Thursday, April 30, 2009

Quick Overview

  • U.S. personal incomes fell 0.3% in March

  • U.S. consumer spending fell 0.2%.

  • U.S. jobless claims fell 14,000 last week to 631,000.

  • U.S. employment cost index rose 0.3% QoQ and 2.1% YoY.

  • Chicago purchasing managers' index rose from 30.9 to 40.1 in April,

  • Unemployment rate in the Euro area rose from 8.7% to 8.9% in March,

  • Consumer prices in the Euro area rose 0.6%

  • Canada’s GDP fell 0.1% MoM and 2.3% YoY

  • (Reuters) - Chrysler LLC will proceed with Chapter 11 bankruptcy protection now that talks with debtholders have broken down, an administration official said on Thursday.

  • (Telegraph) Lipoxen a small British biopharmaceutical company saw its shares more than double after announcing positive results for tests on a flu vaccine that it claims may work on swine flu.

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