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More Data on Housing, Spending This Week (AP) - Sun, 3 Feb 2008 20:43:02 Etc/GMT
The stock market has been on the upswing, but few investors are relaxing just yet. This week's data on housing, retailers and labor costs will give Wall Street an idea of whether the economy is weakening or inflation is accelerating -- or both.
Financials Cause Slide in S&P 500 Profit (AP) - Sat, 2 Feb 2008 06:30:06 Etc/GMT
It doesn't take highly paid Wall Street analysts to figure out why corporate earnings are trending toward their worst performance in six years.
Motorola Shares Soar on Possible Breakup (AP) - Sat, 2 Feb 2008 06:23:20 Etc/GMT
Motorola Inc.'s investors were placated for at least a day -- and sent its battered stock soaring 10.3 percent Friday -- after the company signaled it may get out of its trademark cell-phone business.
Motorola Shares Soar on Possible Breakup (AP) - Sat, 2 Feb 2008 04:16:51 Etc/GMT
Motorola Inc.'s investors were placated for at least a day -- and sent its battered stock soaring 10.3 percent Friday -- after the company signaled it may get out of its trademark cell-phone business.
Sierra Wireless Shares Rise Sharply (AP) - Sat, 2 Feb 2008 00:04:45 Etc/GMT
Shares of Sierra Wireless Inc. jumped Friday after the modem maker posted earnings and an outlook that had analysts reiterating their bullish forecasts.
Recession? Not Yet (Investor's Business Daily) - Fri, 1 Feb 2008 23:59:58 Etc/GMT
Economy: Recent poor data, including Friday's drop in payroll jobs, have prompted a number of economists to pronounce the U.S. is in a recession....
Anheuser-Busch Shares Up on InBev Report (AP) - Fri, 1 Feb 2008 23:51:11 Etc/GMT
Shares of Anheuser-Busch Cos. rose Friday as continued speculation that the nation's largest brewer may combine with global brewer InBev S.A. eclipsed a somewhat lackluster fourth-quarter earnings report.
Safeco Shares Drop on Higher Auto Claims (AP) - Fri, 1 Feb 2008 23:46:14 Etc/GMT
Investor concerns about accident-prone drivers sent Safeco Corp. shares tumbling Friday. The Seattle property and casualty insurer slipped $2.71, or 5.1 percent, to close at $50.66.
Millipore Shares Fall on Outlook (AP) - Fri, 1 Feb 2008 23:39:40 Etc/GMT
Shares of laboratory supplies company Millipore Corp. fell Friday after the company said it expects 2008 profit below Wall Street expectations.
Movers Roundup: Digital River, Altera (AP) - Fri, 1 Feb 2008 23:19:25 Etc/GMT
Digital River Inc.'s stock sank to a new year low Friday after the e-commerce software company said its fourth-quarter earnings rose, but predicted first-quarter and 2008 results below Wall Street forecasts.
Business Highlights (AP) - Fri, 1 Feb 2008 23:18:55 Etc/GMT
Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.'s dominance of the lucrative online search and advertising markets.
Sector Roundup: Chips, TV Providers (AP) - Fri, 1 Feb 2008 23:18:44 Etc/GMT
Shares of semiconductor makers rose Friday following a report showing global chip sales rose in December despite U.S. economic concerns.
Energy Sector Roundup: Down Goes Oil (AP) - Fri, 1 Feb 2008 23:09:27 Etc/GMT
Following is a summary of top stories in the energy sector Friday afternoon. Oil Drops with Payroll Count Bad economic news reared its head again, and oil prices dropped sharply after the government said employers cut 17,000 jobs in January, the first reduction of that size in over four years.
Stocks Cap Strong Week With Gains (AP) - Fri, 1 Feb 2008 22:47:16 Etc/GMT
Wall Street capped a week of big gains with another sizable advance Friday after investors set aside anxiety over news that the economy lost jobs last month and focused on Microsoft Corp.'s bid for Internet company Yahoo Inc. and a possible rescue plan for the troubled bond insurance sector.
Last Call: Celestica Rises on Outlook (AP) - Fri, 1 Feb 2008 22:34:20 Etc/GMT
Shares of Celestica Inc., a Canadian electronics manufacturing services company, jumped 17 percent Friday after it announced strong first-quarter estimates.
DJIA Leaders & Laggards: C AA INTC MSFT (AP) - Fri, 1 Feb 2008 22:33:28 Etc/GMT
Shares of Citigroup Inc. took the largest gain on the Dow Jones industrial average on Friday, as banks and regulators continued to discuss a bailout for bond insurers.
Sector Wrap: Heart Stent Makers (AP) - Fri, 1 Feb 2008 22:15:23 Etc/GMT
Shares of the major heart device makers rose Friday, led by Medtronic Inc. which received federal approval to sell its drug-coated stent, a major comeback for the previously challenged market.
Sector Glance: Most Handset Stocks Rise (AP) - Fri, 1 Feb 2008 22:13:05 Etc/GMT
Handset maker stocks mostly rose Friday, with Motorola Inc.'s shares rising after the company said it is considering selling or spinning off its struggling cell phone business.
Financials Cause Slide in S&P 500 Profit (AP) - Fri, 1 Feb 2008 22:03:04 Etc/GMT
It doesn't take highly paid Wall Street analysts to figure out why corporate earnings are trending toward their worst performance in six years.
Movers Roundup: Anheuser-Busch, Mentor (AP) - Fri, 1 Feb 2008 21:48:02 Etc/GMT
Shares of Anheuser-Busch Cos. rose Friday as continued speculation that the nation's largest brewer may combine with global brewer InBev S.A. eclipsed a somewhat lackluster fourth-quarter earnings report.
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