Stocks gain as P&G, Eyetech advance
Reuters - U.S. stocks advanced on Monday as consumer products maker Procter & Gamble Co. gained after an article in Barron's said the stock was undervalued and OSI Pharmaceuticals said it would buy Eyetech Pharmaceuticals Inc.
Stocks Move Higher on Acquisition News
Stock markets up as investors eye major acquisitions, C$ up after solid retail report
Canadian Press - TORONTO (CP) - Stock markets rose Monday morning as investors eyed two major Canada-related deals while the Canadian dollar advanced after a strong retail sales report.
Market at Crossroads of Earnings and Oil
AP - Wall Street's gains from bullish second-quarter earnings are evaporating quickly in the face of near-record crude oil futures and increasing evidence that high gasoline prices are diverting consumers' dollars.
Friday's Wall Street Glance
AP - Dow Jones Industrials
Dollar clings to gains after 5 day rise
Reuters - The dollar held gains on Friday after a five-day winning streak against a basket of major currencies, as a robust U.S. factory survey backed views the Federal Reserve will keep raising interest rates.
NYSE says fines Merrill Lynch $10 mln
Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."
Nikkei ends flat after GDP, off 4-yr high
Reuters - Tokyo's Nikkei average ended down 0.01 percent on Friday, a touch off the previous day's four-year high as weaker-than-expected GDP and a higher yen prompted selling in JFE Holdings and other recent gainers.
Stocks set to edge up as Fed tops agenda
Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.
Stocks drop on oil at record $64
Reuters - U.S. stocks slipped on Monday as crude oil climbed to a record $64 a barrel, stoking concerns about the impact of high energy costs on corporate profits and consumer spending, while worries about rising interest rates hurt shares of banks and home builders.
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