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Chicago Bridge & Iron posts lower Q1 profit
Reuters - Engineering firm Chicago Bridge & Iron
Co N.V. on Thursday said its first-quarter profit was
lower on higher costs associated with restricted share grants,
offsetting higher revenue.
Europe higher as Euronext merges with NYSE
FT.com - European equity markets were higher on Friday following strong gains overnight in New York and in Asia, with focus on Euronext after New York Stock Exchange agreed to buy the bourse operator.
Investors should brace for more choppiness even as TSX rebounds from correction
Canadian Press - TORONTO (CP) - The Toronto stock market should continue to mend in the coming week from the two-week-long correction last month that sliced 3.75 per cent from the main index.
France's BNP Paribas opposes Euronext-NYSE deal
AFP - BNP Paribas, the biggest French bank by market capitalisation, opposes a merger of pan-European stock market operator Euronext and the New York Stock Exchange.
Nikkei falls on US rate concern, exporters drop
Reuters - The Nikkei fell 1.81 percent on Tuesday
to its lowest close in more than four months as exporters such
as Fanuc Ltd. (6954.T) and Honda Motor Co. Ltd. (7267.T) sank
on renewed concerns about higher U.S. interest rates and a
possible economic slowdown in a key export market.
NYSE fines Prudential $850,000 for email issue
Reuters - NYSE Group Inc.'s regulatory
unit said on Wednesday it fined Prudential Equity Group
$850,000 for failing to properly supervise electronic
communications.
Stocks drift in early trading
AP - Stocks fluctuated in early trading Thursday as cooling crude prices helped ease some of Wall Street's worries about rising interest rates and weakness in markets around the globe.
Markets appear set for rebound after volatile Thursday session
Canadian Press - TORONTO (CP) - North American markets appeared set to bounce back early Friday after indexes tumbled for much of the week, fallout from recent U.S. comment on possible interest rate increases and weakening oil prices.
More choppiness expected on markets as rising interest rates quash enthusiasm
Canadian Press - TORONTO (CP) - Investors should brace themselves for a choppy summer of trading and get used to the end of the days of cheap money.
Nikkei flat, techs down while retailers up
Reuters - The Nikkei average was nearly flat on
Monday, after posting its biggest weekly drop in five years
last week, as retailers such as Aeon Co. Ltd. (8267.T) rose on
an upward revision to Japanese GDP data while technology
exporters lost ground following falls at their U.S. peers.
Nikkei posts biggest one-day loss in two years
Reuters - The Nikkei share average plunged 4.14
percent on Tuesday to book its biggest one-day percentage loss
in two years as Advantest Corp. (6857.T) and other high-tech
firms fell after drops in their U.S. peers, while concerns over
price competition sent flat-screen TV makers lower.
Dollar falls from recent 7-wk highs
Reuters - The dollar slipped from recent
seven-week highs against the euro and the yen on Wednesday as
investors adjusted positions ahead of key U.S. inflation data.
North American stock market signals turn positive after recent declines
Canadian Press - TORONTO (CP) - After a string of declines this month, global indicators were overhelmingly positive for North American stock markets early Thursday.
Stocks barely mixed after 2 days of gains
AP - Stocks were barely mixed Friday at the end of a week of zigzag trading that saw stocks sell off early in the week then sharply rebound.
Investors wonder if they're dealing with a correction or fundamental change in d
Canadian Press - TORONTO (CP) - Investors will likely move cautiously this week after indexes stabilized late last week following a string of punishing sessions that erased year to date gains in Toronto and New York.
NYSE could set up rival London bourse: CEO
AFP - A merger of the New York Stock Exchange and European counterpart Euronext could pave the way for setting up a London bourse to rival the long-established London Stock Exchange, NYSE chief executive John Thain said.
Stocks futures gain, housing data eyed
Reuters - U.S. stock futures ticked up on Tuesday
ahead of the Wall Street open but investors were nervous before
housing data later which could provide hints on the outlook for
the monetary policy.
Stock market signals mixed before release of U.S. energy report
Canadian Press - TORONTO (CP) - Global indicators were mixed for North American stock markets early Wednesday ahead of the latest U.S. energy inventory report.
U.S stock futures up
Reuters - U.S. stock futures gained on Thursday,
indicating an opening rise on Wall Street, after the previous
session's broad rally on strong corporate profits.
Stock futures up; overseas markets mixed
AP - U.S. stock market futures were stronger Friday ahead of data on durable-goods orders, one of the key data releases that will be unearthed before the Federal Reserve's next interest-rate setting meeting.
Investors focus on interest rates this week as the Fed expected to hike again
Canadian Press - TORONTO (CP) - Investors will tread carefully this week with all eyes on the U.S. Federal Reserve for direction following a dismal June that saw equity markets retreat on worries about higher interest rates and the amount of damage they could cause the economy.
Nikkei up after early fall; steel, property gain
Reuters - The Nikkei share average reversed its
earlier losses to rise 0.46 percent on Monday, lifted by gains
in Mitsubishi Estate Co. (8802.T) and other stocks seen as
having profit-growth potential.
Stock market indicators mixed as investors await economic clues
Canadian Press - TORONTO (CP) - Global indicators were mixed for North American stock markets early Tuesday as investors look for clear signals about the U.S. economy's direction.
Wall Street investors seen on hold, awaiting Fed
Reuters - U.S. shares are seen edging higher on
Wednesday, recovering some of the previous session's losses,
with trading likely to be thin in the run-up to the U.S.
central bank's interest rate decision on Thursday.
European regulators form Euronext/NYSE task force
Reuters - Five European markets regulators have
set up a task force to study the proposed merger of Euronext
and the New York Stock Exchange, with a view to producing a
recommendation by early next year, Belgian regulators said on
Thursday.
Stocks seen opening down after post-Fed rally
Reuters - U.S. shares looked set to open lower
on Friday, shedding some of the previous session's gains on the
back of the Federal Reserve's rate announcement, which said a
slowing economy should help rein in inflation.
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