Stocks - Plastics Recruiter

From CNN.COM

Stocks dip amid fresh fears about Greece

NEW YORK (CNNMoney) -- U.S. stocks opened modestly lower on the first trading day of the fourth quarter, as investors remain unnerved about Greece and a slowing global economy.

The Dow Jones industrial average (INDU) dipped 65 points, or 0.6%, the S&P 500 (SPX) fell 7 points, or 0.7% and the Nasdaq composite (COMP) lost 20 points, or 0.8%.

1PrintComment
Investors are watching closely as Greece attempts to deal with its debt crisis. Greece has slashed spending, reduced wages and raised taxes in an attempt to bring its debt under control.

But even still, the debt-ridden nation will miss key deficit targets for this year and next, according to the draft budget announced by the Greek cabinet late Sunday.

There isn't a whole lot of optimism that Greece will pull though. Almost all of the 22 economists surveyed by CNNMoney believe Greece will default on its debt by the end of next year.

Europe's debt crisis: Complete coverage
Stocks were hammered Friday, with all three major stock indices shaving more than 2%, as investors worries about the debt crisis in Europe and the outlook for global economic growth continue to mount.

The losses capped the biggest quarterly drop for the S&P 500 and the Nasdaq since the fourth quarter of 2008.

In addition to fretting over the sovereign debt crisis in Europe, investors are anxious about slowing economic activity in the United States and around the world.

The Federal Reserve and the International Monetary Fund have both warned of increasing risks to the global economic recovery.

World markets: European stocks were sharply lower in afternoon trading. Britain's FTSE 100 (UKX) fell 1.9%, the DAX (DAX) in Germany tumbled 3% and France's CAC 40 (CAC40) dropped 2.4%.

Asian markets also ended lower. The Hang Seng (HSI) in Hong Kong plunged 4.4%, while Japan's Nikkei (N225) shed 1.8%. The Shanghai Composite (SHCOMP) is closed this week for holiday.


PrintComment
By CNNMoney staff October 3, 2011: 9:42 AM ETNEW YORK (CNNMoney) -- U.S. stocks opened modestly lower on the first trading day of the fourth quarter, as investors remain unnerved about Greece and a slowing global economy.

The Dow Jones industrial average (INDU) dipped 65 points, or 0.6%, the S&P 500 (SPX) fell 7 points, or 0.7% and the Nasdaq composite (COMP) lost 20 points, or 0.8%.

1PrintComment
Investors are watching closely as Greece attempts to deal with its debt crisis. Greece has slashed spending, reduced wages and raised taxes in an attempt to bring its debt under control.

But even still, the debt-ridden nation will miss key deficit targets for this year and next, according to the draft budget announced by the Greek cabinet late Sunday.

There isn't a whole lot of optimism that Greece will pull though. Almost all of the 22 economists surveyed by CNNMoney believe Greece will default on its debt by the end of next year.

Europe's debt crisis: Complete coverage
Stocks were hammered Friday, with all three major stock indices shaving more than 2%, as investors worries about the debt crisis in Europe and the outlook for global economic growth continue to mount.

The losses capped the biggest quarterly drop for the S&P 500 and the Nasdaq since the fourth quarter of 2008.

In addition to fretting over the sovereign debt crisis in Europe, investors are anxious about slowing economic activity in the United States and around the world.

The Federal Reserve and the International Monetary Fund have both warned of increasing risks to the global economic recovery.

World markets: European stocks were sharply lower in afternoon trading. Britain's FTSE 100 (UKX) fell 1.9%, the DAX (DAX) in Germany tumbled 3% and France's CAC 40 (CAC40) dropped 2.4%.

Asian markets also ended lower. The Hang Seng (HSI) in Hong Kong plunged 4.4%, while Japan's Nikkei (N225) shed 1.8%. The Shanghai Composite (SHCOMP) is closed this week for holiday.

0:00 / 4:56 Buffett: The rich have won the class war
Economy: Investors will get the Institute for Supply Management's August manufacturing index, as well as construction spending figures from the Commerce Department.

Economists expect the September ISM index will fall to a reading of 50.5, from last month's 50.6. Construction spending figures are expected to decrease 0.5% -- coming in above last month's 1.3% decrease.

Major auto manufacturers will also report auto sales for September at 3 p.m.

Companies: Share of Yahoo (YHOO, Fortune 500) rose after the company announced an content alliance with Disney (DIS, Fortune 500)-owned ABC News. On Friday, Jack Ma, the CEO of Chinese Internet conglomerate Alibaba Group, said that his company would be "interested" in buying all of struggling online media firm Yahoo.

Shares of Eastman Kodak (EK, Fortune 500) surged more than 30% Monday, after plunging almost 60% Friday. Rumors swirled that the camera maker had hired a law firm for advice on a major restructuring or bankruptcy filing. The company later denied that it is planning bankruptcy moves.

Apple's new CEO, Tim Cook, will take the stage at the Town Hall auditorium on Apple's (AAPL, Fortune 500) Cupertino, Calif., campus Tuesday to unveil the new iteration of the iPhone. Rumors are swirling over whether there will be one new iPhone or two.

Currencies and commodities: The dollar rose against the euro and the British pound, but lost ground against the Japanese yen.

Oil for November delivery lost $2 to $77.20 a barrel.

Gold futures for December delivery rose $35.20 to $1,657.40 an ounce.

Bonds: The price on the benchmark 10-year U.S. Treasury edged up , pushing the yield down to 1.87% from 1.92% late Friday.




Dan Regovich - Plastics Recruiter & Plastic Packaging Recruiter
AJ Augur Group, LLC
440-357-7600
www.ajaugur.com
dregovich@ajaugur.com

Plastics Recruiter
Plastic Injection Molding Recruiter
Blow Molding Recruiter
Blown film Recruiter


Formerly with RSI Recruiter Solutions International, VP Plastics & Filtration.
Within the plastics industry, I service companies with the following technologies: injection molding, blow molding, extrusion blow molding, injection blow molding, multilayer blow molding, thermoforming, cast extrusion, profile extrusion, extruded film, blown film, plastic film, rotational molding/rotomolding, plastic sheet, calendaring, casting, compression/transfer molding, foam molding, pultrusion, resin, color and compounding,

The primary end markets that these products go into: aerospace, agriculture, apparel/garment bagsappliances, automotive/transportation, beverage, building/construction, computers, consumer products, containers/closures, fencing, fiber optics, flooring, food service, grocery bags, electical/electronics, food pacakaging, household chemicals, household-care packaging, industrial, irrigation, labels, laminations, lawn & garden, marine, medical/pharmaceutical, municipal water & sewer, office products, personal-care packaging, plastic cups/lids, recreational, signage & displays, shrink film, stretch film, swimming pools/spas, tanks agricultural/industrial, telecommunications, toys, trash bags,

Types of Materials: ABS, Acetal, Acrylic, Fluoropolymers, HDPE, HMWHDPE, LDPE, LLDPE, Nylon, PC, PET, PETG, PEX, PLA, Post-Consumer Resin, PP, PPO/PPE, PS/EPS, PVC, PVDC, SAN/SMA, Thermosets, TPE

injection molding head hunter / executive recruiter
blown film head hunter / executive recruiter
blow molding head hunter / executive recruiter
plastic flexible packaging head hunter / executive recruiter