Olympic gold medal winner Marion Jones pleads guilty to lying to investigators about steroid use.
Date: Fri, 5 Oct 2007 17:10:10 -0400
Olympic gold medal winner Marion Jones pleads guilty to lying to
investigators about steroid use.
BFSA - Blog for Sino-American 中 美 网 >> http://sinoam.blogspot.com
Date: Fri, 5 Oct 2007 17:10:10 -0400
Olympic gold medal winner Marion Jones pleads guilty to lying to
investigators about steroid use.
Friday, 10/5/2007
| Dow : 14066.01 up 91.70
| S & P : 1557.59 up 14.75
| NASDAQ: 2780.32 up 46.75
| Bond (10Y): 4.64%, 100.84
MARKETS:
Record-breaking day on Wall Street
After jobs report, S&P 500 closes at all-time high; Dow hits all-time
high during the session, but closes short of its record; Nasdaq hits
6-1/2 year high; bonds slump.
11:50 am ET Oct 5, 2007
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.
Date: Fri, 05 Oct 2007
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.
Date: Fri, 5 Oct 2007
Merrill Lynch warns of $5 billion writedown tied to the subprime
mortgage crisis.
Date: Fri, 5 Oct 2007
BREAKING NEWS
Topps Meat Closing...
Topps Meat says it is closing its business, six days after it was forced
to issue the second-largest beef recall in U.S. history.
Date: Thu, 4 Oct 2007
Reacting to a judge's decision that he cannot withdraw his guilty plea
in an airport sex sting, Idaho Sen. Larry Craig issues a statement
saying, "I will continue to serve Idaho in the United States Senate."
When the charges first surfaced, Craig said he would resign by Sept.
30.
Thursday, 10/4/2007
| Dow : 13974.31 up 6.26
| S & P : 1542.84 up 3.25
| NASDAQ: 2733.57 up 4.14
| Bond (10Y): 4.51%, 101.84
MARKETS:
Stocks inch up ahead of jobs report
But gains are limited after drop in factory orders, rise in weekly
jobless claims; oil prices jump.
11:51 am ET Oct 4, 2007
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, 10/3/2007
| Dow : 13968.05 down 79.26
| S & P : 1539.59 down 7.04
| NASDAQ: 2729.43 down 17.68
| Bond (10Y): 4.56%, 101.47
MARKETS:
Wall Street's weak Wednesday
Investors step back from the recent advance, mull private employment and
services sector reports ahead of Friday's jobs report.
Date: 3 Oct 2007 17:19:38 -0000
11:46 am ET Oct 3, 2007
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, 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.
11:46 am ET Oct 2, 2007
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.
Date: Tue, 02 Oct 2007 10:31:39 -0500
NEW YORK (AP) - A jury ruled Tuesday that New York Knicks coach Isiah
Thomas
sexually harassed a top team executive, subjecting the married mother of
three
to unwanted advances and a barrage of verbal insults.
Date: Tue, 2 Oct 2007
Pending home sales fall to record low in August, Realtors say.
|Monday, 10/1/2007
| Dow : 14087.55 up 191.92
| S & P : 1547.04 up 20.29
| NASDAQ: 2740.99 up 39.49
| Bond (10Y): 4.54%, 101.56
MARKETS:
Dow in record run
Wall Street starts off fourth-quarter with a bang, sending the blue-chip
leader to all-time closing and intraday highs.
Date: Mon, 1 Oct 2007
The Dow industrials jump 200 points, hitting another all-time high, on
the hope of another rate cut.
11:46 am ET Oct 1, 2007
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.
Date: Mon, 1 Oct 2007 10:02:16 -0400
ISM manufacturing index a little weaker than expected in September, Dow
Jones reports.
Date: Mon, 1 Oct 2007
In a wide-ranging interview, Supreme Court Justice Clarence Thomas
discusses his public and private life and says the real issue at his
confirmation hearings was abortion.