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CompareCC News Archive Listing for Stocks and Investing during 2008-04.
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Wall Street stock futures signal positive Q2 start
 
Reuters - Investment bank Lehman Brothers , computer maker Dell , auto makers such as GM and Ford as well as a key manufacturing gauge are likely stock market focal points on Tuesday.
Asian markets follow Wall St with rally
 
AFP - Asian stock markets mounted a strong rally Wednesday, tracking an overnight surge on Wall Street as investors hoped the worst of the global credit crisis was over.
BlackBerry maker RIM sees profit soar
 
AP - Research In Motion Ltd. said Wednesday its fiscal fourth-quarter profit and sales more than doubled as the BlackBerry maker beat expectations and shrugged off concerns that a slowdown in the U.S economy is hurting business.
Dollar up against yen in Asia
 
AP - The dollar rose against the yen in Asia Friday despite a drop in Japanese stocks as some traders bought in anticipation of U.S. jobs data due later in the day coming in better than expected.
Nikkei gains as dollar advances
 
Reuters - Japan's Nikkei stock average edged up by 0.4 percent on Monday as the dollar rose, but Toyota Motor Co weakened on worries about a slowing U.S. economy after the biggest monthly fall in jobs there in five years.
European stocks head lower
 
AFP - Europe's main stock markets sank on Tuesday after uninspiring performances overnight on Wall Street and earlier in Asia, analysts said.
BHP Billiton shares surge on report China eyeing stake
 
AFP - Shares in BHP Billiton surged more than five percent Wednesday after a report in Australia that China was poised to buy a multi-billion dollar stake in the world's largest miner.
Japan's Nikkei index drops 1.3 percent
 
AP - Japanese stocks fell for a third straight session Thursday as weakness in the property and electronics sectors weighed on the market.
European stocks energised before G7 summit
 
AFP - Europe's main stock markets rose Friday, ending the week on a high note after strong rallies in Tokyo and on Wall Street ahead of a key summit by world finance chiefs, traders said.
Market bellwether GE sees profit drop
 
AP - HARTFORD, Conn. — General Electric Co. CEO Jeff Immelt was expected to tell the world Friday how the conglomerate's global strategy had paid off and allowed it to ride out the credit crisis.
Thirty active terror plots against Britain: Home Sec.
 
AFP - Home Secretary Jacqui Smith told a Sunday newspaper that the security services were investigating 30 active terror plots as she made the case for giving them extended powers to combat extremists.
U.S. economy angst hits global stocks
 
Reuters - Fallout from losses at General Electric and other factors pointing to a U.S. recession hit global stock markets hard on Monday while the dollar stayed firm after the G7 expressed concerns over currency swings.
Big pharma aims to show the drugs still sell
 
Reuters - Roche Holding AG will aim to reassure that big-selling drugs can keep driving profit when it kicks off the European earnings season, as big pharma's blockbusters face growing threats.
U.S. senator asks SEC to step up ratings scrutiny: report
 
Reuters - Sen. Charles Schumer met the SEC chairman to urge the regulatory agency to step up its scrutiny of conflicts of interest that may have played a role in bond rating companies' misses on the U.S. housing market, the Wall Street Journal said on Wednesday.
Wall Street to open on the downside after Merrill Lynch loss
 
AP - Wall Street was poised to open modestly lower Thursday after Merrill Lynch reported a first-quarter loss of $2.14 billion, a shortfall that was worse than many investors anticipated and that raised concerns about other companies' results.
Nokia's Earnings Up, But Its Market Share Drops In North America
 
TechWeb - Net profit hit $1.95 billion in the quarter, up about 25% over the year-earlier period, while revenue was about $20 billion.
Isuzu plans to build trucks in Saudi Arabia: Nikkei
 
Reuters - Truck maker Isuzu Motors Ltd (7202.T) may begin building trucks in Saudi Arabia early next year, becoming the first Japanese automaker to produce vehicles there, the Nikkei newspaper said on Monday.
China stocks surge on new trading rules
 
AP - China's benchmark Shanghai Composite Index jumped nearly 7 percent early Monday after the market watchdog announced a new policy for freshly tradable shares, though it ceded most of that gain as trading progressed.
Source: Wall Street Journal managing editor stepping down
 
AP - The top editor of The Wall Street Journal is planning to step down after less than a year on the job and four months after the paper was taken over by Rupert Murdoch's News Corp., according to a person familiar with the situation.
US stocks head for higher open after pullback
 
AP - Stocks headed for a moderate rebound Wednesday as investors awaited another round of first-quarter earnings reports and hoped the numbers would help determine where the economy is headed.
Chinese shares rise nearly 10 percent on transaction tax cut
 
AP - Chinese shares soared early Thursday after the government cut a tax on stock transactions in a move widely seen as a signal of support for the markets.
Stocks futures point to higher open ahead of consumer data
 
AP - Wall Street looked to extend its gains into a third straight session Friday as investors awaited a reading on consumer confidence and digested a busy week of corporate earnings reports.
Investors look to earnings for hints about consumer spending
 
AP - Wall Street has so far had a mostly subdued reaction to corporate earnings released in the past few weeks, but that could be about to change.
Asian stock markets up
 
Reuters - Asian stock markets rose on Monday as investors' confidence in the battered financial sector seeped back and the dollar held on to recent gains, despite the oil price hitting a fresh all-time high close to $120 a barrel.
Nikkei up 0.2 pct to hit 2-mth closing high, Fed eyed
 
Reuters - Japan's Nikkei stock average rose 0.2 percent to hit a two-month closing high on Monday, led higher by financial players such as top lender Mitsubishi UFJ Financial Group (8306.T), which jumped on improving investor confidence in the sector.
Verizon's Earnings Jump Thanks To Wireless Growth
 
TechWeb - Verizon Wireless unit recorded 1.5 million net customer additions, and Verizon's FiOS TV service signed up 263,000 net new customers.
Fuel, foreign exchange lead Korea Air to $324M 1Q loss
 
AP - Korean Air Lines Co. said Wednesday it recorded a first-quarter net loss on higher fuel costs and unfavorable foreign exchange rates.

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