Friday, June 19, 2009
Kansas-based 1st Nat. Bank of Anthony shut by regulators; 40th...
Kansas-based 1st Nat. Bank of Anthony shut by regulators; 40th closure of 2009
6/19/2009 7:36:35 PM EDT
U.S. seizes two banks ...
U.S. seizes two banks in Georgia, North Carolina; 39 have failed in 2009
6/19/2009 6:32:35 PM EDT
Nasdaq, S&P end Friday higher; Dow declines,...
Nasdaq, S&P end Friday higher; Dow declines, suffering first weekly
loss in over a month
6/19/2009 4:03:26 PM EDT
Oil settles down $1.82 at $69.55 a barrel...
Oil settles down $1.82 at $69.55 a barrel on indications of ample
supplies of gasoline.
Tech stocks rise in early trades; RIM shares fall
Tech stocks rise in early trades; RIM shares fall
Technology stocks made moderate gains, boosted by a broad market
uptick, while Research In Motion declined following a forecast that
disappointed some investors.
TIGER WOODS' GENIUS EXPLAINED AT U.S. OPEN
Jerry Tarde, marking his 25th anniversary this year as the editor-in-chief of
Golf Digest magazine, has an enviable image. Tarde, who started at the
monthly as an intern in 1977 and has never worked anywhere else, is
respected for his longevity, innovations and influence.
RIM SHARES TAKE HIT ON FORECAST
U.S.-listed shares of Research In Motion decline, after a moderate
forecast for the current quarter spooks investors who sent the shares
up almost 60% over the past three months.
FRIDAY'S BIGGEST GAINING AND DECLINING STOCKS
Among the companies whose shares are seeing active trading in Friday's
session are Research In Motion and E-Trade Financial.
DISTILLATE MARKET CAN SPEAK VOLUMES ABOUT ECONOMY
The U.S. distillate market -- supply, demand and production of heating
oil and diesel fuel -- speaks volumes about the economy, so maybe it's
time to listen.
Energy: Crude holds above $71 on Globex
Crude-oil futures hold their ground firmly above the $71-a-barrel
level, moving modestly higher as traders gauge the prospects for oil
demand.
Stocks open higher - led by financial shares ...
Stocks open higher - led by financial shares - amid encouraging signs
about the pace of an economic recovery.
U.S. says May unemployment topped 10% in 13 states. Michigan soared to 14.1%,...
U.S. says May unemployment topped 10% in 13 states. Michigan soared to
14.1%, followed by Oregon, Rhode Island, S. Carolina, Calif.
Thursday, June 18, 2009
Financier Allen Stanford charged with fraud, surrenders to FBI: WSJ
Financier Allen Stanford charged with fraud, surrenders to FBI: WSJ
6/18/2009 10:31:30 PM EDT
Energy: Study warns of cost overruns at proposed reactors
A new study warns the cost of building nuclear power plants will
likely hit the high end of current industry estimates of $5 billion to
$8 billion each, and that it would be cheaper for the U.S. to instead
focus on energy efficiency and alternative sources such as wind and
solar.
RIM reports 33% higher earnings,...
BULLETIN: RIM reports 33% higher earnings, but shares fall late after
forecast disappoints
6/18/2009 4:19:22 PM EDT
Blue chips pace modest stock advance on better-than-expected economic reports; Dow ends up 53 points...
Blue chips pace modest stock advance on better-than-expected economic
reports; Dow ends up 53 points. Nasdaq little changed.
Breaking News Thu., June 18, 2009
Continental Pilot Has Died in Flight; Plane Making Emergency Landing
at Newark Airport
U.S. stocks overcome flat start to post subsantial gains; Dow up 75
U.S. stocks overcome flat start to post subsantial gains; Dow up 75
6/18/2009 10:23:44 AM EDT
Energy stocks perk up; natural gas reserves grow
Energy stocks perk up despite lower oil prices as the Conference Board
reported a rise in May leading indicators in a sign that the recession
is losing steam.
First-time unemployment claims rose 3,000 last week to 608,000, U.S. says...
First-time unemployment claims rose 3,000 last week to 608,000, U.S.
says. Number of continuing claims fell for 1st time since Jan.
Stocks open mixed after a government report shows the number of continuing jobless claims eased...
Stocks open mixed after a government report shows the number of
continuing jobless claims eased for the first time since January.
Energy: Crude rises in Asia as U.S. supply tightens
Oil futures post modest gains, looking to extend strength from data
showing a bigger-than-expected drop in U.S. crude supplies and an
increase in gasoline demand.
Wednesday, June 17, 2009
Stocks end mixed .... Dow slips 6 points, ...
Stocks end mixed after Obama announces financial reform plan; Dow
slips 6 points, Nasdaq ends 0.7% higher.
Obama unveils sweeping proposal to overhaul financial regulation
Obama unveils sweeping proposal to overhaul financial regulation -
calls it biggest reform since Great Depression.
Obama says stronger market is goal of sweeping regulatory reform
Obama says stronger market is goal of sweeping regulatory reform
6/17/2009 11:27:16 AM EDT
Energy: Energy stocks lose ground
Energy stocks sustain a broad-based pullback, with weekly data on U.S.
petroleum inventories and the action in crude-oil futures helping
color trading in sector.
U.S. stocks slightly lower after range-bound opening hour of trades
U.S. stocks slightly lower after range-bound opening hour of trades
6/17/2009 10:30:33 AM EDT
Consumer prices fell 1.3% for the year, the largest annual drop since 1950, government says
Consumer prices fell 1.3% for the year, the largest annual drop since
1950, government says. Prices rose slightly in May.
