Stocks rise as Rita downgraded, oil eases
Stocks Turn Higher As Rita Weakens a Bit
TSX moves lower on energy losses, NY up on hopes for minimal damage from Rita
Canadian Press - TORONTO (CP) - The Toronto stock market turned sharply lower Thursday as energy stocks and oil prices fell on hopes that hurricane Rita will spare a concentration of energy production facilities along the U.S. Gulf Coast.
Dollar becalmed as markets await Rita
Reuters - The dollar hugged tight ranges on Thursday nervously waiting to see if Hurricane Rita, which was heading for the coast of Texas, would damage the U.S. economy and slow the pace of U.S. interest rate rises.
Nikkei sags on oil, hurricane worries
Reuters - Tokyo's Nikkei ended down 0.28 percent on Thursday after concerns that Hurricane Rita could drive oil prices higher and further dampen the U.S. economy prompted investors to cash in recent winners such as Millea Holdings Inc. T>
Wednesday's Wall Street Glance
AP - Dow Jones Industrials
Dow Loses 103, Nasdaq Falls 25 on Rita
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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