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FLAT DAY: Stocks meandered for much of the day and ended narrowly mixed. The Dow Jones industrial average gave up 7 points to end at 11,491 and the Standard & Poor's 500 edged up 1 to 1,243, another high for 2010.

STRONG WEEK: The Dow rose 0.7 percent over the course of the week, its third straight weekly gain. The Dow has gained 400 points, or 3.6 percent, over the past three weeks.

MORE DEALS: Marshall & Ilsley Corp. jumped 18.3 percent to $6.85 after Canadian bank BMO Financial Group said it will buy the Wisconsin-based bank for $4.1 billion in stock.

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Markets take data in their wake, because it did not alter the view that the Bank of England will keep a record low of 0 5pc recovery interest rates.?Photo: dbimages / Alamy

The NSO has stated his second estimate growth between July and September has also confirmed the economy 2. 8pc, compared to year ago according to the forecasts of analysts.

Net trade has contributed to 0.4 percentage growth, most since the end of 2008, as exports have increased faster than imports.

While figures may reassure makers that a sterling depreciation period contributes to rebalancing the economy recovery still faces Government winds deep spending cuts that would begin to bite next year.

"There is a bit of a disappointment with consumption, which can be a worrying prelude to what is to come", said Brian Hilliard, an economist at the General society.

New figures on expenditure showed a growing household spending slowed the 3pc 0 0 7pc in the second quarter, while government spending has increased by only 0 4pc, less than half the pace in the second quarter.

But markets took data in their wake because it did not alter the view that the Bank of England will keep a record low of 0 5pc for many months to come for the recovery interest rate.

The Government plans to cut spending by about ￡ 81bn over the next four years with loss of nearly half a million public.Paiements welfare sector jobs are also defined in the fall, that an increase in value-added tax in January will be put more pressure on household finances.

Analysts said they doubted that the private sector would be able to compensate for loss of profits left by reductions in public expenditure, 0 2pc - first decrease of almost a year after figures separated Wednesday showed business investment.

It is also uncertain how much export request hold, taking into account the financial turmoil in parts of Europe, which is the most important trading partner of Great Britain.

"The global economy slows, and disorders of the euro area, to export its way out of recession United Kingdom capacity remains in doubt," said Hetal Mehta, an economist at Daiwa Capital Markets.

However, economic advisor to the Club Ernst & Young, Andrew Goodwin said: "it is quite possible that we will see a milder due in the coming quarters, but in a broader context, recovery seeks to be on a firm footing relatively.

Graeme Leach, an economist at the Institute of Directors, said: "many today reaffirmed our belief that economic recovery will be a sign of the square root, activity economic leveling in 2011 after a normal a cyclical recovery in 2010."

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WASHINGTON--Economy increased last summer slightly faster Americans spent a little more freely. There are still too weak to reduce the rate of unemployment as Democrats facing deep losses Tuesday, elections.

The Department of commerce, said Friday that the economy grew at an annual rate of 2 per cent in the quarter of July at septembre.Il marked an improvement to the slow growth of 1.7% in the quarter April-June.

Consumer has helped to stimulate economic growth in the last quarter with growth of 2.6% of the dépenses.Qui was better than the rate of growth of 2.2% in the second quarter and marked the largest quarterly increase since a gain of 4.1% at the end of 2006 before the blow of recession.

Speaking on the US economy at a press event Friday morning, President Barack Obama pointed out that the US economy saw nine consecutive months of private sector jobs gain, but added that mission administration, its is to "accelerate" the pace of economic recovery and growth.

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A rebound of the recent scholarship has made Americans feel better about dépenses.Aubaines on everything from cars to the furnishings, also attracted their. Consumption expenditure represents approximately 70 per cent of national economic activity and therefore plays a major role in determining the strength of the economic recovery.

But to have an impact on the unemployment rate of 9.6%, consumers need to spend even more and the economy must rack growth of 5% for a full year.

"We're just obviously," said Ken Mayland, Chairman of the economics of ClearView. "I think it's going be difficult to get out of the rut of this anemic growth."

Last snapshot the Government of the country's economic health comes a few days before Americans go to the polls to elect a new Congress.Angry voters might cost control of the House of Commons and perhaps the Senate Democrats.Fragile economy means Americans with jobs are meagre wage gains and those without are facing fierce competition for a few openings become seized disponibles.Accueil have soared.

In order to strengthen the economy, the Federal Reserve is all but certain launch a new program week prochaine.Il is likely to start the purchase of bonds again in a bid to make cheaper loans and to encourage people to spend doing plus.Ce contribute to economic growth.

Business has also played a role in slightly better performance economy during the July-September quarter.

