Roundup / shares of New York concluded: recovery attempt ends almost in the red
NEW YORK (Reuters) – The recovery attempt by the U.S. stock market is expected on Thursday, ultimately the air. After an interim increase of 0.75 percent of the Dow Jones Industrial slipped into negative territory shortly before the end even. Trade: He just made the rotation to plus 0.16 percentage points and 12855.04. For even the day before to its lowest level since early March killed S & P 500 index was an increase from 0.25 percent to 1357.99 points. On the Nasdaq saw the view from Cisco Systems for depression – the composite index lost 0.04 percent at 2933.64 points, and the selection index Nasdaq 100 was down 0.19 percent at 2616.24 points.
uncertainty remains high, overlooking the Greek marathon search of a coalition. However, there are first glimmer of hope: the Socialists (PASOK) party and the moderate small Democratic Left (Dimar) have agreed to form a broad coalition agreement. It must still join other parties. Whether this works is still possible this Friday at a meeting of Socialist leaders Evangelos Venizelos with the Chairman of the Conservative Party, Antonis Samaras, and the head of the alliance of the Radical Left, Alexis Tsipras be clarified. Recovery was also positive signals from the labor market after the initial requests were declined surprising for unemployment benefits in the past week.
CISCO DISAPPOINTED WITH FORECAST – COURSE BURGLARY
After the quarterly report on the eve of Cisco shares were both in the leading index and the Nasdaq 100 with a slip by 10.49 percent to 16.81 U.S. dollars at the bottom. For depression, the outlook of the company provided for the current quarter. Analyst Stuart Jeffrey Nomura from evaluated it as a disappointment. The sales forecast by 3 percent and lay the center of the forecast range for the win as much as 8 percent below expectations, said Jeffrey. He cut his earnings estimates for fiscal years 2013 and 2014 by up to 7 percent. His price target of 24, he bolted back to 22 dollars, however, remained the basis of the valuation of the shares to ‘buy’.
Best Value in the Dow, however, was the title of pharmaceutical Pfizer with an increase of 1.69 per cent to 22 , 83 dollars, followed by the value of oil Chevron with a growth of 1.55 percent to 103.36 dollars.
LAST OFFER FOR AVON – SHARES FALL
Outside the well-known indices
Avon to 3.29 percent fell to $ 20.89 . The German billionaire Reimann family makes the U.S. cosmetics company Avon one last bid. The reclusive clan from the Rhine-Neckar region is now willing to pay about 10.7 billion dollars or the equivalent of 8.1 billion euros for the direct marketing specialists. To date, there were 10 billion dollars. But the offer does not last forever. Reimann have set a deadline of the end of this month / ag / he