Monthly Archives: October 2011

The U.S. Economy Expanded At 2.5 Annual Rate

A report Thursday showed that the U.S. economy expanded at a solid 2.5 annual rate in the July-September quarter. That helped ease concerns that another recession might be nearing. Yet the news may have also raised unrealistic expectations about the … Continue reading

Posted in Business, Economy | Comments Off

Bright Automotive Car Company Plan To Build Hybrid Trucks With AM General

Indiana car company Bright Automotive announced its plan to build plug-in hybrid work trucks at AM General. This plan could to bring 300 jobs to St. Joseph County by early 2013. But it’s not a done deal. Bright Automotive wants … Continue reading

Posted in Automotive, Business | Comments Off

New 401(k) Retirement Plan Regulation For Small Businesses

A new regulation issued by the Department of Labor this week will allow small businesses to more expert advice for 401(k) retirement plans. This regulation will improve access for retirement plan companies to offer workers individual account advice and other … Continue reading

Posted in Lifestyle, Retirement | Comments Off

Stock Exchange, NYSE Euronext To Release Incorrect Stocks Information

A technical problem caused NYSE Euronext Stock Exchange to release over 1,000 of incorrect stocks information and securities on Thursday. The error resulted in some online sites showing closing prices for some securities that were actually based on trades that … Continue reading

Posted in Stock Exchange, Trading | Comments Off

Options Markets, GDX Call Options Hit A Record At 1.2 Million

Options Markets, the number of outstanding GDX call options hit a record at 1.2 million last Friday, and open interest in GDX calls was about 1.1 million at Wednesday’s close, notes a report by Dow Jones Newswires. The GDX put-call … Continue reading

Posted in Options, Trading | Comments Off

Trading Market Activity Set Gold Higher

Trading market activity of bullish options in the Market Vectors Gold Miners ETF (GDX) has doubled over the past 10 weeks to near all-time highs. That’s likely to be a boon for gold miners. Today, Barrick Gold (ABX), GDX’s biggest … Continue reading

Posted in Gold, Trading | Comments Off

U.S. Dollar Under Pressure Against Yen At Forex Market

U.S. dollar remained under downward pressure against the yen in Asia Friday, as traders watched for any signs that Japanese financial authorities might attempt to weaken the yen through Forex market intervention. The biggest focus remains intervention; without such action, … Continue reading

Posted in Forex, Trading | Comments Off