Saturday, November 08, 2008
Energy: OPEC says more cuts could be on the way
OPEC president Chakib Khelil reportedly says further cuts in oil
output from the OPEC nations could be on the way if attempts last
month to reduce production fail to halt the current plunge in crude
prices.
Friday, November 07, 2008
Energy: Stocks in focus for Monday
Among the companies whose shares are expected to see active trade in
Monday's session are American International Group Inc., Starbucks
Corp., and Tyson Foods Inc.
Markets Friday, 11/7/2008
|---------------------------------------------------------------------------|
| Dow : 8943.81 up 248.02 | S & P : 930.99 up 26.11 |
| NASDAQ: 1647.40 up 38.70 | Bond (10Y): 3.78%, 101.75
MARKETS:
Stocks rally despite bad news
Wall Street manages gains after two-session retreat despite GM and
Ford losses and a brutal labor market report.
Obama's associations say a lot to Wall Street
Obama's associations say a lot to Wall Street
President-elect Barack Obama hasn't picked a Treasury secretary,
endorsed or panned the efforts of the current administration, or
spelled out what he would do differently.
REALTORS LOBBY FOR HOUSING STIMULUS, CLAIM NO TIME TO WASTE
The projected 9.3% national decline in home prices this year would be
the sharpest drop since the National Association of Realtors started
keeping records in 1968, the group's chief economist said Friday.
MARKET SNAPSHOT: U.S. STOCKS END SHARPLY HIGHER TO PARE WEEKLY DECLINE
U.S. stocks climb as bargain hunters step in after two days of losses,
helping foster hope that global intervention will help an economy that
shed nearly a quarter million jobs in October.
GM SHARES HIT HARD AS DWINDLING CASH SPOOKS INVESTORS
General Motors Corp. shares drop 12% after the Detroit giant reports a
third-quarter loss of $2.5 billion and warns its assembly lines could grind to
a halt next year barring strong improvements in the company's cash pile.
ECONOMIC REPORT: UNEMPLOYMENT RATE LEAPS TO 14-YEAR HIGH OF 6.5%
The U.S. unemployment rate jumped to a 14-year high of 6.5% in October as
nearly a quarter million jobs were lost, the Labor Department reports.
Breaking News: Obama Holds First News Conference as President-Elect
Obama Holds First News Conference as President-Elect; Says He Will
Take Financial Crisis 'Head On,' Act Swiftly After Taking Office [2:59
p.m. ET]
The Dow jumps 258 points despite a devastating jobs report and news that GM is running out of cash.
The Dow jumps 258 points despite a devastating jobs report and news
that GM is running out of cash.
President-elect Obama says U.S. is 'facing the greatest economic challenge of our lifetimes' – will confront crisis 'head on.'
President-elect Obama says U.S. is 'facing the greatest economic
challenge of our lifetimes' – will confront crisis 'head on.'
Energy: AES shares jump on rising profit
Shares of AES jump more than 14% after the power company posts sharply
higher third-quarter profit, fueled by higher prices and increased
demand.
Energy: Oil stocks gains help fuel broad market rebound
Oil and gas stocks, pounded in the previous session, caught a big lift
Friday from bargain hunters swooping back into the sector and a modest
uptick in oil prices.
U.S. stocks advance after two days of heavy losses
U.S. stocks advance after two days of heavy losses
ECONOMIC REPORT: UNEMPLOYMENT RATE LEAPS TO 14-YEAR HIGH OF 6.5%
The U.S. unemployment rate jumped to a 14-year high of 6.5% in October
as nearly a quarter million jobs were lost, the Labor Department
reports.
FORD SETS MORE COST CUTS AS IT NARROWS THIRD-QUARTER LOSS
Ford Motor Co. on Friday said it narrowed its third-quarter loss,
boosted by a one-time gain of more than $2 billion, but announced more
wrenching cost and job cuts in the face of plunging sales.
OBAMA WILL MAKE ECONOMIC MARK BEFORE INAUGURATION
Democratic lawmakers called Thursday for a new stimulus package worth
up to $100 billion while President-elect Barack Obama scheduled a
meeting with his new economic transition team to begin addressing the
nation's economic troubles well before his Jan. 20 inauguration.
DISNEY PROFIT DECLINES 13%
Walt Disney Co. says its quarterly profit fell 13% due to a $91 million
bad-debt charge on a payment it was due from Lehman Brothers and the
combination of higher expenses and less successful films at its studio
entertainment division.
