Friday, March 09, 2007

U.S. stocks close higher after jobs report

4:30 pm ET Mar 9, 2007

DJIA

12,276

+15.62

S&P

1,402

+0.96

NASDAQ

2,387

-0.18

10Yr

4.59%

+0.080

U.S. stocks close higher after jobs report

NEW YORK
U.S. stocks rose Friday, posting gains for a volatile trading week after
a report of limited jobs growth in February helped ease concerns about a
slowdown in the economy but raised fears that inflation might prevent
the Federal Reserve from cutting interest rates as early as expected.

Kmart introduces bevy of new beverages

NEW YORK
Kmart will roll out 32 new products to line of private label beverages,
the discount retailer said Friday.

Economic Report: U.S. Feb. payrolls up 97,000; jobless rate falls to
4.5%

WASHINGTON
Hit by wintry weather in February, the U.S. economy created the fewest
jobs in two years, even as the unemployment rate fell to 4.5%, the Labor
Department reported Friday.

In 網上互動: 如��看各國華人參��出現的新局面��

Date: 9 Mar 2007 17:56:59 -0000

如何看各國華人參政出現的新局面?


香港移民盧曼華女士當選北愛議員,成為英國首位華人議員。您認為華人參政呈現新局面的主要原因是什么呢?More...go
to

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U.S. stocks lose steam as rate cut hopes fade

11:41 am ET Mar 9, 2007

DJIA

12,293

+32.61

S&P

1,405

+3.62

NASDAQ

2,393

+5.56

10Yr

4.59%

+0.078

U.S. stocks lose steam as rate cut hopes fade


NEW YORK
U.S. stocks remained higher but were well off earlier highs on Friday,
as news of rising wages in an otherwise in-line February jobs report
dashed hopes that the Federal Reserve might cut interest rates as early
as hoped to help stave off an economic slowdown.

Economic Report: U.S. Feb. payrolls up 97,000; jobless rate falls to
4.5%

WASHINGTON
Hit by wintry weather in February, the U.S. economy created the fewest
jobs in two years, even as the unemployment rate fell to 4.5%, the Labor
Department reported Friday.

IPO Report: Xinhua IPO launches after rough seas

NEW YORK
Xinhua Financial Media priced its initial public offering in the middle
of its range for its stock market debut Friday as the Chinese news
service managed to move ahead despite last week's big sell-off.

New Century stops accepting loan applications

SAN FRANCISCO
New Century Financial Corp. said late Thursday that it has stopped
accepting loan applications because some of the subprime-mortgage
specialist's financial backers are refusing to provide access to
financing.

Minorities paying more for home loans: study

WASHINGTON
African-American and Latino borrowers are paying more than whites for
home loans in six areas around the country, a study released Thursday
showed.

Thursday, March 08, 2007

Insiders held stocks as market slumped in late February

4:30 pm ET Mar 8, 2007

DJIA

12,260

+68.25

S&P

1,401

+9.92

NASDAQ

2,387

+13.09

10Yr

4.51%

+0.012

Insiders held stocks as market slumped in late February

SAN FRANCISCO
When many investors were rushing to sell during last week's slump,
people with the possibly the best insight into the health of the stock
market weren't panicking, according to data compiled by TrimTabs
Investment Research.

CHICAGO
U.S. retailers ranging from Wal-Mart to Banana Republic said frigid
temperatures and record snowfalls curbed sales last month but promised
that March's warmer weather would put a spring back into them.

U.S. stocks surge; all Dow components post gains

11:41 am ET Mar 8, 2007

DJIA

12,289

+97.49

S&P

1,407

+15.10

NASDAQ

2,399

+25.28

10Yr

4.53%

+0.031

U.S. stocks surge; all Dow components post gains

NEW YORK
U.S. stocks rallied at midday Thursday, as some investors expressed hope
that strong overnight gains in Asian equities markets point to an end to
the weakness that rattled global stock exchanges last week.


Paulson: China should open banks to foreign control

WASHINGTON
China should open its financial sector to foreign competition, including
allowing foreign ownership of its banks, U.S. Treasury Secretary Henry
Paulson said Thursday in a speech in China.

Wednesday, March 07, 2007

U.S. stocks close lower after Tuesday's rally

4:30 pm ET Mar 7, 2007

DJIA

12,192

-15.14

S&P

1,391

-3.44

NASDAQ

2,374

-10.50

10Yr

4.50%

-0.031

U.S. stocks close lower after Tuesday's rally

NEW YORK
U.S. stocks finished a lackluster session lower on Wednesday, as
investors consolidated the previous session's gains and still struggled
to make sense of the sharp pull-back in global markets seen last week.

After Hours: Men's Wearhouse shares rise; Coldwater Creek loses ground

SAN FRANCISCO
Shares of clothing retailers Men's Wearhouse Inc. and Coldwater Creek
Inc. were in the spotlight during Wednesday's evening trading session,
as shares of Men's Wearhouse rose after a forecast of
higher-than-expected earnings and Coldwater Creek Inc. fell following
its results.

