Friday, October 05, 2007
U.S. stocks end with solid weekly gains
DJIA
14,066
+91.70
S&P
1,557
+14.75
NASDAQ
2,780
+46.75
10Yr
4.64%
+0.117
U.S. stocks end with solid weekly gains
NEW YORK
U.S. stocks bounced higher Friday, with the S&P reaching an all-time
high and the major indexes scoring solid weekly gains, after the
much-awaited jobs report offered as-expected growth in September and a
surprise upward revision to past counts, calming worries about the
economy.
The Fed: Half-point interest-rate cut may be enough, Fed's Kohn says
WASHINGTON
The Federal Reserve's Sept. 18 interest-rate cut of half a percentage
point may be enough to keep the U.S. economy from sinking as a result of
the financial markets' recent turmoil, Donald Kohn, vice chairman of the
central bank, said Friday.
Microsoft appoints new executive to oversee Zune
SAN FRANCISCO
Microsoft Corp. named a new executive Friday to oversee its Zune media
player, following the release of a new lineup of the devices meant to
compete more effectively against Apple Inc.'s dominant iPod.
The Fed: Further Fed rate cuts not baked in the cake, economists say
WASHINGTON
The strong September jobs report and cautious comments from Federal
Reserve officials have left Fed watchers with the sense that further
interest-rate cuts are not necessarily baked in the cake.
Economic Report: September rebound for U.S. nonfarm payrolls, up
110,000
WASHINGTON
The U.S. unemployment rate rose to 4.7% in September, the Labor
Department reported Friday, but government data showed job growth was
stronger than expected over the past three months, putting further
interest-rate cuts by the Federal Reserve in jeopardy.
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二十個國家的前任首腦致信胡錦濤，要求中國向緬甸軍政府施壓，促成與反對黨的對話。請談談您的看法。
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September rebound for U.S. nonfarm payrolls, up 110,000
DJIA
14,072
+97.88
S&P
1,555
+12.32
NASDAQ
2,771
+38.19
10Yr
4.65%
+0.125
September rebound for U.S. nonfarm payrolls, up 110,000
WASHINGTON
The U.S. unemployment rate rose to 4.7% in September, the Labor
Department reported Friday, but government data showed job growth was
stronger than expected over the past three months, putting further
interest-rate cuts by the Federal Reserve in jeopardy.
U.S. stocks score opening gains after jobs report
NEW YORK
U.S. stocks marched higher Friday after the much-awaited employment
report offered as-expected growth in September and a surprise upward
revision to the prior month's count, calming worries about the economy.
Merrill Lynch to write down nearly $5.5 billion against results
NEW YORK
Merrill Lynch & Co. became the latest casualty of the credit crisis on
Friday warning that it will write down nearly $5.5 billion when it
announces third-quarter financial results.
Barclays admits defeat in battle for ABN Amro
LONDON
The biggest banking deal in history was all but wrapped up Friday when
Barclays withdrew its offer for ABN Amro, leaving Royal Bank of Scotland
and its partners to claim victory with a $101 billion bid.
Breaking News: September jobs report comes in strong, 110,000 added
WASHINGTON (Reuters) - Businesses added a solid 110,000 jobs in
September and hiring in each of the two previous months was revised up
significantly, the Labor Department said Friday, showing a more
resilient labor market than previously thought.
Merrill Lynch warns of $5 billion writedown tied to the subprime mortgage crisis.
Merrill Lynch warns of $5 billion writedown tied to the subprime
mortgage crisis.
Thursday, October 04, 2007
U.S. stocks finish with small gains before employment data
DJIA
13,974
+6.26
S&P
1,542
+3.25
NASDAQ
2,733
+4.14
10Yr
4.52%
-0.020
U.S. stocks finish with small gains before employment data
NEW YORK
U.S. stocks on Thursday finished with modest gains after lingering on
either side of unchanged for much of the day, with investors reluctant
to make big moves ahead of Friday's employment report, which could
determine whether the Federal Reserve again cuts interest rates at the
end of October.
Economic Outlook: Private-sector payrolls is the number to watch
WASHINGTON
Job growth will probably look much better in the September data than it
did in August, but economists don't think the improvement will say much
one way or the other about how the economy is doing.
Research in Motion earnings double in second quarter
SAN FRANCISCO
Research in Motion doubled its bottom line in its second fiscal quarter
thanks to strong sales of its BlackBerry line of smart phones.
Commercial paper rises for first time since credit crunch
WASHINGTON
The level of outstanding commercial paper -- top-rated short-term debts
issued by corporations -- increased on a seasonally adjusted basis for
the first time in eight weeks in the week ending Wednesday, the Federal
Reserve said Thursday.
