Wednesday, October 28, 2009

Business Today: Stock futures fall after weak overseas results; data ahead



Reuters

Good Morning Robert, WED 28 Oct 2009 

today's headlines

Stock futures fall after weak overseas results; data ahead
U.S. durable goods orders' rise meets expectations
U.S. consumer confidence up for first time since 2007
General Dynamics profit tops view; boosts forecast
Ford names Geely preferred Volvo cars bidder
Treasury talks to GMAC about more cash
Pay czar Feinberg increased base pay at U.S. firms: report
WellPoint net profit falls, but results beat views
Magna, Opel upbeat that sale with go through
Qwest revenue falls short, shares up on outlook
 

today's videos

REUTERS VIDEO:Business Update: Asia dips REUTERS VIDEO:Air China returns to profit REUTERS VIDEO:Tax credit hopes

more details

Stock futures fall after weak overseas results; data ahead
October 28, 2009 08:11 AM ET
NEW YORK (Reuters) - U.S. stock index futures fell on Wednesday after disappointing results from bellwethers overseas, while investors awaited figures on U.S. durable good orders and new home sales.

Full Article
U.S. durable goods orders' rise meets expectations
October 28, 2009 08:32 AM ET
WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods rose 1 percent in September, meeting Wall Street expectations, Commerce Department data showed on Wednesday.

Full Article
U.S. consumer confidence up for first time since 2007
October 28, 2009 07:57 AM ET
HONG KONG (Reuters) - Global consumer confidence is rebounding, and in the United States has risen for the first time since 2007, amid signs the world economy is picking up although spending is still restrained, a survey showed on Wednesday.

Full Article
General Dynamics profit tops view; boosts forecast
October 28, 2009 08:16 AM ET
ATLANTA (Reuters) - General Dynamics Corp reported a better-than-expected quarterly profit on Wednesday as strength in defense sales helped offset weakness in business jets.

Full Article
Ford names Geely preferred Volvo cars bidder
October 28, 2009 08:36 AM ET
LONDON (Reuters) - Ford named a consortium led by China's Zhejiang Geely Group Holding Co. as preferred bidder for its loss-making Swedish unit, Volvo Car Corp., but said more detailed talks were needed before any final agreement.

Full Article
Treasury talks to GMAC about more cash
October 28, 2009 07:30 AM ET
WASHINGTON (Reuters) - The Treasury Department is in talks with GMAC Financial Services Inc about a possible third cash infusion to the company, an Obama administration official confirmed on Tuesday night.

Full Article
Pay czar Feinberg increased base pay at U.S. firms: report
October 28, 2009 03:14 AM ET
(Reuters) - Kenneth Feinberg, the Treasury bailout program's special master for compensation, who cut total compensation for top earners at seven bailed-out firms last week, increased base salaries at the companies, the Wall Street Journal said, citing its own analysis of Treasury data.

Full Article
WellPoint net profit falls, but results beat views
October 28, 2009 07:20 AM ET
NEW YORK (Reuters) - Health insurer WellPoint Inc posted an 11 percent decline in third-quarter profit on Wednesday as layoffs among customers led to lower membership, but results crushed estimates on improvements in its business serving seniors and low-income Americans.

Full Article
Magna, Opel upbeat that sale with go through
October 28, 2009 08:28 AM ET
GRAZ, Austria (Reuters) - Top officials from Magna and Opel expressed confidence on Wednesday that General Motors will go through with selling its European arm to Canada's Magna despite a second chance to review the deal.

Full Article
Qwest revenue falls short, shares up on outlook
October 28, 2009 08:08 AM ET
NEW YORK (Reuters) - Qwest Communications International Inc posted quarterly revenue that was slightly below Wall Street expectations but its shares rose almost 4 percent as it increased its profit outlook for the year.

Full Article
 
 











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Rob Alley, Realtor
Keller Williams Realty
540-250-3275
roballeyrealtor@gmail.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.robsellscharlottesville.com
Oh, by the way, I am never too busy to work any of your referrals.
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Licensed to Sell Real Estate in the Commonwealth of Virginia

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