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Results 61-80 of 291 for ECT News Desk.

Stocks Little Changed Amid Flurry of Business Deals, News

Markets finished mixed and little changed today as stock investors found themselves dealing with a torrent of business news, from the latest telecom merger to more abrupt CEO departures and expanding investigations into the insurance industry. The Dow finished in the red, losing 4.88 points, or 0.05...

FINANCIAL NEWS

Stocks End Week on Strong Note

Stocks posted solid gains today, shaking off an iffy forecast from Dell, as investors drove the Dow to its third straight week of gains that left the Blue Chip index at its highest levels of 2005. The Dow rose 46.40 points today, or 0.43 percent, to finish at 10,796.01, a gain of 0.7 percent for the...

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Dow Soars But Tech Stocks Flat

A decline in the trade deficit, fewer unemployment claims and other news helped lift stocks today, though the Blue Chips of the Dow far outperformed the tech-heavy Nasdaq. The Dow gained 85.50 points, or 0.80 percent, to finish at 10,749.61. The Nasdaq, by comparison, was basically flat, moving high...

FINANCIAL NEWS

Weak Cisco Outlook Drives Stocks Down

A lukewarm outlook from tech bellwether Cisco Systems helped spark selling on Wall Street today. Major averages moved lower after investors digested Cisco's forecast for the current quarter and all of 2005. The Dow lost 60.52 points, or 0.56 percent, to finish at 10,664.11, while the tech-laden Nasd...

FINANCIAL NEWS

Stocks Rise Modestly as Eyes Turn to Cisco

Stocks rose today, but the rally was modest as investors waited to see what Cisco Systems would say about the demand for information technology going forward after the markets closed. Cisco reported earnings for its second quarter, matching forecasts on the profit side with US$1.4 billion in net ear...

FINANCIAL NEWS

Stocks Hold Most of Recent Gains in Flat Sessions

Stocks meandered from opening to closing bell today without much conviction, with major averages closing lower but all finishing within 5 points of where they started. Market watchers said the vacuum created by last week's hectic pace, when unemployment data, a Fed rate hike and the State of the Uni...

FINANCIAL NEWS

Stocks Fall on Amazon Earnings, Mixed Data

Stocks snapped a three-day winning today as a disappointing earnings report from Amazon.com and mixed messages from the latest batch of economic data drove shares lower. The Dow dropped 3.69 points, or 0.03 percent, to 10,593. The Nasdaq lost 17.42 points, or 0.84 percent, to 2,057.64. The S&P ...

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Stocks Rise on Fed Rate Hike, Strong Earnings Reports

Stocks ended their winning streak to three sessions today as the Federal Reserve held true to recent form and raised interest rates another quarter point and after Google and Boeing turned in strong earnings reports. The Federal Open Market committee did exactly as expected and boosted the overnight...

Stocks Rise as Fed Convenes

Stocks gained more ground today as investors looked to put a dismal January in the rear view mirror and showed little worry about an imminent decision on interest rates from the Federal Reserve. The Dow was up 62 points, or 0.59, to 10,551.94. The Nasdaq gained 6.29 points, or 0.30 percent, to 2,068...

FINANCIAL NEWS

Stocks Rise on Merger Activity, But Off Sharply for Month

The latest round of mega-mergers fed buying on Wall Street today, driving stocks higher to close out what was otherwise a month many investors would just as soon forget. Markets were moderately higher for the session on recent M&A activity. Also, some good economic data on personal incomes was a...

Stocks Subdued in Face of Key Events Next Week

Stocks ended mixed today as investors turned cautious ahead of a slew of events next week that could impact everything from oil prices to interest rates. The Dow was lower by 31.19 points, or 0.30 percent, to 10,467.40. The Nasdaq was marginally higher, gaining 1.06 points, or 0.05 percent, to 2,047...

FINANCIAL NEWS

Stocks Rally for Second Day in Row

U.S. stock markets made it two straight winning days today as more strong earnings news, including a bullish outlook from Oracle, drove shares higher. Late selling took some of the zip out of the rally, but stocks closed firmly in positive territory, with the Dow up 37.03 points, or 0.35 percent, to...

FINANCIAL NEWS

Stocks Rally on Earnings, Good Economic News

A batch of positive earnings reports and good economic indicators finally had the expected result on Wall Street today as stocks turned in a strong performance. The Dow fell just shy of a triple-digit gain, climbing 92.95 points, or 0.90 percent, to 10,461.56. The Nasdaq had a more measured gain, ri...

FINANCIAL NEWS

Stocks Fall Again on Slowdown in Earnings Growth

U.S. stocks continue to be stuck in the January doldrums, with renewed selling today pushing the Dow and the Nasdaq to their lowest levels since before the year-end rally began in November. In the fourth straight day of losses, the Dow fell by 24.38 points, or 0.23 percent, to finish at 10,368.61. T...

FINANCIAL NEWS

Stocks Down Again for Third Straight Week

U.S. stock markets were unable to sustain some early momentum today and ended up finishing lower on the session, finishing another dismal week in which earnings news took center stage. Though several bellwether companies posted strong earnings reports, weaker outlooks and some profit misses sparked ...

FINANCIAL NEWS

Markets Again Fall as Earnings Outweigh Economic Data

A rare earnings miss and a soft outlook from eBay helped spark another sell-off on Wall Street today as investors ran for cover from a growing list of disappointments in the corporate profits realm. Major averages ended the session at or near their lowest point so far in 2005. The Dow fell 68.50 poi...

FINANCIAL NEWS

Stocks Plunge on Worries About Earnings

A drop in weekly unemployment claims and signs of economic strength in a Federal Reserve report were not enough to overcome disappointment over some key earnings reports as stocks slumped to heavy losses today. Tech stocks were especially hard hit, despite strong earnings from Yahoo after markets cl...

FINANCIAL NEWS

Stocks Rally as Earnings Turn Investors Bullish

Stocks overcame a brief spike in oil prices to post across-the-board increases today as investors looked to add to gains made before the long holiday weekend. Lifted by earnings news and by bargain-hunting after nearly two straight weeks of declining share values, stocks managed to post their first ...

FINANCIAL NEWS

Stocks Close Down Week with Rally

Signs that inflation pressures might have receded somewhat, and with them the threat of dramatically higher interest rates, put investors in a buying mood today to cap what had been another losing week on Wall Street. The Labor Department said wholesale prices, as measured by the Producer Price Inde...

Stock Prices Plunge on Earnings Warnings

The Dow Jones Industrial Average posted a triple-digit loss today as investors dumped shares on worries that the corporate earnings season would shape up as a disappointment. Despite a strong quarterly performance from Apple and others, profit warnings and full earnings reports have shown weakness i...

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