IMS: US medicine spending shows rare dip in 2012

IMS: US medicine spending shows rare dip in 2012

Associated Press - 9 May 2013 09:06-04:00
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Read more: IMS: US medicine spending shows rare dip in 2012

Fannie Mae posts record $58.7B net income for Q1

Fannie Mae posts record $58.7B net income for Q1

Associated Press - 9 May 2013 08:26-04:00
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Read more: Fannie Mae posts record $58.7B net income for Q1

US futures edge lower after extraordinary run

US futures edge lower after extraordinary run

Associated Press - 9 May 2013 09:07-04:00
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Read more: US futures edge lower after extraordinary run

Obama to open middle-class jobs, opportunity tour

Obama to open middle-class jobs, opportunity tour

Associated Press - 9 May 2013 08:49-04:00
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Read more: Obama to open middle-class jobs, opportunity tour

Research Review: Zero Lower Bound Interest Rates

The pressure to “do something” to spur the economy is powerful, but accurate diagnosis should precede enthusiastic prescription....

Read more: Research Review: Zero Lower Bound Interest Rates

Philippines ETF Hits New High as S&P Joins Investment-Grade Party

Shares of the iShares MSCI Philippines Investable Market Index Fund (NYSE: EPHE ) are soaring 2.2 percent Thursday, touched a new all-time high at $42.47 and all that is happening on volume...

Read more: Philippines ETF Hits New High as S&P Joins Investment-Grade Party

Mid-Day Market Update: Yelp Surges On Upbeat Results, AU Optronics Down

Midway through trading Thursday, the Dow traded up 0.71 percent to 14,806.01 while the NASDAQ surged 1.09 percent to 3,335.22. The S&P also rose, gaining 0.82 percent to 1,595.70....

Read more: Mid-Day Market Update: Yelp Surges On Upbeat Results, AU Optronics Down

When Draghi Turns Kuroda, This ETF Will Surge

European Central Bank President Mario Draghi finally gave global markets something to cheer about earlier today when he announced the ECB lowered its benchmark interest rate to 0.5 percent from...

Read more: When Draghi Turns Kuroda, This ETF Will Surge

Market Wrap for Thursday, May 2: Stocks Recover From Wednesday's Losses; Dow Up Triple Digits

Stocks jumped on Thursday as jobless claims hit a 5-year low, spurring investor enthusiasm. The consensus had expected jobless levels to rise. The U.S. dollar also climbed on the day as the...

Read more: Market Wrap for Thursday, May 2: Stocks Recover From Wednesday's Losses; Dow Up Triple Digits

Benzinga Market Primer: Friday, May 3: Non-Farm Payrolls Edition

Futures Lower Ahead of Non-Farm Payrolls, Lower EU Outlook U.S. equity futures traded lower in early pre-market trade ahead of the Non-Farm Payrolls report for April and following the EU...

Read more: Benzinga Market Primer: Friday, May 3: Non-Farm Payrolls Edition

Turkey ETF Hits New High on Credit Rating Chatter

Shares of the iShares MSCI Turkey Investable Market Index Fund (NYSE: TUR ) are trading modestly higher Friday and earlier touched a new 52-week high at $76.04 a day after the Borsa Istanbul...

Read more: Turkey ETF Hits New High on Credit Rating Chatter

Market Wrap for Friday, May 3: Stocks Jump on Strong Jobs Data

The U.S. stock market jumped on Friday to end the trading week. The catalyst for the move higher was a strong jobs report, which briefly sent the Dow Jones Industrial Average over 15,000 for...

Read more: Market Wrap for Friday, May 3: Stocks Jump on Strong Jobs Data

More Articles...

  1. Shanghai Composite continues to find support
  2. It’s just not as easy as saying “Risk On” or “Risk Off”
  3. Making Money Alert: The Return of the Slogan Months
  4. Mid-Morning Market Update: Markets Surge On Jobs Data, Dow Breaks 15,000 for the First Time in History
  5. Emerging Markets vs. domestic markets can the chart recover?
  6. 2 Ways To Invest In Emerging Markets With Less Effort And Risk
  7. Market Update – Breakdown in gold and U.S. dollar inverse correlation
  8. Mid-Morning Market Update: Markets Open Higher, GM Profit Beats Estimates
  9. Debt and Growth in a Time of Controversy
  10. US Treasury says debt auctions could be trimmed
  11. Chrysler US sales up 11 percent in April
  12. Survey: Private employers add just 119K in April
  13. No policy changes are expected as Fed ends meeting
  14. Futures mixed on lackluster jobs numbers from ADP
  15. Workers rally for better conditions on May Day
  16. Pakistan-US alliance takes hits on campaign trail
  17. Uncle: Family to claim Boston bomb suspect's body
  18. Company IDs 7 killed in Afghanistan plane crash
  19. FDA lowers age for buyers of Plan B pill to 15
  20. Ireland publishes bill on life-saving abortions
  21. Report: Syria's Assad makes rare public appearance
  22. Italy race problems seen with black gov't minister
  23. Toddler is youngest to ever get lab-made windpipe
  24. Myanmar Muslims face uncertain future after attack
  25. Iran: chemicals 'red line' but seeks rebel probe
  26. US consumer confidence up on better hiring outlook
  27. Stocks edge lower; Pfizer weighs down the Dow
  28. Bangladeshis turn rescuers after building collapse
  29. US home prices up 9.3 pct., most in nearly 7 years
  30. US employment compensation up 0.3 percent in Q1
  31. Pfizer Q1 profit up, but drugmaker cuts outlook
  32. Obama administration simplifies health care form
  33. Laying bare your finances to apply for health care
  34. 'I'm gay': NBA player Jason Collins breaks barrier
  35. FDA will investigate added caffeine in foods
  36. Syrian TV: Bombing in Damascus kills 13 people
  37. Willem-Alexander becomes new Dutch king
  38. Israeli airstrike in Gaza kills 1 Palestinian
  39. Europe court: Tymoshenko jailing was rights abuse
  40. Turkish womb transplant woman 6 weeks pregnant
  41. Inmate-removal order complicates Calif prison plan
  42. Germ-zapping 'robots': Hospitals combat superbugs
  43. Chevron profit down 5 pct. on lower oil prices
  44. US economy accelerates at 2.5 percent rate in Q1
  45. Big brands rejected Bangladesh factory safety plan
  46. Boston Marathon bombing suspect out of hospital
  47. Syrian officials deny use of chemical weapons
  48. Tax-free Internet shopping in jeopardy
  49. Toll in Bangladesh building collapse passes 300
  50. Collapsed building owner's property to be seized

What is S&P/TSX Composite Index?

S&P/TSX Composite Index

The TSX stock exchange defines an index as a statistical measure of the state of the stock market, based on the performance of certain stocks. The performance of the index is typically viewed as a broad indicator of the direction of the economy. Originally known as the TSE 300 the composite index was created in 1977, with a base level of 1000 as of 1975. Through the years the index consisted of a sample of 300 companies, though the companies that comprised the index varied from year to year. Stocks were dropped when they no longer met exchange requirements for size and liquidity.

Effective May 1st, 2002 the index has been managed by Standard & Poor's Corp. of New York. The name was changed from the TSE 300 to the S&P/TSX Composite Index. Along with the S&P branding came new rules. Tougher criteria for meeting size and liquidity standards were imposed and there is now no fixed number of companies in the index. Since May 2002 the number of companies has dropped from 300 to 212 as of November of 2003.

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