Regulators seize Ill.-based Citizens National Bank; 36th failure of '09
Date: Fri, 22 May 2009 20:00:34 -0400
Regulators seize Ill.-based Citizens National Bank; 36th failure of '09
5/22/2009 7:58:35 PM EDT
BFSA - Blog for Sino-American 中 美 网 >> http://sinoam.blogspot.com
Date: Fri, 22 May 2009 20:00:34 -0400
Regulators seize Ill.-based Citizens National Bank; 36th failure of '09
5/22/2009 7:58:35 PM EDT
Date: 22 MAY 2009 13:58:29 GMT
Average U.S. gasoline prices at the pump continue their traditional
summer rise by moving up to $2.39 a gallon, but further increases
remain uncertain in the face of the recession, as the summer driving
season gears up this Memorial Day weekend.
Date: Fri, 22 May 2009 09:33:06 -0400
Stocks open higher as investors' fears about the economic recovery
cool. Dow rises 35 points, S&P and Nasdaq up slightly.
Date: Thu, 21 May 2009 18:35:27 -0400
Treasury injects $7.5 billion more in GMAC; government may end up with
majority stake
5/21/2009 6:33:25 PM EDT
Date: Thu, 21 May 2009 16:13:52 -0400
Dow industrials close down 130 points; dollar falls to lowest level of the year
5/21/2009 4:04:30 PM EDT
Date: Thu, 21 May 2009 14:55:08 -0400
Stock selloff accelerates: Dow drops 200 points. S&P, Nasdaq down 3%
after ratings agency downgrades U.K. outlook to 'negative.'
Date: Thu, 21 May 2009 14:46:05 -0400
Oil retreats from Wednesday's 6-month high, settling down 99 cents at
$61.05 a barrel, as stocks also drop.
Date: Thu, 21 May 2009 08:32:04 -0400
Number of people filing first-time unemployment claims fell 12,000
last week to 631,000, U.S. says. Continuing claims: 6.6 million.
Date: Thu, 21 May 2009 09:33:07 -0400
Stocks slump - Dow sinks 100 points - amid ongoing jitters about the
pace of an economic recovery following a dismal jobs report.
Date: Thu, 21 May 2009 10:14:08 -0400
U.S. leading economic indicators rise in April -- first upbeat reading
in seven months
5/21/2009 10:04:17 AM EDT
Date: 20 MAY 2009 21:03:39 GMT
A Republican amendment that would have scrapped proposed
energy-efficiency codes for buildings fails during a House Energy
Committee work session, as members continue to draft a huge bill to
slash global warming and boost renewable energy.
Date: Wed, 20 May 2009 16:01:08 -0400
Stocks close lower after the Fed darkens its economic forecast. Dow
drops 55 points. S&P, Nasdaq also slip slightly.
Date: Wed, 20 May 2009 14:59:14 -0400
Oil settles above $60 a barrel for the first time since Nov. 10,
closing at $62.04 a barrel.
Date: Wed, 20 May 2009 14:26:07 -0400
Congress, over banking industry objections, OKs far-reaching measure
to crack down on credit card issuers. Obama to sign bill soon.
Date: Wed, 20 May 2009 09:47:15 -0700 (PDT)
Senate Overwhelmingly Blocks Funding for Closing Gitmo, Keeping
Detainees out of the U.S. [12:21 p.m. ET]
Date: Wed, 20 May 2009 14:08:05 -0400
Fed releases new forecast on economy, reducing growth targets and
raising unemployment expectations.
Date: 20 MAY 2009 13:05:50 GMT
NEW YOR
Gold futures rose Wednesday to above $930 an ounce, as the U.S. dollar
dropped against the euro for a third straight session amid a cautious
tone in financial markets, increasing gold's investment appeal.
Date: Wed, 20 May 2009 09:34:47 -0400
Geithner says financial system is healing, with $123.7 bln in bailout
funds yet available
5/20/2009 9:32:52 AM EDT
Date: Wed, 20 May 2009 10:07:32 -0400
Dow industrials up 100-plus points; GM and B. of A. are top gainers
5/20/2009 10:05:30 AM EDT
Date: Tue, 19 May 2009 13:36:22 -0700 (PDT)
Hewlett-Packard reports 17% drop in quarterly profit; shares fall in
late trading
5/19/2009 4:15:00 PM EDT
Date: Tue, 19 May 2009 16:02:09 -0400
Stocks step back after Monday's rally. Dow finishes down 30 points,
Nasdaq and S&P end essentially flat.
Date: Tue, May 19, 2009 at 3:10 PM
Major producing nations are ramping up output even as demand sinks and
stockpiles cling to multiple-year highs, raising questions about
whether prices can keep climbing past the key $60 mark.
