Thursday, September 15, 2005

Stock Markets Morning News 9/15/2005

Stocks rise after benign inflation data

Reuters - U.S. stock rose on Thursday after government data showed consumer inflation grew at a milder-than-expected pace in August, raising expectations the Federal Reserve may pause its interest-rate hike campaign at least once this year.

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Stocks Nearly Still on Tame Inflation

Traders at the New York Stock Exchange in New York. U.S. stock futures pointed toward a higher market open on Thursday as investors faced reports of potential merger activity and looked ahead to a key measure of consumer inflation due out before the opening bell. (Seth Wenig/Reuters)AP - Stocks barely moved Thursday as investors wondered whether soaring energy costs in concert with the aftereffects of Hurricane Katrina would hobble the economy.


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North American stock markets open higher after U.S. inflation report; oil price rises

Canadian Press - TORONTO (CP) - North American stock markets had a positive start Thursday morning as crude oil prices rose after a report that U.S. core inflation remains in check.

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Wall Street set to open firmer, CPI eyed

Reuters - U.S. stock futures are pointing to a higher start on Wall Street on Thursday with energy stocks set to rise after European peers were boosted while August's consumer prices index will be closely watched.

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Wednesday's Wall Street Glance

AP - Dow Jones Industrials

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NYSE President Britz to Retire

AP - Robert Britz, one of the New York Stock Exchange's two presidents, will retire from the Big Board by the end of the year, the exchange said Wednesday.

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Ex-Regulator: NYSE Dropped Cases at Request

AP - The New York Stock Exchange, acting on a request by a top Securities and Exchange Commission official, in 2001 dropped cases against a dozen firms whose e-mail retention and storage procedures had been found to be deficient, according to a former NYSE regulator.

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BP Unit Innovene Files for NYSE IPO

AP - Innovene, a Chicago-based unit of British oil company BP PLC that makes chemicals for lubricants, paint and fabric, has registered for an initial public offering on the New York Stock Exchange, in line with previously announced plans.

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Stocks fall on Hurricane-related worries

U.S. stocks fell on Tuesday with the Dow and the S and P 500 index logging their biggest percentage declines in nearly a month amid corporate profit concerns related to the impact of Hurricane Katrina, high oil prices and lackluster consumer spending. (Ralph Orlowski/Reuters)Reuters - U.S. stocks fell on Tuesday with the Dow and the S&P 500 index logging their biggest percentage declines in nearly a month amid corporate profit concerns related to the impact of Hurricane Katrina, high oil prices and lackluster consumer spending.


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After the Bell - Ford rises on Hertz deal

Reuters - Shares of Ford Motor Co. rose to $10.02 in extended hours of trading on Monday after it formally announced a deal to sell its Hertz Corp. unit to a group of private equity firms for $5.6 billion..

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