Economic growth seen at 3.7 percent in Q2 forecast
The government projects GDP to rise 3.7 percent in the second quarter as consumer spending strengthens after a 0.6 percent gain in the first quarter. The Finish Line expects improved earnings and revenue in its fiscal Q2 after a solid Q1, helped by a 5.5 percent rise in same store sales.
MENTIONED IN THIS ARTICLE
Ger Wneroe Department
Caterpillar
Consumer sentiment rises but teeters amid market turbulence
Consumers show improved mood this summer as the University of Michigan sentiment index runs 11.4 percent above last year. Stocks' volatility cools optimism with the index sliding to 91.9 in August from 93.1. Economists expect today’s reading to drop again.
MENTIONED IN THIS ARTICLE
University of Michigan
Click of the Mouse Boosts OAPA Offerings
A compact note reports a online sales push for www.oapa. with emphasis on a link driven approach. Trading data shows light crude at 15059.00 per barrel while yesterday activity recorded 725,549 sales and 1,591,158 open interest.
MENTIONED IN THIS ARTICLE
Oapa
Morningstar deems fund solid after co manager leaves
Morningstar keeps FundFocus Morningstar as a solid core bond choice despite the August departure of co manager Pramod Alluri. The note emphasizes the fund's stable intermediate term bond strategy and core holdings.
MENTIONED IN THIS ARTICLE
Morningstar
Pramod Alluri
Emitti Fears VW Scandal Swaying Auto Shares Global
Emitti warns the Volkswagen emissions scandal may drag down shares of automakers from Detroit to Europe and Asia, signaling a broad market impact and investor caution across regions.
MENTIONED IN THIS ARTICLE
Volkswagen
U.S
Auto
General Motors
Ford
Europe
Dodge
Chevrolet
Mercedes-Benz
Emitti
Detroit
Asia
Joe DeCarollis
Permian Basin Stock Portfolio Update
Portfolios in the Permian Basin show mixed moves with several tickers updating. Traders track gains in energy shares while midcap names react to crude price swings and regional demand signals.
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