Friday, December 18, 2009

Breaking News: Leaders reach deal on climate change

Date: Fri, 18 Dec 2009 15:57:07 -0600

COPENHAGEN (AP) - The United States and four other countries,
including China, have reached a climate agreement that includes a way
to verify reductions of heat-trapping gases, a senior administration
official said. President Obama called the deal - the details of which
were still emerging - a "meaningful and unprecedented breakthrough."
But he added that "a fundamental deadlock in perspectives" prevented a
more substantial agreement

Markets Friday, 12/18/2009

Date: Fri, 18 Dec 2009 17:31:04 -0500
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| Dow : 10328.89 up 20.63 | S & P : 1102.47 up 6.39
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| NASDAQ: 2211.69 up 31.64 | Bond (10Y): 3.54%, 98.59
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MARKETS:
Stocks gain in volatile session, end week lower
Wall Street boosted thanks to Oracle and Research in Motion. But most
indexes ended lower for the week, and trade was choppy with little
economic news and contract expirations.

Stocks finish flat week with gains, led by advances in tech shares. Dow rises 28 points. Nasdaq up 1.5%.

Date: Fri, 18 Dec 2009 16:02:07 -0500

Stocks finish flat week with gains, led by advances in tech shares.
Dow rises 28 points. Nasdaq up 1.5%.

U.S. stock market finds some cheer in technm

Date: Fri, 18 Dec 2009 12:00:56 -0500

U.S STOCK MARKET FINDS SOME CHEER IN TECH
The technology sector is again illustrating why it's the best
performing sector of 2009, as results from software giant Oracle Corp.
help propel the Nasdaq Composite Index to weekly gains even as the
broad market loses ground.

OBAMA SEEKS TO SEAL DEAL IN COPENHAGEN
President Barack Obama arrived in Copenhagen Friday and very quickly
become the focus of a faltering climate deal as the U.N. summit
reached its final, whirlwind day of negotiations.

RYANAIR ENDS TALKS TO BUY 200 BOEING JETS
The Irish low-cost carrier has no plans to re-open discussions with
Boeing's rival Airbus.

U.S. STOCKS TURN LOWER AS DOLLAR STRENGTHENS
Although the Dow Jones Industrial Average takes a turn south, the
technology sector remains strong, thanks to better-than-expected
reports from Research In Motion and Oracle.

BANKS DRAG EUROPE STOCKS TO WEAKER CLOSE
European shares on Friday failed to hold early gains, closing lower on
concerns over the need for fund raising by banks.

Stocks open higher, with tech shares getting a boost from Oracle and BlackBerry maker RIM. Dow rises 45 points.

Date: Fri, 18 Dec 2009 09:34:07 -0500

Stocks open higher, with tech shares getting a boost from Oracle and
BlackBerry maker RIM. Dow rises 45 points.

Thursday, December 17, 2009

Markets Thursday, 12/17/2009

Date: Thu, 17 Dec 2009 17:31:04 -0500
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| Dow : 10308.26 down 132.86 | S & P : 1096.08 down 13.10 |
| NASDAQ: 2180.05 down 26.86 | Bond (10Y): 3.48%, 99.09
|----------------------------------------------------------------------------|

MARKETS:
Stocks slump on global jitters
Fed decision fails to inspire confidence; investors concerned over
Greek finances.

U.S. stocks slip after rise in jobless claims

Date: Thu, 17 Dec 2009 12:00:53 -0500

U.S. STOCKS SLIP AFTER RISE IN JOBLESS CLAIMS
Stocks decline despite better-than-expected reports on manufacturing
and leading economic indicators, as investors focus on an unexpected
rise in weekly jobless claims.

HOUSE APPROVES INCREASE IN U.S. DEBT CEILING
The U.S. will be able to borrow for a few more months under
legislation passed by House lawmakers.

HEALTH DEBATE BACK ON TRACK AFTER DELAY
Buoyed by a pep-talk from President Barack Obama, Senate Democrats are
striving towards the finish line on health-care reform even as a new
poll shows public fears about higher costs and worsened care.

FED, GREEK WORRIES SEND DOLLAR TO 3-MONTH HIGH
A combination of faith in the recovery of the U.S. economy, Federal
Reserve policy and worries about the ability of Greece to service its
debt sent the dollar to multi-month highs.

NATURAL GAS RALLIES ON BIG DROP IN SUPPLIES
Futures jump after U.S. stockpiles fall more than expected as cold
temperatures across the U.S. boost demand for heating.

Senate Banking Committee confirms Bernanke for 2nd term as Fed chief by vote of 16-7. Confirmation moves to full Senate.

Date: Thu, 17 Dec 2009 11:21:07 -0500


Senate Banking Committee confirms Bernanke for 2nd term as Fed chief
by vote of 16-7. Confirmation moves to full Senate.

U.S. leading economic indicators up 0.9% in November

Date: Thu, 17 Dec 2009 10:02:57 -0500

U.S. leading economic indicators up 0.9% in November
12/17/2009 10:01:23 AM EDT

Stock selloff accelerates, with the Dow falling more than 100 points, amid a rising dollar and ongoing jitters over the economy.

