Before the bell: Senate approves bill, futures down; UBS, MOS, MAR, IMCL, GE, EBAY ... |
| Published: October 2, 2008, 9:20 am |
| Tags: aapl, agu, bmy, bp, ge, goog, imcl, inthenews, lly, mar, mon, mos, pot, ubs |
|
Filed under: Before the bell, Earnings reports, Analyst upgrades and downgrades, Deals, Google (GOOG), Apple Inc (AAPL), eBay (EBAY), General Electric (GE), Market matters, Bristol-Myers Squibb (BMY), BP p.l.c. ADS (BP), Marriott Intl'A' (MAR), Lilly (Eli) (LLY), Economic data, ImClone Systems (IMCL), Federal Reserve, Potash Corp. of Saskatchewan (POT)U.S. stock futures were flat to lower Thursday morning following the senate approval of its version of the $700 billion bailout package. Meanwhile, the Federal Reserve said it was considering a rate cut. Following all the economic data released Wednesday indicating the U.S. is in a recession, this isn't surprising. The ECB is also meeting today to consider its move. Today, the Labor Department will report weekly initial jobless claims and the Commerce Department will release August factory orders. Regulators also extended the ban on short-selling shares of some 800 financial companies.UBS (NYSE: UBS), which has been hard hit by the [ Full article ] |
 Blog link
|
No Comments...