Saturday, December 12, 2009
Breaking News: Mark Ingram wins Heisman
Mark Ingram, the running back from the University of Alabama, wins the
2009 Heisman Trophy.
Friday, December 11, 2009
Breaking News: Tiger Woods taking indefinite leave from professional golf
Tiger Woods is taking an indefinite leave from professional golf to
work on saving his family, Woods announced on his Web site Friday.
Markets Friday, 12/11/2009
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| Dow : 10471.50 up 65.67 | S & P : 1106.41 up 4.06
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| NASDAQ: 2190.31 down 0.55 | Bond (10Y): 3.55%, 98.50
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MARKETS:
Dow at new '09 high
A better-than-expected reading on consumer spending and sentiment
propels the blue chip average to the highest point in 14 months. But
a strong dollar limits gains.
Breaking News: House passes major Wall Street regulatory reform
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Retail sales sparkle in November
RETAIL SALES SPARKLE IN NOVEMBER
U.S. retail sales rose an encouraging 1.3% in November, marking the
third increase in the past four months, according to the Commerce
Department.
RETAIL STOCKS CHEERED BY SALES, SENTIMENT DATA
Retail stocks rise in early activity after data shows U.S. retail
sales rose a better-than-expected 1.3% in November while consumer
sentiment soared in early
December.
HOLIDAY MIRACLE ON MAIN STREET?
Holiday shopping news up to now had us all expecting another grim year
was already in the books. But November's retail-sales data raises the
prospect of a health season for the industry and consumers alike.
CONSUMERS CHEER UP IN EARLY DECEMBER
Consumer sentiment improved markedly in December, according to reports
on the University of Michigan/Reuters index.
STOCKS GAIN AFTER POSITIVE REPORTS ON CONSUMERS
Stocks and the dollar stage rallies, as Friday morning's reports on
the consumer point to an improving economy.
U.S. consumer sentiment rising in December: U. of Mich.bb
U.S. consumer sentiment rising in December: U. of Mich.
12/11/2009 9:57:01 AM EDT
Thursday, December 10, 2009
Markets Thursday, 12/10/2009m
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| Dow : 10405.83 up 68.78 | S & P : 1102.35 up 6.40
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| NASDAQ: 2190.86 up 7.13 | Bond (10Y): 3.50%, 98.94
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MARKETS:
Stocks in broad-based rally
Wall Street advances as improved readings on trade deficit and housing
market reassure investors about the economic recovery. Dollar flip
flops.
Goldman Sachs says its top 30 executives won't get cash bonuses in 2009 - instead they will receive limited stock.
Goldman Sachs says its top 30 executives won't get cash bonuses in
2009 - instead they will receive limited stock.
AOL shares down following spin-off
AOL SHARES DOWN FOLLOWING SPIN-OFF
Shares of the newly-independent AOL Inc. declined modestly in early
trading Thursday, only hours after they'd been spun out to investors
in former parent company Time Warner Inc.
YAHOO 'IDENTIFYING' ENGINEERS GOING TO MICROSOFT
The online giant is in the process of "identifying" the 400 engineers
that will be moved to Microsoft as part of the companies' planned
search and advertising partnership.
GOOGLE BEARS DOWN ON MICROSOFT APPLICATIONS
A Google executive says that the company's Apps software has won over
20 million users across "a few million businesses," as it looks ahead
to an impending revamp of rival technology from Microsoft.
INITIAL JOBLESS CLAIMS RISE 17,000 TO 474,000
The number of people filing claims for state unemployment benefits
rises by 17,000 to a seasonally adjusted 474,000, while the total
number of people claiming benefits of any kind tops 10 million.
Breaking News: President Obama accepts Nobel Peace Prize
President Obama referenced the 'difficult questions' of war and peace
as he accepted the 2009 Nobel Peace Prize in Oslo. The president
included a defense of the Afghanistan war in his speech. He also
outlined his goals for a nuclear weapons-free world that takes on
issues such as climate, disease, and poverty.
Number of people filing first-time unemployment claims rose 17,000 last week to 474,000, U.S. says, a weaker report than expected.
