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ChevronTexaco Profit Misses Expectations
AP - ChevronTexaco Corp.'s first-quarter profit edged up by 4 percent, but didn't live up to analysts' expectations because oil refinery outages prevented it from taking full advantage of the high gasoline prices that have been tormenting motorists.
Yen Slips on Yuan Talk, Missile Test
Reuters - The yen erased some of the previous
session's gains on Monday as talk cooled that China was about
to relax the yuan peg and after reports that North Korea may
have fired a missile into the Sea of Japan.
Correction: Earns-Microsoft Story
AP - In an April 28 story about Microsoft's third-quarter earnings, The Associated Press erroneously reported that projected company financial figures were for the fiscal year ending June 30.
Dollar weakens on dovish Fed
Reuters - The dollar headed toward a six-week
low against the yen and lost half a percent against the euro on
Wednesday after the U.S. Federal Reserve raised rates but
sounded less hawkish than markets had expected.
Yen rally fades, China cools revalue talk
Reuters - The yen paused after a month-long rally
on Thursday as comments from China's finance minister dampened
speculation that the country was about to revalue its currency.
Stock futures flat before jobs report
Reuters - U.S. stock futures pointed to a flat
open on Friday as investors stand on the sidelines before the
monthly jobs data due at 8:30 a.m. EDT (1230 GMT), which will
offer clues into the health of the economy.
Soybeans, Grains Increase
AP - Soybeans, Grains Increase
Investors to keep eye on housing starts data, Ontario provincial budget
Canadian Press - TORONTO (CP) - North American stock markets will look to secondary economic indicators for added traction this week as earnings season starts to wind down, at least south of the border.
U.S. stock futures lower, oil weighs
Reuters - U.S. stock futures were lower on
Tuesday as crude prices rose back above $52 a barrel,
increasing concerns about crimped consumer spending and
corporate profits.
Tokyo shares slip on weak key earnings
FT.com - Japanese stocks fell on Wednesday morning, as investors reacted negatively to a string of important results announced after Tuesday trading.
Wal-Mart:2nd-qtr earnings below forecasts
Reuters - Wal-Mart Stores Inc. on
Thursday forecast earnings for the current quarter that were
below Wall Street expectations, and said it would be difficult
to reach its full-year target.
Dollar hits 6-month high on upbeat data
Reuters - The dollar hit a six-month high against
the euro and set three-month peaks against the Swiss franc and
sterling on Friday after recent robust data raised optimism
about the U.S. economy.
Computer Problem Causes False Stock Quotes
AP - A computer problem at an unidentified stock trader caused erroneous, exaggerated prices some as high as $950 per share to be posted to the Nasdaq Stock Market Friday morning for 1,680 different stocks, a spokeswoman for the Nasdaq said.
Stocks in for choppy week as investors worry about U.S. economy
Canadian Press - TORONTO (CP) - Stock markets are likely in for another negative week as commodity stocks continue to retrace ground and investors fret about weakness in the U.S. economy - despite recent data showing strength.
Dollar hits 7-month high vs euro
Reuters - The dollar rose to a seven-month high
against the euro on Monday after a slew of strong economic data
eased worries that the United States would have difficulty
financing its gaping current account deficit.
Dollar steady before inflation data
Reuters - The dollar held near the previous day's
seven-month high against the euro on Tuesday as investors
looked to forthcoming U.S. inflation data for clues on the pace
of future interest rate rises.
Wall St seen down ahead of CPI
Reuters - Wall Street was expected to open slightly
lower on Wednesday as oil prices pushed back above $49 a barrel
and investors braced for a key inflation gauge to assess the
pace of future monetary tightening.
Wall Street seen flat ahead of data
Reuters - Wall Street was expected to open little
changed as oil prices at three-month lows eased inflation
worries, but investors will look at manufacturing and jobless
data for clues on the strength of the U.S. economy.
Wall St seen lower as profit-taking looms
Reuters - Wall Street stocks were expected to
open lower on Friday, ending a four-day run of gains as
investors geared up to cash in profits with major market
indices at one or two month highs.
3 Major U.S. Indexes See Best Week of '05
AP - Investors taking profits after the week's big advance sent many stocks falling Friday, but the lack of a wholesale selloff left many on Wall Street pleased with the market's resiliency. The Nasdaq composite index managed a small gain, and all three major indexes had their best week of 2005.
3 Major U.S. Indexes See Best Week of 2005
AP - Investors taking profits after the week's big advance sent many stocks falling Friday, but the lack of a wholesale selloff left many on Wall Street pleased with the market's resiliency. The Nasdaq composite index managed a small gain, and all three major indexes had their best week of 2005.
Dow, Nasdaq Seen Opening Flat
AP - U.S. stock futures are little changed, with no major economic or corporate news flow scheduled for Monday.
Dollar near 7-mth high before Fed minutes
Reuters - The dollar hovered near a seven-month
high against the euro on Tuesday, but currency moves were
confined to tight ranges ahead of the release of Federal
Reserve policy meeting minutes later in the day.
Nikkei dips midday, techs and steel down
Reuters - The Nikkei average extended losses to
fall 0.78 percent by midsession on Wednesday as tech shares
failed to benefit from a rise in U.S. peers and steel makers
fell again on a cut in sheet product prices.
Dollar stuck near 7-month high vs euro
Reuters - The dollar was stuck in a holding pattern
near seven-month highs against the euro on Thursday, with its
month-long rally running out of steam despite more poor
economic news from the euro zone.
Tivo net loss narrows, stock rises
Reuters - TiVo Inc. , a developer of
television recording technology, on Thursday posted a
significantly narrower quarterly loss on increased subscribers
and lower costs, and the stock rose 19 percent.
Computer Associates To Restate Five Years Of Earnings
TechWeb - An audit has found sales that appear to have 'no valid commercial purpose.'
U.S. manufacturing and employment data seen pacing markets this week
Canadian Press - TORONTO (CP) - Stock markets could be in for further gains this week with the investor mood improved by recent U.S. data that eased concerns about a soft patch in the economy and suggested the Federal Reserve won't aggressively raise interest rates to combat inflation.
TSX up in "quiet, slow" trading as NY shuttered for Memorial Day
Canadian Press - TORONTO (CP) - The Toronto stock market held onto respectable gains late Monday morning on lower-than-usual volume as investors marked time with U.S. markets closed for the Memorial Day holiday.
Nikkei edges down from six-week high
Reuters - Japan's Nikkei share average edged down
by mid-morning on Tuesday, a day after logging a six-week
closing high, as investors took profits on chip-related issues
such as Advantest Corp.
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