US futures float on Tuesday morning

Source: Money CNN

On Tuesday's premarket trading Nasdaq, Dow Jones industrial average and S&P 500 futures float around breakeven as investors stay prudent after S&P European rating warning. US equity futures edge higher in advance of opening indicating direction for the morning trade. US stocks advanced on Monday but fell of their highest levels after S&P report.

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Tue, 06 Dec 2011 15:22:08 GMT

US spending on Christmas trees to reach record-high since 2008

Expenditure on buying Christmas trees in US will surge 3.1% this year, the record high since recession in 2008, said IBISWorld. Americans are planning to paid about $800 m for 25 m real trees and another $2.6 bn on 10 m non-natural trees during the Christmas time, predicts IBISWorld. Americans spent $3.14 bn to purchase Christmas trees in 2008.

Tue, 06 Dec 2011 17:27:25 GMT

Southwest Airlines sees the rise in sales

Southwest Airlines announced the increase in traffic by 2.5% pulling the revenue passenger miles to over 8.28 billion as compared with 8.07 billion in 2010. The capacity in November also increased by 0.7% to 10.14 billion available seat miles. The revenues are expected to rise by 9% in November.

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