Stocks fall as hurricane Rita looms
Reuters - U.S. stocks fell on Wednesday as the approach of Hurricane Rita helped lift oil prices, renewing concerns about the impact on corporate profits.
Stocks Fall on Oil Prices, Rita Worries
AP - A hike in oil prices sent stocks lower Wednesday as traders worried about the damage that Hurricane Rita might wreak on Texas refineries.
Stock markets mixed as hurricane Rita upgraded, oil prices surge
Canadian Press - TORONTO (CP) - Energy shares took the Toronto stock market higher Wednesday afternoon as the price of oil moved higher in the face of another hurricane.
Stocks Decline on Hurricane Rita Fears
AP - Soaring oil prices sent stocks lower Wednesday as traders worried about the damage that Hurricane Rita might wreak on Texas refineries.
Dollar tumbles on Rita fears
Reuters - The dollar lost about one percent versus the euro and Swiss franc on Wednesday, despite Tuesday's rise in U.S. interest rates, as markets feared a new hurricane could wreak as much damage in the United States as Katrina.
Nikkei hits new 4-yr high on banks
Reuters - The Nikkei share average rose 0.37 percent to a fresh four-year closing high on Wednesday as investors, bullish about Japan's recovery after land price data the day before, bought shares in property developers and banks.
Tuesday's Wall Street Glance
AP - Dow Jones Industrials
New $5B energy trust to be formed by merger of Acclaim Energy and StarPoint
Canadian Press - CALGARY (CP) - StarPoint Energy Trust's short but aggressive life will draw to a close as it announced plans Monday to merge with Acclaim Energy Trust, forming Canada's third-largest conventional oilpatch trust with an enterprise value of more than $5 billion.
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.
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