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CompareCC News Archive Listing for Stocks and Investing during 2007-03-01.
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Japanese stocks slip; dollar declines
 
AP - Japanese stocks fell moderately Thursday as investors remained cautious despite Wall Street's overnight rebound from a global market selloff triggered by a drop in Chinese shares.
Chinese stocks slip 2.9 percent to 2,797
 
AP - Chinese stocks fell back again Thursday, unable to maintain the previous day's rebound amid profit-taking and weak performances in other Asian markets.
Futures point lower as risk aversion gains
 
Reuters - Wall Street was set to open sharply lower on Thursday as a strengthening yen stirred concern that investors were being forced to unwind carry trades in a repeat of the risk aversion that sparked Tuesday's global market rout.
Europe stocks up on Wall Street rebound
 
AP - European stocks rose Thursday after a rebound on Wall Street and upbeat comments from the U.S. Federal Reserve chairman, while the major Asian stock markets retreated for a third day amid persistent unease about the global economy.
FTSE rebounds on upbeat earnings news
 
FT.com - London equities started to recover on Thursday as investors looked for bargains after two days of selling. Strong earnings news from Reuters and British American Tobacco also helped lift the gloom.
Treasury market cools after rally
 
AP - The U.S. Treasury market cooled off Wednesday, drawing prices gradually lower as stock markets began to recover from the previous day's losses and the Federal Reserve chairman offered reassurance on the outlook for U.S. growth.
First American posts lower quarterly earnings
 
Reuters - Mortgage insurer and business information provider First American Corp. on Thursday posted lower quarterly earnings.
Sears 4th-quarter earnings up 27 percent
 
AP - Sears Holdings Corp., operator of Sears department stores and Kmart discount stores, said Thursday its fourth-quarter earnings rose 27 percent, as margins improved despite weaker sales at established stores.
Del Monte posts lower quarterly profit
 
Reuters - Del Monte Foods Co. posted lower quarterly profit on Thursday due to rising ingredient costs and weak consumer demand for branded food and pet products.
Viacom posts 4Q profit of $480.8 million
 
AP - MTV owner Viacom Inc.'s profits nearly tripled in the fourth quarter following the addition of the DreamWorks studio last year, which swung its movie business to a profit.
Viacom posts quarterly profit higher on purchase
 
Reuters - Viacom Inc. (VIAb.N) said on Thursday its fourth quarter profit rose helped by the purchase of Dreamworks compared with a year ago when profit was dragged by charges.
Dow down 60 after falling another 209
 
AP - Wall Street tried to stage a comeback Thursday, with the Dow Jones industrials erasing much of a 209-point drop after an upbeat assessment of manufacturing activity eased some fears about a flagging U.S. economy. Just before 11 a.m. EDT, the Dow Jones industrial average was down 60.16, or 0.49 percent, at 12,208.47.
NYSE imposes trading curbs as stocks fall
 
Reuters - The New York Stock Exchange said on Thursday it instituted downside trading curbs as U.S. stocks fell sharply in early trading.
World stocks fall for third day
 
AP - European stocks fell Thursday, giving up earlier gains earlier in the day, amid persistent unease about the global economy and as U.S. stocks fell in early trading. Major Asian markets retreated for a third day.
FTSE loses gains as Dow slides further
 
FT.com - London equities reversed early gains on Thursday as Wall Street fell sharply on opening.
Anxiety returns to haunt Wall Street
 
FT.com - Wall Street stocks were poised to open sharply lower on Thursday, erasing some gains from the previous day's tentative recovery, after the release of mixed economic data and weakness in global equity markets.
Viacom profit rises on Dreamworks purchase
 
Reuters - Viacom Inc. (VIAb.N), owner of the Paramount film studio and MTV Networks, said on Thursday quarterly profit nearly quadrupled, helped by its purchase of the DreamWorks movie studio and hefty year-ago charges.
InBev 4Q profit more than doubles
 
AP - InBev SA, the world's largest brewer by volume, said Thursday its fourth-quarter profit more than doubled on increased sales of brands like Stella Artois, Beck's and Bass across all regions except its home base in Western Europe.
Cooper Tire breezes past estimates, shares jump
 
Reuters - Cooper Tire and Rubber Co. posted much better-than-expected quarterly profit on Thursday on strength in its key North American market, sending its shares up as much as 11 percent.
Viacom 4Q profit jumps on DreamWorks
 
AP - MTV owner Viacom Inc.'s profits more than tripled in the fourth quarter following the addition of the DreamWorks studio last year, which swung its movie business to a profit.
Aviva shares dive on earnings news
 
AFP - The price of Aviva shares plunged on Thursday as investors seized on news of disappointing annual pre-tax profits and amid a broader stock market dive.
Volatile European stocks end lower
 
FT.com - European equity markets gave back modest but welcome opening gains on Thursday as selling resumed on Wall Street.
Oil rises after manufacturing report
 
AP - Oil prices rose above $62 a barrel a day as traders eyed stock markets worldwide and after a report on the nation's manufacturing activity came in above expectations.
U.S. Treasuries push higher
 
AP - Prices for U.S. government treasuries pushed sharply higher Thursday as stocks opened weakly, but bonds lapsed back on unexpectedly strong data on U.S. manufacturing.
Staples profit rises, sales measure disappoints
 
Reuters - Staples Inc. , the world's largest office supplies retailer, reported on Thursday a 21.5-percent rise in quarterly profit, driven by increased demand for its private label items and higher North American retail sales.
Oil rises above $62 a barrel
 
AP - Oil prices rose above $62 a barrel Thursday when traders watched volatile global stock markets and after a morning report on the nation's manufacturing activity came in above expectations.
Jittery global stock markets fall again
 
AFP - Turbulent world stock markets fell again on Thursday as another wave of anxiety spread from Asia to Europe and led to further losses in the United States.
FTSE slides in volatile trading
 
FT.com - J Sainsbury stood out in a volatile trading session in which the FTSE 100 swung sharpy before coming to rest at a three-month low on Thursday.
Wall Street lower as anxiety returns
 
FT.com - Wall Street stocks plunged as the markets opened on Thursday but recovered some losses to stand slightly lower by midday in high-volume trading.
Oil prices settle at $62 a barrel
 
AP - Oil prices settled at $62 a barrel Thursday, the highest level in more than two months, as concerns over declining product supplies outweighed traders' worries about volatile global stock markets.
Gap 4Q profit down 35 percent
 
AP - Gap Inc.'s fourth-quarter profit fell 35 percent in a gloomy performance that triggered a recent management purge and doomed the slumping retailer's newest chain.
Berkshire annual profit up 29 percent
 
AP - Warren Buffett's Berkshire Hathaway Inc. recorded a 29.2 percent jump in net income in 2006 as the insurance giant benefited from a lack of hurricanes.
Dell 4Q earnings, revenues drop
 
AP - Dell Inc. saw its fourth-quarter profits plunge Thursday in what the struggling computer maker called a preliminary earnings report due to an ongoing federal investigation of the company's finances.
AIG 4Q profit up more than eight-fold
 
AP - American International Group Inc. on Thursday said fourth-quarter profit rose sharply a year after the world's largest insurer spent $1.64 billion to settle charges of improper accounting practices.
Viacom 4th-qtr profit rises on Dreamworks purchase
 
Reuters - Viacom Inc. (VIAb.N), owner of the Paramount film studio and MTV cable television networks, said on Thursday quarterly profit nearly quadrupled, helped by its purchase of the DreamWorks movie studio and hefty year-ago charges.

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