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Archive for April, 2012

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Barnes & Nobles, Sunoco among hot stocks

Barnes & Noble (BKS) shares surged 62 percent Monday on news that Microsoft is investing $300 million in a new venture that will include the bookstore chain's digital and college businesses. Barnes & Noble shares were up $8.52 at $22.20 in heavy midday trading.

Canadian Economy Loses More Dteam in February

Today's report did have a few surprises and puts some downside risk to our forecast for the Canadian economy in the first quarter. However, there are a few important factors to keep in mind. First, this does not include the considerable steps taken by policymakers to contain the European debt

Personal Income Rises Modestly in March

Personal income rose 0.4 percent in March, with most major components making positive contributions during the month. Wages and salaries, which account for a little more than half of overall personal income, rose 0.3 percent in March and climbed at a 4.3 percent annual rate during the first quarter. While

U.S. Personal Consumer Expenditure Rose Less than Expected in March with Personal Income Up …

Personal consumer expenditure (PCE) rose 0.3% in March 2012, which was modestly softer than the 0.4% gain expected. The monthly increase followed upwardly revised gains in February and January of 0.9% and 0.5%, respectively (previously reported as increases of 0.8% and 0.4%, respectively). Gains in March were concentrated in non-durable

Canadian February GDP Unexpectedly Declined

February 2012 GDP declined 0.2% in the month, following unrevised gains of 0.1% and 0.5% in January 2012 and December 2011, respectively. Expectations had been for a 0.2% gain in the month. The main element of the downward surprise was the broad-based weakness in goods-producing industries, which on aggregate dropped
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