Energy: Shares rise on job increase, U.S. stocks
Canadian stocks rose Friday after the government reported an
unexpected jobs increase and as U.S. markets moved higher for the
first session in three.
GM says it has plans to cut more jobs and slash costs. Seeks to boost capital by $5 billion by the end of 2009.
GM says it has plans to cut more jobs and slash costs. Seeks to boost
capital by $5 billion by the end of 2009.
Energy: Calpine operating earnings up, though net income down
Calpine Corp. says that its third-quarter operating earnings swung to
a gain, though net income was down due to reorganization benefits
realized a year ago.
Energy: Edison International's quarterly profit falls
Energy-holding company Edison International says that its
third-quarter net income fell 4.8%, and tempered its full-year
forecast.
Breaking News Fri., November 7, 2008
GM Reports $2.5B Loss in 3rd Quarter, Burns Through $6.9B Cash
Reserves to Stay Afloat [11:28 a.m. ET]
October's mounting job losses bring year-to-date total to 1.2 million - most since 2001. 6.5% unemployment rate worst since 1994.
October's mounting job losses bring year-to-date total to 1.2 million
- most since 2001. 6.5% unemployment rate worst since 1994.
Energy: Oil trades above $60 a barrel after bleak jobs data
Oil futures traded little changed above $60 a barrel Friday after
tumbling to a 19-month low in the previous session and as the U.S.
government reported job losses climbed more than forecast in October.
Stocks jump at the open despite a grim jobs number and massive losses at Ford.
Stocks jump at the open despite a grim jobs number and massive losses at Ford.
Breaking News: Unemployment jumps to 6.5%; job loss worse than expected
The nation's unemployment rate jumped to a 14-year high 6.5% in
October as business payrolls dropped 240,000 jobs.
Thursday, November 06, 2008
Energy: Stocks in focus for Friday
Among the companies whose shares are expected to see active trade in
Friday's session are General Motors Corp., Ford Motor Co., and Sprint
Nextel Corp.
Markets Thursday, 11/6/2008
| Dow : 8695.79 down 443.48 | S & P : 904.88 down 47.89 |
| NASDAQ: 1608.70 down 72.94 | Bond (10Y): 3.70%, 102.47
MARKETS:
Stocks suffer for 2nd day
Dow sheds 443 points, bringing its two-day decline to 929 points, as
recession fears accelerate.
It may take months before recession gets official status
It may take months before recession gets official status
All but the most wildly optimistic believe the U.S. is in recession,
but it may take months before it's official as the nation's recession
watch-dog tries to figure out when it started.
SOURED CONSUMER CONFIDENCE HAUNTS RETAILERS
Record-low consumer confidence haunted retailers' sales in October, as
most turn in another ugly month, signaling a dreary outlook ahead for
the crucial holiday season.
DEMOCRATS STILL HAVE SHOT AT FILIBUSTER-PROOF SENATE
Thanks to a late Democratic victory in Oregon, the party still has a
shot at a filibuster-proof Senate but it may take several weeks to
sort out due to tight races in Alaska, Minnesota and Georgia.
Dow slides more than 400 points; U.S. stock indexes finish down 4% to 5%
Dow slides more than 400 points; U.S. stock indexes finish down 4% to 5%.
11/6/2008 4:02:30 PM EDT
Energy: IEA predicts surge in oil prices to $100 a barrel
The International Energy Agency says that import prices for crude oil
will likely average $100 a barrel in the period between 2008 and 2015,
and will rise to more than $120 in 2030.
Dow tumbles 400 points with three hours remaining in the trading day as investors focus on gloomy economy.
Dow tumbles 400 points with three hours remaining in the trading day
as investors focus on gloomy economy.
Wall Street extends its losses as the Dow falls more than 300 points at midday.
Wall Street extends its losses as the Dow falls more than 300 points at midday.
U.S. stocks sharply lower amid generally bleak data
U.S. stocks sharply lower amid generally bleak data
U.S. stocks fell for a second day, pushing the Dow Jones Industrial
Average under 9,000 for the first time in a week, as mostly bleak
retail sales and a lowered outlook from Cisco Systems Inc. underscored
the troubled economy.
ECONOMIC REPORT: CONTINUING JOBLESS CLAIMS HIT 25-YEAR HIGH
The number of U.S. residents collecting state unemployment benefits
reached the highest level in 25 years, rising by 122,000 to a
seasonally adjusted 3.84 million in the week ending Oct. 25, the Labor
Department reports.
