Stocks end lower, enjoy a strong August - Comments Off
Averages end day lower, but August is strong overall thanks to techs. Iran tensions push oil back to $70. Lockheed Martin wins moon vehicle contract; Bristol-Myers Squibb gets a big win on its Plavix patents. Retailers overall have an OK August.
Stocks dip as investors await data (AP) - Comments Off
AP - Wall Street ended an aimless session barely lower Thursday after investors shrugged off comments about productivity by Federal Reserve Chairman Ben Bernanke and awaited the government's August employment report. The major indexes ended August with gains.
At Costco, blame the brass - Comments Off
Costco's top execs would have you believe that the economy's to blame for the club store's sales problems. Don't be so quick to believe them.
Lou Gehrig and a tiny drug stock - Comments Off
I'm buying shares of CytRx, which just received a big payment from a key nonprofit interested in a drug that would help fight Lou Gehrig's disease.
Medical stock passes the value test - Comments Off
Iran keeps crude oil above $70 - Comments Off
Iran worries keep oil above $70, but stocks rise modestly, helped by technology strength and lower interest rates. Costco dumped on disappointing outlook. Large domestic oil, gasoline supplies push energy stocks lower.
Making dough in private equity - Comments Off
Euronext sets December NYSE vote (Reuters) - Comments Off
Reuters - Pan-European bourse operator Euronext
said it would ask shareholders to vote in December on
its merger plan with NYSE Group as it posted a surge in
quarterly profits, albeit below analysts' forecasts.
U.S. crude supplies rise on flood of imports: EIA (Reuters) - Comments Off
Reuters - U.S. crude oil supplies rose more than
expected last week as imports surged to their second highest on
record, the federal government said on Wednesday.
AFP - European stock market operator Euronext has announced a 63-percent rise in net profit for the second quarter and said its proposed merger with the New York Stock Exchange would be finalised early next year.







