Friday, September 18, 2009

Markets Friday, 09/18/2009

Date: Fri, 18 Sep 2009 17:31:03 -0400
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| Dow : 9820.20 up 36.28 | S & P : 1068.30 up 2.81 |
| NASDAQ: 2132.86 up 6.11 | Bond (10Y): 3.47%, 101.25
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MARKETS:
Stocks hit one-year highs
Wall Street advances, stretching the recent rally, with the Dow, S&P
500 and Nasdaq touching best levels since last fall.

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Dollar hits 1-year low vs. euro
Greenback pressured by gains in equities and commodities. Yen bounces
on comments from Bank of Japan official.

Obama bolsters program that insures home loans
More homebuyers depend on government-insured FHA loans and defaults
are rising. Federal housing officials take steps to lower the
program's risk.

J.P. Morgan turns positive on home-builder sector

Date: Friday, September 18, 2009

J.P. Morgan turns positive on home-builder sector

A J.P. Morgan analyst lifts his view on the home-builder sector to positive
from negative, saying the housing market has made it through the worst
of the correction.

PALM SHARES FALL ON CONCERNS ABOUT OUTLOOK

The maker of wireless devices reported better-than-expected quarterly
results but issued a disappointing forecast for the current period.

AMR, BA, QANTAS MAY TEAM ON JAPAN AIRLINES OFFER

American Airlines, British Airways Plc. and Qantas Airways Ltd.
reportedly plan to join forces on a proposal to recapitalize
cash-strapped Japan Airlines.

HAVE BIOTECH STOCKS FINALLY RECOVERED?

Biotech stocks seem to have finally recovered from their harrowing
fall off the market cliff earlier this year, though some may wonder if
the gains will hold.

CORPORATE DEBT LEVELS MAY LIMIT CONTINENTAL GROWTH

in Continental Europe don't flash their plastic nearly as much as the
average American or Brit, but companies on the Continent haven't taken
that thrifty attitude to heart -- and may pay the price now, some
strategists and fund managers say.

Markets Thursday, 09/17/2009

Date: Thu, 17 Sep 2009 17:31:03 -0400

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| Dow : 9783.92 down 7.79 | S & P : 1065.49 down 3.27 |
| NASDAQ: 2126.75 down 6.40 | Bond (10Y): 3.39%, 101.88
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MARKETS:
Stocks take a tiny step back
Investors get cold feet after pushing the Dow, S&P 500 and Nasdaq to
the highest levels in nearly a year.

Thursday, September 17, 2009

Off the runway, designers adapt to new reality

Date: Thursday, September 17, 2009

Off the runway, designers adapt to new reality

At Norma Kamali's first runway show in at least five years, what she
designs for retail giant Wal-Mart will get equal play as her eponymous
high-end fare.

THE NEW FACE OF LUXURY AT SAKS

The luxury retailer is attempting to address the new reality of the
pummeled sector and what shoppers in that group may desire.

U.K. RETAIL SALES FLAT, DISAPPOINT EXPECTATIONS

British retail sales volumes were flat in August, the Office for National
Statistics reported Thursday, coming in below expectations as shoppers
spurned clothing and footwear purchases after a big surge earlier this
summer.

AS DOW 10,000 LOOMS, IT'S A TIME FOR WORRY

In March, it was just a relief that stocks rose after six months
straight down. In April and May, it was perplexing. In June, July and
August, it was
invigorating as the market recouped 50% of its losses. Now, in September,
supposedly a bad month for stocks, it's getting scary.

HOUSING STARTS, PERMITS AT NINE-MONTH HIGHS

Construction of new single-family homes and apartments accelerated in
August to the strongest pace in nine months, says the Commerce
Department.

Wednesday, September 16, 2009

Breaking News: Mary Travers of Peter, Paul and Mary dies

Date: Wednesday, September 16, 2009


DANBURY, Conn. - Mary Travers, one-third of the 1960s folk trio Peter,
Paul and Mary, has died. She was 72 and had battled leukemia for
several years.

Markets Wednesday, 09/16/2009

Date: Wed, 16 Sep 2009 |
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| Dow : 9791.71 up 108.30 | S & P : 1068.76 up 16.13 |
| NASDAQ: 2133.15 up 30.51 | Bond (10Y): 3.46%, 101.28
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MARKETS:
Stocks spike to 1-year highs
Economic optimism helps Wall Street extend gains, with the Dow, Nasdaq
and S&P hitting the highest points since fall '08.
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Gold hits all-time high
The precious metal continues to rally as investors eye a weak U.S.
dollar and fret about inflation.

