As per the stocks rallied Monday, with the , as investor optimism gained momentum. The Dow Jones industrial average (INDU) soared 204 points, or 2%, to close at 10,226.94 --marked as the highest level since Oct. 3, 2008. Financial and commodity-related shares led the advance.The gains were broad-based, with all but 1 of the 30 components in the blue-chip index closing … [Read more...]
Dividends for the long run
According to the leading magazine -- This has proven to be a worst year for dividend cuts in three generations. Striving to conserve cash amid the most severe slump since the Depression, companies are reducing or eliminating their payouts to shareholders. Banks, of course, have led the way, but also cutting payouts are such stalwarts as Dow Chemical (DOW, Fortune 500) (which … [Read more...]
Sprint Nextel Corp. to slash jobs
As per the sources the latest news on ir is that the Wireless provider company Sprint Nextel Corp. is aiming to cut its labor costs by $350 million, on a yearly basis, as part of a widespread restructuring plan. Sprint Nextel Corp. declared its plans to cut between 2,000 and 2,500 jobs as part of a restructuring plan aimed at reducing labor costs by at least $350 million, on an … [Read more...]
Make Profit in 2010 On your investments
"Companies need to start showing some real, sustainable earnings growth,in order for the market to keep delivering gains in 2010, as said by one of the analysts of the Forester Value Fund. The good news is that those profits will probably materialize. Analysts look for operating earnings for S&P 500 companies to rise 27% from recession-battered levels, fueled primarily … [Read more...]
The Nifty Levels for 10th November 2009
Please find the correct levels for nifty The Nifty Levels for 10th november 2009 are First Resistance = 4950 First Support =4821 Second Resistance =4994 Second Support =4736 Breakout above = 5079 Break down Below = 4692 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]