Daily Stock Reports
- American Public Media
- Wall Street Journal
- Bloomberg News
- BBC - World Business News
- TheStreet.com
- Market Place
- Marketwatch
- Rueters
- CNN
- NPR
Nigeria oil line on fire; militants claim attack
(AP)
5 Feb 2012, 3:19 am
AP - An oil pipeline run by a subsidiary of Italian oil firm Eni SpA has ruptured and caught fire in Nigeria as a militant group claimed responsibility for an attack.
Clock ticks on Greece's bailout deadline
(Reuters)
4 Feb 2012, 5:56 pm
Reuters - Greek Prime Minister Lucas Papademos faces a critical task of convincing international lenders and political party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default. Blast hits gas pipeline between Egypt, Jordan, Israel
(Reuters)
4 Feb 2012, 4:23 pm
Reuters - An explosion hit the gas pipeline between Egypt, Israel and Jordan Sunday in Northern Sinai, witnesses and state TV said. Eurogroup's Juncker warns of possible Greece default
(Reuters)
4 Feb 2012, 3:58 pm
Reuters - The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday. 
Micron Technology Announces New Chief
4 Feb 2012, 3:20 pm
Micron Technology Inc. announced Mark Durcan, 51, had been appointed chief executive replacing Steven Appleton, who was killed Friday when the small plane he was piloting crashed at an airport near the company headquarters in Boise, Idaho. Dealer group sees higher US auto sales and prices
(AP)
4 Feb 2012, 3:16 pm
AP - Car buyers will likely pay more for new and used cars this year as the economy improves. GM says most US dealers agree to upgrades
(AP)
4 Feb 2012, 1:36 pm
AP - General Motors Co. says most of its 4,400 U.S. dealers have agreed to upgrade their showrooms over the next several years. Russia admits brief cut of gas supplies to Europe
(AP)
4 Feb 2012, 7:25 am
AP - Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold.
Greek Leaders Hold Off Talks Until Sunday
4 Feb 2012, 7:01 am
A meeting of Greek political leaders has been postponed for Sunday as there is still no agreement with the country's creditors over painful new austerity measures, a Greek cabinet minister said Saturday. Deutsche Boerse board member wants CEO out: paper
(Reuters)
4 Feb 2012, 5:48 am
Reuters - Deutsche Boerse's (DB1Gn.DE) chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator's supervisory board told a newspaper. Palestinians call for PM's fall over taxes
(AP)
4 Feb 2012, 5:27 am
AP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.
Hungary seeks 15-20 billion euro IMF/EU credit line: official
(Reuters)
4 Feb 2012, 5:19 am
Reuters - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying. Report: Monti says Italy a 'safe place'
(AP)
4 Feb 2012, 1:05 am
AP - Premier Mario Monti says he considers Italy a "safe place" amid market turbulence after his government embarked on a reform drive. Bangladeshi Investors Badly Hit by the Stock-Market Crash
(Time.com)
3 Feb 2012, 10:25 pm
Time.com - The dramatic rise and swift fall of Bangladesh's stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows Dow at Highest Since May 2008
3 Feb 2012, 9:45 pm
The blue-chip stock index rose 156.82 points to its highest level since May 2008, several months before the financial crisis, as better economic news encouraged investors to set aside their fears and focus on fundamentals. FDA: No Ban on Orange-Juice Imports
3 Feb 2012, 6:57 pm
Orange-juice futures settled lower as traders discounted the prospects for a ban on juice imports into the U.S. It appears they weren't off the mark. Greece Bailout Talks Bode Ill for Lisbon
3 Feb 2012, 6:46 pm
As Greek debt-restructuring talks showed more signs of delay, the H-P to Put Proxy-Access Proposal to Vote
3 Feb 2012, 6:46 pm
Hewlett-Packard agreed to give its stockholders the chance to approve so-called proxy access through a bylaw vote at its 2013 annual meeting. Fed Likely to Retain Low-Rate Stance
3 Feb 2012, 6:29 pm
A few more months of strong jobs reports like the one released Friday, and the Fed might need to draw up a new game plan. For now, though, Bernanke seems unlikely to rewrite his script for the central bank. Canadian PM to visit China next week
(AP)
3 Feb 2012, 5:16 pm
AP - Canada's prime minister heads to China next week where he'll discuss Canada's vast oil reserves in a visit that's being viewed as an "open warning" to the United States, which rejected a pipeline from Canada to Texas. Goldman Cuts Blankfein's Bonus
3 Feb 2012, 5:08 pm
Goldman Sachs cut CEO Lloyd Blankfein's stock bonus for the first time since the financial crisis, the latest sign that Wall Street executives are paying for a year of mixed financial performance. Nasdaq core profit tops expectations
(Reuters)
3 Feb 2012, 4:32 pm
Reuters - Nasdaq OMX Group Inc's core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment. SEC names top federal auditor to accounting board
(AP)
3 Feb 2012, 4:27 pm
AP - Federal regulators have appointed a top government auditor as a member of the Public Company Accounting Oversight Board, which polices the accounting industry. SEC reaches settlement with former Qwest CFO
(AP)
3 Feb 2012, 3:54 pm
