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Posts Tagged ‘APTD’

Stocks slip after weak jobs report

Stocks moved lower Wednesday after a private-sector report on unemployment offered little encouragement ahead of Friday’s crucial jobs data from the Labor Department. The ADP National Employment Report, a closely watched precursor to the government’s report, said Wednesday that employment fell by 371,000 in July — slightly more than anticipated — versus a revised decline of 463,000 jobs in June. Futures had been flat ahead of the report.

Meanwhile, an earnings report from Procter & Gamble Co. provided further evidence that Americans continue to feel the strain of a weak economy. The maker of such consumer products as Pampers diapers and Tide detergent said its fourth quarter profit fell 18 percent as consumers curbed their spending. The results narrowly beat expectations.

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Stocks are lower after better-than-expected earnings report from Citigroup and GE

Wall Street struggled to find a direction Friday as investors sorted through better-than-expected earnings reports from banking giant Citigroup Inc. and industrial conglomerate General Electric Co.

Stocks fluctuated in the early going, making modest moves as investors were relieved the reports weren’t worse, but were mindful of the weakness that still pervades the financial sector.

Citigroup, considered to be one of the most troubled U.S. banks, reported a quarterly loss of just under $1 billion, less than analysts expected. And before paying preferred dividends, the bank turned a profit of $1.6 billion. A year ago, Citigroup suffered a loss of more than $5 billion.

Meanwhile, General Electric’s first-quarter earnings fell 36 percent, hurt by waning sales and a sharply lower profit at its ailing finance arm, GE Capital. But the results exceeded Wall Street’s forecasts.

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LOS ANGELES, CA — (Marketwire) — 04/17/09 — MoneyTV, hosted by anchor Donald Baillargeon, is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures.

Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.

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ORLANDO, Fla., April 8, 2009 (GLOBE NEWSWIRE) — RedChip Companies, Inc. today announced that videos of the corporate presentations and CEO interviews made by presenting companies at RedChip’s 2009 Small-Cap Investor Conference and Health Tech Investment Forum held in San Francisco on March 24, 2009 are now available online. The presentations highlighted the growth strategies, market positioning and strategic objectives for emerging growth companies representing a wide range of sectors including Healthcare, Technology, Alternative Energy, Telecommunications, Energy, Consumer Goods, Business Services, and more.

The webcast videos, which were produced by RedChip Small-Cap TV, will be available for at least 90 days and can be accessed via the following link:

http://www.redchip.com/visibility/conferencePages/SanFran2009/conferenceMain.asp?page=archive

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LOS ANGELES, CA — (Marketwire) — 02/13/09 — MoneyTV is the internationally syndicated television program all about money and what makes it happen (http://www.moneytv.net), featuring informative and insightful interviews by anchor Donald Baillargeon with company CEOs, providing insights into their operations and outlooks for their futures.

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