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Results 21-40 of 291 for ECT News Desk.
FINANCIAL NEWS

Stocks Lose Ground in Face of Oil Rise, Earnings

A modest rebound in crude oil prices and the prospect of earnings season getting under way left Wall Street mostly in the red today. Stocks were up briefly when trading began, thanks to the long drop in oil prices. However, by the close, the Dow Jones industrial average was down 12.78 points, or 0.1...

FINANCIAL NEWS

Uncertainty About Profits, Economy Pushes Stocks Down

Stocks fell sharply to end the week today, putting an abrupt halt to a modest four-day winning streak for the Dow as profit taking kicked in amid investor uncertainty about the state of the economy in general and corporate profits in particular. The Dow Jones industrial average ended down 84.98, or ...

FINANCIAL NEWS

Stocks Rise on Continued Drop in Oil Prices

Despite a mixed bag of monthly reports from major retailers, stocks moved higher today, with the Dow Jones industrial average posting its fourth straight day of gains. The Dow was up 60.30 points, or 0.58 percent, to 10,546.32. The Nasdaq posted the best percentage gain on the day, rising 19.65 poin...

FINANCIAL NEWS

Markets Mixed as Earnings Season About To Start

Stocks ended mixed today with a better-than-expected report on oil supplies outweighed by concern that the coming earnings season might bring its share of disappointments. A government report said that the U.S. added 2.4 million barrels to its crude stockpile, though gasoline inventories did drop mo...

FINANCIAL NEWS

Stocks Rise as Greenspan Downplays Oil Impact

The soothing words of Federal Reserve Chairman Alan Greenspan helped boost stocks today after he reiterated his belief that rising oil prices do not pose an immediate threat to the U.S. economy. Greenspan told a gathering of oil industry executives that the energy market would correct itself if left...

FINANCIAL NEWS

Stocks Eke Out Gains After Oil Spikes, then Subsides

Oil prices today backed off new record highs, providing a boost to stocks, which moved higher across-the-board. The Dow Jones industrial average gained 16.84 points, or 0.16 percent, to 10,421.14, thanks partly to a boost from beleaguered insurer AIG, which rebounded nearly 5 percent on word that N...

FINANCIAL NEWS

Stocks Plummet on Record-High Oil, Fewer New Jobs

A weaker-than-expected number of new jobs, a strong report on growth in the service sector of the economy and the latest spike in oil prices converged today to drive stocks sharply lower to end the week, and starting the second quarter on a decidedly down note. A day after closing out a dismal first...

FINANCIAL NEWS

Markets Retreat on Oil, Awaiting Jobs Data

A day after a boisterous rally on strong economic news, Wall Street took a more cautious approach today, with shares sliding on oil price spikes and ahead of tomorrow's unemployment report to end a largely dismal quarter for stocks. The Dow Jones industrial average fell 37.17 points, or 0.35 percent...

FINANCIAL NEWS

Stocks Rally in Biggest One-Day Gain of Year

Data showing a strong pulse for the economy and falling oil prices helped stir up a serious rally on Wall Street today, with stocks posting their best day of 2005 in terms of percentage gains. All of the major stock averages saw gains of at least a full percentage point as stocks rallied early in th...

FINANCIAL NEWS

Stocks Drop on Confidence Report, Pending Data

A dip in consumer confidence and concern about an impending batch of economic data helped drive stocks lower today. Investors largely shrugged off the Conference Board report saying consumer confidence dipped by 2 points for March, to 102.4, the second straight month of declines and a larger drop th...

FINANCIAL NEWS

Stocks Up Ahead of Economic Data

Investors came into the new week with an optimistic outlook, driving up stocks across the board ahead of a slew of data that could help color in a fuzzy economic picture. Reports are due out this week on gross domestic product, personal income and the March employment picture, a bank of data that ma...

Endwave Files Statement To Sell 5 Million Shares

Endwave, a provider of subsystems for broadband wireless networks that specializes in telecommunications, defense and homeland security, today announced that it has filed a registration statement with the Securities and Exchange Commission for the sale of 5 million shares of its common stock. Of the...

FINANCIAL NEWS

Stocks End Losing Week with Mixed Session

Stocks ended a volatile and holiday-shortened week today with a mixed bag of results as oil prices rebounded and inflation remained a lingering concern. U.S. stock markets are closed tomorrow for the Good Friday holiday. The Dow Jones industrial today average fell 13.15 points, or 0.13 percent, to 1...

FINANCIAL NEWS

Inflation, Oil Battle It Out in Mixed Session for Stocks

Stocks ended mixed today after a volatile session in which the latest evidence that inflation is creeping into the U.S. economy battled for investor attention with a further drop in oil prices. The Dow Jones industrial average dropped 14.49 points, or 0.14 percent, to close at 10,456.02, adding to a...

FINANCIAL NEWS

Fed Boosts Rates Again, Sending Stocks Lower

The Federal Reserve today did as most observers expected and raised interest rates for the seventh straight time, and even though the move came as little surprise, it was enough to send stocks lower. The Fed's quarter-point boost to the overnight rate and its adherence to a policy statement of "meas...

FINANCIAL NEWS

Inflation Fears Override M&A Activity To Push Stocks Down

Stocks continued to struggle in the face of mounting inflation concern today, with the Dow falling to its lowest level in six weeks and the Nasdaq treading water as investors digested the latest merger news. The Dow Jones Industrial Average lost 64.28, or 0.6 percent, to 10,565.39, its lowest closin...

FINANCIAL NEWS

Inflation Fears Override M&A Activity To Push Stocks Down

Stocks continued to struggle in the face of mounting inflation concern today, with the Dow falling to its lowest level in six weeks and the Nasdaq treading water as investors digested the latest merger news. The Dow Jones Industrial Average lost 64.28, or 0.6 percent, to 10,565.39, its lowest closin...

FINANCIAL NEWS

Inflation Fears Override M&A Activity To Push Stocks Down

Stocks continued to struggle in the face of mounting inflation concern today, with the Dow falling to its lowest level in six weeks and the Nasdaq treading water as investors digested the latest merger news. The Dow Jones Industrial Average lost 64.28, or 0.6 percent, to 10,565.39, its lowest closin...

FINANCIAL NEWS

Stocks Go Nowhere as Volatile Week Ends

Stocks ended a volatile week with a whimper today, closing mixed as oil prices continued to make investors pause. Oil futures moved higher again today, closing up 32 cents to US$56.72 a barrel on the New York Mercantile Exchange, a new high closing price that bested the record set just Wednesday. Me...

FINANCIAL NEWS

Stocks Mixed, Flat as Oil Watch Continues

Stocks ended mixed and not far from the flat line today as investors stayed on the sidelines to see what direction oil prices would head. A plethora of merger-and-acquisition news wasn't enough to spark buying amid an early surge in oil futures. By day's end, oil prices, which jumped to a new record...

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