Food maker stocks mixed after Kraft announces bid to buy candy maker CadburySeptember 8th, 2009 Food stocks mixed on news of Kraft bid for CadburySAN FRANCISCO — Shares of food makers were mixed in Tuesday trading after Kraft announced a bid to buy British candy and drink maker Cadbury PLC for $16.7 billion in stock and cash. Cadbury rejected the offer, opening the possibility that other suitors will enter the fray.
Citigroup shares rise nearly 8 percent; gains in financials help push broader market higherAugust 13th, 2009 Citigroup shares gain nearly 8 percentNEW YORK — Shares of Citigroup Inc. rose nearly 8 percent Wednesday, outpacing gains among other financial stocks, amid a brighter outlook on the economy from the Federal Reserve.
Stocks push higher as August trading begins amid signs of healing in manufacturing, housingAugust 3rd, 2009 Stocks extend gains after manufacturing reportNEW YORK — Another dose of good economic news is sending stocks higher. The Institute for Supply Management reports that while manufacturing activity slowed during July, it did so at the slowest pace in nearly a year.
Stocks mostly gain after days of selling; Investors grow more hopeful about the economyJune 19th, 2009 Stocks push mostly higher after sluggish weekNEW YORK — Investors are shedding some of their caution about the economy. Stocks mostly rose Friday following gains overseas and a round of buying on Thursday as better-than-expected economic data suggested the U.S.
Stock futures signal higher open as stocks rise overseas on hopes for US economyJune 19th, 2009 Stocks point higher as traders grow more upbeatNEW YORK — Investors are shedding some of their recent caution about the economy. Stock futures pointed higher Friday as stocks rose overseas.
Stocks gain after days of selling; Investors grow more hopeful about the economyJune 19th, 2009 Stocks push higher after sluggish weekNEW YORK — Investors are shedding some of their caution about the economy. Stocks rose Friday, following gains in markets overseas and a round of buying on Thursday as better-than-expected economic data suggest the U.S.
Technology, bank shares boost Wall StreetJune 10th, 2009 NEW YORK - Technology and bank stocks led most shares up on Wall Street Tuesday. Financial stocks were buoyed by news that 10 of the largest US banks which received emergency government bail-out funds at the height of the financial crisis last year have been authorised to repay the money.
Most stocks rise in quiet trading as Texas Instruments helps tech; commodities lift materialsJune 9th, 2009 Technology, commodity shares gain; Dow ends flatNEW YORK — Investors are finding more than one way to bet on an improving economy. Stocks ended a quiet day mostly higher Tuesday as traders bought commodities and technology stocks.
US stocks decline at end of poor weekMay 16th, 2009 NEW YORK - US stocks fell Friday, capping one of the worst weeks since March as oil prices fell while a government official suggested some banking executives could be forced out in the coming weeks. Crude oil dropped 3.9 percent to $56.34 per barrel in New York trading, pushing energy shares lower.
US stocks mixed: Energy shares up, financials downMay 13th, 2009 NEW YORK - US stocks were mixed Tuesday, led higher by energy and pharmaceutical shares but weighed down by the financial and carmaking sectors. Crude oil hit $60 per barrel for the first time in six months Tuesday in New York trading, though it closed at $58.50, fuelling Chevron Corp and Exxon Mobil Co stock gains.
How the Dow Jones industrials and other major stock indexes fared in Monday's tradingApril 28th, 2009 How the major stock indexes fared MondayFinancial stocks dragged Wall Street lower Monday as traders worried that last week's rally was overdone. Investors who had been focused on what banks would pass the government's "stress tests" are now turning to the fallout from the evaluation.
Gold prices dip as remarks from Treasury Secretary Geithner spur buying on Wall StreetApril 21st, 2009 Gold prices dip as stocks move higherNEW YORK — Gold prices are slightly lower as stocks gain ground. Oil prices are flat, while grain prices are up.
Financial stocks up in mixed day on Wall StreetApril 14th, 2009 NEW YORK - A banking rally has helped US stocks make limited gains after mixed trading which began with poor earnings forecasts from planemaker Boeing Co and energy giant Chevron Corp. Financial stocks climbed 4.8 percent Monday, led by Citigroup Inc and Bank of America Corp as many in the sector prepared to release quarterly earnings this week.
Banks push US stocks higherApril 10th, 2009 NEW YORK - A rally of bank shares pushed US stock indices up Thursday after Wells Fargo reported record earnings. Wells Fargo reported a first-quarter profit of $3 billion, surpassing analysts' expectations.
US stocks tumble on GM fate, financial woesMarch 6th, 2009 NEW YORK - US stocks tumbled with all major indexes losing more than fourpercent Thursday as market speculated that General Motors may face bankruptcy and financial shares sank on downgrading worries. In a report released Thursday, auditors of General Motors have raised 'substantial doubt' about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan.
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