April saw an estimated 100,000 jobs created, according to a Bloomberg News poll of economists. The same poll expects unemployment to rise to 4.5% from 4.4%. In order to snag one of the positions and avoid joining that higher percentage, job seekers need to update their resumes and send off crisp cover letters. Once on the job, employees must keep productivity high to hold onto positions.
Standard & Poor's announced that the world's equity ended the month of April in positive territory, their second consecutive month of positive gains. According to Standard & Poor's global stock market review, The World By Numbers, the world's developed equity markets gained 4.44% in April while emerging stock markets rose 4.56% for the month.
The Chicago Board of Trade (CBOT), one of the world’s leading derivatives exchanges, announced that April’s total volume was 61,386,684 contracts, an increase of 7 percent compared with April 2006.
Eurex and International Securities Exchange (ISE) announced that they have signed a definitive agreement under which Eurex will acquire ISE for approximately USD 2.8 billion in cash, or USD 67.50 per share.
The New York Stock Exchange released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Apr. 16-20.
NYSE Euronext reported results for NYSE Group of net income of $67.6 million, or $0.43 per diluted share, for the three months ended March 31, 2007, a $37.3 million or 123% increase as compared to net income of $30.3 million, or $0.24 per diluted share, for the three months ended March 31, 2006.
As of mid-April, short interest in 2,756 NASDAQ Global Market(sm) securities totaled 7,819,110,519 shares compared with 7,707,876,747 shares in 2,758 Global Market issues for the month of March.
The London Stock Exchange has issued a consultation notice which creates a framework for third party trading platforms to trade AIM securities while ensuring the maintenance of AIM’s high regulatory standards.
The London Stock Exchange will on Tuesday 24 April welcome five new Exchange Traded Commodities to its commodities market segment. The new commodities, which are issued by ETF Securities, include Platinum, Palladium, Silver and Gold trackers as well as a basket of the four metals.
