Skip to: Content
Skip to: Site Navigation
Skip to: Search

THURSDAY, NOVEMBER 26, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: stocks

stocks stories: 99 news summaries

41 - 60 of 99 Stories | << Prev 1 2 3 4 5 Next >>

Fed Slashes Benchmark Rate

Larger-than-anticipated drop drives stocks up, dollar down

(Newser) - The Federal Reserve aggressively cut its benchmark rate today, dropping the federal funds rate a half-point to 4.75%. The larger-than-expected cut was “intended to help forestall” the ballooning credit crisis, the central bank said in a statement. The cut in the key interest rate, the first in 4... More »

MORE ABOUT:
stock market Federal Reserve stocks benchmarks credit crisis interest rate cut

British Bank Rebounds as Panic Wears Off

Financial stocks see gains on Northern
Rock guarantees

(Newser) - As the lines of people waiting to make withdrawals from Northern Rock bank dwindled today, the British lender’s stock rose, bringing with it other hard-hit British financials. Northern Rock's huge losses in the mortgage market sparked a sell-off, drawing emergency funds from the Bank of England. But the government's... More »

(Newser) - Asian stocks fell yet again today as the subprime mortgage crisis continued to reverberate across global markets. The latest dip came when E*Trade Financial Corp and Bank of America announced the credit crisis was hurting earnings, Bloomberg reports. The biggest fear is that the rising cost of credit will halt... More »

MORE ABOUT:
stock market subprime mortgages stocks Nikkei Asian markets

Bank Meltdown Wallops the British Market

Thousands still lining up outside branches; spiral could hurt PM

(Newser) - Shares of British mortgage lender Northern Rock crashed again today, causing heavy losses in other banks and deflating the FTSE 100 index by more than 100 points by midday. The bank's stock fell 36%, bringing the loss to 78% of its value in the past year. The spreading malaise is... More »

MORE ABOUT:
stocks takeover FTSE 100 Britain Northern Rock

Stocks in Holding Pattern With All Eyes on Fed

Hands wring over Fed and consumers

(Newser) - Stocks marked time today, settling into an eerie calm before next week’s nail-biter Fed decision on interest rates. Investors mulled conflicting consumer data: The University of Michigan/Reuters consumer-sentiment survey announced a rise to 83.8, but August retail growth was less than expected. The confusion amounted to modest gains... More »

MORE ABOUT:
Federal Reserve Dow Jones stocks consumer confidence Nasdaq S&P 500

Market Rallies on Corporate Gains, Labor News

GM, McDonald's bolster stocks

(Newser) - US stocks rallied today, with blue chips and Countrywide Financial at the helm. A General Motors' analyst upgrade and  a higher-than-anticipated dividend at McDonald's helped drive the Dow up 133.23 points, to 13,424.88. Countrywide rose 14% on news that the battered lender has lined up $12 billion... More »

MORE ABOUT:
General Motors labor stocks financial markets Countrywide crude oil job market

Jitters Drive Most Stocks Downward

Bad news from Texas Instruments, high crude prices quash optimism

(Newser) - Stocks fell today, with investors shying away from tech after Texas Instruments slashed its sales forecast. NYSE losers outpaced winners 9 to 7, the Dow dropped 16.74 to 13,291.65, the Nasdaq fell 5.40 to 2,592.07, and the S&P held steady. “We had... More »

Nikkei Falls After Abe
Steps Down

Mining and energy stocks rise but
can't stem tide

(Newser) - A jump in the price of copper boosted mining and energy stocks in Asia, but Japan's Nikkei index fell nonetheless after news hit of PM Shinzo Abe's resignation. Some investors say the change will be good for Japanese markets in the longer term, however. "Abe was an ineffective prime... More »

MORE ABOUT:
Japan Shinzo Abe stocks Nikkei Asian markets

After Wild Day, Stocks Stand Still

Dow is up, Nasdaq and S&P are down, all eyes are on the Fed

(Newser) - Wall Street was volatile today, with the Dow swinging in a 160-point range as investors combed speeches from Federal Reserve members for rate-cut clues. But the index ended up rising only 14.47 points, to 13,127.85, while the S&P and Nasdaq fell 1.85 and 6.59... More »

MORE ABOUT:
stock market Federal Reserve Dow Jones stocks Nasdaq S&P 500

(Newser) - The Dow lost more than 1.5% of its value, or 249.97 points, to close at 13133.38 after a devastating report showed that 4,000 jobs were lost in August, the first increase in unemployment in four years. Wall Street had anticipated job growth, and the numbers prompted... More »

MORE ABOUT:
Dow Jones stocks recession unemployment Nasdaq credit crisis S&P 500 job

Hemlines Drop; Are Stocks Next?

