Business Today: Wall Street to slip as earnings disappoint

Good Morning Robert, FRI 16 Oct 2009  today's headlines Wall Street to slip as earnings disappoint BofA posts $1 billion loss amid consumer credit woes Weak GE sales overshadow earnings Mattel profit matches Street view; sales drop Obama wins first financial reform victory in months Oil down towards $77 on supply, corporate earnings Google, IBM round out strong tech results week Wasserstein's death leaves media assets in limbo Facebook sees ad potential bigger than Google search ads Soros says U.S. economy will be drag on world growth   today's videos Business Update: Oil rallies on China's EV car boom Wall Street bonus controversy more details Wall Street to slip as earnings disappoint October 16, 2009 08:28 AM ET NEW YORK (Reuters) - Wall Street was set to drop at the open on Friday after disappointing quarterly results from Dow components General Electric Co and Bank of America Corp dragged stock futures lower. Full Article BofA posts $1 billion loss amid consumer credit woes October 16, 2009 08:10 AM ET CHARLOTTE (Reuters) - Bank of America Corp posted a wider-than-expected quarterly loss as improvement in its Merrill Lynch investment banking unit failed to offset consumer credit woes. Full Article Weak GE sales overshadow earnings October 16, 2009 07:57 AM ET BOSTON (Reuters) - General Electric Co reported better-than-expected earnings on Friday but its revenue missed Wall Street expectations, sending shares of the largest U.S. conglomerate lower in premarket trading. Full Article Mattel profit matches Street view; sales drop October 16, 2009 06:53 AM ET NEW YORK (Reuters) - Mattel Inc reported a lower quarterly profit that met Wall Street estimates on Friday, hurt by the weak economy and a dearth of movie-inspired toys. Full Article Obama wins first financial reform victory in months October 16, 2009 01:01 AM ET WASHINGTON (Reuters) - The Obama administration scored its first financial regulation reform victory in months on Thursday when a U.S. congressional committee approved new rules for over-the-counter derivatives. Full Article Oil down towards $77 on supply, corporate earnings October 16, 2009 08:02 AM ET LONDON (Reuters) - Oil retreated from a year-high above $78 touched early on Friday after a renewed focus on brimming inventories and disappointing corporate earnings chipped away at bullishness across financial markets. Full Article Google, IBM round out strong tech results week October 15, 2009 07:41 PM ET SAN FRANCISCO (Reuters) - Google Inc and IBM rounded out a strong week of technology results, outstripping already high expectations and providing further evidence that a recovery is brewing. Full Article Wasserstein's death leaves media assets in limbo October 16, 2009 08:31 AM ET NEW YORK (Reuters) - The sudden death of star dealmaker Bruce Wasserstein on Wednesday has sparked questions about whether the magazines he nurtured will survive in their current form without him. Full Article Facebook sees ad potential bigger than Google search ads October 16, 2009 06:45 AM ET PALO ALTO, California (Reuters) - Facebook's chief operating officer said the social networking company was targeting a bigger ad market than the search ad market that has made Google Inc rich. Full Article Soros says U.S. economy will be drag on world growth October 15, 2009 10:32 PM ET NEW YORK (Reuters) - Billionaire investor and philanthropist George Soros said on Thursday that the world's current "currency arrangements" are fraught with danger and that the world needs global regulation. Full Article     REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Send this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers

 

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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