Friday, September 25, 2009
Atlanta's Georgian Bank is 95th failure of the year; FDIC to take $892 million hit
Atlanta's Georgian Bank is 95th failure of the year; FDIC to take $892
million hit
9/25/2009 4:26:23 PM EDT
Stocks end lower after weak economic reports on home sales and durable goods, rounding out a choppy week on Wall Street.
Stocks end lower after weak economic reports on home sales and durable
goods, rounding out a choppy week on Wall Street.
U.S. stock market dragged down by tech
U.S. stock market dragged down by tech
Technology shares weigh on the broader U.S. stock market as sector
bellwether Research In Motion's financial outlook proves
disappointing, prompting a handful of broker downgrades.
DOLLAR WEAKENS AS STOCKS TURN UP AFTER DATA
The dollar weakened in morning trade Friday, as stocks came off
earlier lows after U.S. economic reports that showed consumer
sentiment rose, while data on new-home sales and durable goods orders
were weaker than expected.
FRIDAY'S BIGGEST GAINING AND DECLINING STOCKS
E-Trade, Research In Motion and Finish Line were among companies making notable
moves in the U.S. stock market.
RIM SHARES SLUMP ON WORRIES ABOUT PRICING, OUTLOOK
Shares of Research In Motion slump in early trading after the maker of
BlackBerry smartphones reported disappointing second-quarter sales and
issued a light third-quarter revenue forecast.
RESEARCH IN MOTION LEADS TECH SECTOR LOWER
The tech sector edges lower early Friday, weighed down by shares of
Research In Motion, which plunged after the wireless-device maker
issued a disappointing outlook.
U.S. orders for durable goods drop steeper-than-forecast 2.4% in August
U.S. orders for durable goods drop steeper-than-forecast 2.4% in August
9/25/2009 8:32:14 AM EDT
U.S. stocks struggle for direction; Research In Motion drags on Nasdaq
U.S. stocks struggle for direction; Research In Motion drags on Nasdaq
9/25/2009 9:50:52 AM EDT
New home sales rise for 5th straight month, to annual rate of 429,000, government says, but level is below forecasts.
New home sales rise for 5th straight month, to annual rate of 429,000,
government says, but level is below forecasts.
Stocks open lower after a weak report on big ticket orders. Dow dips 17 points, Nasdaq slides 0.5% and S&P edges downward.
Stocks open lower after a weak report on big ticket orders. Dow dips
17 points, Nasdaq slides 0.5% and S&P edges downward.
Thursday, September 24, 2009
Breaking News Thu., September 24, 2009
U.S. Supreme Court Justice Ruth Bader Ginsburg Taken to D.C. Hospital,
Condition Reportedly Stable [7:59 PM EST]
Stocks end lower - with the Dow losing over 45 points - as a surprisingly negative housing report casts doubt on economic recovery.
Stocks end lower - with the Dow losing over 45 points - as a
surprisingly negative housing report casts doubt on economic recovery.
Change in power often good for German equities
Change in power often good for German equities
When it comes to German elections, change has been good for investors.
GERMAN ELECTION OUTCOME TOO CLOSE TO CALL
Chancellor Angela Merkel's Christian Democratic Union appears likely to retain
the top spot in the German government when voters head to the polls Sunday.
A NEW PRINCE FOR GERMANY'S FINANCES
If Chancellor Angela Merkel gets her way, German economic policy may soon be in
the hands of a Kansas-schooled Hessian aristocrat who has urged tax cuts to
boost Europe's largest economy.
RESTORED LANDMARK SIGNALS RESURGENCE IN SAXONY
Nearly 20 years after the fall of the Berlin Wall, the Frauenkirche had been
completely rebuilt, a symbol of Dresden's and East Germany's resurgence.
CENTER-RIGHT COALITION COULD CUT SOLAR SUBSIDIES
Though broad political support for renewable energy is certain to stay in place
regardless of what government emerges after Sunday's national election, a
center-right coalition will likely push for bigger cuts to the state subsidies
that have helped make Germany one of the global leaders in green energy.
Stocks rise as a better-than-expected report on jobless claims helps to alleviate economic jitters.
Stocks rise as a better-than-expected report on jobless claims helps
to alleviate economic jitters.
Wednesday, September 23, 2009
Stocks tumble at the close, with the Dow ending more than 80 points lower, after Fed policy announcement.
Stocks tumble at the close, with the Dow ending more than 80 points
lower, after Fed policy announcement.
Fed extends debt-buying plan through March, leaves rates unchanged
Fed extends debt-buying plan through March, leaves rates unchanged
9/23/2009 2:20:28 PM EDT
Federal Reserve says 'economic activity has picked up'; leaves key overnight rate unchanged at near 0%.
Federal Reserve says 'economic activity has picked up'; leaves key
overnight rate unchanged at near 0%.
Which countries offer best pension benefits?
Which countries offer best pension benefits?
If you could move to any country of your choice to retire with the
most secure pension benefits, which would you pick? By and large,
experts who study pension systems say no country is a retirement
Shangri-La, though certainly some places do better than others in
providing for retirees' financial security.
PUBLIC PENSIONERS HAVE TAXPAYERS AS A BACKSTOP
When it comes to retirement security, it pays to have something that
is good enough for government work.
