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CompareCC News Archive Listing for Stocks and Investing during 2007-03-15.
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Asian stocks rebound on yen weakness
 
FT.com - Asian stocks staged a broad recovery on Thursday morning, led by Tokyo, boosted by an overnight rebound in US stocks and a fallback in the yen.
Asian stocks rebound on Wall Street recovery
 
AFP - Asian stock markets rallied in early trade Thursday after Wall Street rebounded overnight, helping to restore some calm to jittery global bourses following a round of heavy losses on Wednesday.
Lehman Brothers 1Q profit up 5.6 pct.
 
AP - Lehman Brothers Holdings Inc., the No. 4 U.S. investment house, said Wednesday robust trading and overseas expansion drove its first-quarter profit up 5.6 percent, matching Wall Street expectations.
Japanese stocks rebound; dollar up
 
AP - Japanese stocks rebounded Thursday from their plunge a day earlier, helped by a recovery on Wall Street, as investors snapped up steel and electronics shares that had fallen to attractive levels.
Asian markets recover from recent tumble
 
AP - Relieved by a recovery overnight on Wall Street, Asian stocks bounced back Thursday, a day after tumbling on worries about an plunge in U.S. stocks and slower growth in the American economy.
Qantas sees earnings in line with forecasts
 
AFP - Australian takeover target Qantas Airways said Thursday it expects year to June net profit growth to be at the upper end of its anticipated 30-40 percent rise, as previously stated.
FTSE recovers as sell-off fades
 
FT.com - London equities recovered in opening trade on Thursday, as stronger Asian markets helped dispel the gloom and investors warmed to strong numbers from Prudential and Wm Morrison and confirmation that Cadbury Schweppes (NYSE:CSG) is looking at selling its US drinks business.
U.S. futures rise as Europe rallies; PPI on tap
 
Reuters - U.S. stock index futures pointed to a higher market open on Thursday as a bevy of corporate deals and restructuring plans in Europe stirred optimism about equity valuations.
Bear Stearns profit rises 8 percent
 
Reuters - Bear Stearns Cos. Inc. , Wall Street's leading underwriter of mortgage-backed securities, said on Thursday quarterly earnings rose 8 percent, but problems in the risky subprime loan sector hurt mortgage-related revenue.
Bayer says 4Q profit surges to $410M
 
AP - Bayer AG said Thursday its fourth-quarter earnings surged, buoyed by strong growth in its health care business, and the drug and chemical maker forecast that annual group sales would rise at least 5 percent as it benefits from the acquisition of rival Schering AG.
Stocks turn higher on inflation report
 
AP - Stocks rose tentatively in early trading Thursday after the government's gauge of inflation at the wholesale level came in higher than expected, but the job market and overseas stocks showed signs of strength.
Stocks up slightly on M&A buzz; data weigh
 
Reuters - Stocks were slightly higher on Thursday amid enthusiasm over a bid to buy the Chicago Board of Trade, although news of unexpectedly high gains in producer prices dimmed hopes of an interest rate cut by the Federal Reserve.
World equity markets rebound from heavy losses
 
AFP - Global stock markets have bounced back as sharp-eyed investors snapped up bargains, with European and Asian indices following Wall Street higher after recent sharp falls, dealers said Thursday.
US stocks bruised by producer prices data
 
FT.com - US stocks were set for a lower start on Thursday, after an unexpected jump in wholesale inflation offset deal activity.
Europe, Asia markets rise after selloff
 
AP - European and Asian stock markets rebounded Thursday, relieved by a recovery on Wall Street after a plunge earlier in the week triggered by worries about a slowdown in the U.S. economy.
Bear Stearns 1Q profit up 8 percent
 
AP - Bear Stearns Cos., Wall Street's largest underwriter of mortgage securities, on Thursday reported first-quarter profit rose 8 percent despite a challenging environment in the subprime lending sector.
Winnebago 2Q profit falls on lower sales
 
AP - Winnebago Industries Inc., one of the nation's leading recreational vehicle manufacturers, said Thursday that fiscal second-quarter profit edged down 3 percent on lower revenue. But the results beat analysts' expectations and the company's shares soared nearly 8 percent.
Stocks turn higher on PPI data
 
AP - Stocks rose Thursday after the government's gauge of wholesale inflation came in higher than expected, but the job market, corporate takeover activity and overseas stocks showed signs of strength.
Stocks climb on M&A activity
 
Reuters - Stocks were slightly higher on Thursday amid enthusiasm over a bid to buy the Chicago Board of Trade, although news of unexpectedly high gains in wholesale inflation dimmed hopes of an interest rate cut by the Federal Reserve.
Bear Stearns helps lift Wall Street gloom
 
FT.com - US stocks were trading a touch firmer at mid-morning on Thursday, after an unexpected jump in wholesale inflation offset deal activity.
Stocks gain despite inflation data
 
AP - Stocks extended their recovery Thursday as signs of strength in corporate takeover activity, jobs and overseas markets allowed investors to stomach a sharp rise in wholesale inflation.
Nasdaq names Michael Oxley vice chairman
 
Reuters - Nasdaq Stock Market Inc. on Thursday named former Congressman Michael G. Oxley, co-author of the Sarbanes-Oxley securities legislation, as nonexecutive vice chairman.
Stocks up modestly as banks' gains temper PPI
 
Reuters - Stocks rose in choppy trading on Thursday as financial shares recovered from recent losses and offset news of unexpectedly high producer prices that dampened hopes of an interest-rate cut.
Stocks rise slightly, but nerves persist
 
AP - Stocks managed a moderately advance Thursday, staying afloat as signs of strength in corporate takeover activity, jobs and overseas markets allowed investors to stomach a sharp rise in wholesale inflation.
Stocks ends higher as financials recover
 
Reuters - Stocks rose on Thursday after healthy earnings from Bear Stearns Cos. eased concerns about the subprime problems spreading to other companies and the wider economy.
Global stocks rout is checked, Europe, Asia post sold gains
 
AFP - An unsettling global equities rout sparked by fears of a meltdown in the US housing market was checked Thursday with share prices in the United States, Europe and Asia posting solid gains.
Bear Stearns calms subprime jitters
 
Reuters - Bear Stearns Cos. Inc. , the No. 1 U.S. underwriter of mortgage-backed securities, posted an 8 percent rise in quarterly earnings on Thursday and calmed a jittery U.S. stock market when it said problems with risky subprime mortgages were largely contained.
Banks' shares push stocks up, easing mortgage woes
 
Reuters - U.S. stocks finished higher on Thursday after healthy earnings from Bear Stearns Cos. Inc. eased concerns about subprime lending problems spreading to other companies and the wider economy.
Wall Street advances as anxiety persists
 
AP - Stocks managed a moderate advance Thursday, staying afloat as signs of strength in corporate takeover activity, jobs and overseas markets allowed investors to stomach a sharp rise in wholesale inflation.
Global stocks get off sickbed
 
AFP - A rout on global equity markets sparked by fears of a meltdown in the US housing market was checked Thursday with share prices in the United States, Europe and Asia posting solid gains.
Banking sector leads Tokyo stocks lower
 
FT.com - Japanese stocks fell on Friday morning, hit by dollar weakness against the yen and a sharp fall in the banking sector.

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