Senate overwhelmingly OKs bill to curb credit card fees; measure
Date: Tue, 19 May 2009 12:01:21 -0400
Housing starts hit record low in April
HOUSING WON'T LEAD THE RECOVERY
Led by a huge drop in apartments and condo construction, U.S. housing
starts cratered again in April, falling 13% to the lowest level in the
post-war era, depressing the bulls and emboldening the bears. But
housing won't lead us out of the recession.
HOME DEPOT PROFIT RISES A BETTER-THAN-EXPECTED 44%
Home Depot's first-quarter profit rises 44%, excluding store-closing
costs, and the Atlanta home-improvement chain sticks to its outlook
for the year.
SAKS SWINGS TO A LOSS AS LUXURY DEMAND FALTERS
Saks Inc. swings to a smaller-than-expected first-quarter loss Tuesday
after the luxury retailer controlled expenses and inventory amid
faltering demand for upscale goods.
MARKS & SPENCER SHARES DROP AS DIVIDEND IS SLASHED
Shares in Marks & Spencer drop more than 7% as bellwether U.K.
retailer reports net income fell 38% and slashes dividend by a third.
Date: 19 MAY 2009 14:16:55 GMT
NEW YORK
Shares of oil and natural gas companies dipped Tuesday as oil prices
held close to $60 a barrel as Wall Street weighed the benefits of
reduced costs for oil drilling against carbon emission caps and auto
gas mileage standards.
Date: 19 MAY 2009 15:42:00 GMT
President Barack Obama will speed up tougher fuel-economy rules for
cars sold in the U.S., a move the White House says will save billions
of barrels of oil and dramatically slash greenhouse gas emissions.
Date: Tue, 19 May 2009 08:34:07 -0400
Housing starts and building permits tumble after being expected to
rise, signaling continuing struggles in housing market.
Date: Tue, 19 May 2009 06:23:00 -0700 (PDT)
Space Shuttle Atlantis Releases Hubble Telescope After Extensive
Repairs [8:58 a.m. ET]
Date: Tue, 19 May 2009 09:32:14 -0400
Stocks open lower after a government report signals further distress
in the housing market.
Date: Tue, 19 May 2009 09:32:14 -0400
Stocks open lower after a government report signals further distress
in the housing market.
Date: Mon, 18 May 2009 16:01:10 -0400
Stocks surge to the finish, as Dow ends up 241 points. S&P, Nasdaq finish up 3%.
Date: Mon, 18 May 2009 14:47:13 -0400
Stock rally continues as Dow climbs up more than 200 points and S&P
pulls above 900.
Date: Mon, 18 May 2009 13:05:32 -0400
BULLETIN: Residential builders' sentiment gauge at highest level since
Lehman collapse
5/18/2009 1:02:49 PM EDT
Date: Mon, 18 May 2009 13:03:07 -0400
Home prices at most affordable level in at least 18 years;
homebuilders' confidence rises for 2nd month in a row - industry
group.
Date: Mon, 18 May 2009 09:30:20 -0700 (PDT)
A 12th New York City School Closes Because of Swine Flu Fears [12:13 p.m. ET]
Date: Mon, 18 May 2009 08:41:51 -0700 (PDT)
91-Year-Old Sen. Robert Byrd, D-W.Va, Hospitalized With 'Spike in
Temperature' Says His Office
Date: Mon, 18 May 2009 12:01:27 -0400
Stock market looks to housing for direction
U.S. stock investors zero in on the housing market to gauge economic
growth, with better-than-anticipated earnings from Lowe's helping
boost sentiment.
MONDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks making notable moves in Monday's U.S. stock session include
AIG, Bank of America, STMicroelectronics, MGM Mirage and Lennar.
STATE STREET TO OFFER STOCK; BOOKS $3.7 BLN LOSS
State Street launches a $1.5 billion sale of common stock to help pay
back funds received under the government's Troubled Asset Relief
Program.
COSTLY FREEDOM FOR STATE STREET
It's a good day for State Street's Ronald Logue. His bank on Monday
announced a plan to repay funds it received under the Troubled Asset
Relief Program. Once
the process is complete, the bank won't be subject to such government
restrictions as pay limits.
BUFFETT LIFTED BERKSHIRE STAKE IN WELLS FARGO
A regulatory filing shows Berkshire Hathaway Chairman Warren Buffett
lifted his company's stake in Wells Fargo during the first quarter as
shares of the giant
bank swooned.
Date: 18 MAY 2009 14:17:38 GMT
Energy stocks perked up with oil prices on Monday, as a blast in
Nigeria over the weekend and an expected deal between Petrobras and
China shaped the landscape.
Date: Mon, 18 May 2009 00:31:29 -0400
India's Sensex leaps 10.7% at open, following Congress election victory
5/18/2009 12:29:47 AM EDT
Date: 18 MAY 2009 13:00:18 GMT
Crude-oil futures rebound, up more than 2% on the heels of last week's
4% pullback, as global stocks move higher and as concerns rise that
militant unrest in Nigeria may disrupt supplies from Africa's biggest
oil producer.