They boosted spending on hardware and software at a 12% annualized rate, even if it was about half the rate observed in the quarter avant.Et businesses has increased spending on projects such as buildings, offices and factories, commercial construction for the first time in more than two years.These expenditures have increased at a percentage of 3.9 pace in July-September quarter.

However, companies slashed spending on housing projects last quarter at an annualized rate of nearly 30 %.Qui followed a great breakdown of expenditures during the quarter April-June, which was supported by the Government tax credit has expired the present state of play.

Who led the country into recession, the housing market remains a weight on the economy.

Life Inc.: Senior Economist, said "no double-dip".

Trade deficit nation also retained growth last quarter, though that step by as much as three months before.

With consumers spend more, they Plantar less their économies.Ils saved 5.5 per cent of their income for the quarter from July to September, down 5.5% during the quarter April - June .c ' is always a high savings rate.Before the recession, people are recorded only about 1% of their disposable income.

Growth in the October-December quarter is not intended to improve beaucoup.Une new economy AP survey finds a 2.4% pace.

If this is the case, economy will end of 2010 on lower foot there commencé.Dans January-March quarter, the economy grew at a percentage of 3.7 pace.

Even if plan the Fed works, economists said he is likely to provide only a modest boost economic growth, may be a few tenths of a percentage point in the last quarter of this année.Pourtant, additional economic activity will be sufficient for driving unemployment, said économistes.Le rate is still expected to be over 9% at the end of this year, even with the help of the US Federal Reserve.

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As a general rule, the economy is expected to increase by 5 percent a year complete knock down the rate of unemployment by one full percentage point.

For the whole of this year, the economy is expected to grow 2.6 %.Qui would be an improvement relative to gross domestic product 2009.Le has reduced this year by an equal amount, the largest annual drop since 1946.Il measurement values of all goods and services - machine manicure - produced in the United States.

Separately, a report by the Ministry of labour Friday showed employment costs posted another modest gain in the quarter from July to September with compensation for State and local government employees in the lowest performance to close to three decades.

Costs of employment for civilian workers increased 0.4% in the third quarter and 1.9% during the 12 months ending in September, said the Department of travail.Taux high unemployment in a deep recession continues to reduce the bargaining power of workers.

State and local government, ravaged the shrinking budgets, workers known worse than employees in the sector privé.Leur remuneration is flat in the third quarter and only 1.7 per cent in the last 12 months.

Both were lower occurrences on records dating back to 28 years.

The Associated Press and Reuters have contributed to this report.

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They are cautious consumer spending represents 70pc of US GDP but with nearly 1 in 10 unemployed workers.

However, growth in gross domestic product between July and September is not smart enough far at the rate of unemployment or to change the perceptions of the monetary easing of the Federal Reserve next week.

While the u.s. commerce Department reported consumption expenditure increased by 2 6pc - 2 2pc in the previous quarter - up and business investment continued to grow, much of the increase in demand has been greeted with - 17pc - imports and domestic goods continued to accumulate in warehouses, suggesting a tepid growth in the fourth quarter.

Consumers are cautious consumer spending accounts for 70pc of US GDP but with nearly 1 in 10 unemployed workers.

In the third quarter - registration as a percentage of disposable personal income - personal saving rate was 5 5pc, compared to 5 9pc in the second.

Today's GDP figure is on the second quarter when more world wide economy grew at an annual rate of 1. 7pc, but the first when it is developed by 3. 7pc.

"The economy is recovering, but recovering at a sluggish pace, and this will certainly contribute to the fed in its deliberations Tuesday, said Hugh Johnson, Hugh Johnson Advisors in Albany, New York Chief Investment Officer."

GDP report showed preferred as the Fed, personal consumption expenditures (PCE) index excluding food and energy, inflation has increased at an annual rate of 0 8pc in the third quarter.

This is the smallest increase since the fourth quarter of 2008 and well below the Fed inflation .the comfort zone' index increased by 1 in the second quarter percentage point.

Analysts expect the fed to announce bond purchases of approximately $ $ per month on Wednesday.

Estimate the growth is subject to revision.

Residential construction has also been a drag on growth during the third quarter, reflecting the end of a tax credit for public acheteurs.Dépenses made a modest contribution to investment by the State and local governments, growth fell in the third quarter after the rise in the prior period.

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Oil prices are still high at about $80 per barrel and its refining and marketing division is better than last year. The city therefore expects profits on a supply base cost (stripping the effects of inventory) increase by 50pc year $4 United last.

Analysts of BNP Paribas said: "us expect earnings per unit growth sector advanced new mega-projects coming on stream.

