Corporation News

Stock Quotes in the USA today’s session started with decreases after negative data on the labor market in the country, which showed that companies from non-agricultural sector have closed nearly 500 thousand jobs in November, but the level of unemployment noted consequential increase to 6 7 percent.

At present, Dow Jones Industrial Average falling by 1.9 percent to 8 215.51 points, while S & P 500 fell by 2.2 percent to 826.26 points. Technological Nasdaq Composite reported a decline of 2.3% to 1 412.75 points.

Securities of Boeing Corp. fell by 6.6 percent to 36.60 dollars after it became clear that corporation may slow deliveries of the new model “787 Dreamliner” at least another six months. Shares of General Motors become cheaper to 4.6 percent since the start of trade reaching 3.92 dollars after road of concern reported that a further reduction plan 2 000 employees in early 2009 because of deteriorating sales of cars U.S..

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Economic growth in Australia was delayed by up to 0.1 percent during the third financial quarter to the end of September as a slow its pace of eight years, shows official data published today, quoted by AP.
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Prime Minister of Australia Kevin Rud announced plan to boost the economy. Pacific country became so serious that adopts measures to combat the crisis that threatens the world economy with recession.
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New U.S. president Barak Obama outlined the contours of a plan to revitalize the U.S. economy over the next few years forward AP.
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Direct losses in the global economy as a result of this financial crisis will reach 2.8 trillion dollars, says the “Stabilization report of the Bank af Ingland. The financial institution twice increased its estimate of the amount of losses compared to its assessment, made in May.
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Futures of light crude oil with delivery in November closed at a level of 64.15 dollars for a barrel today in New York Exchange registered a fall of 3.69 dollars or 5.4 percent.

For the week “black gold” lost 11.1 percent of its value.
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After U.S. shares opened higher, optimism left the market and currently the main U.S. indexes are in negative territory.

After opening with over 2 percent growth at a level of 8 692 points, Dow Jones index fell by over 250 points and when compared with 1.19 percent. Last benchmark was 8 418 points.
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Several European stock exchanges stopped trading today because of strong market volatility and fears of a mass panic auctions.

Exchanges in Vienna, Romania ceased trading session today morning, and those in Iceland and Ukraine remain closed after yesterday decided to stop the trade. Earlier it became clear that stock markets in Russia will remain closed.
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81 percent of Russian companies see global financial crisis a threat to their businesses and 9.5 percent believe the crisis will affect them in part, shows a survey last week research company Cornerstone, published by the newspaper “Vedomosti”. Only 9.5 percent of Russian businesses do not think the financial crisis will affect them.
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Central bankers in China and Thailand have indicated that the credit financial crisis in the U.S., which Lehman Brothers bankrupt and wiped 19 trillion dollars of global stock markets last year, have a limited impact on banks in Asia, reported Bloomberg.

Central bankers Asian countries are meeting today in Thailand, to discuss issues around global financial crisis.
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