Cisco Q3 revenue outlook strong after Q2 beat
Network equipment maker Cisco Systems Inc promised further revenue growth after its second quarter results beat estimates, thanks to a restructuring, leading to a dividend increase.
Jobs rebound dampens QE3 prospects: Fed officials
The pick-up in jobs has caught the eye of two top Federal Reserve officials who said on Wednesday that continued improvement in the beleaguered labor market dampens prospects for more economic stimulus measures from the central bank.
GOLD: Biased To The Upside Medium Term But Vulnerable
Although Gold is now seen failing to follow through on the back of its Tuesday rally, it continues to hold on to its medium term uptrend. However, it will have to break and hold above the 1,762.80 level, its Feb 03'2012 high to trigger that uptrend.
Rick Santorum's Primary Wins: 5 Issues Keeping Him in the Race
As a perennially trailing Republican primary candidate, Rick Santorum exploded from behind Tuesday to take victories in a presidential preference primary in Missouri and caucuses in Minnesota and Colorado.
Crude Inventory Gained but Less than Expected
According to the DOE/EIA weekly report, total crude oil and petroleum products stocks rose +4.17 mmb to 1059.64 mmb in the week ended February 3. Crude stockpile increased +0.30 mmb to 339.25 mmb as stocks gained in 4 out of 5 PADDs. Cushing stock added +0.37 mmb to 30.49 mmb. Utilization rate increased +1.0% to 82.8%.
Global Markets Overview - 02/09/2012
U.S. stocks pared losses to inch higher as investors digested headlines over a Greek debt-restructuring deal that would allow the euro-zone country to avoid a default.