SOURED CONSUMER CONFIDENCE HAUNTS RETAILERS
Record-low consumer confidence haunted retailers' sales in October, as
most turn in another ugly month, signaling a dreary outlook ahead for
the crucial holiday season.
CISCO SALES JUMP 8%, BUT PROFIT FLAT
Shares of Cisco fell in premarket trades Thursday, a day after the
company reported flat net income and warned of slowing sales.
BOE DELIVERS UNPRECEDENTED RATE CUT; ECB DISAPPOINTS
Europe's major central banks slashed key interest rates Thursday in
the face of a potentially deep and lengthy economic downturn, with the
Bank of England leading the charge by dropping its key rate to a level
unseen since the mid-1950s.
Stocks fall at the open following more bad news on jobs, grim retail sales and a sharp rate cut in Europe.
Stocks fall at the open following more bad news on jobs, grim retail
sales and a sharp rate cut in Europe.
Energy: Oil futures extend decline as global stocks fall
Oil futures extended their decline Thursday, as concerns escalated
about the impact of a global economic recession on oil demand and as
stock markets worldwide posted steep losses.
481,000 people applied for first-time unemployment benefits last week - more than expected, the government said.
481,000 people applied for first-time unemployment benefits last week
- more than expected, the government said.
European Central Bank cuts key lending rate half a percentage point to 3.25%, AP reports.
European Central Bank cuts key lending rate half a percentage point to
3.25%, AP reports.
Wal-Mart posts a 2.4% rise in October same-store sales, topping its own forecast range.
Wal-Mart posts a 2.4% rise in October same-store sales, topping its
own forecast range.
Bank of England cuts key lending rate by 1.5 percentage points to 3%, AP reports.
Bank of England cuts key lending rate by 1.5 percentage points to 3%,
AP reports.
Wednesday, November 05, 2008
Shanghai stocks fall to lowest level since September 2006
Shanghai stocks fall to lowest level since September 2006
Energy: Stocks in focus for Thursday
Energy: Stocks in focus for Thursday
Among the companies whose shares are expected to see active trade in
Thursday's session are Walt Disney Co., Fluor Corp., and Nvidia Corp.
Markets Wednesday, 11/5/2008
| Dow : 9139.27 down 486.01 | S & P : 952.77 down 52.98 |
| NASDAQ: 1681.64 down 98.48 | Bond (10Y): 3.70%, 102.38
MARKETS:
Dow sheds 486 points
Post-election worries about the weak economy are front and center.
U.S. stocks end sharply down as economy overshadows election
U.S. stocks end sharply down as economy overshadows election
U.S. stocks give back the largest Election Day gains in more than two
decades, as investors looked beyond President-elect Barack Obama's
historic win to the
dismal state of the economy.
CISCO REPORTS 8% JUMP IN SALES, FLAT QUARTERLY PROFIT
Cisco Systems Inc. reports an 8% jump in fiscal first-quarter sales,
but its net income is flat.
WORLD AWAITS OBAMA'S RESPONSE TO ECONOMIC CRISIS
Victory may be sweet, but a potentially deep U.S. recession and a
global financial crisis will give Democrat Barack Obama little time to
bask in the after glow of his historic win in the U.S. presidential
election, economists say.
BOND INSURERS AMBAC, MBIA REPORT WIDER QUARTERLY LOSSES
Ambac Financial and MBIA Inc. lose at least a fifth of their market
value after reporting bigger-than-expected quarterly losses from
exposures to complex credit derivatives linked to the sagging housing
market.
Cisco's net income comes in flat, below estimates; sales are up 8% to $10.3 billion
$10.3 billion
11/5/2008 4:13:36 PM EDT
Dow closes down 496 points in accelerated late-day selloff after two dismal jobs reports stoke fears about the economy.
Dow closes down 496 points in accelerated late-day selloff after two dismal jobs reports stoke fears about the economy.
Crude oil lost $5.23 to close at $65.30 as the Dow lost 300 points and grim economic news crimped energy demand outlook.
Crude oil lost $5.23 to close at $65.30 as the Dow lost 300 points
and grim economic news crimped energy demand outlook.
World awaits Obama's response to economic crisis
World awaits Obama's response to economic crisis
Victory may be sweet, but a potentially deep U.S. recession and a
global financial crisis will give Democrat Barack Obama little time to
bask in the after glow of his historic win in the U.S. presidential
election, economists said Wednesday.
