Some of the more interesting and important items for April 22nd :
- Stocks to watch Monday: Apple, Transocean, Tenet Stocks to Watch – MarketWatch – SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Monday’s session are Apple Inc., Transocean, and Tenet Healthcare Corp. The Nasdaq and NYSE markets were closed Friday in observance of Good Friday
- What Happens When the Fed’s QE2 Ends? – SmartMoney.com – As government agencies go, few have a bigger influence, of course, than the Federal Reserve, whose policies affect the prices of everything from a 30-year mortgage to a double skim latte, not to mention the outlook for economic growth, jobs and inflation. So when Federal Reserve Chairman Ben Bernanke signaled last year that the Fed would buy as much as $600 billion in Treasury bonds, it was bound to make waves—among Fed fans and critics alike.
- Syrian Forces Fire Upon Protesters – WSJ.com – Syria's leadership, despite weeks scrambling to appease and intimidate demonstrators, faced the largest outbreak of antiregime unrest in its four-decade rule on Friday as tens of thousands participated in protests in nearly every major city.
- Yuan continues climb to end at record; revaluation seen unlikely | Reuters – (Reuters) – The yuan ended at a fresh record high on Friday as the central bank continued to allow the currency to rise to help fight imported inflation, but onshore traders remained convinced it would not resort to any one-off revaluation despite rumors overseas.
- Euro Rises Toward 16-Month High Versus Dollar on Growth Outlook – Bloomberg – The dollar headed for a weekly decline against all its 16 major counterparts as traders reduced bets the Federal Reserve will increase interest rates this year. The Australian dollar traded near a record high as commodity price gains and signs of quickening growth backed the case for higher borrowing costs. The yuan rose to a 17-year high amid speculation China will allow faster appreciation to help temper inflation.
- Acer Reports Lowest Profit in Six Years as Sales Fall Short of Estimates – Bloomberg – Acer Inc. (2353) posted its smallest quarterly profit in more than six years after slowing demand for low-cost notebooks caused sales to miss estimates and prompted its president to quit last month.
- China’s Energy Agency Raises Power Use Forecast on Economy – Bloomberg – China’s top energy industry regulator raised its forecast for the nation’s electricity demand in 2011 because of faster-than-estimated economic growth.
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