Stock of most major airlines up slightly in midday tradingOctober 13th, 2009 Sector Snap: Airlines shares mostly upNEW YORK — The stock of most major U.S. airlines rose slightly in midday trading Tuesday, bettering the slight decline in the broader market.
Stocks seesaw as traders search for clues on whether rally can continue; Palm shares slideSeptember 18th, 2009 Stocks zigzag in tight range a day after slippingNEW YORK — Stocks seesawed in a tight range Friday as investors searched for direction after a strong run that has left stocks up 2 percent for the week. Stocks rose the first three days of the week on good signs for the economy, but edged lower Thursday as investors worried that the rally was overdone.
FX Energy to plug and abandon Ostrowiec-1 well, shares fall 21 pctAugust 27th, 2009 FX Energy to abandon Ostrowiec-1 well, shares fallSALT LAKE CITY — FX Energy Inc. on Thursday said it stopped drilling operations at the Ostrowiec-1 wildcat well, which it plans to plug and abandon because it encountered high pressure nonflammable nitrogen gas and lost circulation while coring the target reservoir.
Stocks put brakes on recent rally, mostly falling after GDP and weekly unemployment reportsAugust 27th, 2009 Stocks mostly fall after GDP data; financials riseNEW YORK — Investors are putting the brakes on the market's recent rally despite more signs that the economy might be stabilizing. Stocks mostly fell Thursday, but were off their lows at midday, after a seven-day winning streak sent the Dow Jones industrials to another high for 2009 the day before.
Gains in financials help stocks erase early losses and move higherAugust 27th, 2009 Stocks reverse early losses, edge higherNEW YORK — The stock market is clinging to its recent rally, overcoming early losses and moving slightly higher. The Dow Jones industrial average extended its gains into an eighth day, rising about 50 points in afternoon trading, after earlier giving up as much as 84 points.
Stocks pull off earlier highs as financials retreat, investors take some profits ahead of dataAugust 24th, 2009 Stocks pull off earlier highs, financials retreatNEW YORK — Investors slowed their hectic buying of stocks Monday, leaving the major indexes little changed after a four-day advance. Stocks pulled back from early highs as financials, which have been surging lately, retreated.
Stocks pause after 4 days of gains as investors take some profits ahead of dataAugust 24th, 2009 Stocks pause from recent gains, financials retreatNEW YORK — Investors slowed their hectic buying of stocks Monday, leaving the major indexes little changed after a four-day advance. Stocks pulled back from early highs as financials, which have been surging lately, retreated.
US stocks edge higher after positive economic forecast, gains in global marketsAugust 20th, 2009 Stocks higher after positive economic forecastNEW YORK — Investors are placing small bets on stocks as they keep getting mixed signals about an economic recovery. Major stock indicators edged higher Thursday, including the Dow Jones industrials, which rose about 35 points.
US stocks post gains on back of financialsAugust 14th, 2009 NEW YORK - US stocks rose Thursday led by the banking sector and sweeping aside reports of a decline in retail sales. The bank rally was spurred after the firm of a prominent hedge fund investor, John Paulson, bought shares in troubled Bank of America Corp and Regions Financial Corp.
Stocks fall amid mixed IMF report on economy, falling oil prices; Investors await earningsJuly 8th, 2009 Anxiety over economic recovery weighs on stocksNEW YORK — Investors can't shake their worries that the economy won't recover by the end of the year. Stocks finished mostly lower after zigzagging for much of the day Wednesday.
Walgreen, Bank of America, Discover, Valero Energy are among big market movers MondayJune 22nd, 2009 Walgreen, Bank of America, Discover are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Walgreen Co., down $1.79 at $29.64
The drugstore operator's prescription sales were up, but higher discounting and administrative expenses ate into third-quarter profit. Bank of America Corp., down $1.28 at $11.94
The bank's shares sold off with broader markets after the World Bank cut its forecast for global economy activity to a 2.9 percent drop.
Investors put 2-month rally on hold; Financials sink as banks raise capital; Dow falls 156May 11th, 2009 Financials pull stocks lower after fanning rallyNEW YORK — Financial stocks fueled Wall Street's rally last week. On Monday, they sent the market into reverse.
Airline stocks mixed, Biden tells his family to avoid airplanesApril 30th, 2009 Sector Snap: Airline stocks mixedNEW YORK — Airline stocks were mixed in midday trading Thursday as investors reacted to better-than-feared news on jobless claims, but the carriers continued to be dogged by worry over the swine flu. Vice President Joe Biden angered some in the airline industry when he said he had told his own family to avoid traveling on airplanes and subways because of the swine flu, which is blamed for more than 150 deaths in Mexico and 120 reported cases in the U.S.
Financial stocks up in mixed day on Wall StreetApril 14th, 2009 NEW YORK - A banking rally has helped US stocks make limited gains after mixed trading which began with poor earnings forecasts from planemaker Boeing Co and energy giant Chevron Corp. Financial stocks climbed 4.8 percent Monday, led by Citigroup Inc and Bank of America Corp as many in the sector prepared to release quarterly earnings this week.
US stocks end low on earning concernsJanuary 5th, 2009 NEW YORK - US stocks ended lower Monday as concerns about a decline in corporate profits overshadowed the prospect that President-elect Barack Obama's tax cut plan will help avert the economic downturn. Dow Jones ended below 9,000 points on the first real trading day of 2009 considered by traders.