The Recovery Is Gaining Momentum, but Government Is in the Way (The Motley Fool)
The Motley Fool - Its been a long row to hoe since the economy entered the Great Recession. Even though the recovery seems to be under way, theres still a way to go until the economy returns to normal. Take a peek at the latest economic activity: On the plus side, Februarys retail sales rose by a better-than-expected 0.3%, despite the major snowstorms that blanketed parts of the nation and kept people off the roads. Aeropostale (NYSE: ARO - News), J.Crew (NYSE: JCG - News), and Nordstrom (NYSE: JWN - News) all posted good-looking quarters recently. ...

[ Published on : Tue, 16 Mar 2010 09:40 ]

WPP expects stability in 2010
The world’s largest advertising group WPP has seen an improvement in profits after a ‘brutal’ 2009. The advertising giant said pre-tax profits had tumbled by 16% year-on-year to £812 million. However, this was better than the £780 million forecast. Meanwhile, revenue grew by 16% to £8.7 billion, while like-for-like sales fell 8%. The company was hit severely [...]

[ Published on : Fri, 05 Mar 2010 02:42 ]

SP, Fitch lift Masco ratings outlook to stable (AP)
AP - The ratings outlook for building products manufacturer Masco Corp. was lifted Wednesday to Stable from Negative by both Fitch and Standard Poors analysts, a reflection of an improving housing market.

[ Published on : Thu, 04 Mar 2010 10:04 ]

Lloyds leads banks ahead of results
European equities markets were mixed Wednesday. In London, the FTSE 100 added 0.52 percent to 5,342.92 but the FTSE 250 was down 0.31 percent to 9,359.18. The gains for the 100 came as most banks advanced after US Federal Reserve Chairman Ben Bernanke said that US interest rates will remain low for the time being. Lloyds Banking Group [...]

[ Published on : Thu, 25 Feb 2010 11:37 ]

BSkyB adds 5 percent on News Corp bid rumors
Most European equities markets were higher Friday, although the CAC-40 was 0.04 percent lower to 3,927.4 in Paris. The FTSE 100 added 0.15 percent to 5,625.65 in London, while the FTSE 250 gained 0.88 percent to 9,941.56. British Sky Broadcasting Group led gainers on the 100, adding 5 percent on rumors that News Corp (NYSE: NWS) could [...]

[ Published on : Mon, 15 Mar 2010 13:53 ]