Operator of the most popular Chinese search engine on the Internet Baidu, accounted for more than the two-fold increase in net profit for the second quarter to 837.4 million yuan ($ 123.6 million) or 2.4 yuan per share.
Dow Jones Industrial Average began to fall with greater speed. U.S. Stock Market: Shares fall in price on higher than average volume on the NYSE and lower on the NASDAQ. NYSE: trading volume totaled 1.06 billion shares, roughly 3% above the average for the past three months at this time, the ratio of the drop experienced in the course of trading shares to the number increased – 4.5:1.
Dow Jones falls to lowest level ending the week. The DJIA fell from the very beginning of trading, in the middle of the trading session the bulls attempted to save the Dow index, but the Bears crushed index of blue chips. Dow Jones Industrial Average fell to 10,096.16, losing 263.15 points (-2.54%). At the same time, quarterly reporting Bank of America (BAC) as a whole was worse than our expectations, especially in regard to the income of the bank, although we saw a positive EPS surprise.
U.S. Stock market opens after 3 days of leave. U.S. Independence Day suspends unsuccessful bid last week, but the yield of statistics took place yesterday. Dow Jones bulls react to positive data on futures trading, the level of support for the DJIA is an average against the sluggish trading in Europe and the mixed index dynamics in the Asian region.
U.S. Internet giant Google has agreed to buy for $ 700 million company ITA Software, a software (SW) used by airlines, travel agencies and specialized sites for selection of routes flights. Google plans to integrate this service into its search engine that allows users to plan trips without the mediation of tour operators and agencies.
DJIA continues to weaken against the negative statistics. Bulls cleared shoulder support for Dow index at the beginning of the trading session. Trading in U.S. stock indices ended lower. The pressure on the market has had a series of negative macroeconomic data published in recent days. As a result of trading the index of “blue chips” Dow Jones Industrial Average fell to 41.5681 points or 0.43%, to 9732 points. The index of wide market S & P 500 closed down fall to 3.34 points or 0.32%, at around 1027 points. “High-tech” Nasdaq Composite closed lower at 7.88 points or 0.37% at around 2101 points.
Dow Jones Industrial Average – nervous atmosphere in the market remains the second consecutive day. Yesterday’s loss of Dow Jones have left their mark. Tuesday, June 8, the stock market of the United States by mid-session trading in a moderate positive territory after a period of fluctuation of the “red” zone in the “green” and vice versa. Nervous atmosphere in the market remains the second consecutive day, helped by the ambiguous information background.
Dow Jones Industrial fell a second consecutive session. The overall negative market very negative impact on the index of blue-chip Dow Jones Industrial Average. On Monday, June 7, the U.S. stock market showed a negative trend. If the first session, the index rose on a background of positive statistics on manufacturing orders in Germany, under the veil of trades lost much of their positions because of negative news emerging in the banking sector.
Dow Jones Industrial Average is falling. The trading volume of the market fell sharply. Experts are sounding the alarm. Monday, May 24, major indexes of the American stock market in the first half of the trades have shown mixed dynamics. Note that the Spanish government has supported a small local bank CajaSur, morphed into rumors of significant problems experienced by other representatives of the European banking system, and upset investors around the world. Nevertheless, the published data on the U.S. housing market and the recommendations of analysts for securities representatives of high-tech sector pulled the indicators S & P500 and Nasdaq from the “red” zone.
On the conference in San Francisco Google Corporation presented opened platform Google TV, which unites search, internet-applications and browser with TV. New service is to be started in US this autumn and in other countries in 2011. Google idea was supported by Adobe, Intel, Sony and Logitech producers.