Monday, August 08, 2005

Stock Markets Morning News 8/8/2005

U.S. stocks rise, gains in energy

Reuters - U.S. stocks rose briskly on Monday, led by energy companies, as crude prices were pushed to a record high on concerns over oil supply.

Read More...

Stocks Rise on E-Trade, Quest Acquisitions

AP - Stocks rose Monday on acquisitions, real and rumored, after E-Trade and Quest Diagnostics said they would buy rivals in deals worth more than $1.6 billion combined and a British newspaper reported that Cisco Systems could bid for cellphone maker Nokia.

Read More...

Takeover activity and earnings boost stock markets as oil hits record high

Canadian Press - TORONTO (CP) - Stock markets started the week on a positive note despite record-high oil prices as investors looked at major merger-acquisition activity and pored over fresh earnings news.

Read More...

European shares rise as techs rally

Reuters - European stocks gained on Monday, led by a rise in Nokia on a media report that Cisco Systems is considering buying the world's top mobile handset maker, while oil prices near record highs lifted Total.

Read More...

Nikkei up after postal bills rejected

Reuters - Tokyo's Nikkei share average reversed losses to end higher on Monday as the market took in stride the defeat of a key government bill to privatize the giant postal system, and likely general election.

Read More...

Fed Rate Policy to Dictate Week's Trading

AP - Wall Street knows the Federal Reserve is all but certain to raise interest rates at Tuesday's meeting. The bigger question, and one that may not get an answer this week, is when will the Fed stop?

Read More...

Friday's Wall Street Glance

AP - Dow Jones Industrials

Read More...

Stocks slip, jobs data prompts rate fears

Reuters - U.S. stocks fell broadly on Friday after a better-than-expected jobs report stirred worry about rising interest rates, hurting shares of companies sensitive to borrowing costs like homebuilders and banks.

Read More...

Alliance One of Many Under NYSE Probe

AP - Alliance Capital Management is one of approximately 20 companies under investigation by the New York Stock Exchange for failing to properly identify short-sale stock transactions, Alliance said Friday in a regulatory filing.

Read More...

A Status Report on Wall Street Indexes

AP - Investors cast off their July euphoria for the second straight day Thursday, shaving stock prices on lukewarm retail sales that set a dour tone for the day. Rising oil prices didn't help the market, which ignored the day's biggest bright spot, a positive unemployment claims report from the Labor Department.

Read More...

No comments: