Recovery for Wall Street

Wall Street broke a two-day slide today as investors cherry-picked insurance, technology and home-building stocks on bits of welcome news for those industries

Recovery for Wall Street
Wed, 08 Apr, 2009 - 23:15

Wall Street broke a two-day slide today as investors cherry-picked insurance, technology and home-building stocks on bits of welcome news for those industries.

But jitters about weak first-quarter corporate profit reports and a downbeat assessment of the economy from the Federal Reserve held the market's gains in check.

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CourtsBusinessHeathrowPlace: Wall StreetPlace: Lake Oswego, OregonPerson: Frederic DicksonPerson: AmericansOrganisation: Federal ReserveOrganisation: Dow JonesOrganisation: DowOrganisation: D.A. Davidson & Co.Organisation: Pulte HomesOrganisation: CentexOrganisation: PulteOrganisation: MetLifeOrganisation: Prudential Financial Corp.Organisation: Hartford Financial Services GroupOrganisation: Juniper NetworksOrganisation: Cisco SystemsOrganisation: MicrosoftOrganisation: Ryder SystemOrganisation: Bank of America Corp.Organisation: Oppenheimer & Co.Organisation: Bank of AmericaOrganisation: SECOrganisation: Commerce Department
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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