Futures Movers: Crude prices end near 1-week high; U.S. oil, product
supply falls

SAN FRANCISCO
Crude-oil futures gained nearly 2% Wednesday to close at their highest
level in almost a week as U.S. inventories data showed that supplies of
crude declined unexpectedly, for the first time since early February,
and distillate and gasoline inventories continued their descent to stand
below their year-ago levels.

Economic Report: Economy growing, but some slowing seen

WASHINGTON
The U.S. economy is growing at a modest pace, but some slowing has been
seen in about a third of the country, the Federal Reserve reported
Wednesday in its Beige Book.

Emerging Markets Report: Lukoil tops UBS Russian Top 5 portfolio

NEW YORK
Oil and natural-gas giant Lukoil heads the UBS Russian Top 5 portfolio
launched today as the investment bank highlights its favorite five
investment ideas for the Russian market.

Breaking News: Credit Card Hearings

Mar. 7, 2007

Credit Card Hearings:
The average American family has eight credit cards -- pieces of plastic
that have become essential to the American economy. The companies that
provide those credit cards are hugely profitable, and today, lawmakers
are accusing them of unfair charges that are pushing their customers
into debt.

Crude futures rallies to $62 as U.S. oil, product supplies fall

11:40 am ET Mar 7, 2007

DJIA

12,195

-11.62

S&P

1,392

-3.22

NASDAQ

2,373

-11.27

10Yr

4.52%

-0.004

Crude futures rallies to $62 as U.S. oil, product supplies fall

SAN FRANCISCO
Crude-oil futures climbed Wednesday to touch a high of $62 a barrel
after U.S. data showed that supplies of crude declined for the first
time in three weeks and distillate and gasoline inventories have been
falling for several weeks.

Market Snapshot: U.S. stocks drop after big rally as yen rises

NEW YORK
U.S. stocks were lower on Wednesday, as investors assessed the previous
session's rally in light of a rising Japanese yen, which revived some of
the concerns that have shaken global markets over the past week.

Oil prices rally after surprising crude inventory drop.

Date: Wed, 7 Mar 2007 10:30:56 -0500

Oil prices rally after surprising crude inventory drop.

Tuesday, March 06, 2007

Home builder stocks face a wild ride ahead of key selling season

4:30 pm ET Mar 6, 2007

DJIA

12,207

+157.18

S&P

1,395

+21.29

NASDAQ

2,385

+44.46

10Yr

4.53%

+0.010


Home builder stocks face a wild ride ahead of key selling season

BOSTON Shares of home builders could see plenty of volatility ahead as
nervous investors try to get a handle on whether the key selling season
shakes out as a bust or the first step to a meaningful recovery in the
housing market.

Emerging Markets Report: Political uncertainty clouds view for Thai
investors

NEW YORK
Thailand named an economist to be the new finance minister on Tuesday,
just as it said that economic growth slowed down in the fourth quarter
of 2006, pressured by increasing political uncertainty and declining
business confidence.

U.S. stocks rally amid global recovery

11:40 am ET Mar 6, 2007

DJIA

12,135

+84.92

S&P

1,388

+14.44

NASDAQ

2,371

+31.16

10Yr

4.52%

+0.002

U.S. stocks rally amid global recovery

NEW YORK
U.S. stocks rose sharply on Tuesday, lifting the Dow Jones Industrial
Average by over 100 points earlier, as investors extended a recovery in
Asian markets and the dollar overnight, spurring hopes that markets can
regain a portion of the massive losses suffered over the past week.

Citigroup would get majority stake in Japan brokerage under deal

HONG KONG
In what would rank as the largest acquisition of a Japanese brokerage by
a foreign company, Citigroup Inc. wants to buy a majority stake in
troubled Nikko Cordial, the financial giant said Tuesday.

Currencies: Yen sharply lower as equities recover; dollar off vs. euro

NEW YORK
The yen fell for the first time in four sessions Tuesday, as global
stock markets regained ground after the five-day turmoil.

Economic Report: Labor costs rose a revised 6.6% for fourth quarter

WASHINGTON
The U.S. economy appears less productive and more inflation-prone than
suspected.

Breaking News: Libby found guilty of obstruction of justice, perjury

Date: Tue, 06 Mar 2007 11:16:58 -0600
Breaking News

Former White House aide Lewis "Scooter" Libby was convicted Tuesday of
obstruction, perjury and lying to the FBI an investigation into the leak
of a CIA operative's identity.

Gang peacemaker's death imperils truce in Boston

NEWS

Tests reveal blood clot in Cheney's leg
---------------------------------------------
Doctors discovered a blood clot in Vice President Dick Cheney's left
leg
Monday, a condition that could be fatal if left untreated.

