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CompareCC News Archive Listing for Stocks and Investing during 2007-03-02.
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Asia sees mild gains but Tokyo extends fall
 
FT.com - Most of Asia's stock markets staged cautious recovery on Friday, with the exception of Tokyo, where a continued fall in the Nikkei 225 Average erased the last remnants of the index's gains so far in 2007.
Berkshire to release annual report early
 
AP - Investors will be able to react immediately Friday to the latest wrinkle in legendary investor Warren Buffett's succession plan, instead of having to wait through the rest of a weekend as in years past.
PC Maker Dell Ends Its Year With Quarterly Profit Decline
 
Investor's Business Daily - Computer maker Dell could be singing 'Auld Lang Syne' and hoping for a fresh start now that it's finished its fiscal year on an off note.
Japanese stocks decline; dollar gains
 
AP - Japanese stocks fell Friday for a fourth straight session, dragged down by exporters on worries that the U.S. economy might be slowing and amid jitters over this past week's global market slide.
Tokyo extends fall as rest of Asia looks to recover
 
FT.com - Most of Asia's stock markets staged cautious recovery on Friday, with the exception of Tokyo, where a continued fall in the Nikkei 225 Average erased the last remnants of the index's 2007 gains.
Asia stocks nervy; oil and gold dip
 
Reuters - Asian shares extended their falls on Friday, still raw from a global sell-off, despite healthy U.S. manufacturing data that lifted the dollar above 11-week lows against the yen.
Dollar rises vs. yen in Asian trading
 
AP - The dollar rose slightly against the yen in Asia Friday as traders remained jittery over the direction of regional stock markets following the global sell-off earlier this week.
FTSE pares recent falls to trade higher
 
FT.com - London equities pared recent heavy losses to trade in positive territory on Friday morning.
European stocks higher as banks rally
 
FT.com - European equity markets staged a modest rally on Friday as financial and technology stocks rebounded, but gains were tentatvie, with the previous session's violent swing lower still on the minds of investors.
Oil prices retreat below $62 a barrel
 
AP - Oil prices fell Friday in Asian trading after rising overnight to their highest level since late December as gasoline supply worries heightened.
Stock futures mixed at end of rough week
 
AP - U.S. stock futures were mixed on the final day of a difficult week, with Dow industrials component American International Group likely to get a boost from its new payout policy but computer maker Dell likely to struggle on its downbeat outlook.
European stocks reverse as turbulence resumes
 
FT.com - European equity markets gave up opening gains and turned lower, heading for weekly losses of nearly 5 per cent as turbulent trading resumed.
Oil prices climb above $62 a barrel
 
AP - Oil prices rose Friday on worries over tightening gasoline supplies, and perceptions that production cuts by the Organization of Petroleum Exporting Countries were starting to take effect.
Dell earnings plunge 33% as sales drop
 
USATODAY.com - SAN FRANCISCO - Dell's profits plunged 33% in what the struggling PC maker called a preliminary earnings report while its finances are investigated by federal authorities.
Global stocks mixed at end of volatile week
 
AFP - The Paris and Frankfurt stock markets extended losses on Friday but London rose in volatile trading following a mixed showing by Asian shares and a weak overnight performance by Wall Street.
Dollar edges ahead amid equities downturn
 
AFP - The dollar rose slightly against the euro on Friday as anxious investors closely monitored the state of global stock markets following recent turbulent trade.
Earnings News Launches EchoStar
 
BusinessWeek Online - EchoStar Communications (NasdaqGS:DISH - News), the operator of DISH Network, has managed to keep adding subscribers in spite of bruising competition. The Englewood, (Colo) satellite-TV service said Mar. 1 that its profits rose more than expected during recent months.
Stronger yen puts pressure on Wall Street
 
FT.com - Wall Street stocks were set for a lower start on Friday, as a stronger yen and disappointing earnings from Dell (NASDAQ:DELL) encouraged investors to shy away from risky assets.
Oil prices steady after overnight gains
 
