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Uncategorized - October 24, 2007 14:00
Futures decline on Amazon and Merrill (Reuters)
Reuters – Stock futures fell on Wednesday as Merrill Lynch & Co. Inc reported its first quarterly net loss in nearly six years and as earnings by Amazon.com Inc disappointed some investors. Read More…
Oil prices slip, extend recent decline
Oil prices extended their decline Wednesday as traders shrugged off the latest threat to Iraqi oil flows from a possible Turkish military incursion and focused on the impending release of weekly U.S. fuel data expected to show crude inventories rose Read More… SINGAPORE – Oil prices dropped further Wednesday ahead of the release of weekly […]
Earnings lift European equities
Earnings lift European equitiesEuropean equities edged up as truckmakers powered forward with pleasing third-quarter earningsSource: www.ft.com
Stock futures down, eyes on Merrill
FRANKFURT (Reuters) – Futures on benchmark equity indexes were in the red before Wall Street’s opening on Wednesday, with eyes on Merrill Lynch after media reports of bigger write-downs than the brokerage has flagged. Read More…
Oil Hovers Around $85 on OPEC Hike, Economic Woes
Oil Hovers Around $85 on OPEC Hike, Economic Woes Oil & Gas, CommoditiesBy ReutersOil retreated below $85 a barrel on Wednesday, falling for the fourth consecutive session on forecasts that U.S. crude inventories likely rose again and on signs that OPEC was already boosting oil supply.U.S. light, sweet Source: c.moreover.com Ghana projects 650 000 tonnes […]
Earnings fail to lift European equities
European equities were little changed, as weakness for mining groups offset some pleasing third-quarter earnings Read More…
Chrysler contract rejected by Indiana plants
DETROIT (Reuters) – Two Chrysler LLC plants in Indiana voted on Tuesday to reject a proposed contract for the No. 3 U.S. automaker, marking the latest and most serious setback to a tentative four-year deal negotiated by the United Auto Workers union. Read More…
HudBay Announces Significant New Zinc Discovery at Lalor Lake
Extract not available. Read More… NEW YORK (AP) – Soybean prices rose Tuesday on expectations U.S. supplies will shrink rapidly in the coming months amid growing demand for the beans to feed livestock and make alternative fuel. Corn and wheat prices fell, while energy futures declined Read More…
US tech shares help boost Asian stocks
Strong appetite for risky assets after positive results from big firms lifts US tech shares and causes Asian stocks to rise, with Asian tech players among top gainers Read More…
Sony, Kyocera close some San Diego ops due to fires
TOKYO (Reuters) – Japanese tech firms Sony Corp and Kyocera Corp said they have halted some production in the San Diego, California, area because of fires raging in the southern part of the state. Read More… WASHINGTON (Reuters) – U.S. Treasury Secretary Henry Paulson urged China on Tuesday to let its currency rise faster in […]
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