Wednesday, October 21, the main stock indexes of the United States by the middle of trading, after reports of large companies such as Yahoo! and Morgan Stanley, exceeded analysts' expectations have erased the losses of yesterday and rushed into the green zone on the background of positive sentiment about the many months that the rally in equity markets was justified.

treasury secretary, Timothy Geithner said in an interview that the $ 700 billion program of assistance to the banks to repurchase troubled assets could be completed later this year, due to the gradual stabilization of some parts of the economy and markets.

At mid-auction 20:30 Moscow barometer of blue chips, the Dow rose by 0,4% to a value of 10 081.98 points, while a more broad index of SP 500 was strengthened to 0.51% and closed at 1 096.66 points. Rate with a large proportion of high-tech stocks Nasdaq added 0.53% to a value of 2 175 points.

Paper holder's second-largest U.S. search engine Yahoo! jumped 4.11% to $ 17.87. The company earned in the 3 rd quarter with the exception of a number of residues amounted to 15 cents a share, exceeding the average expectations of 13 cents, which was the result of increasing revenues from a number of advertisers.

bank Morgan Stanley shares went up by 7.04% to $ 34.81. The sixth-largest U.S. asset lender reported its first profit last year, which for the 3 quarter totaled $ 757 million, or 38 cents a share, against the projected 30 cents. Large share of income received from Morgan Stanley investment banking division.

Quotations manufacturer of memory cards SanDisk became heavier on 10,01% to $ 23.63. The company reported a sales forecast in the 4 th quarter was higher than analysts' expectations and the resulting restoration cost chips.

Paper producer iPhone - Apple - against the background of news recovered on 3,29% to $ 205.29.

Equity creditor U.S. Bancorp rose 6.83% to $ 25.42. Bank's profit for the 3 quarter increased by 4,7% as a result of growth in income from commissions on mortgage loans, net interest income and profits from the transactions carried out at ATMs.

Quotes largest U.S. firms, dealing with the issuance of student loans, SLM soared 26.52% to $ 11.26 after the publication of the first in more than a year profit.

Paper manufacturer of commercial airliners Boeing, however, were inconsistent with the overall dynamics of the market and have fallen on 0,81% to $ 51.47. The company reported on the maximum of its history quarterly loss of $ 1.56 billion, or $ 2.23 per share, surpassing analysts' average expectations of $ 2.10 per share and was associated with $ 3.5 billion cost of delay in release of the 787 Dreamliner as well as Airbus 747-8.

futures crude oil Light at 20:31 IST bargained with the increase of 2,14% to $ 80.81 per barrel. Report U.S. Department of Energy showed increased headroom in the last week at 3.4 million barrels to 339.1 million barrels, which was higher than expected increase of 1.8 million

price of gold rose to 0,25% up to $ 1 061.2 per troy ounce, while the rate of EUR /USD pair was strengthened to 0.48% up to $ 1,501 per euro, and the pair USD /JPY added 0,43 % to 91.01 yen to the dollar.

National Bank of Ukraine from November 15, enters the marginal rate for external borrowing in foreign currency
Naftogaz seeks to stop political speculation about the company's debt restructuring
FT: Putin and Medvedev are very confused West
On Wednesday Russia's market is a small correction in the medium term we can expect increased volatility
Europe: the horns of the bulls have cleared their way
Opinion: The settlement of bad loans can not be physical persons in the current legislative field
On Wednesday, Russia's market continued to be adjusted downward, tomorrow most likely movement of indices in the Comma delimited
Director-General of Siberia IDC expects that RAB-regulation will be introduced in five regions of the Siberian Federal District in 2010
Better the market shares on the RTS looked metallurgical and mining companies on the background of positive dynamics of futures on precious metals

This entry was posted on Wednesday, October 21st, 2009 at 8:22 pm.
Categories: News International Markets.

No Comments, Comment or Ping

Reply to “U.S.: Reporting season stirs appetites”