Market Gawk

United States Market and Economy

September 7th, 2007

Will Bank Customers Accept Security Tags To Access Accounts?

Security tags with changing numbers dangle from key chains all over Europe. They’re still rare in the U.S.

Original post by FeedZilla

September 7th, 2007

Nasdaq Composite Stumbles In Higher Volume

NASDAQ stocks sank 1.9% Friday after a report showed U.S. payrolls in August dropped for the first time in four years. Volume was higher.

Original post by FeedZilla

September 7th, 2007

NYSE Indexes Fall As Recession Worries Multiply

The major NYSE indexes slid Friday as disappointing employment numbers spawned recession fears.

Original post by FeedZilla

September 7th, 2007

Stocks Fall In Heavy Volume For 2nd Time In 3 Days

A surprisingly weak jobs report triggered sharp losses on the stock market Friday.

Original post by FeedZilla

September 7th, 2007

The week’s top news and analysis, Sept. 3-7

Appropriately enough for a week that began with Labor Day, the week was all about jobs — of both the Steve Jobs and jobs-data varieties.

Original post by FeedZilla

September 7th, 2007

How much longer can U.S. stave off recession?

WASHINGTON (MarketWatch) — Ben Bernanke faces his toughest challenge: Keeping the economy from slipping into recession, while at the same time allowing the markets to sort out the winners and losers of the housing and credit bubbles.

Original post by FeedZilla

September 7th, 2007

Carry Trade Basket Performance Update (Daily FX)

This week, the Dynamic Carry Trade Basket was down by nearly 336 pips in value. Exchange rates volatility remains very high and as a result Traders appetite for risk has been very weak.

Original post by FeedZilla

September 7th, 2007

Sterling-Swiss Franc Offers Solid Risk Reward on a Short Term Range Trade (Daily FX)

The GBPCHF has remained rangebound through short term trade, moving within a minor wedge formation on the intraday chart. The subsequent break is likely to see extension through the near term, but we believe that a test of nearby resistance is warranted before further declines.

Original post by FeedZilla

September 7th, 2007

Owens Corning agrees to sell CFM business to AGY

SAN FRANCISCO (MarketWatch) — Owens corning late Friday said it has agreed to sell its continuous filament mat business in Huntingdon, Pa., as well as related marble production assets in Anderson, S.C., to AGY, a producer of fiberglass yarns and high-strength fiberglass reinforcements. Financial terms weren’t disclosed. The divestitures are intended to address regulatory concerns associated with Owens corning’s proposed acquisition of Saint-Gobain’s reinforcement and composites business, the company said. The deal is expected to close in the fourth quarter.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla

September 7th, 2007

BlueArc files for $103.5M IPO

Network storage systems provider BlueArc Corp. filed with the Securities and Exchange Commission Friday for an initial public offering to raise up to $103.5 million.

Original post by FeedZilla