Gold settles at a record high $1,020.20 an ounce, topping mark set in March 2008, amid a weak dollar and inflation concerns.

Date: Wednesday, September 16, 2009

Gold settles at a record high $1,020.20 an ounce, topping mark set in
March 2008, amid a weak dollar and inflation concerns.

Stocks finish at highest level in nearly a year on economic optimism. Dow gains 107 points. S&P , Nasdaq each rise more than 1.4%.

Date: Wednesday, September 16, 2009

Stocks finish at highest level in nearly a year on economic optimism.
Dow gains 107 points. S&P , Nasdaq each rise more than 1.4%.

Consumer price index, a key inflation gauge, fell 1.5% from a year ago as it edged up in August from the previous month.

Date: Wednesday, September 16, 2009

Consumer price index, a key inflation gauge, fell 1.5% from a year ago
as it edged up in August from the previous month.

Baucus releases long-awaited health-reform bill

Date: Wednesday, September 16, 2009

Baucus releases long-awaited health-reform bill

Senate Finance Committee Chairman Max Baucus releases a long-awaited
$856. billion health-care reform bill that he claims will lower costs
and cover millions of Americans, moving forward without the support of
Republican colleagues he'd been wooing.

STOCK MARKET LIFTED BY IDEA OF PENT-UP DEMAND

The U.S. stock market, which has gained for eight out of the past nine
sessions, is benefiting in part by the belief that money now
collecting dust in the observation deck will eventually find a home in
equities.

EA SHARES PRESSURED BY WORRIES ABOUT GAME SALES

SAN FRANCISCO -- Electronic Arts Inc. remains one of the largest
forces in the video game industry, but the company has taken more than
its share of the sales slump that has afflicted the sector over the
last six
months.

VIDEO GAME SALES FALL AGAIN IN AUGUST

Video game sales fall again in August, the sixth straight month of
declines for a sector that has been suffering from a slumping economy
and challenging comparisons.

ADOBE SHARES SLUMP AFTER OMNITURE DEAL

Adobe Systems Inc. shares fell as much as 7% Wednesday due to negative
reaction to the publishing-software developer's plans to acquire
Internet services company Omniture Inc. for $1.8 billion.

Stocks rise in the first moments of trading as investors welcome encouraging economic reports and see the end of the recession.

Date: Wednesday, September 16, 2009

Stocks rise in the first moments of trading as investors welcome
encouraging economic reports and see the end of the recession.

Tuesday, September 15, 2009

House votes to rebuke Rep. Joe Wilson

Date: Tue, 15 Sep 2009 16:48:51 -0500

WASHINGTON (AP) - The House of Representatives has voted to admonish
Rep. Joe Wilson over his "you lie" comment to President Obama during
the president's health care speech to Congress last week. The 240-179
vote on the resolution of disapproval reflected the sharp partisan
divide over the issue.

Markets Tuesday, 09/15/2009

Date: Tue, 15 Sep 2009 17:31:03 -0400

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| Dow : 9683.41 up 56.61 | S & P : 1052.63 up 3.29. |
| NASDAQ: 2102.64 up 10.86 | Bond (10Y): 3.45%, 101.44 |
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MARKETS:
Stocks at new 2009 highs
Wall Street advances as investors welcome Bernanke's comments and
retail sales report.

Buffett praises U.S. recovery efforts
The legendary investor says he doesn't see 'green shoots' but that
'things aren't getting worse either.

Stocks end higher, getting a lift from Bernanke's 'recovery' comments, with the Dow rising 55 points. Nasdaq and S&P also advance.

Date: Tuesday, September 15, 2009

Stocks end higher, getting a lift from Bernanke's 'recovery' comments,
with the Dow rising 55 points. Nasdaq and S&P also advance.

Fed's Yellen calls recovery tepid and vulnerable

Date: Tuesday, September 15, 2009

Fed's Yellen calls recovery tepid and vulnerable

San Francisco Federal Reserve Bank President Janet Yellen expects the
economic recovery to be "tepid" and slow, suggesting that a
debilitating and sustained drop in prices poses a greater threat than
runaway inflation.

ECONOMY, LABOR IN FOCUS AS OBAMA HITS ROAD TUES.

The U.S. economy is in presidential focus for the second straight day as
President Barack Obama hits the road to talk to auto workers and union members.

U.S. STOCKS WITH GLOBAL EXPOSURE RISE AS FEAR EBBS

A year after Lehman Brothers' failure, fear is no longer the dominant
trade. Increasingly, that's meant more investors are looking to
fast-growing international markets to make up for past losses, a shift
that carries its own ramifications for U.S. stocks.

