Friday, July 17, 2009
Breaking News: Walter Cronkite dies at 92
Journalist Walter Cronkite, the "most trusted man in America," has died at 92.
Breaking News Fri., July 17, 2009
CBS News Legend Walter Cronkite Is Dead at 92 [8:18 p.m. ET]
FDIC seizes South Dakota's BankFirst, the 55th bank to fail this year
FDIC seizes South Dakota's BankFirst, the 55th bank to fail this year
7/17/2009 6:45:03 PM EDT
Stocks in focus for Monday
7/17/2009 8:08:00 PM ET
Among the companies whose shares are expected to see active trade in
Monday's session are Boston Scientific Corp., Eaton Corp., Halliburton
Co., Hasbro Inc., Johnson Controls Inc., Legg Mason Inc., M&T Bank
Corp., Texas Instruments Inc., Weatherford International Ltd. and
Zions Bancorp.
FDIC takes over Georgia bank; failure is 10th in state and 54th this year
FDIC takes over Georgia bank; failure is 10th in state and 54th this year
7/17/2009 5:58:32 PM EDT
Breaking News: Tiger Woods misses cut at British Open
TURNBERRY, Scotland (AP) - Tiger Woods has missed the cut in a major
for only the second time in his professional career. Woods made two
double bogeys on the way to a 4-over 74 Friday and won't be playing
the weekend at the British Open, missing the cut by one stroke. That's
happened only one other time since he turned pro - at the 2006 U.S.
Open shortly after the death of his beloved father, Earl.
Stocks end mostly higher; Dow gains 32 points to cap first up week in the last 5. Nasdaq edges up, while the S&P is flat.
Stocks end mostly higher; Dow gains 32 points to cap first up week in
the last 5. Nasdaq edges up, while the S&P is flat.
Energy: Jakarta blasts may have limited impact on markets
7/17/2009 3:00:00 PM ET
Any negative impact on market sentiment from Friday's hotel blasts in
Jakarta may be short-lived, as investors are likely to focus on
Indonesia's strong economic performance and political stability,
analysts say.
SEC complaint vs. Mark Cuban dismissed: AP
SEC complaint vs. Mark Cuban dismissed: AP
A civil insider trading lawsuit filed against Dallas Mavericks owner
Mark Cuban has been dismissed by a federal judge, according to the
Associated Press.
BANK OF AMERICA'S PROFIT SLIPS 5.5%
Bank of America says its profit slipped 5.5% in the second quarter as
credit-loss provisions continued to overwhelm record trading profits and a
multibillion-dollar gain from the sale of China Construction Bank shares.
CITI REPORTS PROFIT AFTER GAIN FROM SMITH BARNEY
Citigroup posts a quarterly profit after a huge one-time gain from a
joint-venture deal at its Smith Barney brokerage, but absent that gain,
business remained a tough slog.
GENERAL ELECTRIC'S QUARTERLY PROFIT TUMBLES 47%
General Electric Co. says profit fell 47% in the second quarter, as revenue
comes in weaker than expected.
MATTEL PROFIT SURGES WHILE SALES SLUMP
Mattel, the maker of Barbie and Fisher-Price toys, says its latest quarterly
profit nearly doubled despite selling fewer toys.
Energy: Energy stocks fall back from recent gains
Energy Stocks - Energy stocks fall back from recent gains
Breaking News Fri., July 17, 2009
The Pope Undergoes Surgery After Breaking His Wrist in a Fall, the
Vatican Confirms [7:34 a.m. ET]
Stocks open flat as investors remain cautious despite strong results from BofA, Citi and GE, and better-than-expected housing news.
Stocks open flat as investors remain cautious despite strong results
from BofA, Citi and GE, and better-than-expected housing news.
U.S. says June unemployment topped 10% in 16 states. Michigan becomes the first state in 25 years to exceed 15%.
U.S. says June unemployment topped 10% in 16 states. Michigan becomes
the first state in 25 years to exceed 15%.
Thursday, July 16, 2009
Google reports earnings of $5.36 per share ...
Google reports earnings of $5.36 per share on revenue of $4.07
billion. Both beat the Street.