NASA astronaut Lisa Nowak may have stumbled across steamy e-mails sent
by rival
---------------------------------------------
NASA astronaut Lisa Nowak's bizarre 900-mile road trip to confront a
romantic
rival may have been sparked when she uncovered steamy e-mails sent to
her
boyfriend by the other woman, documents released Monday showed.

9 U.S. Soldiers killed in Iraq bombing
---------------------------------------------
Nine U.S. soldiers died in two separate incidents north of Baghdad, the
military said Tuesday.

Monday, March 05, 2007

Global markets tumble anew as yen extends rally

4:30 pm ET Mar 5, 2007

DJIA

12,050

-63.69

S&P

1,374

-13.05

NASDAQ

2,340

-27.32

10Yr

4.52%

+0.003


Global markets tumble anew as yen extends rally

NEW YORK
Global markets tumbled anew Monday on concerns about the unwinding of
the yen carry trade as the Japanese currency extended its rally against
major rivals, sending Asian stock markets down sharply.

Emerging Markets Report: Russia leads emerging markets decline

NEW YORK
Russian stocks fell sharply once again on Monday, weighed down by
declines in commodities and Asian stocks, with most emerging markets --
including the other BRIC heavyweights India, China and Brazil --
remaining under heavy selling pressure.

The Ratings Game: New Century said to be facing bankruptcy, possible
liquidation

NEW YORK
Several analysts agreed Monday that New Century Financial Corp., one of
the nation's largest subprime mortgage lenders, likely faces liquidation
or bankruptcy following revelations that it's under criminal
investigation and in violation of debt covenants with several lenders.

In 港台消息: 如��看中國對台灣��立的底線?

如何看中國對台灣獨立的底線?


鑒于台灣總統的最新言論及其引起的反響,考慮到台灣實際上處于政治經濟的獨立狀態,您如何看中國對台灣獨立的底線?More...go
to

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or go to LINKS and click 'John's Journal'

In 網上互動: 對��大政協兩會有��期待?

對人大政協兩會有何期待?


中國周末開始人大政協會議,民生法制將是重點議題,對此您有何看法?More...go
to

http://www.bloglines.com/blog/johnDispatch

or go to LINKS and click 'John's Journal'

U.S. stocks attempt rebound

11:41 am ET Mar 5, 2007

DJIA

12,145

+31.08

S&P

1,385

-1.39

NASDAQ

2,364

-3.76

10Yr

4.51%

-0.004

U.S. stocks attempt rebound

NEW YORK

U.S. stocks attempted a fragile rebound in volatile trade on Monday,
with investors putting money again in the battered technology sector,
even as the broad market remained under pressure amid fresh jitters in
global markets overnight and concerns in the distressed subprime
mortgage market.

No. 2 chipmaker AMD says won't meet quarterly revenue goal

NEW YORK
Advanced Micro Devices Inc. took another hit Monday in its ongoing
battle with Intel Corp., warning that it's unlikely to meet its revenue
outlook for the first quarter.

Global markets tumble anew as yen extends rally

NEW YORK
Global markets tumbled anew Monday on concerns about the unwinding of
the yen carry trade as the Japanese currency extended its rally against
major rivals, sending Asian stock markets down sharply.

The Ratings Game: New Century said to be facing bankruptcy, possible
liquidation

NEW YORK
Several analysts agreed Monday that New Century Financial Corp., one of
the nation's largest subprime mortgage lenders, likely faces liquidation
or bankruptcy following revelations that it's under criminal
investigation and in violation of debt covenants with several lenders.

Homeowners stuck as lenders cinch standards

NEWS

NATO airstrike in Afghanistan kills 9
---------------------------------------------
A NATO airstrike hit a house during a firefight between Western troops
and
militants, killing nine Afghans who lived there, Afghan officials said
Monday.

U.N. nuclear watchdog meeting to focus on problems with Iran, progress
on
N.Korea
---------------------------------------------
Key members of the U.N. atomic watchdog agency gathered Monday for a
session
on approving the suspension of dozens of technical aid programs to Iran
as
part of Security Council sanctions meant to punish Tehran for its
nuclear
defiance.

26 killed in Baghdad suicide bombing
---------------------------------------------
A suicide car bomber struck a busy commercial district Monday, killing
at
least 26 people and injuring more than 50, police said


MONEY

Homeowners stuck as lenders cinch standards
---------------------------------------------
Edward Booker is one of nearly 3 million homeowners with
adjustable-rate
mortgages who've had trouble paying their bills. And, like Booker, many
of
them won't be able to refinance their loans once the interest rates
start
rising. At that point, they'll have to tighten their belts, sell their
homes
or lose them through foreclosure.

HD Radio gets big boost from Wal-Mart
---------------------------------------------
Radio stations eager to promote their growing array of free digital
broadcasts
get a potent new ally Monday as Wal-Mart (WMT) starts selling receivers
for
the technology known as HD Radio.

Restaurants tighten credit card security
---------------------------------------------
Restaurant chains under mounting pressure are serving up new ways to
shield
customers from credit card fraud.