Archive for September 15th, 2009

Stock futures edge lower ahead of data (Reuters)

U.S. stock index futures edged lower on Tuesday as investors awaited key economic data, including the retail sales report, for more evidence of an economic recovery.

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Stock futures point toward modestly lower open (AP)

Stock futures are modestly lower Tuesday as investors await three reports that could provide insight into any potential economic recovery.

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UK emerging from recession, Bank of England says (AP)

Bank of England governor Mervyn King said Tuesday that the British economy is slowly emerging from its deepest recession since World War II but that inflation, which fell in August to a near five-year low, was unlikely to be a problem any time soon.

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Finland says slump over but growth will be slow (AP)

The recession in Finland has bottomed out but the recovery will be slow and unemployment will continue to grow, the government said Tuesday.

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German investor confidence at highest in 3 years (AP)

German investor confidence rose slightly in September to its highest level in over three years on mounting expectations for a gradual recovery, but stopped short of most economists’ forecasts, a survey found Tuesday.

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Bamboo Solutions Announces GSA Contract Award (Business Wire)

RESTON, Va.—-Bamboo® Solutions, a Microsoft Gold-Certified Partner and leading provider of technologies that enhance Microsoft® SharePoint®, today announced that it has been awarded a five-year Multiple Award Schedule contract GS-35F-0641V for Federal Supply Schedule 70, by the General Services Administration .

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Cracker Barrel Reports 9% Increase in Fourth Quarter EPS (Business Wire)

LEBANON, Tenn.—-Cracker Barrel Old Country Store, Inc. : Fourth-quarter diluted EPS from continuing operations of $0.99, an increase of 8.8% compared with the prior-year quarter Revenue for the fourth quarter declined 1.0% to $595.6 million compared with the prior-year quarter Operating income margin in the fourth quarter was 7.0% of total revenue compared with 6.9% in the prior-year quarter Net cash flow from operating activities increased $39.7 million to $164.2 million in fiscal 2009 Closed sale/leaseback transactions and paid down $133.0 million of long-term debt in the fourth quarter

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Research and Markets: Slovakia – Telecoms, Mobile, Broadband and Future Forecasts Through to 2013 (Business Wire)

DUBLIN—-Research and Markets has announced the addition of the “Slovakia – Telecoms, Mobile, Broadband and Forecasts” report to their offering.

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Philippine July remittances surge to 9.3 percent (AP)

Remittances from Filipinos working abroad amounted to $1.5 billion in July, up 9.3 percent from a year earlier due to sustained demand for Philippine manpower and increased access to money transfer facilities, officials said Tuesday.

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Philippine unemployment rate rises to 7.6 percent (AP)

The Philippines’ jobless rate rose to 7.6 percent in July as the number of unemployed Filipinos climbed to 2.9 million, the government said Tuesday.

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