Stocks Trade Lower
Major stock indexes were down in moderate trading Tuesday, as a larger-than-expected drop in a closely watched indicator of April manufacturing activity was outweighing a rise in May consumer confidence.
May 31, 2005
Tuesday, May 31, Stock Trading Alert
ELocity’s stocks to watch for Tuesday are Small World Kids, Inc., Biophan Technologies, Inc. (OTC BB: BIPH), Strategy International Insurance Group, Inc. (OTC BB: SGYI), RS Group of Companies, Inc.
SGX to launch second Indian stock index futures contract
SINGAPORE : The Singapore Exchange is launching a second futures contract based on an Indian stock index and options. Its head of products and services group, Linus Koh, says the exchange will be launching the Nifty contract by October.
FedEx: Ready for takeoff
Analysts were downgrading Federal Express last fall. But since December, four firms have upped their ratings. This change in sentiment has yet to be reflected in the stock price, however. At a current $90 a share, Federal Express is nearly 12 percent below its 2005 high.
Big-business technologists talk up Linux
Several IT executives at the LinuxWorld Summit last week reinforced the idea that Linux now has the technical brawn and industry support to accommodate the most demanding business applications in environments such as finance, airline reservations and stock trading.
