Guest guest Posted October 15, 2007 Report Share Posted October 15, 2007 Dear friends, The stock markets are slightly down in Europe and Asia today. The US dollar has continued to weaken and is at its weakest point for a long time. At the same time, the price of oil and gold has continued to rise to new levels. The oil price at almost $85 per barrel, is probably a new record. The high oil price is based on fresh concerns about the suddenly tense political relatioship between Turkey and the USA that emerged last week. Interestingly, Saturn rules over oil and had earlier predicted volatility in financial markets, including the price of oil, when Saturn and Ketu become conjunct in transit. This aspect becomes exact on 23 October 2007. Best wishes, Thor VALUE CHANGE % CHANGE DJStoxx 50 4,487.00 -2.00 -0.04 FTSE 100 6,766.50 -7.00 -0.10 DAX 30 8,087.50 -7.00 -0.09 CAC 40 5,855.00 7.00 0.12 S & P/MIB 41,015.00 -160.00 -0.39 CURRENCIES VALUE CHANGE % CHANGE EUR-USD 1.4221 0.0044 0.31 EUR-JPY 167.3980 0.6426 0.39 EUR-GBP 0.6970 0.0006 0.09 COMMODITY FUTURES VALUE CHANGE % CHANGE Oil 84.84 1.15 1.37 Gold 761.20 7.40 0.98 Natural Gas 7.16 0.18 2.65 Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 15, 2007 Report Share Posted October 15, 2007 Dear Thor, Interesting to notic that the market in Asia and India in perticular were at a new high last week, as per the earlier predictions on the forum it should be in for a major correction worldwide within this week..lets see. Best regards Roshan --- cosmologer <cosmologer wrote: > Dear friends, > > The stock markets are slightly down in Europe and > Asia today. The US > dollar has continued to weaken and is at its weakest > point for a long > time. At the same time, the price of oil and gold > has continued to > rise to new levels. The oil price at almost $85 per > barrel, is > probably a new record. The high oil price is based > on fresh concerns > about the suddenly tense political relatioship > between Turkey and the > USA that emerged last week. Interestingly, Saturn > rules over oil and > had earlier predicted volatility > in financial > markets, including the price of oil, when Saturn and > Ketu become > conjunct in transit. This aspect becomes exact on 23 > October 2007. > > Best wishes, > > Thor > > VALUE CHANGE % CHANGE > DJStoxx 50 4,487.00 -2.00 -0.04 > FTSE 100 6,766.50 -7.00 -0.10 > DAX 30 8,087.50 -7.00 -0.09 > CAC 40 5,855.00 7.00 0.12 > S & P/MIB 41,015.00 -160.00 -0.39 > > CURRENCIES > VALUE CHANGE % CHANGE > EUR-USD 1.4221 0.0044 0.31 > EUR-JPY 167.3980 0.6426 0.39 > EUR-GBP 0.6970 0.0006 0.09 > > COMMODITY FUTURES > VALUE CHANGE % CHANGE > Oil 84.84 1.15 1.37 > Gold 761.20 7.40 0.98 > Natural Gas 7.16 0.18 2.65 > > > ______________________________\ ____ Be a better Heartthrob. Get better relationship answers from someone who knows. Answers - Check it out. http://answers./dir/?link=list & sid=396545433 Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 15, 2007 Report Share Posted October 15, 2007 Dear Roshan, Thank you for the additional information. The prediction by on 26 September is as follows: " The sub prime housing loans problem in US markets is causing concerns for a prolonged economic slow down which is likely to result in global setbacks for markets. Astrologically, the situation seems to be of some concerns in October, 2007, and is likely to start looking up after middle of November, 2007. " The ongoing strengthening of the dollar and the rise in the price of oil, with both now approaching peak levels, could be viewed as a setback for the markets. However, we will wait and see how share prices develop in coming weeks given the difficult transits. Best wishes, Thor - In SAMVA , rossin ucile <kandisa_ur wrote: > > Dear Thor, > > Interesting to notic that the market in Asia and India > in perticular were at a new high last week, as per the > earlier predictions on the forum it should be in for a > major correction worldwide within this week..lets see. > > Best regards > > Roshan > > > --- cosmologer <cosmologer wrote: > > > Dear friends, > > > > The stock markets are slightly down in Europe and > > Asia today. The US > > dollar has continued to weaken and is at its weakest > > point for a long > > time. At the same time, the price of oil and gold > > has continued to > > rise to new levels. The oil price at almost $85 per > > barrel, is > > probably a new record. The high oil price is based > > on fresh concerns > > about the suddenly tense political relatioship > > between Turkey and the > > USA that emerged last week. Interestingly, Saturn > > rules over oil and > > had earlier predicted volatility > > in financial > > markets, including the price of oil, when Saturn and > > Ketu become > > conjunct in transit. This aspect becomes exact on 23 > > October 2007. > > > > Best wishes, > > > > Thor > > > > VALUE CHANGE % CHANGE > > DJStoxx 50 4,487.00 -2.00 -0.04 > > FTSE 100 6,766.50 -7.00 -0.10 > > DAX 30 8,087.50 -7.00 -0.09 > > CAC 40 5,855.00 7.00 0.12 > > S & P/MIB 41,015.00 -160.00 -0.39 > > > > CURRENCIES > > VALUE CHANGE % CHANGE > > EUR-USD 1.4221 0.0044 0.31 > > EUR-JPY 167.3980 0.6426 0.39 > > EUR-GBP 0.6970 0.0006 0.09 > > > > COMMODITY FUTURES > > VALUE CHANGE % CHANGE > > Oil 84.84 1.15 1.37 > > Gold 761.20 7.40 0.98 > > Natural Gas 7.16 0.18 2.65 > > > > > > > > > > > ____________________ ______________ > Be a better Heartthrob. Get better relationship answers from someone who knows. Answers - Check it out. > http://answers./dir/?link=list & sid=396545433 > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 15, 2007 Report Share Posted October 15, 2007 Just got the news that Sensex in India crossed 19,000 Mark an all time high....Some indication!!! Hope this turns out to be a real boom!!! regards --- cosmologer <cosmologer wrote: > Dear Roshan, > > Thank you for the additional information. > > The prediction by on 26 September > is as follows: > > " The sub prime housing loans problem in US markets > is causing > concerns for a prolonged economic slow down which is > likely to result > in global setbacks for markets. Astrologically, the > situation seems > to be of some concerns in October, 2007, and is > likely to start > looking up after middle of November, 2007. " > > The ongoing strengthening of the dollar and the rise > in the price of > oil, with both now approaching peak levels, could be > viewed as a > setback for the markets. However, we will wait and > see how share > prices develop in coming weeks given the difficult > transits. > > Best wishes, > > Thor > > > - In SAMVA , rossin ucile > <kandisa_ur wrote: > > > > Dear Thor, > > > > Interesting to notic that the market in Asia and > India > > in perticular were at a new high last week, as per > the > > earlier predictions on the forum it should be in > for a > > major correction worldwide within this week..lets > see. > > > > Best regards > > > > Roshan > > > > > > --- cosmologer <cosmologer wrote: > > > > > Dear friends, > > > > > > The stock markets are slightly down in Europe > and > > > Asia today. The US > > > dollar has continued to weaken and is at its > weakest > > > point for a long > > > time. At the same time, the price of oil and > gold > > > has continued to > > > rise to new levels. The oil price at almost $85 > per > > > barrel, is > > > probably a new record. The high oil price is > based > > > on fresh concerns > > > about the suddenly tense political relatioship > > > between Turkey and the > > > USA that emerged last week. Interestingly, > Saturn > > > rules over oil and > > > had earlier predicted > volatility > > > in financial > > > markets, including the price of oil, when Saturn > and > > > Ketu become > > > conjunct in transit. This aspect becomes