Friday, September 22, 2006
Business Briefs: September 22, 2006
Quotes
4:30 pm ET Sep 22, 2006
DJIA
11,508
-25.13
-----------------
S&P
1,314
-3.25
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NASDAQ
2,218
-18.82
-----------------
10Yr
4.60%
-0.051
-----------------
Business Briefs: U.S. stocks lower; slowdown scenario comes into view
Markets
11:41 am ET Sep 22, 2006
DJIA
11,512
-20.57
--------------
S&P
1,313
-4.63
---------------
NASDAQ
2,218
-19.57
---------------
10Yr
4.61%
-0.040
----------------
U.S. stocks lower; slowdown scenario comes into view
9/22/2006 12:00:10 PM
NEW YORK -- U.S. stocks traded lower Friday, as investors reconsidered
a recent rally and pondered the possibility of a sharp economic slowdown
and the impact of a congressional probe into Hewlett-Packard Co.
-----------------------
N.Y. Times sees lower third quarter
CHICAGO -- New York Times Co. said it expects third-quarter earnings to
be less than those of a year earlier amid ongoing weakness in the print
advertising market and due to the impact of staff reduction costs.
-----------------------
Tribune, Chandlers reach agreement
LOS ANGELES -- Tribune Co.'s board has approved restructuring two
partnerships in which the Chandler family has an interest, in a move
that may help the company to settle a dispute with its largest
shareholder and pursue actions to further shareholder value, officials
said Thursday evening.
-------------------------
Generic drug makers, PBMs not seen hurt by Wal-Mart pricing move
SAN FRANCISCO - Wal-Mart Stores Inc.'s unveiling of a $4 price tag on a
collection of generic drugs in its stores in Tampa, Fla. will have
little to no impact on the profits of either generic drug makers or
pharmacy benefits managers, analysts said Thursday, because the drugs on
the list are already being made by multiple manufacturers and are being
sold at a tremendous discount.
Business News:
Date: Fri, 22 Sep 2006 07:03:12 -0400 (EDT)
Business News
BUSINESS BRIEFS -- The Dow average re treated 79.96 to 11,533.23, the
worst decline since Aug. 9. The Standard & Poor's 500 slid 7.15 to
1,318.03. The index earlier rose to 1,328.19, a level not seen since
February 2001.
Thursday, September 21, 2006
Bulletin: Markets nyc
Markets nyc
2:51 pm ET Sep 21, 2006
DJIA
11,532
-81.08
-----------
S&P
1,319
-6.18
------------
NASDAQ
2,237
-14.92
------------
10Yr
4.65%
-0.077
Markets NYC
Market Overview
12:00 am ET Sep 20, 2006
DJIA 11,613 +72.28
S&P 1,325 +6.87
NASDAQ 2,252 +30.52
10Yr 4.73% -0.008
Bulletin: Philly Fed's economic gauge is negative for first time since 2003
9/21/2006 12:02:48 PM ET
Philly Fed's economic gauge is negative for first time since 2003
Bulletin: Wal-Mart to begin offering $4 generic prescriptions in Florida, hopes for nationwide rollout.
Date: Thu, 21 Sep 2006 09:07:55 -0400
Wal-Mart to begin offering $4 generic prescriptions in Florida, hopes
for nationwide rollout.
Wednesday, September 20, 2006
U.S. stocks rally on strong earnings; S&P 500 at 5 1/2-year high
Markets, nyc
11:45 am ET Sep 20, 2006
DJIA 11,612 +71.96
S&P 1,326 +8.18
NASDAQ 2,253 +31.46
10Yr 4.72% -0.018
U.S. stocks rally on strong earnings; S&P 500 at 5 1/2-year high
Last Update: 9/20/2006 12:00:09 PM
NEW YORK -- U.S. stocks rallied Wednesday, with the S&P 500 at a new 5
1/2-year high, after strong results out of Oracle Corp. and Morgan
Stanley boosted investor confidence ahead of the upcoming third-quarter
earnings season.
--------------------
CORRECT: No rate move seen in favor of 'wait and see' approach
WASHINGTON -- The Federal Open Market Committee will hold rates steady
at its policy meeting on Wednesday, taking a "wait-and-see approach"
amid hints that the economy is downshifting and inflation pressures
abating, economists say.
--------------------------
Morgan Stanley profit jumps; revenue back near $8 billion
NEW YORK -- Morgan Stanley reported Wednesday a third-quarter profit
that jumped from year-ago levels, overcoming a difficult summer trading
environment.
---------------------------
Oracle shares surge 13% on solid results, forecast
LOS ANGELES -- Oracle Corp.'s stock surged by as much as 13% to a
five-year high Wednesday after the business-software company reported
stronger-than-expected sales and profit growth.
-----------------------------
The Ratings Game: Analysts eye spinoff of Putnam rather than sale
NEW YORK -- Marsh & McLennan Cos. drew cheers Wednesday from analysts
who have been actively rooting for a spinoff of Putnam Investments after
months of speculation over what's next for the asset-management unit.
Breaking News Wed., September 20, 2006
Date: Wed, 20 Sep 2006
FEDERAL RESERVE DECIDES TO KEEP KEY INTEREST RATE AT 5.25 PERCENT; CITES
SLOWING ECONOMY AND LOW INFLATION RISK
Amaranth Advisors sets deal to 'transfer' energy portfolio to another firm, Reuters reports.
Date: Wed, 20 Sep 2006 12:53:56 -0400
Amaranth Advisors sets deal to 'transfer' energy portfolio to another
firm, Reuters reports.
