Friday, October 14, 2005

Stock Markets Afternoon News 10/14/2005

Stocks gain on CPI, GE

Reuters - U.S. stocks advanced on Friday as a strong profit from General Electric Co. raised optimism about upcoming earnings reports and as U.S. consumer price data showed less-than-expected core inflation.

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Stocks Gain on Mild Core Inflation Data

Specialist Rick Oscher, second left., directs trades in shares of Waters Corp on the floor of the New York Stock Exchange, Friday Oct. 14, 2005. Waters Corp., maker of instruments that identify chemical compounds, on Thursday lowered its third-quarter outlook, citing slower-than-expected sales growth.  (AP Photo/Richard Drew)AP - Stocks rose moderately Friday after two upbeat economic reports showed inflation was relatively tame last month and that retail sales improved. Strong quarterly earnings at General Electric Co. contributed to the advance.


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Stocks higher as TSX energy sector turns positive, NY digests mixed data

Canadian Press - TORONTO (CP) - The Toronto stock market was up slightly Friday afternoon as investors picked up energy stocks that were beaten down earlier in the week.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Nasdaq slips, Dow gains limited

Reuters - The tech-laden Nasdaq fell on Tuesday to a 3-month low on weakness in semiconductor stocks, while the Dow's gains were limited by concerns about corporate profits and rising crude prices.

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Delphi to Trade Stock on 'Pink Sheets'

AP - Delphi Corp.'s stock and corporate bonds will trade on the over-the-counter electronic bulletin board after the company's shares and debt were suspended from trading Tuesday on the New York Stock Exchange.

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Dollar pushes to session highs after Fed

Reuters - The dollar lumbered up to session highs on Tuesday after release of the minutes of the Federal Reserve's last policy-setting meeting which reinforced market expectations for more interest rate hikes, traders said.

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Wall Street Journal Trims Down in Redesign

AP - The Wall Street Journal is cutting back the size of its newspaper as part of a redesign that will save it $18 million per year, the newspaper's publisher, Dow Jones & Co., said Tuesday.

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NYSE to suspend trading in Delphi

Reuters - The New York Stock Exchange said on Tuesday that trading in Delphi Corp. shares would be suspended immediately.

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Stocks set to open up, techs in focus

Reuters - U.S. stock index futures pointed to a higher opening on Wall Street on Tuesday, paring market declines seen in recent sessions, with earnings a key focus.

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