DEMOCRATS PAD CONGRESSIONAL MAJORITIES ON ELECTION DAY
Democrats scored victories in five important Senate races Tuesday,
adding to their majority in the chamber on the same night that Sen.
Barack Obama became the first African-American to win the U.S.
presidency.
FUTURES MOVERS: OIL FALLS FOLLOWING ELECTION OUTCOME, MIXED U.S. SUPPLY DATA
Crude-oil futures fell early Wednesday, giving up some ground after
soaring more than 10% in the previous session, as traders awaited the
latest data on U.S. petroleum supplies due later today.
CURRENCIES: DOLLAR MIXED, YEN MOSTLY HIGHER AS EUROPEAN BANKS DISAPPOINT
Disappointing earnings outlooks from European banks Wednesday
overshadowed the impact of Democrat Barack Obama's historic U.S.
presidential victory, trimming
risk appetite and lifting the Japanese yen and the U.S. dollar to modest gains.
OBAMA COMPLETES HISTORIC JOURNEY TO PRESIDENCY
Promising change in a climate of unprecedented voter discontent, Sen.
Barack Obama rode massive voter turnout to a sweeping victory in
Tuesday's presidential contest over Sen. John McCain, becoming the
first African-American elected as the nation's chief executive.
Stocks sink at the open as the troubled economy comes into focus the moring after an historic election.
Stocks sink at the open as the troubled economy comes into focus the
moring after an historic election.
Energy: XTO profit rises 26% on higher production
XTO Energy on Wednesday said third-quarter net income rose by 26%
thanks to higher production, revenue and cash flow at the domestic
natural gas giant, which said it expects to grow its 2009 cash flow by
at least 25%.
Energy: Transocean's net income rises 13%, beating target
Transocean posts a better-than-expected third-quarter profit on
Wednesday, as the offshore specialist manages to increase day rates on
its drilling fleet.
Energy: Currency losses to dent SunPower's profit
SunPower Corp. on Wednesday warned that earnings growth in the fourth
quarter and 2009 will be hurt by currency problems, as the solar panel
operator struggles with a stronger dollar against the euro.
U.S. stocks down in morning trades; Dow industrials fall as much as 202 points
11/5/2008 9:58:25 AM EDT
Payroll services firm ADP says jobs fell 157,000 in October...
Payroll services firm ADP says jobs fell 157,000 in October - with
more than 75% of drop coming from goods producers.
Energy: Shares in Europe end best winning run of 2008 as Obama wins
Europe Markets - Shares in Europe end best winning run of 2008 as Obama wins
European shares ended their best winning streak of the year on
Wednesday, as investors paused for breath after Barack Obama swept to
victory in the U.S. presidential election.
Google pulls out of search pact with Yahoo
11/5/2008 10:10:34 AM EDT
Tuesday, November 04, 2008
Breaking News
John McCain congratulates Barack Obama on his "historic" election as
president of "the greatest nation on Earth."
Breaking News Tue., November 4, 2008
Barack Obama Will Be Next President of the United States.
Breaking News: Obama poised to win presidential election
Democrat Barack Obama is edging ever closer to winning the 2008
presidential election, winning the vital battleground states of Ohio,
Pennsylvania and Virginia while severely damaging the hopes of
Republican John McCain.
Obama wins Virginia: networks
11/4/2008 10:50:01 PM EDT
Breaking News: Obama wins Ohio
Democrat Barack Obama has won the battleground state of Ohio, the
Associated Press is projecting, giving him another key prize of the
presidential election so far and strongly dimming Republican John
McCain's chances of victory.
Breaking News Tue., November 4, 2008
EXIT POLLS: ECONOMY MOST IMPORTANT ISSUE FOR VOTERS [5:53 p.m. ET]
FINE WORK FOR THE BETTER FUTURE OF AMERICA
Obama's supporters in Chinatown, NYC USA
WHAT A HISTORIC DAY!!!
Markets Tuesday, 11/4/2008
| Dow : 9625.28 up 305.45 | S & P : 1005.75 up 39.45 |
| NASDAQ: 1780.12 up 53.79 | Bond (10Y): 3.72%, 102.19
-----------------------------------------------------------------------------
MARKETS:
Wall Street's Election Day rally
Stocks sizzle as millions of Americans head to the polls. Lending
rates ease. Oil prices spike.