exact > on 23 > > > October 2007. > > > > > > Best wishes, > > > > > > Thor > > > > > > VALUE CHANGE % CHANGE > > > DJStoxx 50 4,487.00 -2.00 -0.04 > > > FTSE 100 6,766.50 -7.00 -0.10 > > > DAX 30 8,087.50 -7.00 -0.09 > > > CAC 40 5,855.00 7.00 0.12 > > > S & P/MIB 41,015.00 -160.00 -0.39 > > > > > > CURRENCIES > > > VALUE CHANGE % CHANGE > > > EUR-USD 1.4221 0.0044 0.31 > > > EUR-JPY 167.3980 0.6426 0.39 > > > EUR-GBP 0.6970 0.0006 0.09 > > > > > > COMMODITY FUTURES > > > VALUE CHANGE % CHANGE > > > Oil 84.84 1.15 1.37 > > > Gold 761.20 7.40 0.98 > > > Natural Gas 7.16 0.18 2.65 > > > > > > > > > > > > > > > > > > > > ____________________ > ______________ > > Be a better Heartthrob. Get better relationship > answers from > someone who knows. Answers - Check it out. > > > http://answers./dir/?link=list & sid=396545433 > > > > > ______________________________\ ____ Need a vacation? Get great deals to amazing places on Travel. http://travel./ Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 15, 2007 Report Share Posted October 15, 2007 Dear friends, The US stock market has dropped today, with the Dow Jones Industrial Average currently down 115 points, on concerns about credit losses. Best wishes, Thor U.S. Stocks Drop After Citigroup Says Consumer Credit Worsening By Michael Patterson Oct. 15 (Bloomberg) -- U.S. stocks fell the most in a month after the largest U.S. bank said credit losses will plague the financial industry for the rest of the year. Citigroup Inc. posted its biggest drop in almost six weeks and led banks and brokerages to their fourth straight decline after Chief Financial Officer Gary Crittenden said late payments on home loans may worsen in the fourth quarter. Eaton Corp., the world's second- biggest maker of hydraulic equipment, retreated after lowering its full-year profit forecast. The Standard & Poor's 500 Index lost 9.9, or 0.6 percent, to 1,551.9 at 11:16 a.m. in New York. The Dow Jones Industrial Average slipped 113.81, or 0.8 percent, to 13,979.27. The Nasdaq Composite Index fell 18.23, or 0.7 percent, to 2,787.45. Citigroup's warning heightened concern before a week in which banks are expected to report the biggest third-quarter profit decline of any industry. Consumer stocks posted the second-steepest drop in the S & P 500, losing 0.8 percent as a group. ``It's not a good spot to be in right now for a consumer here in America,'' said Tim Hartzell, who helps manage about $2 billion as chief market strategist at Kanaly Trust Co. in Houston. ``As for the Citigroups of the world, there's too much unknown that still has to work itself out.'' Citigroup retreated $1.19, or 2.5 percent, to $46.68 after third- quarter earnings fell 57 percent to $2.38 billion, or 47 cents a share. Citigroup's investment bank earned $446 million in the third quarter, a 74 percent drop from a year earlier. Eaton, Medtronic Eaton Corp. lost $3.05 to $93.35. The world's second-largest maker of hydraulic equipment lowered its full-year profit forecast because of weakness in the heavy-duty truck market tied to the U.S. housing slowdown and the North American Free Trade Agreement. Medtronic Inc., the world's biggest maker of electronic heart devices, retreated the most in a year after withdrawing wires that connect defibrillators to the heart because they may have caused five deaths. The shares fell $6.44 to $49.89. Boeing Co. fell $1.44 to $95.25 after Sanford C. Bernstein & Co. cut its recommendation for the world's second-biggest airplane maker to ``market perform'' from ``outperform,'' citing the potential for further disappointment on the 787 Dreamliner. Boeing last week postponed delivery of the plane by six months because of parts shortages and assembly delays. Biogen Idec Biogen Idec Inc. jumped $14.31 to $83.74. The company is considering a sale after billionaire investor Carl Icahn and unspecified