Corporation News

The euro fell against the U.S. dollar as the single currency traded around 1.2880 to the dollar levels. British pound also gave the green of money, reaching levels around 1.4910 to the dollar.
Dollar strengthened their positions during the North American session after U.S. stock markets decreased due to continued weakness in the market for homes. This has led much of investors to reduce their risk assets.
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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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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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Member countries of the oil exporting countries have lost about 700 billion dollars because of falling oil prices, said in an interview the organization’s president Chakib Kelly, cited by the BBC.
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World Bank plans to provide USD 100 billion dollars in the form of aid to developing countries since some of the poorest countries face a serious test for the global financial crisis, says Financial Times. During the international meeting this weekend of President Robert institution Zelik said it would be a historic mistake to ignore the interests of the developing world.
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U.S. shares rose more expensive, thus their weekly growth rose by the largest since 1974 after JPMorgan Chase acted to deal with problematic mortgages, interbank interest rates decreased and the profits of companies outside the financial sector grew four times faster than in the previous quarter.

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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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On increasing scholarships around the world last week, not past and the Bulgarian Stock Exchange, sending the index value SOFIX spotlight at its lowest since June 2005 and after. Lack of company’s domestic market to increase as a favorite for the week, led us to look to turn the U.S. market, which is an important barometer of investor behavior in recent weeks.

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