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Stocks head to lower open in 1st day of 2nd half
AP - Wall Street appeared headed for a sluggish start to the third quarter Tuesday, hurt by ongoing concerns about the damage rising oil prices will do to the economy.
Nikkei hits longest losing streak in 43 years
Reuters - The Nikkei average fell 1.3 percent on
Wednesday to hit its longest losing streak in more than 40
years, as worries about the global economy hit exporters such
as Canon Inc (7751.T).
US stocks head for mixed open ahead of jobs data
AP - Stocks headed for a mixed open Thursday ahead of the government's report on June employment that could offer insights into how well the economy is likely to fare in the coming months. The price of oil neared $146 for the first time, adding pressure to the stock market.
Asia markets mixed as Nikkei falls again
AP - Asian markets were mixed Friday as investors digested uneven readings on the U.S. economy and more record oil prices. Japan headed for its 12th straight day of losses.
Toyota to add solar panels to Prius hybrid: Nikkei
Reuters - Toyota Motor Corp (7203.T) plans to
install solar panels on its next-generation Prius hybrid cars,
becoming the first major automaker to use solar power for a
vehicle, the Nikkei business daily reported on Monday.
Stocks move toward mixed open ahead of earnings
AP - U.S. stocks headed for a mixed open Monday as investors await the arrival of second-quarter reports from companies to help determine where the economy is headed.
POSCO Q2 seen strong; Japan firms may lag
Reuters - POSCO (005490.KS), the world's No.4 steel
maker, is expected to report strong profit growth for the
April-June quarter, lifted by solid demand and higher steel
prices.
US stocks look to open lower as oil prices rebound
AP - Stocks headed for a modestly lower open Wednesday as rebounding oil prices drained away the momentum from Wall Street's big Tuesday rally.
Banking woes push stocks towards 21-month low
Reuters - World stocks fell towards this week's
21-month low on Thursday as fresh concerns resurfaced over the
financial sector -- the epicenter of the nearly one-year-old
credit crisis.
US stocks lower as GE fails to motivate investors
AP - Wall Street headed for a moderately lower open Friday after General Electric Co.'s quarterly report failed to motivate investors still anxious about the health of the financial industry.
Investors set for another tough earnings season
AP - Investors already disheartened about the growing problems of the financial sector and the soaring price of oil are facing more depressing news with the release of second-quarter earnings reports.
SEC plans probes to prevent securities manipulation
Reuters - The U.S. Securities and Exchange
Commission said on Sunday it would immediately conduct
investigations aimed at preventing the intentional spreading of
false information intended to manipulate securities prices.
Asia stocks down after US mortgage plan
AP - Most Asian markets fell Monday after the U.S. government announced plans to prop up troubled mortgage financiers Fannie Mae and Freddie Mac.
Asia stocks down on US financial worries
AP - Asian stock markets fell sharply Tuesday as investor confidence in the U.S. financial system eroded even further despite a government-backed plan to help beleaguered mortgage financiers Fannie May and Freddie Mac.
FTSE gains 0.13 percent at open
AFP - The London stock market firmed in opening deals on Wednesday, after striking a three-year low point the previous day, with a gain of 0.13 percent to stand at 5,178.60 points.
Futures point to Wall St dip ahead of big earnings
Reuters - LONDON (Reuters) Futures for the S&P 500, Dow Jones
industrial average and the Nasdaq were down around 0.1 percent
at 5:05 EDT, indicating the indexes are set for a dip after
rising 2.5-3 percent on Wednesday.
Global markets set subdued tone after rocky trading week
AFP - Asian and European stock markets were subdued on Friday at the end of a highly volatile week for global equities amid stubborn investor jitters over the US banking results season.
Microsoft Shares Sink On Mixed Earnings Report, Disappointing Forecast
TechWeb - InformationWeek - For the fiscal fourth quarter, Microsoft said sales increased 18% over the prior year to $15.8 billion. Net income rose 41% to $4.3 billion.
Wall Street awaits banks, housing, oil data
AP - Wall Street surged higher last week, but that's cold comfort to people whose stock portfolios are still down more than 10 percent this year.
Stocks set to open higher amid M&A, earnings
AP - Wall Street looked to open slightly higher Monday after investors cheered a return to big merger and acquisition deals with Roche Holding's bid to buy Genentech Inc.
American Express shares tumble as 2Q profit falls
AP - In a sign that even wealthier consumers are feeling the pinch of the credit crisis, American Express Co. said its second-quarter profit tumbled as it set aside more money to cover souring loans across all its portfolios.
Washington Mutual posts 2Q loss of $3.3 billion
AP - Washington Mutual, the Seattle-based bank known for its buoyant advertising slogan, 'Whoo hoo!,' had little to cheer about as it reported a staggering $3 billion loss — the biggest quarterly loss in its history.
Hyundai Motor profit slips as sales rise
AP - South Korea's Hyundai Motor said Thursday that its second-quarter net profit declined nearly 11 percent despite higher sales, and vowed to fight high oil prices by aggressively exporting more fuel efficient vehicles.
Honda posts surprise Q1 profit gain, costs held
Reuters - Honda Motor Co (7267.T) posted a surprise
8 percent increase in quarterly net profit after it raised car
prices and cut costs, helping it overcome a stronger yen,
crumbling U.S. auto market and higher commodity prices.
Buyout giant KKR says plans to list on NYSE
Reuters - Kohlberg Kravis Roberts & Co ,
one of the world's most powerful private equity firms, plans to
brave the turbulent equity markets and list on the New York
Stock Exchange this year, joining rival Blackstone in bringing
the famously secretive industry into public view.
Investment firm KKR to sell shares on NYSE
AFP - Kohlberg Kravis Roberts & Co, one of the most prestigious US investment firms, announced its intentions to sell its shares publicly on the New York Stock Exchange.
Nikkei falls on worries over US financial sector
AP - Japanese shares tumbled Tuesday after a sharp drop on Wall Street overnight and on fresh concerns over the health of the U.S. financial sector.
SEC extends restrictions on short-selling
AP - Federal regulators on Tuesday extended through mid-August a temporary order banning a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae, Freddie Mac and 17 large investment banks.
Stocks head for lower open ahead of GDP reading
AP - U.S. stocks headed for a moderately lower open Thursday as investors await a key reading on the nation's economic output to determine whether a two-day rally will continue.
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