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WMPT Nightly Business Report February 26, 2013

Behind the selling a strong showing in italys elections by groups opposed to economic reform, on top of that, u. S. Equities face a looming friday deadline for massive government budget cuts, known as sequestration. The dow tumbled 216 points, the nasdaq fell nearly 46, and the s p 500 lost 28 points. While theres been much talk of a correction in the stock market, sequestration may not be the catalyst. Suzanne pratt reports. Reporter it is widely accepted on wall street that sequestration is coming. And, with it a new reason for the fragile u. S. Economy to sputter. But, what will the first phase of billions of dollars in federal spending cuts actually do to the u. S. Stock market . After all, major market averages are hovering close to alltime highs, and dont forget investors are finally warming up to equities again. Floor broker art cashin says todays selling was mostly a reaction to italys election, and that the stock market is not yet focused on sequestration. I dont think that ev ....

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KQED Nightly Business Report February 26, 2013

Profits in 2013. Weve seen First Quarter Earnings Growth expectations shrink to just a little over 0 from expectations of 3 or 4 . So, its almost as if for every percentage point companies were beating Fourth Quarter numbers analysts were cutting the First Quarter numbers by a similar amount. Reporter so even if sequestration doesnt kill the stock market rally. It could certainly amplify a correction that may have already gotten started. Suzanne pratt, n. B. R. , new york. Tom as suzanne mentioned, were just days away from 85 billion in federal spending cuts hitting the u. S. Economy. Today, the war of words over the sequester continued. President obama called on the nations governors today to pressure lawmakers over the sequester, saying citizens of their states wil ....

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Eight Capital Initiates Coverage on LNG Energy Group

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Company” or “LNG Energy. ....

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This Broker Just Slashed Their Winton Land Limited (NZSE:WIN) Earnings Forecasts

The latest analyst coverage could presage a bad day for Winton Land Limited ( NZSE:WIN ), with the covering analyst. ....

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Super Micro Computer Stock Plummeted Today -- Is This a Chance to Buy the Explosive Artificial Intelligence (AI) Growth Stock?

Super Micro Computer stock is still up 763% over the last year, but the incredible bull took a step back today. It could pick back up. ....

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