Elections, Fed and employment chanting week on Wall Street

This is the week of truth for many Wall Street investors expect a surge in Republican midterm election and a new gesture for growth from the Federal Reserve.
The third major appointment for the Exchange will be Friday with the release of employment statistics for October.
Add to this the meetings of the [...]

Wall Street opens higher after jobless claims

U.S. stocks opened higher Thursday, buoyed by the falling dollar and the announcement of an unexpected decline in weekly jobless claims, fell to their lowest level in three months.
In early trade, the Dow Jones gained 0.34% to 11,163.93 points, the Standard & Poor's 500 index 0.41% to 1187.28 points and the Nasdaq composite [...]

Areva its board meets on the 16/11 capital increase

The nuclear group Areva meet a supervisory board on its proposed capital increase on November 16, told Reuters on Wednesday sources close to the deal, labor, confirming information Voices.
According to a scheme presented yesterday to representatives of the staff of Atomic Energy Commission (CEA), having a share of 79% of Areva, the group [...]

Volkswagen anticipates a slowdown in Q4

Volkswagen said Friday that its fourth quarter results should not be as good as the previous three quarters, during which the operating profit more than tripled.
The first European car manufacturer has announced its preliminary results before the official release of its third quarter results scheduled for Wednesday.
The group's operating profit in [...]

COR-Increase Capital Michelin subscribed to 350%

Michelin announced Thursday it had completed its capital increase of EUR 1.2 billion which was oversubscribed by 350% to investors.
The French group, world leader in the tire with the Japanese Bridgestone said in a statement that the final gross of his appeal to the market totaled 1.222 billion euros, corresponding to the creation [...]

Budget austerity and retirement at age 66 in Britain

George Osborne, Chancellor of the Exchequer, made public Wednesday an austerity plan unprecedented in Britain.
It entails the removal of half a million public sector jobs in four years and raising the legal age of retirement from 65 to 66 years within a decade.
After months of bitter negotiations, the Tory minister has [...]

PSA is expanding its cooperation with BMW in the hybrid

French automakers PSA Peugeot Citroen and Germany's BMW said on Monday their intention to expand cooperation in the development and manufacture of components for hybrid vehicles.
The two automakers, already partners in gasoline engines, specify in a statement it had signed an agreement to extinguish their cooperation in this regard.
"For PSA, hybrid [...]

Portugal expects very low growth in 2011

Portuguese Socialist government expects almost no growth in its draft budget law for 2011, characterized by austerity and threatened to be defeated by the opposition.
The draft budget submitted to Parliament Friday and published Saturday on its website, is built on a forecast GDP growth of 0.2%, lower than the 0.5% envisaged earlier and [...]

The Tokyo Stock Exchange ended down 0.87%

The Tokyo Stock Exchange ended down 0.87% Friday on profit taking, found after the strong logical progression from the previous day.
This movement has affected financial stocks in the wake of the U.S. after opening a judicial inquiry on foreclosures.
The strong yen, which hit a new high Thursday of 15 years, continues [...]

Wall Street opens higher, still buoyed by the Fed

Wall Street opened higher Wednesday, supported always by the prospect of more and more clear to see the Fed act next month to support the economy.
A quarter of an hour after the start of trading, the Dow Jones gained 0.42% at 11,067.17 points, the Standard & Poor's 500 0.4%, to 1174.43 points and [...]