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- Best Stocks in April Mostly From Developed World
- NEW YORK (Reuters UK) - The biggest-gaining stocks in April were mostly from developed countries, according to an analysis of stocks in Russell Investment Group's global indexes, released on Thursday. A list of the top 100 stocks, based on total return, showed 80 of the...
- News items 2008-05-01
- Global Stocks Rise After HSBC; Dollar Firmer
- By Natsuko Waki LONDON (Reuters) - World stocks rose on Monday, supported by better-than-expected first-quarter results from HSBC which eased concerns about the banking sector, while the dollar rose towards last week's two-month peak. Major financial markets were calm after China's southwest ...
- News items 2008-05-12
- Stock Futures Lower on Banks, Wal-Mart
- By Kristina Cooke NEW YORK (Reuters) - Stock index futures fell on Tuesday after Oppenheimer & Co slashed its price targets on a number of brokerages and on concern about Wal-Mart Stores Inc's WMT outlook. A number of Federal Reserve speakers will be...
- News items 2008-05-13
- Hansen Has a Great Quarter, but Not to Wall Street
- After plowing through news reports after a company reports earnings, it's often refreshing to take a look at the Motley Fool. While wire services, newspapers and most stock-oriented blogs tend to focus on whether or not a company has "met Wall Street expectations" for the latest quarter, the Fool --...
- Blog posts 2008-05-09
- CIT Sells $1.5 Billion of Stock
- By Jonathan Stempel NEW YORK (Reuters) - CIT Group Inc CIT, a commercial finance company trying to raise cash amid the global credit crisis, on Tuesday said it sold $1.5 billion of common stock and convertible preferred stock, 50 percent more than planned....
- News items 2008-04-22
- Fear Recedes as Corporate Profits Reassure Investors
- By Doris Frankel CHICAGO (Reuters) - The Chicago Board Options Exchange Volatility Index or VIX on Wednesday dropped to its lowest levels this year as encouraging earnings from blue-chip stocks helped lift investors' spirits after a string of disappointments last...
- News items 2008-04-16
- Europe Shares End Lower in Thin Trade
- By Sitaraman Shankar LONDON (Reuters UK) - European shares ended lower on Monday, breaking a three-day winning streak, as weaker techs and telecoms offset the impact of surprisingly robust U.S. service sector figures. The pan-European FTSEurofirst 300 index of top European stocks ended down 0.25...
- News items 2008-05-05
- CIT Sells $1.5 Billion of Stock
- NEW YORK (Reuters) - CIT Group Inc CIT, a commercial finance company trying to raise cash amid the global credit crisis, on Tuesday said it sold $1.5 billion of common stock and convertible preferred stock, 50 percent more than planned, in...
- News items 2008-04-22
- European Shares Down on Nokia and Pharma Stocks
- FRANKFURT (Reuters UK) - European shares fell on Thursday, led lower by Nokia (NOK1V) after the world's biggest maker of mobile phones failed to impress investors with its outlook, dragging down other technology and telecom stocks. The pan-European FTSEurofirst 300 index closed down 0.6...
- News items 2008-04-17
- Fred Hassan, Schering's $30 Million Man
- Schering-Plough has had a fairly miserable year so far, thanks to its apparent efforts to keep bad scientific news about the cholesterol pill Vytorin out of the public eye. CEO Fred Hassan, however, is still living off last year's glory -- even if it might well have been far less...
- Blog posts 2008-04-24
- Fortress Posts Loss, Stock Price Falls
- BOSTON (Reuters) - Fortress Investment Group LLC FIG reported a quarterly loss on Thursday and its share price fell sharply after its hedge fund business suffered in turbulent market conditions. The 10-year-old company, one of only a handful of publicly traded...
- News items 2008-05-08
- Google Profit Beats Forecasts, Shares Jump
- SAN FRANCISCO (Reuters) - Google GOOG on Thursday posted a better-than-expected profit, defying fears the company is facing an Internet advertising slowdown and sending its shares past the $500 mark in extended trade. The Web search leader, one of the hottest technology stocks...
- News items 2008-04-17
- Bakers Feeling Pinch of Short Supplies
- By Ayesha Rascoe WASHINGTON (Reuters) - Already feeling the pinch from soaring wheat and flour prices, U.S. bakers are now beginning to experience some supply shortages. Rye flour stocks have been depleted in the United States, and by June or July there will...
- News items 2008-04-22
- Peltz Gets Wendy's for a Song; Now Comes the Tricky Bit
- Early reaction to the takeover of Wendy's International by the particularly active activist investor Norman Peltz, announced Thursday, is coming in. The Wall Street Journal's Deal Journal blog is reporting that Peltz's Triarc, which owns 9.8 percent of Wendy's, was pushed into closing the deal by a...
- Blog posts 2008-04-24
- AMD Shares Jump on Restructuring Optimism
- By Duncan Martell SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc AMD shares jumped more than 12 percent on Tuesday on investor optimism that the beleaguered chipmaker could soon announce its long-awaited strategy to revamp manufacturing to cut costs. The stock's...
- News items 2008-05-06
- China Earnings Outlook Regains Some Luster After Q1
- By Lu Jianxin - Analysis SHANGHAI (Reuters) - Earnings prospects for China's 1,500-plus listed companies have brightened after they posted better-than-forecast profits in the first quarter, bolstered by unexpectedly brisk economic growth. Six fund managers and securities analysts surveyed by Reuters...
- News items 2008-04-30
- Debenhams Blames Credit Crunch For Consumer Woes
- By Mike Elliott LONDON (Reuters UK) - Department stores group Debenhams DEB reported lower first-half profits ahead of consensus but warned that the outlook remained challenging as UK shoppers tighten their belts during the credit squeeze. "It is a tough market; consumer confidence is low," Chief...
- News items 2008-04-15
- Nikkei Down 0.6 Percent Ahead of Earnings
- By Aiko Hayashi TOKYO (Reuters UK) - Japan's Nikkei stock average slipped 0.6 percent on Thursday, as investors sold recent gainers such as Mitsubishi UFJ Financial Group and other bank shares ahead of a wave of earnings announcements and national holidays. Kirin Holdings Co, a brewer,...
- News items 2008-05-01
- Monster Backdating Options Criminal Probe Not Over
- By Leslie Gevirtz NEW YORK (Reuters) - U.S. prosecutors are continuing their criminal investigation into the manipulation of stock options at Monster Worldwide Inc MNST, according to a filing in U.S. District Court in Manhattan. U.S. Attorney for the Southern District of New...
- News items 2008-04-23
- Office Depot Profit Down But Beats Street View
- By Justin Grant NEW YORK (Reuters) - Office Depot Inc ODP posted a sharply lower quarterly profit on Tuesday as sales to small business owners fell but the results beat Wall Street's expectations and its shares rose as much as 13 percent. The...
- News items 2008-04-29
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