Trading Now

Trading Now

Tuesday, August 4, 2009

Today's Numbers

White House releases data on loan-modifications to stem foreclosures. J.P. Morgan: 20%. Bank of America: 4% (

The Commerce Department has just released its data on Personal Income and Spending for the month of June. Income came in at -1.3%, and Dow Jones had estimates at -1.2%as the consensus. We’d also note that the May figure was revised to +1.3% from +1.4%. On the surface, this may be the largest drop in percentage terms of income in nearly four years. Some of this drop is being attributed to ’seasonal adjustments.’
(24/7 wall street)

Toyota (TM) posted an $816 million loss in its last quarter, but lifted its forecasts

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