Friday, September 11, 2009

Consumer moods brighten in early September

Date: Friday, September 11, 2009

Consumer moods brighten in early September

The U.S. consumer sentiment index jumps in early September to 70.2
from 65.7 in August, according to media reports of the
Reuters/University of Michigan index.

FEDEX FIRST-QUARTER PROFIT TO EXCEED GUIDANCE

FedEx Corp. says its fiscal first-quarter profit will exceed company
guidance due to better-than-expected international volume, a lower
fuel bill and improved cost management.

BACK FROM BEACH, STRATEGISTS SEE COOLER STOCK RISE

Stock strategists, who left for summer vacations musing over the market's
double-digit rebound, have returned with buffed-up forecasts that
project an extended -- though cooler -- run for stocks.

LET'S DO THE TIME WARP AGAIN ON THE MARKETS

A look at what newsletter editors were saying exactly one year ago
reveals few clues that the stock market was about to go over a cliff,
entering a free fall from which it would not stop for another six
months.

GOLD SURGES AS DOLLAR FALLS AGAIN

Gold futures surge Friday, heading for their fourth weekly gain as the U.S.
dollar falls against the euro to a fresh one-year low, boosting gold's
investment appeal.

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