Your Search Returned 12 tagged news reports
Goldman Sachs is proposing to buy millions of dollars in assets from struggling mortgage finance giant Fannie Mae , an offer a recent Treasury Department analysis found would not be advantageous for taxpayers, people familiar with the matter said. Treasury's...
Tags: wall street, S&P, U.S, Goldman Sachs, lower open, Treasury Department, active managers, Fannie Mae, jones industrial, industrial average
Stock futures are modestly lower as investors await three reports that could provide insight into potential economic recovery. Retail sales, inflation and business inventories data are due out Tuesday morning. Overseas, Asian markets were mostly higher...
Tags: retail sales, stock futures, lower open, modestly lower, futures fell, futures point, Washington
NPR.org , May 14, 2009 ยท New unemployment claims rose more than expected last week to a seasonally adjusted 637,000 due to auto layoffs, the Labor Department said Thursday. A separate report showed that wholesale prices rose a bigger-than-expected 0.3...
Tags: consumer price, Labor Department, lower open, Treasurys, price index, U.S
Wall Street is continuing its decline ahead of a key report on unemployment...They are instead selling shares as new data suggests the economy might not bounce back as quickly as hoped. The Labor Department's weekly jobless claims report will provide...
Tags: jones industrial, industrial average, lower open, composite index, U.S, jobless claims, S&P, TSX
Stock futures pointed to a lower open Wednesday, reflecting declines in overseas markets and a bigger-than-expected loss by Alcoa. The aluminum maker -- the first of the 30 companies that make up the Dow to report quarterly results -- said late Tuesday...
Tags: stock futures, lower open
You know things have changed on Wall Street when the housing industry saves the day. A surprise government report that home construction picked up in February caught traders off guard and injected a week-old stock market rally with new energy Tuesday.
Tags: wall street, lower open, U.S, housing report, Dow Jones, Federal Reserve, housing starts
The Dow Jones Industrial Average dropped 169.81 points (2.02 per cent) to 8249.28 in opening trade and the Nasdaq composite fell 33.66 points (2.32 per cent) to 1416.14. The Standard & Poor's 500 retreated 17.52 points (2.06 per cent) to 831.29. The major...
Tags: wall street, The Labor Department, lower open, jobless claims, season adjusted, highest level
Novellus earned $1.4 million, or a penny per share, down from a profit of $49.7 million, or 41 cents per share, in the same period last year. Revenue fell 36 percent to $250.1 million from $393.3 million. Analysts, on average, were expecting a profit...
Tags: retail sales, U.S, sales dropped, wall street, lower open, producer price, consumers spending
The hold was expected, after several speeches by Fed officials that suggested inflation was becoming a bigger worry for policymakers.It was the first time in 10 months that the central bank did not cut rates. Last summer the key rate was above 5 percent.The...
Tags: Federal Reserve, lower open, wall street, U.S, stocks head, household spending, positive signs, domestic product, rate unchanged, mixed assessment
Wall Street fluctuated Tuesday, with some investors seeking bargains among financial stocks even as concerns grew about the impact of high fuel costs on consumers and corporate profits. The Conference Board said its June consumer confidence index came...
Tags: stock, share, economy, consumers confidence, Federal Reserve, wall street, lower open, fuel costs, index came, stock head