Posted by admin on April 14, 2009 under News |
Wall Street is poised for a moderately lower opening as investors prepare for earnings season
NEW YORK (AP) – Wall Street was poised for a moderately lower opening Monday as investors prepare for earnings season to begin in earnest and await new economic data that will provide more details on …
Posted by admin on under News |
Japan to give Pakistan $1 bln in aid: Nikkei (Reuters)
Reuters – Japan’s government is finalizing plans to provide Pakistan with up to $1 billion in economic aid over the next two years, the Nikkei business daily reported Saturday.
Posted by admin on April 13, 2009 under News |
China shares rise on Wall Street
SHANGHAI (AP) SHANGHAI (AP) ? Chinese shares rose for a second day Friday after Wall Street's overnight gains and stronger corporate earnings, ending the week up 1 percent. The benchmark Sha…
Posted by admin on under News |
How the Dow Jones industrials fared Thursday (AP)
AP – Stocks rallied Thursday to their highest levels in two months after Wells Fargo & Co. surprised the market with an early profit report that blew past analysts’ expectations. The major market indexes logged their fifth straight week of gains. U.S. financial markets are closed for Good Friday.
Posted by admin on under News |
Nymex Crude Rises Along With Equities
Oil futures ended higher Thursday, as optimism in equity markets about the U.S. economy carried over into crude. Light, sweet crude for May delivery settled $2.86, or 5.8%, higher at $52.24 a barre…
Posted by admin on under News |
Wall Street sets 5th weekly gain on banks, Boeing off late (Reuters)
Reuters – Stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, fueling a month-long rally prompted by hopes that deterioration in the financial sector was abating.
Posted by admin on under News |
A strategy for stocks Look inward first
Uncomfortable putting your hard-earned money in stocks — even after the recent run-up that has helped recover a portion of the last year's losses? That's probably a good sign. "When people as a gr…
Posted by admin on under News |
Insurers lift Wall Street; Berkshire rating cut (Reuters)
Reuters – Stocks snapped a two- day slide on Wednesday on news the government is shoring up life insurers and optimism about consumer spending after Bed Bath & Beyond Inc reported a better-than-expected profit.
Posted by admin on under News |
Excessive Fee Case Against RiverSource Makes Headway
News that RiverSource was laying off multiple employees was not the worst news for the fund family this week. On Wednesday, the Eighth Circuit Court of Appeals said the shareholders of 11 RiverSource …
Posted by admin on under News |
Treasurys decline as stock market rallies (AP)
AP – Treasury prices fell Thursday after a surprisingly strong profit at Wells Fargo and better-than-expected unemployment data drove investors into stocks.