Stock Market News
- Bond Spreads at Narrowest This Year Lure GMAC: Credit Markets Thursday, March 11, 2010 @ 6:01AMMarch 11 (Bloomberg) -- Corporate bond yields fell to the lowest this year relative to benchmark government securities, luring GMAC Inc. to sell its longest-maturity notes since 2004.
- Smithfield Foods Reports Third Quarter Results Thursday, March 11, 2010 @ 6:00AMSmithfield Foods, Inc. today reported fiscal 2010 third quarter results.
- Bulgari Announces Collaboration With British Fashion Designer Matthew Williamson Thursday, March 11, 2010 @ 6:00AMROME, ITALY--(Marketwire - 03/11/10) - Bulgari has appointed British fashion designer Matthew Williamson to design a capsule collection of handbags for Spring/Summer 2011. The capsule collection will be the first collaboration between Bulgari and a fashion designer, and will be presented during Milan Fashion week in September 2010. Matthew Williamson rose to fame after showing his debut ...
- Local.com® Executives to Present at the ROTH Capital Partners 22nd Annual OC Growth Stock Conference Thursday, March 11, 2010 @ 6:00AMIRVINE, Calif.----Local.com Corporation , a leading local search site and network, announced that the company will be a featured presenter at ROTH’s 22nd Annual OC Growth Stock Conference being held at the Ritz-Carlton in Dana Point, Calif., March 15-17, 2010.
- Sprott Inc. announces fourth quarter and 2009 year end results Thursday, March 11, 2010 @ 6:00AMSprott Inc. today announced its financial results for the three- and 12-month periods ended December 31, 2009.
- Market Commentary and Intraday News Thursday, March 11, 2010 @ 5:57AM(AP:PLANO, Texas) Movie theater operator Cinemark Holdings Inc. said late Wednesday that it will boost the number of 3-D screens it operates to between 1,100 to 1,300 by the end of the year, up from 400, after a major round of financing came through.
- ECB keeps rate unchanged at one per cent Tuesday, March 9, 2010 @ 3:05AMOn Monday, March 1, the ECB announced its weekly Main Refinancing Operation (MRO). This auction, which was conducted on Tuesday, attracted bids for €80.46 billion from euro area eligible counterparties, which amount was allotted in full at a fixed rate equivalent to the prevailing main refinancing rate of one per cent in accordance with the current ECB policy.
- Business & Finance Tuesday, March 9, 2010 @ 3:05AMDaily currency report - Commercial Foreign Exchange Travelex Malta, freephone: 800 733 22, www.travelex.com/mt/ Sterling was able to claw back some the losses incurred at the start of the week, but remains vulnerable to a further sell-off. US employers only...
- Social Security Depletion: Is The Fear Justified? Tuesday, March 9, 2010 @ 3:04AMScary headlines about the depletion of the Social Security program have been in the news for years.
- (AFX UK Focus) 2010-03-09 08:34 GREECE - Factors to Watch on March 9 Tuesday, March 9, 2010 @ 3:00AMATHENS, March 9 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Tuesday:
- New corporate dealmaking leaves stock market mixed Tuesday, March 9, 2010 @ 2:59AMNEW YORK -- Stocks ended mixed after a round of mergers and acquisitions raised hope for the economy.
- BUSINESS BRIEFS Tuesday, March 9, 2010 @ 2:58AMBrazil will raise tariffs on 102 U.S. exports, including wheat, cars, boats and chewing gum, and break patents worth $238 million in a bid to force the U.S. to end subsidies to cotton producers.
- Asian Stocks Rise to Six-Week High on U.S. Jobs Data, Sarkozy Monday, March 8, 2010 @ 1:13AMMarch 8 (Bloomberg) -- Asian stocks rose, driving the MSCI Asia Pacific Index to a six-week high, as better-than-estimated U.S. jobs data and a pledge by French President Nicolas Sarkozy to support Gr...
- /C O R R E C T I O N -- Universal Travel Group / Monday, March 8, 2010 @ 1:12AMUTA over PR Newswire Asia, we are advised by the Company that the first paragraph under the section titled, "Fourth Quarter 2009 Financial Results" should read "Revenue for the three months ended
- Asia stocks up as US jobs data lift recovery hopes Monday, March 8, 2010 @ 1:12AMAsian stocks gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.
- (AFX UK Focus) 2010-03-08 06:55 Spanish stocks - Factors to watch on Monday Monday, March 8, 2010 @ 1:12AMMADRID, March 8 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
- (AFX UK Focus) 2010-03-08 07:10 UPDATE 1-NORDIC STOCKS - Factors to watch on March 5 Monday, March 8, 2010 @ 1:11AMHELSINKI, March 5 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Friday:
- Li & Fung Climbs as U.S. Jobless Rate Holds Steady (Update1) Monday, March 8, 2010 @ 1:11AMMarch 8 (Bloomberg) -- Li & Fung Ltd., the biggest supplier for retailers including Wal-Mart Stores Inc., climbed the most in more than a month in Hong Kong trading after U.S. jobless numbers indicated an improvement in the labor market.
