Monday, September 12, 2005

Stock Markets Afternoon News 9/12/2005

Tech stocks up on Oracle, eBay deals

Reuters - U.S. technology stocks rose on Monday after software maker Oracle Corp. and online auction house eBay Inc. announced multibillion-dollar acquisitions, boosting investor enthusiasm for the sector.

Read More...

Stocks Are Mixed on Spate of Acquisitions

In a file photo eBay Inc.  headquarters in San Jose, Calif., is shown Wednesday, April 21, 2004. The online auctioneer eBay Inc. said Monday, Sept. 12, 2005,  that it will acquire Internet communications company Skype Technologies SA for about $2.6 billion in cash and eBay stock. (AP Photo/Paul Sakuma)AP - Stocks were mixed on Wall Street Monday, with a spate of multibillion-dollar acquisitions lifting technology shares but volatility in airlines and falling energy prices limiting the gains.


Read More...

North American stock markets mixed amid takeover, labour deals; loonie sinks

Canadian Press - TORONTO (CP) - Canada's benchmark stock index dipped into negative territory Monday afternoon on falling energy stocks as crude oil prices fell below $64 US a barrel.

Read More...

Stocks seen steady, focus on eBay-Skype

Reuters - U.S. shares were expected to open steady on Monday as crude oil prices stayed near $64 a barrel, while online auction house eBay will be eyed following acquisition news of an acquisition.

Read More...

Investors Optimistic Despite Oil, Katrina

An oil tanker is docked at a Marathon refinery along the Mississippi River Saturday, Sept. 10, 2005 outside New Orleans. (AP Photo/David J. Phillip)AP - Stock investors are feeling bullish these days, shrugging off so far the effects of $3-per-gallon gasoline and the short-term economic impact of Hurricane Katrina's devastation.


Read More...

Friday's Wall Street Glance

AP - Dow Jones Industrials

Read More...

Dollar steers clear of recent lows

Reuters - The dollar on Friday held more than a cent away from three-months lows against the euro hit after the deadly Hurricane Katrina struck the U.S., as fears about the long-term impact of the disaster waned.

Read More...

Nikkei up on techs

Reuters - Japan's Nikkei average rose 1.26 percent to end at a four-year high on Friday as investors bought lagging tech shares, with expectations that the ruling coalition will win Sunday's general election also lifting the market.

Read More...

NYSE Postpones Life Sciences Listing

AP - Executives of Life Sciences Research Inc., a medical research firm frequently targeted by animal rights activists, were having breakfast in the ornate dining room of the New York Stock Exchange on Wednesday, excited about their new listing on the Big Board.

Read More...

Dollar gains as oil price falls

Reuters - The dollar rose against the euro on Thursday as oil prices fell in the wake of U.S. crude oil inventory data.

Read More...

No comments: