123jump.com Staff
30 Nov, -0001
New York City
In the morning trading hour news on oil, MidAmerican purchase of PacifiCorp for $4.5 B cash plus debt, and news on Dollar and gold drove investors on selective buying. OECD trims the developed economy forecast, Vodafon in the UK narrows loss, Gruner+Jahr to sell the U.S. magazine group, and Microsoft and Google in race to enhance visual search experience.
123jump.com Staff
30 Nov, -0001
New York City
Apple shares trade higher on news of talks with Intel to use chips for Apple products. Google and Pixar shares were up by 5.7% and 4.5%. Campbell met the earnings estimates. Tuesday Fed releases its May 3rd minutes of meeting transcript and NAR releases existing home sales. On earnings watch Costco, AutoZone, Petco, Boeing, Toll Brothers, Medtronics are scheduled this week.
123jump.com Staff
30 Nov, -0001
New York City
Apple shares trade higher on news of talks with Intel to acquire chips for Apple products. Several tech and Internet stocks trade higher in the morning rally. Tuesday Fed releases its May 3rd minutes of meeting transcript and NAR releases existing home sales. On earnings watch Campbell Soup, Costco, AutoZone, Petco, Boeing, Toll Brothers, Medtronics are scheduled this week.
123jump.com Staff
30 Nov, -0001
New York City
Apple shares trade higher on news of talks with Intel to use chips for Apple products. Several tech and Internet stocks trade higher in the morning rally. Tuesday Fed releases its May 3rd minutes of meeting transcript and NAR releases existing home sales. On earnings watch Costco, AutoZone, Petco, Boeing, Toll Brothers, Medtronics are scheduled this week.
123jump.com Staff
30 Nov, -0001
New York City
Tuesday Fed releases its May 3rd minutes of meeting transcript and NAR releases existing home sales and on Thursday Commerce Department is to release 2Q GDP estimate and April durable orders. Campbell Soup, Costco, AutoZone, Petco, Boeing, Toll Brothers, Medtronics earnings will be watched by market.
123jump.com Staff
30 Nov, -0001
New York City
After a week of 3% gain, traders are taking profit before the weekend. The light trading in equity markets, oil and metals markets are taking fewer stocks higher in the morning trading. Maytag bonds may be downgraded.
Taiwan, Korea, Mexico, and France are already feeling the heat of oil price spike and lowering their GDP forecast and market expects UK to do so soon. Dollar is attempting to rally after three long years of bear market.
123jump.com Staff
30 Nov, -0001
New York City
After a week of 3% gain, traders are taking profit before the weekend. The light trading in equity markets, oil and metals markets are taking fewer stocks higher in the morning trading. Taiwan, Korea, Mexico, and France are already feeling the heat of oil price spike and lowering their GDP forecasts and market expects UK to join. Dollar is attempting to rally after three years of bear market.
123jump.com Staff
30 Nov, -0001
New York City
After a week of 3% gain, traders are taking profit before the weekend. The light trading in equity markets, oil and metals markets are taking fewer stocks higher in the morning trading. Taiwan and Korea are already feeling the heat of oil price spike and lowering their GDP forecast and UK may do so soon.
123jump.com Staff
30 Nov, -0001
New York City
After a week of 3% gain, traders are taking profit before the weekend. The light trading in equity markets, oil and metals markets are taking fewer stocks higher in the morning trading. Taiwan and Korea are already feeling the heat of oil price spike and lowering their GDP forecast and UK may do so soon. Paper pulp prices are trading higher on the third day of national strike in Finland.
123jump.com Staff
30 Nov, -0001
New York City
After three days of advance, the market was in a quite mood. On a day when few earnings are reported fewer stocks are trading up. Tech stocks are trading higher on Motorola announcing to buy-back up to $4B of stocks. Most retailers reporting earnings traded better than 4%. Casinos stocks and shares of Apple, Yahoo and Pixar traded up more than 2%. Wal-Mart is conceding that it is better to have Netflix run its online DVD rental business, in the morning Netflix soared by 15% closing up 4%.
123jump.com Staff
30 Nov, -0001
New York City
After three days of advance, the market is in a quite moods. On a day when only few earnings are reported fewer stocks are trading up. Tech stocks are trading higher on Motorola announcing to buy-back up to $4B of stocks. Apple, Google, Yahoo and Pixar are trading up more than 2%. Wal-Mart is conceding that it is better to have Netflix run its online DVD rental business.
123jump.com Staff
30 Nov, -0001
New York City
After three days of advance,the market is in a quite moods. On a day when only few earnings are reported fewer stocks are trading up. Tech stocks are trading higher on Motorola announcing to buy-back up to $4B of stocks. Wal-Mart is conceding that it is better to have Netflix run its online DVD rental business.
123jump.com Staff
30 Nov, -0001
New York City
While April CPI of 0.5% was higher than 0.4% estimates the flat core CPI brought buyers to the market. Home builders such as Toll Brothers, Hovnaian, Lennar and Beazer registered better than 6% gains. Retailers continue to deliver positive reports, ANF, Talbots, Nordstrom delivered better-than-expected but Borders Group, Hancock Fabric disappointed. Yum jumped by 2% and Borders disappointed market with a quarterly loss.
123jump.com Staff
30 Nov, -0001
New York City
While April CPI of 0.5% was higher than 0.4% estimates the flat core CPI brought buyers to the market. Home builders such as Toll Brothers, Hovnaian, Lennar and Beazer registered better than 4% gains. Retailers continue to deliver positive reports, ANF, Talbots,NordStrom delivered better-than-expected but Borders Group, Hancock Fabric disappointed. Yum jumped by 2% and Borders disappointed market with a quarterly loss.
123jump.com Staff
30 Nov, -0001
New York City
While April CPI of 0.5% was higher than 0.4% estimates the flat core CPI brought buyers to the market. Home builders such as Toll Brothers, Hovnaian, Lennar and Beazer registered early gains. Retailers continue to deliver positive reports, ANF, Talbots,NordStrom delivered better-than-expected but Borders Group, Hancock Fabric disappointed. Yum jumped by 2% and Borders disappointed market with a quarterly loss.