Stocks end higher on strength in financial issues. Dow rises 93 points, Nasdaq gains more than 1%, S&P 500 advances 0.8%.
Stocks end higher on strength in financial issues. Dow rises 93
points, Nasdaq gains more than 1%, S&P 500 advances 0.8%.
Energy: Indonesia election lifts view of its stock market
7/16/2009 1:23:00 PM ET
The reelection of Indonesia's president has bolstered investor
sentiment toward Southeast Asia's biggest economy which is home to one
of this year's best performing emerging equity markets.
Energy: Energy stocks pause after recent rally
Energy stocks catch their breath Thursday after a big rally in the
previous session, with major indexes in the oil, gas and oil-service
businesses flat in early action.
After a string of strong days on Wall Street, stocks open slightly lower despite good news from JPMorgan.
After a string of strong days on Wall Street, stocks open slightly
lower despite good news from JPMorgan.
Number of people filing first-time unemployment benefits fell 47,000 last week to 522,000, U.S. says. Continuing claims fall as well.
Number of people filing first-time unemployment benefits fell 47,000
last week to 522,000, U.S. says. Continuing claims fall as well.
Wednesday, July 15, 2009
China's economy grows better-than-expected 7.9% on year in second quarter
China's economy grows better-than-expected 7.9% on year in second quarter
7/15/2009 10:04:04 PM EDT
Breaking News: Space shuttle Endeavour lifts off
On its sixth attempt, the space shuttle Endeavour finally took
Wednesday night.from Cape Canaveral, Fla. The mission to the
International Space Station was originally scheduled for mid-June, but
hydrogen leaks and bad weather kept pushing back the launch date.
Fed boosts outlook for overall economy in 2009 and 2010, but sees 10% unemployment by year's end.
Fed boosts outlook for overall economy in 2009 and 2010, but sees 10%
unemployment by year's end.
Stocks end about 3% higher on strength in technology and financial sectors. Dow rises 258 points.
Stocks end about 3% higher on strength in technology and financial
sectors. Dow rises 258 points.
Managers in wait-and-see mode in July - survey
Managers in wait-and-see mode in July - survey
Fund managers were more positive on economic growth in July but less
positive on equities as risk appetite was kept on a tight leash,
according to Merrill Lynch's monthly survey.
UPDATES, ADVISORIES AND SURPRISES
A roundup of the latest corporate earnings reports and what companies
are saying about future quarters.
WEDNESDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks making significant moves in Wednesday's trading include Altera,
Intel, Janus, and Yum Brands.
TECHNOLOGY SHARES LEAD SHARP ADVANCE IN EUROPE
European shares climb for a third session with technology stocks
notably higher as adjusted results from Intel add to positive
sentiment about the current earnings season.
TECHNOLOGY SHARES PACE GAINS IN ASIA
Asian share markets extend gains, as technology stocks such as Samsung
get a lift from Intel's optimistic earnings outlook.
Oil rises as API reports fall in crude supplies
Oil futures surge above $60 a barrel after the American Petroleum
Institute reports a decline in crude supplies and better-than-expected
results from Intel boost sentiment on Wall Street.
Consumer prices fell 1.4% for year, based on sharp drop in energy costs, U.S. says. In June prices rose 0.7% as gas spiked briefly.
Consumer prices fell 1.4% for year, based on sharp drop in energy
costs, U.S. says. In June prices rose 0.7% as gas spiked briefly.
U.S. consumer prices rise 0.7% in June, as expected, with energy prices up 7.4%
U.S. consumer prices rise 0.7% in June, as expected, with energy prices up 7.4%
7/15/2009 8:31:54 AM EDT
Dow surges more than 100 points within first two minutes of trading ...
Dow surges more than 100 points within first two minutes of trading as
rally intensifies on heels of strong quarterly results.
Tuesday, July 14, 2009
Former GM CEO Rick Wagoner's retirement package has been cut to $8 million from about $20 million...
Former GM CEO Rick Wagoner's retirement package has been cut to $8
million from about $20 million, according to a company filing.
Stocks end choppy session with small gains; Dow rises 28 points, Nasdaq and S&P 500 edge up less than 1%.