U.S. STOCK INVESTORS BENEFIT FROM WEAKER GREENBACK
U.S. investors have the upper hand when it comes to dollar-denominated
emerging market equities, with the weakened dollar helping pad returns
for those investing in foreign stocks.
WEDNESDAY'S BIGGEST GAINING STOCKS
Ford, Jabil, AutoZone, General Mills were among stocks making notable
moves Wednesday.
MORE CONFIDENT TONE EXPECTED FROM FED
Not only is the economy looking like it has started to recover,
policymakers are likely to be pleased that conditions are unfolding
largely as they anticipated.
Stocks inch up in the first moments of trading as investors await the Fed's statement on interest rates.
Stocks inch up in the first moments of trading as investors await the
Fed's statement on interest rates.
Tuesday, September 22, 2009
Markets Tuesday, 09/22/2009
|---------------------------------------------------------------------------|
| Dow : 9829.87 up 51.01 | S & P : 1071.66 up 7.00 |
| NASDAQ: 2146.30 up 8.26 | Bond (10Y): 3.44%, 101.47
|-----------------------------------------------------------------------------
MARKETS:
Stocks hit 1-year highs
Wall Street surges, with the Dow, S&P 500 and Nasdaq ending at the
highest point since last fall. Financial and commodity shares lead
the way.
U.S. stocks end higher, led by financials and energy; Dow closes up 51 points
U.S. stocks end higher, led by financials and energy; Dow closes up 51 points
9/22/2009 4:07:10 PM EDT
Home prices rise 0.3% in July, FHFA data show
Home prices rise 0.3% in July, FHFA data show
The market value of U.S. homes rises a seasonally adjusted 0.3% in July
compared with June, marking the third monthly increase this year, data
compiled by the Federal Housing Finance Agency show.
KIWI RALLIES ON SURGE IN NEW ZEALAND DAIRY EXPORTS
Good news for New Zealand's dairy farmers helped the nation's currency
rally against the U.S. dollar Tuesday, which fell to a 13-month low.
CRUDE REBOUNDS ABOVE $71 ON INVENTORIES OUTLOOK
Crude-oil futures rally more than 2%, recovering some ground after a
steep fall in Monday session, as energy traders await American
Petroleum Institute data on U.S. petroleum inventories for last week.
Renewed weakness in the dollar also helps contribute to favorable
sentiment.
CITI, AIG RISE, BOLSTERING TAXPAYERS' PORTFOLIO
AIG shares rise as investors continued to bank on the government
rejigging its bailout of the firm yet again.
SHANDA GAMES LEADS BUSY WEEK FOR U.S. IPOS
Shanghai-based Shanda Games Ltd. plans to raise up to $819 million in an
initial public offering on the Nasdaq as the richest in a handful of
U.S. IPOs scheduled for this week. It's the busiest calendar for the
domestic
underwriters since late in 2007.
Stocks rise as investors react to a rally in European markets and focus on the Fed's 2-day meeting. Dow up 45 points.
Stocks rise as investors react to a rally in European markets and
focus on the Fed's 2-day meeting. Dow up 45 points.
Monday, September 21, 2009
Markets Monday, 09/21/2009
|
|---------------------------------------------------------------------------|
| Dow : 9778.86 down 41.34 | S & P : 1064.66 down 3.64 |
| NASDAQ: 2138.04 up 5.18 | Bond (10Y): 3.48%, 101.19 |
-----------------------------------------------------------------------------
MARKETS:
Stocks sputter after hitting records
Wall Street churns, as the six-month market advance hits some
turbulence. Dow falls after ending last week at a nearly one-year
high.
Stocks end mixed as commodity prices sink and financial stocks trim recent gains; Dow loses 41 points.
Stocks end mixed as commodity prices sink and financial stocks trim
recent gains; Dow loses 41 points.
Leading indicators show recession bottoming out
Leading indicators show recession bottoming out
The U.S. recession is bottoming out and a recovery is near, economists
for the Conference Board say.
QUICK WAYS TO REBUILD YOUR RETIREMENT PORTFOLIO
Jo and Al Lineberry were expecting a smooth and stress-free retirement
when life intervened. Two years ago, the Lineberrys were corporate
executives in Minneapolis with successful and lucrative careers. Then
Al was laid off, and Jo lost her job nine months later.
FINANCIAL STOCKS REMAIN WEAK ON DATA
Shares of U.S. financial stocks fall as investors digested data showing that
economic recovery is real, but slow.
RETAIL STOCKS DROP ON CONCERNS RALLY MAY NOT LAST
Retail stocks opened lower with broader markets against concerns that
the market's six-month run up may not be sustainable. Costco Wholesale
Corp. shares bucked the trend and were up slightly after its stock was
upgraded to outperform by William Blair & Co.
DOLLAR RISES AHEAD OF FED MEETING, G20
The U.S. dollar gained ground Monday as investors shied away from
risk-oriented trades ahead of this week's meeting of U.S. Federal
Reserve policy makers and a summit of the leaders of the Group of 20
global economic powers.
Stocks open lower as investors take a break following the market's recent runup. Dow dips 54 points.
Stocks open lower as investors take a break following the market's
recent runup. Dow dips 54 points.
