Top 10 News Items 10/25-10/29: Fed to Announce QE2 Next Week, Still in the Thick of Q3 Earnings Season, Carlyle Making Big Moves
29. 10. 2010 23:53 - Streetinsider.com
Here is a recap of the top news items from this week on Wall Street:
1. The Federal Reserve's new monetary stimulus measure, or QE2, will be unveiled next week according to reports from the Wall Street Journal. The Fed is expected to announced a program of U.S. Treasury bond purchases worth a few hundred billion dollars over several months. This will be different from the nearly $2 trillion program during the financial crisis. The announcement is expected upon the conclusion of a two-day meeting next Wednesday.
2. On the earnings front, the following big-name companies reported this week: Microsoft (Nasdaq:
