Tuesday, October 11, 2005

Stock Markets Morning News 10/11/2005

Stocks rise on earnings, IBM upgrade

Reuters - U.S. stocks rose on Tuesday as initial quarterly earnings reports heartened investor sentiment and IBM received its second brokerage upgrade in two days, lifting technology shares.

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Wall Street Journal Trims Down

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 Suspends Trading in Bankrupt Delphi

AP - The New York Stock Exchange suspended trading in Delphi Corp. stocks and bonds Tuesday, three days after the auto parts maker declared bankruptcy, due to "abnormally low" trading levels of its stock.

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Stocks Climb on Alcoa, Genentech Earnings

A member of the New York City Police Department's (NYPD) elite Hercules Unit stands guard outside the Broad Street subway stop on Wall Street, 07 October 2005.  New York police commissioner Raymond Kelly defended the decision by local authorities to increase security on the city's subway system, despite skepticism among federal agencies over the seriousness of the threat.(AFP/File/Timothy A. Clary)AP - Strong earnings from Alcoa Inc. and Genentech Inc. sent stocks higher Tuesday as relieved investors tried to recover from last week's bruising losses.


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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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Stock markets higher on Inco-Falconbridge deal, Alcoa earnings

Canadian Press - TORONTO (CP) - Stock markets rose Tuesday morning amid a mega-deal involving two Canadian mining giants, while investors took in strong earnings from aluminum giant Alcoa.

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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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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Big Movers in the Stock Market

AP - Stocks that were moving substantially or trading heavily Monday on the New York Stock Exchange and Nasdaq Stock Market.

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Stocks set to open up as earnings begin

Reuters - U.S. stock index futures pointed to a higher market open on Monday as investors turned their attention to the start of third-quarter earnings reports and end-of-the-year profit outlooks.

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