GABELLI ANALYSTS EXPECT STOCK MARKET TO STUMBLE

The U.S. stock market's advance this year has emboldened many
investors, but some see the rally as a signal to retrench into more
defensive companies.

SCHWAB FALLS, SAYS LOW RATES WEIGHING ON RESULTS

Shares of Charles Schwab fall in early trading after the company says it
expects declining yields on its money market funds to result in it waiving
about $80 million of client fees in the third quarter.

Fed chief Bernanke: The recession is likely over

Date: Tuesday, September 15, 2009

Fed chief Bernanke: The recession is likely over
9/15/2009 10:56:40 AM EDT

Government reports retail sales rose 2.7% in August, aided by auto purchases. Even without autos, sales increased more than expected.

Date: Tuesday, September 15, 2009

Government reports retail sales rose 2.7% in August, aided by auto
purchases. Even without autos, sales increased more than expected.

Wall Street gets off to a wobbly start despite better-than-expected retail sales. Dow loses 13 points.

Date: Tuesday, September 15, 2009

Wall Street gets off to a wobbly start despite better-than-expected
retail sales. Dow loses 13 points.

Monday, September 14, 2009

Markets Monday, 09/14/2009

Date: Mon, 14 Sep 2009 17:31:04 -0400

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| Dow : 9626.80 up 21.39 | S & P : 1049.34 up 6.61 |
| NASDAQ: 2091.78 up 10.88 | Bond (10Y): 3.42%, 101.66
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MARKETS:
Stocks turn higher
Markets manage advance after a choppy morning as Wall Street weighs
Obama speech and eyes China trade dispute.

The U.S. placed tariffs on Chinese tires, and China struck back with a
probe of U.S. chickens. The tension needs to pass. Protectionism could
hurt a recovery.

Obama: 'Learn lessons of Lehman'
In speech on Wall Street, president says bailouts are working and
economy is stabilizing, but regulatory reform is needed to prevent
future collapses.

Breaking News: Body of missing Yale grad student ID'd

Date: Monday, September 14, 2009


NEW HAVEN, Conn. (AP) - Connecticut's chief medical examiner says the
body found hidden behind a wall in a Yale University research building
is that of missing graduate student Annie Le. Dr. Wayne Carver also
said the death of the 24-year-old woman is now considered a homicide.

Dollar gives up early gains after trade-war fears

Date: Monday, September 14, 2009

Dollar gives up early gains after trade-war fears

The U.S. dollar slides against major rivals in late morning, giving up a small
lift amid rising U.S.-China trade tensions, as the euro and yen hit technical
levels that are triggering some buying.

OBAMA SEEKS TO REKINDLE BANK REFORM

President Barack Obama delivers a speech on the financial crisis on
Monday--one year after Lehman Brothers collapsed driving the markets
into turmoil -- as part of the White House's effort to re-kindle bank
regulatory reform efforts that have petered out recently on Capitol
Hill.

BANKS DOWN AS FOCUS ON OBAMA, LEHMAN ANNIVERSARY

Financial stocks are lower to start the week as investors focus on a speech
from President Barack Obama on financial reform and prepare to mark
the one-year anniversary of Lehman Brothers filing for bankruptcy.

ANALYSTS: SPRINT MOVE SENSIBLE BUT DIFFICULT

A deal with Sprint Nextel may allow Deutsche Telekom to boost margins
at its T-Mobile U.S. unit and leapfrog rivals Verizon Wireless and
AT&T in the race to provide fourth-generation services, but different
network technologies will be a major sticking point, analysts said
Monday.

CADBURY SHARES UP ON FIERCE REJECTION OF KRAFT BID

Cadbury shares rose in a mildly higher London on Monday, with analysts
saying that its continued fierce rejection of Kraft Foods' approach
ups the likelihood of a hostile bid.

Energy: Energy stocks pare losses, but remain weak

Date: Monday, September 14, 2009


Energy stocks pare earlier losses as a weaker dollar put a floor on oil prices.

U.S. stocks retreat early Monday as Wall Street focuses on U.S.-China trade relations

Date: Monday, September 14, 2009

U.S. stocks retreat early Monday as Wall Street focuses on U.S.-China
trade relations
9/14/2009 9:58:54 AM EDT

Stocks fall at the open as Wall Street awaits a speech from President Obama on the anniversary of the economic collapse.

Date: Monday, September 14, 2009

Stocks fall at the open as Wall Street awaits a speech from President
Obama on the anniversary of the economic collapse.