Fashion Week's modest looks may spell trouble for investors

(Newser) - If a popular adage about style and stocks holds up, New York's Fashion Week spells trouble for investors. The spring collections on display in the Bryant Park tents this week presented more modest looks, Reuters reports, with many knee-length or lower dresses and skirts. That may mean rough going if... More »

MORE ABOUT:
fashion stocks clothes credit crisis Tracy Reese Fashion Week Bryant Park

Stocks Rise as Traders Find Signs for Optimism

Spending, productivity outpace estimates

(Newser) - US stocks rose today, Bloomberg reports, boosted by news that back-to-school and luxury shopping outpaced forecasts, along with a spike in worker productivity and a slowdown in labor costs. The Dow climbed 57.88 to 13,363.35. The Nasdaq gained 8.37 to finish at 2,614.32, and... More »

MORE ABOUT:
retail stocks consumer products luxury goods labor costs worker efficiency

Stocks Plummet in Worldwide Selloff

After 3 days of good news, markets fall again

(Newser) - After 3 days of good news, stocks took a plunge today. “There’s a whole litany of negative news,” said one analyst. “Bodies keep washing ashore" from the subprime crisis. The Dow lost 143.39 to close at 13,305.47, with the S&P 500 down... More »

MORE ABOUT:
stock market Federal Reserve Dow Jones stocks Nasdaq S&P 500

Energy, Techs Give Stocks a Jolt

Traders still confident that Bernanke will cut rates; GM leads upward trend

(Newser) - Tech and energy stocks led a rally at the end of today's session on Wall Street, as rumors of an interest-rate cut multiplied and traders examined indications that earnings would outpace prices in the two sectors. GM was up 6.1% as the Dow jumped 91.12 to 13448.86,... More »

MORE ABOUT:
Ben Bernanke stock market General Motors Apple stocks interest rate

Asian Markets Stumble on Political News

Subprime turmoil now
a given; traders await central banks' moves

(Newser) - In the wake of the Japanese agriculture minister's resignation, Asian markets stumbled today ahead of uncertain US economic data. For a change, analysts didn't point to the subprime crisis to account for the Nikkei's 0.5% slide: "After all, investors have got used to news on subprime issues,"... More »

MORE ABOUT:
Japan stocks US economy Nikkei Asian markets

Wall Street Up, Up, and Away for Holiday Weekend

Investors thank Bush, Bernanke for gains

(Newser) - On the eve of the holiday weekend, the major markets jumped today, riding encouraging comments by President Bush and Ben Bernanke to broad advances that pushed their monthly gains above 1%. The Dow, which saw 28 of 30 stocks rise, finished up 119.01 points, closing at 13,357.74.... More »

Euro Stocks, US Futures Rise, Asia Dips

Big exporters still trembling over possible US slowdown

(Newser) - European stocks and US futures advanced overnight, as traders waxed optimistic that the credit crisis won't spread to affect the broader economy. But Asian markets are more concerned about the general prospect of a US slowdown—which could hit Asia's export-heavy economy hard. More »

MORE ABOUT:
stocks global economy US economy Asian markets credit crisis European markets

Stocks Plummet on Rate Worries

Fed minutes fail to confirm future rate cuts

(Newser) - US stocks tumbled for the second day in a row after Fed minutes drained widespread hope of a rate cut next month, exacerbating slumps in consumer confidence and home values. The Dow dropped 185 to close at 13,135.5, the S&P was off 24.6 at 1,442.... More »

MORE ABOUT:
stock market NASDAQ New York Stock Exchange stocks Dow S&P 500

Acer to Buy Gateway for $710M

Stock jumps 50% following announcement

(Newser) - Gateway’s stock jumped 50% today on news that Taiwan’s Acer will buy the former PC giant for $1.90 a share, MarketWatch reports. The acquisition leapfrogs Acer over Lenovo to the No. 3 spot in world computer sales. Meanwhile, Gateway said it will execute its right of first... More »

MORE ABOUT:
stocks acquisition Gateway Acer Lenovo eMachines computer

Online Brokers Play 'Let's Make a Deal'

E*Trade, Ameritrade renew talks
on merger that could jolt industry

(Newser) - Though past merger talks were never consummated, online stockbrokers E*Trade and TD Ameritrade are again in "serious discussions" over a union, the Wall Street Journal reports. A consolidation would create a dominant player in online trading, reducing competition and perhaps ratcheting up costs for consumers. One source estimates the... More »

41 - 60 of 99 Stories | << Prev 1 2 3 4 5 Next >>