Wednesday, July 27, 2005

Stock Markets Morning News 7/27/2005

Stocks little changed on mixed outlooks

Reuters - U.S. stocks were little changed on Wednesday, with better-than-expected earnings from Boeing Co. partly offset by warnings of a cloudy outlook from chip maker Linear Technologies Corp.

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Stocks Nearly Flat Despite Solid Earnings

AP - Stocks traded in a narrow range Wednesday despite solid earnings from Amazon.com Inc. and Boeing Co. and encouraging data on durable goods orders.

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Stock market indicators mostly positive in earnings crush; loonie falls further

Canadian Press - TORONTO (CP) - Global indicators were mostly positive for North American stock markets Wednesday as oil prices eased, earnings reports flooded in and Petro-Canada adjusted to the premature release of its quarterly profit report.

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European shares up on robust results

Reuters - European stocks rose on Wednesday, boosted by strong corporate earnings, led by France Telecom after it unveiled the terms of a widely anticipated purchase of 80 percent of Spanish mobile operator Amena for 6.4 billion euros.

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Dollar firm after breaking key levels

Reuters - The dollar firmed toward recent 14-month highs versus the euro on Wednesday after breaking key technical levels ahead of this week's U.S. data which could spur expectations for further interest rates rises.

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Nikkei up, Canon falls ahead of results

Reuters - Tokyo's Nikkei share average rose 0.87 percent on Wednesday, led by Advantest Corp. after its profit recovery from the previous quarter encouraged investors, while a fall in the yen bolstered the auto sector.

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Tuesday's Wall Street Glance

AP - Dow Jones Industrials

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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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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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