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Nightly Business Report for wednesday, july 10th. Good evening everyone. A very busy news day, especially late in the day. If you thought the markets fascination with the Federal Reserve and chairman ben bernanke was over, you thought wrong. Tonight speaking to economists in massachusetts he says the economy still needs help and the data show the feds current accommodative policy is needed for the foreseeable feature. On that news, bonds and sock futures rose and the dollar fell and the market twitched slightlierlier in the day when the fed released minutes from the june meeting. Those records show a much more sharply divided fed than previously thought, about half the officials thought the fed could end its bond purchases by the end of the year, and the other more accommodative half basically said not so fast. Lets see what the data say. Here is what ben bernanke had to sa ....
Nightly Business Report for wednesday, july 10th. Good evening everyone. A very busy news day, especially late in the day. If you thought the markets fascination with the Federal Reserve and chairman ben bernanke was over, you thought wrong. Tonight speaking to economists in massachusetts he says the economy still needs help and the data show the feds current accommodative policy is needed for the foreseeable feature. On that news, bonds and sock futures rose and the dollar fell and the market twitched slightlierlier in the day when the fed released minutes from the june meeting. Those records show a much more sharply divided fed than previously thought, about half the officials thought the fed could end its bond purchases by the end of the year, and the other more accommodative half basically said not so fast. Lets see what the data say. Here is what ben bernanke had to sa ....
That and more tonight on nightly Business Report for wednesday, july 17th. Im susie gharib with my colleague Bill Griffith and tyler will join us in a moment. After the market closed, ibm reported strong Quarterly Earnings but intels numbers disappointed. With more on the details. These are two very important things on the sector. Lets start with ibm as results are used as a barometer for measuring it and earnings per share managed to beat wall street expectations and thats why the stock is moving higher. After hours revenue came in lower at 24. 9 billion. Ibm raised fouryear outlook. The ceo said ibm deliver add Strong Performance in mainframe businesses. She says she expects continued improve the through the second half of the year for the big blue. A slig ....
That and more tonight on nightly Business Report for wednesday, july 17th. Im susie gharib with my colleague Bill Griffith and tyler will join us in a moment. After the market closed, ibm reported strong Quarterly Earnings but intels numbers disappointed. With more on the details. These are two very important things on the sector. Lets start with ibm as results are used as a barometer for measuring it and earnings per share managed to beat wall street expectations and thats why the stock is moving higher. After hours revenue came in lower at 24. 9 billion. Ibm raised fouryear outlook. The ceo said ibm deliver add Strong Performance in mainframe businesses. She says she expects continued improve the through the second half of the year for the big blue. A slig ....