Treasury's Troubled Asset Relief Program, known as TARP.FIZZLED OUTStronger-than-expected first quarter results from financial companies sparked a rally in the sector which spread to the rest of the stock market. World stocks as measured by MSCI were up 1 percent by 1319 GMT.The latest U.S retail sales figures were not all good. Excluding both autos and gasoline, sales were down 0.2 percent, the fourth consecutive monthly decline. Department stores and restaurants were among the laggards, suggesting that consumers remained reluctant to resume discretionary spending despite signs the recession may be drawing to a close.In Europe, data Tuesday showed that German investors have turned more pessimistic than expected, a signal analysts say means the nation's economy won't start growing until next year at least."The German economy could be among the first to escape the recession. bank to report quarterly earnings in the current cycle, saw its performance bolstered by improving markets and strong trading results.But gains were tempered by a one-off $426 million charge related to the repayment of $10 billion in loans from the U.S. Treasury Secretary Timothy Geithner, who said that a global assault on recession was making headway and acknowledged that Washington bore a special responsibility to help spur a recovery in the world economy.Goldman Sachs Group Inc reported a 33 percent rise in earnings as a strong gain in trading was offset by a one-time charge to repay government loans."They're terrific numbers...I think things are very fragile but they manage to make money in all environments which is what you're supposed to do." said William Smith, chief executive of Smith Asset Management in New York."You're going to see absolutely enormous numbers coming out of the money centers, including Citigroup," he added.Goldman, the first major U.S. retailers beat expectations with a 0.6 percent rise in June, boosted by a big jump in auto sales.Both appeared to back up U.S.
retail sales fanned optimism Tuesday that global recession may be waning, but Europe showed signs of only stuttering economic recovery at best. EconomyWall Street's largest surviving investment bank announced better-than-expected second quarter results, while sales at U.S. The prospectus should be read carefully before investing.ScottradeBen Gillham, 314-965-1555 Copyright Business Wire 2009. NEW YORK/MANNHEIM (Reuters) - Strong Goldman Sachs profits and rising U.S. Investors should consider the investment objectives, risks, charges, andexpenses of an Exchange Traded Fund (ETF) carefully before investing. Aprospectus contains this and other information about the ETF and can be obtainedfrom the issuer.
Powerand Associates, Scottrade is dedicated to exceptional customer service andunprecedented value. Scottrade is also one of FORTUNE magazine`s "100 BestCompanies to Work For" in America For more information, visit. Scottrade provides customers theconvenience of buying many stocks online at just $7 per trade and the support ofthe largest branch network among online investment firms, with more than 400nationwide branch offices Named Highest in Investor Satisfaction by J.D. Additional information about Scottrade investment education, the ScottradeOnline Community and registration for free local seminars is available at http:// About ScottradeAs a leading online investment firm, Scottrade offers a full line of investmentproducts, online trading services and market research tools to help investorstake control of their financial future. Customers also can visit the San Antonio-area branch offices,at 602 N.W Loop 410 and at 946 N Loop 1604 West, to learn more about onlinetrading. "In addition to connecting with other self-directed investors,attendees will learn how to effectively use Scottrade`s tools and services tomake better-informed investment decisions." San Antonio is one of 24 locations Scottrade is hosting workshops around thecountry this year.
"Scottrade is pleased to offer this online investing workshop to SanAntonio-area customers," said Scottrade Manager of Active Trading Services ToddSlawson. Topics willinclude finding opportunities with stock and exchange-traded fund screeners;placing pre-market and after-hours online trades; learning the economic calendarfor IPOs, earnings and splits; and setting up alerts for account-specificupdates. During the free workshop, Scottrade customers can network with other investors,learn how to easily manage their accounts, and effectively use the onlineinvesting functions and features of Scottrade`s trading platforms. Online investment firm hosts educational workshop to help investors makebetter-informed decisionsSAN ANTONIO--(Business Wire)--Scottrade, a leading branch-supported online investment firm, is hosting a freeworkshop in San Antonio as part of its continued commitment to customereducation.
The regional conference to help Scottrade investors and traders makebetter-informed investment decisions will be on Saturday, July 18 at the WestinLa Cantera Resort, 16641 La Cantera Parkway. 311, . Reuters has stopped distributing the full text of Moody'sInvestors Service press releases on ratings actions, effectiveApril 1, 2009. The text of this Moody's Investor Service ratingis available at Stocks | Bonds Stocks Bonds.