Oil stays above $82 on gains by euro, equities
Oil hovers above $82 in Europe, clinging to gains as stock markets climb, dollar weakens Pablo Gorondi, Associated Press Writer, On Tuesday March 30, 2010, 7:41 am EDT Oil prices stayed above $82 a barrel Tuesday, clinging to gains from the previous day fueled by a U.S. dollar drop and surging equity markets. By early [...]
read moreStock futures inch higher ahead of opening
Stock futures rise modestly ahead of reports on home prices and consumer confidence Stephen Bernard, AP Business Writer, On Tuesday March 30, 2010, 8:38 am NEW YORK (AP) — Stock futures are inching higher Tuesday as investors grow more optimistic about an economic recovery. Reports due out Tuesday are expected to show consumer confidence grew [...]
read moreStock futures narrowly mixed ahead of opening
Stock futures narrowly mixed after jobs data; ahead of key report on service sector ap Stephen Bernard, AP Business Writer, On Wednesday March 3, 2010, 8:27 am EST NEW YORK (AP) — Stock futures were trading in a narrow range Wednesday as investors avoided making big bets ahead of a key report on the service [...]
read moreBuffett says economy recovering but at slow rate
Warren Buffett says economy recovering at very slow rate, consumers still reluctant to spend ap OMAHA, Neb. (AP) — Billionaire Warren Buffett said Monday the economy is improving but at a very slow rate and consumers are still not spending much, so job growth will remain slow. Buffett appeared on the CNBC cable network for [...]
read moreToyota's president to visit China on Monday
Toyota’s president turns to talk about the company’s quality woes in Beijing on Monday ap Yuri Kageyama, AP Business Writer, On Sunday February 28, 2010, 11:05 am EST TOKYO (AP) — Fresh from a grilling by U.S. lawmakers, Toyota President Akio Toyoda will speak Monday in China about his company’s quality problems, seeking to boost [...]
read moreEU finance chief heads to Athens Monday
EU finance chief Olli Rehn heads to Athens Monday for talks about Greek austerity plan ap On Sunday February 28, 2010, 7:28 pm EST BRUSSELS (AP) — The EU’s financial affairs chief is traveling to Athens to hold discussions with Greek officials on their country’s debt crisis and efforts to enact painful austerity measures to [...]
read moreGermany's Merck buying Millipore for $6B plus debt
German drug maker Merck KGaA to buy US biotech equipment maker Millipore for $6B plus debt ap The Associated Press, On Sunday February 28, 2010, 8:02 pm EST BILLERICA, Mass. (AP) — Germany’s Merck KGaA said Sunday that it will pay $6 billion in cash to buy U.S. biotech equipment maker Millipore Corp. in a [...]
read moreOilman Pickens Loads Up on Energy Names
indieresearch the tickerspy.com Staff, On Thursday February 18, 2010, 8:45 am Legendary oilman T. Boone Pickens is still pushing plans to reduce dependence on foreign oil, though his focus has shifted more and more towards natural gas over wind power, where his efforts have hit some speed bumps. Most recently, Pickens has been supporting legislation [...]
read moreU.S. dollar strengthens; gold dips on IMF sale
On Thursday February 18, 2010, 3:10 am EST By Kevin Plumberg HONG KONG (Reuters) – The U.S. dollar rose against the euro on Thursday as poor growth prospects and Greece’s fiscal deterioration hounded the euro zone single currency, while gold slid after the International Monetary Fund said it would sell more of its bullion holdings. [...]
read moreWal-Mart profit rises 22 percent for 4Q
4Q profit rises 22 percent, but key sales measure falls for 3rd straight quarter Anne D’Innocenzio, AP Retail Writer, On Thursday February 18, 2010, 8:14 am NEW YORK (AP) — Wal-Mart Stores Inc. reported a 22 percent increase in its fourth-quarter profit as the world’s largest retailer cut costs and slimmed down its inventories. But [...]
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