2011年10月25日星期二

US MARKET BREAKING NEWS 25 OCTOBER 2011

1. UPS Earnings Top Estimates, Posts 3Q EPS of $1.06 Vs. $1.05 Estimate.

2. S&P Case-Shiller's Ten of 20 Cities Covered Saw Home Prices Increase.

3.Stocks opened lower Tuesday after investors became nervous following comments from Germany's Angela Merkel ahead of Wednesday's EU summit and following a slew of mixed earnings reports.
3M tumbled, while DuPont climbed. 

4. EU Finance Ministers Meeting Tomorrow Cancelled.

5. Stocks fell Tuesday following news the EU finance ministers canceled their Wednesday meeting ahead of the summit and as investors digested a slew of mixed earnings reports and weak economic news. The full summit is still expected to take place.


6. Netflix plunged almost 35 percent.

7. Stocks plunged sharply in the final hour of trading Tuesday to close at their lows amid jitters over the euro zone's ability to find a solution to the ongoing debt crisis.

8.  Amazon shares fell more than 15% in after-hours trading after the Internet retailer missed big on earnings and delivered fourth-quarter guidance that fell short of Wall Street's expectations. 

9.The White House unveiled details of its student-relief plan, which includes capping loan payments at 10% of discretionary income, starting in 2012. It will also allow student to roll direct student loans and those guaranteed by the government into one single payment. President Obama will discuss the plan Wednesday in a speech at a university in Denver.

  



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