Consumers opened their wallets last year, spending an average 3.3% more on household expenditures than they did in 2010, according to federal data released Tuesday. It was the first yearly increase since 2008, the height of the Great Recession.
Overall, average annual spending rose to $49,705.
GDI, MLNK, FDX, CLNO, APC - Stock Market News and Updates From PennyGovernance.com - New Video Included!!
Gardner Denver Inc. (NYSE:GDI) announced the appointment of Susan Gunn as Vice President, Human Resources of Gardner Denver, Inc. effective January 1, 2012. Ms. Gunn will report to Barry L. Pennypacker, Gardner Denver's President and Chief Executive Officer, and will be based in the company's global headquarters in Wayne, PA.
AVGO, BKR, KTCC, - CRWESelect.com Stocks To Watch! Avago Technologies, Michael Baker, Key Tronic ( "Video Included Inside" )
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Avago Technologies Limited (NASDAQ:AVGO)
BONE, HEV, CHKP, - CRWESelect.com Stock News! Bacterin International, Ener1, Check Point Software Technologies
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Bacterin International Holdings, Inc. (AMEX:BONE)
Broad Based Tumble, However, Here Are The Pockets Of Strength
The major stock indexes are all declining sharply lower this morning to start the day. The sell off is broad based as just about every sector in the market is selling off sharply. The only sign of strength in the market is in the U.S. Dollar Index. The U.S. Dollar has been one of the weakest currencies in the market as of late. The $77.31 level will be some short term resistance for the U.S.
This morning the highly followed Dow Jones Transportation Index is making a new 10 month high. Often when the transportation index makes a new high traders and investors will view this as a sign of economic strength. While the new high for the transports is occurring intra-day it is more important to see the index close at a new high on the daily chart.
On January 28, 2011 the highly followed Dow Jones Transportation Index closed below the important daily chart 50 moving average. Often when a stock or index closes below the daily chart 50 moving average it is viewed as a sign of weakness. It is important to note that since that time the Dow Jones Transportation Index has recaptured the daily 20 and 50 moving averages on the daily chart.
MGM, CRWE.OB, KSP, AA, - MGM Resorts, Crown Equity Holdings Inc., K-Sea Transportation and Alcoa Inc. Stock Report! CRWESelect
MGM Resorts International (NYSE:MGM) recently announced the Company completed its previously announced offering of 40,900,000 shares of its common stock resulting in net proceeds to the Company of approximately $511,000,000. The Company will use the net proceeds of the offering for general corporate purposes, including the repayment of debt.
SWKS, GRHU, COP, CRWE.OB, XOM, - Skyworks Solutions, GreenHouse Holdings, Crown Equity Holdings and Exxon Mobil Stock Report! Fr
Skyworks Solutions Inc. (NASDAQ:SWKS) will conduct a conference call with analysts to discuss its fourth quarter and fiscal 2010 results and business outlook on November 4 at 5:00 p.m. Eastern time.
After the close of the market on November 4, and prior to the conference call, Skyworks will issue a copy of the earnings press release via Business Wire.