Posts Tagged ‘alaska’

Retail Sales, PPI, CPI: Economic Events For Aug 13-17

Major data releases aplenty are on the economic calendar next week.

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A Side Of Conflict With Your Lobster? U.S., Canada In Crustacean Controversy

An unusually plentiful lobster season in Maine should be good news for fishermen and crustacean lovers. But in fact, it isn't.

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IEA Sees Oil Demand Growth Slowing Further In 2013

(Reuters) - Global oil demand growth will fall next year below already very weak levels of 2012 due to a slow-down in economic activity, the west's energy watchdog said on Friday. The outlook by the International Energy Agency (IEA) echoes similarly pessimistic forecasts revealed this week by the U.S.

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Corn Prices Hit Record After USDA Slashes Harvest Outlook

Corn prices soared Friday to a record high after the U.S. government slashed its estimate of this year's harvest by nearly 17 percent to the lowest level since 1996

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China July Trade Data Disappoints

China reported a trade surplus of $25.1 billion in July amid slower-than-expected growth in exports and imports, raising the concern that the world's second largest economy isn't doing enough to stimulate the economy and avert a slowdown. According to the customs data released Friday, exports advanced just 1 percent in July compared to the same month last year, down from 11.3 percent in June.

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China braces for second day of downbeat economic data

(Reuters) -- China 's policymakers should be braced for a second straight day of downbeat economic data on Friday, with July trade numbers at risk of undershooting market forecasts and further raising expectations of fresh government action to shore up growth. Fear of faltering demand from China 's two biggest foreign customers - the European Union and United States - had seen economists peg back their consensus call for annual export growth to a three-month low of 8.6 percent in a Reuters poll last week, but even that could be too optimistic. "I think there is substantial downside risk given that China's industrial production surprised on the downside already," Zhang Zhiwei, chief China economist at Nomura in Hong Kong, told Reuters

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Top Post-Market Nasdaq Movers (Human Genome, Netlist, Synacor, Nanosphere, Jamba, Gevo, Glu, ZAGG, Xyratex, Splunk)

The top after-market Nasdaq gainers Friday were Human Genome Sciences Inc, Netlist Inc, Synacor Inc, Nanosphere Inc and Jamba. The top after-market Nasdaq losers were Gevo, Glu Mobile Inc, ZAGG Inc, Xyratex Ltd and Splunk Inc.

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Winners And Losers: Barclays Gets Blasted; Einhorn Earns Millions

Barclays ( NYSE : BCS), the U.K.'s second-largest bank by assets, had a miserable week. After settling with authorities for $435 million over manipulating Libor, the British interbank lending rate, chairman Marcus Agius resigned. The next day, Boston-bred CEO Bob Diamond and COO Jerry del Missier followed, leaving the bank virtually leaderless

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Three Banks Restrict New Investments In Euro Funds

Three of the world's biggest financial institutions in the U.S. are closing their European money market funds to new investments after the European Central Bank (ECB) reduced its benchmark rate to a record low of 0.75 percent and slashed deposit rates to zero on Thursday, undermining global investor confidence. JPMorgan Chase ( NYSE : JPM), Goldman Sachs ( NYSE : GS) and BlackRock Inc

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Americans Too Broke To Go Bankrupt? US Bankruptcy Filings On Pace To Fall To Pre-2008 Level

The pace of bankruptcy filings in the U.S. is slowing down to pre-recession levels, but don't cheer just yet -- because hundreds of thousands of Americans might have been too broke to file for bankruptcy

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