potential buyers expressed interest. Sanford C. Bernstein said a ``take out'' price for the drugmaker is likely to be between $90 to $95 a share. Tektronix Inc., the maker of test equipment for communications companies including AT & T Inc., rallied $9.28 to $37.62. Danaher Corp., the maker of Craftsman hand tools, said it agreed to buy Tektronix Inc. for $38 a share in cash to expand in testing and measurement. Danaher shares slipped 57 cents to $81.90. SAMVA , " cosmologer " <cosmologer wrote: > > Dear Roshan, > > Thank you for the additional information. > > The prediction by on 26 September is as follows: > > " The sub prime housing loans problem in US markets is causing > concerns for a prolonged economic slow down which is likely to result > in global setbacks for markets. Astrologically, the situation seems > to be of some concerns in October, 2007, and is likely to start > looking up after middle of November, 2007. " > > The ongoing strengthening of the dollar and the rise in the price of > oil, with both now approaching peak levels, could be viewed as a > setback for the markets. However, we will wait and see how share > prices develop in coming weeks given the difficult transits. > > Best wishes, > > Thor > > > - In SAMVA , rossin ucile <kandisa_ur@> wrote: > > > > Dear Thor, > > > > Interesting to notic that the market in Asia and India > > in perticular were at a new high last week, as per the > > earlier predictions on the forum it should be in for a > > major correction worldwide within this week..lets see. > > > > Best regards > > > > Roshan > > > > > > --- cosmologer <cosmologer@> wrote: > > > > > Dear friends, > > > > > > The stock markets are slightly down in Europe and > > > Asia today. The US > > > dollar has continued to weaken and is at its weakest > > > point for a long > > > time. At the same time, the price of oil and gold > > > has continued to > > > rise to new levels. The oil price at almost $85 per > > > barrel, is > > > probably a new record. The high oil price is based > > > on fresh concerns > > > about the suddenly tense political relatioship > > > between Turkey and the > > > USA that emerged last week. Interestingly, Saturn > > > rules over oil and > > > had earlier predicted volatility > > > in financial > > > markets, including the price of oil, when Saturn and > > > Ketu become > > > conjunct in transit. This aspect becomes exact on 23 > > > October 2007. > > > > > > Best wishes, > > > > > > Thor > > > > > > VALUE CHANGE % CHANGE > > > DJStoxx 50 4,487.00 -2.00 -0.04 > > > FTSE 100 6,766.50 -7.00 -0.10 > > > DAX 30 8,087.50 -7.00 -0.09 > > > CAC 40 5,855.00 7.00 0.12 > > > S & P/MIB 41,015.00 -160.00 -0.39 > > > > > > CURRENCIES > > > VALUE CHANGE % CHANGE > > > EUR-USD 1.4221 0.0044 0.31 > > > EUR-JPY 167.3980 0.6426 0.39 > > > EUR-GBP 0.6970 0.0006 0.09 > > > > > > COMMODITY FUTURES > > > VALUE CHANGE % CHANGE > > > Oil 84.84 1.15 1.37 > > > Gold 761.20 7.40 0.98 > > > Natural Gas 7.16 0.18 2.65 > > > > > > > > > > > > > > > > > > > > ____________________ > ______________ > > Be a better Heartthrob. Get better relationship answers from > someone who knows. Answers - Check it out. > > http://answers./dir/?link=list & sid=396545433 > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 15, 2007 Report Share Posted October 15, 2007 * Citigroup Profit Falls 57%, Hurt by Subprime Losses Citigroup, the largest US bank, said Monday third-quarter profit fell 57 percent, hurt by losses and writedowns for subprime and leveraged loans, fixed- income trading and weakness in its consumer business. * Oil Soars to Record High Above $85 a Barrel * US Banks Set Up Rescue Fund to Ease Credit Crunch * Dow down 125 points. SAMVA , " cosmologer " <cosmologer wrote: > > Dear friends, > > The US stock market has dropped today, with the Dow Jones Industrial > Average currently down 115 points, on