pmi: search

Lazard Capital Downgrades Electronic Arts (ERTS) to Hold

Trading Radar for 11/3: MasterCard (MA), Viacom (VIA), Anadarko (APC), DryShips (DRYS), PMI (PMI) Report; Construction Spending, ISM Index Due

Circuit City, Goodyear Tire, PMI among big movers

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

U.K. Construction Slips to Record Low, All Eyes on the Bank of England

Building activity in the U.K. reached its lowest level since recordkeeping began in 1997 as the construction PMI index slipped to 35.1 from 38.8 in September. The release crossed the wires much weaker than the 37.8 estimate anticipated by economists, which indicates that economic activity is slowing at a faster pace than initially expected. The lack of recovery housing sector paired with mounting turmoil in the credit market suggests that conditions may only get worse over the coming months as Europe’s second largest economy heads into a recession. Despite the increased efforts by the Bank of England to stave off further downturns in the economy, the central bank is expected to lower borrowing costs by 50bp this week, and could be forced to ease policy further in order to avoid a severe downturn in the economy.

Berlin to Host 2009 MTV Europe Music Awards

Trading Radar for 11/26: Deere (DE), Tiffany (TIF), Yingli (YGE) Report; Durable Orders, Initial Jobless Claims, Personal Income/Spending, Chicago PMI, UofM Sentiment Index Due

Top Image Systems and Medius Announce Partnership to Provide Customers With a Comprehensive End-to-End EDI Solution and Business Workflow

Trading Radar for 11/26: Deere (DE), Tiffany (TIF), Yingli (YGE) Report; Durable Orders, Initial Jobless Claims, Personal Income/Spending, Chicago PMI, UofM Sentiment Index Due

Media Advisory: The Portrait Gallery of Canada in Collaboration with the Canada Science and Technology Museum Host a Centennial Celebration for Yousuf Karsh

Trading Radar for 11/26: Deere (DE), Tiffany (TIF), Yingli (YGE) Report; Durable Orders, Initial Jobless Claims, Personal Income/Spending, Chicago PMI, UofM Sentiment Index Due

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