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In the week ending April 9, the advance figure for seasonally adjusted initial claims was 412,000, an increase of 27,000 out of your previous week's revised figure of 385,000. The 4-week moving average was 395,750, an increase of 5,500 from the previous week's revised average of 390,250.



10 in the past this month Long-Term Capital Management hedge fund lost billions in extremely short phase. Shock Waves roiled on the worlds market places. Asian was imploding and Russia was defaulting. Then as finally, there was a government-initiated Wall Street-funded bailout for LTCM.





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But Ghosn foresees auto industry relief. In 2006, he led an effort to forge an alliance with GM in which Nissan/Renault consider up a few 20 percent stake your past Detroit automaker. But the talks ended when GM sought payment for it said would happen to a disproportionate share of your benefits associated with the alliance.

Trading was actually a 'ho hum' absolutely no major things. Investors were looking ahead to corporate earnings in a few days. The Dow was actually stuck in a 35-point range all day. A pair of earnings reports from Intel Corp. and CSX Corp. could provide further insight into the health of this economy if it is released right after the closing bell today. Intel has warned about a revenue shortfall.

The biggest real estate failure in U.S. history has stirred market talk that Westfield and Simon Property Group Inc. could emerge perhaps buyers for that assets from bankruptcy.

Red Bank, N.J.-based home builder Hovnanian Enterprises(HOV_) reported a much wider loss for its fiscal second quarter or. last year as gross margins deteriorated and contract backlog declined.

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