Norsk Hydro 2Q profits down 87 percent Aluminum and energy group Norsk Hydro ASA on Tuesday said its profits dropped 87 percent in the second quarter on falling sales and higher costs. Net profit was 786 million kroner ($155 million), down from 5.95 billion kroner in the same quarter last year. 22 Jul 2008
472.
China stocks mixed; refiners down Chinese stocks had a mixed performance Tuesday as refiners and airlines fell on worries about oil prices and other major issues were largely unchanged. 22 Jul 2008
473.
Dow Jones takes traders by surprise… Sandy Jadeja is Chief Market Strategist for ODL Markets and founder of www.Spreadbettingtowin.com where he teaches low risk trading strategies and money management. 22 Jul 2008
474.
Ericsson: 2Q profit down 70 percent Sweden's LM Ericsson on Tuesday posted a 70 percent plunge in second-quarter profits, mainly citing recent acquisitions and high development and restructuring costs. 22 Jul 2008
475.
Forex and Dow Jones recommended levels EUR/USD
Today’s support: - 1.5907, 1.5871, 1.5840 and 1.5817(main), where correction is possible. Break would give 1.5806, where correction 21 Jul 2008
476.
Dollar Falls on Concerns a Slowdown in U.S. Growth May Deepen The EUR USD traded mostly steady throughout the day until American Express announced that profits had decreased 37 percent. This news rekindled concerns that a slow down in U.S. growth may deepen as more consumers defaulted on loans. Also helping boost the Euro was a stronger oil complex. 21 Jul 2008
477.
Possible shutdown of Navajo Internet pushed back The Navajo Nation has temporarily averted having its Internet services shut down, a tribal official said Monday. SES Americom, which provides bandwidth for the services, had threatened to halt service by noon Tuesday if the company was not paid for services rendered. However, the company informed Navajo officials Monday night that it had decided not to shut down services until Aug. 1. 21 Jul 2008
478.
Texas, Mexico prepare for Tropical Storm Dolly Residents along the Texas-Mexico border kept a watchful eye on Tropical Storm Dolly on Monday, stocking up on plywood, generators and flashlights as forecasters predicted the storm would strengthen into a hurricane later this week and make landfall. 21 Jul 2008
479.
Sherwin-Williams shares fall after downgrade Shares of Sherwin-Williams Co. fell Monday after an analyst downgraded the company's stock because of the paintmaker's cautious outlook. Goldman Sachs analyst Amy Zhang downgraded the Cleveland-based company from "Neutral" to "Sell" on Sunday evening, saying the company's shares are trading "at an unwarranted premium." 21 Jul 2008
480.
Charlotte Russe falls on earnings miss, downgrade Shares of Charlotte Russe Holdings Inc. fell more than 20 percent on Monday, after the women's apparel retailer said third-quarter results missed expectations and announced its CEO will retire effective immediately. 21 Jul 2008
10.23%SPY 127.80 
2.77%