Number of minority home buyers down in 2006
CHICAGO
The total number of minority home buyers who took out a mortgage dropped
7.1% in 2006, led by a 21.5% decrease in the number of Asian-American
buyers. But the number of African-American home buyers actually rose
slightly last year, reflecting a 0.6% increase over 2005, according to a
study released on Thursday.
Wall Street up again after factory, jobless claims data
DJIA
13,966
-1.62
S&P
1,541
+1.57
NASDAQ
2,731
+1.90
10Yr
4.54%
-0.002
Wall Street up again after factory, jobless claims data
NEW YORK
U.S. stocks on Thursday resumed an initial climb after detouring lower
in the face of a larger-than-anticipated drop in factory orders and a
modest rise in jobless claims, all ahead of Friday's employment report,
viewed as key in Federal Reserve interest-rate moves ahead.
Economic Report: U.S. Aug. factory orders see biggest drop since Jan.
WASHINGTON
New orders for U.S.-made factory goods dropped 3.3% in August, led by a
decline in demand for transportation equipment, the Commerce Department
reported Thursday.
Economic Report: U.S. jobless claims rebound in latest week
WASHINGTON
First-time filings for state unemployment benefits rebounded in the
latest week after tumbling to their lowest level since mid-May a week
ago, the Labor Department reported Thursday.
'Halo 3' sales top $300 million mark in first week
SAN FRANCISCO
The "Halo 3" juggernaut continues, as Microsoft said Thursday morning
that the popular action game has racked up sales of more than $300
million globally in its first week on the market.
Study finds drug-coated stents safe for high-risk patients
BOSTON
A study published Wednesday in a leading medical journal has found that
the use of drug-coated rather than bare-metal stents resulted in the
need for fewer repeat procedures and did not significantly raise the
risk of heart attack in certain high-risk patients.
Wednesday, October 03, 2007
Stocks end lower as focus shifts to Friday's jobs report
DJIA
13,968
-79.26
S&P
1,539
-7.04
NASDAQ
2,729
-17.68
10Yr
4.54%
+0.014
Stocks end lower as focus shifts to Friday's jobs report
NEW YORK
U.S. stocks fell Wednesday amid losses in technology, including chip
maker and Dow component Intel Corp., with many investors opting to
remain sidelined ahead of Friday's jobs report, viewed as crucial in
whether the Federal Reserve cuts interest rates again at the end of the
month.
Report of hedge fund outflows in July was wrong, firms say
SAN FRANCISCO
A report on big outflows and redemptions from hedge funds in July was
wrong, according to TrimTabs Investment Research and the Barclay Group,
the two firms that compiled the estimate.
Are we there yet? Nearly 30% of flights are late
SAN FRANCISCO
Flight schedules for airlines were a mess in August, with more than one
in four passengers reaching their destinations late.
Stocks lower with eyes on Friday's jobs report
DJIA
14,020
-27.15
S&P
1,543
-3.12
NASDAQ
2,744
-3.05
10Yr
4.57%
+0.036
Stocks lower with eyes on Friday's jobs report
NEW YORK
U.S. stocks fell Wednesday, with losses in the technology sector
including chip maker and Dow component Intel Corp. weighing on the
market, with many participants preferring to remain sidelined ahead of
Friday's jobs report.
Economic Report: U.S. hiring weak again in September, ADP says
WASHINGTON
The housing and credit slumps are holding back job growth in the U.S.
private sector, according to the ADP employment report released
Wednesday.
Economic Report: ISM nonmanufacturing index falls to lowest level since
March
WASHINGTON
The nonmanufacturing side of the U.S. economy expanded in September at
the slowest pace since March, according to the Institute for Supply
Management.
Deutsche Bank sees profit growth despite $3.1 bln charge
LONDON
Echoing large international rivals, Deutsche Bank said Wednesday it will
take billions of dollars of charges due to the ongoing disruption in the
credit markets, but said other strongly performing units would pick up
the slack and the firm would still report a profit for the third
quarter.
MarketWatch poll: Majority worried about Oct. stock market crash
LONDON
A narrow majority of MarketWatch readers who responded to an online poll
this week said they are either "very" worried or "somewhat" worried
about a market crash this month.
Tuesday, October 02, 2007
Markets Tuesday, 10/2/2007
| Dow : 14047.31 down 40.24
| S & P : 1546.63 down 0.41
| NASDAQ: 2747.11 up 6.12
| Bond (10Y): 4.52%, 101.75
MARKETS:
Mixed up day for stocks
Weak housing, auto sales readings dampen investor enthusiasm, a day
after Dow closed at record high.
