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Category Archive: Business News

Jun
21
2011

U.S. stocks rise on strength of blue chips

Stocks rallied to complete higher in thin trading Monday as fears over Greece’s debt crisis subsided and investors snapped up beaten-down stocks. The Dow Jones Industrial Average gained 76.02 points, or 0.63 percent, to near at 12080.38, led by DuPont [DD  Loading...      ()   ] and Caterpillar [CAT  Loading…      ()   …

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Jun
21
2011

US STOCKS SNAPSHOT-Wall St extends rally on technical support

Stocks rallied to end higher in thin trading Monday as fears over Greece’s debt crisis subsided and investors snapped up beaten-down stocks. The Dow Jones Industrial Average gained 76.02 points, or 0.63 percent, to shut at 12080.38, led by DuPont [DD  Loading...      ()   ] and Caterpillar [CAT  Loading…      ()   …

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Jun
21
2011

Market Snapshot: U.S. stocks rise on blue-chip strength

Stocks rallied to complete higher in thin trading Monday as fears over Greece’s debt crisis subsided and investors snapped up beaten-down stocks. The Dow Jones Industrial Average gained 76.02 points, or 0.63 percent, to shut at 12080.38, led by DuPont [DD  Loading...      ()   ] and Caterpillar [CAT  Loading…      ()   …

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Jun
21
2011

US STOCKS-Wall St advances in a bounce off key support

Stocks rallied to complete higher in thin trading Monday as fears over Greece’s debt crisis subsided and investors snapped up beaten-down stocks. The Dow Jones Industrial Average gained 76.02 points, or 0.63 percent, to shut at 12080.38, led by DuPont [DD  Loading...      ()   ] and Caterpillar [CAT  Loading…      ()   …

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Jun
21
2011

Seoul shares open higher as tech, auto issues rise

SEOUL, June 21 | Mon Jun 20, 2011 8:10pm EDT SEOUL, June 21 (Reuters) – Seoul shares opened higher on Tuesday after gains on Wall Street, with sentiment helped by the latest attempts to deal with Greece’s debts. Rises were led by large-cap technology and auto stocks including LG Electronics and Hyundai Motor . The …

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Jun
21
2011

Seoul shares seen higher after U.S. gains

Mon Jun 20, 2011 7:44pm EDT SEOUL, June 21 (Reuters) – Seoul shares may open higher on Tuesday after gains on Wall Street, helped by the most recent attempts to deal with Greece’s debts. “The market will probably open higher today. Shares have become attractive at their near-term bottom and the wider environment has become …

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Jun
21
2011

Stocks post third straight day of gains

{“s” : “aet,hum,ms,pnc,wfm,wmt”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Stan Choe and David K. Randall, AP Business Writers, On Monday June 20, 2011, 7:19 pm EDT NEW YORK (AP) — Investors largely set aside their concerns in regards to the Greek financial crisis Monday and focused instead on value. Stocks rose broadly after the market …

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Jun
21
2011

Double Shot Primes Markets: Dave’s Daily

The Fed completed the biggest POMO action since QE2 began in September. Monday’s POMO (“A Double Shot of My Baby’s Love”?) came as markets were still oversold, which relieved this condition but may leave us drumming our fingers until after Wednesday’s FOMC meeting results. Although stocks rallied modestly Monday, volume was nearly 35% below last …

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Jun
21
2011

Energy Stocks: Exxon helps energy stocks post slim gains

By Steve Gelsi, MarketWatch BIG APPLE (MarketWatch) – Oil and gas stocks closed narrowly higher Monday because the broad market moved up and crude prices halted recent declines, with Exxon Mobil leading the way in which among major oil companies. …

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Jun
21
2011

Pops & Drops: Agrium, Petsmart…

Following are moves you may have missed. Discover why shares of Agrium and Petsmart popped while Blackstone and Research In Motion dropped. POPS (stocks that jumped higher) Agrium (AGU) popped 4%. The corporate raised its second-quarter earnings outlook, citing strong retail sales and better nutrient prices. – Around $83 i suspect it’s attractive, says Guy …

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