AP - The Securities and Exchange Commission has reached a settlement with former Qwest Communications International Inc. Chief Financial Officer Robert Woodruff over its civil fraud lawsuit. Wall Street analysts struggle to predict Apple
(Reuters)
3 Feb 2012, 3:50 pm
Reuters - Leitao is part of a cadre of amateur forecasters, bloggers and hobbyists who sift through reams of data every quarter to guess at Apple's quarterly results - often putting professional analysts to shame by coming up with more accurate predictions. Unemployment falls sharply in US, rises in Europe
(AP)
3 Feb 2012, 3:40 pm
AP - Unemployment falls sharply in US, rises in Europe Why small companies' stocks deserve a closer look
(AP)
3 Feb 2012, 3:38 pm
AP - Underperforming money managers are losing their most reliable scapegoat. California to borrow internally to raise cash
(Reuters)
3 Feb 2012, 3:06 pm
Reuters - California Governor Jerry Brown signed a bill on Friday allowing the state government to borrow from internal funds to build up its cash, which the controller earlier this week said was quickly dwindling. How the major stock indexes fared on Friday
(AP)
3 Feb 2012, 2:59 pm
AP - A drop in the unemployment rate to its lowest level in three years propelled stocks higher Friday. The Dow Jones industrial average closed at its highest level since May 2008, before the worst days of the financial crisis. A sample of companies that are hiring, at a glance
(AP)
3 Feb 2012, 2:56 pm
AP - Employers across a range of industries have stepped up hiring. The economy gained 243,000 jobs in January, the most since last April. The hiring spree helped lower the unemployment rate for a fifth straight month, to 8.3 percent. Banks Probe Over Rates Widens
3 Feb 2012, 2:51 pm
Regulators in Switzerland and the U.K. stepped up pressure on Swiss and foreign banks, extending a probe into alleged manipulation of key interest rates and disclosing possible enforcement action against UBS in a trading scandal. Obama plan would hire vets as cops, firefighters
(Reuters)
3 Feb 2012, 1:58 pm
Reuters - President Barack Obama detailed measures to hire Iraq and Afghanistan veterans to restore national parks and work as police and firefighters in a bid to cut veterans' above-average unemployment. Fed May Sell More AIG Bonds as Risk Hunger Picks Up
3 Feb 2012, 1:55 pm
The New York Fed is asking for bids on some $6 billion in residential mortgage-backed securities from its Maiden Lane II portfolio it took on as part of the 2008 bailout of American International Group. Unemployment rate hinges on more than job gains
(AP)
3 Feb 2012, 1:50 pm
AP - For most people, the 8.3 percent unemployment rate is the most visible sign of the economy's health. The rate's every movement is closely watched, especially in an election year. Canada, Alberta set up oil sands monitoring
(Reuters)
3 Feb 2012, 1:33 pm
Reuters - A new environmental monitoring plan for Canada's oil sands will boost water sampling and increase information available to the public as Ottawa and Alberta seek to fend off harsh international criticism following revelations that oversight has been insufficient. Year-over-year unemployment rates by age and sex
(AP)
3 Feb 2012, 1:29 pm
AP - Year-over-year unemployment rates by age and sex Jobs numbers boost Obama, needs lasting trend
(Reuters)
3 Feb 2012, 12:57 pm
Reuters - An unexpectedly strong jobs report on Friday boosted President Barack Obama's re-election prospects, but the trend must last to deny his opponents the biggest cudgel they have to bash him before the November election. Analysis: Stock-picking makes a comeback as macro tides fade
(Reuters)
3 Feb 2012, 12:44 pm
Reuters - Stock-picking once again matters on Wall Street. Clorox Posts Strong Sales for Quarter
3 Feb 2012, 12:38 pm
Clorox said fiscal second-quarter sales rose more than expected with help from higher prices, overcoming concerns that tepid demand in North America would crimp sales for household staples. Micron Tech CEO Dies in Plane Accident
3 Feb 2012, 12:31 pm
Micron Technology said Steven R. Appleton, the chip maker's chairman and chief executive, died Friday in a small-plane accident in Idaho. Hackers attack Greek Justice Ministry website
(AP)
3 Feb 2012, 12:28 pm
AP - Hackers have attacked the Greek Justice Ministry website to protest the government's signing of a global copyright treaty and its handling of the financial crisis. Walgreen Same-Store Sales Decline
3 Feb 2012, 12:22 pm
Walgreen's same-store sales slid 4.6% in January as the drugstore chain's prescriptions sales were battered by the loss of major customer Express Scripts. U.S. Companies 'Yammer' for a Productivity Revolution
(ContributorNetwork)
3 Feb 2012, 11:58 am
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent. BofA's Desoer to Retire
3 Feb 2012, 11:44 am
Barbara Desoer, a high-profile mortgage executive who once was a candidate to become chief executive of Bank of America, is leaving as the financial giant retreats from the home-loan business. New York sues banks over electronic mortgage system
(Reuters)
3 Feb 2012, 11:28 am
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices, including false documents in foreclosure proceedings. NY's Schneiderman sues banks in foreclosure effort
(AP)