U.S. stocks decline after tentative start and home sales data
DJIA
14,059
-28.37
S&P
1,544
-2.79
NASDAQ
2,740
-0.80
10Yr
4.52%
-0.035
U.S. stocks decline after tentative start and home sales data
NEW YORK
U.S. stocks tilted lower Tuesday, retracing a portion of the prior day's
record-setting gains as fresh economic data cast the troubled housing
market in a dismal, but anticipated, light.
Economic Report: Pending home sales fall 6.5% in August, Realtors
report
WASHINGTON
Flattened by the mortgage crunch, a forward-looking gauge of home sales
fell further in August to its lowest level in more than six years, a
real estate trade group said Tuesday.
Pending home sales fall to record low in August, Realtors say.
Pending home sales fall to record low in August, Realtors say.
Monday, October 01, 2007
U.S. stocks kick off quarter bullishly, push Dow to record high
DJIA
14,087
+191.92
S&P
1,547
+20.29
NASDAQ
2,740
+39.49
10Yr
4.56%
-0.022
U.S. stocks kick off quarter bullishly, push Dow to record high
NEW YORK
Stocks rallied at the outset of the fourth quarter on Monday, pushing
the Dow to record heights as traders tried to put this summer's credit
crisis behind after a hefty profit-warning from Citigroup Inc. See full
story.
Palm swings to quarterly loss, issues weak forecast
SAN FRANCISCO
Palm Inc. swung to a loss during its first fiscal quarter and issued a
disappointing forecast for the current period as sales of the company's
line of smart phones fail to keep pace with rival devices.
Citigroup says quarterly profit to drop 60%, but shares gain
NEW YORK
Citigroup Inc. said Monday it expects third-quarter profit to fall 60%
from last year after huge write-downs for unsold debt it issued to
finance corporate takeovers and for big losses on the value of subprime
mortgage-backed securities.
UBS pegs hit from subprime at $3.4 billion; 1,500 jobs to go
LONDON
UBS will take a net third-quarter write-down of around 4 billion Swiss
francs ($3.4 billion) tied to its subprime mortgage exposure and plans
sweeping management changes and job cuts in its investment-banking
division, the Swiss banking giant said Monday.
Emerging Markets Report: Putin says he may become Russia's prime
minister
NEW YORK
Russian President Vladimir Putin said Monday that he might assume the
role of prime minister, signaling his intention to retain significant
political power after his presidential term expires next March.
The Dow industrials jump 200 points, hitting another all-time high, on the hope of another rate cut.
The Dow industrials jump 200 points, hitting another all-time high, on
the hope of another rate cut.
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物權法有何深遠意義？
備受關注的中國物權法終於開始正式實施了。它與普通人的生活"息息相關"究竟體現在哪些方面？
More...go to
http://www.bloglines.com/blog/johnDispatch
U.S. stocks kick off quarter by pushing Dow past 14,000
DJIA
14,016
+121.36
S&P
1,539
+13.11
NASDAQ
2,723
+22.33
10Yr
4.55%
-0.032
U.S. stocks kick off quarter by pushing Dow past 14,000
NEW YORK
U.S. stocks on Monday traded higher, with cheer over Wall Street's
third-quarter performance dampened only slightly by bearish news
including a steep drop in profit forecast by blue chip Citigroup, the
nation's largest financial services firm.
Citigroup says quarterly profit to drop 60%, but shares gain
NEW YORK
Citigroup Inc said Monday it expects third-quarter profit to fall 60%
from last year after huge write-downs for unsold debt it issued to
finance corporate takeovers and for big losses on the value of subprime
mortgage-backed securities.
UBS pegs hit from subprime at $3.4 billion; 1,500 jobs to go
LONDON
UBS will take a net third-quarter write-down of around 4 billion Swiss
francs ($3.4 billion) tied to its subprime mortgage exposure and plans
sweeping management changes and job cuts in its investment-banking
division, the Swiss banking giant said Monday.
Walgreens profit hit by generics, expenses; shares slump
NEW YORK
Walgreens on Monday posted a nearly 4% decline in quarterly profit, hurt
by lower generic drug reimbursements and higher salary and store
expenses.
Pearson's FT.com to make more content available for free
LONDON
FT.com, the Web site of Britain's Financial Times newspaper, intends to
increase the amount of free content available on its site in an effort
to boost its Web presence.
ISM manufacturing index a little weaker than expected in September, Dow Jones reports.
ISM manufacturing index a little weaker than expected in September, Dow
Jones reports.