Date: Thu, 17 Dec 2009 10:41:04 -0500

Stock selloff accelerates, with the Dow falling more than 100 points,
amid a rising dollar and ongoing jitters over the economy.

Number of people filing for first-time unemployment benefits rose 7,000 last week to 480,000, U.S. says.

Date: Thu, 17 Dec 2009 08:33:04 -0500

Number of people filing for first-time unemployment benefits rose
7,000 last week to 480,000, U.S. says.

Stocks open lower as investors remain jiitery about the economy after the Fed left rates unchanged and overseas markets slide.

Date: Thu, 17 Dec 2009 09:32:07 -0500

Stocks open lower as investors remain jiitery about the economy after
the Fed left rates unchanged and overseas markets slide.

Wednesday, December 16, 2009

Bank of America names Brian Moynihan, head of BofA consumer and small business banking, to succeed Ken Lewis as CEO.

Date: Wed, 16 Dec 2009 20:18:07 -0500

Bank of America names Brian Moynihan, head of BofA consumer and small
business banking, to succeed Ken Lewis as CEO.

Markets Wednesday, 12/16/2009

Date: Wed, 16 Dec 2009 17:31:04 -0500

|---------------------------------------------------------------------------|
| Dow : 10441.12 down 10.88 | S & P : 1109.18 up 1.25 |
| NASDAQ: 2206.91 up 5.86 | Bond (10Y): 3.59%, 98.13
|----------------------------------------------------------------------------|

MARKETS:
Stocks skid after Fed holds rates
Central bank says economy will remain weak for some time but will then
see 'strengthening of economic growth.'

Fed leaves rates unchanged, near 0%. Says economic activity "has continued to pick up" and job market deterioration "is abating."

Date: Wed, Dec 16, 2009 at 2:20 PM

Fed leaves rates unchanged, near 0%. Says economic activity "has
continued to pick up" and job market deterioration "is abating."

Stocks finish mixed after the Fed leaves interest rates near 0%. Dow eases 8 points. Nasdaq, S&P post slight gains.

Date: Wed, Dec 16, 2009 at 4:02 PM

tocks finish mixed after the Fed leaves interest rates near 0%. Dow
eases 8 points. Nasdaq, S&P post slight gains.

Oil nears $73 as supplies drop, ahead of Fed

Date: Wed, 16 Dec 2009

OIL NEAR $73 AS SUPPLIES DROP, AHEAD OF FED
Futures jump 3% to trade near $73 a barrel, after a report that U.S.
crude inventories fell more than expected last week.

ENERGY STOCKS UP ON BULLISH OIL SUPPLY DATA
Energy stocks rose early Wednesday on a set of surprisingly bullish
weekly U.S. oil supply numbers and ahead of an announcement on
interest rates from the Federal Open Market Committee.

BEN BERNANKE NAMED TIME'S PERSON OF YEAR
Time magazine names Federal Reserve Chairman Ben Bernanke its person
of the year for 2009, saying the weak economy could have been far
worse if not for the mild-mannered academic.

TIME PICKS A WINNER WITH BERNANKE
Time made the right choice when it picked Fed Chairman Ben Bernanke as
Person of the Year, writes Jon Friedman.

FED STARTS LAST POLICY MEETING OF YEAR
Federal Reserve policy makers gather Tuesday afternoon for a two-day
closed-door meeting, and economists expect the central bank will end
the year on a steady note in order not to roil the skittish financial
markets.

Stocks open higher as investors digest latest readings on housing and inflation. Dow rises 45 points.

Date: Wed, 16 Dec 2009 09:35:07 -0500

Stocks open higher as investors digest latest readings on housing and
inflation. Dow rises 45 points.

New homes starting construction in November rose by 8.9% to an annualized rate of 574,000, matching analysts' expectations.

Date: Wed, 16 Dec 2009 08:33:05 -0500

New homes starting construction in November rose by 8.9% to an
annualized rate of 574,000, matching analysts' expectations.

Tuesday, December 15, 2009

Markets Tuesday, 12/15/2009

Date: Tue, 15 Dec 2009 17:32:04 -0500

|---------------------------------------------------------------------------|
| Dow : 10452.00 down 49.05 | S & P : 1107.93 down 6.18 |
| NASDAQ: 2201.05 down 11.05 | Bond (10Y): 3.58%, 98.22
|----------------------------------------------------------------------------|

MARKETS:
Wall Street breaks win streak
A four-session run peters out, a day after the leading indexes end at
14-month highs, on mixed economic news and a stronger dollar.

Stocks finish lower after a selloff in bank shares. Dow falls 48 points. S&P, Nasdaq lose about 0.5%

Date: Tue, 15 Dec 2009 16:02:07 -0500

Stocks finish lower after a selloff in bank shares. Dow falls 48
points. S&P, Nasdaq lose about 0.5%

Financials remain thorn is stock market's side

Date: Tue, 15 Dec 2009 12:00:56 -0500

FINANCIALS REMAIN THORN IS STOCK MARKET'S SIDE
News that Citigroup and Wells Fargo are paying back government funds
did little to bolster a sector plagued by rising delinquencies and a
hobbled lending environment.

U.S. STOCKS DROP AS WHOLESALE PRICES HEAD HIGHER
Concerns over rising wholesale prices and deteriorating manufacturing
conditions send stocks lower, although gains in commodities help to
pare earlier declines.

BEST BUY PROFIT TOPS VIEW; STOCK HIT ON MARGIN
Boosted by U.S. holiday shoppers buying items from laptop computers to
mobile phones, Best Buy's third-quarter profit more than quadruples as
the retailer raises its forecast for the full fiscal year. But
investor concerns about margins for the all-important fourth quarter
leave Best Buy's shares on the defensive.

RETAIL STOCKS FALL; BEST BUY HIT ON MARGIN OUTLOOK
Retail stocks fall after No. 1 U.S. electronics chain Best Buy Co. says
fourth-quarter gross margin, a measure of profit, would be worse than
expected in the face of deflation in notebook computers and flat panel
televisions.

KRAFT CHALLENGES CADBURY'S UPBEAT FORECAST
Kraft claims the U.K. chocolate producer is being ambitious over
targets it's never previously achieved.

Energy: Oil service shares gain, oil stocks flat

12/15/2009 10:18:00 AM ET

Shares of oil and natural gas drillers rose Tuesday while oil and
natural gas shares traded flat as investors eyed fresh data showing
higher producer prices.

Wholesale-level inflation runs hotter in November, U.S. data show

Date: Tue, 15 Dec 2009 08:33:49 -0500

Wholesale-level inflation runs hotter in November, U.S. data show
12/15/2009 8:32:14 AM EDT

Stocks open lower as investors digest readings on wholesale prices and manufacturing. Dow slides 34 points.

Date: Tue, 15 Dec 2009 09:32:07 -0500

Stocks open lower as investors digest readings on wholesale prices and
manufacturing. Dow slides 34 points.

Monday, December 14, 2009

Markets Monday, 12/14/2009n

Date: Mon, 14 Dec 2009 17:31:08 -050m
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| Dow : 10501.05 up 29.55 | S & P : 1114.11 up 7.70
|
| NASDAQ: 2212.10 up 21.79 | Bond (10Y): 3.55%, 98.50
|----------------------------------------------------------------------------|

MARKETS:
Wall Street jumps to 14-month highs
Stocks advance as financing from Abu Dhabi cools default worries.
Citigroup closes deal to repay TARP.

Dow finishes higher, closing above 10,500 for the first time...

Date: Mon, 14 Dec 2009 16:09:04 -0500

Dow finishes higher, closing above 10,500 for the first time since
October 2008
12/14/2009 4:06:46 PM EDT

Breaking News Mon., December 14, 2009

Date: Mon, 14 Dec 2009 02:51:05 -0800 (PST)

Report: Iran to Put American Hikers on Trial [5:38 a.m. ET]

Breaking News Mon., December 14, 2009

Date: Mon, 14 Dec 2009 02:51:05 -0800 (PST)


Report: Iran to Put American Hikers on Trial [5:38 a.m. ET]

Exxon Mobil to buy XTO Energy in $41 billion deal

Date: Mon, 14 Dec 2009 12:00:56 -050

EXXON MOBIL TO BUY XTO ENERGY $41 BILLION DEAL

Exxon Mobil will acquire domestic energy giant XTO Energy in an
all-stock deal as it moves to boost its presence in the unconventional
natural-gas business.

OBAMA CALLS BANKERS 'FAT CATS' BEFORE MEETING THEM

President Barack Obama is meeting with the top executives of the
nation's largest banks, on the heels of blasting some as "fat cats."

CITI TO REPAY $20 BILLION OF GOVERNMENT AID

The bank will sell about $20 billion in new securities to pay back the
government's aid under the Troubled Asset Relief Program.

VISA SHARES RISE ON S&P 500 NOD

Visa shares get a premarket lift, gaining on the payment processor's
impending inclusion in the widely followed S&P 500 Index.

U.S. STOCKS RISE AS DEAL LIFTS ENERGY SECTOR

Exxon Mobil's deal to buy XTO Energy spurs more consolidation
speculation, but concerns about the financial sector limit the
market's gains.

Stocks open higher after Citi reaches a deal to repay its $20 billion bailout and Dubai secures financing to avoid default.

Date: Mon, 14 Dec 2009 09:33:04 -0500

Stocks open higher after Citi reaches a deal to repay its $20 billion
bailout and Dubai secures financing to avoid defaultws.

Sunday, December 13, 2009

Breaking News: Senate passes $1.1 trillion bill

Date: Sun, 13 Dec 2009 14:28:52 -060

WASHINGTON - The Senate voted 57-35 to pass the spending bill that
includes budget increases for vast areas of the U.S. government. The
measure goes to President Obama for his signature.