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CompareCC News Archive Listing for Stocks and Investing during 2007-04-11.
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Report: Nasdaq may buy Philly exchange
 
AP - Nasdaq Stock Market Inc. is in talks to acquire the Philadelphia Stock Exchange, according to a published report.
Tepid data leaves Tokyo shares flat
 
FT.com - Japanese stocks were broadly unchanged on Wednesday, with sentiment subdued by a lacklustre clutch of economic data. The Nikkei 225 closed up 0.03 per cent at 17,670.07 while the broader Topix index edged up 0.19 per cent to Y1,739.01.
FTSE lower as ex-divs exert pressure
 
FT.com - London equities were little changed in opening trade on Wednesday, with strength among retailers countered by a raft of stocks trading ex-dividend.
Wall Street rally as earnings loom
 
FT.com - Wall Street stocks rose modestly on Tuesday, with investors in a cautious mood as the start of earnings season beckoned.
Puma kicks off latest M&A action
 
FT.com - Another burst of merger and acquisition activity Tuesday helped drive European stocks to within a whisker of the six-year highs struck just before the start of a global equity sell-off at the end of February.
Wall Street mixed at mid-afternoon as earnings loom
 
FT.com - Wall Street stocks were mixed at mid-afternoon on Tuesday, with investors in a cautious mood as the start of earnings season beckoned.
Stocks point flat as winning streak wears on
 
Reuters - Stock futures pointed to a flat market open on Wednesday after Alcoa Inc. began the first-quarter earnings season with strong results, but the Dow industrials may be primed for a pullback after eight straight days of gains.
Nasdaq mulling bid for Philadelphia bourse: report
 
AFP - Nasdaq, the premier US electronic exchange, is in talks to buy the country's oldest stock market, the Philadelphia Stock Exchange, the Wall Street Journal reported Wednesday.
Price Wars Hit Seagate
 
BusinessWeek Online - Seagate Technology warned that its revenue would be lower than expected for the March quarter, as the hard disk drive maker continues to struggle against rivals in a bitter price war that has lasted for years. After the news, the stock fell 9% to $21.34 in late morning trading on the New York Stock Exchange Apr. 10.
Oil prices advance before US stocks data
 
AFP - World oil prices rose on Wednesday as the market awaited US inventories data that was expected to show further falls in gasoline stocks ahead of the peak demand season for motor fuel, analysts said.
FTSE higher as M&S bid talk sparks gains
 
FT.com - London equities moved higher in midday trade on Wednesday, with Marks & Spencer the latest retailer to rise higher on talk of bid interest from private equity.
Wall Street set for higher open as earnings arrive
 
FT.com - Wall Street stocks were set to open higher on Wednesday, as investors digested a major cost cutting plan from Citigroup (NYSE:C) and awaited further earnings results.
Wall St turns lower amid earnings results
 
FT.com - Wall Street stocks were lower at mid-morning on Wednesday, as investors were unmoved by a major cost-cutting plan from Citigroup (NYSE:C) and awaited further earnings results.
Stocks fall on oil supplies data
 
AP - Wall Street stumbled Wednesday as climbing oil prices heightened inflation worries, which weighed on investors as they awaited minutes from the Federal Reserve's last meeting for clues about interest rates.
Stocks stumble as gasoline prices climb
 
AP - Wall Street stumbled Wednesday as rising gasoline prices heightened inflation worries that were already weighing on investors as they awaited minutes from the Federal Reserve's most recent meeting.
Wall St lower as Citigroups plans job cuts
 
FT.com - Wall Street stocks were lower at midday on Wednesday, as a major cost-cutting plan from Citigroup (NYSE:C) and a rebound in oil prices left investors cold and threatened to end a recent winning streak for stocks.
Nasdaq mulling bid for Philadelphia bourse
 
AFP - Nasdaq, the premier US electronic exchange, is reportedly in talks to buy the country's oldest stock market, the Philadelphia Stock Exchange.
Oil prices jump after gasoline stocks tumble
 
Reuters - Oil prices jumped on Wednesday after U.S. gasoline stocks fell far more than expected ahead of the busy summer months in the world's top consumer.
Stocks stumble on Fed meeting minutes
 
AP - Wall Street stumbled Wednesday, pulling the Dow Jones industrials down more than 100 points after minutes from the Federal Reserve's most recent meeting indicated that the central bank is not ruling out an interest rate hike to curb inflation.
Oil rises amid sliding U.S. gasoline stocks
 
Reuters - A steep slide in gasoline stockpiles in the United States sparked concern of a potential supply crunch when drivers hit the roads this summer, boosting oil prices on Wednesday.
Stocks retreat on Fed meeting minutes
 
AP - Wall Street stumbled Wednesday, pulling the Dow Jones industrials down nearly 90 points after minutes from the Federal Reserve's most recent meeting indicated the central bank is not ruling out an interest rate hike to curb inflation.
Wall St slides on Fed minutes, higher gasoline
 
Reuters - U.S. stocks tumbled on Wednesday as minutes from last month's Federal Reserve meeting hinted at the need for more rate hikes, adding to worries about surging gasoline prices and the weak housing market.
Dow's latest winning streak packed little punch
 
Reuters - With U.S. stocks sagging Wednesday afternoon, the Dow industrials appeared on track to close out their longest streak of gains in four years. Yet for all its historic length, the eight-day run didn't actually propel blue chips all that much higher.
Research In Motion 4Q profit up 66 pct.
 
AP - BlackBerry maker Research In Motion Ltd. said Wednesday its fiscal fourth-quarter profit soared as sales jumped 66 percent, according to preliminary results pending a restatement of past finances.
Genentech 1Q profit up 68 percent
 
AP - Biotechnology company Genentech Inc. on Wednesday reported a first-quarter profit surge of 68 percent over the same period last year behind continued strong sales of its stable of blockbuster cancer drugs.
Shares fall on Fed rate-hike hint, gasoline's jump
 
Reuters - U.S. stocks tumbled on Wednesday as minutes from last month's Federal Reserve meeting hinted at the need for more rate hikes, adding to worries about surging gasoline prices and the weak housing market.
Research In Motion 4Q profit balloons
 
AP - BlackBerry maker Research In Motion Ltd. said Wednesday its fiscal fourth-quarter profit soared as sales jumped 66 percent, according to preliminary results pending a restatement of past finances.
Research In Motion sees 4Q earnings rise
 
AP - BlackBerry maker Research In Motion Ltd. said Wednesday its fiscal fourth-quarter profit soared as sales jumped 66 percent, according to preliminary results pending a restatement of past finances.
Genentech 1Q profit up 68 pct. to $706M
 
AP - Biotechnology company Genentech Inc. on Wednesday reported a first-quarter profit surge of 68 percent over the same period last year behind continued strong sales of its stable of blockbuster cancer drugs.

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