Tuesday, June 16, 2009
Energy: Four firms to win nuclear-power financing: WSJ
Four power companies are expected to split $18.5 billion in federal
financing to help build a new generation of nuclear reactors, The Wall
Street Journal reports.
Breaking News Tue., June 16, 2009
President Obama to Extend Benefits to Same-Sex Partners of Gay and
Lesbian Federal Employees [9:30 PM EST]
Treasury: Fed to set higher bank capital standards
Treasury: Fed to set higher bank capital standards
6/16/2009 7:01:16 PM EDT
Stocks finish more than 1% lower as recession concerns continue to haunt investors. Dow drops 109 points
Stocks finish more than 1% lower as recession concerns continue to
haunt investors. Dow drops 109 points, near low for the day.
Energy: Obama adviser says climate action needed soon
A new report from government scientists points to the need for quick
action on climate change, a top adviser to President Barack Obama
says, including emissions reductions globally.
U.S. industrial production slips; decline from year-ago reading is steepest since 1946
U.S. industrial production slips; decline from year-ago reading is
steepest since 1946
6/16/2009 9:20:38 AM EDT
Stocks open higher as investors digest a strong housing report and a tame reading on inflation.
Stocks open higher as investors digest a strong housing report and a
tame reading on inflation.
U.S. producer prices rise 0.2% in May; energy costs singled out
U.S. producer prices rise 0.2% in May; energy costs singled out
6/16/2009 8:32:57 AM EDT
U.S. says housing starts surge 17.2% in May; building permits creep up 4%. Annual decline in wholesale prices greatest since 1949.
U.S. says housing starts surge 17.2% in May; building permits creep up
4%. Annual decline in wholesale prices greatest since 1949.
Energy: Asian shares fall; traders rethink recent gains
Asian share markets finished broadly lower Tuesday, led by losses in
banking and resource stocks, with investors wary that tentative signs
of economic recovery don't match the scope of the recent gains in
regional stock markets.
Energy: Oil futures extend losing streak to Globex
Oil futures head lower, briefly falling below the $70-a-barrel level
after losing nearly 3% in the past two trading sessions in New York.
Bank of Japan raises economic outlook for second time this year
Bank of Japan raises economic outlook for second time this year
6/15/2009 11:54:28 PM EDT
Monday, June 15, 2009
US Stocks In Sharp, Broad-Based Decline; DJIA Down 200 Points
US Stocks In Sharp, Broad-Based Decline; DJIA Down 200 Points
U.S. stocks and commodities suffered sharp, broad-based declines on
Monday as investors unwound some of the bets that pushed blue chips
into positive territory for the year-to-date last week. The Dow Jones
Industrial Average came into Monday's action up almost 23 points for
2009 but recently gave back more than 200 points, trading down 2.3% at
8593.16. All 30 of its components fell. Among the big losers were
Alcoa, down 6%; Boeing, down 4.4% and Wal-Mart Stores, down 2.5%. A
rebound in the dollar sparked a nearly across-the-board decline in
commodities, which are traded globally in dollar terms.
U.S. stocks close only slightly above day's lows; Dow plunges 186 as 28 of 30 members fall
U.S. stocks close only slightly above day's lows; Dow plunges 186 as
28 of 30 members fall
6/15/2009 4:03:41 PM EDT
Stocks finish with big losses as investors worry about economic recovery. Dow loses 184 points, Nasdaq and S&P drop more than 2%.
Stocks finish with big losses as investors worry about economic
recovery. Dow loses 184 points, Nasdaq and S&P drop more than 2%.
Stock selloff accelerates; Dow plunges more than 200 points; S&P 500 and Nasdaq both sink more than 2%.
Stock selloff accelerates; Dow plunges more than 200 points; S&P 500
and Nasdaq both sink more than 2%.
Obama seeks remake of Fed's powers: WSJ
Obama seeks remake of Fed's powers: WSJ
President Barack Obama is expected to propose a sweeping
reorganization of financial-market supervision, including remaking the
powers of the Federal
Reserve, The Wall Street Journal reports.
JAWBONING DELIVERS DOLLAR GAINS
U.S. Treasury Secretary Timothy Geithner appears to have won a respite
for the U.S. dollar, economists said Monday, after various officials
voiced confidence
in the greenback following the weekend meeting of the Group of Eight finance
ministers in Italy.
DOLLAR RISES AS G8 LOOKS TO END FISCAL STIMULUS
Dollar climbs against most of its major rivals after the Group of
Eight finance ministers say they are discussing strategies to unwind
policy measures taken on
in response to the economic crisis.
G8 MINISTERS LOOK TO END FISCAL, MONETARY STIMULUS
Finance ministers from the Group of Eight leading industrialized
countries say they have begun discussing how to unwind the fiscal and
monetary policy measures undertaken in response to the financial and
economic crisis that spread last year.
MANUFACTURING WORSENS IN NEW YORK IN JUNE
Manufacturers in the New York region said business worsened in early
June, according to a report from the New York Federal Reserve Bank.
See full story.
Sunday, June 14, 2009
Energy: Addax Pete gets C$8.83 bln Sinopec bid: report
Addax Petroleum Corp., owner of one of two operating oilfields in
Iraqi Kurdistan, has received a 4.8 billion pound (US$6.25 billion,
C$8.83 billion) proposal from Sinopec of China, the Times of London reports.
