OTC Capital Partners » Economy

Euro, shares higher on hopes for Greek deal

Reuters: Business News — Wed, 08 Feb 2012 09:40:19 +0000

LONDON (Reuters) – The euro was at eight-week high and European shares rose on Wednesday on hopes that a deal on a second bailout for Greece was close, shrugging off data illustrating the damage the debt crisis has done to the region’s economy.

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Disney earnings beat despite shaky economy

Reuters: Business News — Wed, 08 Feb 2012 08:00:05 +0000

(Reuters) – Walt Disney Co’s quarterly revenue fell short of Wall Street’s expectations after the movie studio put in a poor showing, but profit grew at a faster-than-expected 12 percent clip as media networks and theme parks held strong in an uncertain economy.

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UBS warns of poor Q1 after investment bank loss

Reuters: Business News — Tue, 07 Feb 2012 09:55:54 +0000

ZURICH (Reuters) – Swiss bank UBS posted a loss at its investment bank and warned that the unit’s poor performance would also affect first-quarter results as the euro zone debt crisis and worries about the health of the U.S. economy hurt business.

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Nasdaq vaults to 11-year high on surge in jobs

Reuters: Business News — Sat, 04 Feb 2012 01:20:18 +0000

NEW YORK (Reuters) – A surge in hiring in the world’s largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery.

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Nasdaq vaults to 11-year high on surge in jobs

Reuters: Business News — Fri, 03 Feb 2012 21:42:52 +0000

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Nasdaq at 11-year high after jobs report

Reuters: Business News — Fri, 03 Feb 2012 20:20:50 +0000

NEW YORK (Reuters) – A surge in hiring in the world’s largest economy last month drove U.S. stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labor market is on a steady path to recovery.

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Jobs strength lifts Nasdaq to 11-year high

Reuters: Business News — Fri, 03 Feb 2012 18:21:24 +0000

NEW YORK (Reuters) – A surge in hiring last month lifted U.S. stocks on Friday, with the Nasdaq index hitting an 11-year high, as the data boosted hopes the world’s largest economy has turned a corner.

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Job growth surges, jobless rate near 3-year low

Reuters: Business News — Fri, 03 Feb 2012 17:00:24 +0000

WASHINGTON (Reuters) – The economy created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama as campaigning heats up ahead of November elections.

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Strong jobs report pushes Nasdaq to 11-year high

Reuters: Business News — Fri, 03 Feb 2012 16:47:21 +0000

NEW YORK (Reuters) – Stocks rose on Friday, propelling the Nasdaq index to an 11-year high, after January’s U.S. employment report sailed past expectations, boosting hopes the world’s largest economy has turned a corner.

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Job growth surges, jobless rate drops to 8.3 percent

Reuters: Business News — Fri, 03 Feb 2012 15:20:46 +0000

WASHINGTON (Reuters) – The economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, providing some measure of comfort for President Barack Obama who faces re-election in November.

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