Stocks start busy week of earnings higher after upbeat report from Royal Philips ElectronicsOctober 12th, 2009 Stocks open moderately higher ahead of earningsNEW YORK — Stocks are extending recent gains at the start of a busy week of earnings. Major market indicators rose moderately early Monday, getting a boost from European stocks, which jumped after Royal Philips Electronics issued a better-than-expected profit report.
Stock futures climb after surprising profit from Alcoa, drop in initial jobless claimsOctober 8th, 2009 Stocks appear headed to sharply higher openingNEW YORK — Stocks appear headed to a sharply higher opening Thursday after Alcoa kicked off earnings season with an unexpected profit and weekly jobless claims fell more than expected. A number of big retailers, meanwhile, reported lower September sales at stores open at least a year but some still beat analysts' expectations.
Stock futures climb after surprising profit from Alcoa; ahead of weekly jobless reportOctober 8th, 2009 Stocks futures point to sharply higher openingNEW YORK — Stock futures are pointing to a sharply higher opening Thursday after Alcoa kicked off earnings season with an unexpected profit, helping to boost investors' hopes for an economic recovery. Investors are also awaiting a weekly report on jobless claims and same-store sales data from retailers for signs of economic improvement.
Stocks open higher after surprising profit report from Alcoa, better jobless claims numbersOctober 8th, 2009 Stocks climb after Alcoa report, better jobs dataNEW YORK — Stocks have resumed their climb after Alcoa kicked off earnings season with an unexpected profit and the government reported a drop in initial claims for jobless benefits. Several big retailers, meanwhile, are reporting better sales for September than the market had anticipated.
US stocks up as earning season beginsOctober 8th, 2009 NEW YORK - Stocks rose Thursday on Wall Street after aluminium giant Alcoa Inc kicked off earnings reports for the quarter with a surprising profit after three straight quarters of losses. Alcoa, which announced its earnings after markets closed Wednesday, saw its shares increase 1.1 percent to $14.35 per share on the news.
Stocks open higher after surprising profit from Alcoa, drop in initial jobless claimsOctober 8th, 2009 Stocks climb higher after Alcoa report, jobs dataNEW YORK — Stocks are higher after Alcoa kicked off earnings season with an unexpected profit and initial claims for jobless benefits fell more than expected. Sales at a number of big retailers, meanwhile, are coming in better than Wall Street expected.
Stocks try to rebound after 2 weeks of declines; investors eye services sector activity reportOctober 5th, 2009 Stocks futures point to higher openingNEW YORK — Stock futures rose Monday, pointing to a higher opening as the market tries to rebound from two consecutive weeks of declines as disappointing economic news mounts. Investors will examine a report on business activity in the services sector for signs of an improving economy.
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 open slightly higher after retail sales, weekly unemployment reports, Wal-Mart earningsAugust 13th, 2009 Stocks creep higher after jobs, retail dataNEW YORK — Stocks are pushing moderately higher after a better-than-expected earnings report from Wal-Mart helped to offset disappointing data on jobs and retail sales. Investors are hesitantly adding to Wednesday' big gains, which came after upbeat comments from the Federal Reserve.
Stocks extend recent gains after latest earnings, mixed report on jobs marketJuly 23rd, 2009 Stocks slightly higher amid latest earningsNEW YORK — Stocks moved slightly higher in early trading Thursday as the latest earnings reports helped the market extend its recent gains. The day's earnings news was generally positive.
US stocks crawl higher after Goldman Sachs earningsJuly 15th, 2009 NEW YORK - US stocks edged up Tuesday after Goldman Sachs posted surprising quarterly earnings and retail earnings rose by the most since January. Goldman Sachs overwhelmed Wall Street expectations, earning $2.7 billion in the second quarter of the year despite the ongoing economic crisis, its best performance since a record year in 2007.
Stocks open higher as report says employers cut fewer-than-expected jobs in MayJune 5th, 2009 Stocks jump on better-than-expected jobs reportNEW YORK — Investors are cheering a government report that said employers cut fewer jobs than expected last month. Stocks rallied in the early going Friday after the Labor Department said 345,000 jobs were lost in May, significantly less than the half-million economists had been expecting and the fewest since September.
How the Dow Jones industrials and other major stock indexes fared in Wednesday's tradingJune 3rd, 2009 How the major stock indexes fared on WednesdayInvestors waiting for earnings reports to start rolling in held to modest moves after a two-day spike in stocks. Stocks ended narrowly mixed Wednesday as financial and energy stocks rose, while industrial, material and technology stocks fell.
Stocks open moderately higher despite worse-than-expected reading on the economyApril 29th, 2009 Stocks open slightly higher after 2 days of lossesNEW YORK — Investors are sending stocks higher following two days of losses, even after a worse-than-expected reading on the economy. The Commerce Department says the gross domestic product shrank at an annual rate of 6.1 percent at the start of this year.
US aluminum giant Alcoa to cut 13,500 jobsJanuary 6th, 2009 NEW YORK - The largest US aluminium maker, Alcoa, announced Tuesday that it would cut its global workforce by 13,500 jobs, or 13 percent, by the end of the year amid the widening recession. Alcoa will also slash an additional 1,700 contractor positions.