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CompareCC News Archive Listing for Stocks and Investing during 2007-04-13.
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European stocks push higher
 
FT.com - European equities were firmer on Friday as energy stocks led the way after a spike in oil prices, while merger activity continued to provide much of the focus.
FTSE recovers poise as oil majors rise
 
FT.com - London equities moved higher in opening trade on Friday, supported by oil majors after an overnight spike in crude prices on concern of gasoline supply shortages in the US.
Infosys Q4 earnings jump 70 pct on new clients, higher rates
 
AFP - Indian software giant Infosys on Friday posted a higher-than-expected 70 percent jump in fiscal fourth-quarter net income but forecast growth to slow sharply in the year ahead.
Infosys Q4 jumps, forecasts slower year growth
 
Reuters - Infosys Technologies Ltd., India's No.2 software exporter, beat expectations with a 70 percent jump in quarterly profit, on higher fees and overseas contracts, but forecast more modest earnings growth this year.
Samsung posts weak Q1 earnings
 
AFP - South Korea's Samsung Electronics on Friday said net profit during the three months to March fell 15 percent from a year earlier due to weak chip prices.
U.S. stocks head toward flat open
 
AP - U.S. stocks tilted toward a flat opening Friday as investors remained cautious ahead of inflation data and next week's corporate earnings reports.
Futures flat after GE earnings; PPI looms
 
Reuters - Stock futures pointed to a flat market open on Friday as economic bellwether General Electric Co. reported a rise in profit that met Wall Street's expectations, while investors braced for inflation data due before the opening bell.
FTSE recovers as pharmas and oil majors rise
 
FT.com - London equities moved higher in midday trade on Friday, supported by oil majors after an overnight spike in crude prices on concern of gasoline supply shortages in the US.
European stocks energised by rising oil prices
 
AFP - Europe's main stock markets rose on Friday, with the energy sector lifted by higher crude oil prices.
General Electric 1Q earnings up 2 pct.
 
AP - General Electric Co. on Friday reported first-quarter earnings of $4.5 billion, up 2 percent from the same period in 2006.
Stocks waver on confidence data
 
AP - Wall Street waffled Friday as a slide in consumer confidence heightened investor concerns about the economy but the government's wholesale inflation report eased some fears of higher interest rates.
GE 1Q earnings rise 2 percent
 
AP - General Electric Co. posted first-quarter earnings of $4.5 billion Friday, up 2 percent from the same period in 2006, helped by rising infrastructure sales.
Stocks flip-flop on economic reports
 
AP - Wall Street waffled Friday as a slide in consumer confidence heightened investor concerns about the economy but the government's wholesale inflation report eased some fears of higher interest rates.
FTSE closes at new 6½ year high
 
FT.com - London equities enjoyed a strong performance on Friday with the FTSE closing at its highest level since November 2000, supported by gains in the oil sector as crude prices moved higher.
Stocks mixed on economic reports
 
AP - Stocks were mixed on Friday, as a slide in consumer confidence heightened investor concerns about the economy but the government's wholesale inflation report eased some fears of higher interest rates.
Stocks flat as data offsets M&A
 
Reuters - U.S. stocks were little changed on Friday as signs of eroding consumer confidence offset optimism about a possible buyout of student-loan company Sallie Mae and positive earnings news.
McDonald's to top Street for 1Q earnings
 
AP - McDonald's Corp. on Friday reported stronger-than-expected March sales and possibly its best month ever in Europe, results it said will propel first-quarter earnings well above Wall Street estimates. Its stock jumped to the highest level since 1999.
Blue chips gain on higher profit forecasts
 
Reuters - Stocks advanced on Friday, boosted by higher profit outlooks from drug maker Merck & Co. and restaurant chain McDonald's Corp. .
Stocks up ahead of earnings releases
 
AP - Stocks were mostly higher Friday as investors traded optimistically ahead of next week's rush of earnings releases after a government report on wholesale inflation eased some fears of higher interest rates.
Global Overview: European equities power to 6-year highs
 
FT.com - European and UK stock markets closed at their highest levels for six years on Friday as renewed optimism about global growth helped them cement a recovery from heavy losses at the end of February.
Investors await less lofty earnings
 
AP - After nearly four years of stratospheric profit growth for Standard & Poor's 500 companies, investors are about to see earnings come back down to earth.
Stocks up on wholesale inflation data
 
AP - Wall Street closed out a bumpy week with a moderate gain Friday as investors, heartened by new inflation data, bought optimistically ahead of next week's rush of earnings releases. The Dow Jones industrials had their 10th advance in 11 sessions, and all the major indexes closed out the week higher.
US STOCKS-Stocks climb on higher profit forecasts
 
Reuters - U.S. stocks advanced on Friday, boosted by stronger profit outlooks from drug maker Merck & Co. and fast-food restaurant chain McDonald's Corp. .
Takeover activity lights up Footsie
 
FT.com - The FTSE 100 hit a six-year high on Friday, underlining the resilience of global equities markets.
Dow closes up 59, Nasdaq finishes up 12
 
AP - Wall Street closed out a bumpy week with a moderate gain Friday as investors, heartened by new inflation data, bought optimistically ahead of next week's rush of earnings releases. The Dow Jones industrials had their 11th advance in 12 sessions, and all the major indexes closed out the week higher.
Stocks' gains hinge on earnings and CPI
 
Reuters - Next week could be make-or-break time for Wall Street's push to recover from the market's slide in late February, with earnings due from bellwethers such as Citigroup Inc. and the release of the Consumer Price Index.
Wall St. holds fast despite economic, earnings worries
 
AFP - Wall Street has been able to shake off worries about a slowing US economy, and has inched closer to a blue-chip record high as the market enters the heart of the corporate earnings season.

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