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CompareCC News Archive Listing for Stocks and Investing during 2007-03-27.
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Japanese stocks drop after 5-day rally
 
AP - Japanese stocks fell Tuesday, snapping a five-day rally that lifted the market nearly 5 percent. Declines in utility and pharmaceutical stocks depressed the market.
FTSE led higher by commodities
 
FT.com - The FTSE made a positive start to trading on Tuesday with mining stocks leading the way and Taylor Woodrow in the spotlight again.
Stocks seen down as eyes on consumer confidence
 
Reuters - Shares looked set to open unchanged or marginally lower on Tuesday with March consumer confidence data due at 1400 GMT the main focal point for investors on a day when the corporate calendar is light.
Next leads FTSE higher
 
FT.com - Next led London's gainers and the FTSE moved higher by mid-morning on Tuesday, helped by strong gains across for mining stocks and further merger speculation in the housebuilding sector.
Futures slip after Lennar; data eyed
 
Reuters - Stock futures dipped on Tuesday as home builder Lennar Corp. abandoned its 2007 forecast, darkening the housing market picture, and investors stayed cautious before consumer confidence data.
European stock markets edge higher
 
AFP - European stock markets rebounded slightly on Tuesday, helped by fresh takeover talk and following a late recovery on Wall Street overnight, dealers said.
Stocks Head Toward Lower Open
 
AP - U.S. stocks headed toward a lower opening Tuesday as Wall Street awaited further signs about the economy a day after a weak home sales report revealed a still jittery mood among investors.
NYSE wins 91.42 percent of Euronext with 10.7-bln-euro bid
 
AFP - The New York Stock Exchange has acquired the pan-European stock market Euronext, winning 91.42 percent approval of its agreed bid worth about 10.7 billion euros (14.26 billion dollars), provisional results of a shareholder vote showed on Tuesday.
Lennar 1Q profit slides 73 percent
 
AP - Lennar Corp., one of the nation's largest homebuilders, said Tuesday its first-quarter profit tumbled 73 percent on continued softness in the housing market, and warned it doesn't expect to meet its 2007 earnings guidance.
Stocks fall on housing market jitters
 
AP - Stocks fell Tuesday as worries mounted that the nation's housing market may be slowing sharply enough to seep into the broader U.S. economy.
Housing fears weigh on Wall St
 
FT.com - US stocks were poised for a slightly lower start on Tuesday as a profits warning from Lennar (NYSE:LEN), the third-biggest US homebuilder, aggravated investors' concerns about a prolonged downturn in the housing market.
McCormick profit higher on cost-cutting
 
Reuters - Spice seller McCormick & Co. Inc. said on Tuesday that quarterly profit more than tripled, as a restructuring program yielded cost savings and sales increased overall.
Housing industry concerns drag indexes lower
 
Reuters - U.S. stocks fell on Tuesday after consumer confidence declined more than expected in March and a major home builder scrapped its 2007 outlook, the latest evidence of a slowdown in housing.
Market turmoil hits US consumer confidence
 
FT.com - Consumer confidence fell in March, as higher oil prices and unsettling activity in the stock markets disturbed Americans' hopes for their future economic health.
NYSE buys Euronext, forming first inter-continental stock market
 
AFP - A vast transatlantic stock market emerged on Tuesday when the New York Stock Exchange won control of pan-European market operator Euronext, creating an entity worth 29 billion dollars linking trading platforms in six cities.
Lennar 1Q profit falls on soft market
 
AP - Lennar Corp., one of the nation's largest homebuilders, said Tuesday its first-quarter profit tumbled 73 percent on continued softness in the housing market made worse by problems with subprime lenders. Lennar also warned it doesn't expect to meet its 2007 earnings guidance and the company's stock fell nearly 3 percent.
Weak housing report sends stock down
 
AP - Stocks stumbled Tuesday as new data stirred up worries that the nation's housing market may be slowing sharply enough to seep into the broader economy and crimp consumer spending.
Lennar among big movers on Wall Street
 
AP - Stocks that were moving substantially or trading heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
Wall Street falls on housing worries
 
Reuters - Stocks fell on Tuesday after data showed a drop in consumer confidence in March and a major home builder scrapped its 2007 outlook, fueling concerns about the fallout from housing on the economy's health.
US stocks slides on housing fears
 
FT.com - US stocks fell sharply on Tuesday as signs of softer consumer confidence and a profit warning from Lennar (NYSE:LEN), the third-biggest US homebuilder, aggravated worries about the economy.
Next leads FTSE gainers
 
FT.com - Next led London's gainers on Tuesday but the FTSE struggled to make progress after a weak start on Wall Street. Media stocks enjoyed a strong session and merger speculation continued in the housebuilding sector.
Indexes fall as housing dims profit views
 
Reuters - U.S. stocks closed lower on Tuesday after a weak consumer confidence report fueled concerns the housing slowdown would spread into the broader economy and hurt profits.

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