Second-hand auto dealer, America's Car-Mart, Inc. (NASDAQ: CRMT ) has demonstrated resilience to the current downturn in the automobile market, with the company's fiscal 2009 fourth quarter results coming in better than forecast. Filed on Tuesday, the financial statements, however,

Just a few days after receiving rave reviews for its impending reinstatement of 900 workers at the Lansing Delta Township plant, and seconded by the reports that the pace of job cuts is generally easing, who would have thought that

Can you believe that even the financing agreement will not help KDKN stock to recover? If you look at the stock chart, you will notice that it has been forming the downtrend for a while. Kodiak Energy, Inc. (KDKN.ob, or

A day after Republic Airways Holdings Inc, ( NASDAQ : RJET ) announced entering a 'stalking horse' agreement to acquire 100% of the equity in bankrupt Frontier Airlines for the price of $108.75 million, ( Republic will sponsor the reorganisation

The U.S Department of Energy is expected to break its silence on the $25 billion monetary fund approved by the Congress last year to advance the green car revolution, and out of approximately 75 companies that have been tapped for

The FOMC announced the decision from its two-day policy meeting, leaving interest rates unchanged by unanimous decision, as largely expected. The statement noted that "economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an

The rate decision from the FOMC was to stay on hold, with a note that nothing really has changed since the last meeting, and more confirmation that the Federal Reserve are still prepared to back-stop all and sundry in regard

Global equity and commodity markets have been hit hard by concern about the longevity of the recession as the World Bank says that the global downturn will be deeper than originally forecast and China may slow its stockpiling of raw

The FOMC's statement offered a slightly more upbeat assessment of the economy. While their comments still echoed their April assessment that the outlook for economy has improved, today's statement added more emphatically that the "pace of contraction is slowing" rather

The Federal Open Market Committee left the benchmark interest rates steady at the current target range between 0% and 0.25% in a unanimous decision inline with markets expectations, as the ongoing recession continue weigh down on economic activity in the

The FOMC elected to hold rates unchanged as expected, to maintain the current level of bond purchases and said deflation is no longer a concern. The FOMC said interest rates would remain low for an extended period. The FOMC said

Overall, the currency market traded under the influence of the FOMC statement on Wednesday. The major currencies showed some signs of strength during the first part of the day, but as the market was heading into the FOMC release, the

The NY session saw plenty of action and the USD was the main beneficiary. Early on the story was the SNB as the bank intervened and took EUR/CHF from around 1.5015 to 1.5285 in a heartbeat. They would return shortly

As widely expected by the markets, the FOMC kept the fed funds rate steady and renewed its commitment to keep rate low for an extended period of time. The tone and text of the communiqués was virtually identical to the

U.S. Dollar Trading (USD) continued to trade in a wide range with the market selling USD ahead of the FOMC only to buy them back after a less dovish than expected statement. Adding to USD strength was reports that the

In currencies, the greenback largely consolidated its gains that followed the Fed decision to keep its QE levels at par and downgrade deflation prospects, with weakness also tracking higher risk appetite seen in equity markets. EUR/USD rose to 1.3970s, GBP/USD

US Fed and the ECB the dual focus. Last night's US Fed meeting, which saw the Fed funds rate left unchanged at 0% to 0.25%, was accompanied by a less dovish statement than the market had expected. Given no increase

The FOMC kept rates steady after the conclusion of their meeting, and gave a slightly more upbeat assessment of the economy compared to their last meeting. They also softened their language about deflation, while keeping steady their plans for purchasing

After a strong run overnight in NY, the Dollar lost its grip in Asia, giving back ground to all but the Yen which faced perils of its own as stocks posted a second day of gains and traders looked to

The dollar rose on Wednesday after the FOMC maintained the federal funds rate at a record-low range of zero to 0.25% and left its $1.75 trillion bond-purchase program unchanged. The Fed also stated that 'the pace of economic contraction is