Archive for May 14th, 2008

Dollar Gives Up Overnight Gains vs Euro and Pound After April’s US CPI Tamer Than Expected

Dollar Gives Up Overnight Gains vs Euro and Pound After April’s US CPI Tamer Than Expected
JPN Corporate Service Price Index Increases at 3.7% Annual Rate
In Japan, prices that corporations pay for their goods grew at a slower annual rate in April compared to March. However, the 3.7% increase was higher than expectations. On the month […]


Wal-Mart Profit Rises 6.9 Pct, Beats Street View

Wal-Mart Profit Rises 6.9 Pct, Beats Street View

BENTONVILLE, Ark. — Wal-Mart Stores Inc. says its profit rose nearly 7 percent in its first quarter on higher sales. The results beat Wall Street’s expectations.
The world’s biggest retailer said Tuesday it […]


U.S. Foreclosure Filings Surge 65 Percent in April

U.S. Foreclosure Filings Surge 65 Percent in April

LOS ANGELES — More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values, a research company said Tuesday.
Nationwide, 243,353 homes received […]