concerns about credit losses. > > Best wishes, > > Thor > > U.S. Stocks Drop After Citigroup Says Consumer Credit Worsening > > By Michael Patterson > > Oct. 15 (Bloomberg) -- U.S. stocks fell the most in a month after the > largest U.S. bank said credit losses will plague the financial > industry for the rest of the year. > > Citigroup Inc. posted its biggest drop in almost six weeks and led > banks and brokerages to their fourth straight decline after Chief > Financial Officer Gary Crittenden said late payments on home loans > may worsen in the fourth quarter. Eaton Corp., the world's second- > biggest maker of hydraulic equipment, retreated after lowering its > full-year profit forecast. > > The Standard & Poor's 500 Index lost 9.9, or 0.6 percent, to 1,551.9 > at 11:16 a.m. in New York. The Dow Jones Industrial Average slipped > 113.81, or 0.8 percent, to 13,979.27. The Nasdaq Composite Index fell > 18.23, or 0.7 percent, to 2,787.45. > > Citigroup's warning heightened concern before a week in which banks > are expected to report the biggest third-quarter profit decline of > any industry. Consumer stocks posted the second-steepest drop in the > S & P 500, losing 0.8 percent as a group. > > ``It's not a good spot to be in right now for a consumer here in > America,'' said Tim Hartzell, who helps manage about $2 billion as > chief market strategist at Kanaly Trust Co. in Houston. ``As for the > Citigroups of the world, there's too much unknown that still has to > work itself out.'' > > Citigroup retreated $1.19, or 2.5 percent, to $46.68 after third- > quarter earnings fell 57 percent to $2.38 billion, or 47 cents a > share. Citigroup's investment bank earned $446 million in the third > quarter, a 74 percent drop from a year earlier. > > Eaton, Medtronic > > Eaton Corp. lost $3.05 to $93.35. The world's second-largest maker of > hydraulic equipment lowered its full-year profit forecast because of > weakness in the heavy-duty truck market tied to the U.S. housing > slowdown and the North American Free Trade Agreement. > > Medtronic Inc., the world's biggest maker of electronic heart > devices, retreated the most in a year after withdrawing wires that > connect defibrillators to the heart because they may have caused five > deaths. The shares fell $6.44 to $49.89. > > Boeing Co. fell $1.44 to $95.25 after Sanford C. Bernstein & Co. cut > its recommendation for the world's second-biggest airplane maker to > ``market perform'' from ``outperform,'' citing the potential for > further disappointment on the 787 Dreamliner. Boeing last week > postponed delivery of the plane by six months because of parts > shortages and assembly delays. > > Biogen Idec > > Biogen Idec Inc. jumped $14.31 to $83.74. The company is considering > a sale after billionaire investor Carl Icahn and unspecified > potential buyers expressed interest. Sanford C. Bernstein said a > ``take out'' price for the drugmaker is likely to be between $90 to > $95 a share. > > Tektronix Inc., the maker of test equipment for communications > companies including AT & T Inc., rallied $9.28 to $37.62. Danaher > Corp., the maker of Craftsman hand tools, said it agreed to buy > Tektronix Inc. for $38 a share in cash to expand in testing and > measurement. Danaher shares slipped 57 cents to $81.90. > > > SAMVA , " cosmologer " <cosmologer@> wrote: > > > > Dear Roshan, > > > > Thank you for the additional information. > > > > The prediction by on 26 September is as follows: > > > > " The sub prime housing loans problem in US markets is causing > > concerns for a prolonged economic slow down which is likely to > result > > in global setbacks for markets. Astrologically, the situation seems > > to be of some concerns in October, 2007, and is likely to start > > looking up after middle of November, 2007. " > > > > The ongoing strengthening of the dollar and the