Author Archives: Pete Southern
Another Gloomy Day For Investors
It was yet another day of increasing European bond yields which caused decline in U.S. share prices. The Dow Jones Industrial Average fluctuated between +24 and -113 points before ending… Read more
General Motors Report Profit Drops In 3rd Quarter
In Europe General Motors Co. posted a drop of 15% in its 3rd quarter profit as compared to last year. As the automobile giant reported it won’t be capable of… Read more
New Applications From Amazon For Kindle Fire
Amazon announced Wednesday that thousands of applications and video games are to be available on the Android tablet ‘Kindle Fire’ from next week. Applications – all developed under the Andriod… Read more
Closer To A Deal In The Fight Over Mortgage Abuse
Five of the most important banks out there could be forced to give around fifteen billion dollars to reduce the principle balances for homeowners that are having a hard time… Read more
Slow Growth And The Current Economy
The economy is still recovering and in a fragile state right now due to slow growth, even though the stock market today looks heathly compared to late summer. United States… Read more
European Reassurance Needed To Help Market Bulls
The stock market today was up again, after continuously rising over the last three weeks, with Monday adding to the S&P 500’s gains. This rise was because propositions made investors… Read more
Global Stock Markets Reach Another High
On Monday, global stocks reached another high for a record seven weeks in a row. This was in large part due to the optimistic outlook of many European leaders in… Read more
Apple High Expectations
Once again, Apple, Inc. has high expectations after massive iPhone sales levels materialized. Despite this phenomenal success, Wall Street’s overriding consensus is that the biggest technology firm on the planet… Read more
Fiscal Discipline Needed To Start Recovery In The Economy
Ben Bernanke, the Federal Reserve Chairman said that the United States is facing a big crisis with a jobless rate increase of 9 percent since April of 2009. He thinks… Read more
Negotiations Continue For Greece And Providing Continuing Aid
On Wednesday, the European Union verified that negotiations would continue in Greece over providing continuing aid. This had the effect of making most world stock markets suffer losses, although Wall… Read more
