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CompareCC News Archive Listing for Stocks and Investing during 2008-11-19.
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Asian markets fall on gloomy earnings outlook
 
AP - Most Asian markets slid into the red Wednesday, ignoring gains on Wall Street overnight, as demand for commodities continued to wilt and financial firms reported weak earnings, reinforcing pervasive gloom about the global economy.
Japan stocks fall on grim bank earnings, auto woes
 
AP - Japanese stocks fell Wednesday as grim earnings from the country's biggest bank and doubts about the fate of a U.S. government lifeline for ailing automakers underlined a gloomy outlook for world growth and corporate earnings.
UK credit agency Experian 1H profit rises 15 pct
 
AP - British credit agency Experian PLC said Wednesday its net profit rose 15 percent in the first half on strong growth in Latin America and a successful cost savings program.
Banks weigh on European stocks again
 
AP - European stock markets headed lower Wednesday following losses in Asia, with worries about a global downturn weighing on banking and commodity stocks.
FTSE 100 dips 0.12%
 
AFP - The FTSE 100 index of leading shares eased 0.12 percent to 4,203.71 points when trading began on Wednesday.
Asian stocks slip as auto crisis deepens
 
AFP - Asian stock markets stumbled Wednesday as fears grew for the future of the 'Big Three' US carmakers -- a key pillar of the world's largest economy -- which are pleading for a government bailout.
London's FTSE 100 index down 73.70 at 4,134.85
 
AP - Share prices on the London Stock Exchange were lower at midday Wednesday.
Stocks heads to lower open ahead
 
AP - Wall Street headed for a lower open Wednesday with investors worried about the economic fallout if Detroit's Big Three automakers are unable to persuade lawmakers to give them a $25 billion bailout.
HK stock index down nearly 1 percent
 
AP - Hong Kong shares edged lower in lethargic trade Wednesday as investors sold banks and developers.
China stocks rebound despite regional losses
 
AP - Chinese shares shrugged off losses elsewhere in Asia to rise Wednesday on a rally in refiners and renewed enthusiasm about a government stimulus package.
Gas sales boost 3Q profit at BJ's Wholesale
 
AP - BJ's Wholesale Club says third-quarter profit rose 24 percent, helped by sales of gasoline.
Philippine Airlines reports $114M loss in 1st half
 
AP - The national carrier Philippine Airlines said Wednesday an unprecedented surge in fuel prices left it with a loss of $113.8 million during the fiscal first-half.
Stocks dip after report on consumer prices
 
AP - Stocks are moderately lower in early trading as investors, nervous about the fate of the nation's top automakers, scour more economic data.
European stocks dragged down by US auto worries
 
AP - European and Asian stock markets dropped Wednesday ahead of expected losses on Wall Street amid concerns about the future of the U.S. automotive industry and ahead of crucial U.S. inflation and housing data.
Automakers plead for help, markets fear sector's collapse
 
AFP - US and European automakers, warning that their industry was now imperiled by the global economic meltdown, appealed for government help and sparked sharp falls on jittery stock markets Wednesday.
Ross profit tops view
 
Reuters - Ross Stores Inc said quarterly profit rose a better-than-expected 18 percent on inventory management and cost-cutting, but it trimmed its holiday forecast as even bargain-hungry shoppers cut back amid a global financial meltdown.
World stocks drop on US economy fears
 
AP - World stock markets fell Wednesday amid concerns about the global economy after further grim U.S. economic news and as the Big Three Detroit-based automakers pleaded to be bailed out by Congress.
Stocks fluctuate after report on consumer prices
 
AP - Wall Street struggled to find a direction Wednesday, as investors, already nervous about the fate of the nation's top automakers, scoured more economic data in search of some relief.
BJ's Wholesale profit jumps 24 percent
 
Reuters - BJ's Wholesale Club Inc posted a 24 percent rise in quarterly profit on Wednesday, helped by an increase in shoppers coming to its stores and stronger-than-expected results from its gasoline stations.
Gas and food boost 3Q profit at BJ's Wholesale
 
AP - Warehouse club operator BJ's Wholesale Club Inc. said Wednesday that its fiscal third-quarter profit rose 24 percent, helped by shoppers hunting for bargains on food, gasoline and other staples.
Stocks fall as fate of automakers hangs in balance
 
AP - Wall Street turned sharply lower Wednesday, as a bailout of Detroit's Big Three automakers appeared stalled on Capitol Hill, and another round of downbeat economic news further disheartened investors. The Dow Jones industrials fell more than 200 points.
SEC puts off vote on rules for rating agencies
 
AP - The Securities and Exchange Commission on Wednesday delayed a plan to adopt new rules aimed at stemming conflicts of interest in Wall Street's credit rating industry.
Stocks fall on auto bailout woes
 
Reuters - Stocks tumbled on Wednesday as dimming hopes for a rescue of the auto industry added to concerns about the deepening economic downturn.
World stocks tumble on US deflation fears
 
AP - World stock markets slumped Wednesday amid concerns about sinking consumer prices in the U.S. and the shaky future of the Big Three Detroit-based automakers.
US stocks plunge to five and a half year lows
 
AFP - US stocks plunged to five and a half year lows Wednesday after data revealed a sharp deterioration in the world's largest economy and the Federal Reserve admitted the risk of a long recession.
Fed acknowledges recession risk, global gloom deepens
 
AFP - The Federal Reserve Wednesday acknowledged the possibility of a US recession into 2009, adding to fear over the sputtering global economy as American and European automakers begged for government help.
Limited Brands 3Q profit falls, but beats forecast
 
AP - Limited Brands Inc. said Wednesday its third-quarter profit dropped 66 percent as sales fell in the tough economy. But the results beat analyst expectations.
Dow falls below 8,000, S&P at 5-year low
 
AP - Wall Street hit levels not seen since 2003 on Wednesday, with the Dow Jones industrial average plunging below the 8,000 mark amid a dour economic outlook from the Federal Reserve and worries over the fate of Detroit's three automakers.
US, European stocks dive on recession fears
 
AFP - US and European stock markets dived Wednesday after dismal US economic data added to recession fears and automakers called for government bailouts to stave off collapse.
Asian stock markets tumble after Wall Street rout
 
AP - Asian stock markets tumbled Thursday, with Japan's main index losing nearly 5 percent, after fears of a protracted recession sent Wall Street plunging to it lowest point in five years.

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