Stocks gain momentum, on track for best week since July; Dollar rebound keeps advance in checkOctober 9th, 2009 Stocks edge higher, adding to the week's big gainsNEW YORK — The stock market is keeping its momentum going and giving stocks their best week in more than two months. The Dow Jones industrial average is at a new high for the year as health care and utility stocks rise.
American Financial Group to record 42-cents per share 4th-qtr gain on sale of Verisk sharesOctober 9th, 2009 American Financial to book 4Q gain on Verisk saleCINCINNATI — American Financial Group Inc. on Friday said it will report an after-tax realized gain of about $50 million after selling a portion of its holdings in Verisk Analytics Inc.
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.
Indian equities move up after strong openingAugust 24th, 2009 NEW DELHI - Indian equities opened on a strong note Monday and moved up further on strong global cues to extend the gains for the third straight trading day. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 15,362.93 points, as opposed to Friday's close at 15,240.83, and was ruling at 15,531.76 points, an hour into trade - a gain of 290.93 points, or 1.91 percent.
Swift Energy closes offering of 5.4 million shares; underwriters' option fully exercisedAugust 10th, 2009 Swift Energy closes public offering of 5.4M sharesHOUSTON —Oil and natural gas producer Swift Energy Co. said Monday that it closed a public offering of 5.4 million shares of its common stock.
Visa sells more $1 billion worth of shares in Brazilian business under IPOJuly 1st, 2009 Visa sells shares of Brazilian business under IPOSAN FRANCISCO — Visa Inc. on Wednesday said that through its international subsidiary, it has sold roughly 136.5 million shares of its Brazilian business in connection with its initial public offering.
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.
US stocks fall sharply on commodities and poor tech salesJune 17th, 2009 NEW YORK - US stocks fell sharply for a second straight day Tuesday amid a poor quarterly report from Best Buy and a decline in commodity shares. Best Buy, the world's largest electronics retailer, said first-quarter profits fell 15 percent amid restructuring costs, pulling shares down more than 7 percent.
US stocks rise on retail, oil and interest ratesJune 12th, 2009 NEW YORK - US stocks posted gains Thursday amid a drop in long-term borrowing costs, a rise in oil prices and improving US retail sales. The stock gains sent the Standard & Poor's 500 Index to its highest level of 2009.
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.
Stocks mostly gain as oil hits high for the year, Home Depot issues upbeat earnings forecastJune 10th, 2009 Stocks mostly rise on oil, Home Depot forecastNEW YORK — Stocks are again getting a lift from commodity prices. Most stocks rose Wednesday as the price of oil touched a new high for the year above $71 a barrel and prices for metals and other materials pushed higher.
Berkshire Hathaway sells 2.4M more shares of Constellation Energy obtained in failed takeoverMay 14th, 2009 Berkshire sells 2.4M more Constellation sharesOMAHA, Neb. — Billionaire Warren Buffett's company sold more of the 20 million shares of Constellation Energy Group Inc.
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.
Investors push stocks higher, relieved by better-than-expected jobs data, stress test resultsMay 9th, 2009 Stocks rise on better-than-expected jobs dataNEW YORK — Stocks soared Friday as Wall Street cheered the positive news it had been hoping for: Job losses slowed in April and big banks don't need as much capital as some had feared. All the major indicators rose more than 1 percent, including the Dow Jones industrial average, which jumped 165 points.
How the Dow Jones industrials and other major stock indexes fared in Tuesday's tradingApril 28th, 2009 How the major stock indexes fared TuesdayStocks finished mixed but well off their lows as early concerns about stock offerings eased and rising oil prices boosted energy stocks. Investors shifted into defensive corners of the market, driving up shares of drugmakers like Pfizer Inc.
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