Posts Tagged ‘GWS Technologies’

Stocks are sharply higher on manufacturing and housing data

Stocks are snapping back from Friday’s big losses as stronger-than-expected reports on manufacturing and housing allay concerns that the economy’s recovery won’t last.

Major indexes rose more than 1 percent in early trading Monday, including the Dow Jones industrials, which gained 112 points, erasing a chunk of Friday’s 250-point loss.

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Stocks are slightly lower as investors grow more cautious about the strength of an economic recovery

The market is extending its losses after weakening Tuesday following a disappointing reading on consumer confidence. A new report showing durable goods orders rose in line with expectations in September had little effect on trading.

A disappointing earnings or economic report can give investors a reason to cash in some gains, but overall most signs point toward additional strengthening of the economy and market, Williams added.

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Stocks are lower as a weaker U.S. dollar help lift commodity prices and Johnson & Johnson’s third-quarter sales figures disappointed investors

Stocks fell on Tuesday after disappointing quarterly sales figures from economic bellwether Johnson & Johnson (NYSE: JNJ) sparked worries about consumer spending, offsetting a lift from higher commodity prices.

The Nasdaq gave up its initial gains at the open.

The Dow Jones industrial average was down 53.66 points, or 0.54 percent, at 9,832.14. The Standard & Poor’s 500 Index was down 7.19 points, or 0.67 percent, at 1,069.00. The Nasdaq Composite Index was down 5.16 points, or 0.24 percent, at 2,133.98.

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Stocks are mixed amid weaker-than-expected durable goods and housing report

Stocks are mixed in early trading after a weaker-than-expected report on durable goods orders and a report that new home sales edged higher in August but fell short of economists’ expectations touched off new worries about the strength of a recovery in the economy.

Investors were disappointed to hear that durable goods orders unexpectedly fell in August. The second drop in three months shows any rebound in manufacturing is likely to be slow.

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SCOTTSDALE, Ariz.–(BUSINESS WIRE)–GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, today announced that it has launched an initiative to install solar energy systems in Arizona schools and other state and federal government facilities and has submitted its initial turn-key solar installation proposals. The initiative follows the Arizona Corporation Commission’s recent authorization for the Scottsdale Unified School District to enter into power-purchase agreements for solar systems on two high schools in which the school district will pay a private company for the power.

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Stocks move lower after surprising drop in home sales

Stocks have reversed early gains and are slightly lower after a report showing a surprising drop in home sales.

The National Association of Realtors says existing home sales fell 2.7 percent in August compared with a 7.2 percent rise in July. Economists had been expecting a fifth straight increase.

Stocks had been rising in the early going after the Labor Department said the number of newly laid off workers seeking unemployment benefits fell for a third week in a row. Initial claims for unemployment insurance fell by 21,000 last week to 530,000, better than the 550,000 economists had expected.

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Stocks are lower after release of worse-than-expected economic forecast

The Conference Board says its index of leading economic indicators increased 0.6 percent in August, slightly less than the 0.7 percent increase expected by economists. Still, it marked the fifth straight month of gains in the index.

News of Dell Inc.’s plans to buy information technology company Perot Systems Corp. for about $3.9 billion did little to invigorate investors who have taken stocks up more than 50 percent since early March.

The benchmark Standard & Poor’s 500 index tacked on a 2.5 percent gain last week, bringing its total rise since March to 58 percent, after Federal Reserve Chairman Ben Bernanke declared the U.S. recession was “likely over.” Investors are now waiting to see what the rest of the Fed has to say this week during its two-day rate-setting meeting, which begins Tuesday.

In early trading, the Dow Jones industrial average fell 62.05, or 0.6 percent, to 9,758.15. The Standard & Poor’s 500 index lost 7.44, or 0.7 percent, to 1,060.86, while the Nasdaq composite index fell 8.71, or 0.4 percent, to 2,124.15.

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Stocks edge higher as unemployment claims dipped unexpectedly and housing starts grew at a slightly slower pace than anticipated

The gains follow a strong run for stocks. The market has risen eight of the past nine days and the Standard & Poor’s 500 index is up 58 percent from a 12-year low in early March.

Many economists consider unemployment the biggest obstacle to an economic recovery so signs of improvement are welcome for investors who have been looking for evidence that a recovery is at hand.

The Labor Department said workers filing for jobless claims for the first time dipped to 545,000 last week from an upwardly revised 557,000 the previous week. Economists polled by Thomson Reuters were expecting claims to rise.

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Sep. 17, 2009 (Business Wire) — GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, today announced that its President and CEO Richard Reincke has conducted an exclusive new audio-taped webcast interview so that GWSC shareholders and the investment community can learn more about the Company’s recent developments and growth plans. Unrestricted access to the webcast is now available on the “Webcasts” page at www.TheGreenBaron.com. Investors who wish to receive The Green Baron Report for free can join at http://www.thegreenbaron.com/Join.htm. This webcast is also available at www.StrictlyStocks.com, “Where Wall Street speaks to the World.”

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Stocks are lower amid concerns about a growing trade dispute between the U.S. and China

Overseas markets also fell sharply Monday on concern about tensions between two of the world’s largest economies.

Late Friday, the U.S. administration imposed trade penalties on tires coming into the country from China. The Chinese government quickly condemned the move and filed a complaint with the World Trade Organization, calling it protectionist and a violation of global trade rules.

President Barack Obama has until Thursday to accept, reject or modify a U.S. International Trade Commission ruling that an increase of Chinese tires moving into the U.S. hurts American producers.

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