3 Feb 2012, 11:18 am
AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures. Sony's U.S. Puzzle
3 Feb 2012, 11:08 am
Incoming Sony CEO Kazuo Hirai will need to tread carefully with the company's movie and music divisions, whose profits are important counterpoints to deep losses elsewhere at the company. Jobs Data Show Growth Is Sustained
3 Feb 2012, 11:00 am
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year. Caterpillar to Close Canadian Plant After Lockout
3 Feb 2012, 10:38 am
Caterpillar said it will close a locomotive assembly plant in Canada where unionized workers have been locked out since the beginning of the year. Banks Sued Over Mortgage Registry System
3 Feb 2012, 10:34 am
New York's attorney general sued BofA, J.P. Morgan and Wells Fargo over a private national mortgage registry system, contending it has resulted in a wide range of deceptive and fraudulent foreclosure filings. New Car Prices Rising Along With Sales
3 Feb 2012, 10:19 am
U.S. auto dealers are now selling vehicles at historically high prices in another sign the auto industry's recovery is moving into the fast lane. Citigroup Hit in Latest Wave of Hack Attacks
3 Feb 2012, 10:06 am
A computer hacker group on Friday continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup and other prominent institutions. Obama tells Congress: "don't muck up" U.S. recovery
(Reuters)
3 Feb 2012, 9:47 am
Reuters - Jobs figures released on Friday show the U.S. economy is growing and healing, President Barack Obama said, calling on Congress to pass a payroll tax extension and avoid sabotaging the recovery. Obama: Economic recovery speeding up
(AP)
3 Feb 2012, 9:40 am
AP - President Barack Obama says the U.S. economy is growing stronger and the economic recovery is speeding up. Brazil Central Bank Intervenes to Weaken Real
3 Feb 2012, 8:50 am
Brazil's central bank validated investor suspicions that authorities are growing uncomfortable with the local currency's recent appreciation against the U.S. dollar and stepped into the market to try to weaken the real for the first time in five months. January service sector growth highest in nearly a year: ISM
(Reuters)
3 Feb 2012, 8:43 am
Reuters - The pace of growth in the U.S. services sector accelerated in January to its highest level in nearly a year as new orders and employment jumped, an industry report showed on Friday. US service firms' growth hits 11-month high in Jan
(AP)
3 Feb 2012, 8:17 am
AP - U.S. service companies grew at the fastest pace in 11 months in January as companies hired more workers to keep up with rising demand. White House's Krueger pushes extending payroll tax cut
(Reuters)
3 Feb 2012, 8:17 am
Reuters - President Barack Obama's top economist called on Congress to extend a payroll tax cut and unemployment benefits which he said would help maintain economic momentum. Factory orders up 1.1 percent in December
(AP)
3 Feb 2012, 8:16 am
AP - Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. Factory orders up, business spending rises
(Reuters)
3 Feb 2012, 8:01 am
Reuters - New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed. Chairman: RBS Misjudged Pay Backlash
3 Feb 2012, 7:56 am
RBS's chairman acknowledged that the bank had miscalculated the public and political reaction to the $1.5 million bonus in shares awarded to CEO Stephen Hester, who subsequently turned down the payment. White House's Krueger: Latest jobs data "encouraging sign"
(Reuters)
3 Feb 2012, 7:50 am
Reuters - January U.S. jobs data shows the economy continues to heal, top White House economist Alan Krueger said on Friday, stressing the importance of extending a payroll tax cut and unemployment aid over the rest of 2012 to help maintain this momentum. Snap analysis: U.S. job creation accelerates broadly
(Reuters)
3 Feb 2012, 7:19 am
Reuters - U.S. job creation is accelerating throughout the economy, giving President Barack Obama's reelection bid a boost and increasing the chances the jobless rate could improve faster than the Federal Reserve expects. Britain's Cameron to visit White House March 13-14
(Reuters)
3 Feb 2012, 7:16 am
Reuters - British Prime Minister David Cameron and President Barack Obama will meet in Washington next month to discuss Afghanistan, Iran and the Middle East as well as economic growth, the White House said on Friday. China's Wen Tamps Down Concerns Over Europe Aid
3 Feb 2012, 7:02 am
Chinese Premier Wen Jiabao sought to assuage concerns over Chinese investment in Europe, saying China has no intention to "buy" the continent. German Court Rules Against Apple
3 Feb 2012, 7:00 am
Apple has been ordered by a German court to stop selling certain products that infringe a Motorola Mobility Holdings Inc. patent. Instant view: January nonfarm payrolls rose by 243,000
(Reuters)
3 Feb 2012, 6:52 am
Reuters - The U.S. economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, indicating last quarter's growth carried into early 2012. Stock futures get boost from strong jobs report
(AP)
3 Feb 2012, 6:44 am
AP - U.S. stock futures jumped after a report on January employment showed the biggest growth in jobs in nine months and an unemployment rate that dropped to 8.2 percent.