AP - Oil prices steadied Friday after their biggest gain in more than two months on worries over tightening gasoline supplies. Prices were also bolstered by perceptions that production cuts by the Organization of Petroleum Exporting Countries were starting to take effect.
Coincidences that pushed world markets into panic
 
FT.com - It has been one of those weeks. Every so often, a collective panic breaks out among investors in the world's stock markets, and share prices fall like fragile fences charged down by a herd of frightened animals.
Volatile European stocks led lower by banks
 
FT.com - The financial sector bore the brunt of heavy losses suffered by European equity markets this week.
Stocks fall as jitters persist on risk
 
Reuters - Stocks fell for a second day in a row on Friday, with investors skittish about mounting risk aversion that has fueled a global equities sell-off.
Gold slides 2 percent on stock losses
 
Reuters - Gold was hit by further selling on Friday as investors continued to reduce their exposure to the metal after heavy losses in stock markets this week.
Oil prices dip after overnight gains
 
AP - Oil prices edged down Friday as traders eyed the stock market and after oil made its biggest gain in more than two months on worries over tightening gasoline supplies.
Horizon Lines posts quarterly profit
 
Reuters - Container shipping company Horizon Lines Inc. reported a quarterly profit on Friday as revenue gains from rate increases and other factors more than offset volume softness.
Wall Street falls in steadier trading
 
FT.com - Wall Street stocks were lower by mid-afternoon on Friday in calmer trading as investors reacted to a stronger yen and more troubles among subprime mortgage lenders.
Fed's Poole says U.S. not heading into recession
 
Reuters - St. Louis Federal Reserve President William Poole on Friday dismissed fears that the U.S. economy was heading into recession, and said he saw no current grounds for the central bank to prop up falling stock markets.
Oil prices slip after stock market falls
 
AP - Oil prices fell Friday as traders watched the stock market decline even further, renewing concerns that economic growth may stall.
Stocks Post Worst Week in Over 4 Years
 
AP - Stocks stumbled in the final session of a tumultuous week Friday as the yen rallied against the dollar and concerns about the U.S. economy still dogged investors after Tuesday's huge drop.
Global stocks close lower at end of volatile week
 
AFP - Volatile global stock markets suffered losses again on Friday, but nervous investors showed signs of recovering their composure after frantic selling earlier in the week.
NYSE seeks relief from SEC regulations
 
Reuters - NYSE Group , which operates the New York Stock Exchange, has requested relief for one month from compliance with certain securities regulations taking effect on Monday.
Stocks fall amid rise in yen
 
AP - Stocks stumbled in the final session of a tumultuous week Friday as the yen rallied against the dollar and concerns about the U.S. economy still dogged investors after Tuesday's huge drop. The Dow Jones industrials logged their worst weekly performance in more than four years.
Paulson says global economy 'strong'; volatility a facet of markets
 
AFP - US Treasury Secretary Henry Paulson said Friday that the global and US economies were "strong" and that volatility is a facet of stock markets following heavy losses on Wall Street.
Global stocks hit by more losses at end of volatile week
 
AFP - Volatile global stock markets suffered more losses Friday, with Wall Street hit by heavy selling as edgy investors retrenched ahead of the weekend with other bourses still skittish from this week's turmoil.
How Short ETFs Help In A Market Correction
 
Investor's Business Daily - Short exchange traded funds got a small boost this week as the Dow Jones industrial average lost 416 points and the Nasdaq composite dropped 96.66 Tuesday. But that doesn't mean you should necessarily chase them, says ProShares Advisors CIO Bill Seale.
Investors on edge after week of turmoil
 
FT.com - US stocks lost more ground on Friday after a turbulent week that saw European bourses endure their worst week for four years and Wall Street suffer its biggest one-day fall since markets reopened after the September 11 2001 terrorist attacks.

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