Tag Archives: rebounding
China’s growth rebounds but still vulnerable
China’s economy is finally rebounding from its deepest slump since the 2008 global crisis but the shaky recovery could be vulnerable to a new downturn in global trade. Continue reading
RIM shares volatile after outage, downgrade
Shares of Research in Motion were volatile, rebounding sharply after a steep fall at the open after BlackBerry users in Europe, Middle East and Africa were affected by a service outage and an analyst downgraded its stock. Continue reading
Retail sales rose modestly in Nov., aided by cars
Americans spent more on autos, electronics and building supplies in November, and shopped more frequently online. Continue reading
Stocks rally on Citigroup’s earnings, retail sales
Stocks climbed on Monday, rebounding from last week’s losses after Citigroup’s earnings and retail sales sharply exceeded expectations. Continue reading
Pain in Spain hits Wall Street, Texas Instruments off late
NEW YORK (Reuters) – Stocks fell for a second straight session on Monday, as Spain appeared closer to needing a national bailout and poor corporate results weighed on the market. Weak results from McDonald's Corp added to the cautious tone on Wall Street. Materials stocks were among the day's weakest, hurt by across-the-board declines in commodity prices. Continue reading
Home prices rise in most U.S. cities
Average home prices in the U.S. rose more than expected in April — yet another sign that the beleaguered U.S Continue reading
Rupee hits 1-wk low on S&P rating warning
MUMBAI (Reuters) – The rupee fell to a near one-week low on Monday after Standard & Poor's warned the country may be the first to lose its investment-grade rating among BRIC nations, adding to worries about India's fiscal and economic outlooks. The S&P report, which was dated Friday, did not add any new concerns to those the agency had already listed in April, when it cut the outlook for India's “BBB-” rating to “negative. Continue reading