Restructuring Costs Weigh on Weyerhaeuser
3 Feb 2012, 5:27 am
Weyerhaeuser's fourth-quarter earnings fell 62% as the company booked restructuring charges and write-downs, while the wood-products segment posted softer sales. Bangladeshi Investors Badly Hit by the Stock-Market Crash
(Time.com)
3 Feb 2012, 3:00 am
Time.com - The dramatic rise and swift fall of Bangladesh's stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows Broadband gives BT a Q3 profit boost
(AP)
3 Feb 2012, 1:33 am
AP - A strong performance by the broadband business helped British telecommunications company BT PLC report a 41 percent increase in net profit in the three months ending Dec. 31. BT posts solid earnings and raises guidance
(Reuters)
3 Feb 2012, 12:44 am
Reuters - Lower regulatory charges, cost cuts and strong demand for a wide range of services enabled Britain's BT to post solid third-quarter core earnings on Friday and lift aspects of its forecasts. The Rise and Fall of One of the World's Worst-Performing Stock Markets
(Time.com)
2 Feb 2012, 9:45 pm
Time.com - The dramatic rise and swift fall of Bangladesh's stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows Asia stocks fall ahead of important US jobs report
(AP)
2 Feb 2012, 8:00 pm
AP - Asian stock markets were mostly lower Friday ahead of a highly awaited U.S. jobs report that is considered a key gauge for determining how robust the world's No. 1 economy is.
Summary Box: Stocks finish mixed
(AP)
2 Feb 2012, 3:39 pm
AP - WE CAME HERE FOR THIS? Stocks traded in a narrow range all day and finished mixed and nearly unchanged. Only the Nasdaq moved more than a tenth of a percent. A list of notable IPOs on the Nasdaq and NYSE
(AP)
2 Feb 2012, 3:22 pm
AP - Some recent high-profile stock offerings on the New York Stock Exchange and Nasdaq: A look at economic developments around the globe
(AP)
2 Feb 2012, 3:17 pm
AP - A look at economic developments and activity in major stock markets around the world Thursday: For Facebook, exchange choice is a matter of image
(AP)
2 Feb 2012, 3:11 pm
AP - When Facebook goes public in a few months, will its stock appear on the New York Stock Exchange or the Nasdaq? Depends what its billionaire founder prefers for a backdrop — a trading floor on Wall Street or towering video screens in Times Square.
