Friday, July 10, 2009

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

U.S. stocks end mostly lower on recovery worries, sliding 2% on the week

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

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

Oil settles below $60 a barrel for first time since May 19, marking a
10% tumble for the week - biggest weekly drop since January.

GM pledges 'new beginning' as it exits Chapter 11

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.

U.S. trade deficit narrows to nearly $26 billion for May, lowest in not quite a decade

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

Stocks turn lower in wake of weaker reading on U.S. ...

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

AIG, Chevron, General Motors, PriceSmart, Yahoo

Date: Friday, July 10, 2009

Stocks making notable moves in Friday's U.S. trading include AIG,
General Motors, Sunoco and Shaw Group.

Stocks open lower as investors focus on a profit-warning from Chevron, shrug off a government report showing the trade gap narrowed.

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.

Thursday, July 09, 2009

Stocks end the day little changed as investors tread water, with Nasdaq, S&P, Dow edging higher.

Date: Thursday, July 9, 2009

Stocks end the day little changed as investors tread water, with
Nasdaq, S&P, Dow edging higher.

Retailers' June sales hint at tough second half

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.

Many fewer people than expected filed for first-time unemployment benefits last week - ...

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.

Energy: Energy stocks test the plus column

Date: Thursday, July 9, 2009


Energy stocks open higher, with shares of petroleum producers and
refiners recovering from four straight days of losses.

Stocks open higher, with Alcoa leading blue chips and the broader market reacting positively to stronger jobless claims report.

Date: Thursday, July 9, 2009

Stocks open higher, with Alcoa leading blue chips and the broader
market reacting positively to stronger jobless claims report.

Wednesday, July 08, 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


Alcoa reports better than expected results with a quarterly loss of 26
cents per share and revenue of $4.2 billion.

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


U.S. names 9 firms to manage program to sell banks' toxic assets.
Group includes BlackRock, Wellington Management and Invesco.

After a volatile day, Dow and Nasdaq manage to finish the session in the black. S&P 500 ends slightly lower.

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.

Stocks in Argentina fall after cabinet shuffle

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.

U.S. stock futures trade near Tuesday's lows

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.

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

Stocks open higher ahead of Alcoa's results, due after the closing
bell. Tech shares rise after Google unveils new operating system.

Energy: Crude drops further as distillate stockpiles rise

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.

Tuesday, July 07, 2009

Stocks finish a down day with a sharp selloff. Dow falls 161.27 points...

Date: Tuesday, July 7, 2009

Stocks finish a down day with a sharp selloff. Dow falls 161.27points.
Nasdaq, S&P end 2% lower.

Regulator mulls limits on commodities trading

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.

Stock selloff accelerates midday with the Dow industrials sinking more than 100 points...

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%.

Energy: Senate cap-and-trade debate starts with a clash

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

Stocks open flat as investors take a breather ahead of ...

Date: Tuesday, July 7, 2009

Stocks open flat as investors take a breather ahead of the start of
'earnings season.'

Monday, July 06, 2009

Clash in China oil-rich region leaves 156 dead

Date: Monday, July 6, 2009

Unrest in Urumqi, the capital of China's strategically important
Xinjiang region, has killed 156 people, state media says.

Energy: China Petroleum bids $14.5 billion for YPF stake

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.

Breaking News Mon., July 6, 2009

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]

Stocks end mixed after day of choppy trading as oil falls to 6-week low. Dow gains 44 points...

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.

Oil ends at lowest price in six weeks, $64.05 a barrel, as weak economic data stifles ...

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.

Crude falls 4% to six-week low on economic worries

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.

Crude falls 4% to six-week low on economic worries

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.

Energy: Stock futures point lower, oil prices slide

Date: Monday, July 6, 2009

U.S. stock-market futures drop following the holiday weekend, with oil
prices falling sharply as hopes for an economic rebound continue to
sag.

Stocks open lower as economic concerns continue to...

Date: Monday, July 6, 2009

Stocks open lower as economic concerns continue to worry investors.
The Dow industrials slipped 59 points.