Bank of Wyoming shut by regulators; 53rd U.S. bank to fail in 2009
Date: Friday, July 10, 2009
Bank of Wyoming shut by regulators; 53rd U.S. bank to fail in 2009
7/10/2009 7:20:05 PM EDT
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Date: Friday, July 10, 2009
Bank of Wyoming shut by regulators; 53rd U.S. bank to fail in 2009
7/10/2009 7:20:05 PM EDT
Date: Friday, July 10, 2009
U.S. stocks end mostly lower on recovery worries, sliding 2% on the week
7/10/2009 4:12:53 PM EDT
Date: Friday, July 10, 2009
Oil settles below $60 a barrel for first time since May 19, marking a
10% tumble for the week - biggest weekly drop since January.
Date: Friday, July 10, 2009
General Motors' chief executive pledges a "new beginning" as the
storied U.S. automaker exits Chapter 11 bankruptcy, stressing
customers, cars and culture asthe company's three main priorities.
NEW FUND ISN'T 'FOOLISH' SO MUCH AS STUPID
An investor who takes a chance on the brand new Motley Fool
Independence Fund before it proves that it can deliver on the big talk
of its founders would be making the Stupid Investment of the Week.
EVEN LOSING FUND MANAGERS GET LUCKY SOMETIMES
Being a star mutual-fund manager doesn't part the red rope the way it
once did, so it's almost nostalgic to see some of the old boldface
names in the limelight again. The stock market's rally has burnished
-- at least for now -- the reputations of managers whose funds
suffered more than most in the market meltdown.
U.S. STOCK MARKET HOPES TO DRAW LIFT FROM TECH
As U.S. stocks steer a path toward a fourth consecutive week of
declines, the technology sector flirts with positive territory ahead
of earnings reports due from several of the sector's big names next
week.
OIL FALLS BELOW $60, HEADING FOR SHARP WEEKLY LOSS
Crude-oil futures slip lower, with investors cautious that prices
could resume their downtrend if global economic recovery hopes fade.
Date: Friday, July 10, 2009
U.S. trade deficit narrows to nearly $26 billion for May, lowest in
not quite a decade
7/10/2009 8:33:29 AM EDT
Date: Friday, July 10, 2009
Stocks turn lower in wake of weaker reading on U.S. consumer confidence
7/10/2009 9:58:38 AM EDT
Date: Friday, July 10, 2009
Stocks making notable moves in Friday's U.S. trading include AIG,
General Motors, Sunoco and Shaw Group.
Date: Friday, July 10, 2009
Stocks open lower as investors focus on a profit-warning from Chevron,
shrug off a government report showing the trade gap narrowed.
Date: Thursday, July 9, 2009
Stocks end the day little changed as investors tread water, with
Nasdaq, S&P, Dow edging higher.
Date: Thursday, July 9, 2009
Retailers' June sales hint at tough second half
The hot, dry summer didn't come early enough for U.S. retailers.
RETAILERS' WEATHER EXCUSES JUST A SNOW JOB
Here is a severe-weather alert for U.S. retailers: Seasons change.
They do it every year. The weather is different in different parts of
the country. Every year and every season. If you don't have a business
model that can account for that by now, maybe your business is more
than just under the weather -- maybe it's in the ICU.
RETAIL STOCKS RISE AFTER JUNE SALES RESULTS
While many of the figures were not as bad as expected, retailers faced
a tough slog as consumer sentiment remained chilly.
U.S. STOCK MARKET AWAITS SIGNS OF REVENUE GROWTH
The lack of revenue growth from the aluminum giant and the other 29
companies that make up the Dow Jones Industrial Average is seen as a
major factor contributing to Wall Street's lackluster sentiment.
OIL FALLS FOR SEVENTH SESSION ON DEMAND CONCERNS
Crude-oil falls, heading toward a seventh consecutive losing session
and the longest losing streak in nearly three years, as worries over
oil demand
continued weighing on prices.
Date: Thursday, July 9, 2009
Many fewer people than expected filed for first-time unemployment
benefits last week - 565,000 compared to 617,000 in previous week.
Date: Thursday, July 9, 2009
Energy stocks open higher, with shares of petroleum producers and
refiners recovering from four straight days of losses.
Date: Thursday, July 9, 2009
Stocks open higher, with Alcoa leading blue chips and the broader
market reacting positively to stronger jobless claims report.
Date: Wednesday, July 8, 2009
Alcoa reports better than expected results with a quarterly loss of 26
cents per share and revenue of $4.2 billion.
Date: Wednesday, July 8, 2009
U.S. names 9 firms to manage program to sell banks' toxic assets.
Group includes BlackRock, Wellington Management and Invesco.
Date: Wednesday, July 8, 2009
After a volatile day, Dow and Nasdaq manage to finish the session in
the black. S&P 500 ends slightly lower.
7/8/2009 2:34:00 PM ET
Stocks in Argentina tumble after a cabinet reshuffle last night soured
investor sentiment and indicated that the government doesn't intend to
change policy direction.
Date: Wednesday, July 8, 2009
U.S. stock futures trade near Tuesday's lows
U.S. stock futures meander near the prior day's lowest levels as
traders await results from Alcoa to see if the aluminum giant can get
the market out of a recent rut.
SWISS BAR UBS FROM TURNING INFO OVER TO AMERICANS
The Swiss government says they will step in if necessary to bar its largest
bank, UBS, from handing over information on 52,000 account holders
demanded by U.S. authorities.
SWISS TAX FIGHT GATHERS MOMENTUM
The international game of chicken over Switzerland's bank secrecy laws
took another twist Wednesday. The Swiss government said it would block
UBS AG from handing over records of thousands of bank records to U.S.
authorities.
U.K. SETS OUT PLAN TO BEEF UP BANK REGULATORS
U.K. Chancellor of the Exchequer Alistair Darling announces plans to
beef up the powers of the country's financial regulators.
GLOBAL ECONOMY ON SLOW MEND, IMF SAYS
The global economy is on the mend but it would be premature to think
that policymakers can throw away the crutches that have aided the
recovery, says the International Monetary Fund.
Date: Wednesday, July 8, 2009
Stocks open higher ahead of Alcoa's results, due after the closing
bell. Tech shares rise after Google unveils new operating system.
Date: Wednesday, July 8, 2009
Crude-oil futures extend their losing-streak, briefly falling below
$62 a barrel, after industry data shows that stockpiles of distillates
rose more than expected in the previous week.
Date: Tuesday, July 7, 2009
Stocks finish a down day with a sharp selloff. Dow falls 161.27points.
Nasdaq, S&P end 2% lower.
Date: Tuesday, July 7, 2009
Regulator mulls limits on commodities trading
The Commodity Futures Trading Commission said Tuesday it plans to hold
hearings in July and August on whether it should apply position limits
to speculators in oil and other energy futures.
SPECULATION CURBS A VICTORY FOR THE MARKETS
For all of the hype surrounding the Obama administration's plan for
reforming the financial-services industry, it's a move by the
Commodities Futures Trading Commission -- potentially reining in
rampant speculation in energy futures --that could have the most
significant effect.
CRUDE FUTURES FALL SHARPLY, EXTEND DROP BELOW $63
Crude futures turn lower in volatile trading, extending their sharp decline
from the previous session, amid weak fundamentals in the energy market.
GOLD RISES FIRST DAY IN THREE AS DOLLAR FALLS
Gold futures rise, rebounding from their lowest level in two weeks.
TUESDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks making significant early moves in U.S. trading include Discover,
Greenbrier, GenCorp, MoneyGram and Steel Dynamics.
Date: Tuesday, July 7, 2009
Stock selloff accelerates midday with the Dow industrials sinking more
than 100 points; Nasdaq, S&P 500 slump more than 1%.
Date: Tuesday, July 7, 2009
A Senate hearing about a proposed 'cap-and-trade' system for reducing
greenhouse gases gets off to a contentious start as Republicans attack
the system as a giant tax hike on consumers
Date: Tuesday, July 7, 2009
Stocks open flat as investors take a breather ahead of the start of
'earnings season.'
Date: Monday, July 6, 2009
Unrest in Urumqi, the capital of China's strategically important
Xinjiang region, has killed 156 people, state media says.
Date: Monday, July 6, 2009
China National Petroleum Corp. is reportedly offering up to $14.5
billion for a majority stake in the Argentine unit of Spanish oil
company Repsol.
Date: Monday, July 6, 2009
Michael Jackson to Be Buried at L.A.'s Forest Lawn Cemetery at 8 a.m.
PT Tuesday [3:53 p.m. ET]
Date: Monday, July 6, 2009
Stocks end mixed after day of choppy trading as oil falls to 6-week
low. Dow gains 44 points, Nasdaq down slightly.
Date: Monday, July 6, 2009
Oil ends at lowest price in six weeks, $64.05 a barrel, as weak
economic data stifles hope that the economy is rebounding.
Date: Monday, July 6, 2009
Crude-oil futures touch a six-week low as investors worry about the global
economy.
INDEX INVESTORS HIKE STAKE IN OIL AS PRICES RISE
Big pension and endowment funds that invest in commodities are loading
up on crude, regulatory data show.
HOW MARKETWATCH ESTIMATED INDEX INVESTORS' HOLDING
In order to determine that index investors, such as big pension funds,
have increased their holdings in oil this year, MarketWatch used
publicly available data on their holdings in other commodities and the
make-up of two major commodities indexes that include oil.
UTILITIES IN PLAY AS STOCK INVESTORS TURN SKITTISH
The utility sector, bashed by stock investors until recently, is getting
another look as markets turn increasingly defensive in re-evaluating the
economic recovery still ahead.
SOCGEN SEES SMALL PROFIT AFTER $1.8 BLN CHARGE
French bank Societe Generale on Monday expects to report a small
profit in the second quarter as a solid performance in corporate and
investment banking was largely offset by around 1.3 billion euros
($1.8 billion) of write-downs and tighter credit spreads.
Date: Monday, July 6, 2009
Crude-oil futures touch a six-week low as investors worry about the global
economy.
INDEX INVESTORS HIKE STAKE IN OIL AS PRICES RISE
Big pension and endowment funds that invest in commodities are loading
up on crude, regulatory data show.
HOW MARKETWATCH ESTIMATED INDEX INVESTORS' HOLDING
In order to determine that index investors, such as big pension funds,
have increased their holdings in oil this year, MarketWatch used
publicly available data on their holdings in other commodities and the
make-up of two major commodities indexes that include oil.
UTILITIES IN PLAY AS STOCK INVESTORS TURN SKITTISH
The utility sector, bashed by stock investors until recently, is getting
another look as markets turn increasingly defensive in re-evaluating the
economic recovery still ahead.
SOCGEN SEES SMALL PROFIT AFTER $1.8 BLN CHARGE
French bank Societe Generale on Monday expects to report a small
profit in the second quarter as a solid performance in corporate and
investment banking was largely offset by around 1.3 billion euros
($1.8 billion) of write-downs and tighter credit spreads.