OBAMA'S Supporters in Chinatown
U.S. stocks finish solidly higher after Election Day rally
U.S. stocks finish solidly higher after Election Day rally
U.S. stocks rally as millions of Americans cast ballots to determine whether
Republican John McCain or Democrat Barack Obama wins the presidency,
with polls favoring the latter to replace George W. Bush in the White
House.
AMERICANS GO TO POLLS FOR HISTORIC PRESIDENTIAL VOTE
Millions of Americans are casting votes for the next president of the United
States, with Democratic candidate Barack Obama leading Republican rival John
McCain in every poll.
DEMOCRATS ANTICIPATING BIG WINS ON CAPITOL HILL
U.S. voters are choosing lawmakers in elections across the country in addition
to a new president, with Democrats appearing poised to pick up several new
seats in both houses of Congress on this historic Election Day.
YAHOO HAS LITTLE REMAINING UPSIDE IN GOOGLE DEAL, ANALYSTS SAY
A revised search deal with Google is likely to limit the upside for Yahoo and
could push the troubled Web portal back to considering a merger with Microsoft,
analysts say.
OBAMA'S supporters are working hard for Chinatown
OBAMA'S supporters are working hard for Chinatown
OBAMA'S supporters are working hard for Chinatown
OBAMA's Supporters are working hard for Chinatown
Rally on Wall Street intensifies, with Dow crossing 300 point threshold for second time in the session.
Rally on Wall Street intensifies, with Dow crossing 300 point
threshold for second time in the session.
Energy: Emerging markets assets gain as risk appetite returns
Emerging Markets Report - Emerging markets assets gain as risk appetite returns
A rebound in risk appetite Tuesday prompted investors to buy stocks,
bonds and currencies in emerging markets, which have been pummeled
recently by the global financial crisis.
U.S. stocks surge in Election Day rally
U.S. stocks surge in Election Day rally
U.S. stocks rally as millions of Americans cast ballots for the next
president,with investors cheered by the coming clarity of the election
pitting Republican John McCain against Democrat Barack Obama.
U.S. VOTERS LINE UP AT POLLS WITH SURVEYS FAVORING OBAMA
Millions of Americans are casting votes Tuesday morning for the next
president of the United States, with Democrat Barack Obama leading
rival John McCain in every poll.
CURRENCIES: DOLLAR FALLS SHARPLY VS. RIVALS AS RISK APPETITE RETURNS
The dollar and the yen lose ground against most major currencies
Tuesday, slipping as equity markets rise on a further rise in risk
appetite, strategists said.
AUSTRALIA SLASHES CASH RATE TO 5.25%
The Reserve Bank of Australia cut its cash rate by a
larger-than-expected three-quarters of a percentage point Tuesday,
citing the effects of the global slowdown, falling commodity prices
and a likely downturn in domestic spending.
ECB, BANK OF ENGLAND NEXT TO JOIN RATE-CUT PARTY
The Bank of England and the European Central Bank each are expected to
cut rates by a half-point on Thursday -- and possibly more.
Presidential vote begins as polls open in Dixville Notch, N.H.
Presidential vote begins as polls open in Dixville Notch, N.H.
11/4/2008 12:50:21 AM EDT
Dow industrials up 180 points as Election Day opens with gains for U.S. stocks
11/4/2008 9:32:33 AM EDT
Energy: Archer Daniels, Emerson, UBS, Toyota in the spotlight
Before the Bell - Archer Daniels, Emerson, UBS, Toyota in the spotlight
U.S. stock futures pointed higher Tuesday as voters headed to the
polls to choose a new president and as some analysts say much of the
bad news around the economy and earnings is priced into stocks.
Stocks surge at the open as credit thaws further and voters nationwide begin casting their votes in the presidential election.
Stocks surge at the open as credit thaws further and voters
nationwide begin casting their votes in the presidential election.
Energy: Crude-oil futures gain in early trade as dollar falls
Futures Movers - Crude-oil futures gain in early trade as dollar falls
Oil futures trade higher, rebounding after falling nearly 6% in the
previous session, as the U.S. dollar falls against rivals and
Americans head to the polls to elect their next president.
Monday, November 03, 2008
Australia cuts key interest rate 0.75 point to 5.25%
Australia cuts key interest rate 0.75 point to 5.25%
11/3/2008 10:37:38 PM EDT
Breaking News Mon., November 3, 2008
Barack Obama's Grandmother Passes Away [4:35 p.m. ET]
Energy: Stocks in focus for Tuesday
Stocks to Watch - Stocks in focus for Tuesday
Among the companies whose shares are expected to see active trade in
Tuesday's session are Archer Daniels Midland Co., Tenet Healthcare
Corp., and Teradata Corp.