rise in the price > of > > oil, with both now approaching peak levels, could be viewed as a > > setback for the markets. However, we will wait and see how share > > prices develop in coming weeks given the difficult transits. > > > > Best wishes, > > > > Thor > > > > > > - In SAMVA , rossin ucile <kandisa_ur@> wrote: > > > > > > Dear Thor, > > > > > > Interesting to notic that the market in Asia and India > > > in perticular were at a new high last week, as per the > > > earlier predictions on the forum it should be in for a > > > major correction worldwide within this week..lets see. > > > > > > Best regards > > > > > > Roshan > > > > > > > > > --- cosmologer <cosmologer@> wrote: > > > > > > > Dear friends, > > > > > > > > The stock markets are slightly down in Europe and > > > > Asia today. The US > > > > dollar has continued to weaken and is at its weakest > > > > point for a long > > > > time. At the same time, the price of oil and gold > > > > has continued to > > > > rise to new levels. The oil price at almost $85 per > > > > barrel, is > > > > probably a new record. The high oil price is based > > > > on fresh concerns > > > > about the suddenly tense political relatioship > > > > between Turkey and the > > > > USA that emerged last week. Interestingly, Saturn > > > > rules over oil and > > > > had earlier predicted volatility > > > > in financial > > > > markets, including the price of oil, when Saturn and > > > > Ketu become > > > > conjunct in transit. This aspect becomes exact on 23 > > > > October 2007. > > > > > > > > Best wishes, > > > > > > > > Thor > > > > > > > > VALUE CHANGE % CHANGE > > > > DJStoxx 50 4,487.00 -2.00 -0.04 > > > > FTSE 100 6,766.50 -7.00 -0.10 > > > > DAX 30 8,087.50 -7.00 -0.09 > > > > CAC 40 5,855.00 7.00 0.12 > > > > S & P/MIB 41,015.00 -160.00 -0.39 > > > > > > > > CURRENCIES > > > > VALUE CHANGE % CHANGE > > > > EUR-USD 1.4221 0.0044 0.31 > > > > EUR-JPY 167.3980 0.6426 0.39 > > > > EUR-GBP 0.6970 0.0006 0.09 > > > > > > > > COMMODITY FUTURES > > > > VALUE CHANGE % CHANGE > > > > Oil 84.84 1.15 1.37 > > > > Gold 761.20 7.40 0.98 > > > > Natural Gas 7.16 0.18 2.65 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > ____________________ > > ______________ > > > Be a better Heartthrob. Get better relationship answers from > > someone who knows. Answers - Check it out. > > > http://answers./dir/?link=list & sid=396545433 > > > > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 16, 2007 Report Share Posted October 16, 2007 Asian Stocks Decline on U.S. Home Loan Concern; Banks Slide By Darren Boey and Kazue Somiya Oct. 16 (Bloomberg) -- Asian stocks dropped the most in four weeks after losses reported by Nomura Holdings Inc. and Citigroup Inc. renewed concern a U.S. housing slowdown will stunt earnings growth at financial companies. Mitsubishi UFJ Financial Group Inc. posted its biggest decline since May last year and National Australia Bank Ltd. slipped to a one-week low. Federal Reserve Chairman Ben S. Bernanke said yesterday the housing slump will be a ``significant drag'' on U.S. growth into next year. ``Nomura's announcement of additional losses due to subprime securities shows this is not just limited to the U.S.,'' said Terunobu Kinoshita, who helps manage $785 million at Fund Creation Co. in Tokyo. J. Front Retailing Co., Japan's largest department store operator, retreated the most since listing on Sept. 3 after reporting operating profit that missed its forecast. HSBC Holdings Plc led Hong Kong's Hang Seng Index down from a record. The Morgan Stanley Capital International Asia-Pacific Index fell 1.2 percent to 166.87 at 3:17 p.m. in Tokyo, the most since Sept. 18. Shares tied to the finance industry contributed the most to the drop. The Nikkei 225 Stock Average lost 1.3 percent, while the broader Topix index declined 1.9 percent. All markets slid, except in