Collapse: Bears are preparing a surprise for the Dow Jones Industrial

Dow Jones Industrial Average is ready to defend

In brief: Dow Jones Industrial Average may continue trading on the U.S. stock market in a negative mood on the background of macroeconomic problems the United States.

Dow Jones Industrial Average could fall victim to bear the strongest attacks against the U.S. financial sector problems. First half of trading on the U.S. stock market for Dow Jones will be calm enough, but the second half of the session will be dangerous. A few minutes ago it became known that the Australian company buys a problematic American company.

The largest packaging company in Australia, Amcor has agreed to acquire the assets of American corporations Ball for $ 280 million. So, thanks to the acquisition unit Ball Plastics Packaging Americas, the company Amcor will be able to open 5 new plants in North America and access to new markets. At the same time, excellent statistics came from FedEx. The U.S. company FedEx reported on the profit for the fourth quarter to end May 31 of $ 696 million, or $ 1.33 per share, compared with a loss of $ 849 million, or $ 2.82 per share, recorded a year earlier. Revenue for the period increased by 20% to $ 9.43 billion.

Ukrainian Globalist
2010-06-16 14:12, Economics.

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