Markets Monday, 11/3/2008
| Dow : 9319.83 down 5.18 | S & P : 966.30 down 2.45 |
| NASDAQ: 1726.33 up 5.38 | Bond (10Y): 3.91%, 100.69
MARKETS:
Stocks struggle ahead of election
Wall Street seesaws after last week's advance as investors consider
weak economic reports and look to Election Day.
Auto industry sees darkest days in 25 years; GM hit hardest
Ford posts a 30% drop in U.S. sales for October, blaming "an economic
gauntlet the likes of which haven't been seen in more than two
decades."
ECONOMIC REPORT: BANKS TIGHTEN CREDIT FURTHER, FED SAYS
As fears about the economy grew, banks doing business in the United
States have made it much tougher over the past three months for their
customers to borrow money, the Federal Reserve reports.
CIRCUIT CITY TO SHUT 155 STORES TO PRESERVE CASH AND STAY AFLOAT
Suffering from declining sales, traffic and cash, the electronics
retailer says it's shutting 155 U.S. underperforming stores in a
last-ditch efforts to stay afloat before what some analysts predict
may be an unavoidable bankruptcy.
APPLE CUTTING BACK IPHONE PRODUCTION, ANALYST SAYS
Apple Inc. may be drastically scaling back production of its popular
iPhone for the crucial fourth-quarter shopping season as the economy
slips further into a recession, according to a brokerage report.
Fwd: GM sales fall 45% in October; Ford sales off 30%; Toyota sales down 23%
GM sales fall 45% in October; Ford sales off 30%; Chrysler U.S. sales down 35% ; Toyota sales down 23%
U.S. government to borrow $550 billion over 3 months to support economic rescue plans.
Date: Mon, Nov 3, 2008 at 12:04 PM
U.S. government to borrow $550 billion over 3 months to support economic rescue plans.
Oil settles down $3.90 at $63.91 a barrel.
Oil settles down $3.90 at $63.91 a barrel.
General Motors reports 45% drop in October auto sales.
General Motors reports 45% drop in October auto sales.
U.S. stocks pull mildly higher in light volume
U.S. stocks pull mildly higher in light volume
U.S. stocks climb after vacillating in early trading as investors
digest data showing a decline in U.S. manufacturing activity during
October.
ECONOMIC REPORT: FACTORY OUTPUT WEAKEST IN 26 YEARS, ISM SURVEY SAYS
The nation's manufacturing firms reported the worst level of output in
26 years, further evidence that the economy is headed for a sharp
downturn, according to a closely followed survey of top executives.
TOP EUROPE BANKS OUTLINE WOES THAT LED TO FUNDING REQUESTS
Several top European banks on Monday detailed the strains from the
credit crisis, with Britain's Lloyds TSB and HBOS, France's Societe
Generale and Germany's Commerzbank each outlining the woes that led
them to take government cash.
CITI SAY CREDIT CARD LOSSES MAY HIT RECORD LEVELS IN 2009
Citigroup says it lost $1.4 billion in the third quarter from credit card
securitizations and that it expects such losses will continue, possibly
reaching record levels in 2009.
TALKS BETWEEN CHRYSLER AND RENAULT-NISSAN HALTED, REPORT SAYS
Talks between the Renault-Nissan alliance and Chrysler LLC owner
Cerberus Capital Management LP have halted, said the Detroit News
Saturday.
Energy: Oil and other energy futures fall in early trade
Crude-oil futures trade lower early Monday after gaining nearly 6%
last week, as traders continue to worry about the impact of a global
economic slowdown on energy demand.
Goldman cuts Halliburton, upgrades Schlumberger
Goldman cuts Halliburton, upgrades Schlumberger
Goldman Sachs shuffles its bets in the face of a deeper-than-expected
slowdown in the oil services arena by upgrading sector leader
Schlumberger and cutting its ratings on Halliburton.
Manufacturing activity contracted sharply in October...
Manufacturing activity contracted sharply in October, according to
latest survey of supply managers.
U.S. stock indexes rise in early trades Monday; Nasdaq sets pace
U.S. stock indexes rise in early trades Monday; Nasdaq sets pace
11/3/2008 9:53:34 AM EDT
Sunday, November 02, 2008
Hang Seng rebounds, rises 4.9% in early trading
Hang Seng rebounds, rises 4.9% in early trading
11/2/2008 9:15:20 PM EDT