Monday, October 25

? All eyes will be speaking of Pearson education where he pointed out the lundi.Alors Apollo Group, the largest education registration company withdrew its forecasts for 2011 due to regulatory review and a decrease in potential 40pc of new students, analysts believe that the potential impact on Pearson is faible.Nouvelles new partnerships in education, such as the Arizona State University in line, in partnership with Pearson Education will be of interest.

The full-year results: none announced

Interim results: none announced

Trading update: Pearson

Economy: Bank of England Asset purchase for Q3 report, BBA mortgage approval, the Governor of the Bank of England Mervyn King, MPC Member Paul Tucker and reserve Federal Chairman Ben Bernanke speech

Meetings: McBride AGM

Tuesday 26 October

The full-year results: none announced

Interim results: Braemar, Seascope, Lidco

Business Update: Afren, Arm Holdings, Ceva

Economy: UK Q3 GDP first estimate, service data, Member of the PPC Adam Posen speech

Meetings: nNone announced

Wednesday 27 October

? British American Tobacco is the choice for investors who helped send the actions of the FTSE 100 group up 21pc courses this year, against a rise of Imperial Tobacco 2pc.

BAT will be under pressure to prove his credentials with investors focusing on the degree to which emerging markets - strength key group – continue to be more efficient that countries développés.Avec the Russia Brigue a ban on advertising in 2012, the city is also eager to know the potential for other regulatory enforcement actions and their likely effects RTI ' first half revenues increased 8pc and examine the same investors.

The full-year results: none announced

Interim results: first derivatives

Trading update: British American Tobacco, Plasmon, Virgin Media, Willis Group Holdings

Economy: address by the CPC Member Charlie Bean

Meetings: none announced

Thursday 28 October

? AstraZeneca will publish the results of the third trimestre.Analystes Citigroup expect quarter to mark a turning that high-end winds such as the generic drug competition intensified in the second half of the year .the broker added that its forecasts indicate that this quarter will mark the first since the first three months of 2004, AstraZeneca reported a decline in earnings by share.

Analysts are expecting a decrease in sales to $7. 95bn (Institute for ￡ 5) 3pc and a 10pc decreased "core" earnings by share $ 1.52.

? Prime Minister Foods is attributable to the trade for the third quarter report .the ' business is struggling with a pile of debt of ￡ 1. 37bn so as to improve the growth of sales in difficult times for the costs of consommation.La last week, the Prime Minister announced pay 167 m ￡ to leave deficit derivatives implemented when the company bought Hovis maker RHM 2007.La society has also been approaches for its brand of meat-substitute Quorn, which could be worth up to 250 m ￡.

Full-year results: Mouchel

Interim results: Rugby Estates

Trading update: Aggreko, Arriva, axis-Shield, AstraZeneca, the premier Foods, Royal Dutch Shell, William Hill

Economy: Index awards at the National House, CBI distributive trades survey

Meetings: Ashmore, approved (AGM)

Friday, October 29

? British Airways had a torrid start to its fiscal year but things have picked up last week dernièrement.Décision Union Unite to a new offer of BA cabin crew could see the threat of strike an autre.Il follows the both expected for docking with American Airlines and the realization of merger of BA with Iberia.

UK flag carrier lost 292 m ￡ in the first six months of its fiscal year 2009 and despite the 250 m ￡ struck strikes and volcanic ash, the first half of 2010 should be much mieux.Trafic premium and freight was recovering strongly, with revenue per seat increases at a rate of growth in both chiffres.Courtier securities securities Charles Stanley provides a profit before taxes for 60 million from ￡.

? County will update the market on its results for the third trimestre.Analystes Morgan Stanley expect revenues from 858 m $ to consensus 846 m $.

The full-year results: none announced

Interim results: British Airways

Trading update: County, WPP, Forth Ports

Economy: The official GfK, consumer confidence figures on consumption, money supply credit and mortgages, US Q3 GDP

Meetings: none announced

Economic next week

Just how fast the economy is growing is unveiled Tuesday, when the national statistical Office publishes its first estimate of gross domestic product (GDP) increased in the third quarter.

Nobody expects sales to match the growth of 1. 2pc quarter-on-quarter shock view in the second quarter, driven by the construction bouncing back after the difficult winter.

Economists expect a digit from 0 4pc represents a fourth successive quarter of recovery, but analysts expect growth to slow to low in addition in front of the financial, rising unemployment and a faltering housing market.

Therefore, the index of GfK NOP is supposed to show the confidence of consumers took a significant knock in October.

The prospect of a war of currency as countries attempt to stop their currency, climbing, in an attempt to protect their exports will remain a hot topic after the meeting of G20 Finance Ministers.

