Dow falls as oil rebounds
Stocks Fall Amid Spike in Oil, Gas Prices
Stock markets mixed on higher oil price, anticipated Fed rate hike
Canadian Press - TORONTO (CP) - Canadian and American stock markets continued to move in opposite directions Monday afternoon, as crude oil prices shot past $67 US a barrel while U.S. investors grew more anxious about the Federal Reserve's upcoming meeting on interest rates.
Acclaim Energy and StarPoint to merge into $5B energy trust; to seek NYSE listing
Canadian Press - CALGARY (CP) - Acclaim Energy Trust and StarPoint Energy Trust are merging into one of the largest energy trusts in North America - with an enterprise value of more than $5 billion - and will seek a listing on the New York Stock Exchange.
Sirius rises, ViaCell falls before open
Reuters - Shares of Sirius Satellite Radio Inc. rose 0.71 percent before the opening bell on Monday after it raised its 2005 full year revenue forecast, and said it expects strong revenue growth in 2006.
Wall Street seen lower as oil climbs
Reuters - Shares on Wall Street are expected to open lower as oil prices climbed more than 1 percent as a new storm appeared to be headed for the U.S. Gulf Coast.
Euro falls to one-month low
Reuters - The euro fell more than 3/4ths of a U.S. cent to a one-month low on Monday after provisional results from German elections revealed no clear winners, clouding the outlook for much-needed reforms in Europe's biggest economy.
Wall Street Casts Wary Eye on the Fed
AP - Wall Street will be focused this week on the Federal Reserve and whether policymakers will raise interest rates an 11th consecutive time, a move that could cause investors to pull back amid greater uncertainty about economic growth in Hurricane Katrina's aftermath.
Friday's Wall Street Glance
AP - Dow Jones Industrials
Stock futures point higher
Reuters - U.S. stock futures pointed to a higher market open on Friday as investors awaited a report on consumer confidence for indications of how Hurricane Katrina and surging gasoline prices are affecting the psyche of the American shopper.
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