Taiwan, China, Thailand and Sri Lanka. Indonesia is closed for a holiday. PetroChina Co., which yesterday surpassed General Electric Co. as the world's second-largest company by market value, gained on record oil prices. Taiwan's Asustek Computer Inc. climbed after a newspaper reported the company received orders for a million notebook computers. SAMVA , " cosmologer " <cosmologer wrote: > > * Citigroup Profit Falls 57%, Hurt by Subprime Losses Citigroup, the > largest US bank, said Monday third-quarter profit fell 57 percent, > hurt by losses and writedowns for subprime and leveraged loans, fixed- > income trading and weakness in its consumer business. > > * Oil Soars to Record High Above $85 a Barrel > > * US Banks Set Up Rescue Fund to Ease Credit Crunch > > * Dow down 125 points. > > SAMVA , " cosmologer " <cosmologer@> wrote: > > > > Dear friends, > > > > The US stock market has dropped today, with the Dow Jones > Industrial > > Average currently down 115 points, on concerns about credit losses. > > > > Best wishes, > > > > Thor > > > > U.S. Stocks Drop After Citigroup Says Consumer Credit Worsening > > > > By Michael Patterson > > > > Oct. 15 (Bloomberg) -- U.S. stocks fell the most in a month after > the > > largest U.S. bank said credit losses will plague the financial > > industry for the rest of the year. > > > > Citigroup Inc. posted its biggest drop in almost six weeks and led > > banks and brokerages to their fourth straight decline after Chief > > Financial Officer Gary Crittenden said late payments on home loans > > may worsen in the fourth quarter. Eaton Corp., the world's second- > > biggest maker of hydraulic equipment, retreated after lowering its > > full-year profit forecast. > > > > The Standard & Poor's 500 Index lost 9.9, or 0.6 percent, to > 1,551.9 > > at 11:16 a.m. in New York. The Dow Jones Industrial Average slipped > > 113.81, or 0.8 percent, to 13,979.27. The Nasdaq Composite Index > fell > > 18.23, or 0.7 percent, to 2,787.45. > > > > Citigroup's warning heightened concern before a week in which banks > > are expected to report the biggest third-quarter profit decline of > > any industry. Consumer stocks posted the second-steepest drop in > the > > S & P 500, losing 0.8 percent as a group. > > > > ``It's not a good spot to be in right now for a consumer here in > > America,'' said Tim Hartzell, who helps manage about $2 billion as > > chief market strategist at Kanaly Trust Co. in Houston. ``As for > the > > Citigroups of the world, there's too much unknown that still has to > > work itself out.'' > > > > Citigroup retreated $1.19, or 2.5 percent, to $46.68 after third- > > quarter earnings fell 57 percent to $2.38 billion, or 47 cents a > > share. Citigroup's investment bank earned $446 million in the third > > quarter, a 74 percent drop from a year earlier. > > > > Eaton, Medtronic > > > > Eaton Corp. lost $3.05 to $93.35. The world's second-largest maker > of > > hydraulic equipment lowered its full-year profit forecast because > of > > weakness in the heavy-duty truck market tied to the U.S. housing > > slowdown and the North American Free Trade Agreement. > > > > Medtronic Inc., the world's biggest maker of electronic heart > > devices, retreated the most in a year after withdrawing wires that > > connect defibrillators to the heart because they may have caused > five > > deaths. The shares fell $6.44 to $49.89. > > > > Boeing Co. fell $1.44 to $95.25 after Sanford C. Bernstein & Co. > cut > > its recommendation for the world's second-biggest airplane maker to > > ``market perform'' from ``outperform,'' citing the potential for > > further disappointment on the 787 Dreamliner. Boeing last week > > postponed delivery of the plane by six months because of parts > > shortages and assembly delays. > > > > Biogen Idec > > > > Biogen Idec Inc. jumped $14.31 to $83.74. The company