Goldman Sachs analyst cuts Aeropostale to 'Sell,' says its stock will likely start to slowOctober 9th, 2009 Goldman Sachs analyst lowers Aeropostale ratingNEW YORK — A Goldman Sachs analyst lowered her rating on Aeropostale Inc. Friday, saying the apparel retailer's stock will likely start to slow as competitors make headway.
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.
Sensex trading in narrow range, up 52 pointsSeptember 3rd, 2009 MUMBAI - Indian equities markets remained dull Thursday, with a key index trading in a narrow range in the afternoon to be 52 points higher than its previous close. At 1.12 p.m., the 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 15,539.34 points, was at 15,519.6 points -- 52.14 points or 0.34 percent higher than Wednesday's close.
P&G shares slide after 4Q results; product prices a problem amid recession, analyst saysAugust 6th, 2009 Procter & Gamble declines after weak 4th quarterNEW YORK — Shares of Procter & Gamble Co. declined on Thursday after the consumer products company posted declines in profit and sales in the fourth quarter, and an analyst said its prices are higher than many rivals.
Most US stocks fall on low consumer confidenceJuly 28th, 2009 NEW YORK - Most US stocks edged lower Tuesday after a private group reported an unexpected setback in a benchmark consumer confidence survey. The New York-based Conference Board's consumer-confidence index fell to 46.6 in July from 49.3 in June on concerns about the job market.
Stocks fluctuate as home sales jump; mixed earnings weigh on market after two-week rallyJuly 27th, 2009 Stocks fluctuate as home sales jump 11 percentNEW YORK — Stocks are fluctuating after the government's report that new home sales rose last month by the largest amount in nearly nine months. The Commerce Department says sales rose 11 percent in June to a seasonally adjusted annual rate of 384,000, from an upwardly revised May rate of 346,000.
Stocks fluctuate after rally; Bernanke says Fed will wean economy from supports but not soonJuly 21st, 2009 Stocks zigzag as Bernanke says Fed has game planNEW YORK — Investors are putting the latest stock rally on hold as fears creep up again about the health of banks. Stocks had been higher in the early going following strong profits at industrial company Caterpillar Inc.
Stocks fluctuate amid better results from Goldman, mixed economic dataJuly 14th, 2009 Stocks seesaw on earnings, mixed economic dataNEW YORK — Investors got the solid results from Goldman Sachs they had been looking for Tuesday, but found little else to calm their nerves about the fragile state of the economy. Stocks fluctuated in a narrow range throughout the day, with some gaining on a handful of strong earnings, and others held in check by downbeat economic data.
Stocks move slightly higher on last day of 2Q, consumer confidence data expectedJune 30th, 2009 Stocks move slightly higher ahead of dataNEW YORK — Stocks are slightly higher in early trading Tuesday with the market on track for its best quarterly performance in more than a decade. After a relatively quiet day of trading Monday, investors are hungry for more signs that the economy is actually growing.
US stocks rise after sharp jump in consumer confidenceMay 27th, 2009 NEW YORK - Stocks climbed more than two percent across the board Tuesday following a dramatic leap in consumer confidence to 54.9 in May, an eight-month high and a steep rise from 40.8 in April. Wall Street's three benchmark indices gained for the first time in five sessions, spurred by optimism that the worst of the recession is over.
Wall Street fluctuates after sell-off; investors look for next catalyst for 2-month rallyMay 12th, 2009 Stocks fluctuate in narrow range after sell-offNEW YORK — Wall Street showed little direction early Tuesday as investors searched for the next catalyst that could extend a two-month rally. Stocks fluctuated in a narrow range a day after Monday's big drop as investors had little economic data and few earnings reports to influence them.
inVentiv adjusts profit goal, but earnings forecast is still in range of analyst expectationsMay 9th, 2009 inVentiv Health narrows profit range for 2009SOMERSET, N.J. — InVentiv Health Inc., which provides services for the pharmaceutical and life sciences industries, narrowed its profit forecast for the year, but still expects a profit in range of analyst estimates.
Wall Street fluctuates in narrow range as investors await reading on manufacturing activityMay 1st, 2009 Stocks fluctuate ahead of manufacturing dataNEW YORK — Stocks are starting May with modest moves ahead of a key reading on U.S. manufacturing.
Private research group says consumer confidence soars in April amid hopeful economic signsApril 28th, 2009 Consumer confidence soars in AprilNEW YORK — A private research group says that consumer confidence soared in April amid hopeful signs that the economy is starting to stabilize. The Conference Board says that its Consumer Confidence Index rose 12 points to 39.2, up from a revised 26.9 in March.
US stocks up for third dayJanuary 27th, 2009 NEW YORK - Major US stock indices closed higher for the third straight trading day as better-than-expected company earnings and hopes for an economic stimulus eclipsed a record decline in consumer confidence and more job cuts. American Express Co shares Tuesday rose nearly 10 percent on a positive fourth-quarter earnings report.