Russian English German Italian Spanish Portuguese Chinese French Japanese Korean
NEWS DIRECTORY FORUM FINANCIAL FORECASTING FOREX GUIDE
Members access
Email:
Password:
home based business opportunity

Sign up now.
Forgot password?

Choose Category
 Forex Forecasts
 USMarket
   
   INFORMATION
 About
 Business support
 Feedback
 Forex informers
 Easy Forex
 Glossary
 Forex Market
 Forex Brokers
 Forex Trading

Customer quotes

I tried a lot of paid forecasts and signals but I didn`t meet such quality forecasts. I `ve been looking for 2 months and checking positions - the result is fabulous, it`s easy to follow predictions and the statistics is genuine true! Thanks for being OpenForex

Serg Berg

D

Contact

  Email: click here
  Tel: +1 312 2390929

Forex · News · USMarket

NEWS / USMarket

Key stock indexes began rising again

11:47 01/12/2006

On a background of drop in papers of chemical company DuPont Co. shares on Wall Street have opened with decrease. We shall remind that on Wednesday the US second largest chemical company DuPont Co. lowered the forecast of profit for the fourth quarter of 2005 because of consequences of the hurricanes "Katherine" and "Rita".

The company has informed that operational before taxation profit will be below on $200 million in comparison with the bottom border of its previous spectrum of forecasts.

Besides the last quarter downturn of demand for chemicals for pest protection of a crop and for coating was fixed.  In October the company predicted that the profit would make up 20-25 cents per a share.

On results of the quarter the profit reduced on $200 million partially because of unexpectedly high production costs at factories in Brazil, the Netherlands and the USA.

Cost of DuPont shares in system of the electronic tenders in New York on Wednesday fell on 2.5 % after the message. The final and detailed financial report on results of the fourth quarter the company is going to publish on January, 24th.

However then the optimistic mood has prevailed in the market and the American shares showed positive dynamics at the tenders on Wednesday and all the basic share indexes were closed positively.

Let's remind that in January rally of a current year Dow index has already grown on 3 %, NASDAQ on 5.7 % and S&P 500 index has risen 3.7%.

NASDAQ has realized its growth maximally in percentage, having supported by Apple Computer Inc.shares.

Experts at Banc of America Securities have raised the trading purpose on papers of this company from 78 up to 87 dollars, referring to sale growth of the key goods from all production line - a musical player iPod.

At the same time UBS has raised the trading purpose on shares of this computer company from 86 up to 100 dollars. As a result Apple shares have come up on 3.8 % to 83.90.

Hewlett-Packard Co. shares have gone up on 1.8 % to 31.34, having reached the maximal level since May, 2001 after Prudential Equity Group have rose their rating estimation.

The increased after overcoming by Dow index of a level 11000, optimism has allowed papers of many financial companies to reach the record peaks.

So Lehman Brothers Holdings Inc. shares have grown on 2.3 % up to 134.65. Legg Mason shares have raised on 2.9 % up to 130.40. Bear Stearns papers have risen in price on 1.7 % up to 121.31.

 

As a result Dow-Jones index of New York stock exchange has grown on 31.86 points and was closed at a level 11043.44. NASDAQ index has come up on 11.04 points and is at a level 2331.36. S&P 500 index has risen on 4.49 points and is at a level 1294.18.

Profitability of the US state obligations for 30 years has grown on 0.032 in comparison with the previous closing and makes up 4.639.As a result we recommend to keep opened earlier purchases of Dow index futures.

* Printer-Friendly Version * Send This Page * Add to Favorites * Comments
Prev All News Category News Next

World Time
Calendar
 March, 2006
Sun Mon Tue Wed Thu Fri Sat
      01 02 03 04
05 06 07 08 09 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  
Forex NewsAdvertise
Resource
Forex Forex Guide
Forex Analysis Forex News
Forex Broker Foreign Exchange
Forex Directory Russian Forex
World Market
Market Snapshot
Stock Quotes

Partners

| Forex Trading | Business catalog | China Real Estate | Forex Broker | Forex Market | Forex Forum |
© Copyright 1998-2011 OpenForex.com - forex trading, brokers, financial forecast