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In an e-mail sent on Thursday afternoon for analysts, L & G stated that he "," inadvertently"included a draft of its financial figures for the third quarter with its numbers throughout the year for 2009.

L & G was scheduled to publish an update on its financial performance on November 9th, the company confirmed that it would still be moving forward with the release of a full game in the third quarter number on that date.

The new business numbers released show investment management company L & G recorded an increase in new funding to ￡ 27 gross 13pc. 6bn, compared to ￡ 24 United in the first nine months of 2009.

Analysts surprised by the accidental release of numbers if they were greeted by as a positive performance L & G update.

Eamonn Flanagan, broker Shore Capital, said "the surprising announcement" is "excellent reading for investors" and drew attention to the growth of new business 15pc pensions and life around the world.

"This implies a rebound encouraging consumption activity for us, and highlights the strength of the platform for distribution of legal information, said Mr. Flanagan.

Deutsche Bank analysts have benefited L & G error to update guidelines of the Bank clients on shares, increasing the price target for the price of the part of the 7pc at 109 p and the maintenance of its "hold" rating.

L & G shares slipped 0.6 percent 103,7 despite the positive response among analysts.

The accidental release of third quarter numbers highlights the practice among companies rated to provide direction to analysts of investment on their performance.

If it is illegal to provide non-public information to third parties, companies and their advisors keep in regular contact with analysts to inform them about their financial prospects.

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Applications for unemployment benefits fell last week for the third time in four weeks, one characters that employers cut fewer jobs.

New claims for unemployment benefits of 16,000 on a seasonally adjusted 453,000 fell, said the Ministry of labour to the Donnerstag.Dennoch are enough to rapid employment growth higher than you would in a healthy economy and not low signal.

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The claims figures are "mildly encouraging" and "moving in the right direction," said Michael CAP, senior U.S. economist at Barclays Capital. But must fall between 400,000 and 425,000 to specify that the setting is picking up, he said.

A separate report, the Commerce Department said that economic growth annual rate of 3.7 percent slower quarter in the second quarter to 1.7 percent in the January-March.

The second quarter figure is slightly higher than last month's estimate of 1.6 percent.The modest correction was appreciated a little more consumer spending as a first result, but hardly enough to a significant impact on the broader economy.

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Most economists expect growth estimates rich between 1.5 and 2 percent in the July-September quarter, be similarly weak.The Government will be released Oct. 29 the first report for third quarter GDP.

Shares rose in response to the Berichte.Der Dow Jones industrial average moved up 44 points in the trade of morgen.Breitere indexes rose also.

Mortgage rates dropped this week to mortgage buyer Freddie Mac the average rate for a 30-year loan with fixed fell to 4.32%, to the lowest rate on records that dates back to 1971.

Mortgage rates were cast on or close to the lowest money in the safety of government bonds, reducing their return on investment levels in the decades since the spring as an investor.Mortgage rates tend to track income.

Unemployed claims are approximately 450,000 for most at the same level fluctuated claims before two weeks waren.Erste this year.

The four-week average of claims that a less volatile measure fell for the fifth straight week 458,000, the lowest level in two months.

Applications for unemployment during volatile, weekly claims provide a real-time snapshot of Arbeitsmarktes.Die illustrations apply the pace of layoffs and providing rent willingness of the company as a measure.

Initial claims are strong since June 2009, the month dropped the recession beendet.Sie topped 600,000 at the end of this month.But most found this decline last year.

The economy has discouraged this year many employers setting strong verlangsamt.Anfang of this week took a survey of the Business Roundtable, a group of senior, that only 31 percent of CEOs expected told you that your pay and payroll in the next six months, down from 39 percent in June increase June read the was the best since the recession in December 2007 began.

Companies added a net total 67,000 jobs last month, but that's not nearly enough to reduce the unemployment rate which is 9.6 percent.

Jobless claims high many economists expect another anemic month of job creation, if the Government issues its next monthly report to employment on Oct. 8.

Of 83,000 to just under 4.5 million, the number fell during the recession get not millions of people, unemployment aid under advanced programs approved by the Congress of people remain unemployed benefits get Department sagte.Aber that closes.

Advanced use roles dropped approximately 300,000 to 4.9 million in the week end Sept. 11, the latest available Daten.Alles in all unemployment received aid, 8.8 million people that week.

Some companies are still Arbeitnehmer.Letzte cut week, said pharmaceutical companies Bristol-Myers Squibb co. it about 3 percent of their positions in the next six months eliminate würde.Das is approximately 840 jobs from 28,000 worldwide.

? 2010 The associated Press.Alle rights vorbehalten.Dieses material may be not published, sent, rewritten or redistributed.

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