is > considering > > a sale after billionaire investor Carl Icahn and unspecified > > potential buyers expressed interest. Sanford C. Bernstein said a > > ``take out'' price for the drugmaker is likely to be between $90 to > > $95 a share. > > > > Tektronix Inc., the maker of test equipment for communications > > companies including AT & T Inc., rallied $9.28 to $37.62. Danaher > > Corp., the maker of Craftsman hand tools, said it agreed to buy > > Tektronix Inc. for $38 a share in cash to expand in testing and > > measurement. Danaher shares slipped 57 cents to $81.90. > > > > > > SAMVA , " cosmologer " <cosmologer@> wrote: > > > > > > Dear Roshan, > > > > > > Thank you for the additional information. > > > > > > The prediction by on 26 September is as > follows: > > > > > > " The sub prime housing loans problem in US markets is causing > > > concerns for a prolonged economic slow down which is likely to > > result > > > in global setbacks for markets. Astrologically, the situation > seems > > > to be of some concerns in October, 2007, and is likely to start > > > looking up after middle of November, 2007. " > > > > > > The ongoing strengthening of the dollar and the rise in the price > > of > > > oil, with both now approaching peak levels, could be viewed as a > > > setback for the markets. However, we will wait and see how share > > > prices develop in coming weeks given the difficult transits. > > > > > > Best wishes, > > > > > > Thor > > > > > > > > > - In SAMVA , rossin ucile <kandisa_ur@> wrote: > > > > > > > > Dear Thor, > > > > > > > > Interesting to notic that the market in Asia and India > > > > in perticular were at a new high last week, as per the > > > > earlier predictions on the forum it should be in for a > > > > major correction worldwide within this week..lets see. > > > > > > > > Best regards > > > > > > > > Roshan > > > > > > > > > > > > --- cosmologer <cosmologer@> wrote: > > > > > > > > > Dear friends, > > > > > > > > > > The stock markets are slightly down in Europe and > > > > > Asia today. The US > > > > > dollar has continued to weaken and is at its weakest > > > > > point for a long > > > > > time. At the same time, the price of oil and gold > > > > > has continued to > > > > > rise to new levels. The oil price at almost $85 per > > > > > barrel, is > > > > > probably a new record. The high oil price is based > > > > > on fresh concerns > > > > > about the suddenly tense political relatioship > > > > > between Turkey and the > > > > > USA that emerged last week. Interestingly, Saturn > > > > > rules over oil and > > > > > had earlier predicted volatility > > > > > in financial > > > > > markets, including the price of oil, when Saturn and > > > > > Ketu become > > > > > conjunct in transit. This aspect becomes exact on 23 > > > > > October 2007. > > > > > > > > > > Best wishes, > > > > > > > > > > Thor > > > > > > > > > > VALUE CHANGE % CHANGE > > > > > DJStoxx 50 4,487.00 -2.00 -0.04 > > > > > FTSE 100 6,766.50 -7.00 -0.10 > > > > > DAX 30 8,087.50 -7.00 -0.09 > > > > > CAC 40 5,855.00 7.00 0.12 > > > > > S & P/MIB 41,015.00 -160.00 -0.39 > > > > > > > > > > CURRENCIES > > > > > VALUE CHANGE % CHANGE > > > > > EUR-USD 1.4221 0.0044 0.31 > > > > > EUR-JPY 167.3980 0.6426 0.39 > > > > > EUR-GBP 0.6970 0.0006 0.09 > > > > > > > > > > COMMODITY FUTURES > > > > > VALUE CHANGE % CHANGE > > > > > Oil 84.84 1.15 1.37 > > > > > Gold 761.20 7.40 0.98 > > > > > Natural Gas 7.16 0.18 2.65 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > ___________________ _ > > > ______________ > > > > Be a better Heartthrob. Get better relationship answers from > > > someone who knows. Answers - Check it out. > > > > http://answers./dir/?link=list & sid=396545433 > > > > > > > > > > Quote Link to comment Share on other sites More sharing options...
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