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Posted by admin on March 29, 2009 under News | 
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Lackey hurting; Haren sharp for Diamondbacks
TUCSON, Ariz. John Lackey is hurting, and his opening-day start for the Los Angeles Angels is in jeopardy. Dan Haren, meanwhile, is looking sharp for Arizona. He struck out 10 in seven in…
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Profit-taking, bank caution halt market run-up (Reuters)
Reuters – Wall Street capped a strong week on a down note on Friday as investors booked profits in the wake of the recent upward surge and bank shares dropped after bank executives indicated March had been a tougher month for the industry than the previous two.
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Indian stocks stage rally
MUMBAI: The BSE Sensex rose for a fifth day yesterday, taking gains for the week to 12.1 per cent, its best performance since the last week of October, but there were signs of investor fatigue. Share…
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China’s Consumers Are Still Spending (BusinessWeek Online)
BusinessWeek Online – The economic news coming out of China sounds dismal. Twenty million job losses. Ten thousand factory closings. Sputtering exports. Foreign direct investment receding fast. Even normally tight-lipped government officials have warned about social unrest. There are some reasons for optimism: Chinese banks opened their spigots and increased lending to an astounding $237 billion in January and another $157 billion in February. The stock market has rebounded 35% since the beginning of the year, and February sales grew 25% after the government announced tax breaks for cars with small engines. …
Posted by admin on March 28, 2009 under News | 4 Comments to Read
Lower consumer spending dents sector; J.C. Penney, Lululemon up
NEW YORK (MarketWatch) — Retail stocks traded mixed Friday after the Commerce Department reported that U.S. consumers retreated in February after splurging in January.
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Best Buy jumps after quarterly results (Reuters)
Reuters – Shares of Best Buy jumped 7.9 percent to $36.10 before the opening bell on Thursday after the electronics retailer reported better-than-expected revenue and net earnings.
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Drug stocks sag as Amgen rises on upgrade
) retracted 1.6%, or 126 points, to 7,800. Amgen shares were up 2% at $52.48 after J.P. Morgan raised its rating to overweight, citing the upcoming release of key clinical data for Amgen's oncology …
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Profit-taking, bank caution halt market run-up (Reuters)
Reuters – Wall Street capped a strong week on a down note on Friday as investors booked profits in the wake of the recent upward surge and bank shares dropped after bank executives indicated March had been a tougher month for the industry than the previous two.
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Husband of slain Wis. woman vindicated, angry
Lane McIntyre poses for a picture at his home in Beaver Dam, Thursday, March 26, 2009. McIntyre, the husband of Marilyn McIntyre who was killed in 1980, says he feels vindicated and angry after police…
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Oil up slightly, dealers await U.S. stocks data (Reuters)
Reuters – Oil rose slightly on Tuesday after U.S. stock markets bounced off their lows amid lingering optimism that the government’s plan to unburden banks of soured assets could help shore up the ailing economy.