Stocks end choppy session with small gains; Dow rises 28 points,
Nasdaq and S&P 500 edge up less than 1%.
U.S Stocks close higher after day of trading in tight range; Dow gains 28 points
U.S. stocks close higher after day of trading in tight range; Dow
gains 28 points
7/14/2009 4:06:54 PM EDT
U.S. wholesale-level inflation jumps 1.8% in June
U.S. wholesale-level inflation jumps 1.8% in June
------------------------------------------------------------------------
EUROPEAN SHARES NOTCH SECOND STRAIGHT DAY OF GAINS
A strong performance from the banking sector helped European shares to rise
again on Tuesday, as better-than-expected earnings from Goldman Sachs
went some way to reassuring about second-quarter profit trends.
ASIAN MARKETS REBOUND ON COMMODITY PLAYS
Asian shares ended higher Tuesday after strong overnight gains on Wall Street,
with commodity stocks buoyed by a bounce in metal and oil prices.
GOLDMAN PROFIT RISES 65%
Goldman Sachs says second-quarter profit jumped amid record revenue generated
in equity underwriting, but shares of the investment powerhouse take a pause
following their Monday rally.
Stocks open flat as investors look beyond strong retail sales and better-than-expected results from Goldman Sachs.
Stocks open flat as investors look beyond strong retail sales and
better-than-expected results from Goldman Sachs.
Breaking News Tue., July 14, 2009
Goldman Sachs Reports Second-Quarter Profit of $3.44 Billion, Vastly
Surpassing Expectations [8:37 a.m. ET]
Monday, July 13, 2009
Breaking News Mon., July 13, 2009
NASA Scrubs Launch of the Space Shuttle Endeavour for a Fifth Time
[6:40 p.m. ET]
Stocks rally Monday. Dow jumps 177 points, while Nasdaq and S&P both climb over 2% on ...
Stocks rally Monday. Dow jumps 177 points, while Nasdaq and S&P both
climb over 2% on an improved outlook for Goldman and B of A.
Energy: Crude brought to heel
Speculators are fleeing the oil market, sending prices sharply lower
and raising speculation of a different sort among the rest of us.
Struggling CIT in talks to secure liquidity
Struggling CIT in talks to secure liquidity
CIT Group officials scramble over the weekend to improve the group's
funding position amid fears that nervous customers could start
withdrawing their funds, according to media reports.
GOLDMAN SACHS, PHILIPS, CARDIONET IN VIEW
A roundup of stocks making notable moves in pre-market trade on Monday.
PHILIPS, BANKS ADVANCE IN HIGHER EUROPE
European shares move higher Monday, as Philips Electronics advanced on
a small profit and final shares showed promise.
ASIA MARKETS TUMBLE; NIKKEI, HANG SENG SHRINK 2.6%
Asian equity markets suffered heavy losses Monday as nervous investors
braced for a slew of big U.S. earnings reports in the coming week,
though
merger-and-acquisition related news boosted shares of China Eastern
Airlines and Kirin Holdings.
MICROSOFT UNVEILS OFFICE, FUELS GOOGLE RIVALRY
Microsoft Corp. on Monday made the latest edition of its Office
software suite available for testing and plans to make key
applications such as Word and Excel available over the Web --
acknowledging burgeoning competition from Internet giant Google Inc.
and others.
Stock rally intensifies with the Dow jumping more than 100 points...
Stock rally intensifies with the Dow jumping more than 100 points, as
investors snap up financial shares ahead of corporate reports.
Energy: Crude futures slip further below $60 a barrel
Crude-oil futures extend their fall below $60 a barrel, tracking sharp
losses in regional equity markets and coming under pressure from a
stronger U.S. dollar.
U.S. stocks make modest early gains; CIT Group shares plunge as much as 29%
U.S. stocks make modest early gains; CIT Group shares plunge as much as 29%
7/13/2009 9:39:25 AM EDT
Sunday, July 12, 2009
Breaking News Sun., July 12, 2009
NzASA Postpones Space Shuttle Launch Due to Thunderstorms; Will Try Again Monday
