Stocks are trading lower after wholesale inflation rose more than expected in November
Wholesale inflation rose more than expected in November, led by a surge in energy costs.
The increase likely will be discussed as Federal Reserve policymakers begin a two-day meeting on interest rates. The Fed is expected to keep rates unchanged when it releases a policy statement following the meeting Wednesday.
Stocks are higher following a bigger-than-expected rise in retail sales
Stocks are rising after a report on retail sales showed consumers are picking up their spending.
The Commerce Department says retail sales rose 1.3 percent in November, more than double the 0.6 percent increase economists had expected. Sales rose 1.1 percent in October.
The report is boosting hopes that consumers are starting to feel more comfortable opening up their wallets after months of building up their savings.
MISSISSAUGA, Ontario, December 10, 2009 — AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Micro-Cap Leads Way for Eco-Friendly Medical Waste Solutions.”
Companies mentioned in this article include Stericycle (Nasdaq: SRCL) and BioMedical Technology Solutions Holdings Inc. (OTCBB:BMTL).
LOS ANGELES, CA — (Marketwire) — 12/11/09 — BioMedReports.Com, the news portal which covers Wall Street’s biomedical sector and delivers financial and investment intelligence to a community of highly informed investors, is reporting that Biomedical Technology Solutions’ (OTCBB: BMTL) medical waste disposal equipment presents small cap investors a great opportunity to get into the growing regulated medical waste sector which sees stocks trade at up to 25 times earnings (as compared to more typical 3 to 4 times earnings found in other sectors of the market).
Stocks are sharply lower as the dollar strengthens and investors seek safe-haven assets
Investors dumped stocks and sought safe-haven assets like the dollar and Treasurys following signs that the global economy is still struggling.
Reports in Britain and Germany showed that manufacturing remains weak, while Japan’s government approved $81 billion in stimulus measures to keep its economy out of recession. Meanwhile, a leading credit rating agency has cut its ratings on six Dubai state-linked companies due to worries about their growing debts.
ENGLEWOOD, CO — (Marketwire) — 11/04/09 — Biomedical Technology Solutions Holdings, Inc. (“BMTS” or the “Company”; www.bmtscorp.com) (OTCBB: BMTL) is pleased to announce the introduction of the Demolizer(R) II System into the Geisinger Health organization for the onsite treatment of biomedical waste.