Posts Tagged ‘spain’
Stocks are Lower on FedEx Warning and Weak Housing Data
Stocks slipped at the open on Wednesday as FedEx warned about higher costs, housing starts fell to a five-month low and new concerns surfaced over Spain’s fiscal problems. FedEx on Wednesday offered a conservative outlook for its new fiscal year even as strong exports from Asia led to healthy fourth-quarter results. The forecast for earnings of $4.40 Read the rest of this entry »
Stocks are Down on European Economic Concerns
Submitted by SmallCapVoice.com Stocks are falling in early trading on concerns about how austerity measures in Europe might slow the continent’s economy. Better-than-expected reports on U.S. retail sales and industrial production didn’t help stock prices. Investors are focusing on the potential long-term impact of severe austerity measures in some European countries like Greece, Spain and Portugal. The euro fell Read the rest of this entry »
The Integra FX Report – May 6, 2010 (The Integra FX Report: Daily Foreign Exchange Commentary)
The Euro remained under pressure Wednesday as spreads on Greek debt widened out to record levels again and the marketplace began focusing more attention on the contagion effect associated with the peripheral European nations: Portugal, Ireland, Italy, Greece, and Spain (PIIGS). Read the rest of this entry »
2-8-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Submitted by SmallCapVoice.com Stocks are lower on continued worries about the economy and concerns about European debt issues The market’s major indexes have traded erratically lately as investors try to determine whether a global economic recovery is sustainable. Traders are still grappling with concerns that some European countries, such as Greece, Portugal and Spain, might not be Read the rest of this entry »