Do you know about - Millionaire Corner Daily Financial News and Analysis June 4, 2012
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Millionaire Corner Daily Financial News and Analysis June 4, 2012 Video Clips. Duration : 4.28 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Farmer Insurance . www.millionairecorner.com DOW FALLS INTO NEGATIVE TERRITORY FOR 2012 Stocks fell more than 2 percent on Friday, dragging the Dow into negative territory for 2012, according to Reuters. The fall was blamed on a weak jobs report that increased the unemployment rate to 8.2 percent. This report capped a week of soft information from China and the ongoing debt crisis in Europe. US Treasury bonds fell to record lows along with German bunds. Overall, the Dow fell 274 points to 12118. Asian markets were down on Monday and European markets are mixed but mostly down. HAWAIIAN AIRLINES EXPANDS TO EAST COAST Hawaiian Airlines, which emerged from bankruptcy just seven years ago, is opening routes from New York City beginning on Tuesday. According to USA Today, Hawaiian had a profit of .3 million in the last year and is looking to become more than just an island hopper. This is primarily due to the fact that its biggest rival, Aloha Airlines, is out of business, and many of the large carriers are offering fewer flights to Hawaii. Hawaiian will code share a flight with Jet Blue from JFK International. If the venture is successful, they hope to open routes from Boston. PORTUGAL PASSES BAILOUT TEST Portugal will receive an additional billion of aid injected into its banks from the European Union and International Monetary Fund because it is meeting the terms of the initial loan package. According to the Associated Press, Portugal has stuck to its austerity measures and has now ...
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