- Busy week for IPOs, but are prices right? Monday, March 8, 2010 @ 1:07AMNEW YORK — This week is shaping up to be a busy one for market debuts with four companies planning IPOs — a sign that the battered sector is again picking up steam. Still, the deals are generating little buzz and the companies may have to cut...
- Bursa Malaysia Expects Second Year of Profit Growth on Economy Monday, March 8, 2010 @ 1:06AMMarch 8 (Bloomberg) -- Bursa Malaysia Bhd. , the country’s stock exchange manager, expects profit to increase for a second year as the economy recovers and the government accelerates efforts to open the market to foreign investors.
- Hendersonville man convicted of swindling millions from investors Friday, March 5, 2010 @ 11:32PMASHEVILLE — A jury found a Hendersonville man guilty of swindling investors in his company out of millions of dollars.
- National briefs: 3/6/10 Friday, March 5, 2010 @ 11:25PMWASHINGTON -- New York Democratic Rep. Eric Massa, facing a harassment complaint by a male staffer, said Friday that he is stepping down from his seat with "a profound sense of failure."
- La Jolla Pharmaceutical, Adamis Pharmaceuticals to terminate merger agreement Friday, March 5, 2010 @ 11:25PMLa Jolla Pharmaceutical Company today announced that La Jolla and Adamis Pharmaceuticals Corporation have agreed to terminate their merger agreement relating to the proposed merger of the two companies.
- FBM KLCI may challenge 1,300-point level Friday, March 5, 2010 @ 11:21PMThe FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) is likely to challenge the 1,300-point level next week with investors looking for new catalysts to propel the market indices, dealers said.
- RCN hooks up with Boston firm Friday, March 5, 2010 @ 11:20PMRCN Corp. executives have been so frustrated by investor indifference to recent network expansions and cable innovations...
- US Apple iPad launch slightly delayed to April 3 Friday, March 5, 2010 @ 5:20PMNEW YORK - The much-anticipated iPad tablet computer from Apple Inc. will start hitting U.S. store shelves on April 3, slightly later than originally planned.
- Business Highlights Friday, March 5, 2010 @ 5:18PMThe unemployment rate held at 9.7 percent in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market is slowly healing but that significant hiring has yet to occur.
- Biloxi Marsh Lands Corporation Announces Results for the Fourth Quarter of 2009, 12 Months ending December 31, 2009 Friday, March 5, 2010 @ 5:18PMMETAIRIE, La.----Biloxi Marsh Lands Corporation announces results for the periods ending December 31, 2009 and provides update. Total revenue for the year ending December 31, 2009 was $23,008,898 compared to total revenue of $2,960,529 in 2008.
- Google buys DocVerse for sharing Microsoft software Friday, March 5, 2010 @ 5:17PMGoogle, trying to encourage more people to use Web-based applications, acquired DocVerse, which lets users share Microsoft Office programs over the Internet.
- Learning How to Hedge Yourself, Not Just Your Portfolio Friday, March 5, 2010 @ 5:15PMGauging human capital, meaning a person’s future earnings, is getting more attention as unemployment becomes a bigger factor in personal finances.
- Kraft’s Tang Makeover Led to 30% Sales Jump Abroad Last Year Friday, March 5, 2010 @ 5:14PMMarch 5 (Bloomberg) -- Tang , the powdered drink once consumed by orbiting U.S. astronauts, is helping Kraft Foods Inc. increase sales and profit in developing markets.
- Culinary tour of Sendai Friday, March 5, 2010 @ 5:14PMDespite playing second fiddle to tourist hotspots like Tokyo and Kyoto, northeastern Japan’s Sendai has lots to offer, especially its glorious food.
- Verizon Communications Recommends Rejection of Below-Market-Price Mini-Tender Offer by TRC Capital Friday, March 5, 2010 @ 5:14PMNEW YORK, March 5 /PRNewswire/ -- Verizon Communications Inc. (NYSE: VZ) has recently learned of an unsolicited "mini-tender offer" made by TRC Capital Corp.
- Miracle Cancer Drug Extends Life With $48,720 Cost (Update1) Friday, March 5, 2010 @ 5:13PMMarch 5 (Bloomberg) -- George Demetri had witnessed countless near-death experiences in his career as a cancer doctor. This time, the life of a drug was on the line.
- Bhindranwale T-shirts, made in China, sold in Punjab Wednesday, March 3, 2010 @ 4:01PMBhindranwale may seem a long way from Beijing, but trust the great Chinese assembly line to go the distance.
- Facebook Valued at $11.5 Billion in SharesPost Index (Update2) Wednesday, March 3, 2010 @ 4:01PMMarch 3 (Bloomberg) -- Facebook Inc., the largest social networking site, was valued at $11.5 billion in a new index created by SharesPost Inc., a marketplace for trading in private companies.
- Zacks Analyst Blog Highlights: XTO Energy, EOG Resources, Anadarko Petroleum Corp., EnCana Corp. and Devon Energy Corp. Wednesday, March 3, 2010 @ 4:00PMCHICAGO----Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
- Roma Financial Corporation Issues Corrected Fourth Quarter 2009 Earnings Release Wednesday, March 3, 2010 @ 4:00PMROBBINSVILLE, N.J. -- Roma Financial Corporation , the holding company of Roma Bank and RomAsia Bank, announced it is issuing a correction to its press release issued earlier today, reporting its financial condition and results of operation for the three months and year ended December 31, 2009.
- Constellation Software Inc. Announces Results for the Fourth Quarter and Year Ended December 31, 2009 and Declares ... Wednesday, March 3, 2010 @ 4:00PMTORONTO, ONTARIO--(Marketwire - 03/03/10) - Constellation Software Inc. (TSX: CSU - News ) ("Constellation" or the "Company") today announced its financial results for the fourth quarter and fiscal year ended December 31, 2009, and declared a $0.26 per share dividend payable on March 31, 2010 to all common shareholders and class A non-voting shareholders of record at close of business on March ...
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- Take-Two posts smaller 1Q loss, higher sales Wednesday, March 3, 2010 @ 3:59PMVideo game publisher Take-Two Interactive Software Inc. posted a smaller net loss for its fiscal first quarter Tuesday as its sales climbed and expenses declined.
- European Stocks Rise to Six-Week High; Xstrata, Kazakhmys Surge Wednesday, March 3, 2010 @ 10:56AMMarch 3 (Bloomberg) -- European stocks climbed to a six- week high as basic-resource producers rallied with metal prices and Greece announced 4.8 billion euros ($6.6 billion) of additional deficit cuts.
- Novell Soars After Elliott Makes $2 Billion Offer (Update3) Wednesday, March 3, 2010 @ 10:55AMMarch 3 (Bloomberg) -- Novell Inc. soared as much as 29 percent in Nasdaq trading after shareholder Elliott Associates LP made an unsolicited $2 billion takeover offer, signaling that investors expect a bidding war.
- Colombia Peso Falls Most in a Month on Central Bank Purchases Wednesday, March 3, 2010 @ 10:55AMMarch 3 (Bloomberg) -- Colombia’s peso fell the most in a month after the central bank said it would buy $20 million in daily auctions through the first half of the year.
- Ex-Galleon Manager Pollock Plans Stock Hedge Fund at CastleBay Wednesday, March 3, 2010 @ 10:52AMMarch 3 (Bloomberg) -- Justin Pollock , a former portfolio manager at Galleon Group, and three others he worked with in Singapore at the U.S. firm that closed, joined CastleBay Capital Management Pte and will start an Asian equity hedge fund.
- Ping An Shares Rise After Report Bank Acquisition Plan Approved Sunday, February 28, 2010 @ 11:58PMPing An Insurance (Group) Co. shares opened higher in Shanghai after a report it had won government approval for a plan to acquire Shenzhen Development Bank Co.
- Yahoo features link services with Twitter Sunday, February 28, 2010 @ 11:57PMYahoo has something new to yodel about: tweets. In its latest attempt to make its Web site more compelling, Yahoo Inc. is plugging its services into the rapidly growing craze of posting short messages, or “tweets,” on Twitter.
- AIG May Sell AIA Unit to Prudential for $35 Billion (Update1) Sunday, February 28, 2010 @ 11:55PMMarch 1 (Bloomberg) -- American International Group Inc. may sell an Asian life insurance unit to Prudential Plc for more than $35 billion, the company’s largest asset sale since a U.S. government bailout in 2008, people briefed on the matter said.
- Philippine shares end higher, led by PLDT Sunday, February 28, 2010 @ 11:52PMMANILA, Philippines - Local shares closed higher on Monday led by market heavyweight Philippine Long Distance Telephone Co. (PLDT), which was expected to report strong earnings for 2009.
- NZX CLOSE: NZ shares rise; GPG gains on Coats, PPL up before earnings Sunday, February 28, 2010 @ 11:50PMNew Zealand shares rose for a fourth day as investment group Guinness Peat Group reported an improved performance from its Coats unit and said a “value return” to shareholders was top priority. Pumpkin Patch, the children’s clothing chain, climbed ahead of its results tomorrow.
