Posts Tagged ‘consumer’

Sharp plans to cut 11,000 jobs worldwide

Sharp is set to cut 11,000 jobs and sell assets and plants worth $ 2.7bn as the consumer electronics giant tries to turn its financial fortunes around, according to a report released on Tuesday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

U.S. economy grows by 1.5% in second quarter

Second-quarter gross domestic product (GDP) in the U.S. grew, but at a slower pace indicating that the softening labor market resulted in lower consumer spending. Making things worse, there is little sign that growth will expand significantly anytime soon. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Consumer spending rose in February fueled by increases in prices for staples

U.S. consumer spending registered its largest increase in February since last July. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Stock futures higher as markets poised to finish week on positive note

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stock index futures point to extended gains for Wall Street Friday as traders remain upbeat on the U.S. economy. Shortly before the opening bell, the Dow Jones Industrial Average rose 38 points to 13,209, the Standard & Poor’s 500 futures eked up […]

Stocks rise Friday on consumer confidence, Italy vote

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks celebrated Veteran’s Day will a strong rally. Helping markets advance was a report that showed a better than expected rise in the Consumer Confidence Index and a vote in Italy on its debt reduction plan. At 3 p.m., with just […]

Consumer Stock Valuations Said Too Rich

Bulls and bears agree that lofty defensive valuations for makers of household goods can’t be sustained, recession or not View full post on Finance Stories

Global growth fears back in focus

Exporters and resources pace a fall in Asian shares as a surprise drop in US consumer spending fuels concerns about slowing economic growth View full post on UK Business Stories

Retailers suffer sharp fall in spending

BRC survey comes against a backdrop of warnings from stores that a slowdown in consumer spending that emerged in mid-January is persisting View full post on UK Business Stories

Israel poised for second year of growth as shoppers replace exports

The Media Line Staff Jerusalem, Israel David Rosenberg – The Israeli economy, which shrugged off the world financial crisis, is set to show another year of strong growth, with increased consumer spending taking the lead from exports as the key driver, a survey of forecasters by The Media Line shows. Israel’s gross domestic product will […]

China Stocks On Six-Month High On Profits, Commodities

Lawrence Mijares – AHN News Contributor Shanghai, China (AHN) – The Shanghai Composite Index advanced 76.38, or 2.6 percent, to 3,051.42 at the 3 p.m. close, the highest since April 16. The increase in profit is due to the continuous weakening of the U.S. dollar and rising commodity prices due to increased consumer demand where […]