Bulletin: 泰政变领导人称在两周内任命新总理
Date: 20 Sep 2006 14:07:30 -0000
泰政变领导人称在两周内任命新总理
泰国军事政变领导人周三（9月20日）表示，军方将在两周内任命新总理，然后交出政权。More...go
to
http://www.bloglines.com/blog/johnDispatch
or go to LINKS and click 'John's Journal'
Bulletin:: 泰國發生政變 他信任期或將終結
JtoDate: Wed, 20 Sep 2006 06:35:53 -0400 (EDT)
泰國發生政變 他信任期或將終結
泰國軍方昨晚發動政變並宣稱已奪取政權﹐由此﹐已經歷數月政局動蕩、正等待下次大選的泰國看守總理他信突然間要面對下台的局面了。
Tuesday, September 19, 2006
Business News: U.S. stocks fall after inflation data; oil back above $64
Business News: 11:40 am ET Sep 19, 2006
DJIA 11,511 -43.86
NASDAQ 2,218 -16.86
10Yr 4.75% -0.061
U.S. stocks fall after inflation data; oil back above $64
NEW YORK -- U.S. stocks fell Tuesday as some investors chose to lock in
profits after a strong run-up in the market since the start of
September, with the latest producer-price report merely serving to
confirm consumer price data last week that showed inflation under
control.
-----------------------------
Economic Report: U.S. PPI tame in August; core rate down for second
month
WASHINGTON -- U.S. wholesale prices were remarkably tame in August, and
gives increased comfort to financial markets that the Federal Reserve
could hold rates through the end of the year.
------------------------------
Economic Report: Housing starts fall 6% to 3-year low in August
WASHINGTON -- New construction on U.S. homes was weaker than expected in
August, calling into question the orderly economic slowdown envisioned
by the Federal Reserve.
--------------------------------
Motorola acquiring Symbol Technologies for $15 a share
WASHINGTON -- Motorola Inc. said Tuesday it has agreed to pay $3.9
billion in cash to acquire Symbol Technologies Inc., a developer of
business-oriented wireless products such as handheld barcode scanners.
---------------------------------
Chrysler slashes shipments, market share view
LONDON -- DaimlerChrysler said Tuesday it's planning to ship 135,000
fewer Chrysler vehicles in the second half of the year than it first
planned because of waning consumer interest in its truck and
sport-utility vehicles and in a bid to better align dealer inventories
with customer demands.
Breaking News: Thai state of emergency...
BREAKING NEWS
Sept. 19, 2006
BREAKING NEWS: Thai state of emergency amid coup rumors.
Prime Minister Thaksin Shinawatra declared a state of emergency Tuesday
night from New York as rumors of a military coup swept the capital.
Breaking News 9/19/06
Date: Tue, 19 Sep 2006 11:25:08 -0400
Tanks are rolling through the streets of Bangkok, Thailand, amid rumors
of a coup attempt.
Business News: Yahoo stock tumbles after Reuters reports CFO sees 3rd-quarter results at low end of previous guidance.
Date: Tue, 19 Sep 2006 11:50:55 -0400
Yahoo stock tumbles after Reuters reports CFO sees 3rd-quarter results
at low end of previous guidance.
Monday, September 18, 2006
Business News: After The Bell Report: U.S. stocks end mixed; Nasdaq gains for seventh straight session
9/18/2006 5:00 PM
NEW YORK -- U.S. stocks ended mixed Monday, with the Nasdaq Composite
logging a seventh session of gains, but a rise in oil prices and
cautious trading ahead of a mid-week Federal Reserve meeting on interest
rates limited any significant move to the upside.
-----------------------------
Futures Movers: Oil futures bounce higher as output risks remain
Crude futures closed higher Monday as ongoing risks to global production
and a startup delay of a key oil platform in the Gulf of Mexico prompted
the market to recover part of last week's loss, but prices remained
under $64 a barrel on expectations for lower oil demand and strong
production.
Business News: U.S. stocks on steady ground; focus is on Wednesday's FOMC
Date: Mon, 18 Sep 2006 16:01:04 (GMT)
U.S. stocks on steady ground; focus is on Wednesday's FOMC
NEW YORK -- U.S. stocks held steady Monday morning, enabling the major
averages to hold onto recent gains, as investors looked ahead to the
Federal Open Market Committee's mid-week monetary-policy meeting.
------------------------------
Futures Movers: Oil falls below $63 mark on bets for lower demand,
higher output
SAN FRANCISCO -- Crude-oil futures moved lower Monday morning to fall
under the $63-a-barrel mark, weighed down by market expectations for
lower oil demand and higher production.
__________________
Freescale Semiconductor agrees to $17.6 billion buyout
SAN FRANCISCO -- Freescale Semiconductor Inc., a maker of chips used in
cell phones and cars, said Friday it agreed to be bought by a private
equity consortium for $17.6 billion, the largest-ever buyout of a
technology company.
___________________
Crisis manager, diplomat Rossi to the rescue at Telecom Italia
LONDON -- Telecom Italia has made an emergency call.
--------------------------------
Symbol Technologies nears sale: report
WASHINGTON -- Wireless-equipment firm Symbol Technologies is set to
wrap up an auction that could see the sale of the $3.2 billion firm
within days, The Wall Street Journal reported on Saturday.
Business News: 本周看点
Date: 18 Sep 2006
本周看点
对于美国联邦储备委员会将在周三的会议上做出怎样的决定，市场已成竹在胸。而在未来经济走势以及利率走势问题上，华尔街和Fed似乎还存在一定的意见分歧；又有一家公司董事会将展开决战，前参议员阿丰斯・达马托预计将在周一冠群电脑的年度会议上遭受公司治理方面的责难；本周三，将有一千余人齐聚纽约，参加前总统克林顿创立的旨在解决全球健康、贫困、宗教冲突等问题的“全球行动计划”第二届年会。More...go
to
http://www.bloglines.com/blog/johnDispatch
or go to LINKS and click 'John's Journal'
