Chesapeake Energy shares climb in premarket trading on increased production outlookOctober 14th, 2009 Ahead of the Bell: Chesapeake shares up on outlookNEW YORK — Chesapeake Energy Corp. shares rose in Wednesday premarket trading, the morning after the natural gas company raised its oil and gas production forecasts for 2009 and 2010 and estimated a strong production boost in 2011.
Stocks advance as service industry index signals growth for first time in a yearOctober 5th, 2009 Stocks rise as service industry activity improvesNEW YORK — The first growth in the service industry in a year and an upgrade of big banks pulled investors into the stock market after a two-week slide. Major stock indicators rose jumped about 1 percent Monday, including the Dow Jones industrial average, which added 112 points.
Department store chains see share loss after economic data disappoints marketsOctober 1st, 2009 Department stores dip after economic data releaseCHICAGO — Shares of the nation's largest department store retailers sagged in trading Thursday after the government and a private group released disappointing manufacturing and jobs reports. Earlier Thursday, the Labor Department said first-time claims for jobless benefits increased more than expected last week — a sign employers are reluctant to hire and the job market remains weak.
Stocks mixed in early trading after unexpected slide in durable goods ordersSeptember 25th, 2009 Stocks zigzag in early tradingNEW YORK — Stocks are zigzagging following a report that new home sales edged higher in August but fell short of economists' expectations. The Commerce Department says new home sales edged up 0.7 percent in August after jumping in July.
Airline trade group says US carriers' August revenue fell 21 percent from August 2008September 21st, 2009 Airline trade group says August revenue fell in USWASHINGTON — A U.S. airline trade group said Monday that its members' passenger revenue fell 21 percent in August over year-earlier results as carriers dropped prices by double-digit percentages and passenger volume continued to fall.
Stocks inch higher after report showing fewer jobs were cut in August than expectedSeptember 4th, 2009 Stocks edge up after positive jobs data for AugustNEW YORK — A slightly better report on the labor market for August is sending stocks higher. Stocks inched up in early trading Friday after the Labor Department said employers cut a total of 216,000 jobs last month, less than the 276,000 jobs lost in July and better than the 225,000 figure analysts had been expecting.
Stocks trade flat after recent losing streak, jobs and retail data fail to lift stocksSeptember 3rd, 2009 Stocks trade flat after jobs data, retail salesNEW YORK — Stocks barely budged Thursday as investors found little in a series of economic reports to push the market higher after a four-day slide. The Labor Department said the number of people filing for unemployment claims fell last week by 4,000 to 570,000.
IntercontinentalExchange: August average daily volume for its futures markets up in yearSeptember 2nd, 2009 ICE says daily volume for futures markets upATLANTA — IntercontinentalExchange Inc., an over-the-counter and futures exchange operator, said Wednesday that August average daily volume for its futures markets increased 34 percent from the same month a year ago. Year-to-date through Aug.
Analyst lifts FedEx 2 notches to 'Outperform,' citing better volume, shaky competitorAugust 28th, 2009 Analyst lifts FedEx 2 notches to 'Outperform'NEW YORK — An analyst upgraded shares of FedEx Corp. to "Outperform" from "Underperform," saying slight improvements in global package volume, wage cuts and the possible bankruptcy of a major trucking company will drive earnings — and in turn, shares — higher.
E-Trade Financial's monthly trading volume dips 4 percent, clients assets fall 15 percentAugust 19th, 2009 E-Trade's monthly volume falls 4 percent in JulyNEW YORK — Retail brokerage firm E-Trade Financial Corp. said Wednesday daily trading volume fell 4 percent in July, while total customer assets fell by 15 percent.
Charles Schwab client trading volume down 14 percent in July from last yearAugust 14th, 2009 Charles Schwab client trading volume down in JulySAN FRANCISCO — Retail brokerage Charles Schwab Corp. said Friday that its clients' daily trading volume fell 14 percent in July from a year ago.
Stocks open slightly lower as Federal Reserve begins meeting; productivity surgesAugust 11th, 2009 Stocks open slightly lower ahead of Fed meetingNEW YORK — Stocks fell moderately in early trading Tuesday as the Federal Reserve begins a two-day meeting that could provide new insight into how the economy is faring. It is widely expected that the central bank will hold interest rates steady at near zero when they end their meeting Wednesday, but investors will be keeping a close watch on what the Fed has to say about the current state of the economy.
GenCorp fiscal 2nd-quarter profit jumps 59 percent, helped by lower costsJuly 7th, 2009 GenCorp 2Q profit surges 59 percent on lower costsSACRAMENTO, Calif. — GenCorp Inc.
NYSE Euronext profit declines to $104 million on pricing pressure, slowing European volumeApril 30th, 2009 NYSE Euronext 1Q profit falls 55 percentNEW YORK — NYSE Euronext said Thursday its first-quarter profit fell 55 percent amid pricing pressure in cash markets and volume declines in Europe. However, the exchange operator's results beat analysts' expectations.
Tokyo stocks close sharply lowerFebruary 11th, 2009 TOKYO - Tokyo stocks closed sharply lower Thursday with the key Nikkei index falling 3.03 percent. The benchmark Nikkei 225 Average plunged 240.58 points to 7,705.36.