Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
Global stock markets stage rally (AFP) »
would remain near zero for some time, analysts said.
after the US central bank said it expected to hold “exceptionally low” rates “for an extended period” in order to nurse a still-fragile recovery.
Investor sentiment was also lifted after the Fed gave a rosier economic outlook and kept its key rate unchanged in a range [...]
How the major stock indexes fared on Friday (AP) »
’s plans to restrict big banks and earnings reports that just weren’t good enough. The
had its fourth big drop in five trading days Friday. Over the past three days, the Dow lost 552 points, or 5.2 percent, and over the past five days, it fell 537 points, after gaining 115 points on Tuesday. It [...]
How the major stock indexes fared on Thursday (AP) »
. Obama said Thursday he would ask Congress for limits on how big banks can become and to end some of the risky trades financial companies use to supercharge their earnings. Big bank stocks skidded and investors worried the plan would destabilize
’s 10-month rally.
fell 213.27, or 2 percent, to 10,389.88.
& Poor’s 500 [...]
Stock buybacks could be back in vogue in 2010 (Reuters) »
NEW YORK (Reuters) –
Share buybacks by U.S. corporations could be back in style this year as an improving economy makes companies more willing to loosen their purse strings to fund transactions that could reward investors with a higher share price.
prompted companies to hold on to cash.
But the loosening of credit and heightened optimism [...]
How the major stock indexes fared on Friday (AP) »
. and a disappointing consumer sentiment reading sent investors rushing from stocks. Financial stocks led the market lower Friday, pulling major stock indexes down about 1 percent from 15-month highs.
The Dow fell 100.90, or 0.9 percent, to 10,609.65.
The Standard & Poor’s 500 index fell 12.43, or 1.1 percent, to 1,136.03.
fell 28.75, or [...]
Stock futures slip on Alcoa results, Chevron warning »
Stock futures slip on Alcoa results, Chevron warning
NEW YORK (Reuters) – Stock index futures dropped on Tuesday on a subpar start to earnings season following Alcoa Inc’s worse-than-expected results and Chevron Corp’s warning that its income would be “sharply lower.”
Alcoa recorded a narrower quarterly loss late Monday, but Wall Street’s forecast was for [...]
How the major stock indexes fared on Monday (AP) »
. After the
,
posted revenue that topped expectations, but profits excluding one-time costs fell short of forecasts. The report from the nation’s largest aluminum producer gave traders one of the first looks at how companies fared in the final quarter of 2009.
rose 45.80, or 0.4 percent, to 10,663.99.
& Poor’s 500 index rose [...]
Stock futures higher after China exports rise (AP) »
are rising, pointing to a higher opening Monday, following strong gains in overseas markets.
Stocks are getting a lift globally after a new report showed Chinese exports jumped by nearly 18 percent in December. The bigger-than-expected increase follows 13 straight months of declines. The increase in exports has added confidence to investors who believe a [...]
How the major stock indexes fared on Friday (AP) »
from having a strong start to the new year. Stocks zigzagged for much of Friday but closed higher as investors took in stride the Labor Department’s news that employers cut 85,000 jobs in December, far more than the 8,000 analysts expected. The disappointing numbers were offset by a pleasant surprise: November’s report was revised to [...]
Stock futures up after China import data; eyes on Alcoa »
NEW YORK (Reuters) – U.S. stock index futures rose on Monday after China’s strong import figures stoked optimism about world economic recovery as investors awaited earnings from Alcoa Inc, which traditionally marks the kickoff of the U.S. quarterly earnings season.
China ended 2009 with record monthly imports of crude oil and soybeans and a strong [...]