Obama Turns To Industry Leaders For Job Growth Ideas
President Barack Obama turned to some of the nation's top business leaders Monday for ideas about how to generate more jobs during the economic recovery. Obama,...
Obama "Frustrated" With Swine Flu Vaccine Delays
President Barack Obama is reportedly frustrated with delays in delivery of vaccinations for the potentially deadly H1N1 influenza virus, better known as the...
UK House Prices Continue To Rise In October - Halifax
House prices in the UK rose 1.2% month-on-month in October after rising 1.5% in September, the Lloyds Banking Group Plc's Halifax division said Tuesday. It was the...
Euro Stuck In Mud Versus Dollar As Stocks Fall
The euro remained close to near-term lows against the dollar and yen as lower global stocks diminished risk appeal. Traders showed caution ahead of the U.S. interest rate decision tomorrow.
The Federal Open Market Committee's...
Factory Orders Increase By Slightly More Than Expected In September
Orders for manufactured goods increased by a little more than expected in the month of September, according to a report released by the Commerce Department on Tuesday, with the report also showing a notable increase in shipments.
The...
Dollar Fighting Back Versus Euro As Focus Turns To Fed
The dollar surged ahead versus the euro Tuesday morning in New York as the Federal Reserve prepared to meet amid growing anxiety that the economic growth seen over the summer may not be sustainable without continued support measures.
With...
Ford Motor Co. said Tuesday that its October U.S. sales rose 3.1% from last year due to strong customer demand for new cars and crossover utility vehicles. This marks the third time in the last four months that the automaker has reported year-over-year increase in monthly sales.
EU Reform Treaty Clears Final Hurdle With Czech Approval
Czech President Vaclav Klaus has signed the Lisbon Treaty, thus clearing the final hurdle to the European Union's (EU) reform pact coming into force.
Klaus was the last head of state among the European bloc's 27 members to sign the bitterly contested Lisbon reform treaty. He completed the formality Tuesday, hours after the Czech constitutional court rejected a complaint against it.
The euro-skeptic president signed the decisive treaty with a discordant note, accusing the court of bias a
Johnson & Johnson To Cut Upto 7% Workforce
Tuesday, diversified healthcare giant Johnson & Johnson revealed global restructuring initiatives, including elimination of 6% - 7% of its global workforce, to solidify its position as the world's leading global health care company.
BREAKING NEWS
Martin Marietta Materials Q3 Profit Declines; Cuts FY09 Guidance - Update
11/3/2009 1:22:15 PM
Tuesday, Martin Marietta Materials Inc. (MLM), a provider of aggregates for the construction industry, reported that its third-quarter net income attributable to the company decreased from the previous year....
Martin Marietta Materials Q3 Profit Declines; Cuts FY09 Guidance - Update
11/3/2009 1:19:45 PM
Tuesday, Martin Marietta Materials Inc. (MLM), a provider of aggregates for the construction industry, reported that its third-quarter net income attributable to the company decreased from the previous year....
Cablevision Q3 Profit Surges - Update
11/3/2009 12:37:06 PM
Tuesday, media and entertainment company Cablevision Systems Corp. (CVC) reported a surge in third quarter profit, reflecting a 5% growth in revenues.
The Bethpage, New York-based company's third quarter....
Alpha Natural Resources Slips To Loss In Q3 - Update
11/3/2009 12:35:14 PM
Tuesday, Coal producer Alpha Natural Resources Inc. (ANR), reported a loss for the third quarter compared with a profit last year, as higher expenses more than offset the boost in revenues for the period.....
Allegiant Air October Traffic Up 31% - Update
11/3/2009 12:27:06 PM
Allegiant Air, LLC, a wholly-owned subsidiary of Allegiant Travel Co. (ALGT) Tuesday reported a rise in traffic for October, compared to the same month last year. Total system traffic for the month increased....
QUICK FACTS
Thor Oct. Quarter Sales Up 14% - Quick Facts
11/3/2009 2:02:20 PM
Thor Industries, Inc. (THO) announced that its preliminary sales for the three months ended October 31, 2009 were $501 million, up 14% from $439 million last year.
RV sales in the quarter were $389...
VIVUS Promotes Peter Tam As President - Quick Facts
11/3/2009 1:43:09 PM
VIVUS, Inc. (VVUS) announced the promotion of Peter Tam to president of VIVUS. In this position, Tam will lead and have overall responsibility for VIVUS' development and business functions, including corporate...
Traders Likely to Remain Cautious Ahead of Fed Decision, Data
The major U.S. index futures are pointing to a lower opening on Tuesday, with the futures trimming their losses following the trickling in of deal news. However, traders are likely to tread a cautious line, as they await the outcome of the FOMC rate setting meeting and the release of employment data.......