How the major stock indexes fared on Thursday
(AP)
2 Feb 2012, 2:57 pm
AP - Stocks hardly moved on Thursday. Investors seemed to be pausing in advance of an important government unemployment report due on Friday. Sunoco says it will replace CEO, shift business
(AP)
2 Feb 2012, 2:55 pm
AP - Oil refiner Sunoco Inc. says CEO Lynn Elsenhans is stepping down on March 1 and will be replaced by chief financial officer Brian MacDonald as part of a shift in its business away from refining. Summary Box: Electrolux's 4th-qtr profit drops
(AP)
2 Feb 2012, 2:54 pm
AP - CHALLENGING ENVIRONMENT: Swedish appliance maker Electrolux AB said its fourth-quarter profit shrank as increasing competition and weak demand limit its ability to raise prices, while raw material costs increase. Summary Box: Raw materials costs hurt Unilever
(AP)
2 Feb 2012, 2:50 pm
AP - HIGH COSTS: Unilever PLC, the consumer-goods maker behind brands including Lipton tea, Dove soap and Ben & Jerry's ice cream, struggled in 2011 to pass on higher raw material costs to cash-strapped consumers. Summary Box: Merck swings to profit in 4th quarter
(AP)
2 Feb 2012, 2:44 pm
AP - BACK IN BLACK: Higher sales of most key drugs and lower charges push Merck & Co. back to a fourth-quarter profit. Adjusted income of $2.98 billion, or 97 cents a share, beat expectations, but sales were a tad short. Summary Box: Dow Chemical posts 4Q loss on charge
(AP)
2 Feb 2012, 11:45 am
AP - ECONOMIC IMPACT: Volume declined 3 percent overall. Weakness in Western Europe and the U.S. was partially offset by higher volume in Latin America and the Asia-Pacific region. Tax benefit boosts CME 4Q profit, co. ups dividend
(AP)
2 Feb 2012, 11:35 am
AP - Exchange operator CME Group Inc. said its fourth-quarter net income more than tripled, helped by a one-time tax benefit that offset a $30 million loss related to the collapse of trading firm MF Global. Summary Box: Shell looks past weak earnings
(AP)
2 Feb 2012, 9:42 am
AP - MOVING ON: Royal Dutch Shell PLC's top executives dismissed weaker than expected fourth-quarter earnings and said the company would embark on a new program to boost production, emphasizing U.S. natural gas. NYSE, Deutsche Boerse call off merger on EU block
(AP)
2 Feb 2012, 9:40 am
AP - The New York Stock Exchange and German exchange Deutsche Boerse have called off their planned merger, a day after the European Union said it would block the union because of concerns about a monopoly. Dow Chemical profit, revenue miss
(Reuters)
2 Feb 2012, 8:50 am
Reuters - Dow Chemical Co's quarterly profit and revenue missed Wall Street's expectations as demand for electronics, plastics and coatings plunged, causing the company to slash production and aggressively discount some products. US stock futures edge up slightly
(AP)
2 Feb 2012, 7:15 am
AP - U.S. stock futures are up slightly after a weekly report on new unemployment claims showed the number of people seeking unemployment aid fell last week.
MasterCard takes $495M charge to cover fee suit
(AP)
2 Feb 2012, 6:34 am
AP - Payments processor MasterCard says it took a $495 million charge in its fourth quarter to cover potential losses from an ongoing lawsuit brought by merchants over the fees they pay on credit card transactions.
Kellogg fourth-quarter net income jumps
(AP)
2 Feb 2012, 6:27 am
AP - Cereal maker Kellogg Co. says its fourth-quarter net income rose 23 percent as higher revenue in North America helped offset weakness in Latin America and Europe. MasterCard profit up 24 percent
(Reuters)
2 Feb 2012, 6:08 am
Reuters - MasterCard Inc reported a higher quarterly profit, as consumers around the world spent more money using credit and debit cards. Merck & Co. swings to Q4 profit on lower charges
(AP)
2 Feb 2012, 5:37 am
AP - Drugmaker Merck & Co. has swung to a fourth-quarter profit because of lower acquisition and restructuring charges and slightly higher sales. Timeline: From dorm room to Nasdaq: Facebook's meteoric ascent
(Reuters)
2 Feb 2012, 5:32 am
Reuters - Facebook on Wednesday filed to raise $5 billion in an initial public offering. Here are a few highlights of its meteoric rise, several of which were chronicled in David Fincher's seminal Oscar-winning 2010 movie, "The Social Network": Shell looks past weak earnings, targets new growth
(AP)
2 Feb 2012, 5:06 am
AP - Royal Dutch Shell PLC's top executives dismissed weaker than anticipated fourth quarter earnings as a blip on Thursday and said Europe's biggest oil company would embark on a new program to boost production, notably in North America. Hit by yen, Thai floods, Sony sees wider net loss
(AP)
2 Feb 2012, 4:27 am
AP - Hammered by weak TV sales, a strong yen and production disruptions from flooding in Thailand, Sony Corp. on Thursday reported a net loss of 159 billion yen ($2.1 billion) for the October-December quarter and more than doubled its projected loss for the full fiscal year.
Egypt market plunges after deadly soccer riots
(AP)
2 Feb 2012, 3:51 am
AP - Egypt's benchmark stock index fell plunged within minutes of the start of trade Thursday as deadly soccer riots the night before left 74 dead and rekindled fears of fresh instability akin to the unrest that has battered the country and its economy in the year since the ouster of Hosni Mubarak.