Stocks waver as market absorbs mixed news on home prices and consumer confidenceSeptember 30th, 2009 Stocks waver on housing, consumer confidence dataNEW YORK — The latest batch of mixed economic data is making it difficult for stocks to take direction. Stocks wavered early Tuesday after the Conference Board said its consumer confidence index fell to 53.1 in September, down from 54.5 in August, and much lower than the reading of 57 that economists had been expecting.
Hotel industry sees brighter times aheadSeptember 19th, 2009 CHENNAI - The hospitality sector is poised for brighter days after a bad year that saw its turnover falling by 25-40 percent, according to a hotel industry official. "Prudent cost-control measures coupled with government initiatives like the Visit India campaign has helped the hotel industry," South Indian Hotels and Restaurants Association (SHIRA) president M.P.
Stocks open modestly higher as investors look to build on market's recent momentumAugust 24th, 2009 Stocks open higher, investors build on momentumNEW YORK — Investors are building on last week's momentum that sent major indexes to their highest levels of the year, pushing stocks higher in early trading. The moderate advance Monday follows gains in overseas markets.
Earnings schedule for week of 8/17/09August 13th, 2009 Earnings schedule for week of 8/17/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday
MOORESVILLE, N.C. — Lowe's Cos.
Major companies tentatively scheduled to report earnings for week of 8/3/09July 30th, 2009 Earnings schedule for week of 8/3/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday
THE WOODLANDS, Texas — Anadarko Petroleum Corp. releases second-quarter financial results.
Economic Survey for diamond processing, jewellery sector integrationJuly 2nd, 2009 NEW DELHI - The Economic Survey tabled in parliament Thursday has sought the integration of diamond processing sector with jewellery manufacturing so as to boost exports. "Forward integration of the diamond processing sector to jewellery manufacturing, where the value addition achieved is the highest, will help in boosting the export performance once the existing economic downturn passes by, the survey said.
Hotel stocks trade mixed after bearish forecast and sector downgrade by Barclays analystJuly 1st, 2009 Hotel stocks trade mixed after sector downgradeNEW YORK — Hotel companies' shares were mixed on Wednesday afternoon after a Barclays Capital analyst, calling herself "extremely bearish," downgraded the lodging sector and said an industry recovery is likely to lag far behind an economic recovery. Barclays analyst Felicia Hendrix lowered the sector to a "Negative" rating from "Neutral." She also cut her ratings to "Underweight" from "Equal Weight" for three major hotel companies: Starwood Hotels & Resorts Worldwide Inc., Marriott International Inc.
Stock futures narrowly mixed, pointing to mixed opening for stocksJune 12th, 2009 Stock futures trading in narrow rangeNEW YORK — Stock futures are trading in a narrow range Wednesday as investors prepare for a key reading on orders to U.S. factories and the latest in a series of housing reports as the government releases data on new home sales.
Stocks open lower on worries over labor market, economy following 4-day advanceJune 3rd, 2009 Wall Street opens lower after advanceNEW YORK — Worries about the labor market and the overall health of the economy sent stocks lower early Wednesday. The decline in U.S.
Stocks turn lower, breaking a 4-day advance, despite better indicator on factory ordersJune 3rd, 2009 Better data on factory orders fails to lift stocksNEW YORK — Investors are sending stocks lower, finding little comfort in data showing an ease of the economy's slide. The slide early Wednesday broke a four-day advance in the market, and many analysts said a pullback was due after the strong rise since last week.
Treasurys rise along with stocks after government releases April jobs dataMay 9th, 2009 Treasurys rise after April jobs dataNEW YORK — Treasury prices rose Friday after mixed economic data led investors to buy back into government debt. The Labor Department's April jobs report was somewhat reassuring to investors worried about the economy.
Earnings schedule for week of 05/04/09April 30th, 2009 Earnings schedule for week of 05/04/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday:
CINCINNATI — The E.W. Scripps Co. releases first-quarter financial results.
Malaysia removes ethnic ownership cap for some services investments to help boost economyApril 22nd, 2009 Malaysia removes ethnic rule for some investmentsPUTRAJAYA, Malaysia — Malaysia's government said Wednesday it will immediately remove a 30 percent requirement for ethnic Malay ownership of investments in parts of the services sector as it tries to boost the country's flagging economy. Prime Minister Najib Razak said the move is mainly in the areas of health and social services, tourism, transport, business and computer-related services.
Calendar of major business events scheduled for ThursdayApril 22nd, 2009 Major business events scheduled for ThursdayMajor business events and economic events scheduled for Thursday:
NEW YORK — Major retailers report sales results. WASHINGTON — Labor Department releases weekly jobless claims, 8:30 a.m.
Calendar of major business events scheduled for WednesdayApril 21st, 2009 Major business events scheduled for WednesdayMajor business events and economic events scheduled for Wednesday:
WASHINGTON — Federal Reserve releases consumer credit data for August, 3 p.m. WASHINGTON — House Financial Services Committee hearing on the over-the-counter derivative market.
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