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CompareCC News Archive Listing for Stocks and Investing during 2007-04-12.
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Japanese stocks decline 0.73 percent
 
AP - Japanese stocks fell Thursday, led by technology, auto and banking shares, following Wall Street's overnight decline.
FTSE follows Wall Street lower
 
FT.com - London equities fell in opening trade on Thursday, tracking Wall Street lower on renewed fears of inflationary pressure and the outlook for interest rates in the world's biggest economy.
European stocks sag
 
AFP - Europe's main stock markets headed lower on Thursday in cautious trade ahead of a decision on eurozone interest rates, dealers said.
Fading bid talk hampers FTSE
 
FT.com - London equities continued to fall in midday trade on Thursday, as hopes for further dealmaking activity cooled, leading to losses for companies loosely linked with potential bids.
U.S. stocks headed to lower open
 
AP - U.S. stocks pointed to a lower opening on Thursday as investors turned cautious ahead of retail sales reports that will indicate the pace of consumer spending last month.
POSCO posts solid Q4 earnings
 
AFP - South Korea's leading steelmaker POSCO said Thursday its operating profit jumped 41 percent year-on-year in the three months to March, backed by firm prices and cost reductions.
Rite Aid 4Q profits misses expectations
 
AP - Rite Aid Corp. on Thursday reported a small fourth-quarter profit that missed expectations, and the nation's third-largest drugstore chain said it now expects to close its purchase of 1,850 Brooks and Eckerd stores by the end of May.
Rite Aid posts small quarterly profit
 
Reuters - Rite Aid Corp. , the third-largest U.S. drugstore chain, posted a lower quarterly profit on Thursday, weighed down by special charges.
Biotechs lift Nasdaq; Dow trims losses
 
Reuters - Tech shares rose on Thursday after biotechnology company MedImmune Inc. put itself up for sale, lifting other shares in the sector, while blue chips erased earlier losses.
Dow up on retail sales, unemployment
 
AP - Stocks rose in cautious trading Thursday following warnings of lackluster retail sales and a greater-than-expected increase in weekly jobless claims.
Nasdaq, OMX deny takeover talk
 
AP - Shares in Swedish stock exchange operator OMX AB soared Thursday after it was reported to be the subject of a takeover bid by the Nasdaq Stock Market, though both bourses denied an offer was made.
Rite Aid reports small 4Q profit
 
AP - Rite Aid Corp. on Thursday reported a small fourth-quarter profit that missed expectations, and the nation's third-largest drugstore chain pushed back the expected closing date of its deal to purchase 1,850 Brooks and Eckerd stores.
Nasdaq up on biotech; blue chips flat
 
Reuters - Tech shares gained on Thursday after biotechnology company MedImmune Inc. put itself up for sale, lifting shares of its competitors on expectations of more deals in the sector.
Stocks rise despite hazy retail outlook
 
AP - Stocks pushed higher Thursday as investors tried to look past warnings of lackluster retail sales and a greater-than-expected increase in weekly jobless claims.
Rite Aid profit falls, sees Coutu deal closing May
 
Reuters - Rite Aid Corp. , the third-largest U.S. drugstore chain, said on Thursday its quarterly profit fell and it now expects to buy the U.S. Brooks and Eckerd drugstores from Jean Coutu by the end of May.
Wall St gains on retail sales, M&A
 
Reuters - U.S. stocks rose on Thursday as strong retail sales data relieved fears about consumer spending and corporate deal activity in the biotech sector boosted shares.
Wall Street firmer amid earnings and data
 
FT.com - Wall Street was firmer at mid-afternoon on Thursday as investors sought a silver lining in a mix of earnings, monthly retail sales figures and economic data.
Wall St rallies on M&A and retail sales
 
Reuters - U.S. stocks rose on Thursday as MedImmune Inc. put itself up for sale, lifting the biotech sector, and strong retail sales data relieved fears about consumer spending.
Wall Street rallies amid earnings and data
 
FT.com - Wall Street rallied on Thursday as investors sought a silver lining in a mix of earnings, monthly retail sales figures and economic data.
Krispy Kreme narrows 4Q losses
 
AP - Krispy Kreme Doughnuts Inc. said Thursday its fourth-quarter loss narrowed as the doughnut maker continues its recovery from a bad stumble several years ago.
Zurich Financial pushes ahead
 
FT.com - Bid and merger rumours continued to swirl through European markets Thursday, helping to offset fresh uncertainty about the prospects for US interest rates. The FTSE Eurofirst 300 index slipped 0.3 per cent to 1,542.39.
Wall St up on M&A, retail sales; Apple falls late
 
Reuters - U.S. stocks rose on Thursday as MedImmune Inc. put itself up for sale, lifting the biotech sector, and strong retail sales data relieved fears about consumer spending.
Stocks up despite cloudy retail outlook
 
AP - Stocks resumed their advance Thursday following a one-day hiatus as investors looked past a somewhat cloudy picture for retail sales and higher oil prices. The Dow Jones industrial average has shown gains in nine of the last 10 sessions.

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