Dec

Consumer Discretionary

The consumer discretionary sector has been performing as expected as it is outperforming the consumer staples sector. During the favourable six months from the end of October to the beginning of May the discretionary sector is the preferred sector. This year the consumer discretionary sector has been outperforming the consumer staples sector, as expected.

Categories : December 2009

Live Twitter Trading Updates

Great Basin Gold Updates Hollister Mineral Resources Measured and Indicated Gold Equivalent Ounces Increase by 14%: http://bit.ly/97LEod about 32 minutes ago from twitterfeed
USCorp a Junior Gold Exploration Company Signs Letter of Intent With Chinese Conglomerate: [Business Wire] - LAS V... http://bit.ly/bkQggU about 32 minutes ago from twitterfeed
British MPs to grill BP CEO Hayward (Reuters): Reuters - British Members of Parliament (MPs) will next week g... http://bit.ly/axqOeE about 37 minutes ago from twitterfeed
Wall Street Breakfast: Must-Know News: Joseph McCafferty submits: Goldman will agree to pay $27M fine to the U.K.... http://bit.ly/9tTPH5 about 1 hour ago from twitterfeed
Allied Nevada Drills 36 Meters Grading 3.13 g/t Gold Equivalent in the North Brimstone Area at the Hycroft Mine: http://bit.ly/96JXG3 about 1 hour ago from twitterfeed

Energy & Oil Industry News

Regret, apology not part of BP's oil spill report (AP) September 9, 2010
AP - BP's long-awaited internal report on what it believes went wrong when a rig exploded and started the massive Gulf oil spill never mentions the words blame, regret, apology, mistake or pollution. The word fault shows up 20 times, but only once in the same sentence as the company's name. […]
Oil rises to near $75 amid US crude supply drop (AP) September 9, 2010
AP - Oil prices rose to near $75 a barrel Thursday in Asia after a report showed U.S. crude inventories fell more than expected, suggesting demand may be improving. […]
Questions, worries, arguments preceded Gulf blast (AP) September 9, 2010
AP - Something was wrong. […]
ND PSC approves selling renewable energy credits (AP) September 9, 2010
AP - North Dakota regulators on Wednesday endorsed most of an Xcel Energy Inc. plan for selling its renewable energy credits and sharing the money with its electric customers in the state. […]
BP and partners trade blame for oil spill (Reuters) September 8, 2010
Reuters - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill. […]

Business News

Google Instant: Quick, Quick, Quick–But Not Psychic - PC World September 9, 2010
Telegraph.co.ukGoogle Instant: Quick, Quick, Quick–But Not PsychicPC WorldWhen Google CEO Eric Schmidt gave a keynote address at the IFA show in Berlin yesterday, he talked about "a new definition of Google." As I watched the Webcast, I was struck by the phrase-how often does an enterprise as vast and successful as Google ...Google Instant: Search […]
Amid Kabul Bank meltdown, Afghans question US-style capitalism - Washington Post September 9, 2010
New York TimesAmid Kabul Bank meltdown, Afghans question US-style capitalismWashington PostKABUL - Kabul Bank became the pride of Afghanistan's financial system by offering the conveniences and thrills of 21st-century capitalism: branches in far-flung provinces, plentiful ATMs, and lottery prizes of cash ...Afghan elite enjoys high life in DubaiFinancia […]
Obama: US can't afford to extend tax cuts for rich - Reuters September 9, 2010
Washington PostObama: US can't afford to extend tax cuts for richReutersUS President Barack Obama speaks about the economy at the Cuyahoga Community College West Campus in Parma, Ohio, near Cleveland, September 8, 2010. By Patricia Zengerle PARMA, Ohio (Reuters) - President Barack Obama, fighting to keep Democrats in ...Obama, GOP jostle over tax-break […]
BP report on well disaster faults mechanical, human failures - Los Angeles Times September 9, 2010
The HinduBP report on well disaster faults mechanical, human failuresLos Angeles TimesThe oil company accepts a share of the responsibility for the deadly explosion and oil spill but also takes aim at contractors Transocean and Halliburton, setting off additional finger-pointing. Fire response crews battle the flames that erupted on the ...Halliburton Faulte […]
Federal Reserve 'beige book' signals widespread slowdown of economic growth - Washington Post September 9, 2010
AFPFederal Reserve 'beige book' signals widespread slowdown of economic growthWashington PostThe US economy continued growing this summer but "with widespread signs of deceleration," according to a new report on business conditions around the country. The Federal Reserve's "beige book," an eight-times-a-year compilation of […]

More Business News

UK watchdog fines Goldman Sachs $27 million (Reuters) September 9, 2010
Reuters - Britain's financial watchdog slapped a 17.5 million pounds ($27 million) fine on Goldman Sachs on Thursday for inadequate disclosure of a U.S. probe into the Wall Street powerhouse. […]
Regret, apology not part of BP's oil spill report (AP) September 9, 2010
AP - BP's long-awaited internal report on what it believes went wrong when a rig exploded and started the massive Gulf oil spill never mentions the words blame, regret, apology, mistake or pollution. The word fault shows up 20 times, but only once in the same sentence as the company's name. […]
Australia watchdog blocks NAB's $12 billion AXA unit bid (Reuters) September 9, 2010
Reuters - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market. […]
Stock index futures up (Reuters) September 9, 2010
Reuters - Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.25 percent, Dow Jones futures up 0.45 percent and Nasdaq 100 futures up 0.2 percent at 5.16 EDT. […]
U.S. slips in WEF's competitiveness rankings (Reuters) September 9, 2010
Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday. […]