Stocks and are higher even as the dollar rises as investors try to predict when interest rates might start rising
The dollar rose against other currencies ahead of comments from Federal Reserve Chairman Ben Bernanke, who will speak before the Economic Club of Washington. Bernanke has insisted that the Fed plans to keep rates low for the foreseeable future, but investors believe that as the economy improves, the central bank might move to raise rates and withdraw some of its support measures. That could reverse the dollar’s months-long slide and put a dent in the stock market’s advance.
New iPhone App Targets Giant SI Swimsuit Audience
SAN DIEGO, CA — (Marketwire) — 12/07/09 — Metatron Inc. (PINKSHEETS: MRNJ) today announced that its wholly-owned subsidiary, i-Mobilize Inc., has joined with The Platinum Agency to bring the photos and resumes of hundreds of the most beautiful women in the world to the iPhone.
Stocks are sharply higher following better than expected November employment data
Stock prices are surging in early trading after the government said the nation’s jobless rate dropped to 10 percent in November and far fewer jobs were lost.
The Labor Department says the economy shed 11,000 jobs last month, an improvement from October’s revised total of 111,000. That’s also much better than the 130,000 job losses that Wall Street economists expected.
Stocks turn mixed as contraction in the service industry fuels concerns about an economic recovery
Stocks are paring their gains as unexpected weakness in the service industry stirs worries about the economy’s ability to recover.
The Institute for Supply Management says Thursday its service industry index has fallen to 48.7 in November from 50.6 in October. That’s well below the reading of 51.5 analysts had been expecting and signals contraction in the industry.
New iPhone Application Combines High Quality Music, Video and Social Interactivity to Create the Ultimate Digital Music Experience
SAN DIEGO, CA — (Marketwire) — 12/03/09 — Metatron Inc. (PINKSHEETS: MRNJ) today announced that its i-Mobilize subsidiary has created and released the first high quality, fully interactive music and video application for the iPhone called the “appTune.”
SAN DIEGO, CA — (Marketwire) — 12/01/09 — Metatron Inc. (PINKSHEETS: MRNJ) today announced that its i-Mobilize subsidiary has entered into an exclusive agreement to provide mobile internet marketing services to HCG Diet Miracle (http://hcgdietmiracle.com), a leading distributor of one of the most popular new diets on the market today.