest Level Since December - 0 views

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    "Consumer sentiment dropped in June to the lowest level since December as consumers are getting increasingly concerned about the staggering economic conditions. The gauge dropped to a final June reading of 73.2 from 79.3 in May, signifying the lowest level since December. "
macy macon

US 10-year Treasuries Drop but Growth Concerns Limit Dip - 0 views

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    "The US 10-year Treasuries dropped Tuesday in Asia but their fall was limited by data released the previous day that showed unexpected weakness in the US manufacturing sector. "
macy macon

Decline of 11 Percent in Foreclosure Filings in First Half of Year - 0 views

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    "The number of foreclosures in the first half of the year dropped by 11 percent. Bank repossessions also led to overall foreclosure activity dropping in the second quarter because of a dip in bank repossessions. "
macy macon

Concern over Jobs and Incomes Dampen Consumer Confidence in US - 0 views

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    "Consumer confidence in the US has come down for a fourth consecutive month in June on rising concerns regarding jobs and incomes that have dampened the outlook for spending. The sentiment index has dropped to 62, which indicates a five-month low, from a revised 64.4 in May."
macy macon

Weak Chinese Data Pulls Down Brent Crude towards USD96 a Barrel - 0 views

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    "Brent crude plunged towards $96 a barrel on Monday mainly because of weak factory data from top energy consumer China that spurred caution. Brent crude dropped $1.45 to $96.35 a barrel while US crude went down $1 to trade at $83.96."
macy macon

US Manufacturing Slumps in June for First Time in 3 Years - 0 views

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    "The US manufacturing dropped in June, for the first time in three years indicating that economic growth is declining. A monthly report showed that there was a decline in production and exports and in the number of new orders received. "
macy macon

US Apartment Rents Increase at Highest Rate since 2007 - 0 views

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    "US apartment rents have increased at a rate that has not been seen since before the financial crisis and in the second quarter vacancies have dropped to the lowest level in 10 years."
macy macon

Shares of Acme Packet (APKT) Plunge on Weak Telecom Spending - 0 views

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    "The shares of Acme Packet Inc dropped 16 percent as it forecast quarterly results that fell far short of expectations, amid a broad selloff in the technology sector. It said that lower forecast was the result of continued weakness in its North American business."
macy macon

Increase of Job Openings in May over April Eases Concerns - 0 views

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    "Reports that job openings increased in May after dropping in April eased concerns that the US jobs market is faltering. The Labor Department also said that confidence among small companies plunged in June. "
macy macon

Mariah Carey, Nick Cannon Bahamas Villa for Sale for USD5.5million - 0 views

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    "The mansion where Mariah Carey walked down the aisle with Nick Cannon in 2008 is up in the market for a jaw dropping $5.5million."
macy macon

Penney Announces 350 Job Cuts at Plano Headquarters | ~~~Global News World~~~ - 0 views

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    "Another round of 350 job cuts has been announced by J.C. Penney, reducing the headquarters workforce by nearly 30 percent. Penney's shares dropped nearly 8 percent Tuesday, showing that investors have lost faith in its new strategy. As J.C. Penney Co is struggling with a transformation, the workers of the department store chain are feeling the heat as its new CEO announced Tuesday another round of job cuts at its headquarters in Plano, Texas."
macy macon

Euro Falls to Two Year Low against Dollar - 0 views

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    "Euro has fallen to a two-year low versus the dollar and weakened against all of its 16 most-traded peers. It dropped as much as 0.6 percent to $1.2235, the lowest since July 2010, before trading at $1.2250 at 5 pm New York time."
macy macon

Drop in Orders from Chipmakers Force Applied Materials to Reduce Forecast - 0 views

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    "Top chip gear maker Applied Materials Inc has reduced its full-year targets due to a sudden decline in orders from its biggest market towards the end of the current quarter. Concern about a declining trend in global technology spending has also hit Asian chip firms. "
macy macon

Stock Markets Decline as BOJ Holds Back Additional Monetary Stimulus | ~~~Global News W... - 0 views

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    "The Bank of Japan has held back increase of monetary stimulus with the result that stocks dropped. This has resulted in the bank increasing its asset-purchase fund and reducing a credit-loan facility by the same amount."
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