private sector

The rise far out-stripped expectations for a January trade deficit of $41.5 billion. The increase was due to increased imports of petroleum products, automotive vehicles and parts, consumer goods, and capital goods, which reached

Both U.S.

The U.S. trade deficit widened an unexpectedly large 15.1% in January, to $46.3 billion from a revised $40.3 billion in December, according to the Commerce Department's monthly statement on the U.S.'s trade balance.

The stock was cut to "market perform" from "outperform" on the prospect that high fuel prices will cut into JetBlue's 2011 earnings, dropping EPS below Raymond James' 40-cent estimate.

JetBlue opened down 8 cents at $5.51 and fell to a low of $5.45 before broad market sentiment pared losses, lifted by an upbeat private-sector jobs report. The stock has declined about 19% over the past three months in step with o

JetBlue Airways Corp. (JBLU) is down fractionally Wednesday, after it was downgraded this morning by Raymond James.

The Federal government will report its February non-farm payroll numbers on Friday, and economists are expecting a gain of 200,000 jobs for an official unemployment rate of 9.1%.

February employment in the private sector rose by 217,000 according to an Automatic Data Processing report. Service sector employment rose 202,000, while employment in the goods-producing sector rose 15,000. The company revised it