Consumer confidence slips in September
Date: Tuesday, September 29, 2009
Consumer confidence slips in September
The U.S. consumer confidence index falls in September as Americans
grew more concerned about the economy, their job prospects and their
incomes, the Conference Board reports.
TUESDAY'S BIGGEST GAINING AND DECLINING STOCKS
Among the companies whose shares are seeing active trade in Tuesday's
session are CIT, Gannett, Walgreen and Sequenom.
FINANCIALS HELP EUROPEAN SHARES TO GAIN GROUND
European shares advanced on Tuesday, with gains for financials such as
French-headquartered lender BNP Paribas helping stocks build on sharp
gains recorded in the previous session.
WALGREEN BEATS EXPECTATIONS; SHARES SURGE
Drugstore chain Walgreen's fiscal fourth-quarter profit falls 1.6% as
demand for prescription drugs fails to offset consumers' decisions to
cut purchases of non-pharmacy items.
HOME PRICES RISE FOR 3RD MONTH IN ROW, S&P SAYS
The market value of U.S. homes in 20 major cities rises by 1.6% in July
compared with June, the third monthly increase in a row, according to the
Case-Shiller home price index.
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