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NY Attorney General sues Wells Fargo, BofA, J.P. Morgan over MERS
Upbeat Jobs Data Leads To Rally On Wall Street
U.S. Factory Orders Rise 1.1% In December, Less Than Expected
Allison's Recalls Salads Containing Eggs Due to Listeria Concerns
Obama Warns Congress Against Actions That Could Hamper Economic ...
Wegmans Recalls Hard-Cooked Eggs, Prepared Foods On Listeria Risk
Brown & Brown Q4 Profit Rises, Tops View
Micron CEO Appleton dies in plane crash
U.S. Unemployment Rate Unexpectedly Drops To 8.3% In January
U.S. Service Index Jumps To Eleven-Month High In January
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Upbeat Jobs Data Leads To Rally On Wall Street
After turning in a lackluster performance in the previous session, stocks showed a substantial upward move during trading on Friday, as traders reacted positively to a much better than expected report on the employment situation in the month of January.
INTERVIEW: Tom Nardone Of The Department Of Labor Gives An In Depth Look At The January Jobs Report
In an interview with RTTNews, Tom Nardone, Assistant Commissioner for Current Employment Analysis at the Bureau of Labor Statistics, gives an in depth look at the January jobs report. “Overall this was a pretty good month,” says Nardone. “Growth was very widespread….We had employment growth and the unemployment rate ticked down.”
Stocks Turn In A Lackluster Session As Traders Await Friday Jobs Report
With traders seemingly reluctant to make any significant moves ahead of tomorrow’s closely watched monthly jobs report, stocks turned in a lackluster performance throughout the trading day on Thursday, eventually ending the day mixed.
PERSONAL FINANCE: Phil Calanndra Of Calanndra Financial Offers His Insights On Protecting Your Estate From The Tax Man
In an interview with RTTNews, Phil Calanndra, co-founder and CEO of Calanndra Financial Group, discusses what you should know about inheritance planning. “Having an inheritance is a wonderful thing…The first place to start is with a plan,” says Calanndra. It is key to “have a full understanding of the type of assets” you “are going to leave behind.” By doing so, you can determine the best plan for you.
Stocks Turn In A Strong Performance On Positive Reaction To Economic Data
With traders reacting positively to the latest batch of economic data, stocks turned in a strong performance during trading on Wednesday. The upward move on the day came after the markets experienced choppy trading in the previous session.
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Earnings
Business Minute 02.01.12 1730
Solid gains for Wall Street for the First day of February.
INTERVIEW: Stuart Freeman Of Wells Fargo Advisors On Earnings: “This Quarter Could Be A Little Bit Softer”
In an interview with RTTNews, Stuart Freeman, chief equity strategist at Wells Fargo Advisors, previews what to expect as we delve deeper into earnings season. “We’re really only 29 names into the fourth quarter earnings season right now so we haven’t had a lot of commentary from management,” says Freeman. “We’re probably going to see more companies outperforming than underperforming…but not to the same degree that we saw over the last 8 quarters.”
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Interviews
INTERVIEW: Tom Nardone Of The Department Of Labor Gives An In Depth Look At The January Jobs Report
PERSONAL FINANCE: Phil Calanndra Of Calanndra Financial Offers His Insights On Protecting Your Estate From The Tax Man
INTERVIEW: Christopher Zook Of Caz Investments: “If We Get Any Disappointment In The Employment Report…The Market Will Sell-Off Pretty Significantly”
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Economic News
Australia Businessd Confidence Edges Higher
Business confidence in Australia edged higher in December.
Japan Industrial Output Higher In December
Industrial output in Japan climbed a seasonally adjusted 4.0 percent on month in December.
INTERVIEW: Christopher Low Of FTN Financial: “The Most Important” Thing Out Of The Fed Meeting “Is Language”
In an interview with RTTNews, Christopher Low, chief economist at FTN Financial, previews what to expect out of the Fed meeting. “The Fed is hoping they can push long term interest rates a little bit lower. They can’t do it obviously by changing their Fed funds target…They will try and do it with language,” says Low.
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Market Commentary & Analysis
Upbeat Jobs Data Leads To Rally On Wall Street
INTERVIEW: Tom Nardone Of The Department Of Labor Gives An In Depth Look At The January Jobs Report
Stocks Continue To Climb
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Corporate News
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Forex
Australia Businessd Confidence Edges Higher
Japan Industrial Output Higher In December
INTERVIEW: Axel Merk Of Merk Hard & Asian Currency Funds: The Year Of The Dragon Will Bring An Unshackling Of The Renminbi
Australia New Motor Vehicle Sales Decrease In December
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