(complete analysis)
Gold Leads TSX Modestly Higher - Canadian Commentary
11/3/2009 11:38:55 AM
Toronto stocks turned mildly higher as gold stocks strengthened on the back of record bullion prices, offsetting weakness in the energy sector. The market is attempting to move off of a two-month low.
The S&P/TSX Composite Index has edged up 19.38 points or 0.17% to move at 10,898.29. The index is......
Bay Street Stocks Could Extend Slump; Railroads In Focus
11/3/2009 9:12:46 AM
Canadian stocks will look to snap back from a two-month low on Tuesday, but early signals are pointing to another lackluster session amid concerns that the global economic recovery has yet to take hold.
Railroads could provide a measure of support after billionaire investor Warren Buffett's Berkshire......
Bay Street Stocks Continue Downward Swing As RIM Falls On Downgrade - Canadian Commentary
11/2/2009 5:00:06 PM
Toronto stocks finished at a two-month low on Monday, closing in the red for the sixth time in seven sessions. Tech stocks led the decliners after a downgrade for Research in Motion (RIM.TO).
The S&P/TSX Composite Index fell 32.4 points or 0.29% to settle at 10,878.35. The market had hit below 10,750......
Asian Stocks Drop Ahead Of Fed Meeting
Asian stocks mostly edged lower on Tuesday on concerns stimulus measures if withdrawn prematurely may undermine a....
Dundee REIT Q3 FFO Rises - Quick Facts
11/3/2009 1:39:06 PM
Dundee REIT (D_U.TO) reported third quarter funds from operations was C$16.2 million or C$0.74 per unit, compared....
Bay Street Stocks Rise Off Of Two-Month Low
11/3/2009 1:26:58 PM
Canadian stocks are moderately higher in early afternoon trading on Tuesday as bullion's surge to a new record high....
Landry's Restaurants Has Spiked To The Upside
11/3/2009 10:32:01 AM
Trading in shares of Landry's Restaurants (LNY) has been halted since the open Tuesday, but has resumed in the last few minutes. The stock has spiked sharply to the upside and is now......
Peet's Coffee & Tea Is Rising After Making An Acquisition
11/3/2009 9:43:33 AM
Peet's Coffee & Tea (PEET) announced after the close Monday that it agreed to acquire Diedrich Coffee Inc. (DDRX) for $26.00 per share. The cash-and-stock transaction is valued at approximately......
Human Genome Sciences Has Jumped To A New High On Study Results
11/2/2009 9:37:49 AM
Human Genome Sciences (HGSI) and GlaxoSmithKline PLC (GSK) announced Monday morning that BENLYSTA met the primary endpoint in the second of two Phase 3 trials in seropositive patients......
SHORT TERM
MEDNAX In The Watch List - Stocks To Watch
11/2/2009 8:59:18 AM
Pediatric physician services provider MEDNAX, Inc. (MD), which principally grows through acquisitions, posted
Perrigo's Upbeat Quarter, Outlook – Stocks To Watch
11/2/2009 8:42:49 AM
Drug maker Perrigo Co. (PRGO) posted better-than-expected first quarter results and lifted full-year earnings expectations significantly. The company cited growth across all its segments...
Nanometrics In The Watch List - Stocks To Watch
10/30/2009 8:57:51 AM
Semiconductor manufacturing equipment maker Nanometrics Inc. (NANO) erased its losses in the third-quarter, amid positive developments in the chip sector.
The company cited multi-system...
Biotechnology Stocks Showing Strong Upward Moves
11/2/2009 11:38:37 AM
After showing a strong upward move at the open, biotechnology stocks are continuing to see notable strength in late morning trading on Monday. The NYSE Arca Biotechnology Index is near......
Oil Service Stocks Moving Back To The Downside Along With Crude Oil
10/30/2009 11:57:23 AM
While significant weakness has emerged in a number of sectors on Friday, oil service stocks are posting particularly steep losses amid a notable decrease by the price of crude oil.......
Emerson Q4 09 Earnings Conference Call At 3:00 PM
Idenix Pharmaceuticals To Present At The Oppenheimer 20th Annual Healthcare Conference; Webcast At 2:45 PM
Gentiva Health Services To Present At The Oppenheimer 20th Annual Healthcare Conference; Webcast At 2:45 PM
First Merchants Q3 09 Earnings Conference Call At 2:30 PM
LeCroy To Present At The 39th Annual TechAmerica AeA Classic Financial Conference; Webcast At 2:25 PM