Tuesday, July 26, 2005

Stock Markets Afternoon News 7/26/2005

Stocks get lift from TI and Lockheed

Reuters - U.S. stocks rose on Tuesday after several companies, including chip maker Texas Instruments Inc. and defense contractor Lockheed Martin Corp. reported profits that beat Wall Street estimates.

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Stocks Move Higher on Oil Prices, Earnings

AP - Stocks inched upward Tuesday as investors weighed slightly higher oil prices against strong earnings from companies including Verizon Communications Inc. and Texas Instruments Inc.

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Stock markets mostly flat on earnings reports, lower oil price; C$ sinks

Canadian Press - TORONTO (CP) - North American stock markets failed to build momentum on a wave of generally positive earnings reports as oil prices changed course Tuesday afternoon and headed higher.

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S&P 500, Nasdaq up but Dow dips

Reuters - The Standard & Poor's 500 and Nasdaq stock indexes rose to four-year highs on Tuesday on positive earnings news, while the blue-chip Dow average was hurt by disappointing earnings at chemical maker DuPont Co.

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Wall Street set for higher start

Reuters - Wall Street was expected to open higher on Tuesday with consumer confidence figures set to show a small rise while investors will scour a raft of company results after some contrasting figures in the previous session.

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European shares dip on results

Reuters - European stocks fell in early Tuesday trade in a busy day of quarterly results with earnings from chip maker Infineon and car maker Peugeot disappointing, while oil prices were steady.

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Nikkei falls, investors hold back

Reuters - Tokyo's Nikkei share average fell on Tuesday as investors held back from aggressive buying ahead of earnings results from major companies, although gains in some chip stocks after a brokerage upgrade limited losses.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Stocks set to open flat on earnings

Reuters - U.S. stock futures signaled a flat market open on Monday at the start of a busy earnings week, which was coupled with reports of merger and acquisition activity.

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Dollar stronger as yen loses China luster

Reuters - The dollar extended its rebound against the yen on Monday as the impact of last week's small but significant revaluation of the Chinese yuan faded and investors turned to economic data and interest rate differentials.

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