Number of people filing first-time unemployment claims rose 17,000
last week to 474,000, U.S. says, a weaker report than expected.
Wednesday, December 09, 2009
Markets Wednesday, 12/9/2009
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| Dow : 10337.05 up 51.08 | S & P : 1095.95 up 4.01
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| NASDAQ: 2183.73 up 10.74 | Bond (10Y): 3.42%, 99.59
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MARKETS:
Stocks gain as dollar falls
Wall Street rises at the end of a volatile session as a weak greenback
boosts commodity stocks. Surprise rise in wholesale inventories and a
3M upgrade help.
Dow ends up 49 points, Nasdaq climbs 0.5% and the S&P advances 0.3%.
Stocks end higher on renewed weakness in the dollar. Dow ends up 49
points, Nasdaq climbs 0.5% and the S&P advances 0.3%.
Treasury extends TARP
TREASURY EXTENDS TARP
The Obama administration is extending its $700 billion
financial-rescue program until next October, Treasury Secretary
Timothy Geithner says.
SPAIN STOCKS FALL AS S&P CUTS OUTLOOK TO NEGATIVE
Shares in Spain fell sharply on Wednesday after Standard & Poor's
revised down its outlook on the country to negative from stable,
saying it now expects a longer and deeper downturn here, just two days
after warning Greece and Portugal over their own fiscal woes.
A DECADE OF MOSTLY PAIN FOR EUROPE STOCKS
MarketWatch examines the wreckage -- and a few gems -- in European
stocks over the last decade. Techs, financials dragged the market
lower.
DUBAI SLUMPS AGAIN; MOODY'S MAY CUT UAE RATINGS
Uncertainty surrounding Dubai World's debt crisis turned to worries of
a potential default tied to a real-estate unit's bond obligation.
LOSSES FOR GREEK, SPANISH BANKS WEIGH IN EUROPE
A drop for financials pressures European shares, as renewed worries
about debt levels hit Greek and Spanish banks hard.
Energy: Energy stocks slip ahead of inventory report
10:30:00 AM ET
Energy stocks lose ground ahead of the weekly petroleum inventory
update from the U.S. Department of Energy.
Stocks open mixed as investors await the latest move on a health care reform bill and mull Obama's job creation plans.
Stocks open mixed as investors await the latest move on a health care
reform bill and mull Obama's job creation plans.
Geithner tells Congress he will extend TARP bailout through Oct. 3, 2010 - expects banks to repay $175 billion by end of next year.
Geithner tells Congress he will extend TARP bailout through Oct. 3,
2010 - expects banks to repay $175 billion by end of next year.
Tuesday, December 08, 2009
Senate Democrats reach tentative deal health-care bill, reports say
Senate Democrats reach tentative deal health-care bill, reports say
12/8/2009 9:02:46 PM EDT
Dow drops 102 points on disappointing news from McDonald's, Kroger and 3M. Nasdaq dips 16 points, S&P declines 11.
Dow drops 102 points on disappointing news from McDonald's, Kroger and
3M. Nasdaq dips 16 points, S&P declines 11.
Markets Tuesday, 12/8/2009
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| Dow : 10285.97 down 104.14 | S & P : 1091.94 down 11.32 |
| NASDAQ: 2172.99 down 16.62 | Bond (10Y): 3.38%, 99.91
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MARKETS:
Wall Street retreats
Stocks drop as global markets slip, dollar firms up and commodities
slide. Obama unveils new job stimulus effort.
Corporate employers got scarce flu vaccine
When the swine flu vaccine was most scarce, health officials gave
thousands of doses to corporate clinics at Walt Disney World, Toyota
defense contractors, oil companies and cruise lines, according to a
USA TODAY review of vaccine distribution data from three states.
Obama lays out new jobs plan: Small business tax breaks, bridge and road projects, and energy efficiency rebates for consumers.
Obama lays out new jobs plan: Small business tax breaks, bridge and
road projects, and energy efficiency rebates for consumers.
Monday, December 07, 2009
Economy faces 'formidable headwinds.' Expect unemploy...
Bernanke: Economy faces 'formidable headwinds.' Expect unemployment to
decline at a slower-than-desired pace.
